As Charles Schwab nears the completion of its merger with TD Ameritrade, a large registered investment advisor is instead moving to another custodian. CG Advisor Network, a firm that manages $3.1 billion across 70 advisors, announced that it would leave Schwab Advisor Services in favor of Axos Advisor Services, formerly known as Trust Co. of … Read More “RIA with $3.1B leaving Schwab for Axos” »
by Fintechnews Africa 7 August 2023 The House of Representatives, one of the two Chambers that make up the Bicameral Legislature of Nigeria, has requested the central bank to halt the implementation of a new directive mandating financial institutions to collect additional customer information, including social media handles, for know-your-customer (KYC) purposes. The decision was … Read More “Nigeria Legislative Body Requests Pause on Social Media KYC Requirement” »
The paper is titled, Vision-Language-Action Models Transfer Web Knowledge to Robotic Control, and reveals new capabilities to transfer web knowledge to real-world robot: “High-capacity models pretrained on broad web-scale datasets provide an effective and powerful platform for a wide range of downstream tasks.” In particular, the great replacement of jobs has doubled down on low-skilled … Read More “Google’s Deepmind AI Scores Major Advance In Robotic Control” »
Safaricom Invests over KES 50 million in community projects in Laikipia and Nyandarua Counties Safaricom Invests over KES 50 million in community projects in Laikipia and Nyandarua Counties The projects in the areas of Education, Health, and Environment are set to transform over 5000 lives. Safaricom’s M-PESA Foundation and Safaricom Foundation, have invested over KES … Read More “Over KES 50 Million Worth Project In 2 Counties” »
Image Credit: Remedial Health To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, … Read More “Repeat investors back Remedial Health’s latest round” »
Lagos State is Africa’s biggest innovation hub. The Technology ecosystem in the state has witnessed significant advancement not just by the ingenuity of Lagosians but by direct investment from the Government, Venture funds, Development Finance Institutions, Strategic corporate partnerships and an array of ever-growing innovative communities. The Babajide Sanwo-Olu-led government in Lagos initiated the T.H.E.M.E.S … Read More “Consistency in governance framework is driving significant advancement for innovation and technology in Lagos” »
KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, today announced the results of its Q2 2023 top-clicked phishing report. The results include the top email subjects clicked on in phishing tests and reflect the use of HR business-related messages that pique interest from employees and can potentially affect them. … Read More “Phishing Test Reveals Top Malicious Email Subjects are HR Related | IT News Africa” »
Sponsored by Business Partners In recognition of the unwavering determination and success of South African entrepreneurs, we proudly announce the launch of the Business Partners Entrepreneur of the Year® awards. This prestigious event aims to honour and showcase the accomplishments of resilient and dynamic small business owners who have overcome challenges and achieved excellence. The … Read More “Enter Now To Be The Next Entrepreneur of the Year®” »
Reconstruction of Hupehsuchus about to engulf a shoal of shrimps. Credit: Artwork by Shunyi Shu, © Long Cheng, Wuhan Center of China Geological Survey A remarkable new fossil from China reveals for the first time that a group of reptiles were already using whale-like filter feeding 250 million years ago. New research by a team … Read More “Whale like filter-feeding discovered in prehistoric marine reptile” »
Asian shares were mostly lower Monday as traders assessed a mixed US jobs report for clues on the Federal Reserve’s next decision. The intensifying Ukraine-Russia conflict also weighed on sentiment. Equity gauges declined in mainland China, South Korea and Australia. Chinese pharmaceutical stocks were among the worst performers in the nation on reports of a … Read More “Asian shares slip, oil steady after drone attacks: Markets wrap” »
