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Home Blog Page 5066

FCC Commissioner Demands Apple and Google Remove TikTok from App Stores

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Days after the news that TikTok’s Chinese employees have access to the data of U.S. users, a fresh move to stop the high-flying short-form video app has started.

On Tuesday, a leader of the U.S. Federal Communications Commission, Brendan Carr, shared a letter dated June 24, where he asked both Apple and Google to remove TikTok from their app stores over concerns that China is using it harvest private data of Americans.

“TikTok is not what it appears to be on the surface. It is not just an app for sharing funny videos or meme. That’s the sheep’s clothing,” he said in the letter. “At its core, TikTok functions as a sophisticated surveillance tool that harvests extensive amounts of personal and sensitive data.”

TikTok’s unending troubles in the U.S. stems from its ownership by Chinese company ByteDance. The app came under intense scrutiny under former president Donald Trump, who wanted it banned in the U.S. to prevent national security breach.

Carr’s letter, which he shared via Twitter to Apple CEO Tim Cook and Alphabet CEO Sundar Pichai, referenced a recent BuzzFeed report that TikTok’s engineers in China accessed U.S. data between September 2021 and January 2022. The letter also pointed to reports that TikTok is non-compliant with Google and Apple stores policies, asking the CEOs to remove the app or provide statement to him latest July 8.

Carr who was nominated by Trump in 2018 to a five-year term with the FCC, demanded that the statements should explain “the basis for your company’s conclusion that the surreptitious access of private and sensitive U.S. user data by persons located in Beijing, coupled with TikTok’s pattern of misleading representations and conduct, does not run afoul of any of your app store policies.”

TikTok’s U.S. ordeal, which seemed to have been laid to rest after Trump’s executive order to ban it failed, is once again resuscitated by the BuzzFeed report. Trump’s successor, President Joe Biden rescinded most of the orders targeting the operation of Chinese apps in the United States.

Though Washington is yet to react to the development, the move by the FCC signals a fresh government’s interest in TikTok’s U.S. operation that may escalate to wider scrutiny once again.

TikTok said in response to BuzzFeed report that given how the app is scrutinized, it is working to remove every doubt that U.S. consumers’ data is accessed by the Chinese government.

“We know we’re among the most scrutinized platforms from a security standpoint, and we aim to remove any doubt about the security of US user data. That’s why we hire experts in their fields, continually work to validate our security standards, and bring in reputable, independent third parties to test our defenses,” it said.

TikTok said part of the steps it’s taking to protect users’ data is to reroute all of U.S. user traffic to Oracle Cloud Infrastructure.

“We’ve now reached a significant milestone in that work: we’ve changed the default storage location of US user data. Today, 100% of US user traffic is being routed to Oracle Cloud Infrastructure. We still use our US and Singapore data centers for backup, but as we continue our work we expect to delete US users’ private data from our own data centers and fully pivot to Oracle cloud servers located in the US,” it said.

Both Cook and Pichai are yet to respond to Carr’s demands.

Project Engineer/Manager as Orchestra Conductor – Engr Dr Chisom Ezeocha

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We have a new course in Tekedia Institute. The faculty is my undergraduate classmate in Federal University of Technology Owerri (FUTO), Engr Dr Chisom Ezeocha; a Project Delivery Manager at Shell.

Dr Ezeocha has managed global technical teams around the world. He served as the Head of Offshore Field Engineering for 6 years in Brunei Shell Petroleum. That is the zenith of technical engineering management since you are managing assets worth $$billions. In other words, no excuses because every hour counts for the bottomline!

Dr. Ezeocha developed a novel team management methodology which he refined during his doctoral program. He has taught that model already in our Institute. Recently, we reached again to him – to educate us on how he manages complex big dollar projects.

In his usual amazing brilliance, on simplifying complex things (we were roommates), he dropped a few words: great project managers are like orchestra conductors. And that was it – the course is titled “Project Engineer/Manager as Orchestra Conductor”. Plan to attend it!

Tekedia Capital Portfolio Startup Raises $$millions

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Fund, money cash dollar

This week is coming out super-amazing. One of Tekedia Capital portfolio startups has raised $$millions. Official press release is coming. This company has moved to OurPerform V2 in our tracking. The team has been excellent on operational execution.

This firm promises to become a significant part of Africa’s digital economy. So proud of all Tekedia Capital Syndicate members for joining us in taking risks in these amazing young men and women, as they create companies of the future to fix frictions in African markets.

Learn how we discover them and explore if you can join us – the next investment cycle is coming. Join here.

FirstCheck, Female-Focused Venture Capital Firm, Secures $2m Commitment from TLcom Capital

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FirstCheck Africa, a Nigeria-based female-focused venture capital firm, has secured a $2 million commitment from TLcom Capital, an Africa-focused Venture capital firm, the company has announced.

In addition, FirstCheck also announced that Eloho Omame, one of its founders, has joined TLcom Capital as a Partner, adding to her existing day-to-day role as Co-Managing Partner at FirstCheck Africa.

FirstCheck said the commitment, which adds to its $10 million debut, takes its single pool of capital to $12 million – and it will be invested in backing high-growth, technology-driven startups led by females.

With the available capital, FirstCheck Africa said it will invest up to $250k as high conviction first checks into early-stage rounds for female-led startups.

