Apple Inc. will increase its share buyback program by $75 billion and raise the quarterly dividend to shareholders 5 percent. The iPhone maker announced the moves when it reported fiscal second-quarter results. The new quarterly dividend will be 77 cents per share, up from 73 cents a share, which has been in place…
Author: Tapiwa Matthew Mutisi
Facebook’s F8 developer conference kicked off yesterday, and the company just finished its opening keynote. Its overwhelming theme, according to CEO Mark Zuckerberg, is that “the future is private.” After a year plagued by controversy over whether Facebook is invading its users’ privacy and encouraging social division, it’s pushing hard…
Ever feel like Instagram is too much of a popularity contest? A new feature could help alleviate some of that stress. Instagram is experimenting with a new feature that removes exact like counts from posts, the company announced onstage at Facebook’s F8 developer conference today. The feature, which begins testing…
The protest comes six months after the historic Google walkout.
Services revenue, a bright spot for the company, posted an all-time high.
Kenya posted an impressive 136 percent year-on-year growth in tech start-up funding in 2018 to net Sh34.8 billion ($348m), pipping traditional main rivals South Africa and Nigeria, a report shows. The funding came through 44 new deals, which translated to a 76 percent year-on-year growth. “A total of 11 start-ups…
Bob Collymore Safaricom Chief Executive Officer plans to step down in August for health reasons, but the government’s insistence he should be succeeded by a Kenyan has delayed announcing a replacement, two company sources said. Mr Collymore has helped to build Safaricom into East Africa’s most profitable company, thanks to…
Taylor Swift has just smashed a big record with her new song ME!
The Google Pixel 4 and Pixel 4 XL release date is still several months away, but news and rumors are appearing more each day. These will be Google’s latest and greatest phones running on Android Q, and that’s exciting. Here, we’ve gathered all the latest Pixel 4 news, leaks, and info into one place for potential buyers.…
Apple’s iOS 12.2 update is out of beta and the milestone upgrade is now available for iPhone, iPad, and iPod touch users around the world. iOS 12.2 is much bigger than the previous version of iOS 12 (iOS 12.1.4) and comes with a long list of changes including bug fixes, patches, enhancements,…
The first iteration of Apple’s rumored iOS 13 update is getting closer and today we want to take you through everything we know, and think we know, about iOS 12’s successor. Apple is still hard at work improving iOS 12. The company recently released a massive iOS 12.2 milestone upgrade and the…
As part of its growing acquisition of content from Africa, Netflix has announced its first original African animated series – Mama K’s Team 4. The series is produced by award-winning South Africa based studio, Triggerfish Animation, and London based kids and family entertainment specialist, CAKE. Mama K’s Team 4 tells a story…
Luckin, China’s upstart coffee brand, has an audacious plan: convince China to switch from tea to coffee, overtaking Starbucks while they’re at it. It’s an expensive proposition, so they’re relying on an IPO — and a Silicon Valley mindset. “Technology is the core of our business,” Luckin Coffee, the young…
MTN Nigeria Communications has finally changed its legal status from being a Private Limited Company (Ltd) to Public Limited Company (PLC) and this recent conversion to a public company from a private company yesterday represents the first step towards a listing Nigerian Stock Exchange (NSE). On its own, though, the…
Uber drivers across the world are set to receive up to $40,000 (R572,000) as a “driver appreciation reward” ahead of the ride-hailing giant’s initial public offering. The company announced in a Securities and Exchange Commission filing published on Friday that it would pay around $300 million (R4.4 billion) to its more than 1.1…
Early investors and employees of Uber Technologies Inc. are planning to sell about $1.3 billion worth of stock in the ride-hailing firm’s initial public offering. Benchmark is the biggest seller, offering 5.7 million of its shares, according to a regulatory filing Friday. That would fetch about $270 million at the…
Uber Technologies Inc. is seeking to raise as much as $9 billion in an initial public offering that could give the ride-hailing giant a market valuation of as much as $84 billion. Uber had previously considered targeting a valuation of $100 billion, according to the Wall Street Journal, and some bankers had…
Huawei’s controversial status in North America and Europe stems from a lot of different factors. At the heart of most of them, however, is the hardware maker’s alleged ties to the Chinese government. The notion of government control has been enough to cause something approaching an outright ban on its…
Facebook said on Wednesday that it expected to be fined up to $5 billion by the Federal Trade Commission for privacy violations. The penalty would be a record by the agency against a technology company and a sign that the United States was willing to punish big tech companies. The social network…
Looks like the rumor turned out to be true.