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Technology
Verve Welcomes First Francophone Merchant Aggregator, Targets 40 New Operators
Africa’s payment technology Verve International has welcomed its first francophone e-commerce and merchant…
Elon Musk’s Tesla Sells 75% Of Its Bitcoin Holdings
Tesla sold 75% of its Bitcoin, worth approximately $936 million, according to its Q2 earnings report.
In its…
Flutterwave Unveils Graduate-Trainee Program To Create Jobs For Young Nigerians
Flutterwave, Africa’s leading payments technology company, is officially announcing the launch of The Flutterwave…
Another Twitter Hack Hits the NFT Community
Another phishing scam has hit the non-fungible token (NFT) community, with the latest target being the twitter…
German Consumer Group Files Lawsuit Against Tesla Over Privacy Concerns, CO2 Ads.
Germany's largest consumer protection group vzbv has filed a lawsuit against Tesla (TSLA.O) in a Berlin court;…
Lawsuit Accuses Apple Of Antitrust Violations Over Apple Pay.
Apple Inc (AAPL.O) was sued in a proposed class action by payment card issuers accusing the iPhone maker; of…
Russian Court Fines Google $360 Million Over Failure To Remove Ukraine War Content
A Moscow court has fined Google $360 Million for failing to remove content concerning Russia's military…
Flutterwave Shuts Down Virtual Dollar Card Service
Fintech Flutterwave has announced plans to shut down its virtual dollar card service, known as ‘Bartercard’…
Netflix Has Named Microsoft As Partner For Its Ad-Supported Service
Netflix has named Microsoft as its partner for its ad-supported service, the companies announced…
CBN To Introduce USSD Code To Improve E-Naira
The Central Bank of Nigeria says it is set to introduce the USSD code as part of steps to improve the Central…
CBN Releases Guidelines For Digital Financial Service Awareness
The Central Bank of Nigeria has issued an exposure draft for the digital financial services awareness…
Tesla Sold 78,000 China-Made Vehicles, Up 142%
U.S. electric vehicle maker Tesla Inc (TSLA.O) sold around 78,000 China-made vehicles; preliminary estimates…
Samsung To Invest $500 Mln In Mexico, Foreign Minister Says.
Samsung Electronics will invest $500 million in Mexico in order to increase production of home appliances in the…
Google To Pay $90 Mln To Settle Legal Fight With App Developers
Alphabet Inc's Google has agreed to pay $90 million to settle a legal fight with app developers. Thi is over the…
Chinese Tech Giants Vow To Stop NFT Secondary Trading.
Chinese tech giants including Tencent Holdings (0700.HK) and Ant Group have signed a pact to stop the secondary…
GSMA Says Google, Facebook, Others Are Squeezing Telcos’ Revenue
The global body of mobile network operators, GSM Association (GSMA), has said that online service providers such…
Tesla Closes An Office As Layoff Hits Autopilot Jobs, Including Hourly Ones
Tesla (TSLA.O) has shuttered its office in San Mateo, California, and laid off roughly 200 employees. Especially…
Why Elon Musk’s Starlink Is A Big Deal For Nigeria
Elon Musk announced via a tweet that the government of Nigeria has approved Starlink as an Internet Service…
Musk Says Tesla’s New Car Factories ‘Losing Billions Of Dollars’
Tesla Inc's (TSLA.O) new car factories in Texas and Berlin are "losing billions of dollars" as they struggle to…
Samsung Australia Fined $9.7 Mln Over False Water-Resistance Claims.
Australia's competition regulator said on Thursday a court ordered the local unit of Samsung Electronics…
Telegram Hits 700 Million Users, Launches Premium Subscription-Based Service.
Telegram has stated that it is able to reach a 700 million monthly active users milestone from personal…
Tesla Under Pressure To Boost Wages To Attract Workers To German Plant.
Electric carmaker Tesla (TSLA.O) is having to raise wages to attract employees to its new manufacturing plant…
Anticipating U.S. Downturn, Elon Musk Details Tesla Staff Cuts
Elon Musk, CEO of Tesla (TSLA.O) says a 10% cut in salaried staff at the electric car maker will happen over three…
Pinterest Unveils a Range of Shopping and Advertising Updates
Pinterest has announced a range of new updates and additions as part of its second annual Pinterest Presents'…
Schneider Electric develops micro grid solutions to boost energy transition
As part of efforts to support Nigeria’s commitment towardsnet-zero carbon emission, Schneider Electric has…
FG, Huawei invest in cyber security, eGovt, 5G for 1000 civil servants
The Federal Government has signed a Memorandum of Understanding with Huawei Technologies to train 1000 civil…
5G: Telcos mull phased rollout, fear consumers’ weak purchasing power
TELECOMMUNICATION companies may delay the commercial rollout of fifth-generation technology due to the weak…
FinTechNGR targets startup growth with new platform
The FinTech Association of Nigeria has unveiled The Start-Up Marketplace – a platform designed to provide…
Wooing Intel, Italy plans $4.6 billion fund to boost chipmaking
Italy plans to set aside $4.6 billion until 2030 to boost domestic chip manufacturing.
It also seeks to attract…
Digital Payment Has Overtaken Use Of Cheques – CBK
Growth in usage of cheques has slowed down in the last decade, losing out to digital payments channels which are…