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OpenAI CEO Sam Altman weds partner
News Tech

OpenAI CEO Sam Altman weds partner

OpenAI CEO Sam Altman on Friday wedded his partner Oliver Mulherin in a beachside wedding in Hawaii. Speaking to NBC News, Altman confirmed the news of his marriage following the appearance of images from the union on social media. The images displayed Altman and Mulherin at the location with perhaps a dozen people and palm […]

Nigeria leads Africa’s booming beauty market — Report
Business

Nigeria leads Africa’s booming beauty market — Report

Nigerians have always stood out when it comes to beauty and personal care. Little wonder the Nigerian market was reported to have imported more than $1.1 billion in cosmetics, fragrances, essential oils, and toiletries. This data comes from a comprehensive study by Beauty West Africa, the organizers of Africa’s largest beauty show event, which took place at the […]

Amazon lays off staff at Audible
News Tech

Amazon lays off staff at Audible

Amazon is cutting off 5% of the personnel at Audible, Business Insider reported on Thursday, citing a message by the president of the audiobook and podcast division. Amazon acquired the audiobook provider Audible in 2008 for around $300 million. The revelation comes as internet giants continue to drastically reduce employment, with several extending their layoffs […]

BVN registration hits 60.2m as CBN deadline nears
News

BVN registration hits 60.2m as CBN deadline nears

The number of people who have registered for a Bank Verification Number has risen to 60.2 million as of January 10, 2024. This was disclosed in the most recent BVN registration data issued by the Nigeria Inter-Bank Settlement System. The BVN database reached at 59.9 million as of December 18, 2023. According to this, between late […]

Disney subsidiary Pixar to lay off staff
News Tech

Disney subsidiary Pixar to lay off staff

The Disney-owned animation studio Pixar has acknowledged that it would be laying off employees this year. Techcrunch reports that Pixar’s staff of 1,300 will be reduced to less than 1,000 over the next several months due to massive layoffs that might reach up to 20%. Pixar claims that these figures are excessive. The studio emphasized […]

Kano Disco's $200m funding to benefit 25m Nigerians
Electricity

Kano Disco’s $200m funding to benefit 25m Nigerians

Kano Electricity Distribution Company is seeking $200 million in investment to modernize its infrastructure and modify electricity distribution for an estimated 25 million Nigerians. According to Businessday, Kano Electric is partnering with a Mauritius-based firm, BlackAion Capital, to re-capitalize the network and specifically work on the $200 million fundraise for the interconnected mini-grids and embedded generation projects in […]

Nigeria's economy to grow by 0.1% in 2024 — UN
Business News

Nigeria’s economy to grow by 0.1% in 2024 — UN

The United Nations has projected that the Nigerian economic growth to rise from 3.0% in 2023 to 3.1% in 2024. However, there are certain things that depend on the growth. The UN research indicates that Nigeria’s GDP may grow in 2024 as a result of its aggressive stance against climate change and internal oil refining. […]

Google unveils AI-powered educational tools
News Tech

Google removes underused features from AI Assistant

In order to concentrate on “quality and reliability,” Google is eliminating 17 “underutilized” features from Google Assistant, the company said on Thursday. A message that a feature will no longer be accessible after a specific date will be sent to users who request one of the functionalities that are being deleted starting on January 26. […]

WhatsApp launches sticker maker for iOS
News Tech

WhatsApp launches sticker maker for iOS

WhatsApp on Thursday launched a new iOS feature that will allow users to design, modify, and share their own stickers. You may create custom stickers or convert your own photographs into stickers with this new function. WhatsApp’s editing features, which include text, sketching, and the ability to overlay other stickers, may be used to customize […]

Microsoft plans for collaboration with AI agents
News Tech

Microsoft to store data of EU users in cloud

Microsoft announced on Thursday that its cloud customers in the European Union will be allowed to process and store all personal data in the area. Prior to this, Microsoft has permitted certain data processing in the area. As a result of the recent change, it would now additionally contain information from automatically generated system logs […]

Google unveils next Gen tools for retailers
News Tech

Google unveils next Gen tools for retailers

Google Cloud on Thursday announced new generation AI tools with the goal of assisting businesses in streamlining their back-office processes and personalizing their online shopping experiences. With Google Cloud’s Conversational Commerce Solution, businesses can incorporate agents driven by artificial intelligence into their mobile applications and websites. The agents, according to Google, are powered by “sophisticated” […]

ABB acquires Swiss company to enhance robots
News Tech

ABB acquires Swiss company to enhance robots

ABB has acquired a company that enhances industrial robot mobility by enabling them to navigate across warehouses and factories using 3D vision and artificial intelligence. ABB’s newest robotics investment, the purchase of the Swiss start-up Sevensense, is in response to the growing market demand for industrial robots with autonomous movement and functionality. The Zurich-based company […]

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