Naija News Feed
Technology
Capturing Energy Data: DAQ Systems in Renewable Sources
Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa Source: Unsplash.com The modern world’s quest for sustainability paints renewable energy as a silver bullet against carbon… The post Capturing Energy Data: DAQ Systems in Renewable Sources first appeared on Innov8tiv. Capturing Energy Data: DAQ Systems in Renewable Sources Innov8tiv.com
Innov8tiv.com -
5 Strategies to Optimize Your Crypto Portfolio During This Bull Run
The cryptocurrency market is buzzing with excitement as its upward trend offers numerous opportunities to enhance financial prospects. While the ways to profit in the crypto sphere are abundant, we’ve conducted thorough research to identify the most effective strategies for you. This article will discuss five proven methods to bolster your crypto portfolio during the […] The post 5 Strategies to Optimize Your Crypto Portfolio During This Bull Run appeared first on Tekedia.
Tekedia -
Innovation in Education: Winterveldt High’s Leap into Tech
Speaker of Council, Cllr. Mncedi Ndzwanana, partnered with the Telkom Foundation, Tshwane North College (TNC), CoGTA, and Eskom to provide Winterveldt High School learners with essential resources. The school received 31 computers and 34 chairs, marking a significant step towards preparing Tshwane’s youth for the digital era. This initiative reflects the Speaker’s vision to cultivate […] The post Innovation in Education: Winterveldt High’s Leap into Tech first appeared on IT News Africa | Business Technology, Telecoms and Startup News.
IT News Africa -
Communicate a Higher Purpose as a Business Leader
Tesla confirmed investors’ concerns, showing a 9% quarterly drop for sales and 48% for its adjusted profit. But by the time Elon Musk was done, the stock was up by 10%. Facebook’s Meta revenue increased 27% in Q1 2024, a significant improvement over the 4% growth it saw in the same quarter a year ago. […] The post Communicate a Higher Purpose as a Business Leader appeared first on Tekedia.
Tekedia -
Meta’s Stock Plummets 19%, wiping $200bn off market cap as Zuckerberg Pushes AI and Metaverse Vision
Meta Platforms Inc., under the leadership of CEO Mark Zuckerberg, faced a turbulent earnings call as investors responded with skepticism to the company’s focus on artificial intelligence (AI) and the metaverse.  Despite the social media conglomerate reporting stronger-than-anticipated profit and revenue for the first quarter, shareholders expressed disappointment, causing Meta’s shares to nosedive by as much as 19% in […] The post Meta’s Stock Plummets 19%, wiping $200bn off market cap as Zuckerberg Pushes AI and Metaverse Vision appeared first on Tekedia.
Tekedia -
Russia to seize $440 million from JPMorgan
In a significant development amidst ongoing international tensions, a Russian court has ordered the seizure of $440 million from JPMorgan Chase’s bank accounts in Russia. This move comes after the largest American lender froze these accounts following the invasion of Ukraine by Russia. The court’s decision aligns with a lawsuit filed by state-owned VTB Bank, […] The post Russia to seize $440 million from JPMorgan appeared first on Tekedia.
Tekedia -
Complexities of a Potential Bitcoin Mining Ban in USA amid Block Developing Full Bitcoin Mining System
In recent news, discussions have emerged regarding the Biden administration’s approach to Bitcoin mining within the United States. The administration has proposed a plan that could potentially impact the American Bitcoin mining industry significantly. This proposal includes the introduction of the Digital Asset Mining Energy tax (DAME), which aims to impose a 30% excise tax […] The post Complexities of a Potential Bitcoin Mining Ban in USA amid Block Developing Full Bitcoin Mining System appeared first on Tekedia.
Tekedia -
Shaping the Future of Cyber Resilience: SA Edition
Commvault will host its SHIFT Event on May 10th, 2024, in Sandton, South Africa. This event, titled ‘Shaping the Future of Cyber Resilience – SA Edition,’ aims to address the evolving landscape of cyber resilience. IT industry stakeholders will convene with industry leaders, experts, Commvault executives, partners, and fellow customers at The Leonardo Hotel in […] The post Shaping the Future of Cyber Resilience: SA Edition first appeared on IT News Africa | Business Technology, Telecoms and Startup News.
