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Olympics tech firm posts $3.7bn loss

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Debt-ridden French IT group, Atos, the cybersecurity and data provider for the Paris Olympics, posted a huge annual loss Tuesday but vowed that its troubles would not disrupt the Games.

The firm will transmit Olympic and Paralympic game results nearly instantaneously to broadcasters and media during the summer events.

Atos, the International Olympic Committee’s technology partner since the Salt Lake City winter games in 2002, is in charge of managing more than 300,000 accreditations.

The company, according to an AFP report on Tuesday, posted a net loss of 3.4 billion euros ($3.7 billion) for 2023 due to asset writedowns and said it was aiming for a debt restructuring by July.

Atos has to repay or refinance 3.65 billion euros of loans and bonds maturing by the end of 2025.

“There are no concerns about the Olympic Games,” Atos chief executive Paul Saleh said in a telephone conference.

“We have just completed a test phase on the operational level which was extraordinarily well received by everyone,” Saleh said.

– ‘Complete confidence’ –

The Olympics organising committee said last week that it had “complete confidence in the Atos teams … to honour the contract which binds them” to the IOC and the Paris Games.

Atos’ cybersecurity arm, Eviden, will provide cybersecurity to the entire information system for the Games, the Olympic sites, personnel and volunteers.

Organisers expect the Olympics, which will take place from July 26 to August 11, to be the target of cyberattacks.

The company, which employs 95,000 people, will have 300 staff dedicated to the Games, providing round-the-clock services during the event.

To ease concerns, Atos has organised a media visit to its Technology Operations Centre, which the company describes as “the control and command centre for technology that supervises all 63 Olympic and Paralympic competition and non-competition venues.”

Atos is also in charge of integrating other tech partners such as phone company Orange, digital services company Intel, telecoms equipment provider Cisco, timekeeper Omega and audio-video company Panasonic.

Concerns about the company’s future grew last week when talks to sell its big data and security operations to European aerospace giant Airbus for 1.5 billion to 1.8 billion euros broke down.

In February, Atos failed to reach an agreement to sell some of its operations to Czech businessman Daniel Kretinsky.

Saleh said in Tuesday’s results statement that Atos was “in discussions with our financial creditors with a view to reaching a refinancing plan by July within the framework of an amicable conciliation procedure”.

“Our operating margin has improved year over year, reflecting the execution of our cost improvement plans, while our cash flow was impacted by workforce optimisation, separation costs and lower working capital actions,” he said.

AFP

US state bans children under 14 from having social media accounts

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Florida State Governor, Ron DeSantis signed a bill on Monday that will prohibit children younger than 14 from joining social media in the state, reports NBC News.

According to the report, those who are 14 or 15 will need a parent’s consent before they join a platform.

The bill, HB3, also directs social media companies to delete the existing accounts of those who are under 14. 

Companies that fail to do so could be sued on behalf of the child who creates an account on the platform. The minor could be awarded up to $10,000 in damages, according to the bill. 

Companies found to be in violation of the law would also be liable for up to $50,000 per violation, as well as attorney’s fees and court costs.

“Ultimately, [we’re] trying to help parents navigate this very difficult terrain that we have now with raising kids, and so I appreciate the work that’s been put in,” DeSantis said in remarks during the bill-signing ceremony.

DeSantis previously vetoed a more restrictive version of the bill that would have banned social media accounts for kids under 16. That bill also required Florida residents to submit an ID or other identifying materials in order to join social media.

HB3, which is slated to take effect in January 2025, comes as efforts to regulate social media continue to ramp up across the U.S. amid concerns from some parents that the platforms don’t do enough to keep their kids safe online.

In December, more than 200 organisations sent a letter urging Senate Majority Leader Chuck Schumer, D-N.Y., to schedule a vote on the Kids Online Safety Act, or KOSA, which seeks to create liability, or a “duty of care,” for apps and online platforms that recommend content to minors that can negatively affect their mental health.

In January, lawmakers grilled CEOs from TikTok, X and Meta about online child safety. The tech executives reaffirmed their commitment to child safety, and pointed to various tools they offer as examples of how they are proactive about preventing exploitation online.

Florida House Speaker Paul Renner and other advocates of the new law argue that social media use can harm children’s mental health and can lead to sexual predators communicating with minors.

“None of us can afford to be on the sidelines when it comes to social media,” Renner said in remarks made at the bill signing.

