Author: Akin Naphtal

Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., and Svante announced that Chevron is the lead investor in Svante’s Series E fundraising round, which raised $318 million that will be used to accelerate the manufacturing of Svante’s carbon capture technology. “We are advancing a full value chain carbon capture, utilization, and storage (CCUS) business and believe Svante is poised to be a leader in enabling carbon capture solutions,” said Chris Powers, vice president of CCUS with CNE. “Innovation is key to enabling these types of breakthrough technologies and lower carbon solutions, and we look forward to applying our…

The US is rapidly ramping up efforts to try to hobble China’s progress in the semiconductor industry – vital for everything from smartphones to weapons of war. In October, Washington announced some of the broadest export controls yet – requiring licences for companies exporting chips to China using US tools or software, no matter where they’re made in the world. READ ALSO: U.S. Announce to widens its ban on military and surveillance tech sales to China Ericsson awarded as a leader in climate performance and reporting Microsoft signs strategic partnership with Viasat to deliver internet access to underserved communities globally…

Ericsson’s global leadership in climate performance and reporting has been recognized by the independent non-profit CDP (formerly known as the Carbon Disclosure Project) by being named in its annual ‘A List’ – the top ranking possible. CDP’s annual climate disclosure and scoring process is widely recognized as the gold standard of corporate reporting. Based on data reported through CDP’s 2022 Climate Change questionnaire, Ericsson is one of over 283 of companies that achieved an ‘A’ out of more than 20,000 companies scored. READ ALSO: Microsoft signs strategic partnership with Viasat to deliver internet access to underserved communities globally Cloudflare Introduces…

In a bid to increase internet availability around the globe, Microsoft and Viasat recently entered into a strategic partnership to help deliver internet access to 10 million people, including 5 million across Africa.Viasat, a global communications company, is the first satellite partner to work with Microsoft’s Airband Initiative, and together they will deepen Airband’s work in the Democratic Republic of the Congo, Nigeria, Guatemala, Mexico, and the United States, as well as prioritize expanding the program to Egypt, Senegal and Angola to deliver much-needed internet connection, often for the first time. This first of its kind global partnership for Airband…

Jaid, a London-based AI workflow startup has secured £3m in seed funding led by UK early-stage software investor Sure Valley Ventures.The startup’s software platform collects data from a business’s internal and external communications. It then organises this data to automate workflows in areas such as sales, client services, payment exception processing and claims administration processing. Customers of its “AI as a service” tools include ClearBank, Legal & General and Syndio. Commenting on the development, Dan Kramer, CEO of Jaid said that, “We are committed to delivering innovative solutions that help our clients harness the power of AI so their teams…

Apple Inc is preparing to allow alternative app stores on its iPhones and iPads in the European Union as soon as late next year to comply with a new European competition law it had fought, Bloomberg News reports. Opening up to outside app stores could present a major threat to Apple’s fast-growing services business, but rivals would first have to surmount the hurdle of convincing consumers to leave the security and simplicity of using Apple’s own store. The magnitude of consequences depends on how the U.S. company complies with additional mandates in the European law, known as the Digital Markets…

Distiller Inc., the leading spirits review and recommendation platform, has released a redesigned mobile app just in time for holiday spirits shopping. The updated app features a sleek new design and a host of highly-requested features, including user-generated flavor profiles and advanced search filters. Distiller Pro subscribers gain access to additional features such as a bottle barcode scanner and flavor search. Speaking on the launch, according to Co-Founder and CEO Mikael Mossberg; “Over the course of the past two years, our small and amazing team has been hard at work designing and building out the new app to be the…

Alianza, has announced its significant investment plans and new product leadership to deliver the world’s best cloud communications experience for service providers. After increasing engineering and development spend by 44% in 2022, Alianza is committing more than $200 million for additional investments in research and development over the next five years. Alianza’s investments will enable service providers with: Alianza’s platform vision and roadmap will benefit from the recently expanded product and design team led by Chief Product Officer Dag Peak. Their primary focus is furthering Alianza’s leadership position in innovative voice, video, messaging, mobile, and other cloud communications offerings that…

China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources said, in a major step towards self sufficiency in chips and to counter U.S. moves aimed at slowing its technological advances. Beijing plans to roll out what will be one of its biggest fiscal incentive packages, allocated over five years, mainly as subsidies and tax credits to bolster semiconductor production and research activities at home, said the sources. READ ALSO: Cloudflare Introduces Project Safekeeping to Provide Zero Trust Security Equinix Plans to Enter South Africa in 2024 with US$160m Datacentre…

DDLS Group, Australasia’s largest provider of corporate ICT and digital skills training, today rebrands to Lumify Group uniting all its training companies under one umbrella. Over the past 30 years, DDLS has significantly expanded its services into new industries and regions. This includes the launch of online learning business, The Australian Institute of ICT (AIICT); the recent acquisitions of Auldhouse, New Zealand’s largest ICT training provider, and Nexacu, Australia’s leading provider of Microsoft end-user training; the opening of a DDLS Philippines campus; and the growth of its business consultancy arm, DDLS People. READ ALSO: Airtel Africa Borrows US$194m to Drive…