IT News Africa -
BlockDAG Soars Past Polygon (MATIC) & PEPE With $20.6M Presale & Moon-Shot Keynote, Projects 30,000x ROI
BlockDAG has catapulted to the forefront of the cryptocurrency market, surging past competitors like Polygon (MATIC) and PEPE with an impressive $20.1 million presale and an exhilarating moon-shot keynote. This groundbreaking initiative has set the stage for an ambitious 30,000x ROI, highlighting BlockDAG’s potential to revolutionise the blockchain landscape. Leveraging advanced Directed Acyclic Graph (DAG) […] The post BlockDAG Soars Past Polygon (MATIC) & PEPE With $20.6M Presale & Moon-Shot Keynote, Projects 30,000x ROI appeared first on Tekedia.
Tekedia -
👨🏿‍🚀TechCabal Daily – US signs bill that could see to a TikTok ban
In today’s edition: The DRC is going after Apple for its cobalt use || US signs bill that could see to a TikTok ban ||Nigeria investigates data breach that leaked info of 100 million Nigerians || Funding tracker
TechCabal -
Best Crypto to Invest in: BlockDAG’s $20.6M Presale and Moon Keynote Video Teaser Shift Focus from Galaxy Fox Presale End
BlockDAG is making waves in the cryptocurrency arena with its innovative combination of speed, scalability, security, and potential for high profits, offering investors up to a 30,000x ROI after its mainnet launch. Having raised over $20.6 million in its presale and set a cap of 150 billion coins to maintain value and scarcity, BlockDAG is […] The post Best Crypto to Invest in: BlockDAG’s $20.6M Presale and Moon Keynote Video Teaser Shift Focus from Galaxy Fox Presale End appeared first on Tekedia.
Tekedia -
El Salvador’s Official Debunks Rumour of Breached Bitcoin Wallet by Hacker Group
El Salvador’s officials have released a statement debunking rumors that the country’s Bitcoin wallet was breached by a hacker group CiberInteligenciaSV. The official of the Salvadoran Bitcoin wallet (Chivo), via a press release, stated that its users’ data and the wallet’s source code are protected, denying allegations of its links to a hack that exposed […] The post El Salvador’s Official Debunks Rumour of Breached Bitcoin Wallet by Hacker Group appeared first on Tekedia.
Tekedia -
 
 
Bitcoin Price Plummets Below $64,000, Triggers $210 Million in Liquidations Within 24 Hours
The price of Bitcoin reportedly declined below the $64,000 price, which impacted the overall crypto market, triggering $210 million in liquidations within 24 hours. Bitcoin’s significant decline had a widespread impact on the overall market, majorly affecting altcoins, which experienced larger drops than BTC. In the last 24 hours, Solana (SOL) plummeted by over 7%, […] The post Bitcoin Price Plummets Below $64,000, Triggers $210 Million in Liquidations Within 24 Hours appeared first on Tekedia.
Tekedia -
The Freedom of Labour with Abolition of Non-Compete Clause
The United States frees “Labour” but that does not mean “Capital” with intellectual property is free, and must not necessarily be free: “In a landmark decision that marks a significant shift in the landscape of American labour and competition law, the Federal Trade Commission (FTC) has issued a final rule banning non-compete agreements nationwide. This […] The post The Freedom of Labour with Abolition of Non-Compete Clause appeared first on Tekedia.
Tekedia -
BlockDAG’s Moon-Themed Keynote Teaser Captures Attention, Leaving BitcoinDogsClub’s Listing Behind with a $20.6 Million Presale
BlockDAG’s presence in the cryptocurrency market is more pronounced than ever, especially with the recent unveiling of its moon-themed keynote teaser. This strategic release has propelled its presale to an impressive $20.6 million, distributing about 8 billion coins. With the upcoming launch of a pioneering crypto payment card, BlockDAG Presale is poised to revolutionize traditional […] The post BlockDAG’s Moon-Themed Keynote Teaser Captures Attention, Leaving BitcoinDogsClub’s Listing Behind with a $20.6 Million Presale appeared first on Tekedia.
Tekedia -
Lagos Startup Week Returns In July
Lagos Startup Week Returns In July This is calling on all startup founders, investors, budding talents, and key stakeholders, to save the date and… TechCity
Tech City NG -
FTC Bans Most Non-compete Agreements for a New Era for American Workers and Businesses
In a landmark decision that marks a significant shift in the landscape of American labour and competition law, the Federal Trade Commission (FTC) has issued a final rule banning non-compete agreements nationwide. This decisive action is poised to reshape the dynamics between employers and employees, fostering an environment that champions worker mobility, innovation, and business […] The post FTC Bans Most Non-compete Agreements for a New Era for American Workers and Businesses appeared first on Tekedia.
