Algeria’s Yassir Lands A Healthy Series A From Multiple Investors
Yassir, an Algerian startup founded in 2017 provides on-demand services such as ride-hailing and last-mile delivery, has raised a $30…
Category: Technology
Tech Giants Lose Billions As Tech Stocks Tumble
Tumbling tech stocks on Friday wiped out tens of billions of dollars from the net worth of some of the…
NCC Qualifies MTN, Airtel, New Firm For 5G Auction
Globacom and Emerging Markets Telecommunication Service Limited are set to miss out on the deployment of Fifth Generation network for…
Effective Mechanisms To Insulate E-Naira From Hackers And Fraudsters Is In Place : CBN
The Central Bank of Nigeria (CBN), has assured that it has put in place effective mechanisms to insulate the e-Naira…
Qualcomm Introduce New Snapdragon G3x Microchip
Qualcomm introduced a new Snapdragon G3x microchip on Wednesday for handheld consoles in a sign of gaming’s rising importance for…
Airtel Nigeria Completes 8.22 Percent Shares Buyback
AIRTEL Nigeria, a subsidiary of Airtel Africa Plc, has completed the 8.22 percent shares buyback from its minority shareholders, amounting…
NCC: Three Telecoms Companies Qualified For 5G Deployment
The Nigerian Communications Commission has announced that three telecoms companies have qualified as approved bidders of the forthcoming 3.5 gigahertz…
Sharing Of Personal Photos, Videos Without Consent Is Prohibited – Twitter
Twitter said on Tuesday it will not allow sharing of personal media such as photos and videos on its platform…
China To Ban Loophole Used By Tech Firms For Foreign IPOs
China is planning to ban companies from going public on foreign stock markets through variable interest entities, closing a loophole…
Alphabet Google To Ban Political Advertising On Its Platform
Alphabet Google said on Wednesday it will ban political advertising on its platform in the run-up to Philippine elections in…
US Mission Hail Burger King Expands To Nigeria
The US Mission in Nigeria has hailed the growing US-Nigeria commercial ties as Burger King expands to Nigeria. The US…
China Seeks Better Cross-Border Control Of Big Data With New Plan
China’s Ministry of Industry and Information Technology (MIIT)called for improved cross-border security management of big data till 2025, in a…
Nigeria To Benefit From $4.7tr Digital Service Export Market
The National Information and Technology Development Agency (NITDA) and Nigerian Export Promotion Council (NEPC) have forged an alliance that could…
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 that would value the…
BMW Unveils High-Performance XM Hybrid Electric Concept Vehicle Ahead Of U.S. production
BMW on Monday evening unveiled a new high-performance concept vehicle that previews an electrified crossover expected to begin production late next…
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. The…
ByteDance Backs Dubai Startup Building Logistics Chain to China
TikTok parent ByteDance Ltd. has invested in Dubai-based iMile Delivery LLC as part of the first major fundraising by the courier…
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 commission,…
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…
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 coming days,…
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 to…
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, indicating a 12.08 per…
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 said. The…
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 businesses and developers.…
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 subscription payments market by offering to its…
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 deposits (IBDs) for…
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 three years as…
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 hacking…
India Announces Bill To Ban Cryptocurrencies
India’s government will introduce a bill to ban private cryptocurrencies and create a framework for a central bank-backed digital money,…