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Home Blog Page 6260

TikTok Plans to Move Headquarters from China to Ease Security Concerns

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As TikTok struggles to stay alive continue, the parent company ByteDance is considering taking some drastic measures to ameliorate the hits emanating from the paranoia that TikTok poses a security threat.

Senior executives of the company are having talks on how to create a new management board for TikTok, or establish headquarters for the app outside China, to distance it from troubles.

“As we consider the best path forward, ByteDance is evaluating changes to the corporate structure of its TikTok business. We remain fully committed to protecting our users’ privacy and security as we build a platform that inspires creativity and brings joy for hundreds of millions of people around the world,” TikTok told ET in a statement

Last week, India listed TikTok among 59 apps banned in the country in response to the escalated border conflict between India and China. Following the concern raised by the United States, India warily implemented a ban on the video app citing national security.

On Monday the US Secretary of States, Mike Pompeo said the United States is looking at banning some apps including TikTok. Pompeo said the US government is seriously considering the move to ban TikTok among other Chinese apps.

“With respect to Chinese apps on people’s cell phones, I can assure you the United States will get this one right too,” Pompeo said to Fox News Laura Ingraham. “I don’t want to get out in front of the president, but it’s something we’re looking at.”

Monday’s statement followed a series of other attempts by the United States government to kick TiKTok out of the country. The fear has been that the Chinese Communist Party would have access to users’ data giving the censorship laws of the Chinese government.

TikTok’s many attempts to distance itself from the perceived ties with China have done nothing to change the situation. In response to Pompeo’s statement on Monday, the app’s spokesperson said the company’s priority is to promote a safe experience for users and not provide data for the Chinese government.

“TikTok is led by an American CEO, with hundreds of employees and key leaders across safety, security, product, and public policy here in the US. We have no higher priority than promoting a safe and secure app experience for our users. We have never provided user data to the Chinese government, nor would we do so if asked.”

The Chinese app has repeatedly stated that it operates separately from the Beijing-based parent company, ByteDance, and none of its data is subject to Chinese law because its data center is in the United States with a backup in Singapore.

But about two weeks ago, TikTok was caught spying on users by Apple’s iOS 14’s beta version, which sends notifications to users whenever an app is found accessing users data. Though TikTok said it was triggered by a feature designed to identify repetitive, spammy behavior, and promised to protect users’ privacy and remain transparent about how the app works, the incident seems to have confirmed the fears of many.

On Friday, Amazon banned and unbanned the TikTok sharing app from employee mobile devices, though it was said to be a mistake and was handled when the representatives of the two companies met. However, earlier this week, Wells Fargo sent a letter to its employees directing them to remove TikTok from their devices.

“Due to concerns about TikTok’s privacy and security controls and practices, and because corporate-owned devices should be used for company business only, we have directed those employees to remove the app from their devices,” a statement from Wells Fago said.

These actions by companies have followed several governments’ move to ban TikTok. On Friday, the Republican National Committee sent an email to its members asking them not to download TikTok. The Democratic National Committee (DNC) also reiterated its guidance to members from December, asking them not download the app.

In March, two Republican senators introduced a bill aimed at banning federal workers from using TikTok on government-issued phones. Last year, the United States Navy banned TikTok from government-issued mobile devices citing cybersecurity threats.

Last November, the US government launched a national security review of TikTok owner Beijing ByteDance Technology’s $1 billion acquisition of social media app Musical.ly.

All these have been based on TikTok’s relationship with China. And for an app whose only crime is having a Chinese origin, it’s time to change the status quo.

ByteDance is taking steps to shift its center of power from china, as a way to address the concerns over its Chinese ownership, and to put an end to many of its security and privacy questions.

Should Our Children Sit for 2020 WAEC or Not?

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Nigeria was thrown into confusion on Wednesday, 8th July, 2020, when the Minister of Education, Adamu Adamu, announced the suspension of the reopening of schools. The Minister further stated that Nigerian students will not participate in the West African Senior School Certificate Examination (WASSCE) that was scheduled to start on 4th August and end on 5th September, 2020. Adamu Adamu passed the information to Nigerians after the Federal Executive Council (FEC) meeting on that day.

Nigerians were surprised about this sudden change in the reopening of schools because it came barely a week after that same federal government (FG) announced the approval for gradual schools resumption. The sudden u-turn of the FG made it look like there is no synergy between the different sectors of the government.

