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Category: Technology

Zuckerberg says Biden administration pressured Meta to censor COVID-19 content
BusinessTechnologyWorld

Zuckerberg says Biden administration pressured Meta to censor COVID-19 content

Meta CEO Mark Zuckerberg has stated that senior officials from the Biden administration pressured his company to censor certain COVID-19…

byayotilewaAugust 27, 2024August 27, 2024
US to award HP $50 mln for semiconductor tech project
TechnologyWorld

US to award HP $50 mln for semiconductor tech project

The U.S. Commerce Department announced plans to award $50 million to HP to expand and modernize its existing facility in…

byayotilewaAugust 27, 2024August 27, 2024
Sony to raise PlayStation 5 price by 20% in Japan
LocalTechnology

Sony to raise PlayStation 5 price by 20% in Japan

Sony announced a 20% price increase for its PlayStation 5 (PS5) console in Japan, citing global economic fluctuations and a…

byayotilewaAugust 27, 2024August 27, 2024
TikTok announces industry-first sub-Saharan Africa Safety Advisory Council
TechnologyWorld

TikTok announces industry-first sub-Saharan Africa Safety Advisory Council

TikTok is strengthening its safety initiatives in Sub-Saharan Africa by launching its first Safety Advisory Council and expanding the #SaferTogether…

byayotilewaAugust 23, 2024August 23, 2024
Elon Musk Set To Build Starlink Ground Stations Across Nigeria
BusinessTechnologyWorld

Elon Musk Set To Build Starlink Ground Stations Across Nigeria

Elon Musk’s internet company, Starlink, is making significant progress in Nigeria by establishing ground stations across the country to enhance…

byayotilewaAugust 22, 2024August 22, 2024
NASENI launches app for CNG conversion
BusinessTechnology

NASENI launches app for CNG conversion

The National Agency for Science and Engineering Infrastructure (NASENI) has introduced the MY-CNG App to facilitate the conversion of e-hailing…

byayotilewaAugust 12, 2024August 12, 2024
IHS Towers, MTN renew lease
BusinessTechnology

IHS Towers, MTN renew lease

IHS Towers and MTN Nigeria have renewed their tower lease agreements for another eight years. The new deal extends all…

byayotilewaAugust 8, 2024August 8, 2024
Google has an illegal monopoly on search, US judge finds
BusinessTechnologyWorld

Google has an illegal monopoly on search, US judge finds

A U.S. judge has ruled that Google violated antitrust laws by using billions of dollars to establish an illegal monopoly…

byayotilewaAugust 6, 2024August 6, 2024
Morning Bid: Microsoft and job openings to hit pre-Fed vigil
BusinessTechnologyWorld

Morning Bid: Microsoft and job openings to hit pre-Fed vigil

This week, U.S. and global markets are focused on several significant events, starting with Microsoft’s quarterly update and the Federal…

byayotilewaJuly 30, 2024July 30, 2024
Musk launches poll asking if Tesla should invest $5 bln in xAI, early votes in favour
TechnologyWorld

Musk launches poll asking if Tesla should invest $5 bln in xAI, early votes in favour

Tesla CEO Elon Musk has initiated a poll on the social media platform X to gauge public opinion on whether…

byayotilewaJuly 24, 2024July 24, 2024
Samsung Elec talks with union end without result, union says
TechnologyWorld

Samsung Elec talks with union end without result, union says

Sherwin-Williams increased its full-year earnings forecast and reported a second-quarter profit that exceeded Wall Street expectations, driven by higher prices…

byayotilewaJuly 23, 2024July 23, 2024
Italy seizes 121 mln euros from Amazon unit over alleged tax, labour offences
BusinessTechnologyWorld

Italy seizes 121 mln euros from Amazon unit over alleged tax, labour offences

Italian tax police have seized €121 million from Amazon Italia Transport, a logistics unit of e-commerce giant Amazon, amid allegations…

byayotilewaJuly 23, 2024July 23, 2024
Cornerstone Embraces Technology, Restructures to Achieve Significant Growth
BusinessLocalTechnology

Cornerstone Embraces Technology, Restructures to Achieve Significant Growth

Cornerstone Insurance Plc has implemented a series of reforms aimed at enhancing service delivery, including process reorganization and technology adoption.…

byayotilewaJuly 16, 2024July 16, 2024
Megacaps, chip stocks lift futures before Powell testimony
TechnologyWorld

Megacaps, chip stocks lift futures before Powell testimony

U.S. stock index futures rose on Tuesday, driven by gains in megacap technology and semiconductor stocks. This continues Monday’s rally,…

byayotilewaJuly 9, 2024July 9, 2024
EFCC Chairman recommends blockchain, AI for tracking and recovering $88.6 billion stolen from Africa 
LocalTechnology

EFCC Chairman recommends blockchain, AI for tracking and recovering $88.6 billion stolen from Africa 

Mr. Olanipekun Olukoyede, Executive Chairman of the Economic and Financial Crimes Commission (EFCC), has called for the adoption of blockchain…

byayotilewaJune 28, 2024June 28, 2024
IMF says Nigeria, other developing countries lack digital infrastructure for AI 
LocalTechnology

