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Technology
HashiCorp Aiming For $13 Billion Valuation In IPO, According To Updated Prospectus
Cloud software vendor HashiCorp updated its IPO prospectus on Monday, disclosing plans to sell shares at a price…
BMW Unveils High-Performance XM Hybrid Electric Concept Vehicle Ahead Of U.S.…
BMW on Monday evening unveiled a new high-performance concept vehicle that previews an electrified crossover…
Twitter Has Accepted All Our Conditions – FG
The Federal Government says Twitter has agreed to all the conditions it laid out for its operations in Nigeria.…
ByteDance Backs Dubai Startup Building Logistics Chain to China
TikTok parent ByteDance Ltd. has invested in Dubai-based iMile Delivery LLC as part…
NCC To Conduct 5G Trial Thursday
The Nigerian Communications Commission says it is set for the second trial of 5G in Nigeria.
According to the…
Shock As Jack Dorsey Twitter CEO Steps Down
Jack Dorsey Twitter CEO steps down from his duty as the company’s CEO.
Dorsey, 45, who is also the CEO of Square…
UK Regulator Set To Block Meta’s Giphy Deal
The UK competition regulator is expected to block Meta Platforms' acquisition of online GIF platform Giphy in the…
U.S. Commerce Chief To Make Pitch For Chips Funding In Michigan
U.S. Commerce Secretary Gina Raimondo will on Monday make a pitch in Michigan for Congress to approve $52 billion…
Broadband Subscriptions Drop By 9.8m Million Over Vandalism, Others
Broadband subscriptions dropped from 85.94 million recorded in December 2020 to 76.15 million in October 2021,…
With 49% Foreign Ownership, Nigeria Air Starts Operations April 2022
The proposed national carrier will begin flight in April next year, the Minister of Aviation, Hadi Sirika, has…
Nigeria’s OnePipe Raises $3.5M To Double Down On Its Embedded Finance Offering
Last year, fintech API infrastructure players came into the African tech scene, ushering in Plaid-like services to…
Afterpay Unveils BNPL Subscription Offering For US Customers
“Buy now, pay later” company Afterpay announced Wednesday that it was going after the $1.5 trillion global…
5G spectrum: NCC Extends Deadline For Submission Of Bids Over Flight Delays
The Nigerian Communications Commission (NCC) has extended the deadline for the submission of bids and initial bid…
Samsung Plans To Build A $17 Billion Chip Plant In Texas
Samsung is planning to build a $17 billion semiconductor factory in Taylor near Austin, Texas, over the next…
Investor Warburg Cuts Ant Valuation By 15% To Below $200 Bln – Source
Warburg Pincus, a major global investor in Ant Group, has cut its valuation of the Chinese fintech company by 15%…
Apple Sues Israeli Spyware Maker NSO Group Over IPhone Attacks
Apple is suing Israeli spyware firm NSO Group and its parent company for allegedly targeting iPhone users with a…
India Announces Bill To Ban Cryptocurrencies
India’s government will introduce a bill to ban private cryptocurrencies and create a framework for a central…
Musk Chides Binance CEO On Dogecoin Glitch
Tesla founder Elon Musk on Tuesday delivered a stinging rebuke to Binance Chief Executive Changpeng Zhao on Twitter…
ENaira’ll Work With Other Countries’ Digital Currencies – CBN
The Central Bank of Nigeria has said that the implementation of the country’s digital currency will be done in four…
Pokemon Go Creator Niantic Valued At $9 Bln After Coatue’s Investment
Niantic Inc, the augmented reality (AR) platform behind Pokemon Go, raised $300 million from hedge fund Coatue at a…
Zoom Shares Fall After Results As Wall Street Turns Cautious On Growth
Zoom Video Communications Inc's third-quarter revenue growth rate slowed to 35% as demand for its…
Italy’s Antitrust Fines Amazon, Apple More Than 200 Mln Euros For Alleged…
Italy's antitrust authority has fined U.S. tech giants Amazon and Apple a total of more than 200 million euros…
Chinese Tech Giant NetEase Launches $500 Million Hong Kong IPO For Its Music…
NetEase has launched the Hong Kong initial public offering (IPO) of its music business Cloud Village which…
Canada Approves Pfizer-BioNTech Jab For Kids From Age 5
Canada has approved the Pfizer-BioNTech coronavirus vaccine for children between the ages of five and 11.
It’s…
El Salvador President Plans ‘Bitcoin City’ Financed By Crypto Bonds
President Nayib Bukele said El Salvador plans to build the world’s first “Bitcoin City”, powered by a volcano and…
UK To Require Charge Points For Electric Vehicles In New Buildings
Charging points for electric vehicles will be required to be installed in new buildings in Britain from next year…
India Police Charge Amazon Execs In Alleged Marijuana Smuggling Case
Indian police said on Saturday they had charged senior executives of Amazon's local unit under narcotics laws in a…
Playtech Investor Gopher Pulls Out Of Potential Takeover Battle
Gopher Investments, the No.2 shareholder in Playtech, walked away from a potential three-way takeover battle for…
China Evergrande EV Unit To Raise $347 Mln From Share Sale To Fund Production
China Evergrande's electric vehicle division is raising about HK$2.7 billion ($347 million) from a share sale to…
China Fines Tech Giants For Failing To Report 43 Old Deals
China's market regulator on Saturday said it was fining companies including Alibaba, Baidu and JD.com for failing…