The sudden change in the decision of the FG to reopen schools not only disorganised schools administrators, students, parents and teachers, who were putting things in place for resumption, but also made it obvious that Nigerian students will miss the 2020 WASSCE. In fact, the Minister of Education revealed that Nigerian students will not be allowed to participate in the exam, claiming that WAEC is not in a position to determine when Nigerian schools will reopen. This is true anyway, considering that WAEC is just an exam body and not the FG.

But then, it seems that the FG did not consider the effect the suspension of school reopening will have on SS 3 students. This is because the Minister did not state whether the students, who have registered for 2020 WASSCE, will be refunded or allowed to defer their exams. However, it is obvious that these students will miss out in the exam because the Minister further said that it is better for Nigerian students to lose an academic year than to be exposed to the virus.

It may be easier for a Minister, who may not understand how difficult it is for many parents to raise the WASSCE registration fee, to freely imply that the money paid for the exam has gone down the drain. Even though the Minister meant well, it is still important that he feels the impact of his decision on the parties concerned. Hopefully, he understood the fact that Nigeria is not in a position to decide on when WASSCE will be written because Nigeria is just one of the five countries that participate in this exam.

Well, as Nigerians wait fervently for WAEC to react to the decision of the FG, it may be worthy to review situations that warranted the suspension of school reopening and the prevention of students from writing WASSCE.

The statement of the Minister of Education, which says that it is better for Nigerian students to repeat an academic session than to be exposed to the virus, was not made out of malice. In as much as this decision can cost Nigerian parents their hard earned money as well as deny the children a chance to sit for an exam they have prepared for, the Minister was not out of place with showing concern for the students. However, like most Nigerians have postulated, some of these children that we are talking about are already helping their parents to sell things in the open market. Their parents have also exposed themselves by going out and mingling with people. Remember that Edo and Ondo gubernatorial elections are on the way and these parents will still go out to vote. All I am trying to say here is that maybe these children would have learnt how to protect themselves from the virus.

Another good point raised by Nigerians regarding this issue is that social distancing has never been an issue with writing WAEC examinations because the exam body has already been practicing that before the pandemic. Remember that in setting up a hall for WAEC exam, a row does not contain more than six desks. I could remember that if a standard classroom is to be used as an exam hall, it should not contain more than 30 desks. So, there is no need to fear that the students will contract COVID-19 as a result of not practicing social distancing in the exam hall.

The only challenge I am seeing with the reopening of schools is that visitors will be allowed into school compounds and this could expose students, especially those in boarding schools, to the virus. This is where the school authority and the government will work hand in hand to provide those facilities that will help to check the spread of the virus. Maybe why FG is suspending reopening of schools is because the government has not provided those devices that government-owned schools will use. If that is the case, I think those in charge should come out and address the public properly rather than giving flimsy excuses about waiting till it is safe. So what if corona decides to stay with us for the next few years and the vaccine is not found, will our children continue to wait like this before they sit for WAEC?

All the same, if the FG remains adamant about stopping the students from sitting for WASSCE, it has to consider doing any of the following:

a. Ensuring that all the students that paid for the exam are refunded fully. This will then mean that students will wait and write only NECO and NABTEB, which are Nigerian owned exam bodies.

b. Making it optional for those that wouldn’t mind taking the risk of coming out to write the exam. I’m putting this here because I know a lot of good private schools that will ensure that all the guidelines given by Nigeria Centre for Disease Control (NCDC) were followed to the letter. It will, therefore, be unfair for these schools to miss out because government-owned schools are unprepared. So let government give chance for those that are ready to partake in the exam and those that cannot, will be refunded.

c. Liaising with WAEC to provide some of the needed equipment for checking COVID-19. Of course, I don’t see any reason why WAEC will not provide protective gears for their candidates and invigilators. Let it be their own contribution towards fighting the virus.

No one knows the decision WAEC will make soon concerning this suspension and other related issues. But we hope it will favour our children. However, the Minister of Education needs to go back and re-deliberate on how to keep our education system alive as we battle this monster.

The Dangote System – A New Book, Coming July 22

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My new book, “The Dangote System: Techniques for Building Conglomerates”, is arriving in July 2020.  The book focuses on Aliko Dangote’s business and what we can learn from his System. Yes, how a trader, who started like others, became the most important man in African business sphere, and in the process controlling one of the largest industrialized conglomerates in the world.

The book is exclusive for participants of Tekedia Mini-MBA edition  2 (catch up here, began June 22) and 3 (REGISTER, begins Aug 10).

 

Live Sport Comparison: MultiChoice Showmax Pro vs. DStv Premium 

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Multichoice-owned online streaming service Showmax is launching a new service, Showmax Pro, which bundles the existing entertainment service with music channels, news, and live sport streaming from SuperSport

DStv Premium is the #1 entertainment destination, with more movies, TV shows and sports than you can handle – and several ways to view them all. With 135+ TV channels and 95+ audio channels, it’s the best package DStv has to offer.

