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Technology
In Nigeria’s Second 5G Licensing Round, Airtel was the Only Bidder.
Following the failure of another company to pay a deposit required to continue the auction, Airtel Africa (AAF. L)…
NITDA says Nigeria can Earn 40billion from the Tech Sector.
Nigeria currently has a competitive advantage to become the global talent factory in the tech sector with the…
435,000 Tesla Vehicles in China will Receive Software Updates Due to a Marker…
A regulatory body announced that Tesla Inc (TSLA. O) will release software updates for more than 435,000 vehicles…
Two Swiss Fintechs are Funded by J.P. Morgan Private Bank.
According to a statement released, J.P. Morgan Private Bank has invested in two Swiss fintech firms that…
3 Kenyan Businesses Received Billions from the Defunct US Crypto Firm FTX.
Regulatory filings and court documents reveal that Sam Bankman-$32 Fried's billion crypto empire, which collapsed,…
NCC’s 5G Spectrum Auction: Stakeholders Reject Airtels $273 Pricing.
According to Airtel Africa, the Nigerian Communications Commission (NCC) should reserve a spot in the 3. 5GHz…
Telcos are Outraged as MTN Seeks a Second 5G License.
Telecommunications companies have expressed their opposition to MTN Nigeria's request to participate in the…
Google Receives $392 million in Fines from the US
Google and 40 US states reached a landmark privacy settlement on Monday after the search engine giant was accused…
Egyptian Fintech Equity and Financing Round Led by EIIC and Sawari
The Egyptian finance firm, Blnk, formed in 2021 by Amr Sultan and Tarek Elsheikh, has revealed that it has earned…
Visa and FTX have Ended their Global Debit Card Arrangements.
The largest payment processor in the world, Visa Inc (V.N), said that it was terminating its global credit card…
$6 million will be Invested in AfyA Care by CardinalStone Capital Advisors.
AfyA Care's Series A capital round will include a $6 million investment from CardinalStone Capital Advisers (CCA);…
BREAKING: Meta Lay Offs Over 11,000 Employees
In one of the year's largest layoffs, Meta Platforms Inc. (META.O) announced that it will eliminate more than…
As Investment Slows, Tech Employees might Lose their Jobs.
Tech firms around the world are having trouble raising money. According to research, investments in the Nigerian…
According to Reports, Musk Intends to Finalize the Twitter Deal.
In a video conference call with bankers who are helping to finance the deal, Elon Musk promised to close his $44…
Roughly Three-quarter of Twitter’s Staff Will be Laid Off.
The Washington Post stated that a $44 billion purchase of Twitter by billionaire Elon Musk may result in a wave of…
First Public Flight of Chinese “Flying Car” Takes Place in Dubai.
In an effort to introduce its electric aircraft to global markets, Chinese electronic vehicle manufacturer Xpeng…
Google Commits Over $200million To Nigeria and Other Africa Countries.
In the past year, Google has invested well over $200 million in Nigeria and other countries in Africa. This was…
Banking Sector Disruption: Fintechs Will Continue To Be Guided By CBN, Says…
Financial technology (fintech) businesses, according to CBN Governor Godwin Emefiele, are upending the banking…
NATO Worries About Russian Plans to Test Belgorod Poseidon Nuclear Torpedo.
Initially intended to be a Project 949A Antey submarine, the nuclear submarine BS-329 Belgorod came to live. The…
Musk Introduces a Humanoid Robot.
Elon Musk, the founder of Tesla and SpaceX, unveiled a prototype robot dubbed "Optimus"; that will likely be…
Kenya Will Stop Using Diesel and Gasoline Trucks and Adopt Green Transportation.
Kenya Power plans to buy additional electric vehicles, including two-wheelers and three-wheelers; in the near…
Tanzania intends to purchase a freight plane.
With intentions to use Kilimanjaro International Airport (KIA) as a key airport for cargo landing; the Tanzanian…
Air Canada Purchases Aircraft From Heart Aerospace In An Effort To Combat Climate…
As more airlines adopt cutting-edge technologies to save pollution and fuel costs, Air Canada (AC. TO) announced…
Toyota’s Upcoming Vehicle Release In October Will Be Hampered By Chip…
In October of last year, when the COVID-19 epidemic caused supply components in Southeast Asia to be in…
Microsoft Declares A 10% Dividend Increase.
Microsoft is a global technology corporation; Producing personal computers, software for computers, consumer…
Tesla Claims That Its China Sales Growth Is Progressing At A Standard Rate.
After a Reuters story said that Tesla (TSLA. O) was considering closing several city center stores in its…
Adobe To Buy Figma For $20bln.
To help it expand its toolkit for creative professionals, Adobe Inc. agreed to purchase software design company…
Google Is Being Sued For $25.4billion In Damages By Dutch And UK Courts Over Its…
Following complaints from publishers, antitrust regulators have recently begun to investigate Google's adtech.
…
Google Has Confirmed That It Will Provide $4 Million To 60 Startups In Africa.
Google revealed that it had chosen 60 qualified businesses from throughout Africa. They are to receive $4 million…
Amazon, Google Slam Microsoft’s Cloud Computing Changes.
Amazon (AMZN.O) and Alphabet (GOOGL. O) unit Google criticised Microsoft's (MSFT. O) cloud computing changes,…