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The advisory group reviewing Facebook and Instagram’s content moderation decisions issued its first annual report Wednesday, capping off its first year in operation. The Oversight Board apparently received over one million appeals from Facebook and Instagram users in 2021. Most of those reque…

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In all-hands Twitter call, Elon Musk fields questions about free speech and bots

As Elon Musk addressed Twitter employees for the first time in an all-hands Q&A meeting, the Tesla and SpaceX CEO provided some more details about his plans for the social platform. When Musk first announced his bid to buy Twitter for $44 billion, he proposed the idea of “authenticating a…

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Able.ai exits stealth with $20M to help big lenders speed up making high-value loans

Large banks are stepping up their game when it comes to new services and the technology that underpins them, and in many cases they are borrowing straight from the tech world’s playbook: Instead of building in-house, to speed things up, they are tapping third parties that have already found a…

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Nigeria’s internet regulator releases draft to regulate Twitter, Facebook, TikTok and others

Nigeria has announced plans to regulate internet companies like Twitter, Facebook, WhatsApp, Instagram (all owned by Meta), Google and TikTok in a draft shared by the country’s internet regulator.  This information, released by the National Information Technology Development Agency (NITDA) on Monda…

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American Express announces its first US crypto rewards credit card

The credit card giant is launching its crypto offering following similar launches from competitors MasterCard and Visa.

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Amazon gets into AR shopping with launch of ‘Virtual Try-On for Shoes’

Amazon is tapping into augmented reality in an attempt to appeal to sneakerheads shopping its site. The retailer this morning announced a new feature called Virtual Try-On for Shoes that will allow customers to visualize how a pair of new shoes will look on themselves from multiple angles using the…

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Shield AI raises $165M at a $2.3B valuation to fuel development of its military autonomous flying systems

Technology built with defense in mind is getting some significant and serious traction at the moment, spurred by world events, advances in technology, and a growing appetite from end users to invest in more innovative ways to protect themselves. In the latest development, Shield AI — which ma…

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Costa Rica’s public health system hit by Hive ransomware following Conti attacks

Costa Rica’s public health service, known as the Costa Rican Social Security Fund (CCSS), has been forced to take its systems offline after being hit by Hive ransomware. In a statement on Twitter, the CCSS said the attack started early on Tuesday morning and that an investigation was being conducte…

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US Energy Secretary Jennifer Granholm will speak at TC Sessions: Climate

It’s hard to believe that, despite a scientific consensus and mountains of verified evidence, climate change has become a global political football. And yet here we are.  All the innovative climate tech in the world — both current and emerging — is not enough to turn the rising climate-crisis tide …

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Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear

Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi, an AR optical tech company and current Walmart partner offering virtual try-on experience for eyewear. Deal terms were not disclosed, but Memomi has enabled dig…

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Venture studio Adanian Labs fuels startup growth in Africa

The venture studio targets to help build 300 next-generation startups over the next five years.

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