Research and development simply put, “R&D” is what most great companies invest in to enable them come up with innovative products and Samsung is no expedition. Experiment on a foldable or bendable device could help the company produce a new kind of device in the smart phone category.
The tech giant Samsung is expected to produce a number of prototype dual-screen smartphones this year. According to reports from tech new site in Korean, ET News , the company has already begun production on the device, and plans to make between 2000 and 3000 units by the beginning of the third Quarter of 2017.
This is not the first time we are hearing of dual-screen or foldable/bendable devices, we have seen device prototype from Nokia (Nokia kinetic) and real consumer devices in the past, like NEC’s Medias W N-05E and the Kyocera Echo. Samsung’s potential foldable smartphone prototypes is reportedly to be constructed from a pair of rigid, 5-inch OLED displays joined by a single hinge.
Samsung is really serious about the idea of making a phone with a completely foldable display. They even produced a concept ad for the non-existent product. In this technological age, I believe bendable displays are ready for full-time production. We have seen both Samsung and LG show off flexible and bendable LED and OLED displays, in curved screen TV and smartphone (LG’s G flex). Though we are yet to see a completely foldable phone on the market, Samsung is aiming ambitiously to produce commercialized foldable phones by 2019.
We have seen what Samsung have done in the past with their Galaxy series, taking it from a flat screen to a curved edge to edge display and making it significant appealing to the market in a short period of time.
The questions most people will ask is: what will be the usefulness of a foldable display screen, durability, and affordability to the masses? But don’t forget it’s going to be an ultra-premium product and definitely going to be eye catching.
Africa Tech Leaders Weigh In On Jack Dorsey’s Planned Move to the Continent
It’s not every day that the CEO of a large Silicon Valley tech company decides to relocate to a different part of the world in order to learn more about it — particularly a frequently maligned and often overlooked by big-business part.
But Jack Dorsey, the American tech entrepreneur who co-founded and leads not one, but two publicly listed companies (Twitter and Square) is not your typical CEO. Dressed down, bearded, often wearing a wooly hat and speaking in a slow, quiet voice, you might even call Dorsey the anti-CEO. He eschews many of the stereotypical trappings of the executive life and mannerisms in favor of taking silent retreats and traveling to countries like Burma.
In November 2019, Dorsey’s itchy feet took him to Africa, where he visited Nigeria, Ghana, South Africa and Ethiopia on a listening tour. He had meetings at incubators in Lagos and Addis Ababa; and talked to a number of African tech-leaders, including Tayo Oviosu, the CEO of Nigerian payments startup Paga; and Yeli Bademosi, the director of Binance Labs.
And before he departed back for the US, he did something more: he announced that he would return in 2020 to live somewhere on the continent for up to six months.
“Africa will define the future (especially the bitcoin one!). Not sure where yet, but I’ll be living here for 3-6 months mid 2020,” he Tweeted from Ethiopia.
And where? And when? If you have ever spoken to Dorsey — or more likely read an interview with him — you’ll note that the he can be somewhat oblique. It’s rare that he gives straight answers to straight questions, even if he always responds with something.
So when spokespeople from both Twitter and Square declined to comment on what his plans will be and if they will relate to those two companies, it might be just as likely that they don’t want to disclose anything as they don’t actually know.
But one thing is clear: Africa’s 54 countries and 1.2 billion people is one of the last blue oceans for global tech growth (one that not only Dorsey has identified).
To that end, TechCrunch talked to several people from Africa’s tech world to get their thoughts on what he could do, and what bears remembering as the world follows Dorsey’s spotlight.
The state of the market
When you look at year-over-year expansion in VC investment in the region, startup formation and incubators, the African continent is one of the fastest-growing technology markets in the world — even if today, by monetary value, it’s tiny by Shenzhen or Silicon Valley standards.
Three of the top destination countries for startup investment — Kenya, Nigeria and South Africa — collectively surpassed $1 billion in investment for the first time in 2018, with fintech businesses currently receiving the bulk of the capital and dealflow, according to Partech and WeeTracker stats.
By most accounts, Dorsey’s first foot forward last November was to make himself a student of the continent’s innovation scene — but specifically as it relates to fintech (and by association, his affiliation with Square and latterly Bitcoin).
“It was more them listening than anything else. Not just Jack, but the other senior members of his team,” CcHub’s CEO Bosun Tijani said of Dorsey’s meetings at the incubator.
After acquiring Kenya’s iHub, CcHub is the largest incubator in Africa. Other members of Dorsey’s team who joined him there included Twitter CTO Parag Agrawal and Product Lead Kayvon Beykpour.
“[Dorsey] said the main reason [he was in Ethiopia and Africa] was to listen and to learn what’s going on in the region,” said Ice Addis’ Markos Lemma .
