Trump Blasts Bitcoin, Facebook’s Libra, Demands Banking Regulations
U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook’s proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted to “become a bank.”
UNN Produces First Nigerian Electric Car
University of Nigeria Nsukka (UNN) has recorded an outstanding feat by producing the first electric car in Nigeria.
U.S. To Probe French Plan To Tax Tech Companies
U.S. President Donald Trump on Wednesday ordered an investigation into France’s planned tax on technology companies, a probe that could lead to the United States imposing new tariffs or other trade restrictions.
MTN Nigeria Announces Data Price Reduction
Telecommunications outfit MTN Nigeria on Wednesday announced a price reduction across all its data plans and offerings.
Instagram Adds Tools To Help Fight Cyberbullying
Facebook-owned Instagram is adding tools and programs aimed at reducing abusive comments on the app.
Nigeria Internet Users Increases In May – NCC
The Nigerian Communications Commission(NCC) monthly data has revealed that the nation added 3.12 million new Internet users in May 2019, Concise News reports.
Bitcoin Near Two-week Highs, Fueled By Hopes For Facebook’s Libra
Bitcoin held on Tuesday near its highest for two weeks after surging as much as 9% overnight, a move analysts said was probably driven by hopes that cryptocurrencies are gaining wider acceptance after Facebook disclosed plans for a digital coin.
Why British Airways Is Facing Record $230 Million Fine
British Airways owner IAG is facing a record of 230 million dollars fine for theft of data from 500,000 customers.
Jaguar Land Rover To Build Electric Cars At UK Plant
Jaguar Land Rover is making a multi-million pound investment to build electric vehicles in Britain, in a major boost for the UK government and a sector hit by the slump in diesel sales and Brexit uncertainty.
Amazon’s Jeff Bezos Signs Off $38billion For Ex-wife In Biggest Divorce Deal
Amazon founder Jeff Bezos and ex-wife MacKenzie Bezos finalised their divorce Friday to the tune of a $38-billion settlement, Bloomberg News reported.
Tecno Phantom 9 Review, Full Specs And Price In Nigeria
Tecno Mobile on Thursday, July 4 launched its flagship smartphone Tecno Phantom 9 in Nigeria and it is quite packed with cool specs and interesting design.
What Facebook Said About Outages Across Instagram, WhatsApp, Messenger
Facebook on Wednesday said it is aware of an outage affecting users of its apps in various parts of the world and said it was working on a fix.
Facebook’s Libra Cryptocurrency Needs Deep Thought And Detail – UK Regulator
Facebook unveiled its Libra digital coin last month, raising immediate concerns over its potential impact on privacy from lawmakers and regulators around the world.
Apple Moves Mac Pro Production From U.S. To China
Apple Inc is moving manufacturing of its new Mac Pro desktop computer to China from the United States, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Google Announces New Subsea Cable ‘Equiano’, Connecting Africa And Europe
Google on Friday announced a new subsea cable dubbed “Equiano” that will connect Africa with Europe, as it boosts its cloud computing infrastructure.
iPhone Designer Jony Ive To Leave Apple
The Briton who over two decades helped turn Apple into the world’s most valuable company, Sir Jony Ive, is leaving to set up his...
Uber To Establish Boat Taxi In Lagos
Uber Technology Inc. is making moves to establish its boat business in Lagos, in order to beat traffic gridlock, Concise News reports.
Bitcoin Slides 12%, Ending Recent Surge
Bitcoin’s price skidded 12% lower on Thursday to around $11,383 after hitting an 18-month high of nearly $14,000 earlier this week.
Israeli Startup NeuroBlade Raises $23 Million To Develop AI Chip
Israeli startup NeuroBlade said on Wednesday it has completed a $23 million early funding round, led by Marius Nacht, co-founder of Check Point Software Technologies, with the participation of new investor Intel Capital.
Instagram Doesn’t Spy On Users, Says Mosseri
Instagram chief Adam Mosseri says the company doesn’t snoop on private conversations as part of its advertising targeting strategy.