The African tech scene woke up today to exciting news about the landmark acquisition of MainOne, one of the region’s most important and pivotal tech companies in the past decade, by Equinix, a U.S. multinational specializing in internet connection data centers. The story of MainOne starts with founder and CEO Funke Opeke moving back to […]
Continue Reading
After making a promise on Twitter, Tesla CEO Elon Musk has sold about 4.5 million shares of the electric car maker’s stock, raising over $5 billion. The sales, disclosed in 10 regulatory filings late Wednesday, amount to about 3% of Musk’s stake in the company. After the transactions, Musk still owns about 167 million Tesla […]
Continue Reading
Leaked internal documents suggest Facebook – which recently renamed itself Meta – is doing far worse than it claims at minimizing COVID-19 vaccine misinformation on the Facebook social media platform. Online misinformation about the virus and vaccines is a major concern. In one study, survey respondents who got some or all of their news from […]
Continue Reading
The Federal Government has extended the deadline for NIN-SIM data verification to the end of 2021. This was contained in a joint statement signed by the Director of Public Affairs of the Nigerian Communications Commission, Dr Ikechukwu Adinde, and the Head, Corporate Communications at Nigeria Identity Management Commission, Mr Kayode Adegoke issued on Saturday. The […]
Continue Reading
RESERVE Bank of Zimbabwe has banned on bulk airtime sales, ordering telecommunications service providers to stagger reduction of physical airtime sales to 10% in a bid to contain illicit foreign currency dealings. In a statement directed to all Mobile Telecommunications and Mobile Phone Service Providers, the Financial Intelligence Unit (FIU) director general, Oliver Chiperesa ordered […]
Continue Reading
Mr Asue Ighodalo, Chairman of the Nigerian Economic Summit Group (NESG), has said that three out of four digital start-ups, valued in excess of one billion dollars, were founded by young Nigerian entrepreneurs. Ighodalo said this in his opening remarks at the 27th Nigerian Economic Summit on Monday in Abuja. The NESG chairman said Nigerian […]
Continue Reading
Telecommunication subscribers are clamouring for a two-month extension of the October 31 deadline for National Identity Number-Subscriber Identity Module data verification. The President of National Association of Telecoms Subscribers, Adeolu Ogunbanjo, highlighted the need to further extend the deadline of the SIM-NIN exercise to allow for the full implementation of the security policy. He said, […]
Continue Reading
The World Bank has blacklisted 18 Nigerian individuals and firms for engaging in corrupt practices, fraud and collusive practices in its 2021 fiscal year 2021, a new report has revealed. A list of debarred individuals and firms was presented in a new annual report titled World Bank Group Sanctions System FY21. The debarments were made […]
Continue Reading
There’s elation and there’s euphoria, and then there’s the unrestrained rapture that descends upon Bitcoin’s emboldened bulls whenever the cryptocurrency soars to a fresh record. Bitcoin rocketed on Wednesday past its prior high in April to just under $67,000, galvanized by the successful launch of the first U.S. Bitcoin futures exchange-traded fund — the second-busiest […]
Continue Reading
Facebook’s smart glasses ambitions are in the news again. The company has launched a worldwide project dubbed Ego4D to research new uses for smart glasses. In September, Facebook unveiled its Ray-Ban Stories glasses, which have two cameras and three microphones built in. The glasses capture audio and video so wearers can record their experiences and […]
Continue Reading
