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Flutterwave Brings PayPal Payments to African Businesses, US to Blacklist Three Chinese Firms, Teen Admits to Role in Twitter Bitcoin Scam

Africa

Flutterwave partners with PayPal to offer payment solutions in Africa

Flutterwave is collaborating with PayPal to allow African businesses to make and accept PayPal payments on the continent. This will allow businesses using Flutterwave’s platform across Africa to accept PayPal payments from anywhere in the world.

Binance organises free masterclass on Crypto

One of the world’s largest crypto trading exchange, Binance, is organising a free masterclass on decentralised Finance and cryptocurrency. The training will be livestreamed on YouTube and Zoom.

Plentywaka accepted into Techstars Toronto Accelerator

Nigerian bus-booking startup Plentywaka has been accepted into the 2021 class of Techstars Toronto Accelerator. Having raised $300,000 in a 2020 pre-seed funding, the startup looks set to launch its interstate operation across Nigeria.

Europe

Bitcoin ad banned in the UK

A Bitcoin ad has been banned in the UK for targeting pensioners. The Advertising Standards Authority said the ad irresponsible promoted investment in cryptocurrency and targeted pensioners who were unlikely to have enough knowledge about digital coins.

Swiss hacker indicted for hacking Nissan, Intel

A Swiss hacker has been indicted after taking credit for stealing proprietary data from Intel, Nissan, and security camera startup Verkada. The hacker, 21 year old Till Kottmann, is still in Lucerne awaiting charges from the US attorney’s office.

Vodafone to reap 2.3bn in Frankfurt IPO

Vodafone looks set to earn 2.3 billion from its Vantage Towers initial public offering in Frankfurt. With each share priced at 24, the company is now valued at 12.1 billion.

The Americas

US teen admits involvement in Twitter Bitcoin scam

A US teenager has pleaded guilty to hacking high-profile Twitter accounts in a Bitcoin scam. The young American hacked the accounts of Elon Musk, Barack Obama, Bill Gates, among others. Hell serve a three year prison term and will banned from using computers without permission.

Google Play Store cuts down developer fees

The Google Play Store will cut down Android developer fees for the first $1m from the current 30% to 15%. This follows investigations into whether both Google and Apple are charging anti-competitive prices on their online stores. Apple is also cutting down fees for the first $1m in product sales on the App Store.

Instagram’s new feature to protect kids

Instagram is cracking down on adults messaging kids by limiting the messaging feature. In addition to a notice that would tell kids they do not need to reply to messages that make them uncomfortable, adults will only be able to message teenagers who follow them.

Asia

UAE to boost rainfall using drone

UAE is planning to use drones to boost rainfall in the country. The drones will spread electric shots as they fly through the clouds to encourage to cause rain. With sinking a water table, the Emirati government is turning to technology to help boost rainfall.

Samsung warns of serious chip shortage

Samsung, the world’s largest computer chip manufacture, is warning of a huge imbalance in the supply of and demand for semiconductor. The supply problems could affect global recovery and could force Samsung to skip launch of its Galaxy Note smartphone.

Three Chinese telecoms firms to be blacklisted in the US

Pacific Networks, China Unicom Americas, and ComNet could become the next Chinese telecom firms to be blacklisted in the US. Unless they are able to explain their links to Beijing and the Communist Party, the firms could be barred from doing business with American companies in the near future.

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