Author: AdeO

Application for the  1776 Challenge Cup Lagos has opened. The Challenge Cup is a worldwide tournament for ambitious and innovative startups. For this year, organisers of the Challenge Cup are working with 75 cities to host Local Challenge Cup events. Leadspace is hosting the competition for Lagos startups. At the…

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The parent company of Snapchat, Snap Inc has acquired Placed- a Seattle-based startup that runs a consumer location analytics platform for almost $200 million. In a blog post to confirm the acquisition, David Shim, the CEO and Co-founder of Placed wrote: “Over the past 12 months, Placed has measured more than $500 million in…

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Few days ago, we reported that MTN is in talks with Multichoice on a possible takeover. Now, media reports have revealed that MTN will make a decision on its takeover talks of Multichoice whose franchise is own by Naspers in June. According to a report in Punch, talks between MTN and MultiChoice…

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Naspers has announced that it has invested $80 million in Swiggy, an online food ordering and delivery startup in India. According to a press statement, the investment will significantly help to boost Swiggy’s growth plans and expansion. Ashutosh Sharma, the head of investments in India for Naspers who will join…

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Ecobank has announced the finalists of its $500,000 Ecobank Fintech Challenge which is a competition for financial technology startups in Africa. From the hundreds of received applications, 20 FinTech startups were selected from across the continent and they will feature in the Ecobank Fintech Fellowship programme. An innovation fair and awards ceremony will…

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Android Device Manager has been renamed Find My Device by Google. This change was announced at the ongoing Google I/O (simply I/O) event which is an annual developer conference held by Google in San Francisco. The new version of the app is 2.0.014, replacing the 2-year-old version 1.4.4. The only difference…

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Favizone, an e-commerce startup has been declared the winner of Seedstars World’s first challenge in the Middle East and North Africa (MENA) region. Favizone beat off strong competition from gaming startup WanaGames and online fashion store Dabchy, that came second and third respectively. Seedstars World competition takes place every year across different…

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Apple has bought Artificial Intelligence company Lattice.io for 200 million dollars according to reports. Lattice.io uses machine intelligence to convert dark data such as unstructured text and images and then turns them into structured data that is understandable by companies and individuals. Lattice was founded in 2015. Reacting to the…

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Uber’s ride-hailing rival Didi Chuxing is set for the global market as it has launched an English version of its app. The new service is in the beta mode and only available in three Chinese cities-Beijing, Shanghai and Guangzhou. Users will have access to the English interface after they install the latest version…

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