Several states that have enacted similar laws to limit teen social media — including Ohio and Arkansas — have been challenged by NetChoice LLC, a coalition of social media platforms whose members include Meta, Google and X, among others.

Florida’s law is also expected to face legal challenges over claims that it violates the First Amendment.

“We’re disappointed to see Gov. DeSantis sign onto this route,” Carl Szabo, vice president and general counsel for NetChoice, said in an email statement, calling the law “unconstitutional.” 

“There are better ways to keep Floridians, their families and their data safe and secure online without violating their freedoms.”

Both DeSantis and Renner alluded in their remarks to the potential legal hurdles ahead.

“You will not find a line in this bill that addresses good speech or bad speech because that would violate the First Amendment,” Renner said. 

“We’ve not addressed that at all. What we have addressed is the addictive features that are at the heart of why children stay on these platforms for hours and hours on end.”

He specifically called out NetChoice, saying, “We’re going to beat them, and we’re never ever going to stop.”

DeSantis argued the bill is constitutionally sound.

“Any time I see a bill, if I don’t think it’s constitutional, I veto it,” he said. He described the bill as “a fair application of the law and Constitution.”

Seven Chadian soldiers killed in landmine

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Seven Chadian soldiers were killed when their vehicle hit a landmine in a lawless region where jihadist groups including Nigeria’s Boko Haram and an Islamic State offshoot are active.

President Mahamat Idriss Deby Itno said several other soldiers were injured in Monday’s blast in Tchoukou Telia in the restive Lake Chad region, about 200 kilometres (125 miles) from the capital N’Djamena.

“Their vehicle struck a mine while they were patrolling,” he said. “Seven soldiers were killed and several others injured”.

According to AFP report on Tuesday, Deby Itno took power after his father Idriss Deby Itno, who ruled Chad with an iron fist for more than 30 years, died in 2021 while fighting rebels.

He is a candidate in a May 6 presidential election and faces no real challenge as authorities this weekend barred 10 candidates, including two fierce opponents of the military regime, from standing.

The Chadian army regularly kills or captures jihadists in the Lake Chad region but also suffers losses though this has considerably decreased over the past year.

Lake Chad, a vast expanse of water and marshland, straddles the borders of Nigeria, Niger, Cameroon and Chad.

It has been the site of frequent attacks from fighters from Boko Haram as well as Islamic State West Africa Province (ISWAP).

AFP

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Diri appoints SSG, three others

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Bayelsa State Governor, Douye Diri, has approved the appointment of Nimibofa Ayawei as Secretary to the State Government.

Diri also named Peter Akpe as the Chief of Staff. Akpe was the Deputy Chief of Staff and later appointed acting Chief of Staff in the governor’s first term.

The appointments were announced in a statement issued by the governor’s Chief Press Secretary, Mr Daniel Alabrah, on Monday in Yenagoa, the state capital.

The statement added that Irorodamie Komonibo had been appointed as the new Deputy Chief of Staff, Government House, while Alabrah retained his position as CPS.

Komonibo was the Principal Secretary to the Governor in his first tenure.

 

According to the statement, the appointments were with immediate effect.

 

Until this new appointment, Ayawei was the Executive Chairman of the Bayelsa State Board of Internal Revenue, a position he has occupied since 2016.

Ayawei was also a former Commissioner for Housing and Rural Development and had served as a lawmaker in the House of Assembly representing Southern Ijaw Constituency 4.

He has also held the position of General Manager/Chief Executive Officer of the Bayelsa State Housing and Property Development Authority, among other positions in the state.

These are the first set of official appointments approved by the governor about 40 days after his second-term inauguration on February 14, 2024.

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Mamu rejects terrorism financing allegation, demands retraction

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The publisher of Kaduna-based Desert Herald Newspaper, Tukur Mamu, has written to the Attorney General of the Federation, demanding a retraction for profiling and designating him as a terrorist financier.

This was contained in a letter dated March 25, 2024, written on his behalf by his lawyer, J.J. Usman (SAN), addressed to the AGF, which acknowledged copy was sighted by our correspondent in Kaduna on Tuesday.

The According reports that the Federal Government unveiled the identity of 15 entities, including nine individuals and six Bureau De Change operators and firms, allegedly involved in terrorism financing.

Details of the development were revealed by the Nigerian Financial Intelligence Unit in an email sent to The According entitled “Designation of Individuals and Entities for March 18, 2024.”

