Tech News

Those implementing it “did not understand what the maths they had typed in meant”, one expert says. Source: BBC

ispace, one of the startups working on putting a private lunar lander on the Moon sometime in the next few years has raised a $28 million Series B funding round, which will be used to help it continue to develop its commercial lander ahead of planned 2022 and 2023 launches. Read more…

There may be just one daily national bulletin on regular TV in 10 years’ time, Fran Unsworth says. Source: BBC

When people in the US or Europe think of crowdfunding and medical expenses, sites like GoFundMe, where people fundraise around specific predicaments, come to mind. But today comes news of how another approach — a platform based around crowdfunding and mutual aid that pays out when its members fall into Read more…

Riff, a London-based startup developing what it describes as a “voice-first” chat tool for remote working, has raised $1.5 million in seed funding, prior to a full launch next year. Leading the round is Balderton Capital, which is better known for Series A rounds but quite often does seed investments Read more…

The Chinese government is waging war on the eating influencers. Source: BBC

The tech giant reaches the milestone just two years after achieving a $1tn stock market valuation. Source: BBC

Apple stock reaches a big milestone, Facebook Portal gets more work-friendly and Twitter reports progress against hate speech. This is your Daily Crunch for August 19, 2020. The big story: Apple hits $2 trillion market cap Apple’s share price is up around 59% since the beginning of the year, despite Read more…

A Banking Consultant Dr Richmond Atuahene has called for a review of banking laws to curb the issue of bank frauds in the country. He said bank fraud still persist because banks operate on archaic and outmoded laws that do not fit into the current [mordenised] banking system. “A time Read more…

The Convention People’s Party (CPP) has called on government to prosecute people taking advantage of the national fight against the Covid-19 pandemic to ostensibly enrich themselves.  According to a leading member of CPP contesting for the party’s flagbearer slot, Bright Akwetey, the Covid-19 fight was people-centered and taking undue advantage Read more…

The Ghana Real Estate Developers Association (GREDA) says the passage of the Construction Industry Development Authority, (CIDA) bill, will ensure transparency in the construction industry and clear the industry of unprofessionalism. Executive Director of GREDA, Samuel Amegayibor told Joy Business, that the coming into force of the CIDA bill will Read more…

The Ghana Real Estate Developers Association has bemoaned the unwillingness of successive governments to establish a National Housing Authority, despite the establishment of a National Housing Policy in 2015. A National Housing Authority (NHA) will provide room for low and middle-income earners to own houses in the country.  Executive Director Read more…

According to the General Manager of defunct GN Savings and Loans, Kofi Asamoah Siaw, the harsh increase in the minimum capital requirement of banks has been described as the main reason behind the collapse of banks in the country. The jump in capital requirement from ¢120 million to ¢400 million Read more…

A Banking Consultant has blamed the incessant increase of bank frauds in the country on the failure of banks to employ persons with integrity. Dr Richmond Atuahene said banks are losing huge sums of money to fraudsters because they do not employ persons with integrity. “The fact is that we’re Read more…

The Railways Minister says the Akufo-Addo government is the only administration to have extensively carried out projects to transform the railways’ sector of the country. Joe Ghartey in an interview with Joy News’ Latif Idrissu, noted that the governing New Patriotic Party (NPP) inherited a decline in the rails sector Read more…

Adom TV’s Sister Sandy has been crowned the Personality of the Year at the just ended Scream Awards held in Nigeria. The entertainment journalist beat nine others including Hitz FM’s Doreen Avio and Nigerian actress Nancy Isime to win the award. View this post on Instagram A post shared by Read more…

Banks profit for the first half of this year went up by about 15.5% to ¢1.9 billion. However, the earnings is lower than the 36.3% growth registered during the same period last year.  According to the latest Banking Sector Report, the decline in profit levels was mainly due to sharp Read more…

In a turn of fortune, Airbnb today announced that it has filed to go public, albeit confidentially. The move puts the home-sharing service on a path to a public offering sooner rather than later, and comes after reports that the company was prepping an IPO filing this month. Those same Read more…