New Tech Startups to face Challenges finding Finances, Here’s Why

LISBON, Portugal — For tech start-ups trying to secure funding and go public, being in the black is the new black. At the Web Summit tech conference in Lisbon, Portugal this week, more than 2,000 start-ups vied for the attention, and pocketbooks, of venture capitalists, big tech companies and investment firms. Potential investors responded with[...]

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Lenovo amongst the Companies benefiting from the rise in Demand for Personal Computers

Chinese personal computer maker Lenovo Group reported a 20% year-on-year jump in second-quarter profit on Thursday, slightly beating analysts’ estimates, on the back of strengthening demand for its products. Lenovo’s net profit in the quarter ended September rose to $202 million, compared with an average estimate of $199.59 million by eight analysts, according to Refinitiv[...]

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Nigeria pushes indigenous technology to a Global Arena – GITEX

Nigeria’s participation at the 39th Gulf Information Technology Exhibition (GITEX), held in Dubai showed the seriousness of the country to showcase its indigenous technology. The 2019 GITEX, attracted over 200,000 trade visitors, investors, technology experts, multi-national companies and other interests groups from over 145 countries. The 2019 GITEX Technology Week, that took place from Oct.6[...]

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Why iPhone 11 lacks innovation but makes Sales

iPhone 11 Pro and 11 Pro Max are Apple's newest phones, and both tout a triple-camera setup. But this is not new. In fact, it’s one of the last smartphone manufacturers to include a wide-angle lens on its phones. LG added a wide-angle lens to its G5 and V20 phones in 2016, and Samsung introduced[...]

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Sterling Bank pioneers new form of International Payment

Sterling Bank Plc, has emerged the first bank in West Africa to go live on SWIFT Global Payments Innovation (GPI). SWIFT GPI improves the customer experience by increasing the speed, transparency and end-to-end tracking of cross-border payments. Yemi Odubiyi, Executive Director, Corporate and Investment Banking, Sterling Bank, said, “the introduction of SWIFT GPI has transformed[...]

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Federal Government investigates privacy breach on Truecaller

The National Information Technology Agency (NITDA) says it is investigating Truecaller for a potential breach of the privacy of Nigerians. In a statement released on Monday, Kashifu Abdullahi Inuwa, NITDA’s director-general, said the agency’s initial findings have shown that Truecaller’s privacy policy is not in compliance with global laws on data protection and the Nigeria[...]

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Digital Encode cautions Organizations against Cyber Security Products stealing information

Digital Encode, a cyber-security and Compliance Advisory Company has cautioned organisations against over-dependence on cyber security products for protection against cyber-attacks. The founders of Digital Encode, Dr. Wale Obadare and Dr. Oluseyi Akindeinde, who gave the warning, also expressed worries over the implementation of none impactful cyber security solutions to organisations by vendors which has[...]

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University of Ibadan Students win Artificial Intelligence Competition

Five students from the University of Ibadan have won N1 million at the Professor Ayodele Awojobi Design Competition (PAADC) for a solution that leverages robotics and Articificial Intelligence (AI) to solve societal problems. Hive, an Andela-like students-led learning community that builds robots to solve Nigeria’s social problems while teaching relevant industrial skills won the keenly[...]

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Predictions from the Greatest Visionaries of out time that have Happened!

Silicon Valley tech moguls Steve Jobs, Bill Gates, and Jeff Bezos made predictions before the new millennium that are still coming true today. Steve Jobs Jobs predicted that we would carry around "slates" with "agents" basically, iPhones with Siri. Prediction (1984): "The next stage is going to be computers as 'agents,'" Jobs told Newsweek's Access[...]

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Artificial intelligence reaches new heights as Amazon Facial Recognition Software begins Identifying “Fear”.

Amazon said this week its facial recognition software can detect a person’s fear. Rekognition is one of many Amazon Web Services (AWS) cloud services available for developers. It can be used for facial analysis or sentiment analysis, which identifies different expressions and predicts emotions from images of people’s faces. The service uses artificial intelligence to[...]

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ICT Expert outlines how Nigeria can emerge in this 4th industrial revolution

An Information Communication Technology (ICT) expert, Mr Jide Awe, says Nigeria is emerging on the adoption of the Fourth Industrial Revolution of the Information Technology. Awe, Chairman, Conference Committee, Nigeria Computer Society (NCS), said this on Tuesday in an interview with the News Agency of Nigeria (NAN) in Abuja while reacting to the readiness of[...]

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Huawei joins the Summer Pattern of New and Affordable Smart Phones

Huawei just announced Pre-Order for the HUAWEI Y9 Prime 2019, its latest smartphone that packs stunning innovations that won’t break the bank, is now available. Boasting an all-new bezel-less Ultra FullView Display, the latest from Huawei is a smartphone that packs some really unique and cool features. The all new HUAWEI Ultra FullView Display One[...]

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Electric Scooters are the Future of Transportation- Chinese Tech CEO!

As many cities are trying to boost environmentally friendly public transit systems, one Chinese tech CEO says smart electric scooters may be the new future of urban mobility. Due to congestion in many cities, cars tend to travel at about 15 kilometers per hour, on average, while moving room in subways during rush hour is[...]

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Code-Sharing Agreement signed Between Turkish Airlines and Kuwait Airways will soon commence!

Turkish Airlines has signed a code-sharing agreement with Kuwait Airways. Kuwait Airways currently operates seven weekly flights with 330/320/777 fleets to Istanbul and seven weekly flights to Sabiha Gokcen Airport. In turn, Turkish Airlines operates 28 flights with 320/738/330 fleets from Istanbul, and 14 flights with 320/738 fleets from Sabiha Gokcen. The agreement will allow[...]

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British Airways to pay over 200million dollar Fine After Data theft Incident!

British Airways-owner IAG is facing a record $230 million fine for the theft of data from 500,000 customers from its website last year under tough new data-protection rules policed by the UK’s Information Commissioner’s Office (ICO). The ICO proposed a penalty of 183.4 million pounds, or 1.5% of British Airways’ 2017 worldwide turnover, for the[...]

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