Africa
Zeepay to expand into Rwanda and South Africa
Zeepay is planning to raise $10 million in equity to support its expansion into South Africa and Rwanda. The company is targeting investment from private equity firms and remittance companies.
Nigeria’s Spleet to expand across Africa
Nigerian rental platform, Spleet, has plans to expand into Kenya, Ghana, and Rwanda by the middle of 2021. The prop-tech startup provides Airbnb-style accommodation that rivals the conventional multi-year rent advance practice in the real estate industry.
Ethiopian Airlines-DHL and African Electronic Group partner for parcel shipment
The Ethiopian Airlines-DHL and African Electronic Group have joined forces to take advantage of the new African Continental Free Trade Area (AfCFTA) with a historic parcel shipment service.
Europe
Hackers post stolen documents from Hackney Council
Cyber criminals have posted documents stolen from Hackney Council online. Personal data of council staff and residents were part of the published data.
YouTube reverses TalkRadio ban
YouTube has reversed a decision to ban TalkRadio from its platform after accusing the radio channel of breaking its rules. YouTube said TalkRadio was previously banned for contradicting expert advice on COVID19.
Virgin Media increases broadband prices
Virgin Media has announced it will be increasing broadband, TV, and phone services in 2021. The price increase would range between £30-£54 a year. The company didn’t raise its prices in 2020 due to the coronavirus pandemic.
The Americas
Facebook bans Trump from its platforms
Facebook has banned Donald Trump from its platforms until the transition is complete on January 20. This means he will not be able to make posts on Instagram as well.
WhatsApp and Facebook now sharing user data
Facebook is now forcing WhatsApp users to share their data in order to use the messaging service. Those who don’t want to share their data would have to delete their accounts.
US intelligence accuse Russia of cyber attack
A US intelligence task force has accused Russia of the December cyber attack. The task force believes the attack was meant to gather information. The US treasury was one of the organisations targeted by the hackers.
Asia
China to take measures against US ban of its apps
China has said it would take appropriate measures to protect the rights of apps banned by the United States. The Trump administration banned transactions with eight Chinese apps, including Alipay.
Baidu to build smart EV company
China’s internet company, Baidu, plans to establish an electronic vehicle manufacturing plant. The new company will be a collaboration with automaker Geely.
Chinese internet firms bullying clients with algorithm
The China Consumers Association has accused Chinese web firms of bullying its users into making subscriptions. The companies used algorithms to target users and offer them subscriptions based on their data, violating “law and order and good customs” in China.
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