Browsing Category
Technology
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…
Ericsson Shares Fall 9% On Iraq Corruption Probe
Shares of Ericsson fell 9% on Wednesday after the Swedish telecom gear maker disclosed results of an internal…
Facebook To Pay $90 Million To Settle Privacy Lawsuit
Facebook agreed to pay $90 million to settle a decade-old privacy lawsuit accusing it of tracking users' internet…
NBS: Telcos lost 12.3m internet subscribers in 2021
Nigeria’s internet users dipped by 7.99% to 141.9 million as telecoms operators lost 12.3 million data subscribers…
India Bans 54 More Chinese Apps Over Security Concerns
Spurred by security concerns, India has blocked access to 54 mobile apps, mostly of Chinese origin, among them the…
Tesla Sold 59,845 China-Made Vehicles In January
U.S. electric vehicle maker Tesla sold 59,845 China-made vehicles in January, the China Passenger Car Association…
Apple To Raise Salary Of Its US Retail Employees
Apple Inc is raising the pay of many U.S. retail employees effective this month, Bloomberg News reported on Friday.…
MTN Pays $253.86 Million Balance To NCC For 5G Licence
MTN Nigeria has paid the remaining $253.86 million to complete the $273.6 million fifth generation (5G) licence fee…
Tesla To Recall 578,607 Vehicles In United States
Electric car maker Tesla Inc (TSLA.O) is recalling 578,607 vehicles in the United States because pedestrians may…
Google Breached Antitrust Law, Russia’s FAS Says
Russia's Federal Antimonopoly Service (FAS) on Thursday said Alphabet's.
Google had breached antitrust law related…
Cristiano Ronaldo Is Now Making £1.7m Per Instagram Post
Superstar footballer, Cristiano Ronaldo , with over 400 million followers on Instagram, is now the most followed…
Chip Shortage: Toyota Cuts Productio
Toyota Motor Corp on Wednesday cut its annual production target by half a million more vehicles as a chip shortage…
Paxful Drives Financial Inclusion With Education Centres
Paxful, a peer-to-peer crypto platform, says it is committed to setting up Bitcoin educational centres in key…
MTN Pays NCC’s 5G License Fee Before Deadline
MTN Nigeria has paid the 5G license fee ahead of the February 24 deadline issued by the Federal Government of…
Nigerian Stock Exchange Will Set Up Technology Board To Attract Start Up
The Nigerian Exchange Limited (NGX) says it will set up a technology board to attract more listing from the tech…
Apple To Unveil Low Cost 5G IPhone March
Apple Inc is targeting a date on or near March 8 to unveil a low-cost 5G iPhone and an updated iPad.
According to…
Mark Zuckerberg Lost $29 Billion After Facebook Users Reduce For The First Time
Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc's stock marked a record one-day…
Meta Loses Over $200 Billion In Value
Facebook sees first-ever drop in daily active users as owner Meta takes $200bn share hit
Facebook’s parent firm…
Qualcomm CEO Says Metaverse Is Beyond Social Media
Qualcomm CEO Cristiano Amon told CNBC’s Jim Cramer on Thursday that the chipmaker views the so-called metaverse as…
Tesla To Recall Over 817,000 Vehicles In US Due To Seat Beat Alert
Tesla Inc (TSLA.O) is recalling more than 817,000 vehicles in the United States because an audible alert may not…
Facebook Share Tumbles By 20 Per Cent
Meta has reported disappointing earnings, offered weak guidance, and said user growth has stagnated, which led…
Alphabets Approves Plan For 20-For-1 Stock Split
As part of the tech company’s quarterly earnings statement on Tuesday, Alphabet’s (parent company of Google) board…
Japan To Tighten Measures Against Cyberattack
Japan will consider imposing tighter curbs on companies in security-sensitive sectors that procure overseas…
Australia’s Aristocrat Take Over Of Playtech Set To Fail
Gambling software maker Playtech does not expect its shareholders to approve its proposed takeover by Australia's…
Nigeria Startup “Nestcoin” Raises Pre-Seed Capital For Crypto Adoption
Nestcoin, a Nigerian tech startup, says it has secured $6.45 million pre-seed capital to accelerate crypto…
India To Introduce Digital Rupee In 2022-2023
India’s central bank will launch a digital version of the rupee in the next financial year, the country’s…
El Salvador Defends It’s Acceptance Of Bitcoin As Legal Tender
El Salvador’s government on Monday defended the country’s adoption of Bitcoin as legal tender, rejecting calls from…
Sony To Acquire Videogame Developer ‘Bungie’ In $3.6 Bln Deal
Sony Interactive Entertainment will acquire Bungie Inc, the original creator of the "Halo" videogame and developer…
U.S. FTC To Review Microsoft Deal For Activision
An antitrust review of Microsoft Corp's proposed acquisition of Activision Blizzard will be handled by the U.S.…
Nigeria App For US Stocks, Bamboo Raises $15million Series A funding
Bamboo, a Nigerian brokerage app that lets Africans buy and trade US stocks in real-time has secured a $15 million…