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Portuguese data watchdog halts Worldcoin’s iris-scanning project
News Tech

Worldcoin says iris scan is safe amid scrutiny

Worldcoin has disclosed that the data of prospective users that was captured by the orb is safe as it is deleted immediately. This is in response to the concerns of experts who worried that the data would end up in the wrong hands. On a visit to one of the pop-up centres, a BBC journalist […]

featured Oil and Gas

Brent crude sells above $88/barrel, highest since Jan

Brent crude oil was trading at a phenomenal price of more than $88 per barrel early on Saturday, September 2, 2023. This is the highest point crude oil prices have reached since January 2023, according to a detailed analysis of pricing movements. Notably, on September 1, Reuters published a report indicating a strong week-over-week increase […]

Dell Technologies CEO Michael Dell's network hits $68.3bn
Business

Dell Technologies CEO Michael Dell’s network hits $68.3bn

The CEO of Dell Technologies, Michael Dell, has watched his fortune increase dramatically as the company’s market value reaches an all-time high. According to Bloomberg estimates, Michael Dell has a net worth of $68.3 billion, making him the 18th richest person on the planet. After releasing better-than-anticipated financial results and outlook, the price of Dell […]

Walmart increases stake in Flipkart with 3.5bn
News Tech

Walmart increases stake in Flipkart with 3.5bn

Walmart has spent $3.5 billion this year to settle debts with some PhonePe stockholders and buy shares from some Flipkart stakeholders. Walmart reported in an SEC statement on Friday for the first time that the $3.5 billion in expenditures occurred in the first half of 2023. Currently, nearly 80% of Flipkart is owned by Walmart. […]

Meta launches AI voice translation on Facebook, Instagram
News Tech

Faceebook adamant on ban as Canada unveils new rules

Canada said it was addressing the concerns of digital corporations when it revealed new regulations for a law requiring internet giants to pay news organisations on Friday. Facebook declared that it would continue its efforts to censor local news. Canada said that the proposed regulations, which are intended to put the recently approved Online News […]

Four consortia to repair deteriorated pipelines - NNPCL
Oil and Gas

Nigeria’s crude oil production hits 1.6m bpd – Kyari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has stated that President Bola Ahmed Tinubu has reengineered Nigeria’s oil sector, with the country now producing 1.67 million barrels of oil per day. The Times reported that this was said by him on Friday, September 1, 2023, at a news conference. […]

Features of new Lenovo handheld PC
News Tech

Features of new Lenovo handheld PC

Lenovo has announced Legion Go, the company’s first portable Windows gaming device, as well as a special new pair of Legion Glasses with a micro-OLED for immersive gaming. “As we scan the gaming landscape, we see that gamers are a versatile and varied group, and Lenovo Legion likewise endeavors to provide gamers with solutions that […]

GTCO hits N433bn profit in Q3 2023
Business

GTCO records 217% rise Q2 2023

Pre-tax profits increased by 217.09% year over year at GTCO in the first half of 2023, hitting N327.398 billion. The huge increase in gross earnings is responsible for the pre-tax profit growth that was so noticeable. Increased net interest income and substantial gains on unrealized foreign exchange revaluation are the causes of this growth. Interest […]

Fuel can sell for N200/litre with working refineries - IPMAN
News

Fuel can sell for N200/litre with working refineries – IPMAN

    The Chairman of the Rivers State Chapter of the Independent Petroleum Marketers Association of Nigeria, Joseph Obele, has urged the Federal Government to diligently proceed with the planned restoration of the country’s refineries. According to his statement, the price of Petroleum Motor Spirit (commonly referred to as petrol) would significantly decrease to below […]

Canva suffers global outage, locks out millions of users
News Tech

Canva suffers global outage, locks out millions of users

The picture and video editing platform Canva has encountered a downtime for users all over the world. According to data from outage tracker, DownDetector, the reports of the outage which started by 1:00PM have spiked to more than 700. In response to the outage, Canva appealed to users via their X handle to exercise patience […]

Google co-founder calls for ease in chip acquisition
News Tech

Google co-founder calls for ease in chip acquisition

The co-founder of Google DeepMind, Mustafa Suleyman, has urged the United States to restrict access to Nvidia’s artificial intelligence chips to customers who agree to use the technology ethically. Suleyman told the Financial Times that the US should impose basic international standards for the use of AI and that businesses should at the very least […]