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Good morning!
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A swagged-out Pope is probably what is currently trending on your timeline or what started your week. You may have mistakenly asked when the leader of Christendom became the vicar of drip. You wouldn't guess that it is an AI-generated image and is an indication that it would become difficult to distinguish fake images from reality in the future. We thought filters have done their worst.
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Still on the AI drama, Microsoft is now allowing Teams users create a 3D avatar to use in meetings instead of being on camera or even needing a webcam. Originally announced in 2021, Microsoft has been testing these 3D avatars over the past year and is now ready to allow Microsoft Teams users try them out in a public preview today.
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Below are the tech stories and news you need to know to start your day, carefully curated by Technext.
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Summary of the news
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- Twitter asks GitHub to produce user who leaked its source code as it faces major exposure
- SA VC firm Kalon Venture Partners to raise $50m pan-African fund
- UK’s OneWeb nearly ready to rival Starlink for internet coverage after latest satellite launch.
- Don't want to turn on your camera during meetings? Microsoft Teams now lets you use an avatar
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Ecosystem
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Crypto exchange Binance, CEO sued by US regulator over violations, Reuters reports. Major cryptocurrency exchange, Binance, and its executives, including CEO and founder, Changpeng Zhao, have been sued by the U.S. Commodity Futures Trading Commission (CFTC) for regulatory violations, according to a court filing Monday. Binance, the world's biggest crypto exchange, had from at least July 2019 to the present "offered and executed commodity derivatives transactions on behalf of U.S. persons," in violation of U.S. laws, the CFTC said in its complaint.
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SA VC firm Kalon Venture Partners to raise $50m pan-African fund, Disrupt Africa reports. South African VC firm Kalon Venture Partners, which invests in digital disruptive technologies, is to raise a US$50 million fund which will see it make investments outside of South Africa for the first time.
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Payments in Africa is complicated, Kora makes it easy. Build your custom payment experience with Kora. Accept payments in NGN, KHS, GHS and USD, make payouts and get access to same-day settlement anywhere in the world. Africa is waiting.
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Policy
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- NIMASA, alongside the NCC, is developing a regulatory framework for submarine cable operators in Nigeria, Leadership reports. The Management of the Nigerian Maritime Administration and Safety Agency (NIMASA), and the Nigerian Communications Commission (NCC), have agreed to work closely with relevant stakeholders as NIMASA inches closer to developing a regulatory framework to provide operational guidelines for Submarine Cable and Pipeline Operators in Nigeria. Officials of both organs of Government in Lagos reached this agreement at a pre-Audit meeting on submarine cable regulation.
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Social Tech
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Twitter asks GitHub to produce user who leaked its source code as it faces major exposure. Twitter is on the hunt for the GitHub user who leaked its source code and has filed a lawsuit against the breach. The social media platform is asking Github to produce the user in question and all other users who engaged with the source code while it was on the platform, Technext reports.
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Global News
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- Microsoft Teams now lets you transform into an avatar during meetings. “Avatars for Microsoft Teams offers an alternative to the current binary option of video or no video,” says Avery Salumbides, a product marketing manager at Microsoft, in a blog post Monday. “Avatars for Teams gives you that much-needed camera break, while still allowing you to collaborate effectively.”
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Europol sounds alarm about criminal use of ChatGPT. EU police force Europol Monday warned about the potential misuse of artificial intelligence-powered chatbot ChatGPT in phishing attempts, disinformation, and cybercrime, adding to the chorus of concerns ranging from legal to ethical issues, Reuters reports.
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- China says it ‘firmly opposes’ a potential forced sale of Tiktok. China said it would “firmly oppose” any forced sale of TikTok, in its first direct response to demands by the Biden administration that the app’s Chinese owners sell their share of the company or face a ban in its most important market, CNN reports.
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UK’s OneWeb nearly ready to rival Starlink for internet coverage after latest satellite launch. OneWeb’s launched the final 36 satellites of its initial 616-satellite “constellation” over the weekend, allowing the UK-backed, London-based organisation to rival Elon Musk’s Starlink in offering global broadband coverage, Technext reports.
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- Crypto people are finding new bankers. After the rapid collapse of Silvergate, Silicon Valley Bank and Signature, the crypto world has needed to find new bankers. Regional bankers such as Fifth Third and Customers Bancorp are stepping up, The Verge reports.
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Latest in funding
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Polygon is a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing security.
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Other stories we are following
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