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Technology
China Evergrande EV Unit To Raise $347 Mln From Share Sale To Fund Production
China Evergrande's electric vehicle division is raising about HK$2.7 billion ($347 million) from a share sale to…
China Fines Tech Giants For Failing To Report 43 Old Deals
China's market regulator on Saturday said it was fining companies including Alibaba, Baidu and JD.com for failing…
Apple To Let IPhone Users Repair Their Own Devices
Starting next year, Apple will sell to its customers using iPhone 12 and 13 “parts, tools, and manuals” to repair…
Microsoft Empowers Nigeria’s Financial Services Providers for Digital…
Microsoft, on Wednesday, hosted a virtual digital transformation roundtable for financial services industry (FSI),…
AfDB Approves $150m To Support Agriculture In Africa
The African Development Bank Group has approved a $150m facility for ETC Group Limited to address the working…
Ford Partners With GlobalFoundries To Increase Chip Supplies
Ford Motor plans to increase its short- and long-term supply of semiconductor chips through a new partnership with…
NCS To Boost Innovation Among Tech Startups With N50 Million
The Nigeria Computer Society (NCS), the umbrella body for all Information Technology (IT) practitioners in Nigeria,…
South Africa’s MTN, IHS In $410m Towers Deal
MTN Group Ltd. and IHS Holdings Ltd. agreed to a 6.4-billion-rand ($410 million) tower-deal in South Africa,…
Text-Checking Software Maker Grammarly Is Worth $13 Billion In Latest Funding…
Grammarly, a start-up whose software highlights issues as people write in its web app and other programs, said…
Alibaba Misses Expectations As Earnings Plunge 38% In The September Quarter
Alibaba on Thursday missed revenue and earnings expectations for the September quarter, as slowing economic growth…
Germany’s $9 Billion Digital Bank N26 To Withdraw From The U.S.
German digital bank N26 is shutting down its U.S. operations, less than two-and-a-half years after it launched in…
EU Lawmakers Agree On Rules To Target Big Tech- FT
European Union lawmakers have reached a deal on how to target big tech companies, as part of a move to limit…
China’s WeRide To Launch Robotaxis On GAC’s Ontime Ride-Hailing App
WeRide, a China-based autonomous driving startup, said on Thursday it plans to make its robotaxis available for…
Google Signs 5-Year Deal To Pay For News From AFP
Alphabet Inc's Google will begin paying Agence France-Presse for its news content as part of broad five-year…
U.S. FTC Says Court Should Allow Antitrust Lawsuit Against Facebook To Proceed
The U.S. Federal Trade Commission said on Wednesday that a federal court should allow an antitrust lawsuit it filed…
Bitmama Launches Programme For Youths Interested In Blockchain Technology
Bitmama, a Nigerian fintech startup, has launched a programme to help young people transition into the…
ENaira Will Reduce Tax Evasion, Says CITN
The President, Chartered Institute of Taxation of Nigeria, Mr Adesina Adedayo, has said the introduction of eNaira…
Chinese Tech Giant NetEase Revives Hong Kong IPO Of Its Music Streaming Arm
China — Cloud Village — the music streaming arm of NetEase — is pushing ahead with an initial public offering…
Carlyle Agrees To Buy Swiss Industrial Software Firm AutoForm
U.S. buyout fund Carlyle said on Wednesday it had agreed to acquire Swiss industrial software firm AutoForm AG from…
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…
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…
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…
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.…
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…
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…
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…
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%…
Tesla’s Musk Sells $930 Million In Shares To Cover Stock Option Tax –…
Tesla CEO Elon Musk has sold $930 million in shares to meet tax withholding obligations related to the exercise of…
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…
ALERT: Iranian Hackers Targeting Telcos In Nigeria, NCC Warns
The Nigerian Communications Commission (NCC) has alerted Nigerians about the existence of a hacking group…