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

TikTok opens research software to European researchers

The short-video app TikTok made its research software available to researchers in Europe on Thursday. This is as the new EU rules forcing Big Tech to do more to monitor online material come into effect. “TikTok is proactively rolling out its Research API ahead of further technical guidance and launching a commercial content library ahead […]

Google launches Project IDX for AI-enabled browsers
featured News Tech

Google explores use of AI tools for journalism

Google is looking into utilising artificial intelligence capabilities to produce news pieces and is in discussions with news organisations to deploy the tools to support journalists, a spokesperson said late Wednesday. The spokesman did not identify the publishers, but according to the New York Times, Google has spoken with a number of publications, including the […]

US, Africa partner to strengthen trade
Business

US, Africa partner to strengthen trade

The US-African Business Summit, which drew more than 1300 participants and took place in mid-July in Gaborone, Botswana, has focused mainly on developing measures to improve trade and economic ties between the two continents. The mid-July summit was organized by the Corporate Council on Africa as a follow-up to the December 2022 US-African Leaders Summit in […]

WhatsApp unveils feature to allow users create unnamed groups
News Tech

WhatsApp back up after global outage

Instant messaging platform, WhatsApp is back up after a massive outage Wednesday, which left billions of users in distress. The downtime of the Meta-owned app affected users’ ability to contact friends and family on a global scale. “We are working quickly to resolve the connectivity issues on WhatsApp and we’ll update you here as soon […]

Mutual Trust MFBank to review employee salaries by 50%
Banking

Mutual Trust MFBank to review employee salaries by 50%

A leading microfinance bank known for its prompt and quality financial services, Mutual Trust MFBank Limited, has approved a considerable increase in employee salaries across all boards by up to 50%. The recent price increases in fuel, electricity, and other commodities brought on by the current economic conditions are the reason for this pay rise. The junior […]

Unity's Apple Vision Pro game tool available in beta
News Tech

Unity’s Apple Vision Pro game tool available in beta

Unity has disclosed that the visionOS beta for its development platform had begun. The device will assist developers in converting and producing a 3D experience for Apple’s “spatial computing” platform, PolySpatial was introduced at WWDC along with the Vision Pro headset. The platform offers users who have previously created applications using the Unity Engine familiar […]

Netflix's ad-supported subscription plan rises to 94m users
News Tech

Netflix ends cheapest ad-free subscription in US, UK

Netflix has discontinued its basic plan for the subscribers in the US and the UK. This is Following the removal of the basic plan subscription package in Canada by the streaming giant. Users with the base plan could watch Netflix in 720p on a single screen, but new subscribers won’t be able to purchase the […]

Patronize locally-made products, firm urges Nigerians
Business

Patronize locally-made products, firm urges Nigerians

The creator of the Nigerian social networking startup Valleytop Communications, Mr. Andrew Odoe, condemned the country’s ongoing preference for imported goods on Wednesday, blaming it on its people’s dislike for domestic companies. Odoe exhorted the populace and institutions to invest in the improvement of locally owned goods, claiming that Nigerians are unconcerned about projects that will […]

Naira plunges to record low against pounds
Economy

Exchange rate hits N860/$1 on black market

The naira-to-dollar conversion rate on the black market has been listed as high as N860 to $1. This information was obtained from certain BDC operators who blame the depreciation on rising demand. Additionally, they claim there is a “demand onslaught” against the dollar. The “inflow” exchange rate, which corresponds to foreign currency traded via bank […]

Oil and Gas

Fuel hike: Why old stock sell at new price – Marketers

The Independent Marketers Association of Nigeria, which represents oil marketers, has emphasized that in order for its members to continue operating, they must sell their petrol stock at the new pricing. Due to their inability to raise the necessary funds to load from depots and the Nigerian National Petroleum Company Limited, several of IPMAN’s members […]

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