Tesla offers $500 discount on EVs in China
Tesla announced on Friday that it will offer new customers of its top-selling electric vehicles in China a cash bonus of about $500 if they have a reference from an…
CBN warns banks over Russia, Iran, Cameroon transactions
By Wilson Adekumola The Central Bank of Nigeria has admonished Deposit Money Banks and Other Financial Institutions in the country to be cautious of their transactions with…
Threads surpasses 50 million users
Threads, the highly anticipated "Twitter Killer" app from Meta, has amassed an astonishing 50 million users within a mere 24 hours of its launch. The text-based microblogging service, intricately tied…
TikTok launches music streaming platform
The Chinese company ByteDance, which owns the short-video platform TikTok, announced on Thursday that it will introduce a new music streaming service in Brazil and Indonesia In an effort to…
Twitter threatens to sue Meta over Threads app
Twitter has threatened to sue Meta for infringing on Twitter's "intellectual property rights" with its new Threads app, which Mark Zuckerberg has openly referred to as a competitor. A lawyer…
Canada to donate C$15bn for Stellantis-LGES battery plant
Canada has agreed to provide substantial incentives to manufacturer Stellantis for the development of an electric vehicle battery plant in Ontario. According to Reuters, the $3.8 billion joint venture aims…
Google delays release of custom phone chip
The release of a fully customised CPU for Google's Pixel smartphones has been postponed until 2025, according to The Information on Thursday, which cited two sources familiar with the situation.…
Meta to consider monetizing Threads – Zuckerberg
Mark Zuckerberg, CEO of Meta, stated on Thursday that Meta would consider making money from the new Twitter rival, Threads. He claimed that while Meta is now focusing on gaining…
2023 Census: NPC seeks additional N256bn for training, others
The Chairman of the National Population Census, Nasir Kwarra, has asked for the release of the N31 billion capital allocation in the 2023 budget for preparatory operations ahead of the census on Thursday…
Tesla self driving vehicle’ll arrive Q2 2023 – Elon Musk
Tesla CEO, Elon Musk, revealed that the electric car giant is on track to achieve fully autonomous vehicles "later this year." Speaking at the opening ceremony of an artificial intelligence…
Threads: Twitter can never be duplicated – CEO
Twitter CEO Linda Yaccarino has stated that while Twitter is "often imitated," its community "can never be duplicated." She made this statement after Mark Zuckerberg announced that 30 million users…
Threads hits 30 million users
Meta's newly launched Threads app garnered a staggering 30 million users on its very first day, according to Mark Zuckerberg, the company's chief. Positioned as a "friendly" alternative to Twitter,…