Tekedia -
The Elon Musk Revelation on Tesla
In 2020, I wrote: “Tesla is a really nice car to drive. But Tesla is even the finest software & services company in the automobile sector. The fact is this: Tesla does not need to be overly valued just on the number of cars it has sold, just as we are not counting how many […] The post The Elon Musk Revelation on Tesla appeared first on Tekedia.
Tekedia -
Tesla isn’t a Car Company, Musk declares as he sells Robotaxi Vision to Investors
In the wake of Tesla’s latest quarterly results, CEO Elon Musk made a bold reiteration of what he had always stated: Tesla isn’t a car company.  This declaration comes amidst a backdrop of concerning financial figures in the most recent quarter, with sales dropping by 9% from the previous year, the first drop in four years, and operating profit plummeting by […] The post Tesla isn’t a Car Company, Musk declares as he sells Robotaxi Vision to Investors appeared first on Tekedia.
Tekedia -
Leading African Fintech Firm Prepares for Initial Public Offering
Flutterwave, Africa’s top-valued startup and a leader in digital payments based in Nigeria, has updated its corporate team in preparation for a forthcoming initial public offering, according to the company’s CEO. Speaking at Semafor’s World Economy Summit in Washington D.C. on April 18, CEO Olugbenga ‘GB’ Agboola discussed the strategic steps Flutterwave is taking toward […] More The post Leading African Fintech Firm Prepares for Initial Public Offering appeared first on Tech In Africa.
Tech In Africa -
Kenyan Legislators Approve Landmark Free Trade Agreement with European Union
Kenyan legislators have ratified a preferential trade agreement with the European Union (EU), resolving a longstanding issue with fellow East African Community (EAC) members who declined a collective agreement in 2016. The Economic Partnership Agreement (EPA) will afford Kenyan merchants duty-free and quota-free entry into the $13.9 trillion European market. According to the EU, total […] More The post Kenyan Legislators Approve Landmark Free Trade Agreement with European Union appeared first on Tech In Africa.
Tech In Africa -
Uber and Lagos State Resolve Dispute Over Sharing of Real-Time Data After a Month-long Standoff
Although a resolution on data-sharing has averted a disruption of service, dissatisfaction among drivers remains widespread. Many are urging Uber to reduce its 25% commission, while others highlight the growing challenges of driving, such as long lines at petrol stations and soaring inflation, which are undermining their earnings. Drivers have leveled criticism at Uber for […] More The post Uber and Lagos State Resolve Dispute Over Sharing of Real-Time Data After a Month-long Standoff appeared first on Tech In Africa.
Tech In Africa -
NBA Initiates Program to Support Emerging African Startups
In support of President Biden’s Digital Transformation with Africa Initiative and building on the U.S. Department of Commerce-wide Africa strategy, NBA Africa today announced the launch of “Triple-Double: NBA Africa Startup Accelerator,” a startup accelerator based on the continent focused on early-stage African startup companies. The Triple-Double: NBA Africa Startup Accelerator, operated by ALX Ventures, […] More The post NBA Initiates Program to Support Emerging African Startups appeared first on Tech In Africa.
Tech In Africa -
Zambian Tech Minister Advocates for Pan-African Cooperation
Felix Mutati, Zambia’s Minister of Technology and Science, asserts that Africa is emerging as the new world, presenting numerous opportunities across the continent. At the 2024 Connected Africa Summit, Kenya’s President William Ruto emphasized the importance of unity among Africa’s IT leaders to drive digital transformation across the continent. Kenya stands as a front-runner in […] More The post Zambian Tech Minister Advocates for Pan-African Cooperation appeared first on Tech In Africa.
Tech In Africa -
 
 
Philippines SEC orders Apple and Google to remove Binance App from App Stores
In a significant development for the cryptocurrency sector in the Philippines, the Securities and Exchange Commission (SEC) has ordered tech giants Apple and Google to remove the Binance app from their respective app stores. This move comes amid growing concerns over the operations of Binance, one of the world’s largest cryptocurrency exchanges, within the country. […] The post Philippines SEC orders Apple and Google to remove Binance App from App Stores appeared first on Tekedia.
Tekedia -
Tesla’s Impact on California’s Job Market
Tesla, the renowned electric vehicle and clean energy company, has made significant strides in boosting the job market in California. With over 30,000 manufacturing jobs created, Tesla is not just revolutionizing the automotive industry but also playing a pivotal role in job creation and economic growth in the state. The company’s approach to manufacturing is […] The post Tesla’s Impact on California’s Job Market appeared first on Tekedia.
