U.S. Hedge Fund Coatue Management Is Planning To Set Up Office In Europe
U.S. hedge fund Coatue Management is planning to set up a new office in Europe as part of an effort…
Category: Technology
Brokerage Robinhood Introduces 24 Hours Phone Support After Communications Criticisms
Robinhood Markets Inc said on Tuesday it had introduced 24-hour customer phone support, seven days a week, addressing criticisms over…
Facebook Outage Shows Need For More Rivals, Says Margrethe Vestager
Facebook’s six-hour outage the previous day shows the repercussions fn relying on just a few big players and underscores the…
Crypto Exchange “Yellow Card” Raises $15 Million In Series A Funding
Cryptocurrency exchange, Yellow Card, has announced a $15M Series A, the largest ever by an African cryptocurrency exchange, to ramp…
Africa Startup “Andela” Attains Unicorn Status
Andela, a startup that connects African software engineering talent to global companies has raised $200 million from investors led by…
Russia Move To Make First Space Movie
In a historic first, Russia has launched an actor and a film director into space to make a feature film…
Tesla To Pay Former Worker For Damages
A San Francisco federal court decided that Tesla must pay a former worker, Owen Diaz, around $137 million after he…
Facebook Lost Billions After Outage
The global economy lost billions of dollars as Facebook, WhatsApp, and Instagram went down at about 4.42pm on Monday. According…
Evergrande Set To Sell Part Of Its property Services Unit Stake
Indebted developer Evergrande is set to sell part of its stake in its property services unit, the second asset sale…
Monzo Withdraws Application For U.S. Banking License
British financial technology firm Monzo has withdrawn its application for a U.S. banking license following discussions with regulators at the…
Cloud Exchange Collaborate With Huawei
Cloud Exchange has launched Africa’s first uptime institute tier IV modular prefabricated data centre in collaboration with Huawei. According to…
5G is 100 Times Faster Than 4G
Up to 100 times faster than 4G, 5G, the fifth generation of cellular networks, is creating never-before-seen opportunities for people…
Nigeria Exchange Limited To Democratise finance In Nigeria Technology Sector
Capital market regulating bodies and other stakeholders have called on operators in the technology industry to leverage on capital market…
Tesla Top Expectation In Q3
Tesla delivered 241,300 electric vehicles during the third quarter of 2021, the company reported Saturday. The quarter’s deliveries topped expectations. Analysts…
U.S Congress Unmask Facebook Whistleblower
A Facebook whistleblower who brought internal documents detailing the company’s research to The Wall Street Journal and the U.S. Congress…
Google And DeepMind Are Facing Legal Action
Alphabet’s Google and sister firm DeepMind are facing legal action for the way in which they obtained and processed over…
OYO To Issue New Shares Worth $1.16 Billion
Indian hotel chain Oyo is planning to raise about 84.3 billion rupees ($1.16 billion) in an initial public offering, according…
U.S. Fintech Start-up “Upgrade” Is Set To Join Buy Now Pay Later Market
U.S. fintech start-up Upgrade is set to enter the increasingly crowded buy now, pay later market. Upgrade, which was founded…
E-Naira Won’t Launch On Independence Day: CBN
The Central Bank of Nigeria on Thursday announced the postponement of the planned unveiling of the country’s digital currency, e-Naira.…
Visa Set To Launch Universal Payment Channel
Visa has said it is working on an interoperability system that would work across different blockchain networks and connect different…
U.S. Stock Index Futures Rose, Tech Stocks Dipped
U.S. stock index futures rose during early morning trading on Thursday, after tech stocks dipped again as investors digest the…
Google Is Redesigning Dominant Search Engine
Google is redesigning its dominant search engine, and users may find that future results keep them on Google’s own properties…
YouTube Strengthen Its Policies On Misinformation Around Vaccines
Google-owned YouTube banned prominent anti-vaccine accounts in an effort to strengthen its policies on misinformation around vaccines, the company said…
Instagram Announce Pausing Of Instagram Kids
Instagram announced that it is pausing its planned version of the social media platform geared towards children under the age…
Bank for International Settlements Says Digital Currencies Will Reduce The Cost Of Cross-Border Payment
The Bank for International Settlements has said digital currencies will reduce the cost of cross-border payments. BIS said this in…
Honor Smartphone Notched A 15% Market Share In China
Honor, the smartphone brand Huawei spun off last year, is beginning to regain share in China’s fiercely competitive mobile phone…
Critical Chip Machine Maker ASML Predicts Sales Boom To Last Over The Next Decade
ASML has raised its long-term outlook following a surge in demand for the semiconductors that its machines help to make.…
Chinese Automaker Geely Holding Dive Into Smartphone Business
Chinese automaker Geely Holding is jumping into the smartphone business after its founder set up a new company. Hubei Xingji…
E-Naira Website Goes Live Ahead Of October 1st
The Central Bank of Nigeria’s eNaira website has gone live ahead of October 1 official launch. According to the website,…
SEC Considers Regulation Of Fintech Operations In The Capital Market
The Securities and Exchange Commission, SEC, is considering the regulation of fintech operations in the capital market in order to…