The live comparison is shown below.

Showmax Pro vs DStv Premium – Live Sport
Content Showmax Pro DStv Premium
Football Premier League, Serie A, PSL, and La Liga. Premier League, Serie A, PSL, La Liga, EFL Championship, Liga Inglesa, Taça FA
Rugby None None
Motorsport None Formula 1, Formula 2, IndyCar, NASCAR, Formula Um
Tennis None None
Golf None PGA
Cricket None English Test Series
Other IAAF Athletics, pro boxing, major international marathons.* IAAF Athletics, pro boxing, major international marathons, WWE, Virtual Tour de France, UFC, WorldRX Esports.

 

Nvidia Overtakes Intel As U.S. Most Valuable Chipmaker

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Nvidia chip

In a surprising development in the US semiconductor industry, Nvidia has beaten Intel to become the most valuable chipmaker in the United States for the first time.

The company’s shares rose 2.3% on Wednesday to a record $404, to push its market capitalization to $248 billion, $2 billion above Intel’s $246 billion value, according to Reuters.

US chipmakers have suffered a hit following the emergence of COVID-19 that resulted in the S&P low on March 23. But Intel was coming out of it coldly while Nvidia has enjoyed a relative growth that has put it ahead.

Intel’s stock has lost almost 3% in 2020; Nvidia’s witnessed a 68% growth. The growth has been attributed to the evolution of remote work by investors who believe that the coronavirus pandemic will continue to spur Nvidia’s datacenter business to fast growth.

Datacenters have boosted Nvidia’s performance in Wall Street ever since it moved concentration from chip making to automobiles, artificial intelligence and datacenters. Unlike Nvidia, Intel has been fully focused on PC processors and servers, failing to diversify its business. Even an attempt in mobile phone production failed.

Global competition in the semiconductor industry has also contributed to the failings of Intel. As the Chinese government pushed to cut its dependence on US made chips by pumping billions into manufacturing of semiconductors, the market capitalization of Intel began to fall below South Korea’s Samsung Electronics and Taiwan Semiconductor Manufacturing Co.

Reuters said that despite the stock rise of Nvidia, its sales remain a fraction of Intel’s. But analysts on average see Ndivia’s revenue rising 34% in its current fiscal year to $14.6 billion, while they expect Intel’s revenue to increase 2.5% to $73.8 billion.

Intel’s woes are even getting compounded as Apple announced it is divorcing Intel’s chip. Apple said it will henceforth make use of its own chips in its Mac computers in favor of Intel’s Silicon.

The different strategies embraced by Intel and Nvidia are yielding different results. Intel lost its title as the most dominant chipmaker in Silicon Valley, while Nvidia took advantage of the situation. Moreover, the odds appear to be in favor of Nvidia.

“What’s notable about Nvidia is that the graphics chips it sells for AI projects weren’t originally designed for that purpose. Still investors clearly believe that Nvidia, which also provides chips for gaming and for servers that run in corporate data centers, has lots of room to grow,” said Nick Wingfield.

Intel has been trying to formulate an AI strategy that included the $1.7 billion acquisition of fellow chipmaker Altera and autonomous vehicle technology developer MobileEye, which it acquired for $15.3 billion. But the strategies appear not bright enough to attract the commendation of Wall Street.

Other matters have paved the way for AMD to find a place in the competition. The company has adopted a strategy that relies on emulating CUDA and adoption of its ROCm platform.

Extremetech noted however, that the performance situation of ROCm continues to favor Nvidia, with AMD’s GPUs generally slower than their Team Green counterparts. Given that AMD is effectively performing code translation, that’s not too surprising.

Meanwhile, Intel is still fighting to establish itself in these new markets. The company’s server-side business has done excellently well in recent years, though not enough to catch the attention of Wall Street. Intel bought Havana Labs last year and effectively relaunched some of its AI efforts from scratch, though they have not started to yield fruitful results.

Intel’s CPU-centric efforts have focused on integrating capabilities like AVX-512 and bfloat16 into its CPUs, the latter of which debuted in top-end server CPUs this year with the launch of Cooper Lake.

On the other hand, AMD has focused most of its efforts on the CPU side of the equation for now, while Nvidia has had the scientific side of the business largely to itself. Extremetech noted further that there may be changes in the future, with AMD talking about its CDNA compute architecture, but it’s not surprising to see Nvidia in this position.