Technology
“Not intended to punish or stifle MTN”: National Communications Authority responds to outrage over data costs
The NCA defended its management of the telecommunication sector amid concerns over data costs, stability and constraints put on telco giant MTN Ghana.
All eyes on AI to drive Big Tech earnings
Over the next two weeks, the quarterly results of Big Tech giants will offer a glimpse on the bankability of artificial intelligence and whether the major investments AI requires are sustainable for the long haul.
Conspiracy theories take off after global IT crash
From fearmongering about a looming "World War III" to false narratives linking a cabal of global elite to a cyberattack, a torrent of online conspiracy theories took off Friday after a major IT crash.
CrowdStrike crash raises questions about tech dependency
Catastrophic computer outages caused by a software update from one company have once again exposed the dangers of global technological dependence on a handful of players, experts warned on Friday.
Air passengers 'in limbo' as global IT crash grounds flights
Travellers faced sleeping overnight at the airport or giving up and taking to the road for an arduous journey instead, as Friday's worldwide IT breakdown caused chaos and left air passengers around the world "in limbo". "I haven't seen her in a while,"he sighed dejectedly, complaining that he was left "in limbo" by not knowing if his flight would take off.
'Large-scale' IT outage hits companies worldwide
A major outage wrought havoc on global computer systems on Friday, grounding flights in the United States, derailing television broadcasts in the UK and impacting telecommunications in Australia. Sky News in the UK said the glitch had ended its morning news broadcasts, while Australian broadcaster ABC similarly reported a major "outage".
Australia, New Zealand hit by large-scale technical outage
A large-scale outage wrought havoc on IT systems across Australia and New Zealand on Friday, causing travel delays, hampering television broadcasts, and forcing supermarket systems offline. Australia national broadcaster ABC said its systems had been crippled by a "major" glitch, derailing some television and radio broadcasts.
Netflix wins subscribers as ad strategy pays off
Netflix on Thursday said it added eight million new subscribers in the second quarter, as the home of hit shows "The Crown" and "Bridgerton" posted its latest financial earnings that exceeded analyst expectations. A renewed warning on Thursday that the results could be lower than expected in the current quarter sent Netflix shares lower in after hours trading.
Taiwan's TSMC second-quarter net profit jumps on Gen AI demand
Taiwan chip giant TSMC said Thursday net profit jumped by more than a third in the second quarter of 2024, buoyed by global demand for generative artificial intelligence products. "Moving into third quarter 2024, we expect our business to be supported by strong smartphone and AI-related demand for our leading-edge process technologies."
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