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Category: Technology

Nokia To Launch Cloud-Based Software Subscription Service
BusinessTechnologyWorld

Nokia To Launch Cloud-Based Software Subscription Service

Nokia  said on Wednesday it plans to launch a cloud-based software subscription service targeting telecom companies for providing software around…

byakintundeNovember 17, 2021
Amazon To Stop Accepting Visa Credit Cards Issued In UK
BusinessMarketTechnologyWorld

Amazon To Stop Accepting Visa Credit Cards Issued In UK

 Amazon.com Inc  will stop accepting payments made using Visa Inc credit cards issued in the United Kingdom starting next year.…

byakintundeNovember 17, 2021
US Launches Project To Empower 300 Osun Schoolgirls
InvestingLocalTechnology

US Launches Project To Empower 300 Osun Schoolgirls

The United States Consulate General has launched a project aimed at empowering 300 high school girls in Osun State to…

byakintundeNovember 17, 2021
Nigeria, Eight Others Top African Countries With High Airport Charges – Report
LocalMarketTechnology

Nigeria, Eight Others Top African Countries With High Airport Charges – Report

Nigeria and eight others have been ranked as African countries with high airport taxes, a new report has revealed. Niger,…

byakintundeNovember 17, 2021
UNICEF, Jumia Plan Internet For Nigerian Schools
InvestingLocalTechnology

UNICEF, Jumia Plan Internet For Nigerian Schools

The United Nations Children’s Fund and Jumia, an African e-commerce platform, have partnered in support of Giga’s work in Nigeria…

byakintundeNovember 17, 2021
Crypto Firms Practise High-Level Illegality, Alleges Emefiele
BusinessLocalTechnology

Crypto Firms Practise High-Level Illegality, Alleges Emefiele

The Governor of the Central Bank of Nigeira, Godwin Emefiele, has again expressed the apex bank’s disapproval for cryptocurrency transactions…

byakintundeNovember 17, 2021
ENaira May Reduce Deposits In Commercial Banks, IMF Warns CBN
BankingLocalMarketTechnology

ENaira May Reduce Deposits In Commercial Banks, IMF Warns CBN

The International Monetary Fund has said the eNaira wallet may function as a deposit at the Central Bank of Nigeria…

byakintundeNovember 17, 2021
Vodafone Raises Free Cash Flow Guidance After ‘Solid’ First Half
BusinessMarketTechnologyWorld

Vodafone Raises Free Cash Flow Guidance After ‘Solid’ First Half

Mobile operator Vodafone raised its forecast for this year’s free cash flow on Tuesday after it reported 6.5% growth in…

byakintundeNovember 16, 2021
Tesla’s Musk Sells $930 Million In Shares To Cover Stock Option Tax – Filings
BusinessTechnologyWorld

Tesla’s Musk Sells $930 Million In Shares To Cover Stock Option Tax – Filings

Tesla CEO Elon Musk has sold $930 million in shares to meet tax withholding obligations related to the exercise of stock…

byakintundeNovember 16, 2021
U.S. States File Updated Antitrust Complaint Against Alphabet’s Google
BankingTechnologyWorld

U.S. States File Updated Antitrust Complaint Against Alphabet’s Google

A group of U.S. states led by Texas have filed an amended complaint against Alphabet Inc’s  Google accusing the tech…

byakintundeNovember 16, 2021November 16, 2021
ALERT: Iranian Hackers Targeting Telcos In Nigeria, NCC Warns
AfricaLocalTechnology

ALERT: Iranian Hackers Targeting Telcos In Nigeria, NCC Warns

The Nigerian Communications Commission (NCC) has alerted Nigerians about the existence of a hacking group orchestrating cyber espionage in the…

byakintundeNovember 16, 2021
Amazon Settles With California Over Claims It Concealed Covid-19 Cases From Warehouse Workers
BusinessTechnologyWorld

Amazon Settles With California Over Claims It Concealed Covid-19 Cases From Warehouse Workers

Amazon on Monday reached a settlement with California’s attorney general over claims it concealed Covid-19 case numbers from its warehouse…

byakintundeNovember 16, 2021
JPMorgan Sues Tesla For $162 Million In Warrants Dispute Around Elon Musk Take-Private Tweets
TechnologyWorld

JPMorgan Sues Tesla For $162 Million In Warrants Dispute Around Elon Musk Take-Private Tweets

JP Morgan Chase filed suit against electric vehicle maker Tesla in a dispute over warrants, according to court filings out…

byakintundeNovember 16, 2021
Bitcoin Drops Nearly 7% Toward $60,000 As Major Cryptocurrencies Plunge
BreakingMarketTechnologyTradeWorld

Bitcoin Drops Nearly 7% Toward $60,000 As Major Cryptocurrencies Plunge

Bitcoin and other cryptocurrencies fell sharply on Tuesday retreating from near-record highs. Bitcoin fell toward $60,000 during late morning trade…

byakintundeNovember 16, 2021
WeWork Shows More Losses In Its First Quarterly Report As A Public Company
BusinessMarketTechnologyWorld

WeWork Shows More Losses In Its First Quarterly Report As A Public Company

WeWork shares were up more than 2% Monday after the company announced third-quarter earnings, the company’s first report since going…

byakintundeNovember 15, 2021
African Fintech Startup Chipper Cash Raises $30M Backed By Jeff Bezos
AfricaLocalTechnology