“We remain sector-agnostic and focused on technology-enabled companies that are solving important problems in large markets. Our strategy is to invest in female-led companies with category-leadership potential while throwing the weight of FirstCheck Africa’s networks and platform behind the founders that will be the next generation of entrepreneurial role models for Africa,” the firm said.

Female-led startups struggle to get financial backing in the African tech ecosystem, a gap that motivated Eloho Omame, founding Managing Director of Endeavor Nigeria and Odunayo Eweniyi, COO and co-founder of PiggyVest, to launch FirstCheck in 2021. In the last 18 months, FirstCheck Africa has invested in 10 female-led startups in four countries, boosting its portfolio that started with personal commitments of $25,000 investment each in six female-led companies.

The venture capital firm said its portfolio companies have been accepted into three global accelerators (including Y Combinator), and a number have raised sizeable follow-on rounds, with FirstCheck Africa as the first or second institutional investor on their cap tables.

It said its Africa’s mission is to advance equity, capital and leadership for a generation of women in Africa through technology and entrepreneurship.

“We will continue to focus on making it easier for ambitious African women to raise early-stage venture capital by writing checks, being female-led companies’ earliest believers and building our platform to attract resources to accelerate their efforts,” the firm said.

Female-focused startups have seen an uptick in investment recently due to the strategy of venture capital firms like FirstCheck. The company said there’s been a significant jump from three years ago, when just 5 female-led companies in Africa raised $1mn or more in early-stage rounds.

“Last year, the number was 33, and so far this year, we count 19, including 6 companies this month, of which FirstCheck Africa is an investor in 3. We’re quickly becoming the preferred early-stage investor for female founders building venture-scale companies, and we are proud to be building an investment firm with their needs in mind,” it said.

Though the gap is gradually being bridged, there is still a lot more to do. The African tech ecosystem is still saturated with early-stage female-led companies in need of capital. This, FirstCheck said it’s working to change with its mission-oriented early-stage, female-focused fund.

“We’re a small fund with big ambitions, and we’ve designed our portfolio strategy with our founders’ needs in mind. Access to capital is a primary and complex challenge for female-led companies. As a mission-oriented early-stage, female-focused fund, it’s critical for like FirstCheck Africa to invest meaningful capital to give the young companies in our portfolio sufficient runway to focus on traction and pursue disciplined fundraises when the time comes.

“We’ve constructed our debut fund’s portfolio to make targeted investments at pre-seed, keep the capacity to make follow-on investments when the most promising of those companies are ready for seed capital, and retain the flexibility to invest in some companies at the seed stage, where a female-led company might have already raised an institutional round,” the firm said.

Airbnb Makes Permanent Ban of Parties in Apartments

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American company that operates homestays for vacation, rental, and tourism activities, Airbnb has recently disclosed its plan to make permanent the ban of parties in their apartments, after it noticed a sharp drop in reports of unauthorized gatherings since the prohibition was put in place in August 2020.

The company disclosed how it witnessed a 44% year-after-year drop in the rate of party reports since implementing the policy. Recall that due to the covid-19 pandemic, to curb the spread of the virus, the San Francisco-based company had to introduce and extend the party ban on its apartments.

Currently, the company now intends to place a permanent ban on parties as the summer season begins. The company also disclosed its plans to remove its 16-person limit, allowing larger homes listed on the platform to be booked to full occupancy.

Airbnb has gone ahead to update its policies, by removing the event-friendly search filter, and parties and events allowed which they disclosed will remain inaccessible.

Guest who have been reported for throwing a party that violates their rules, Airbnb will not hesitate to remove them from their platform. The company has also strengthened its rules around parties, by developing sensitive detection technologies that will put to a halt disruptive parties before they commence.

All these rules aforementioned have been put out by Airbnb to avoid guests from being a nuisance in the neighborhood. The company has so far suspended the accounts of about 6,600 guests for violating its party ban.

Although the party ban does not totally ban parties from happening in the apartments, rather the company disclosed that it is only placing a ban on open parties that tend to be noisy which constitutes a lot of nuisance to the neighborhood.

However, Airbnb will allow hosts to hold limited less noisy parties like baby showers, bridal showers, family gatherings, etc. While it’s natural to unwind and have fun at the apartments, when loud music, noise, drugs, etc enter the picture, it automatically goes against the rule which the company disclosed that it won’t tolerate.

Airbnb also disclosed that the reason why it had to enforce these rules, was that some unscrupulous people chose to take bar and club behavior to these apartments, forgetting that the settings are different.

The company is no doubt going hard on these rules, as they have teamed up with Vrbo, another American vacation rental online marketplace to combat house party offenders.

Both companies will be working together to address the issue of disruptive parties in their apartments. Airbnb disclosed that they alone can’t solve the problem, as it requires an industry-related effort.

Airbnb and Vrbo have also urged other short-term rental companies to partner with them to curb the menace of noisy house parties.

This is a good step taken by Airbnb, as so-called disruptive house parties have long been a problem for short-term rental companies. They cause so much noise and nuisance to the neighborhood and even pose serious problems to the environment like violence, damage of properties, and non-compliance with safety standards.

Airbnb has known that if such disruptive parties continue, as well as the incessant complaints from neighbors, the government might be forced to step in which can lead to the sealing up of apartments, which will affect the company’s revenue.