GHANA’S EDGES CLOSER TO A CASHLESS SOCIETY AS GHIPSS RECORDS 19% INCREASE IN E-TRANSACTIONS
The Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) witnessed an increase in the value of transactions from GH¢174 billion in 2016 to GH¢208 billion in 2017, signifying an impressive 19%...
SAMSUNG TO MAKE ASIC CHIPS FOR CRYPTOCURRENCY MINING
Samsung has confirmed that it has begun manufacturing ASIC chips that can be used to mine cryptocurrency like bitcoin, and ether amongst others.The chips designed for the cryptocurrency mining, is known...
SAN FRANCISCO TO BUILD CITY-WIDE FIBER INTERNET
San Francisco is planning to find network providers to build a city-wide, gigabite fiber internet with consumer privacy protections.The city-wide internet would be an open-access network, allowing multiple Internet Service Providers...
TESLA TO SECURE ADDITIONAL SUPPLIES OF LITHIUM AS GHANA RECENTLY DISCOVERS COMMERCIAL QUANTITIES
Tesla is looking forward to secure additional supplies of lithium from a key source country.It has been reported that it is trying to bring on board the biggest lithium producer in...
EBAY TO SPLIT WITH PAYPAL AS ADYEN TAKES OVER
EBay has announced that it plans to stop using PayPal as its back-end services provider.It said, when their contract expires the online marketplace will switch to a long-term deal with Amsterdam-based...
LINE TO LAUNCH ITS OWN BITCION EXCHANGE
One of the biggest social networks (Line) is planning to launch its own bitcoin exchange that will allow its users to trade digital currencies via their smartphones.Line is said to have...
GOOGLE COMPLETES $1.1B DEAL TO BUY A PART OF HTC’S BUSINESS
Google has announced the completion of its $1.1 billion deal to buy a large part of HTC’s hardware business.The acquisition which was announced back in September 2017 has passed the requisite...
DUISBURG GERMANY AND HUAWEI SIGN MOU TO BUILD SMART CITY
Duisburg Germany has signed a Memo of Understanding(MoU) with Huawei to work together on the smart city development.The MoU was signed by Duisburg Mayor, Sören Link and Wang Yonggang, CFO of...
MTN, ERICSSON SET TO HAVE 5G TECHNOLOGY TRIALS IN AFRICA
MTN and Ericsson signed a memorandum of understanding (MoU) at AfricaCom 2017 to collaborate on the rollout of 5G technologies on the continent, beginning in South Africa. In light of this,...
BILLIONS OF SMART PHONES AND LAPTOPS AFFECTED BY INTEL BUG
Tech companies this week have been working assiduously to help fix the Meltdown and Spectre bugs.It has been reported that billions of smart phones, tablets and laptops have been affected all...
