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Google and Facebook could be caught in the US-China trade war

There are reports that the Trump administration is considering tariffs on networking equipment from China. That could spell trouble for companies that buy Chinese components for their global cloud computing operations, such as Google (GOOG), Facebook (FB) and Amazon (AMZN), analysts say

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There are reports that the Trump administration is considering tariffs on networking equipment from China. That could spell trouble for companies that buy Chinese components for their global cloud computing operations, such as Google (GOOG), Facebook (FB) and Amazon (AMZN), analysts say.

And chip makers such as Intel (INTC) could face tariffs on computer chips. US companies often send mostly finished chips to China for assembly, testing and packaging. Those companies could pay a penalty when those chips are shipped back into the country.

So far, US tech giants have largely stayed out of the trade fight. The threat of tariffs on tech products from China could force Silicon Valley leaders to be more vocal about their concerns.

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“[As you see] what types of products they’re hitting, I think it becomes a lot more tangible, and a lot more real” for tech companies, said Daniel Ives, chief strategy officer and head of technology research at GBH Insights.

Modems and routers are on a list of Chinese goods worth $200 billion that could face 10% tariffs in the United States after August 30. A tariff on those products could also hurt the tech industry, which uses huge IT networks to deliver products and services around the globe.

China accounted for almost half of the roughly $23 billion of IT network gear the United States imported in the 12 months through April, according to Panjiva, a global trade research company owned by S&P Global Market Intelligence.

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Bolt Kenya suspends 5,000 drivers over violations

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Bolt Kenya has revealed the suspension of more than 5,000 drivers from its platform in the past six months due to several infractions, including non-compliance and safety-related matters.

Bolt Kenya Country Manager, Linda Ndungu, who made the revelation on Wednesday, said the move was part of the company’s unwavering focus on rider and driver safety.

“At Bolt, the safety of all users on our platform is our top priority. We understand the trust our users place in us, and we are taking proactive steps to ensure their well-being during every ride,’’ Ndungu said.

‘’Our enhanced safety measures, stricter compliance measures, coupled with technology-driven solutions, reaffirm our commitment to providing a secure and reliable transportation experience for all,” she added.

Ndungu noted that Bolt Kenya had dedicated over KES 20 million to bolster its safety features and measures, with some of the initiatives aimed at enhancing quality and safety on its platform.

“Some of these measures include monitoring and evaluating user behaviour, and ensuring swift action in response to any identified safety concerns.

“For example, Bolt introduced the driver selfie check feature that deters cases of driver impersonation and account sharing. Bolt also has a comprehensive awareness and training program for riders and drivers alike.

‘’Any driver or rider found in violation of safety standards as well as being non-compliant will face swift and decisive consequences, including permanent suspension from the platform”, she stated.

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US collaborates with AfDB to accelerate Africa’s digital transformation

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The United States Commercial Service has announced a strategic collaboration with the African Development Bank (AfDB) to drive a massive digital transformation across Africa.

The partnership, which was unveiled on the sidelines of the Africa Tech Festival in Cape Town, South Africa, will open the door to a series of dialogues on how U.S. digital innovation can support development goals across Africa.

Senior U.S. Commercial Liaison to the African Development Bank, Ashley Ndir, who announced the collaboration, said further discussions would focus on key themes such as embracing new technologies, improving internet access, enhancing skills, and creating a regulatory environment conducive to innovation.

“Both parties will explore how African governments can collaborate with American technology firms to grow their economies and how U.S. businesses can tap into new opportunities in Africa’s emerging markets.

“We are at a turning point in Africa’s technological advancement. By bridging insights from the U.S. private sector with Africa’s vibrant markets, we aim to drive innovation and economic growth. This partnership is a testament to that mission”, Nadir said.

“Africa has made significant investments in pivotal infrastructure and policy enhancements to create an innovative digital economy,” Head of ICT Operations at the AfDB, Nicholas Williams, also enthused.

“As Africa’s premier development finance institution, the African Development Bank will help push Africa’s digital boundaries even further by forging strategic relations, building on historical investments and, more importantly, tapping into the energy of our young population, who are digital natives. We value the insights that the U.S. private sector may bring”, he added.

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