Egypt Capitalises On Bond Boom With $3bn Borrowing Plan
Egypt will raise $3 billion by selling dollar bonds maturing in as long as 40 years as it seeks to take advantage of low borrowing costs and investors’ hunger for…
South Korean Boy Invest With 43% Gains Is New Retail Trading Icon
Watching the business news first thing is a new routine for 12-year-old South Korean Kwon Joon, as he dreams of becoming the next Warren Buffett after earning stellar returns of…
UK Tech Entrepreneur Lynch Starts Fights Against U.S. Extradition
British tech billionaire Michael Lynch begins his fight against extradition to the United States to face charges over the sale of the software company he co-founded on Tuesday, in a…
Tesla Says You Could Soon Pay For One Of Its Cars With Bitcoin
Tesla is betting big on bitcoin, saying it may soon accept the digital currency as payment for its cars. And the most valuable car company on the stock market said…
Renesas Boosts Power And Connectivity Prowess With $6 Billion Dialog Deal
Renesas Electronics Corp has agreed to buy Dialog Semiconductor for 4.9 billion euros ($5.9 billion) in cash, boosting its position in low-power technology and connectivity across smart devices, cars and…
Shell, Mitsubishi Unit Eneco To Supply Wind Power To Amazon’s European Facilities
Royal Dutch Shell and renewables firm Eneco, owned by Japan’s Mitsubishi Corp, will provide Amazon.com Inc’s European facilities with electricity from an offshore wind farm, they said on Monday. Retail…
Tweets From Elon Musk And Celebrities Send Dogecoin To A Record High
Dogecoin is surging after billionaire Elon Musk and a number of celebrities appeared to back the cryptocurrency on Twitter. The meme-inspired token rallied 65% in 24 hours to a record…
Asia-Pacific Stocks Mostly Rise; China Announces New Anti-Monopoly Rules Aimed At Tech Giants
Stocks in Asia-Pacific were mostly higher on Monday, as investors monitored shares of China’s tech giants following the release of new anti-monopoly guidelines over the weekend. Chinese tech shares were…
Kuaishou Share Price Nearly Triples On Market Launch
Shares of the Chinese short-form video app Kuaishou surged more than 190% on the company’s launch on Hong Kong’s stock exchange on Friday. Shortly after the company listed, shares were…
StarHub, Nokia Support 5G Rollout
StarHub and Nokia are to deploy a cloud-native core network for standalone (SA) 5G services scheduled for launch this year, giving the Finnish vendor a second key core contract in…
Emerging Tech Trends To Watch For In Nigeria In 2021: Fintech & Remote Working
Covid-19 pandemic has changed the world & has created a new working standard for many jobs. Adoption of using internet for work & personal use has increased much faster than…
Facebook Marketplace Unveiled In Nigeria
Facebook has announced the launch in Nigeria of a marketplace, a convenient destination where people can discover, buy and sell items from others in their local communities. According to a…
China’s Big Tech Companies Are Now Fighting With Each Other
As China sharpens its antitrust crackdown on the country’s massive tech companies, two of the industry’s biggest players are taking the fight to each other. Douyin — the Chinese version…
Meet Andy Jassy, The Next CEO Of Amazon
Amazon founder Jeff Bezos will transition from CEO to executive chair and pass the reins to Andy Jassy, a 24-year Amazon veteran, later this year, the company announced Tuesday. Though…
Satellite Boom Attracts Technology Giants
Earlier this month, 10 payloads were lofted on the Virgin Orbit rocket, which was launched from under the wing of one of the entrepreneur’s old 747 jumbos. Sir Richard is…
Weighing Economic Implications Of SIM Card Blockage
As revealed by the National Bureau of Statistics (NBS), the IT sector in Nigeria thrived tremendously, despite the challenges witnessed by other sectors of the economy. It not only contributed…
Exclusive: Suspected Chinese Hackers Used SolarWinds Bug To Spy On U.S. Payroll Agency – Sources.
Suspected Chinese hackers exploited a flaw in software made by SolarWinds Corp to help break into U.S. government computers last year, five people familiar with the matter told Reuters, marking…
Canada To Partner Nigeria On Sustainable Energy Solutions
Canadian government and businesses have expressed willingness to partner with Nigeria in achieving clean and sustainable energy solutions. Canadian High Commissioner, Nicolas Simard gave the assurance during a facility tour…
No Digital Economy Without Research’
The drive to enthrone a digital economy in Nigeria may not be impactful without adequate and thorough research. This is according to the Director, World Bank Sponsored Africa Centre of…
SpaceX’s Starship Test Flight Ends In Fiery Crash, Again
A prototype of a SpaceX rocket the company hopes will one day journey to the moon and Mars has exploded in a roaring ball of flames as it tried to…
Telcos Collect 56.18 Million NINs, FG Fixes April 6 Deadline
A total of 56.18 million National Identity Numbers have been collected by the mobile network operators and submitted for linkage with their respective Subscriber Identification Modules. Also, the ongoing NIM-SIM…
Uber Is Betting $1.1 Billion On Alcohol Deliveries
Uber’s future used to be self-driving cars. Now it’s delivering alcohol. On Tuesday, the company announced that it is acquiring alcohol delivery startup Drizly for $1.1 billion in stock and…
Ferrovial Launches New Attempt To Offload UK Outsourcer Amey
The process will put into play a business which has held government contracts ranging from prisoner transportation for the Ministry of Justice to maintenance of the UK’s rail and road…
Facebook To Prompt Users About Personalised Ads Ahead Apple’s Privacy Changes
Loss of privacy to social media platforms is at the heart of debates today on communication technologies and how these are changing how people live, work and love, tech giants…
Cybercrooks In Virtual ‘Scramble For Africa’
Africa’s mobile fraud losses will continue to rise above last year’s $4billion to peak at a record $5billion by the end of this year, Paris-based anti-fraud campaigner, David Lotfi has…
Robinhood CEO Explains To Elon Musk Why His Platform Restricted Trading Last Week
The co-founder of Robinhood took to invitation-only audio chat app Clubhouse to defend the investment platform’s decision to restrict trading in GameStop and other volatile stocks. GameStop shares have climbed…
Ford And Google Sign Six-Year Deal For In-Car Connectivity And Cloud Services
Ford and Google are entering a six-year deal that will make the tech giant responsible for much of the automaker’s growing in-vehicle connectivity. Google will also provide cloud computing and…
Nigeria: NCC Moves To Curb Data Depletion, Faulty Deductions
The Nigerian Communications Commission (NCC) has stepped into all cases of data depletion and wrong deductions of consumers’ credit through an ongoing forensic audit instituted by the Commission. The Executive…
San Francisco Businesses Teeter On The Brink After A Year Of Lockdowns, Fires And Other Hurdles
In late October, when San Francisco moved into California’s least-restrictive Covid-19 “yellow tier” — indicating minimal spread of the coronavirus — Lauren Crabbe was hopeful. Crabbe, the owner of Andytown…
Tesla Service Now Includes Collision Repairs, Fulfilling Elon Musk’s 2018 Promise
Elon Musk’s electric car company notified customers on Friday that Tesla Service Centers now offer collision repairs, something the company has been talking about since 2018. In a message to…