Over recent years, Nigeria has become Africa’s leader in startup formation, VC, and the entry of big tech players, such as Facebook — which opened an incubator in Lagos in 2018.
Since 2014, the country of 200 million has held the dual distinction as Africa’s most populous nation and largest economy. This makes it a compelling market for fintech and social media apps.
Twitter in Africa, according to sources, was less of a topic during Jack Dorsey’s meetings with founders and techies. This makes some sense. The service has lower penetration in the region estimated at 7.46%, higher than Instagram but lower than Pinterest — and that essentially means that the business opportunities there are fewer, since the majority of Twitter’s revenues comes from advertising.
“The only concrete thing in all this communication…is he seems to be interested in Bitcoin,” said Tijani.
Markos Lemma had the same takeaway after talking with Dorsey. “I think he’s specifically interested in Bitcoin,” he said.
Dorsey’s crypto focus in Africa isn’t such a surprise, given his bullish stance on Bitcoin and blockchain-based technology.
In October, he invested $10 million in CoinList, a startup that facilities and manages token sales. And rather than create its own cryptocurrency, like Facebook’s Libra experiment, Square is using Bitcoin as the basis for its digital-currency strategy. The company added Bitcoin trades to CashApp, its P2P payment and investment product, in 2018 and its Square Crypto effort announced this year aims to “support and promote Bitcoin” through open source development.
A recent interview with Australia’s Financial Review could offer further insight into Dorsey’s crypto Africa vision.
“I think the internet will have a native currency and anything we can do to make that happen we’ll do,” he said in reference to Square’s moves.
“In the long term it will help us be more and more like an internet company where we can launch a product…and the whole world can use it, instead of having to go from market to market, to bank to bank to bank and from regulatory body to regulatory body.”
What Dorsey is describing, in part, is the primary use case for cryptocurrency in Africa — where there remain all kinds of inefficiencies around moving money. The continent’s people pay the highest remittance costs in the world largely due to fragmented (and often inadequate) financial infrastructure and expensive cross-border transaction costs.
By several estimates, Africa is also home to the largest share of the world’s banked and underbanked consumer and SME populations.
Roughly 66% of Sub-Saharan Africa’s 1 billion people don’t have a bank account, according to World Bank data.
There are hundreds of payments startups across the region looking to move that needle by getting these people on the financial map — and more opportunistically, getting them to use their products.
To be fair, the adoption of digital finance products, such as M-Pesa in Kenya, have succeeded in reaching tens of millions.
A characteristic of successful African fintech products, however, is that their use has been geographically segregated, with few apps able to scale widely across borders. Some of that relates to vastly different regulatory structures and the difficulty in shaping product-market-fit from country to country.
Cryptocurrency’s potential to bypass inefficient or deficient finance structures has been getting attention in Africa.
The last two years saw several ICOs on the continent. One of the largest coin offerings ($7 million) was in 2018 by SureRemit — a startup that launched a crypto-token aimed at Africa’s incoming and intra-country remittance markets.
SureRemit’s CEO, Adeoye Ojo, sees the relevance and timing of Jack Dorsey’s interest in cryptocurrencies on the continent.
“Right now a lot of people and governments in Africa are aware of blockchain and cryptocurrencies, compared to two years ago, and asking questions about how this can be leveraged; what kind of products can we build around this,” Ojo told TechCrunch.
Bitcoin, according to Ojo, is finding utility on the continent. “It has helped people with value transfer significantly. A lot of businesses trying to make payments outside Nigeria…frustrated with access to forex or access to USD, are leveraging Bitcoin to make payments directly to vendors or suppliers in Asia and Europe,” he said.
On business motivations for Dorsey’s move to Africa, “I think he is definitely looking at the opportunity to get more people to adopt payments on Bitcoin, buying Bitcoin with Square here,” Ojo said — based on the collective information he’s followed re Dorsey’s crypto motives and what emerged from Jack’s recent trip.
Square has yet to launch any services in Africa, but if there is a business purpose to Dorsey’s residency, one could be considering how and if the company has scope for building out services in the region, specifically one based around cryptocurrency.
SureRemit CEO Adeoye Ojo believes Dorsey could also look to establish a unique African Bitcoin exchange.
But Ojo underscored the specific hurdles to cryptocurrency adoption on the continent. The first is regulation. Regulatory reviews on digital-currency use are ongoing in major economies Nigeria and Kenya. South Africa’s Central Bank is considering rules that would limit use of cryptocurrencies for foreign transfers.
“Even if the application for crypto works here, if the regulations that come forward don’t support it, it won’t happen,” said Ojo.
As with other parts of the world, Africa also faces a trust issue on digital currency adoption, he added, due to Bitcoin’s implication in several scams — most notably to defraud millions of Nigerians in the Mavrodi Mundial Moneybox (MMM) ponzi scheme.
