Monthly Archives: October 2022

Dispute between founders and board leaves Capiter in arrears to employees and creditors

Last month, Egyptian B2B e-commerce platform Capiter made headlines after founders Mahmoud Nouh and Ahmed Nouh were ousted by its board as CEO and COO. The reasons were unclear, as both parties didn’t publicly comment on the situation; however, from various local news outlets, they ranged from mismanagement of funds to failure to report to…

Facebook’s identity crisis is costing Zuckerberg billions, and he’s ok with it

Meta CEO Mark Zuckerberg said the company is committed to the metaverse. Facebook/Meta Meta expects “significantly” higher losses for the Reality Labs unit handling the development of the metaverse. CEO Mark Zuckerberg said Wednesday that investors who are patient will “end up being rewarded.”  Meta’s share price slumped nearly 20% to $104.30 in after-hours trade,…

China is going full ‘Black Mirror,’ showing off a robot dog that’s mounted with a machine gun and can be deployed via drone

Kestrel Defense Blood-Wing posted a video on its Twitter-like Weibo account, showing how its gun-mounted dog can be deposited on a roof via drone. Kestrel Defense Blood-Wing A private military defense contractor in China is going full “Black Mirror” with its latest offering. The company posted a video on Weibo showing a machine-gun mounted robot…

Apple iPad 10.2 (9th gen) vs iPad 10.2 (8th gen): What’s the difference?

Apple revealed the 9th generation of its standard entry-level iPad in September 2021, alongside a new iPad mini. While the iPad mini got a design refresh however, the standard iPad’s upgrades were focused on internal improvements and extra features. In October 2022, the standard iPad did get a design refresh however, and you can see…