However, counsel for Mamu, who has been in detention since 2022, noted that the “Nigerian Sanctions Committee lacks the statutory mandate to pronounce on, and to designate Mr. Tukur Mohammed Mamu as a terrorist financier.”

Consequently, according to the letter, a seven-day ultimatum was handed down for the retraction of Mamu as a terrorist financier to prevent litigation.

The lawyer noted that the office of the AGF is currently prosecuting his client on allegations concerning terrorism.

He said it was “lamentable that  while the case was still pending in court, the social media was saturated by a publication allegedly emanating from and authorised by your good office.”

The letter partly read, “However, the said publication was specifically made by the ‘Nigerian Sanctions Committee’ wherein our client was profiled and designated as a terrorist financier.

“As at the time of this missive, no court of competent jurisdiction in Nigeria has designated our client as such.

“It is a common knowledge that the administration of the criminal justice system in Nigeria is not only antithetic to, but forbids media trial in whatever guise.

“We vehemently condemn the actions of the Nigerian Sanctions Committee same being a violation of the rule of natural justice and prejudicial to our client who is undergoing trial, and whose trial is still pending in Suit FHCIABJ/CR/96/2023

“The Nigerian Sanctions Committee lacks the statutory mandate to pronounce on, and to designate Mr Tukur Mohammed Mamu as a terrorist financier; even when it is a notorious fact that Mr Tukur Mohammed Mamu is undergoing trial. It is so, particularly that the court has not made any pronouncement detailing him to be one.

“Based on the aforesaid, we demand in very clear and unequivocal terms, the immediate retraction of the said publication within seven days from the receipt of this letter dated 25h March 2024.

“Failure to comply with our client’s demand. we will have no hesitation in seeking redress in the court of law for the ventilation of our client’s grievances.”

VIDEO: Rain washes away newly-constructed Anambra road

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A viral video on Monday night showed how heavy rain washed away the newly-built Ochanja Market Road in Anambra State.

The road was said to have been inaugurated by the state government about a week ago.

Shared by a user, chude_, the video revealed the road’s asphalt coating displaced, scattered pieces, and waterlogged areas.

Chude captioned the video, “When we complain e go be like say we too dey talk, just one rainfall, look at Soludo’s road.

“This is the same Ochanja-Iweka Road they were celebrating its newly constructed needless roundabout some weeks ago. Shame dey catch me.

“Just look at the state of the road after just one rainfall. What exactly did we do to deserve this #CCSoludo?”

Ochanja Market is located in the Woliwo community in Onitsha South, Anambra State.

 

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US bridge collapses after ship collision

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The Francis Scott Key Bridge in the US city of Baltimore collapsed after a ship collided with it, the Maryland Transportation Authority said early Tuesday.

“I-695 Key Bridge collapse due to ship strike,” the MTA posted on social media platform X, referring to the interstate highway. It urged drivers to avoid the route over the Patapsco River, which it called an “active scene”.

Earlier, the MTA had said interstate lanes in both directions were closed due to an “incident” on the bridge and that traffic was being redirected.

A police spokesperson from the Baltimore Police Department told NBC News that people were possibly in the river.

“I can confirm at 1:35 a.m., Baltimore City police were notified of a partial bridge collapse, with workers possibly in the water, at the Francis Scott Key Bridge,” Detective Niki Fennoy said in a statement.

Ship monitoring website MarineTraffic showed a Singapore-flagged container ship called the Dali stopped under the bridge early Tuesday.

Baltimore Mayor Brandon Scoot and Baltimore County Executive Johnny Olszewski Jr both said they were aware of the incident and that rescue efforts were underway.

“Please pray for those impacted,” Olszewski posted on X.

AFP

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Ondo APC gov aspirant, Akintelure is dead

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One of the  governorship aspirants of the All Progressives Congress in Ondo State, Paul Akintelure, is dead

Akintelure, a medical doctor, was said to have passed on in the early hours of Tuesday, during a brief illness in Lagos.

The state Publicity Secretary of the party, Mr Alex Kalejaiye, confirmed the news of his death to our correspondent.

The details of the death were yet to be revealed.

“It is true, I can confirm it. We would issue a statement about it shortly.” the APC spokesperson said

Details later…

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ICT expert urges FG to provide homegrown alternative

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An Information and Communication Technology expert, Ibrahim Olasege, has advised the Federal Government to focus on creating homegrown solutions, rather than banning naira operations on Binance without providing alternatives for Nigerians operating in cryptocurrency.

