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Amazon Web Services (AWS) plans $8.4 billion cloud investment in Germany says Reuters

Amazon Web Services (AWS) plans $8.4 billion cloud investment in Germany says Reuters

Amazon Web Services (AWS) said on Wednesday it plans to invest 7.8 billion euros ($8.44 billion) in Germany through 2040 as it builds a cloud computing infrastructure specifically for Europe. AWS last year announced plans to store data on servers located in the European Union to protect data privacy for government and customers in highly regulated industries. The...

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UK media regulator ask tech firms to ‘tame algorithms’ to protect children

UK media regulator ask tech firms to ‘tame algorithms’ to protect children

Social media platforms like Facebook, Instagram and TikTok will have to “tame” their algorithms to filter out or downgrade harmful material to help protect children under proposed British measures published on Wednesday. The plan by regulator Ofcom is one of more than 40 practical steps tech companies will need to implement under Britain’s Online Safety...

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Paramount Global replace CEO Bob Bakish with a trio of executives

Paramount Global replace CEO Bob Bakish with a trio of executives

Paramount Global replaced CEO Bob Bakish with a trio of executives, the company announced on Monday in the middle of talks with David Ellison’s Skydance Media about a possible merger. The owner of the Paramount+ streaming service, the Paramount Pictures movie studio and cable networks including MTV, BET and Showtime announced the change just ahead...

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Spotify CEO Ek Cashes in on Streaming Giant’s 267% Stock Rebound says Bloomberg

Spotify CEO Ek Cashes in on Streaming Giant’s 267% Stock Rebound says Bloomberg

Spotify Technology SA co-founder Daniel Ek is pocketing gains from the audio-streaming giant’s stock rebound while increasingly building up his investments outside the company. Ek has filed to sell 650,000 shares of the Swedish firm in recent months through two separate transactions. That’s the first time he’s unloaded stock more than once at this stage of the year...

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Ferrari and HP announces a historic, multi-year deal title partnership

Ferrari and HP announces a historic, multi-year deal title partnership

Ferrari has signed a multi-year partnership deal with HP ahead of the upcoming Miami Grand Prix from May 3-5. The tech giant will become a headline sponsor of the racing team, unfortunately, the financial details were not revealed. Ferrari said they’re uniting heritage and purpose for a bigger impact: “HP and Ferrari are committed to...

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NBA delivers increased Viewership and Engagement in Africa during 2023-24 Season

NBA delivers increased Viewership and Engagement in Africa during 2023-24 Season

Africans love and appreciate the game of basketball, NBA Africa announced that the 2023-24 regular season delivered increased television viewership in Africa. The company says they also increased engagement across the league’s localised social media accounts on the continent.  Here’s the key highlights from NBA Africa:) Live Game Viewership NBA Africa Social Media Merchandise Digital Platforms NBA...

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Tarsus Distribution and iiDENTIFii join forces to enhance biometric security across Africa

Tarsus Distribution and iiDENTIFii join forces to enhance biometric security across Africa

Tarsus Distribution has signed a distribution agreement with iiDENTIFii, a Cape Town-based innovator in biometric technology. The partnership brings the latest in identity verification solutions to the African continent. As a leading provider of integrated information and communications technology (ICT) solutions in Africa, Tarsus Distribution is excited about the partnership’s potential to significantly enhance identity...

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Strategies for Brands to Maximise their Conversational AI Investments

Strategies for Brands to Maximise their Conversational AI Investments

First-generation bots are a thing of the past. It is time for the virtual agent to perform sophisticated actions — like checking on the status of an order, changing a delivery address, and more — to fully automate complex processes end-to-end. Automation has become a crucial asset in alleviating the workload and enhancing the availability...

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EPF Tech Fund CEO Joanna Govender nominated for Africa women in development award

EPF Tech Fund CEO Joanna Govender nominated for Africa women in development award

South African executive Joanna Jacqueline Govender, CEO of EPF Tech Fund and Empire Partner Foundation, has been named one of the top 50 Africans driving the continent’s development by assisting entrepreneurs. Govender is representing South Africa among 1700 nominees from 34 African countries for the African Women in Development Award (AIWD) by the Donors for...

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