Author: Staff Writer

Moko Home + Living, a Kenyan furniture startup, has raised $6.5 million for expansion in the Kenyan market. This Series B debt-equity funding round was co-led by by U.S.-based investment fund Talanton and Swiss investor AlphaMundi Group. Other participants include Novastar ventures, Blink CV, Kenya’s Victoria Commercial Bank which offered…

In May 2022, three tech giants Apple, Google and Microsoft said they were planning to kill off the use of passwords across mobile, desktop and browsers, with “passkeys” being the replacement. Passkeys are backed by the giants and the FIDO Alliance. Apple implemented the support in iOS 16 and now Google is…

Bytedance, the company behind TikTok, is planning to expand its music streaming service globally to compete with industry leaders like Spotify and Apple Music. WSJ reports that the company has begun talks with music labels and it plans to integrate music streaming within its short-video service and scale it to…

Starlink CEO Elon Musk announced that “figures from the Chinese government asked him directly to withhold Starlink access within China. This was revealed in an interview Musk had with Financial times (FT) as reported by The Verge. Musk told FT that, in the publication’s summary, “Beijing has made clear its disapproval of…

Binance, a cryptocurrency trading platform, confirmed that it lost at least $100 million to hackers. This forced the Binance blockchain, also known as BNB Chain and Binance Smart Chain, to suspend transactions and fund transfers after discovering a vulnerability affecting the BSC Token Hub cross-chain bridge. The exploit was on…

Google unveiled its latest range of Google smartphones – Google Pixel 7 and Pixel 7 Pro – at the at the Made by Google event in New York City today. It was unveiled alongside the new Google Pixel Watch. The Pixel 7 has a 6.3-inch display and smaller bezels while…

Google unveiled its first full-featured premium smartwatch: the Google Pixel Watch at the Made by Google event in New York City today. It was unveiled alongside the new Pixel 7 and Pixel 7 Pro smartphones. According to the tech giant, the Google Pixel Watch “brings together helpfulness and convenience from Google…

The 6-week investigation into abuse of power and sexual impropriety allegations brought against Eke Urum has been completed and a statement released on the outcome. We reported in August this year that Risevest CEO, Eke Urum agreed to step aside to allow for the independent investigation set up by Risevest…

The Nigerian Advertising Regulatory board, Advertising Regulatory Council of Nigeria (ARCON) has sued Meta, owners of Facebook, Instagram and WhatsApp platforms, and its agent AT3 Resources Limited for showing unapproved advertisements to the Nigerian audience and loss of revenue. According to the regulatory body in the suit filed at the Abuja division…

Finally, Elon Musk is buying Twitter. This was confirmed in a letter sent on Tuesday by Elon Musk and his representatives that he is going ahead with the $44 billion takeover bid after so many “interruptions”. According to the letter by a representative of Skadden, Arps, Slate, Meagher & Flom LLP,…

The Royal Swedish Academy of Sciences have awarded the Nobel prize in Physics 2022 to Alain Aspect, John Clauser and Anton Zeilinger “for experiments with entangled photons, establishing the violation of Bell inequalities and pioneering quantum information science” According to the press release, the winners have each conducted groundbreaking experiments…

Microblogging and social networking service, Twitter, has introduced two new video features to increase the viewing experience on the platform. These new products are a result of the increased traction that videos are getting on social media platforms. According to the company, Videos are a huge part of the public…

International calling app Talk360 announced that it has secured an additional $3 million in seed round funding, taking its total seed round to $7 million after its first closing in May this year. Talk360 is an easy-to-use calling app that helps people around the world to make reliable and affordable…

If you’ve not yet embraced the latest and greatest technologies in your laboratory, now is the time to do so. You can use advanced technological gadgets and devices in your lab to boost efficiency, enhance automation, and increase the accuracy of your results. Nowadays, it’s almost impossible to stay on…

Nigeria’s NNPC Limited announced that it has acquired OVH Energy Marketing (OVH), owner and operator of the Oando branded retail service stations and ASPM Limited, custodians of the Lagos Midstream Jetty. According to both companies in a press release, NNPC Limited will take over 380 OVH Energy fuel stations in…

Google announced that it is shutting down its game streaming, Stadia, just two years after it launched. According to the tech giant, it is shutting down because the service has not gained the traction with users that it expected. Stadia witnessed a surge in users in 2021 after the tech…

Regardless of the size of your business, if you own two or more vehicles, it now operates a fleet. Many people underestimate fleet management. However, it is a complex role. You need a fleet manager to oversee operations to ensure your business can continue to run smoothly. Some of your…

Today, Meta announced the launch of the AMBER Alert Programme on Facebook and Instagram in Nigeria. Working in partnership with the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), this programme is aimed at helping to find abducted children by sending AMBER Alerts to the local Facebook and…

Bamboo, a Nigerian online brokerage startup, announced that it has launched operations in Ghana. Launched in January 2020 by CEO Richmond Bassey and COO Yanmo Omorogbe, Bamboo is a Fintech startup that offers a digital platform that gives customers unrestricted access to trade in over 3,000 stocks listed on the…

Vendease, a food procurement platform for African restaurants announced that it has raised $30 million ($20 million equity and $10 million debt) in a Series A funding round led by Partech Africa and TLcom. Other investors that participated in this round include existing investors such as VentureSouq, Hustle fund, Hack…