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Technology
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…
Riot Games Agrees To Pay $100 Mln To Settle Gender Discrimination Lawsuit
Tencent Holdings' Riot Games on Monday said it has agreed to pay $100 million to settle a 2018 gender-based…
Elon Musk Sells Another $1bn Worth Of Shares In Tesla To Clear Tax Bill
Elon Musk, the billionaire founder of Tesla Inc., has sold another 934,090 shares in the electric vehicle…
Iran Halts Authorized Crypto Mining To Save Energy For Winter
Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in…
Rivian Delays Deliveries Of Pickup, SUV With Big Battery Packs To 2023
Rivian Automotive will delay deliveries of its electric pickup truck and sports utility vehicle with big battery…
Christmas Week Trades Add $77.89bn To Bitcoin Market Cap
The market capitalisation of Bitcoin increased by $77.89bn during the week leading up to Christmas.
On December…
1.3 Million Bitcoin Left Circulating On Crypto Exchanges
In glad tidings for an orange Christmas, Bitcoin (BTC) supply is drying up to lows not seen for years. In a recent…
Japan’s Shionogi Starts Phase III Clinical Trial In Vietnam For Covid-19…
Japan's Shionogi & Co. Ltd announced on Monday that phase III of its clinical trial for a new COVID-19…
MTN Nigeria Launches RCS Business Messaging With Google, Dotgo
MTN Nigeria is all set to launch RCS Business Messaging (RBM) Services in partnership with Google and Dotgo. Dotgo…
TikTok Surpasses Google To Become The Most Visited Site In 2021
According to Cloudflare’s 2021 Year in Review internet traffic statistics, popular video-sharing app TikTok has…
Mobile Gaming Company, i3 Interactive Inc, Records Growth Of 45,000% In A Trading…
Canadian mobile gaming company, i3 Interactive Inc, recorded over 45,000% growth in share price after yesterday’s…
Nigeria To Replace Identity-Slips With Digital Tokens
The Nigerian Government has announced that it would replace its National Identification Number (NIN) with a suite…
Chinese Province Summons Five E-Commerce Firms Over Livestreaming
A consumer protection organisation in China's Zhejiang Province on Thursday summoned five online platforms.
The…
Russia Fines Twitter For Not Deleting Banned Content, Says Court
A Moscow court on Thursday said it had fined Twitter 3million roubles for failing to delete content Russia deems…
Intel Apologises In China Over Xinjiang Supplier Statement
U.S. chip maker Intel apologised on Thursday to Chinese customers, partners and the public after a letter telling…
US Treasury Official Beckons New Stablecoin Regulations
The United States Treasury made further hints at new laws for stablecoins on Dec. 17. Nellie Liang, the Under…
Chinese Companies Embark On A Metaverse Trademark Race
In spite of the metaverse and nonfungible tokens (NFTs) warning issued by People’s Bank of China’s (PBOC) in…
Nigeria Loses N499.32bn As Twitter Ban Hits 200 Days
Nigeria’s economy has lost N499.32bn to the shutdown of Twitter since it came into effect on June 4, 2021.
The…
Online Learning Platform Raises $3.5m Pre-Seed Funding
Edukoya, an online learning platform, says it has raised $3.5m in pre-seed round to enable its live launch in 2022.…
Google Announces Investment In Tech Startup
Google has announced its first investment from its Africa Investment Fund in SafeBoda, a tech firm that operates in…
Social Media App Parler Plans To Expand Into NFTs
Social media platform Parler said on Monday it will expand its business into non-fungible tokens (NFT), in a move…