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Technology
Facebook Faces $3.2 Bln UK Class Action Over Market Dominance
Social media giant Facebook, now known as Meta Platforms, faces a 2.3 billion pound plus ($3.2 billion plus) class…
Tesla Merchandise Buyable Using Dogecoin, Musk Says In Tweet
Tesla merchandise can be bought using the digital currency dogecoin, the electric-car maker's Chief Executive…
Microsoft Invests $50 Million In Alcohol-To-Jet Fuel Biorefinery
Microsoft (MSFT.O) is investing $50 million in a LanzaJet facility in Georgia that will produce jet fuel from…
Microsoft Has Stopped Making Xbox One Consoles – The Verge
Microsoft Corp has stopped manufacturing all Xbox One consoles to focus on producing its next-generation consoles,…
FG Lifts Suspension On Twitter Operations
President Muhammadu Buhari has approved the lifting of the suspension on the Twitter operations in Nigeria.
The…
Germany Doesn’t Rule Out Closing Telegram – Interior Minister
Germany could shut down Telegram if the messenger service popular with far-right groups and people opposed to…
Venture Capital Firm Kleiner Perkins Raises $1.8 Bln Via Two New Funds
Venture capital firm Kleiner Perkins said on Tuesday it had raised $1.8 billion through two new funds, as it aims…
French Refurbished Smartphone Seller Back Market Valued At $5.7 Bln
Back Market, the French marketplace dedicated to refurbished smartphones and electronic devices, said on Tuesday it…
Israeli Security Startup Pentera Raises $150 Mln In Funding Round, Eyes IPO
Israeli cybersecurity firm Pentera has raised $150 million in its latest funding round, taking the company's value…
Gmail Hits 10 Billion Installs On Android, Becomes Fourth To Surpass Milestone
Total number of Gmail app installations has surpassed 10 billion on android, emerging the fourth app on Google play…
Israel’s One Zero Digital Bank Gains Full Licence
One Zero Digital Bank has received final regulatory approval for a full banking licence, the Bank of Israel said on…
Sonos Wins Google Import Ban Ruling In U.S. Patent Fight
A U.S. trade court barred Google late Thursday from importing products that infringe home-audio company Sonos'…
Goldman-Backed Digital Bank Starling Boycotts Meta Over Scam Ads
British digital bank Starling says it is boycotting Facebook parent company Meta over its failure to tackle…
Google Acquires Israel-Based Cybersecurity Startup, Siemplify For $500 Million
American multinational technology company, Google has acquired Siemplify, an Israel-based cybersecurity startup…
Google To Improve ‘Android To Windows PC’ Integration
Google has announced it is investing in more helpful ways to make android and windows PC devices work better.…
Tech Company STMicro Reports Higher Than Expected Q4 Sales, Lifting Its Shares
Franco-Italian chipmaker STMicroelectronics said its preliminary fourth-quarter revenues were slightly above the…
GameStop Shares Surge On Plan To Enter NFT, Crypto Markets
GameStop Corp is launching a division to develop a marketplace for nonfungible tokens (NFTs) and establish…
FG: Amazon, AliExpress to pay 6% tax on profits made from Nigerian customers
Nigerian FG says non-resident companies are mandated to remit 6% of turnover from digital services provided to…
Meta Sets Out Grounds For UK Appeal On Giphy
Facebook-owner Meta has applied to appeal a British competition watchdog ruling that it must sell Giphy on grounds…
Tencent’s WeChat Mini Daily Users In China Grew 13% To 450 Million Last Year
Tencent Holdings' (0700.HK) Weixin, China's dominant messaging app which is known as WeChat outside the country,…
Tencent Raises $3 Bln By Trimming Stake In Shoppee-Owner Sea
Chinese gaming and social media company Tencent Holdings Ltd (0700.HK) has raised $3 billion by selling 14.5…
China’s Market Regulator Fines Alibaba, Tencent For Failing To Report Deals
China's top market regulator said on Wednesday it has fined units of Alibaba Group Holding Ltd (9988.HK), Tencent…
Foxconn India iPhone Plant Extends Closure, Workers’ Hostels Inspected…
A Foxconn iPhone factory in India at the center of a mass food-poisoning incident will extend a week closure by…
China Central Bank Launches Digital Yuan Wallet Apps For Android, iOS
China has released pilot versions of its digital yuan wallet application on mobile phone app stores as the…
Apple Makes History, Hits $3trn Market Capitalisation
Apple Inc. yesterday became the first company with a $3 trillion stock market value. Lifted by investors’…
We Paid Out Over N240bn To Customers In 2021 – PiggyVest
PiggyVest, a savings and investment platform, says over N242 billion was paid to 3.5 million customers in 2021.…
With 200 Deals, Nigeria Tops List Of Beneficiaries Of $5bn Investments
Nigeria tops the list of African countries that benefitted from the $5 billion raised by Africa’s technology…
Defensives And Tech Lend Support To STOXX
On the last full trading day of the year in Europe, investors are opting for a defensive allocation with sectors…
IPhone 14 Series To Ditch Physical SIM Card Slot In Favour Of ESIM – Report
Apple is preparing to bring its new iPhone models without a physical SIM card slot starting September 2022,…
The World’s Largest Crypto Exchange Binance Is Trying To Woo France
Crypto giant Binance is bolstering its presence in France after a choppy year of regulatory scrutiny.
The…