Technology

Nigeria First: Indigenous businesses still need more protection — Ekeh

Nigeria First: Indigenous businesses still need more protection — Ekeh

By Prince Osuagwu, Hi-Tech EditorDespite the Nigeria First Policy designed to give indigenous businesses greater opportunities in government procurement, Nigerian companies are still not getting enough protection, Chairman of Zinox Group, Dr. Leo Stan Ekeh, has warned. Ekeh said the situation could spell doom for the economy, arguing that Nigeria cannot build a sustainable digital […]
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WWE joins TikTok and brings popular entrance music to the app

WWE joins TikTok and brings popular entrance music to the app

WWE has one of the most popular YouTube channels in the world and has become a social media force, and today (as reported by Variety) the company officially joined TikTok. There’s a WWE TikTok channel, sure, but more important to wrestling fans and meme creators is that WWE’s arrival brings with it a slew of […]

Microsoft reveals new Xbox Series X console with futuristic design

Microsoft reveals new Xbox Series X console with futuristic design

Microsoft unveiled its “fastest, most powerful” Xbox gaming system yet Thursday — and it looks straight out of a sci-fi movie. With a vertical design resembling the black monolith from “2001: A Space Odyssey,” the Xbox Series X will have four times the processing power of its predecessor, the Xbox One X, and the capability […]

Tim Cook says monopolies aren’t bad if they’re ‘not abused’

Tim Cook says monopolies aren’t bad if they’re ‘not abused’

Apple CEO Tim Cook defended the existence of monopolies in business with a key distinction. During an interview with Nikkei Asian Review on Wednesday in Tokyo, the tech mogul discussed several topics, including the company’s efforts to constantly innovate and its impact on the broader US economy. “A monopoly by itself isn’t bad if it’s […]

Samsung to invest an extra $8 billion in China chip plant

Samsung to invest an extra $8 billion in China chip plant

Samsung Electronics will increase investment at its chip factory in China by $8 billion to boost production of NAND flash memory chips, Chinese media reported on Tuesday. The South Korean group’s investment comes as the memory market is expected to rebound next year because of limited supplies and rising demand for fifth-generation devices and networks. […]

Cadillac vehicles shifting to electric from gas by 2030: executive

Cadillac vehicles shifting to electric from gas by 2030: executive

The head of General Motors Co’s Cadillac luxury brand said on Thursday that a majority, and possibly all, of the brand’s models, would be electric vehicles by 2030. Cadillac president Steve Carlisle also said Cadillac was on track for “low double-digit” sales growth in China in 2019, despite a drop in overall sales in the […]

Apple’s China iPhone shipments fall 35% in November: Credit Suisse

Apple’s China iPhone shipments fall 35% in November: Credit Suisse

Apple Inc’s iPhone shipments in China fell more than 35% in November, marking their second straight double-digit decline as sales of the cheaper iPhone 11 remained sluggish, brokerage Credit Suisse said on Thursday. Shares of the company fell more than 1% to 267.67 in early trading. ALSO READ: Oil prices climb to highest in three months […]

Facebook delays naming oversight board members until 2020

Facebook delays naming oversight board members until 2020

Facebook will not announce the first members of its independent oversight board this year as it originally expected, the company said on Thursday. The new board will be able to make final decisions on whether individual pieces of content – such as a sensitive video or ad – should be displayed on the site, even […]

Australia tells Facebook and Google to commit to competition rules

Australia tells Facebook and Google to commit to competition rules

Australia said on Thursday technology giants such as Facebook Inc (FB.O) and Google (GOOGL.O) will have to agree to new rules to ensure they do not abuse their market power and damage competition, or the government will impose new controls on them. Prime Minister Scott Morrison said the Australian Competition and Consumer Commission (ACCC) will […]

Porsche gets 30,000 down payments for new electric car

Porsche gets 30,000 down payments for new electric car

Some 30,000 drivers have made down payments for Porsche’s first electric car, according to the high-end automaker’s chief executive. Those customers in Europe have plunked down 2,500 euros toward the Porsche Taycan, CEO Oliver Blume told the German newspaper Handelsblatt. The company has locked more than 10,000 of those buyers into concrete orders for the […]

Ferrari CEO expects fully-electric car after 2025

Ferrari CEO expects fully-electric car after 2025

Ferrari will issue its first fully electric model after 2025, with battery technology still requiring more development, Chief Executive Louis Camilleri said. Ferrari has previously said a fully electric vehicle would be launched after the current industrial plan ends in 2022. Analysts have said they do not expect it before 2023. ALSO READ: 5 female entrepreneurs […]

BREAKING: TCN begins maintenance, promises to restore power nationwide

BREAKING: TCN begins maintenance, promises to restore power nationwide

By Udeme Akpan Barely a few minutes after the suspension of strike by the National Union of Electricity Employees, NUEE, the Transmission Company of Nigeria, TCN, has intensified efforts, targeted at completing maintenance and restoring power supply to consumers nationwide. READ ALSO: Electricity workers suspend strike The managing director, TCN, Mr. Usman Mohammed, did not […]

Google’s $2.1B acquisition of Fitbit faces DOJ probe: sources

Google’s $2.1B acquisition of Fitbit faces DOJ probe: sources

Google’s $2.1 billion acquisition of Fitbit will face scrutiny by the Department of Justice amid data privacy fears, The Post has learned. The controversial merger in recent days was cleared for review by the DOJ after federal law enforcement tussled with the Federal Trade Commission, which had also sought authority to investigate the deal, according […]

Apple’s new $60,000 Mac costs more than a Tesla

Apple’s new $60,000 Mac costs more than a Tesla

A maxed-out version of Apple’s latest desktop computer costs more than a souped-up Tesla. The new Mac Pro released Tuesday, whose design has been likened to a giant cheese grater by tech geeks on Twitter, tops out at nearly $60,000 for customers who opt for all the bells and whistles. By comparison, the Performance version […]

Jeff Bezos’s Blue Origin rocket makes 12th test flight

Jeff Bezos’s Blue Origin rocket makes 12th test flight

Jeff Bezos Blue Origin, the space company owned by Amazon CEO Jeff Bezos, launched the 12th crewless test of its New Shepard rocket on Wednesday, pushing the first flights with passengers to 2020. The 60-foot-long (18-meter) suborbital rocket reached an altitude of 65 miles (105 kilometers), according to preliminary information, crossing the internationally recognized boundary […]

Huawei wins contract to develop German 5G network

Huawei wins contract to develop German 5G network

Chinese telecom giant Huawei on Wednesday won a contract to supply 5G infrastructure in Germany but the politically sensitive deal is subject to government approval following US concerns about snooping. Telefonica Germany, the second biggest operator after Deutsche Telekom, said it was giving Huawei and Finland’s Nokia an equal role in the project, calling the […]