As the fight against piracy and copyright infringement continues, pirate platforms where people download digital items free of charge are slowly losing their popularity
Microsoft takes its Metaverse dreams a step further with the acquistion of activision
Microsoft, American’s leading multinational technology corporation that produces computer software, consumer electronics, personal computers, and offers other services, announced plans to acquire gaming giant Activision Blizzard for $69 billion, as part of a move to ramp up its gaming and Metaverse plans.
Nigeria’s telecom sector: Flying high over cloudy skies
The telecoms sector remained the bright spot in a weak economy in 2021 (Q3 2021 GDP:10.87%). The growth in the telecommunications sector was supported by the advent of the global pandemic which led to the increased use of digital channels
Equinix is acquiring Nigeria’s MainOne for $320 million as it expands into Africa
Equinix, the world’s digital infrastructure company announced today that it is acquiring MainOne, a West African data centre and connectivity solutions provider with a presence in Nigeria, Ghana, and the Ivory Coast, for $320 million.
Meta, formerly known as Facebook, plans to launch retail stores as part of metaverse push
Meta, the owners of Facebook, is concluding plans to open its first retail stores ahead of its plans to develop products for the metaverse
Owner’s of TikTok step into virtual reality space with acquisition of Pico
ByteDance, the parent company of TikTok, has made its first push into virtual reality (VR) with the acquisition of Pico, a start-up.
AfDB to spend $1 million to upgrade Africa’s old hydropower stations
The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) has approved a one-million-dollar grant for the modernization of Africa’s aging hydropower fleet.
Google founders earn $93.6 billion in 8 months
In just 8 months, Larry Page, 48, and Sergey Brin, 47, both founders of Google, have recorded impressive gains in their wealth valuations.
Visa expands She’s Next initiative in Africa, empowering women entrepreneurs with digital capabilities
New Visa research reveals that 54% of ‘cash only’ merchants have missed business opportunities, with 70% of women-owned businesses expecting eCommerce to expand beyond the pandemic
Drivers to receive $23 million funding from Uber Nigeria’s partner
Mobility fintech start-up, Moove, has raised $23 million to help Uber Technologies Inc. drivers buy cars in sub-Saharan Africa.