Blog

Spotify launches ‘Upcoming Releases’ hub to track new albums
News Tech

Spotify to launch tool for software development teams

Spotify is launching “Confidence,” a new commercial tool for software development teams based on its in-house experimentation platform. “Spotify’s data scientists and engineers have been developing and honing our product testing methods for years,” Spotify said in a statement. Teams can easily set up, conduct, coordinate, and analyse their own user tests with the help […]

News

PHOTOS: Shettima receives briefings from BPE, NDPHC

Vice President Kashim Shettima on Friday received briefings on the operations of two agencies under his supervision, the Niger Delta Power Holding Company and the Bureau of Public Enterprises.   According to a release signed and issued by the Director Information, Office of the Vice President, Olusola Abiola, the chief executives and management staff of […]

Electric car maker Nikola gets new CEO
News Tech

Electric car maker Nikola gets new CEO

Nikola Corp, a manufacturer of electric trucks, announced on Friday that president and CEO Michael Lohscheller will step down due to a family health concern. According to a statement from the corporation, Lohscheller has decided to resign due to a family health issue and will be returning to Europe. Board Chairman Steve Girsky, a former […]

Nigerian Exchange ahead in Africa with 33.70% gain
Economy

Naira drops to N890/$1 in black market as FX crisis worsens

The parallel market sector of the foreign exchange market is currently not favourable for the Nigerian Naira as it has dropped to N890 per dollar. This is due to the fact that its value is rapidly declining on the open market against the US dollar as the country struggles with a foreign exchange liquidity crisis […]

Google's Alphabet cuts 90% stake in trading app Robinhood
Tech

Google’s Alphabet cuts 90% stake in trading app Robinhood

The parent company of Google, Alphabet has made a pivot, slashing its stake in Robinhood Markets by nearly 90%. This move comes on the heels of Robinhood’s recent announcement of its maiden profit as a public entity. Robinhood, once the shining star of fintech during the pandemic, captured the attention of retail traders with its […]

Transcorp director Helen Iwuchukwu steps down
Business

Transcorp director Helen Iwuchukwu steps down

Transcorp Hotels Plc’s Board of Directors has announced Helen Iwuchukwu’s resignation as Non-Executive Director. According to Nairametrics, this information was provided in a corporate action that was submitted to the Nigerian Exchange and retrieved by Nairametrics. An excerpt from the formal announcement, which was signed by the acting group company secretary, Funmi Olofintuyi, is provided below: The Board […]

Microsoft pulls plug on Cortana
News Tech

Microsoft pulls plug on Cortana

Microsoft is discontinuing its digital assistant Cortana this month in favour of more recent AI innovations like Bing Chat, and other AI-powered Edge. According to a Microsoft support, Cortana will no longer be available as a standalone app for Windows starting in August 2023. Cortana will continue to exist in some capacity for Windows users […]

Amazon, OnlyFans founder express interest as TikTok sale deadline nears
News Tech

TikTok introduces safety features for EU Digital Act

Short video social media network TikTok, has released a number of new safety features for European users. TikTok unveiled these features in an effort to better comply with impending European Union laws. ByteDance, the company that owns TikTok, Google, and other major online platforms will be compelled to regulate illegal content on their platforms, prohibit […]

Huawei establishes cloud centre in Saudi Arabia
Tech

Huawei handset business eyes comeback

Head of Huawei Technologies’ consumer business, Richard Yu, has expressed confidence in the resurgence of the company’s handset business during its annual developer conference in Dongguan. Yu revealed that Huawei’s share of the domestic smartphone market grew by an impressive 76.1 percent in the second quarter, positioning it as a strong contender in the high-end […]

Elon Musk’s xAI in talks to raise $10bn at $75bn valuation
News Tech

X: Elon Musk lunches live video on Twitter

The CEO of Twitter, Elon Musk on Friday morning tested Twitter live to millions of his followers and users. The live video feature is the newest from the tech billionaire who has been introducing many features to the microblogging platform. A report from Semafor on Thursday stated that Elon Musk is planning to add a […]

Meta's Threads hits 175m monthly users amid challenges
News Tech

Threads daily usage drops 80% – Report

Threads, Meta’s Twitter counterpart, is having trouble retaining users as its daily active user count has decreased by roughly 45% since its launch according to reports. Threads became the fastest-growing app ever created when it surpassed 100 million users just a few days after its release. Within hours of its launch, Threads had more users […]