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Technology
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…
Number Of Professional Developers In Nigeria Increased By 6 Per Cent
The number of professional developers in Nigeria increased by six per cent to hit 84,000 in 2021 as the total…
Meta bans Russian state media from running ads on its platforms
Meta has announced the ban of Russian state media from running ads or monetizing content on its platforms. This is…
MTN Launches New Brand Identity With Simplified, Innovative Logo
The company announced its brand repositioning using a contemplative slogan — “What Are We Doing Today?” It also…
Safaricom, Ethio Telecom in talks to share towers
Safaricom is negotiating an infrastructure sharing deal with Ethiopian rival Ethio Telecom.
As it prepares…
MTN Ventures Into Metaverse
The Group, owner of its Nigerian subsidiary, MTN Nigeria Plc disclosed in a statement that it now owns 144 plots of…
Nigeria exports software to other African countries, says NOTAP
The Director-General of the National Office for Technology Acquisition and Promotion, DanAzumi Ibrahim, has said…
Trump’s Truth Social Downloaded 170k Times On Apple App Store
Donald Trump's Truth Social app was downloaded 170,000 times on Apple Inc's App Store since its launch last Sunday…
Tesla Get Another Lawsuit From Ex Worker Over Racism
A former Tesla construction manager has filed a lawsuit against the electric car company alleging he was fired for…
Hybrid Work Trend Drives PC Maker Lenovo’s Q3 Profit To Record 62% Growth
Third-quarter profit jumped 62% to an all-time high of $640 million at China's Lenovo Group (0992.HK), the world's…
Axie Infinity Surpasses $4 Billion In All-Time NFT Sales
Popular Play-to-Earn (P2E) blockchain game, Axie Infinity, created by the Vietnamese software studio, Sky Mavis,…
Apple Shareholder ISS Urges To Vote Against CEO Cook’s Bonus
Proxy advisory firm Institutional Shareholder Services (ISS) urged Apple Incinvestors to vote against Chief…
Flutterwave Now Worth Above $3bn After Securing Fresh $250m Funding
Flutterwave says it has raised another $250 million in Series D funding, valuing the company at over $3 billion as…