Uber Lowers Commission Fee for Ghanaian Drivers, Tesla to Recall 54,000 Cars, and India to Launch Digital Rupee

Africa

Moove receives $10m in financing

African mobility fintech Moove has secured up to $10 million in funding from NBK Capital Partners. Moove is Uber’s official vehicle supplier in Africa and will use the funds to expand across the continent.

Casava raises $4m in Pre-Seed round

Micro-insurance fintech startup Casava has secured $4 million in a pre-seed round to provide affordable insurance to Nigerians. Casava uses behavioural science and AI to provide health insurance and income protection for its users.

Uber lowers commission fee for Ghanaian drivers

Ride-hailing company Uber has reduced its commission fee for Ghanaian drivers from 25% to 20%. To offset costs, Uber will also increase fares for riders across all service offerings.

Europe

Hackers target European oil facilities

A number of oil storage units across the EU have been disrupted due to a string of cyber-attacks on their IT systems. Dozens of terminals in SEA-Invest in Belgium, Oiltanking in Germany, and Evos in the Netherlands have seen their servers attacked by unknown assailants.

Police to set up network of drone take-off sites

Police in the Midlands are planning to set up a series of take-off sites for police drones to aid their daily activities. The police say their drones have gone on over 3,000 flights since 2017.

Welsh victims lose thousands of pounds in WhatsApp scam

A WhatsApp scam group across the UK has stolen thousands of pounds from victims, the BBC reports. The scammers often posed as stranded relatives looking for help and have cost victims up to £2,500 each.

The Americas

Tesla to recall 54,000 cars

Tesla is recalling up to 54,000 vehicles due to a software bug that allows them to roll past stop signs. Even though the cars eventually slowed down, Tesla will disable the Full Self-Driving Beta rolling stop function that causes the error.

DeepMind AI rivals skills of human coder

Google’s DeepMind AI has developed an AI system called AlphaCode that now rivals the ability of the average competitive human coder. AlphaCode appeared in the top 54% of 5,000 performers after 10 contests.

Sony to buy Bungie for $3.6bn

Sony has announced plans to buy out game developer Bungie for a reported $3.6 billion. This will make popular games such as Halo and Destiny part of Sony’s flagship titles.

Asia

India’s Koo looks to take on Twitter

Indian app, Koo, has unveiled plans to surpass Twitter as the number one micro-blogging site in the country. Co-founder Mayank Bidawatka hopes Koo will beat Twitter’s 25-million-user base in India by the close of 2022.

Australia’s Andrew Forrest sues Facebook

Australian billionaire Andrew Forrest is suing Facebook over claims the company failed to stop scam ads that used his image from running on their site. His lawsuit claims the social media platform breached anti-money laundering rules as cryptocurrency scams were spread on its site.

India to launch digital Rupee

India will launch a digital currency by the close of 2022, according to the country’s finance minister. In addition, profits from digital assets like cryptocurrencies and NFTs will suffer a 30% tax.