Tekedia -
US seeks Three years of Jail Time for Binance founder Changpeng Zhao
The recent news surrounding the founder of Binance, Zhao Changpeng, has caught the attention of the global financial community. The United States prosecutors have recommended a 36-month prison sentence for Zhao after he pleaded guilty to charges related to violating anti-money laundering laws. This case highlights the ongoing discussions about the regulation of cryptocurrency exchanges […] The post US seeks Three years of Jail Time for Binance founder Changpeng Zhao appeared first on Tekedia.
Tekedia -
Naira Hits N1,400 Against US Dollar, Further Erasing Recent Gains
The Nigerian naira experienced a significant decline on Thursday, reaching N1,400 against the US dollar on the black market. This plunge follows renewed demand pressure in the foreign exchange (FX) market, signaling a setback after the currency’s recent rally to N1,120 against the dollar. The current depreciation of the naira represents a 19.64% loss in value over the past […] The post Naira Hits N1,400 Against US Dollar, Further Erasing Recent Gains appeared first on Tekedia.
Tekedia -
United Arab Emirates Setting Rapid Pace in the Middle East for Cryptocurrency Adoption
The United Arab Emirates (UAE) is setting a rapid pace in the Middle East for cryptocurrency adoption, with a significant percentage of its population investing in Bitcoin. This surge in crypto engagement is not an isolated phenomenon but part of a broader trend in the region, reflecting a growing interest and acceptance of digital currencies. […] The post United Arab Emirates Setting Rapid Pace in the Middle East for Cryptocurrency Adoption appeared first on Tekedia.
Tekedia -
Nigeria’s Consumer Credit Scheme Is A Great Policy
Very commendable – this is a GREAT policy from the government:  “The Nigerian government has approved the takeoff of the first phase of the Consumer Credit Scheme, a pivotal initiative aimed at revolutionizing access to credit for Nigerians across the country… The scheme, spearheaded by the Nigerian Consumer Credit Corporation (Credicorp), marks a significant step […] The post Nigeria’s Consumer Credit Scheme Is A Great Policy appeared first on Tekedia.
Tekedia -
Nigeria Launches the First Phase of Consumer Credit Scheme
The Nigerian government has approved the takeoff of the first phase of the Consumer Credit Scheme, a pivotal initiative aimed at revolutionizing access to credit for Nigerians across the country.  This announcement was made through a statement by Ajuri Ngelale, the special adviser to the president on media and publicity, on Wednesday. The scheme, spearheaded by the Nigerian […] The post Nigeria Launches the First Phase of Consumer Credit Scheme appeared first on Tekedia.
Tekedia -
Next Tekedia Mini-MBA Edition and Tekedia Capital Demo Day
Hello, Greetings! We’re writing to share that the early bird registration deadline for the next edition of Tekedia Mini-MBA (June 3 – Sept 2, 2024) will end soon. We invite you to register today here. We also use this opportunity to remind our members who will be attending Tekedia Capital Demo Day this Saturday of […] The post Next Tekedia Mini-MBA Edition and Tekedia Capital Demo Day appeared first on Tekedia.
Tekedia -
Did You Know? 51 Years Ago a Cellphone was Made
On April 3, 1973, Martin Cooper stood on a sidewalk on Sixth Avenue in Manhattan with a device the size of a brick and placed the first public call from a cell phone to one of the men he had been competing with to develop the device. Then Engineer for Motorola, Cooper said on the […] The post Did You Know? 51 Years Ago a Cellphone was Made first appeared on IT News Africa | Business Technology, Telecoms and Startup News.
IT News Africa -
MAR Mining Launches Cloud Mining Contract, Earn $300-1,000 Daily
London, UK – MAR mining, the world’s top Bitcoin mining platform, has launched cloud mining contracts. Designed to enable existing and potential cryptocurrency enthusiasts to profit from rising Bitcoin prices, the contract promises to disrupt the investment market and provide users with incredible opportunities. MAR mining cloud mining contract – what is it? Cloud mining […] The post MAR Mining Launches Cloud Mining Contract, Earn $300-1,000 Daily appeared first on Tekedia.
Tekedia -
Digital Transformation Strategy at Tekedia Institute
Every modern business is a technology business. To win in markets, one of the most important weapons right now is technology. Technology accelerates productivity, and reshapes the ordinance of market systems, by opening new basis of competition. Technology (yes, tool) is a key component of that helix of People, Processes and Tools as companies organize, […] The post Digital Transformation Strategy at Tekedia Institute appeared first on Tekedia.
Tekedia -
Kenyan parliament passes historic EU free trade deal
Under the terms of that deal, Kenya will gradually lower duty on imports from the EU within the next 25 years and incentivise European companies to set up in the country.
TechCabal -