What’s Behind SpaceX’s $74 Billion Valuation: Elon Musk’s Two ‘Manhattan Projects’
Elon Musk’s SpaceX is now worth $74 billion after it raised more capital last week – and the strong demand for shares means…
Category: Technology
Facebook’s Move To Restrict Australian Publishers Was A ‘Nuclear Option,’ Expert Says
Facebook is trying to exert its monopoly power in Australia, by restricting publishers from posting content on Facebook Pages, according to…
Why Gadhafi’s Private Jet Is Gathering Dust On A French Airfield
The images that came out of Tripoli International Airport in August 2011 have become defining symbols of the downfall of…
Apple ‘Developing’ Magnetic Battery Pack For IPhone
Apple is reportedly developing a new iPhone charging accessory in the form of a battery pack that magnetically attaches to…
Hushpuppi Laundered Funds For North Korean Hackers- US
New details have emerged about the case against Instagram influencer, Ramon Abbas, fondly referred to as Hushpuppi. According to the United State…
Stocks Making The Biggest Moves In The Premarket: Deere, Dropbox, Novavax & More
Deere (DE) – The heavy equipment maker earned $3.87 per share for its fiscal first quarter, compared to a consensus estimate…
Mars Landing, Kitty Goes To Washington And Auctioning Digital Art
It’s been a week of wild weather for regions across the globe — from snow in Jerusalem to a deep freeze in Texas.…
Nigerian Communication Commission Allocates 383 Million New Telephone Numbers To Operators
The Nigerian Communications Commission has provided 382.94 million new telephone numbers for the use of telecommunications operators. The commission assigned…
Nigeria, 17 Others Testing 5G In Africa
New statistics from the Global mobile Suppliers Association (GSA) has revealed that Nigeria and some 17 countries in Africa are…
Inaccessible Spectrum Cut-Off 950m Africans From Internet
Despite continued progress in the expansion of mobile service and Internet connectivity, 50 per cent of Africans (680 million people)…
Chief Executive Of Japan’s Honda To Step Down, Hand Reins To R&D Chief
Japan’s second-biggest automaker by sales, Honda Motor Co, said on Friday its chief executive, Takahiro Hachigo, would step down and…
UK Court Blocks Release Of HSBC Papers In Huawei CFO Fraud Case
A British judge on Friday blocked the release of internal HSBC documents relating to U.S. fraud allegations against Huawei Chief…
Renault Clings To Turnaround After Record $9.7 Billion Loss
Renault said on Friday that margins and sales had begun to recover in the second half of 2020 as it…
After Many Threats, Google Begins Paying For News In Australia
In January, Google threatened to make its search engine unavailable in Australia if the government approved legislation that would force tech companies…
IT Solution Recognised As Key Digital Platform
Omdia, formerly Ovum, one of the world’s leading research and consultancy company, has featured Comviva’s mobiquity Banking Suite as one…
Online Fraud Rising As More Nigerians Fall Victims
Increasing number of Nigerians count their losses as activities of cybercriminals continue to rise year-on-year (Y-o-Y) basis. A report from…
Ehingbeti: Experts Urge Goverment On Digital Policy Consistency
Technology experts at the ongoing Lagos State Economic Summit, Ehingbeti, have stressed the need for governments to maintain policy consistency…
Apple lobbies For India Incentives As It Plans IPad Assembly
Apple Inc is angling to participate in a new scheme to boost India’s exports of computer products, part of what…
Texas Energy Freeze Stretches To Sixth Day, Raises Mexico’s Ire
Texas’s freeze entered a sixth day on Thursday, as the largest energy-producing state in the United States grappled with massive…
New York Attorney General Sues Amazon Over Covid Shortfalls
New York Attorney General Letitia James sued Amazon.com on Tuesday over its handling of worker safety issues around the Covid-19 pandemic at…
US Sells $200m In Weapons To Egypt Despite Human Rights Abuses
The United States approved an arms sale worth nearly $200m to Egypt but vowed to press human rights issues after…
Interswitch Joins Nigeria’s $17Bn E-commerce Market With Quickteller Business
Interswitch-owned Quickteller has become the latest entrant in the Nigerian e-commerce market estimated at $17 billion. The payment unit announced…
Africa Leads Global Mobile Money Growth With 46 Percent
There are about one billion mobile money accounts globally, according to latest report by cybersecurity giants, Kerspersky. These accounts, the…
How Roblox, A Video Game Platform For Kids, Became A $30 Billion Company
More than half of the children in the United States play video games on Roblox. In fact, the massively popular…
Energy Prices Jump As Millions Left Without Power In Texas
Energy prices jumped Tuesday as a deep freeze in the South boosted demand for fuel and hampered production. More than…
Goldman Sachs To Launch Digital Investment Platform In Marcus Push
Goldman Sachs Group Inc is launching a digital wealth-management platform that allocates and rebalances customers’ wealth across portfolios of stocks…
UK Watchdog Voices Concern Over $9.2 Billion Ebay-Adevinta Deal
Britain’s competition watchdog on Tuesday raised concerns over Adevinta’s planned acquisition of U.S. e-commerce group eBay’s classified ads business, sending…
Toyota To Suspend Output From Nine Factories In Japan Due To Quake
Toyota Motor Corp said on Tuesday it will temporarily suspend vehicle production on 14 lines at nine group factories in…
33 Million Nigerians On YouTube, WhatsApp, Others
Thirty-three million Nigerians are active on social media, with the most used social media platforms being WhatsApp, Facebook and YouTube.…
Amazon Says To Make TV Streaming Device In India
Amazon.com Inc will start making its TV streaming device in India this year via a unit of Taiwanese contract manufacturer…