Clubhouse Closes New Round Of Funding That Would Value App At $4 Billion
Audio-chat app Clubhouse closed a new Series C round of financing, the company said during its weekly town hall on…
Category: Technology
GM, LG Energy Solution To Build 2nd U.S. Battery Plant In Tennessee
General Motors Co (GM.N) and South Korean joint-venture partner LG Energy Solution on Friday said they will build a second U.S. battery…
Media Portrayal Of Nigeria Led Twitter To Choose Ghana For Africa Office -Minister
Twitter Inc (TWTR.N) failed to choose Nigeria for its first African office because the media misrepresents the country, its information minister said…
Federal Government Supporting Private Developers To Provide Electricity – Osinbajo
The Federal Government is currently supporting private developers to provide electricity through solar energy, the Vice President, Prof. Yemi Osinbajo,…
Controversial Payment: RCCG Petitioner Apologises As Fashola Faces Senate
The Minister of Works and Housing, Mr Babatunde Fashola, on Thursday, explained how his Ministry paid N151m to the Cartil…
Nine Power Plants Shut, Federal Government Apologises For Outages
The Federal Government on Thursday said nine power plants were currently shut down, as this was why power outages had…
ARK buys $110m Coinbase Shares, Adding To Positions
Celebrity stockpicker Cathie Woods’ ARK funds bought more shares of Coinbase (COIN.O) worth $110 million a day after the cryptocurrency exchange’s…
Hyundai Motor Group Names New Chief For Mobility Division
Hyundai Motor Group said on Friday it has formed a new mobility division to launch more service models and named…
Google Earth can now show you how much the planet has changed in 37 years
Google Earth received its first big update since 2017 on Thursday. The highlight is a new time-lapse feature that lets you…
Jeff Bezos says Amazon needs to do a better job for employees in his final shareholder letter as CEO
In his final letter to shareholders, Amazon CEO Jeff Bezos on Thursday laid out a broad vision for the future of the…
Mobile gaming company AppLovin starts trading at $70, giving it a market cap of about $24 billion
Mobile gaming company AppLovin began trading Thursday at $70 per share. The nine-year-old company, which has a portfolio of mobile games and…
Apple could stop making new iPhone Mini models by 2022, top analyst says
Apple’s 2022 iPhones could come in four different models with significantly improved cameras, TFI analyst Ming-Chi Kuo said in a…
Coinbase stock whipsaws after landmark Nasdaq debut
Coinbase shares whipsawed Thursday morning, a day after the cryptocurrency exchange went public in a blockbuster direct listing. The firm’s stock price…
Nikola, Iveco & OGE Sign Preliminary Hydrogen Distribution Agreement
Truckmaker Iveco, electric and hydrogen vehicle maker Nikola and German gas network operator OGE said on Wednesday they entered a…
Mastercard, Uber Extend Partnership
Uber and Mastercard have extended their partnership with a new strategic initiative focusing on digital payments and advancing financial inclusions.…
Online Transactions Rise By 99% To N22.77tn
The value of transactions carried out online by bank customers jumped to N22.77tn in March 2021, the latest data from…
Apple Will Launch New Products On April 20
Apple is set to host its first product launch of the year next week, and it’s expected to announce updates…
Cryptocurrency Market Now Worth $2tn – Report
The cryptocurrency market has grown exponentially in 2021 and is now worth a staggering $2.0 trillion as it increasingly attracts…
Europeans Want Digital Euro To Be Private, Safe And Cheap: ECB Survey
Euro zone citizens expect the European Central Bank’s proposed digital euro to be private, safe and cheap, an ECB survey…
Toshiba CEO Steps Down, Shares Surge On Bidding War Expectations
Toshiba Corp CEO Nobuaki Kurumatani resigned on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners…
Buying Diamonds In Lockdown? WhatsApp Can Be Your Best Friend
As Italy entered a new coronavirus lockdown and shut shops in March, Genoa-based jeweller Gismondi 1754 turned to messaging service…
Coinbase Listing Marks Latest Step In Crypto’s March To The Mainstream
Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, will list on the Nasdaq on Wednesday, marking a milestone in the…
HP Seizes 54,000 Nigeria Counterfeit Products, Largest In EMEA
In the past year, the HP Anti-Counterfeiting and Fraud team stopped the potential sale of 54,000 counterfeit toner and ink…
Microsoft In Discussions To Buy Nuance Communications: Report
Technology giant Microsoft is in advanced discussions to buy the US group Nuance Communications, which specializes in artificial intelligence, for…
No Going Back On NIN, SIM Verification, Says Pantami
Minister of Communications and Digital Economy, Dr. Isa Pantami, yesterday, said Federal Government would not go back on the verification…
Twitter Chooses Ghana To Grow Its African Presence
Twitter has opened its first African office in Ghana to grow its African presence. The company is actively looking for…
Appzone Secures $10m Series A, Biggest Investment Led By Nigerian VC
Nigerian-founded venture capital firm CardinalStone Capital Advisers is leading a $10 million Series A funding in Appzone that delivers best-in-class…
Kyari Excited As Train Delivers Gas Pipes For For $2.8bn AKK Project
For the first since its take-off last year, the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline project received a boost at…
White House To Zero In On Chip Shortage In Meeting With Company Officials
Senior White House officials will meet on Monday with top executives from nearly 20 major companies to discuss a global…
Smartphone Shipments In China In March Increase 67.7%: CAICT
Shipments of smartphones within China increased 67.7% year-on-year to 35.5 million handsets in March, the China Academy of Information and…