Wednesday: Police raid on Worldcoin warehouse, competition different in South Africa

Last week, authorities in Kenya banned cryptocurrency project Worldcoin from further iris scans. A few days later, the Kenyan police stormed a Worldcoin warehouse in the capital Nairobo and confiscated several devices. South Africa has new rules for online platforms like Google, Apple and Uber Eats. The competition authority wants to promote South African companies, especially black ones. Amazon wants to buy a stake in the chip designer ARM. And China has hacked Japan’s military – the most important reports in a nutshell.

Advertisement

Amazon.com is preparing to acquire a sizeable block of shares in the processor developer before ARM’s IPO. Since Amazon uses ARM chip designs itself, a stake could be an inoculation against rising licensing costs. Amazon.com wants to get involved with ARM

Trouble for Worldcoin in Kenya continues. Last week, the government of the East African country suspended the operations of cryptocurrency service Worldcoin in Kenya, citing security concerns. Kenya banned the company from further iris scans and collecting biometric data from volunteers. The Communications Ministry announced that several authorities would scrutinize Worldcoin. That seems to be happening now. Kenyan police raided a Worldcoin warehouse in Nairobi and confiscated several devices to analyze their data. Police storm Worldcoin warehouse in Nairobi

We stay in Africa: New times are coming to online platforms in South Africa. Apple, Google, booking.com, Uber Eats and others are said to be remodeling the structure of their offers and in some cases even the company itself. Because large online platforms distort or impede competition in numerous other sectors, South Africa’s competition authority found. She would like to give South African companies, and in particular black companies, better competitive opportunities in the future and is making recommendations to the government. Leading competition differently: South Africa puts Google, Apple & Co on the curb

As early as autumn 2020, the US foreign intelligence service NSA made the alarming discovery that the Chinese military had gained access to the most secret networks of the Japanese Ministry of Defense years ago. China People’s Liberation Army hackers have deep and persistent access through which they seek to steal anything they can get their hands on, they said. They were concerned with plans, capabilities and assessments of military inadequacies. Japan, however, failed to respond adequately for a long time. ‘Bad, shockingly bad’: China hacked Japan’s military

It’s now official: The world’s largest chip manufacturer, TSMC from Taiwan, is building its first European semiconductor plant in Dresden. The production facility is expected to cost a good ten billion euros. TSMC itself wants to invest a maximum of 3.5 billion euros. Funding of five billion euros is expected from the federal government. TSMC is founding the joint venture ESMC with Bosch, Infineon and NXP for the plant, the start of construction of which is scheduled for the end of 2024. And the chip production is more modern than previously assumed. TSMC comes to Germany as ESMC

The Californian company Proterra is one of the leading manufacturers of electric buses for local public transport. Proterra also supplies batteries and charging stations for heavy vehicles. Since 2010, Proterra has been trying to convince public transport operators that e-buses are the future. By the end of March this year, Proterra had delivered over 1050 electric buses. However, the company also has more than 5,000 creditors to whom it owes a total of between half a billion and a billion dollars. Now Proterra is insolvent. For the time being, however, operations will continue. E-bus manufacturer Proterra is insolvent

Advertisement

Also important:

(noun)

Go to home page
#Wednesday #Police #raid #Worldcoin #warehouse #competition #South #Africa