Coinbase To Float About 114.9 Million Shares In U.S. Listing
Coinbase said on Wednesday it had registered about 114.9 million shares for its direct listing on the Nasdaq, setting the…
Category: Technology
Apple Gets Boost In French Privacy Fight, But Still Faces Probe
Apple was given a boost on Wednesday as France’s antitrust watchdog rejected advertisers’ requests to suspend the iPhone maker’s upcoming…
World Going Through Unprecedented Chip Shortage, China Trade Body Says
The world is going through an unprecedented chip shortage, Zhou Zixue, a senior official with the China Semiconductor Industry Association,…
‘Nigeria Must Intensify Cyber Security Ahead Of Broadband Revolution’
To ensure maximum impact of the New National Broadband Plan (NNBP 2020-2025), Nigeria will need to pay adequate attention to…
Toyota Chief Warns Apple Over Car Plans
Regardless of whether or not Apple is actually planning to launch a car, Toyota President Akio Toyoda has warned that…
Book On Telecoms Law, Regulations Debuts
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof, Umar Danbatta was among eminent personalities that have endorsed…
FG Okays New N6.98 USSD Rate, Telcos Shelve Withdrawal
Telecommunications operators, yesterday, suspended planned withdrawal of Unstructured Supplementary Service Data (USSD) short code service, otherwise known as banks’ transfers…
BMW Sees Significant Profit Growth In 2021
German carmaker BMW on Wednesday said it expects a significant year-on-year increase in group pretax profit in 2021 as it…
NITDA Imposes N5m Fine On Fintech For Data Breach
The National Information Technology Development Agency has fined Electronic Settlement Limited the sum of N5m for personal data breach. This…
Developers To Pay Lower Fees To Google’s App Store For First $1 Million In Revenue
Alphabet Inc’s Google said on Tuesday that it was cutting the service fee that app developers pay to Google Play…
Ford’s Turkish Joint Venture To Produce Electric Vans From 2023
Ford Motor Co said on Tuesday that the next version of its Transit van for the European market will go…
Investors Value China’s Ant Group At Over $200 Billion After IPO Halt – Sources
Some of Ant Group’s global investors have valued the Chinese fintech firm at over $200 billion based on its 2020…
Fintech Company Flutterwave Announces Partnership With PayPal
Flutterwave, the $1bn fintech company founded by Nigerian-born Silicon Valley enthusiast, Olugbenga Agboola, has announced a new partnership with global…
AFL-CIO Urges U.S. To Block Imports Of Solar Products From China’s Xinjiang
The leader of the AFL-CIO, the largest U.S. labor federation, is calling on the Biden administration and Congress to stop…
Nokia To Cut Up To 10,000 Jobs Over Next Two Years
Finnish telecoms group Nokia said on Tuesday it plans to cut between 5,000 and 10,000 jobs within the next two…
News Corp Inks Australia Facebook Deal, Signalling Truce After Blackout
Rupert Murdoch’s News Corp reached a content-supply deal with Facebook Inc in Australia, the companies said on Tuesday, a step…
Microsoft Rolls Back Update To Fix Access Issues For Thousands
Microsoft Corp said early on Tuesday glitches that affected access to workplace messaging app Teams, Outlook.com and other services have…
Microsoft Could Reap More Than $150 Million In New U.S. Cyber Spending, Upsetting Some Lawmakers
Microsoft stands to receive nearly a quarter of Covid relief funds destined for U.S. cybersecurity defenders, sources told Reuters, angering…
Bitcoin Intraday Trading Pattern Emerges As Institutions Pile In
Bitcoin has shown a tendency lately to clock its intraday low in the Asian or European session, and end near…
U.S. Stocks Edge Higher; Yield Spike Hits Tech
U.S. stocks eked out a record, though rising Treasury yields continued to weigh on technology stocks. The dollar jumped. The…
Harnessing The Power Of Mobile Marketing To Drive The Growth Of Fintech Across Africa
Although relatively new, fintech has become a hit with Africa’s mobile-first population. While traditional financial services institutions have been unable…
Netflix May Crack Down On Password Sharing
If you’re using your sister’s boyfriend’s dad’s Netflix account — listen up. The streaming giant is testing a new feature that could…
Exclusive: Posco’s Steel Plant In India Faces Disruption, Hampering Auto Supply Chain
Operations at South Korean steelmaker Posco’s plant in India’s western state of Maharashtra have been disrupted by protests over labour…
Nigerian Payments Startup Flutterwave Now Valued At Over $1Bn. Raises $170m
Nigerian payments startup, Flutterwave, has closed a $170m Series C funding round, the largest amount ever secured by an African…
With Green Energy, Japanese Governor Wants To Take Fukushima Out Of Nuclear Shadow
A decade after Japan’s devastating nuclear meltdown, the governor of Fukushima hopes the prefecture can step out of the shadow…
China Semiconductor Trade Association Establishes Work Group With U.S. Counterpart
The Chinese Semiconductor Industry Association (CSIA), a major trade association for China’s chip industry, will establish a working group with…
FCMB Introduces Paperless And Cardless Transactions At Branches, ATMs And POS Terminals
Customers of First City Monument Bank (FCMB) can now seamlessly carry out an array of transactions with just their fingerprints…
Nokia Signs Patent License Pact With Samsung
Nokia has struck a deal with Samsung to license patents covering its innovations in video standards, the Finnish telecom company…
Tesla Raises Price Of Variants Of Model Y, Model 3, Model S
Tesla Inc has increased price of its Model Y Long Range and Model S Plaid plus by $10,000, the electric-car…
China’s Smartphone Shipments Build On Post-Pandemic Rebound In February
China’s smartphone shipments increased more than threefold in February 2021 from a year ago, government data published on Thursday showed,…