IMF says Nigeria, other developing countries lack digital infrastructure for AI 

A new report from the International Monetary Fund (IMF) reveals that Nigeria, alongside other developing countries, lacks adequate digital infrastructure…

byayotilewaJune 27, 2024June 27, 2024
Volkswagen Recalls Over 271,000 Vehicles in the U.S. Due to Potential Air Bag Fault
TechnologyWorld

Volkswagen Recalls Over 271,000 Vehicles in the U.S. Due to Potential Air Bag Fault

Volkswagen is recalling more than 271,000 vehicles in the United States because of a potential wiring fault that may deactivate…

byayotilewaJune 26, 2024June 26, 2024
Apple’s App Store rules breach EU tech rules, EU regulators say
TechnologyWorld

Apple’s App Store rules breach EU tech rules, EU regulators say

The EU has charged Apple with breaching tech rules by preventing app developers from steering consumers to alternative offers. This…

byayotilewaJune 24, 2024June 24, 2024
NATO targets AI, robots and space tech in $1.1 billion fund
TechnologyWorld

NATO targets AI, robots and space tech in $1.1 billion fund

The NATO Innovation Fund (NIF) has confirmed its first investments, allocating part of its €1 billion fund to four European…

byayotilewaJune 18, 2024June 18, 2024
Growth Stack wins tech award
LocalTechnology

Growth Stack wins tech award

Growth Stack has been honored as Africa’s most trusted software development company of the year by the African Brand Congress.…

byayotilewaJune 17, 2024June 17, 2024
Amazon to invest $230 million in generative AI startups globally 
TechnologyWorld

Amazon to invest $230 million in generative AI startups globally 

Amazon Web Services (AWS) has launched a $230 million fund to support startups globally in accelerating the creation of generative…

byayotilewaJune 14, 2024June 14, 2024
Hyundai Upgrades 2025 Santa Fe
CommoditiesTechnologyWorld

Hyundai Upgrades 2025 Santa Fe

Hyundai has unveiled the fifth generation of the popular Santa Fe, featuring significant upgrades including a new 1.6-liter hybrid engine…

byayotilewaJune 14, 2024June 14, 2024
Bitwise Predicts AI and Crypto Industries Could Add $20 Trillion to Global GDP by 2030
BusinessTechnology

Bitwise Predicts AI and Crypto Industries Could Add $20 Trillion to Global GDP by 2030

Bitwise Asset Management, a prominent investor in Bitcoin Exchange Traded Funds (ETF), has projected that the combined growth of the…

byayotilewaJune 13, 2024June 13, 2024
Nigerian Pension Provider Launches AI Chatbot for Improved Customer Experience
LocalTechnology

Nigerian Pension Provider Launches AI Chatbot for Improved Customer Experience

Veritas Glanvills Pensions Limited (VG Pensions) has introduced an innovative customer service solution – an AI-powered chatbot named Vicki. This…

byayotilewaJune 5, 2024June 5, 2024
Musk’s AI Company xAI Secures $6 Billion, Aims to Challenge OpenAI
TechnologyWorld

Musk’s AI Company xAI Secures $6 Billion, Aims to Challenge OpenAI

Elon Musk’s artificial intelligence startup, xAI, has secured a massive $6 billion investment, propelling its valuation to $24 billion. This…

byayotilewaMay 27, 2024May 27, 2024
Microsoft and OpenAI Launch $2 Million Fund to Combat AI Misinformation
TechnologyWorld

Microsoft and OpenAI Launch $2 Million Fund to Combat AI Misinformation

In a collaborative effort, tech giants Microsoft and OpenAI have announced the creation of a $2 million Societal Resilience Fund…

byayotilewaMay 8, 2024May 8, 2024
Huawei unveils vision for tech growth in Africa
AfricaTechnology

Huawei unveils vision for tech growth in Africa

Huawei has showcased its latest advancements towards ushering in the intelligent era with the theme “Unleash Data Power Towards the…

byayotilewaApril 26, 2024April 26, 2024
Social media platform X blocked in Pakistan- Minister
TechnologyWorld

Social media platform X blocked in Pakistan- Minister

Pakistan’s interior ministry recently revealed that it blocked access to a social media platform, referred to as X, around the…

byayotilewaApril 17, 2024April 17, 2024
Amazon CEO eyes cost reductions in fulfillment network
TechnologyWorld

Amazon CEO eyes cost reductions in fulfillment network

Amazon’s CEO, Andy Jassy, revealed plans to further reduce costs in the company’s fulfillment network, following recent staff reductions across…

byayotilewaApril 11, 2024April 11, 2024
A near-miss cyberattack put US officials and the tech industry on edge
TechnologyWorld

A near-miss cyberattack put US officials and the tech industry on edge

Last month, German software developer Andres Freund, employed by Microsoft, made a startling discovery during performance tests. He found that…

byayotilewaApril 5, 2024April 5, 2024

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