Technology

Microsoft opens first $100 million African Development Centre in Lagos

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The American multinational technology, Microsoft Corporation, which produces computer software, personal computers and related services, will today, open its first African Development Centre (ADC) in Lagos. The centre which is a $100 million investment by the multi-billion dollar firm is where software engineering solutions is expected to be provided to Africa. This disclosure is contained …

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West Africa’s biggest car auction service Cars45 changes name to Jiji Cars less than a year after it was acquired

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Jiji, Nigeria’s biggest online Marketplace, which acquired Cars45 less than a year ago, has announced that it is changing the Cars45 brand name to Jiji Cars. Recall that Cars45 was recently acquired by Jiji, as Jiji has grown to become a credible platform for car sales. The acquisition was made in a bid to consolidate …

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MTN becomes first African company to make Metaverse investment

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MTN Group, the parent company of listed MTN Nigeria, has announced that it has bought a digital land in a South African originated Metaverse called Africarare. This was disclosed via a press release published on the company’s website. According to the press release, MTN now owns 144 plots of virtual land with an overall area …

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JPMorgan becomes the world’s first bank to enter the metaverse

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JPMorgan, the largest bank in the United States, has become the first financial institution to enter the metaverse. The bank has opened an Onyx lounge in the blockchain-based virtual world decentraland, where it will be available to customers. The Onyx Lounge provides JPMorgan’s customers with Ethereum-based services, which are all described in detail in a …

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MTN Rebrands as a Tech Company and Debuts a New Logo

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MTN, the mobile telecoms firm, has begun a rebranding effort. The telco unveiled a new logo as part of the rebranding effort ahead of an official event set for February 2022. Additionally, the company stated that it is transforming from a telecommunications to a technology company. See aloe: Flutterwave, a Nigerian fintech company, raises $250 …

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How blockchain technology is changing the way we play games

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Blockchain technology became widely known mainly due to the rise of fungible tokens, commonly known as cryptocurrencies like Bitcoin and Ethereum which have been on the lips of everyone, especially in 2021. A newer token standard called a non-fungible token (NFT) has also helped to show new applications of blockchain technology outside of the common …

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Google to expand 2-step verification auto enrollments

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Google has announced the expansion of its two-step verification (2SV) process for log-ins to enhance account security after its newly introduced two-step verification initiative saw a 50 per cent drop in account breaches for 150 million Gmail and 2 million YouTube creator accounts under the 2SV initiative. The 2SV introduces the use of mobile phones …

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Apple has announced plans to transform iPhones into payment terminals

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According to reports, Apple is working on a service that will allow small businesses to accept payments right from their iPhones, without the need for any additional hardware. Since purchasing Canadian startup Mobeewave for over $100 million in 2020, Apple has been hard at work developing the new feature. Mobeewave’s technology allows devices to take …

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Twitter has added a new function that allows users to report tweets that are misleading

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Brazil, Spain, and the Philippines will be added to Twitter’s test feature that allows users to report misleading content on the social media network. Last year, the social media company released a new service called Birdwatch, which allows users to make notes and add context to incorrect tweets, however, those notes are stored on a …

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