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Microsoft seeks to bring internet to millions in Africa by satellite
Microsoft seeks to bring internet to millions in Africa by satellite
Business and Economy
by  AFP

Microsoft announced plans Wednesday to bring internet access via satellite to 10 million people, half of them in Africa, as part of efforts to bridge a digital divide with the developing world. The latest effort is part of Microsoft's Airband Initiative, which aims to provide internet access to 250 million people, 100 million of them in Africa, by the end of 2025.

Zara owner's profits rise despite inflation
Zara owner's profits rise despite inflation
Business and Economy
by  AFP

Zara owner Inditex reported Wednesday a jump in profits in the third quarter of its fiscal year despite soaring inflation and the war in Ukraine impacting business costs. The company has seen manufacturing and transport costs rise, along with other businesses impacted by supply chain bottlenecks after Covid lockdowns and Russia's invasion of Ukraine.