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Million-dollar blockchain projects have finally come to Africa

The potential use cases of blockchain technology largely complement Africa’s efforts to address its socioeconomic challenges, but the funds to create solutions have been hard to come by in pre-pandemic times.But a report published recently by Swiss venture capital firm VC CV  in partnership with Standard Bank shows that millions of dollars have started...

Redbox is the dumbest meme stock yet

Just outside the doors of my local CVS, along an industrial road in Ann Arbor, Michigan, there’s a Redbox. I only ever notice it at night when its red glow stands out against the darkness on Michigan nights when I walk into the convenience store to pick up Advil and a pack of Oreos. I’ve never seen anyone use it.I’m not alone. The DVD vending machine...

CoinSwitch is making a plea at Davos for crypto clarity from India

Foreign investors are increasingly put off by regulatory hurdles, particularly involving payment solutions, in India’s cryptocurrency sector. This has now prompted stakeholders to take up the issue at the ongoing annual World Economic Forum (WEF) meeting in Davos, Switzerland.India must end the uncertainty and protect investors, Ashish Singhal, CEO...

Broadcom is on an M&A spree despite recent regulatory crackdowns

The chipmaker Broadcom is reportedly eyeing one of the biggest tech acquisitions on record. The target is the software firm VMware, which makes tools that help cloud computers run more efficiently. The companies are expected to announce the deal, which could be worth more than $50 billion, by Thursday.If successful, it will be Broadcom’s third multibillion-dollar...

Boeing’s Starliner is close to breaking SpaceX’s astronaut monopoly

The US wanted two redundant ways to get astronauts into space, and it now it nearly has them after an uncrewed Boeing Starliner arrived at the International Space Station over the weekend.The second privately owned spacecraft built through the commercial crew program after SpaceX’s Dragon, Boeing’s Starliner promises to expand both NASA’s scientific...

Five telltale signs you need a ‘chief remote officer’

When Darren Murph created his “head of remote” role at the software maker Gitlab in 2019, he couldn’t have known how quickly the idea would catch on. Or why.By the end of the first year of the pandemic, with knowledge workers everywhere getting used to the idea of working from home at least part of the week, and possibly forever, companies like Meta...

A detailed timeline of Elon Musk buying Twitter

On May 17, Twitter filed new documents with the US Securities and Exchange Commission, which included a detailed timeline of its sale to Elon Musk. This history, a retrospective by Twitter’s lawyers, shows how each side operated during deliberations that hardly seemed likely until the deal was announced on April 25.The disclosures show Twitter carefully...

The US military can’t explain everything

The US military’s investigation into unexplained aerial sightings continues without major revelations, two officials said at a public hearing today, but they urged pilots to report the weird things they may see without fear of stigma.After videos and accounts of unidentified aerial phenomena observed by US military pilots were reported by the New York...

A rocket-builder’s SPAC cash is rehabbing a defunct Navy base

As the stock price of tech companies plunges, cash that flowed to SPACs and meme stocks has been vaporized, or landed in the pockets of banks and big name sponsors. But some of it has washed up on the shores of the San Francisco Bay.Astra Space, a company that designs and builds small rockets and satellites, has set up headquarters in a former Naval...

Google and PayPal are hiding most of their carbon footprint in their bank accounts

When companies calculate their carbon footprint, they start with their own operations: electricity used in offices or factories, or gas for company vehicles. Then they look upstream at their supply chain, and downstream at emissions produced when customers use their products. But that approach leaves out a source of emissions that, for some companies,...

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