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Here we bring you the latest news on technology and innovation

Tesla Falls Big In The Second Quarter But Reassures Of Profitability In The Third...

Famous manufacturer of electric automobiles Tesla falls way below analysts' expectations. The company released its second quarter earnings update, and it's a steep loss. Here's what Tesla reported, versus what analysts expected based on average...

New Cameroon Tax Law Requires Telcos To Pay For Each App Downloaded From Phones...

– New Cameroon tax law requires telcos to pay 200F ($.35) for each app downloaded from phones on their networks. – This only applies to ‘foreign’ apps and is considered an import tax. – Who bears...

Interswitch Reignites Plans To Go IPO with a valuation of $1.5 Billion

Interswitch is planning to go public later on in the year. The Nigeria-based payments firm hopes to make a dual listing in London and Nigeria's stock-markets. And JPMorgan Chase & Co., Citigroup Inc. and Standard Bank...

French Media Giant, Canal+, Acquires Nollywood Film Studio, ROK

Nigerian production studio, ROK film studios from VOD company IROKO TV, has been acquired by French media giant, Canal+ ROK studios is a depot of Nigerian movies with more than 500 movies and 25 TV shows, making...

White House Hosts Social Media Summit Without Social Media Companies

Today thursday, President Trump is set to host an all exclusive social media summit at the White House with some of his biggest social media supporters and some lawmakers. He tweeted, " The White...

OLX Is Now Jiji

OLX, a fast-growing online classifieds marketplace, has been acquired by jiji, another fast- growing online classifieds marketplace. OLX Nigeria, OLX Ghana, OLX Kenya, OLX Tanzania, and OLX Uganda, were all involved in the acquisition. Following the...

President Trump Lifts US Ban On Huawei, But With A Condition!

If you have been following through the US ban on Huawei story and all the ordeals Huawei have had to go through since the ban, it would interest you to know that Huawei has...

Apple To Lose Its Star Designer, Jonathan Ivy, And Here’s Why

Apple's star designer Jonathan Ive has announced he will be leaving Apple to start his own firm "LoveForm", later this year. Ive's departure is "to form an independent design company which will count Apple amongst...

Nigeria’s Telecoms Giant MTN Launches 4G+ In Lagos, Abuja And Port-Harcourt

Nigeria's telecoms giant MTN has launched its optimized fourth generation Network (4G+) in Lagos, Abuja, Port-Harcourt to provide upgraded service to its customers. MTN 4G+ runs on 4G LTE Advanced Technology using a combination of...

Facebook Unveils Its Cryptocurrency Called Libra

Today Facebook announced it's Cryptocurrency called Libra. The name was inspired by Roman weight measurements, the astrological sign for justice and the French word for freedom, said David Marcus, a former PayPal executive who...