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Category: Technology

Technology

S.Korea’s Krafton, Maker Of Hit Game ‘PUBG’, Tumbles On Debut

Shares in Krafton Inc (259960.KS), the Tencent Holdings-backed (0700.HK) South Korean company behind blockbuster video game “PlayerUnknown’s Battlegrounds” (PUBG), fell as much as…

byEkeminiAugust 10, 2021
Apple Says Photos In iCloud Will Be Checked By Child Abuse Detection System
Technology

Apple Says Photos In iCloud Will Be Checked By Child Abuse Detection System

Apple Inc (AAPL.O) on Monday said that iPhone users’ entire photo libraries will be checked for known child abuse images if they…

byEkeminiAugust 10, 2021
Deliveroo Shares Rise After German Rival Takes Stake In The Business
TechnologyWorld

Deliveroo Shares Rise After German Rival Takes Stake In The Business

Shares of food delivery firm Deliveroo climbed over 10% Monday after the company announced larger German rival Delivery Hero has…

byakintundeAugust 9, 2021
Southeast Asia’s Tech Start-Ups Could be valued at $1 trillion By 2025, VentuCapital Firm Predict
LocalTechnologyWorld

Southeast Asia’s Tech Start-Ups Could be valued at $1 trillion By 2025, VentuCapital Firm Predict

Southeast Asia’s technology start-ups had a combined valuation of $340 billion last year and that figure may jump more than…

byakintundeAugust 9, 2021
TikTok Owner ByteDance Aims For Hong Kong IPO By Early 2022 – FT
Technology

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…

byEkeminiAugust 9, 2021
Cisco Denies Report Of Developing Private-Cloud Subscription Service
Technology

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…

byEkeminiAugust 9, 2021
New EV Battery Designs Unlikely To Dampen Metals Demand, Miners Say
Technology

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…

byEkeminiAugust 9, 2021
Apple To Roll Out Photo Checking System On Country-By-Country Basis
Technology

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…

byEkeminiAugust 9, 2021
NetEase Delays $1 bln Hong Kong Listing Of Music Streaming Firm – Sources
Technology

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…

byEkeminiAugust 9, 2021
Flutterwave To Drive US Expansion As It Appoints Silicon Valley Veteran As Head Of US Growth
TechnologyWorld

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…

byEkeminiAugust 6, 2021
Nigeria Can Generate Billions of Dollars From Cloud Computing Services To Unlock Growth Opportunities
LocalTechnology

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…

byEkeminiAugust 6, 2021
Huawei Chairman Says The ‘Aim Is To Survive’ As Revenue Slides 30%
MarketTechnologyWorld

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…

byakintundeAugust 6, 2021
U.S. FTC Says Facebook Misused Privacy Decree To Shut Down Ad Research
TechnologyWorld

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…

byEkeminiAugust 6, 2021
Qualcomm Tops Magna’s Bid With $4.6 Billion Offer For Veoneer
TechnologyWorld

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%…

byEkeminiAugust 6, 2021
Tech’s Pandemic Boom Is Coming To An End
TechnologyWorld

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…

byakintundeAugust 5, 2021August 5, 2021
Huawei Cloud Ranked World’s 5th Largest LaaS Provider
AfricaTechnology

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…

byEkeminiAugust 5, 2021
Google’s New Policy Allows Crypto Ads To Be Run Again
Technology

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…

byEkeminiAugust 5, 2021
Koo, India’s Microblogging Platform Begins Move To Register In Nigeria
TechnologyWorld

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…

byEkeminiAugust 5, 2021August 5, 2021
Twitter ban: Nigerians Lose N150.46bn In Two Months
LocalTechnology

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…

byEkeminiAugust 5, 2021
U.S. Crime App Citizen Rolls Out First Paid Tool, Connecting Users To Safety Agents
TechnologyWorld

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…

byEkeminiAugust 4, 2021August 4, 2021
Brazil Retailers Hunt For M&A Deals To Compete For E-Commerce Dominance
BusinessTechnologyWorld

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…

byEkeminiAugust 4, 2021
New York Times Digital Subscription Growth Slows To Lowest In Three Years
BusinessTechnologyWorld

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…

byEkeminiAugust 4, 2021
Ether Falls 1% Ahead Of Major Upgrade To Ethereum Network
TechnologyWorld

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…

byEkeminiAugust 4, 2021
Sony Posts Record Q1 Profit On Pandemic Demand For Devices And Content
TechnologyWorld

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…

byEkeminiAugust 4, 2021
Elon Musk’s Photos Show SpaceX Rolling Out Its Massive Rocket Booster For Starship
InvestingTechnologyWorld

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…

byakintundeAugust 4, 2021
Marvell Tech To Acquire Innovium For $1.1 Bln As It Courts More Cloud Customers
BusinessInvestingTechnology

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…

byEkeminiAugust 3, 2021
Amazon Warehouse Workers Overwhelmingly Rejected A Union. Now They May Vote Again
TechnologyWorld

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…

byEkeminiAugust 3, 2021
Bill Gates And Melinda French Gates Are Officially Divorced Following 27-Year Marriage
TechnologyWorld

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…

byakintundeAugust 3, 2021
Nigerians Spend Over N100 Billion On Browsing In 2020
LocalTechnology

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…

byEkeminiAugust 3, 2021
Zoom To Settle US Privacy Lawsuit For $85 Mn
TechnologyWorld

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.…

byEkeminiAugust 3, 2021August 3, 2021

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