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News
TikTok withheld a safety fix from millions, document shows
1+ hour, 15+ min ago (748+ words) A confidential internal document, reported by Bloomberg, shows that TikTok kept a safety change from 10% of US users, about 15 million people, to measure the effect on engagement. According to the document, the control group included a 16-year-old who was fed…...
Stables and Access Bank South Africa explore new cross-border payment infrastructure
1+ day, 3+ hour ago (312+ words) Australian fintech Stables is the latest company looking to capitalize on that opportunity. Stables has announced a collaboration with Access Bank South Africa to explore new payment infrastructure designed to improve how businesses move money across borders. Rather than launching…...
Angola raises $321m in biggest-ever IPO with Unitel float
1+ week, 1+ day ago (846+ words) The Unitel listing is the largest IPO in Angolan history and the flagship test of President Lourenco’s privatisation programme. TL;DRAngola raised about $321 million selling a 15% stake in Unitel, its largest mobile operator, in the country’s biggest ever IPO. The…...
Bolt partners with China's Dongfeng to launch EV ride-hailing fleet in South Africa
2+ mon, 3+ week ago (291+ words) Bolt, which claims 50%+ market share in South Africa after investing $180M, will offer Dongfeng's Box and 007 electric vehicles to riders in Cape Town as fuel costs rise....
South Africa withdraws national AI policy after at least 6 of 67 academic citations found to be AI-generated hallucinations
3+ mon, 6+ day ago (783+ words) South Africa pulled its draft AI policy after News24 found fake citations in real journals. Minister Malatsi called it an "unacceptable lapse." The policy meant to govern AI was undermined by it....