Technology

A striking change in content consumption habits has been seen recently in the digital environment. There is one media that has completely taken over the internet world: podcasting. Written articles, movies, and photographs continue to keep their ground. Millions of listeners worldwide have been enthralled by podcasting due to its…

The European Union has introduced stricter regulations against tech giants. The regulations were released on Tuesday with a list of 19 companies that will be placed under stricter regulatory control through its Digital Service Act (DSA). The companies, including Facebook, Twitter, and 17 others, are classified as very large online…

Jack Dorsey, co-founder and former Chief Executive Officer (CEO) of Twitter has launched a new application called ‘Bluesky’ on Android. Bluesky is to rival Twitter. It was launched on Android a few hours after Elon Musk removed Dorsey’s verification badge on the microblogging platform. The “social internet” of the future will…

Nigerian crypto-based fintech, Lazerpay has announced it is shutting down operations. It said the decision to shut down comes after unsuccessful fundraising attempts. In a statement issued via its official Twitter handle on Thursday, the CEO, Njoku Emmanuel, said Lazerpay ceased operation after multiple fruitless efforts to raise funds for…

One of the biggest Bitcoin platforms in Nigeria, Peer-too-peer Bitcoin platform, Paxful, with 1.5m users in Nigeria has closed down. The piece of news about the shutting down of the Bitcoin platform was shared by the co-founder and Chief Executive Officer, Ray Youssef. While speaking on the issue on a…

The parent company of Facebook, Meta, has announced it would lay off more than eleven thousand (11,000) employees. A Fox Business report said the development, which emerged on Tuesday, followed a disclosure in a letter Meta CEO Mark Zuckerberg wrote to staff. Zuckerberg disclosed that the company will reduce its…

Amber Heard appears to have deactivated her Twitter account after her ex-boyfriend Elon Musk acquired the platform. A search for @realAmberHeard as of Thursday, November 3, showed the movie star’s account was missing. It was not immediately clear why Heard shut down her account. She remains active on Instagram but has not…

Social media company, Twitter, could carry out massive layoffs especially if billionaire Elon Musk completes his $44 billion purchase of the company. While pitching his deal to buy Twitter to investors, Musk said he planned to get rid of nearly three-quarters of the firm’s workers, lopping its ranks to just over 2,000…

Google has been fined more than $160 million by India’s anti-trust watchdog after a probe found the tech company abused its top position in the local smartphone market. Google’s Android mobile operating system is by far the biggest in India and is run on 95 percent of all the country’s…

Elon Musk has accused the social media platform, Twitter, of fraudulently holding back information about the company as part of a countersuit. The countersuit by the billionaire and Tesla CEO alleges that Twitter committed fraud, breach of contract, and violation of a securities law in Texas, where Musk lives. Musk’s…

The United States has jailed two top executives of a United States-based fintech company, Ping Express. The executives who are Nigerians have been sentenced to 27 months imprisonment for breaching money laundering rules. The fintech executives who are Nigerians with the names Anslem Oshionebo and Opeyemi Odeyale pleaded guilty to…

A booster rocket developed by Elon Musk’s SpaceX for its next-generation Starship spacecraft burst into flames during a ground-test firing in Texas. Things went south in a Monday, July 11, test in Texas where space company’s Super Heavy Booster 7 prototype exploded as seen in a livestream recorded by the…

Tesla CEO Elon Musk has threatened to pull out of his deal to purchase Twitter as he accuses the social media giant of ‘resisting and thwarting’ his right to information about spam and fake accounts on the platform. Musk threatened to walk away from his $44 billion deal to acquire Twitter…

The world’s richest man and Tesla CEO, Elon Musk on Friday, received approval from the federal government to launch his Starlink network in Nigeria.The SpaceX founder will now be competing with the likes of MTN, Airtel, and several others for Nigeria’s massive telecommunication market.The billionaire’s announcement revealed that after months…

Elon Musk has threatened to pull the plug on the Twitter deal until the social media company shows proof of its spam account figures. The Tesla CEO, who last month offered $44billion for the tech platform, disputes their claims that bots represent around five percent of their users, believing the figures could be ‘much…

A Nigerian photographer has cashed out on Non-Fungible Tokens. In a Twitter post, Adewunmi Rasaq Babatunde revealed that he sold three of his photographs for the sum of N740,000. He sold the photographs at Non-Fungible Tokens, NFTs, on Opensea. The photographer said that each picture was sold at 0.15 ETH…

Elon Musk, the world’s richest man has been praised for his acquisition of Twitter. Former boss and co-founder of Twitter, Jack Dorsey said this in a Tweet while reacting to the $44 billion deal. Dorsey tweeted: “In principle, I don’t believe anyone should own or run Twitter. It wants to…

Cyril Ilok has tendered his resignation at MTN Nigeria. Ilok resigned as the chief risk and compliance officer of the telecom giant. Uro Ukpanah, company secretary at MTN Nigeria, in a statement on Wednesday, said the resignation would be effective from September 30, 2022. “Ilok joined MTN Nigeria on November…

Vanguard Group has displaced the richest man in the world, Elon Musk as the largest shareholder on twitter. On Thursday, April 14, Vanguard Group increased its stake of 8.4 percent (67.2 million shares) in Twitter to 10.3 per cent (82.4 million shares), according to documents sent to the U.S. Securities…

Tesla CEO Elon Musk has offered to buy 100 per cent of Twitter for $54.20 per share in cash, stating that he wants it to be transformed into a private company. Musk’s offer price of $54.20 per share, which was disclosed in a regulatory filing on Thursday, April 14, represents…