Економіка

Google plans to invest $1 billion in Africa over the next five years to ensure access to fast and cheaper internet and will back startups to support the continent’s digital transformation, it said on Wednesday.

The unit of U.S. tech company Alphabet Inc made the announcement at a virtual event where it launched an Africa Investment Fund, through which it will invest $50 million in startups, providing them with access to its employees, network and technologies.

Nitin Gajria, managing director for Google in Africa told Reuters in a virtual interview that the company would among others, target startups focusing on fintech, e-commerce and local language content.

“We are looking at areas that may have some strategic overlap with Google and where Google could potentially add value in partnering with some of these startups,” Gajria said.

In collaboration with not-for-profit organization Kiva, Google will also provide $10 million in low interest loans to help small businesses and entrepreneurs in Ghana, Kenya, Nigeria and South Africa so they can get through the economic hardship created by COVID-19.

Small businesses in Africa often struggle to get capital because they lack the necessary collateral required by banks in case they default. When credit is available, interest rates are usually too high.

Google said a program pioneered last year in Kenya in partnership with Safaricom that allows customers to pay for 4G-enabled phones in instalments would be expanded across the continent with mobile operators such as MTN, Orange and Vodacom.

Gajria said an undersea cable being built by Google to link Africa and Europe should come into service in the second half of next year and is expected to increase internet speeds by five times and lower data costs by up to 21% in countries like South Africa and Nigeria.
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The United States is taking new steps to make sure the country’s air and surface transportation sectors will not be crippled by ransomware or cyberattacks.

Homeland Security Secretary Alejandro Mayorkas announced the measures Tuesday at a virtual cybersecurity conference, warning that recent incidents such as the SolarWinds hack and the Colonial Pipeline ransomware attack showed that “what is at stake is not simply the way we communicate or the way we work, but the way we live.”

The new security directives target what the Department of Homeland Security and the Transportation Security Administration describe as “higher risk” rail companies, “critical” airport operators, and air passenger and air cargo companies.

Cybersecurity coordinators

Mayorkas said that going forward, the rail companies will have to name a cybersecurity coordinator who will report any incidents and create contingency plans in the case of a cyberattack.

The aviation companies will also be required to appoint a cybersecurity coordinator and report incidents to the DHS’s Cybersecurity and Infrastructure Security Agency.

Similar cybersecurity directives are already in place for 2,300 critical maritime companies that, starting this month, will have to submit plans to identify and address cyber vulnerabilities.

The U.S. Coast Guard is also working with the International Maritime Organization to require that passenger and cargo vessels arriving in U.S. ports have plans to deal with cyber emergencies.

“Whether by air, land or sea, our transportation systems are of utmost strategic importance to our national and economic security,” Mayorkas said.

Spike in ransoms paid

Top U.S. officials, including Mayorkas and FBI Director Christopher Wray, have warned that cyberattacks and ransomware attacks, in particular, have become a persistent threat.

“Last year, victims paid an estimated $350 million in ransoms, a 311% increase over the prior year, with the average payment exceeding $300,000,” Mayorkas told U.S. lawmakers at a hearing last month.

“We’re now investigating over 100 different types of ransomware, each with scores of victims,” Wray added.

U.S. officials have blamed Russia for many of the attacks, saying that despite Moscow’s assurances, they have seen few indications the Kremlin is doing anything to address the problem.

Russian officials deny any role in the recent, high-profile ransomware attacks.

Speaking at a separate cybersecurity forum Tuesday, the head of U.S. Cyber Command warned the problem with ransomware is likely to persist.

“Our adversaries are targeting everyone,” General Paul Nakasone told the Mandiant Cyber Defense Summit. “What was once viewed as criminal behavior has become a national security issue.”

To help facilitate the fight against cyberattacks and ransomware attacks, U.S. lawmakers are considering several bills that would require private companies to report intrusions and attacks on the government.

“We’re optimistic the legislation will pass,” Mayorkas said Wednesday at the annual Billington CyberSecurity Summit.

“I think we’re at a point, seeing the arc of cybercrimes and the cyberthreats, that really there’s an urgency to it,” he said.

 
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Amazon.com Inc.’s livestreaming e-sports platform Twitch said Wednesday that it had been hit by a data breach. It gave no details.

An anonymous hacker claimed to have leaked Twitch data, including information related to the company’s source code, clients and unreleased games, according to Video Games Chronicle, which first reported the news of the hack.

Twitch confirmed the breach and said its “teams are working with urgency to understand the extent of this.”

The company declined to comment further and said ((https://twitter.com/Twitch/status/1445770441176469512)) it would “update the community as soon as additional information is available.” Amazon did not immediately respond to a request for comment.

The hacker’s motive was to “foster more disruption and competition in the online video streaming space,” according to the Video Games Chronicle report.

About 125GB of data was leaked, including information on Twitch’s highest-paid video game streamers since 2019, such as a $9.6 million payout to the voice actors of popular game “Dungeons & Dragons” and $8.4 million to Canadian streamer xQcOW, the report said.

“Twitch leak is real. Includes significant amount of personal data,” cyber security expert Kevin Beaumont tweeted.

Twitch, which has more than 30 million daily visitors on average, has become increasingly popular with musicians and video gamers. They interact with users while live streaming content.

The platform, which was boycotted earlier this year by users for not doing enough to block harassment, previously made a move to ban users for offenses such as hate-group membership and credible threats of mass violence.
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Facebook is in the hot seat again. A recent Wall Street Journal report cites internal knowledge of its harmful effects and the company’s reticence to act. A whistleblower, a former Facebook employee, came out in public this week to testify against the social media company, only adding to the scrutiny. Tina Trinh reports. 

