TikTok Owner ByteDance Aims For Hong Kong IPO By Early 2022 – FT
ByteDance, the Chinese owner of short video platform TikTok, has revived its plan to go public with a listing in Hong Kong by early 2022 after addressing Chinese regulators’ concerns,…
Cisco Denies Report Of Developing Private-Cloud Subscription Service
Cisco Systems Inc (CSCO.O) said on Friday it was not planning to offer a solution to help companies shift to private data centers from public ones, after a report from…
New EV Battery Designs Unlikely To Dampen Metals Demand, Miners Say
Mining companies say they do not fear a plan by China’s CATL (300750.SZ) to make an electric vehicle (EV) battery without lithium or other key metals because the new design…
Apple To Roll Out Photo Checking System On Country-By-Country Basis
Apple Inc (AAPL.O) will roll out a system for checking photos for child abuse imagery on a country-by-country basis, depending on local laws, the company said on Friday. A day…
NetEase Delays $1 bln Hong Kong Listing Of Music Streaming Firm – Sources
NetEase Inc (9999.HK) has delayed the $1 billion Hong Kong initial public offering of its music streaming service Cloud Village because of volatile trading in China’s major tech companies, two…
Flutterwave To Drive US Expansion As It Appoints Silicon Valley Veteran As Head Of US Growth
African payments startup, Flutterwave, has announced the appointment of Jimmy Ku as the Head of US Growth. With plans to offer payment services to US-based clients, local businesses, and companies,…
Nigeria Can Generate Billions of Dollars From Cloud Computing Services To Unlock Growth Opportunities
The Director General/CEO, National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi has stated that Nigeria can generate huge sums of money, running into billions of dollars from cloud computing…
Huawei Chairman Says The ‘Aim Is To Survive’ As Revenue Slides 30%
The chairman of Huawei said the Chinese technology company’s “aim is to survive” as revenue fell almost 30% in the first half of the year. The Shenzhen-headquartered company, which was…
U.S. FTC Says Facebook Misused Privacy Decree To Shut Down Ad Research
The U.S. Federal Trade Commission criticized Facebook Inc (FB.O) on Thursday for making “misleading claims” to explain why it had disabled the accounts of researchers studying political ads on the…
Qualcomm Tops Magna’s Bid With $4.6 Billion Offer For Veoneer
Chipmaker Qualcomm Inc (QCOM.O) said on Thursday it had offered to buy Swedish auto parts maker Veoneer Inc (VNE.N) for $4.6 billion, an 18.4% premium to a bid in July…
Tech’s Pandemic Boom Is Coming To An End
The Covid boom times are coming to an end for tech companies. After reporting eye-popping growth throughout 2020 as more people turned to technology to work and play during pandemic…
Huawei Cloud Ranked World’s 5th Largest LaaS Provider
Huawei Cloud IaaS revenue surged by 202.8 per cent, placing it in the top five list of cloud IaaS providers in the world, according to a report from market research…
Google’s New Policy Allows Crypto Ads To Be Run Again
Following the enforcement of Google’s new policy set out in its financial products and services section on Aug. 3, the company has started running crypto ads again. Earlier in June…
Koo, India’s Microblogging Platform Begins Move To Register In Nigeria
Indian microblogging app, Koo, has disclosed plan to formally register in Nigeria. The app became popular in June when the Federal Government suspended Twitter operations following a row between both…
Twitter ban: Nigerians Lose N150.46bn In Two Months
Nigeria businesses may have lost N150.46bn ($366.88m) since the Federal Government’s ban on Twitter took effect in the country on June 5. This figure was calculated based on the NetBlocks…
U.S. Crime App Citizen Rolls Out First Paid Tool, Connecting Users To Safety Agents
U.S. crime alert app Citizen is launching its first paid feature, offering subscribers access to a live safety agent when they are in “stressful or uncertain situations.” Citizen uses crowd-sourced…
Brazil Retailers Hunt For M&A Deals To Compete For E-Commerce Dominance
In March last year, Oziel da Silva Santos needed a new TV but with stores closed due to COVID-19 restrictions in Brazil’s northern city of Belem, the 50-year old was…
New York Times Digital Subscription Growth Slows To Lowest In Three Years
The New York Times Co’s (NYT.N) quarterly digital subscription growth slowed to its lowest in three years as the news cycle cooled after an action-packed 2020 that was dominated by…
Ether Falls 1% Ahead Of Major Upgrade To Ethereum Network
Ether fell about 1% on Wednesday ahead of a technical adjustment to its underlying ethereum blockchain that would alter the way transactions are processed. The revamp is currently anticipated to…
Sony Posts Record Q1 Profit On Pandemic Demand For Devices And Content
Sony Corp (6758.T) raised its earnings outlook on Wednesday after a record first-quarter operating profit helped by pandemic stay-at-home demand for PlayStation 5 consoles, TVs, music and movies. Operating profit…
Elon Musk’s Photos Show SpaceX Rolling Out Its Massive Rocket Booster For Starship
SpaceX on Tuesday rolled out the rocket booster that the company plans to use to launch the first Starship orbital flight, and Elon Musk shared photos of the enormous vehicle,…
Marvell Tech To Acquire Innovium For $1.1 Bln As It Courts More Cloud Customers
Marvell Technology Inc (MRVL.O) on Tuesday said it has agreed to acquire chip startup Innovium in a $1.1 billion all-stock deal aimed at bolstering Marvell’s share of networking chips sold…
Amazon Warehouse Workers Overwhelmingly Rejected A Union. Now They May Vote Again
A U.S. labor board official has recommended a rerun of a landmark Amazon.com Inc (AMZN.O) union election in Alabama where employees had voted overwhelmingly against making their warehouse the online…
Bill Gates And Melinda French Gates Are Officially Divorced Following 27-Year Marriage
Microsoft co-founder Bill Gates and Melinda French Gates have gotten divorced after 27 years of marriage. A Monday filing with the King County Superior Court in Washington made the move…
Nigerians Spend Over N100 Billion On Browsing In 2020
The Nigerian telecommunication industry recorded significant growth in the year 2020, as Nigerians consumed a total of 205,880.4 terabytes worth of data in the year. This is according to the…
Zoom To Settle US Privacy Lawsuit For $85 Mn
Zoom, the video conferencing firm, has agreed to settle a class-action US privacy lawsuit for $85 million, it said Sunday. The suit charged that Zoom’s sharing of users’ personal data…
Twitter’s Dorsey Leads $29 Bln Buyout Of Lending Pioneer Afterpay
Square Inc (SQ.N), the payments firm of Twitter Inc (TWTR.N) co-founder Jack Dorsey, will purchase buy now, pay later pioneer Afterpay Ltd (APT.AX) for $29 billion, creating a transactions giant…
MTN Nigeria To Invest $1.5 Billion To Expand Broadband Over Three Years
MTN Nigeria plans to invest 600 billion naira ($1.5 billion) over the next three years to expand broadband access in Africa’s most populous country, its chief executive said on Monday.…
‘5G Deployment Will Boost Connectivity, Consumer Experience’
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta has reiterated the importance of 5G deployment in enhancing consumer experience and speed in network connectivity.…
Nigerian FinTechs Are Building More Solutions To Improve Lives And Businesses – TeamApt
Young founders of FinTechs firms are now building more solutions aimed at improving the lives of individuals and businesses in Nigeria. This was disclosed by the Chief Operating Officer, TeamApt…