Author: Staff Writer

Baidu Inc., the prominent Chinese search giant, has announced its plans to establish a venture capital fund with a total investment of 1 billion yuan ($145 million). The fund aims to support start-ups focused on content generated by artificial intelligence (AI) applications. In addition, Baidu will be launching a developer…

Uganda’s Zofi Cash announced that it has raised $1m pre-seed funding from Advancly. Founded in 2020 by Paul Kirungi (CEO) and Gordon Turibamwe (CTO), Zofi Cash is a digital financial platform taking care of employees’ financial emergencies before payday by providing Instant Salary Advances. The startup offers salary advances at a…

Morocco-based healthtech startup DataPathology has raised $1 million (10 million Dirhams) from Azur Innovation Fund to expand its network of laboratories in Morocco and Africa. It also intends to enhance its internal capabilities to augment the volume of data processed within its platform. This follows the successful raise of $196,000…

If you’re a Jeep owner and you’ve ever found yourself wanting to buy parts for your vehicle, you know it can be challenging to find a place to sell them. That’s because many companies don’t specialize in Jeep parts and accessories. They only sell parts for one vehicle brand or…

Trades have been one of the best options for businesses to present their products and services to the right target audience and potential clients, especially in the B2B segment. That’s why the B2B trade show market was worth $10.2 billion in 2022. But attracting attendees is not an easy task.…

Chip maker, Nvidia, has joined the ranks of companies valued over $1 Trillion such as Alphabet Inc., Amazon.com Inc., Apple Inc. and Microsoft Corp. Fewer than 10 companies globally have ever achieved this level. Founded in 1993 by three American computer scientists, Jensen Huang (CEO), Curtis Priem, and Christopher Malachowsky, NVIDIA is known for…

Puzzle games are a great way to have fun and challenge yourself, but they can also provide significant benefits to your brain. Whether you enjoy crossword puzzles, Sudoku, or jigsaw puzzles, these games can help keep your brain sharp and improve your cognitive functions. The best part is that today…

The ability to share screens on WhatsApp is coming to Android phones. According to WABetaInfo reports, WhatsApp beta for the Android 2.23.11.19 update is allowing some beta testers to try out the screen sharing feature. This new feature is similar to screen sharing feature available on platforms like Zoom. Once…

Crypto marketplace Patricia announced that it is temporarily suspending withdrawals on its app (mobile and web) due to a recent security breach. It stated that Patricia Personal, the retail trading application, was solely affected by this breach and BTC and Naira assets were compromised. It however reassured stakeholders that all…

Neuralink, an American neurotechnology company developing implantable brain–computer interfaces, announced that it has received approval from the US Food and Drug Administration (FDA) to commence human clinical trials. In our blog post in December 2022, we reported that Elon Musk had hoped that brain chip would be implanted in humans…

The financial forecast isn’t looking too good. The winds of change are approaching, as global conflicts, supply chain squeezes, and over-active energy prices plunge currencies into states of inflation. There are sunnier shores on the horizon if you know where to look. Baton down the hatches with gold bars and…

OpenAI has raised $175 million for its OpenAI Startup Fund as disclosed in Securities and Exchange Commission Filing. The company launched the OpenAI Startup Fund in 2021 with initial backing from Microsoft and other investors. The company said at the time of the launch that it would put $100 million into the fund.…

Eyowo, a digital bank operating in Nigeria, has issued a statement on Twitter to its customers and the public to remain calm despite the recent announcement of Microfinance license revocation by the Central Bank of Nigeria (CBN). With its revocation, this means that it has been disconnected from other banks…

Netflix has started its crackdown on subscribers who give their friends and families living elsewhere their passwords to watch programmes on their Netflix accounts. Starting from Tuesday, the video on-demand service provider started sending the email below to members who are sharing Netflix outside their household in the United States…

Kunda Kids, the award-winning children’s media publisher and creative studio, today announces the launch of the Kunda & Friends YouTube series, the company’s flagship animation series, premiering on May 29th at The Cineworld Cinema at The O2 in Greenwich, London. This launch comes a few months after the company closed…

Meta has entered an agreement to sell Giphy, the animated GIF search engine, to Shutterstock for “$53 million of net cash paid at closing, inclusive of working capital.” Three years ago, Meta bought Giphy for $400 million but was later ordered by a UK regulator to dispose of the company due…

Tech giant Microsoft has announced the introduction of Windows Copilot, an AI ‘personal assistant’ for Windows 11. This makes Windows 11 the first PC platform to announce centralized AI assistance for users. This announcement was made at the company’s Build developer conference on Tuesday. Activating Windows Copilot is a user-friendly…

Tyme, the parent body of a South African digital bank TymeBank, announced that has raised $77.8 million in a a pre-Series C round led by Norrsken22, an Africa-focused tech growth fund, and Blue Earth Capital, an independent global impact investment firm. Other participants in this round include Tencent which increased…

Most modern businesses understand how customer data and information are crucial to their operations. A business owner can generate insights and make better decisions by utilizing them. While this sounds good, inspiring, and comforting, remember that not all data is valuable. For example, information on how a customer prefers one…

Innovation is the province of the visionary; it’s what sets the leaders apart from those that follow. Is it hard to achieve? Of course, it is, otherwise everyone would be doing it. To innovate is to do something new, and nobody can be doing that all the time. As a…