Olasege, who is a principal computer and network engineer at Dots ICT Institute of Technology, Abeokuta, Ogun State, noted that by developing homegrown solutions, Nigeria can ensure that it is not beholden to foreign companies like Binance, which may have its agenda and priorities.

Olasege, who is also a security consultant, in a statement made available to our correspondent on Tuesday, stressed that Nigeria’s quest to build homegrown solutions for its fintech sector is not to only protect local businesses and consumers but also to safeguard the nation’s sovereignty.

While noting that companies like Binance have brought innovation and investment, Olasege noted that it has been criticised for not fully understanding or respecting the needs and concerns of Nigerian consumers and businesses.

“By developing homegrown solutions, we can create products and services that are tailored to the unique needs of our people and our economy.

“We can create platforms that are more secure, transparent and trustworthy than those offered by foreign companies,” he noted.

The ICT expert also argued that developing homegrown solutions would benefit the nation’s economy.

He added, “By creating jobs and opportunities for local entrepreneurs, the digital economy could be a powerful engine for growth and development.

“We can create a virtuous cycle where the digital economy benefits all Nigerians, not just a few big companies based in other countries.

“We want the world to see Nigeria as a leader in the digital economy, not just a follower. By developing our solutions, we can show that we are a country that is innovative, forward-thinking and capable of taking charge of its destiny.

“Developing homegrown solutions would not be easy, and it would require significant investment and commitment from both the public and private sectors. But the benefits would be well worth the effort, and it is an opportunity that Nigeria could not afford to miss at this point.”

The FG had demanded almost $10 billion in compensation from Binance for manipulating foreign exchange rates via currency speculation and rate fixing on its platform.

However, the FG, on Monday, contacted the International Criminal Police Organisation and issued an arrest warrant for the apprehension of one of the detained executives of a global crypto-currency firm, Binance, Nadeem Anjarwalla, who escaped from lawful custody on Friday.

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Despite the government’s stance, Nigeria remains one of the world’s biggest crypto markets.

A Chainalysis report in September 2023 revealed that Nigeria’s crypto transaction volume grew by nine per cent year-on-year, reaching $56.7bn between July 2022 and June 2023.

Abia sets up task force to tackle touting 

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The Abia State Government has approved the setting up of a unified task force to handle the enforcement of government policies and initiatives for the state and local government areas.

The state Commissioner for Information and Culture, Okey Kanu, disclosed this while briefing journalists at the Government House in Umuahia, the state capital, on the outcome of this week’s Executive Council meeting chaired by Governor Alex Otti on Monday.

Kanu said with the coming on board of the task force, touting and harassment of citizens would become a thing of the past in the state, adding that the task force would have coordinators with responsibilities.

The commissioner further disclosed that the state government is set to hold a retreat for members of the task force ahead of their formal inauguration by the state government.

He said the task force members would be drawn from various Ministries, Departments and Agencies and the LGs in the metropolis.

“There will be a retreat later in the week for the take-off of the unified task force being sponsored by the state government. That is the one-stop-taskforce that will handle all issues of enforcement and government initiatives across the state.

“Once they are in place, every issue about touting and unnecessary harassment of Abia citizens and residents would cease,” he said.

The commissioner also revealed that there is an initiative and partnership taking place between the state government and some scouts from Hungary, who are already in the state as the first edition of the Governor’s Unity Games among secondary schools is ongoing in Umuahia.

He said, “The partnership would lead to the establishment of an International Sports College in Abia to provide opportunities for the young talents in the various sports activities to express themselves even beyond the shores of Nigeria.

“In line with the strategic approach to governance by His Excellency and this government, almost every sector is receiving attention, and sports is very much in the frame. There are ongoing sports, and there are scouts from Hungary. They have come to scout those kids. The government wants to run sports as a business that will, at the end of the day, benefit our youths,”

Kanu used the opportunity to announce that the state gvernor would, on Tuesday, March 26, flag off the construction of the 11.5km kilometres Nunya -Eluama Road.

He said the road that would pass through some adjoining communities such as Umuebere, Umunnekwu, Amiyi Obinohia, and  Amaba would open up the areas and make it possible for farmers to transport their produce to cities.

Also contributing, the Special Adviser to the Governor on Media and Publicity, Mr. Ferdinand Ekeoma, said that the unified task force is divided into six zones with Umuahia having two and Aba with four zones.