“For many Nigerians, their first introduction to Bitcoin was this MMM scam…People have been adopting mobile money in Africa, but it’s gonna take a bit of market education for them to understand using Bitcoin isn’t just some scam,” he said.
Advice for Dorsey
On where Dorsey should spend time on his return, Cellulant CEO Ken Njoroge, thinks Kenya is a must, given its lead as one of the top countries in the world for mobile-money adoption.
“Coming to live in the ecosystem is a good thing…it’s the best way to really understand…and get the nuances of business in Africa,” he said.
Njoroge, whose Nairobi-based fintech company processes payments in 35 African countries, also suggested Dorsey understand any tech play in Africa requires a long-game commitment, given the infrastructure challenges in the ecosystem compared to others.
On that topic, Ice Addis co-founder Markos Lemma suggested Dorsey provide founders advice on operating around and influencing tech-regulation. “He’s had a lot experience navigating the U.S. and other markets with Twitter and Square. I don’t know any entrepreneur in Ethiopia or other African markets who has that experience navigating and negotiating regulations,” he said.
For all the likelihood Dorsey’s pending move could be motivated by Square and Bitcoin, three of the founders interviewed by TechCrunch — Bosun Tijani, Ken Njoroge, and Markos Lemma — underscored the rise of Twitter in Africa’s civic and political spheres.
Square doesn’t operate in Africa but Twitter is the fourth most used social media app on the continent and sells ads in Africa through partner, Ad Dynamo, a Twitter spokesperson confirmed.
“Twitter is quite powerful in Nigeria,” CcHub’s CEO said of the social media platform in the country, which has been plagued by theft of state resources in the hundreds of billions.
“It’s not just a social media platform for Nigeria. It’s changing the dynamics between people with power and those that they’re meant to serve,” Tijani explained.
Twitter (along with Facebook) has also been implicated in Africa’s first (notable) social media political interference campaigns.
“There’s a lot of hate speech and misinformation that’s been showing up on social media,” said Ice Addis’ Markos Lemma. “With [Ethiopia’s] 2020 elections on the horizon, I think it would be important for him to address how Twitter can mitigate that risk.”
Dorsey has faced flak from some analysts and Twitter board members for his planned move outside the U.S., given risks associated with Twitter and the upcoming American election.
So Dorsey’s 2020 Africa move could certainly uncover opportunities for cryptocurrency and Square on the continent.
It could also become a reminder that wherever he travels so too do the complications of his social media company back home.
SAND DESIGNS- Saudi Arabia to build £400bn ‘western’ city as they look to host more sporting events after Anthony Joshua vs Ruiz Jr 2
SAUDI ARABIA plan to build a £400billion cross-border city state to become one of the planet’s leading destinations for sporting events.
And it will be governed by “western law” – instead of Islamic – to help attract hordes of fans to the Middle East in the future.
The Daily Mail claim the new city will near the Red Sea in the north west will be called Neam and will form part of the kingdom’s Vision 2030.
The project was first launched by Saudi Crown Prince Mohammed Bin Salman two years ago and the government are believed to have recruited public affairs experts to advise on it.
Neom will operate with different laws for workers and women’s rights and give visitors freedom to drink alcohol, something denied to those at the boxing on Saturday.
Saudi has come under heavy criticism for allegedly attempting to “sports-wash” their reputation from human rights organisations such as Amnesty International.
RTVE in Spain is refusing to broadcast the inaugural edition of the rebooted Spanish Super Cup next month, which has been switched to Jeddah.
Amnesty say Joshua versus Ruiz Jr is taking place despite increased oppression of locals in a country that has executed 146 people this year.
Despite that, the Saudi government is refusing to relent in their ambitious programme for staging sporting events.
And it is part of a plan to reduce the nation’s dependency on oil and increase tourism by ten per cent within the next decade.
There will be a £15m Saudi Cup horse race next year while Tour de France organisers ASO are taking a five-stage cycling tour there.
And the owners of Formula One, Liberty Media, have been holding discussions about taking a race there.
Neom’s first stage is scheduled to be completed by 2025.
APPLY HERE: YEA partners GES for SHS non-teaching staff recruitment
In line with the mandate of the Youth Employment Agency (YEA) to create jobs for the unemployed youth of Ghana, the Agency in partnership with the Ghana Education Service (GES) seek to recruit about 7,730 young Ghanaians from across various districts of the country to be trained and deployed to Senior High Schools unders the School’s Support Programme.
This recruitment is as published in the daily graphic newspaper on the 25th of October 2019.
The School Support Programme is a school based support programme aimed at ensuring the health and safety of students and staff of various SHSs in the country.
a) Schools Guards/ Security Assistants (SAs)
b) Kitchen Assistants
Applicant must be aged between 18-35 years.
Basic Education Certificate Examination (BECE)
MODE OF APPLICATION
It is an online application.
Alternatively, interested applicants may visit any of the agency’s district offices.