Produced by: Tina Trinh

 
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Key U.S. lawmakers pilloried social media giant Facebook on Tuesday after Frances Haugen, an inside whistleblower who once worked at the company, alleged that Facebook’s products are harming young people, undermining democracy and helping to divide the country politically. 

Haugen, who worked as a Facebook project manager for less than two years, held Facebook Chief Executive Mark Zuckerberg responsible for prioritizing concerns about company profits over controlling online content on its various platforms, including Instagram. 

Haugen testified before the Senate Commerce Subcommittee on Consumer Protection a day after Facebook had encountered hourslong technical issues that left millions of users wondering why they could not access the site and its other platforms such as Instagram and WhatsApp. 

“I don’t know why it went down,” Haugen said, “but I know that for more than five hours, Facebook wasn’t used to deepen divides, destabilize democracies, and make young girls and women feel bad about their bodies” with the posting of glamorous pictures of models, pop singers and Hollywood starlets. 

Democratic and Republican lawmakers, in a rare show of political unanimity in Washington, quickly castigated Facebook and panned Zuckerberg for a recent sailing trip while controversy engulfed his company. They promised to enact tighter controls on social media. 

Democratic Senator Richard Blumenthal of Connecticut contended, “The damage to self-interest and self-worth inflicted by Facebook today will haunt a generation. Our children are the ones who are victims. Teens today looking in the mirror feel doubt and insecurity. Mark Zuckerberg ought to be looking at himself in the mirror.” 

He said, “Big Tech now faces the Big Tobacco jaw-dropping moment of truth.” 

Republican Senator Marsha Blackburn of Tennessee declared that Facebook “is not interested in making significant changes to improve kids’ safety on their platforms, at least not when that would result in losing eyeballs on posts or decreasing their ad revenues.” 

“It is clear that Facebook prioritizes profit over the well-being of children and all users,” she said. 

Other lawmakers accused Facebook of helping to foment the January 6 riot at the U.S. Capitol, when hundreds of supporters of former President Donald Trump stormed into the building to try to prevent lawmakers from declaring that Democrat Joe Biden had won last November’s election. 

Democratic Senator Amy Klobuchar of Minnesota said, “When they allowed 99% of violent content to remain unchecked on their platform, including the lead-up to the January 6 insurrection, what did they do? Now we know Mark Zuckerberg was going sailing.” 

While the hearing was ongoing, Facebook pushed back against Haugen and the onslaught of criticism. It said in a statement that Haugen had no other Facebook employees who reported to her, had never attended a decision-making meeting with top Facebook officials, and had acknowledged in her testimony at least six times she was being asked questions about aspects of the company she had not worked on. 

“We don’t agree with her characterization of the many issues she testified about,” Facebook said. 

“Despite all this,” Facebook said, “we agree on one thing; it’s time to begin to create standard rules for the internet. It’s been 25 years since the rules for the internet have been updated, and instead of expecting the industry to make societal decisions that belong to legislators, it is time for Congress to act.”

Haugen acknowledged that she was the one who provided the documents used in a Wall Street Journal investigation of Facebook. 

Some information for this report came from Reuters. 

 
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Facebook took another pounding in the U.S. Congress on Tuesday and a senator called on federal regulators to investigate accusations by a whistleblower that the company pushed for higher profits while being cavalier about user safety.

In an opening statement to a Senate Commerce subcommittee, chair Senator Richard Blumenthal, a Democrat, said that Facebook knew that its products were addictive, like cigarettes. “Tech now faces that big tobacco jawdropping moment of truth,” he said.

He called for Facebook CEO Mark Zuckerberg to testify before the committee, and for the Securities and Exchange Commission and Federal Trade Commission to investigate the social media company.

“Our children are the ones who are victims. Teens today looking in the mirror feel doubt and insecurity. Mark Zuckerberg ought to be looking at himself in the mirror,” Blumenthal said, adding that Zuckerberg instead was going sailing.

In an era when bipartisanship is rare on Capitol Hill, lawmakers on both sides of the aisle agreed on the need for big changes at Facebook.

The top Republican on the subcommittee, Marsha Blackburn, said that Facebook turned a blind eye to children below age 13 on its sites. “It is clear that Facebook prioritizes profit over the well-being of children and all users.”

Facebook spokesman Kevin McAlister said in an email ahead of the hearing that the company sees protecting its community as more important than maximizing profits and said it was not accurate that leaked internal research demonstrated that Instagram was “toxic” for teenage girls.

Frances Haugen, a former product manager on Facebook’s civic misinformation team, said the company keeps its algorithms and operations a secret.

“The core of the issue is that no one can understand Facebook’s destructive choices better than Facebook, because only Facebook gets to look under the hood,” she said in written testimony prepared for the hearing.

“A critical starting point for effective regulation is transparency,” she said in testimony to be delivered to the subcommittee. “On this foundation, we can build sensible rules and standards to address consumer harms, illegal content, data protection, anticompetitive practices, algorithmic systems and more.”

Haugen revealed she was the one who provided documents used in a Wall Street Journal investigation and a Senate hearing on Instagram’s harm to teenage girls.

The Journal’s stories showed the company contributed to increased polarization online when it made changes to its content algorithm; failed to take steps to reduce vaccine hesitancy; and was aware that Instagram harmed the mental health of teenage girls.

Haugen said Facebook had also done too little to prevent its site from being used by people planning violence.

Facebook was used by people planning mass killings in Myanmar and the Jan. 6 assault on the U.S. Capitol by supporters of then-President Donald Trump who were determined to toss out the 2020 election results.
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