Tag Archives: Digital technology

11Aug/22

Scam loan apps extorting Mexicans thrive in Google Play Store

  • Menacing messages, threats spiral along with debt
  • Legal loophole creates Wild West for lending apps
  • Complaints mount but regulators powerless to act

By Diana Baptista and Avi Asher -Schapiro

MEXICO CITY, Aug 11 (Thomson Reuters Foundation) – A week after Pedro Figueroa borrowed 10,000 pesos ($500) from José Cash, a popular Mexican lending app, the barrage of online abuse began.

A slew of WhatsApp messages swamped his phone, threatening harm – to him and his reputation – if he did not pay. Continue reading

13Jul/22

Startups eye metaverse, NFTs, to solve Africa’s economic woes

  • Startups target unemployment and governance issues
  • Founders launch virtual African nation, marketplace
  • Critics fear replication of continent’s inequalities

By Kim Harrisberg

JOHANNESBURG, July 13 (Thomson Reuters Foundation) – It might sound like science fiction, but a Nigerian-born tech entrepreneur thinks he has found a way for Africans to escape problems like inequality and bad governance – a virtual nation born online.
Continue reading

04Jul/22

Oracle Becomes First Hyperscaler to Open a Cloud Region in Mexico

Oracle today announced the opening of the first Oracle Cloud Infrastructure (OCI) region in Mexico, becoming the first major cloud provider to establish a dedicated cloud region in the country. The new region in the state of Querétaro will give Oracle’s Mexico-based customers, partners, and developers access to a wide range of cloud services with built-in security, disaster recovery, and industry-leading price-performance. Continue reading