African Fintech Startup Chipper Cash Raises $30M Backed By Jeff Bezos

African cross-border fintech startup Chipper Cash has raised a $30 million Series B funding round led by Ribbit Capital with participation…

byakintundeNovember 15, 2021
Fidelity, Visa And Kingsway Back South African Fintech JUMO In $120M Round
AfricaBusinessInvestingTechnology

Fidelity, Visa And Kingsway Back South African Fintech JUMO In $120M Round

JUMO, a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised…

byakintundeNovember 15, 2021
Nigerian E-Health Pharmaceutical Distribution Startup DrugStoc Secures $4.4 Million Series A Funding, Embarks On Expansion Drive
AfricaBusinessInvestingLocalMarketTechnologyWorld

Nigerian E-Health Pharmaceutical Distribution Startup DrugStoc Secures $4.4 Million Series A Funding, Embarks On Expansion Drive

The pharmaceutical supply chain across Africa has for decades remained fragmented leading to sourcing and distribution challenges as well as…

byakintundeNovember 15, 2021
Telenor And Google Cloud Partner Up To Digitalise Telecom Operations
BusinessInvestingTechnologyWorld

Telenor And Google Cloud Partner Up To Digitalise Telecom Operations

Telenor  and Alphabet Inc’s Google Cloud  have formed a partnership to digitalise the Norwegian telecom company’s global operations and are exploring ways…

byakintundeNovember 15, 2021
Apple TV+ hopes to build on rivals’ success with first Korean series
BusinessMarketTechnologyWorld

Apple TV+ hopes to build on rivals’ success with first Korean series

 Hot on the heels of Netflix’s breakout South Korean hit “Squid Game,” Apple  has rolled out its first Korean-language original series…

byakintundeNovember 15, 2021
IBM, Amazon Partner To Extend Reach Of Data Tools For Oil Companies
BusinessMarketTechnologyWorld

IBM, Amazon Partner To Extend Reach Of Data Tools For Oil Companies

 International Business Machines Corp and Amazon.com Inc’s Amazon Web Services said on Monday they would work together to extend the reach of…

byakintundeNovember 15, 2021
Musk Continues To Sell Shares After Twitter Poll
BusinessInvestingMarketTechnologyTradeWorld

Musk Continues To Sell Shares After Twitter Poll

Tesla Inc Chief Executive Officer, Elon Musk, has sold an additional portion of his share in his company worth about…

byakintundeNovember 14, 2021
6,000 Base Stations Needed For 5G Rollout In 10 Nigerian Cities – GSM Operators
LocalTechnology

6,000 Base Stations Needed For 5G Rollout In 10 Nigerian Cities – GSM Operators

The Global System for Mobile Communications Association says $500m and 6000 base stations are needed for 5G rollout in the…

byakintundeNovember 13, 2021
WhatsApp Launches Scam Messages Awareness Campaign
BusinessTechnologyWorld

WhatsApp Launches Scam Messages Awareness Campaign

A text or WhatsApp message from a “friend in need” asking for money or personal information could be a scammer,…

byEkeminiNovember 12, 2021
WeChat Bargain Hunters Seek Profits In China Property Bond Rout
BusinessTechnologyWorld

WeChat Bargain Hunters Seek Profits In China Property Bond Rout

In late October, as a growing liquidity crisis across China’s property sector walloped developers’ bonds, a group of Chinese finance…

byakintundeNovember 12, 2021
Biden Signs Legislation To Tighten U.S. Restrictions On Huawei, ZTE
BusinessTechnologyTradeWorld

Biden Signs Legislation To Tighten U.S. Restrictions On Huawei, ZTE

U.S. President Joe Biden on Thursday signed legislation to prevent companies like Huawei Technologies Co or ZTE Corp that are…

byakintundeNovember 12, 2021
Toshiba Says It Plans To Split Into Three Firms, Rejects Calls To Go Private
AfricaBusinessLocalTechnologyWorld

Toshiba Says It Plans To Split Into Three Firms, Rejects Calls To Go Private

Japanese industrial conglomerate Toshiba Corp  outlined plans on Friday to break up into three independent companies by spinning off two…

byakintundeNovember 12, 2021
Twitter To Launch Dedicated Crypto Team
AfricaBusinessLocalMarketTechnologyTradeWorld

Twitter To Launch Dedicated Crypto Team

Twitter is expanding further into the world of cryptocurrencies as the social media giant is setting up a team dedicated…

byakintundeNovember 12, 2021
Flutterwave Acquires Disha, A Creator Platform That Planned To Shutter In February
BusinessLocalMarketTechnology

Flutterwave Acquires Disha, A Creator Platform That Planned To Shutter In February

In February, Disha, a Nigeria-based platform that allows digital creators to curate, sell digital content, create portfolios and receive payments…

byakintundeNovember 12, 2021
YouTube Hides Dislike Counts To Protect Creators
AfricaBusinessLocalTechnologyWorld

YouTube Hides Dislike Counts To Protect Creators

In an attempt to make the YouTube platform more hospitable to creators, the virtual content creator platform will no longer…

byakintundeNovember 12, 2021

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