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News

Technology is redefining how things are done: Dr. Patrick Saidu Conteh
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15 February, 2024

Technology is redefining how things are done: Dr. Patrick Saidu Conteh

Dr. Patrick Saidu Conteh remarked that technology cuts across boundaries and shared his insights about the Digital Pilipinas Festival 2023...
Bank of Canada: CBDC with nationwide service locations will slice 12% of bank deposits
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15 February, 2024

Bank of Canada: CBDC with nationwide service locations will slice 12% of bank deposits

The central bank dismissed fears that a CBDC would disintermediate banks as the extra services they offer, like mortgages and...
Developing grassroots innovation in the Philippines: A Digital Pilipinas Festival 2023 discussion
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15 February, 2024

Developing grassroots innovation in the Philippines: A Digital Pilipinas Festival 2023 discussion

At the Digital Pilipinas Festival 2023, four foreign investors weighed the Philippines' attractiveness for foreign investments and what sets the...
China’s BTC miners flock to Ethiopia for cheap power, ideal climate
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15 February, 2024

China’s BTC miners flock to Ethiopia for cheap power, ideal climate

Ethiopia is close to completing the construction of Africa’s largest dam, making power cheaper than ever, and Chinese miners are...
Kenya’s IT industry rejects robotics and AI bill
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14 February, 2024

Kenya’s IT industry rejects robotics and AI bill

Stakeholders in the sector claim that the bill is quick to impose taxes and creates extra bureaucracy without any meaningful...
Google pledges $26 million for AI training initiative in Europe
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14 February, 2024

Google pledges $26 million for AI training initiative in Europe

Half the funds in the AI Opportunity Initiative will go toward upskilling European workers, as the rest goes to supporting...
Changpeng Zhao’s sentencing delayed as Binance named in October 7 terror suit
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14 February, 2024

Changpeng Zhao’s sentencing delayed as Binance named in October 7 terror suit

Changpeng Zhao will find out his prison term on April 30 following the decision of the judge to delay his...
Bitcoin Spaces: ‘The future of live audio spaces’
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14 February, 2024

Bitcoin Spaces: ‘The future of live audio spaces’

Bitcoin Spaces, dubbed "The Future of Live Audio Spaces," aims to initiate an early testing by the end of Q1...
Philippines eyes wholesale CBDC in 2 years; retail version out of the picture
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14 February, 2024

Philippines eyes wholesale CBDC in 2 years; retail version out of the picture

The Philippine central bank said it would not develop a retail central bank digital currency, and the wholesale CBDC will...
India expands CBDC project; plans programmability, offline use
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14 February, 2024

India expands CBDC project; plans programmability, offline use

In its monetary policy statement of 2024, the Reserve Bank of India revealed that it is looking to enable additional...
Huawei researchers propose ’embodied AI’ as next big leap for the tech
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14 February, 2024

Huawei researchers propose ’embodied AI’ as next big leap for the tech

Giving AI a body capable of interacting with its surroundings will offer several benefits, such as achieving general intelligence, according...
Homeland Security data for AI models may not be reliable, GAO finds
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13 February, 2024

Homeland Security data for AI models may not be reliable, GAO finds

A study conducted by GAO shows that some AI use cases were mischaracterized, proceeding to issue eight recommendations to remedy...