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Nairametrics live at CES 2020, details so far

Nairametrics is live at the Consumer Electronics Show (CES 2020) to ensure you are covered with all big news from the gadget show.

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Creative Technology, Vayyar Imaging, Bell Textron display next-generation tech at CES 2020

No doubt, this week is loaded, especially in Las Vegas, where the whole world is paying attention to. Nairametrics is live at the event to ensure you are covered with all big news from the Consumer Electronics Show (CES 2020).

Though we don’t know the full details of everything that will be unveiled at CES this year, as it is the world’s gathering place for all those who thrive on the business of consumer technologies, it has served as the proving ground for innovators and breakthrough technologies for 50 years — the global stage where next-generation innovations are introduced to the marketplace.

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What has happened at CES 2020 so far?

Why it matters: Vegas during CES is a noisy place. It pays to know which direction to point your ears if you are interested in gadget or inventions that would shake the world this year.

Traditional consumer electronics firms: Likes of Samsungs, Sonys and LGs, among others have been dazzling the world with giant TVs few people can afford, including wall-sized displays, sets that can roll and fold and screens sporting 8K resolution.

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Appliances: Sometimes, some of the most interesting new devices at CES are high-end takes on home appliances. A few years back, it was multiplex washing machines. This year, it could be AI-equipped fridges.

PC makers: Expect all the big computer makers to unveil new models. Dell isn’t even waiting until Vegas. Last Thursday, it announced a new 5G-equipped laptop and improved software for connecting its PCs with iOS devices.

Automotive: CES has been a prime venue for automakers for some time, with all the big names eager to show just how tech-forward their new models will be. We’ll also be hearing about super-light vehicles, with Uber set to make some announcements, as well as Segway-Ninebot.

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(READ ALSO: Events that shaped FinTech industry in 2019)

Component makers: The leading chipmakers, including Qualcomm, Nvidia, Intel and more, will all have a significant presence.

Qualcomm is focusing on cars, Nvidia on gaming and autonomous machines (both cars and robots), and Intel had a press conference on Monday with CEO Bob Swan.

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Social media: The big social companies are mostly absent or marginal at CES. Snapchat, TikTok and other major social media companies aren’t expected to have major presences like they do at conferences like VidCon and Cannes.

Facebook executives are speaking at various events but the company isn’t expected to make any major announcements. Twitter is hosting a panel on Wednesday morning, and Reddit will be exhibiting.

Government speakers: Most federal officials cancelled their appearances last year due to the government shutdown but several administration leaders had been in Vegas this year.

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In addition to Ivanka Trump and Chao, the FDA’s Amy Abernethy is leading a session and U.S. CTO Michael Kratsios has appeared as part of Chao’s keynote. FCC chairman Ajit Pai and FTC Chairman Joe Simons are also slated for a fireside chat.

What has happened at CES 2020 so far?

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Events so far

Tuesday, Jan. 7

  • Google made a slew of announcements for its digital assistant product on Tuesday, including new privacy controls, the ability to read out loud long text like news articles, and new home automation abilities. It also revealed that Google Assistant now has 500 million monthly users.
  • IBM launched its AI advertising service that runs on Watson. The service aims to predict the optimal combination of advertising and creative to help brands push out effective, highly engaging ads.
  • iHeartMedia announced new upcoming auto integrations that will bring iHeartRadio’s mega library of audio content to listeners in cars. Partners include General Motors, Android Automotive, SoundHound, Panasonic and others.
  • Roku debuted new functionality to support third-party soundbars. Roku TV users will be able to control their soundbars via Roku’s remote.
  • TiVo debuted a streaming video dongle aimed at taking on the likes of Roku and Apple TV, a move the company’s CEO said is the first step toward a fully software-based future.
  • Cannabis-tech companies are bristling against being kept from openly exhibiting their products at the show despite one of their cohort winning an award from the trade group that puts on CES.
  • Executives in charge of Amazon’s Ring discussed the many privacy and security issues raised by their smart doorbells and related products, with one dismissing concerns as not “reasonable.”

Monday, Jan. 6

  • Toyota said it would build a prototype city of the future at the base of Mt. Fuji to test human-robot harmony. Powered by Toyota’s hydrogen fuel cells, it’ll be a living laboratory to explore everything from autonomous vehicles to mobility-as-a-service, personal robots and smart-home connected technology.
  • Audi is showing its technology-packed AI:ME concept car, an “empathetic” city car that drives itself and helps you escape “the urban jungle” with personalized features like a “wellbeing” menu that lets you order a meal via eye-tracking.
  • The next version of Bluetooth will offer better support for audio sharing, hearing aids and improved sound quality.
  • Intel announced its first standalone graphics chip and showed off a concept PC with a giant foldable screen.
  • Sony, in an unexpected move, showed off its own concept electronic vehicle, the Vision-S as part of its press conference. It isn’t entirely homegrown, with technology coming from Bosch, Magna and BlackBerry’s QNX unit, per The Verge.
  • LG said its 60-inch rollable OLED TV, which rises and lowers like a shade, would ship this year for $60,000. A standard 65-inch OLED display will cost just $2,000.
  • Impossible Foods announced two new plant-based products that will mimic pork, the company’s newest protein after the beef-like burgers and ground meat it’s become known for. The faux-sausage will become available at 139 Burger King locations starting at the end of the month, while the ground pork does not have a set release date.
  • Hyundai and Uber said they were partnering on a planned flying ride-share network, and the Korean carmaker unveiled a full-scale model of what a potential air taxi could look like.
  • Uber announced it’s adding the ability for customers in Las Vegas to purchase public transit tickets via its mobile app (only the second city where it’s available).
  • China’s TCL showed off a foldable phone prototype and introduced a 5G phone for $500 along with a variety of other TVs and mobile devices.
  • Lenovo debuted a 5G-equipped laptop powered by a Qualcomm chip that promises 24 hours of battery life. It’s due out this spring for around $1,500. Also from Lenovo: a ThinkBook model with an e-ink display on its lid and the ThinkPad X1 Fold, a $2,500 Windows 10 laptop with dual screens.
  • Qualcomm detailed a bunch of work it has been doing in self-driving cars over the past few years and announced the Snapdragon Ride platform for autonomous vehicles.
  • Amazon announced a new program aimed at getting its Fire TV operating system built into more televisions, soundbars and even the back seats of cars.
  • Mophie announced a battery pack that can not only power up your iPhone and any other electronic device but also jump-start your car.

What has happened at CES 2020 so far?

(READ MORE: OPPO discloses plans to invest $7 billion in technology)

Sunday, Jan. 5

  • Byton, electric vehicle startup, said it’s partnering with ViacomCBS and Accuweather, among others, to provide content and services for the massive 48-inch screen in its upcoming M-Byte plug-in SUV. The $45,000 crossover will go on sale in China mid-year and debut in the U.S. and Europe in 2021.
  • Samsung showed off a number of fancy TVs, including an 8K QLED display with almost no bezels, several MicroLED displays that can be connected to form a larger TV and the “Sero” (which means vertical in Korean). It pivots between horizontal and vertical orientations — just like a smartphone, tablet and Facebook’s latest Portal smart displays.
  • HP announced a laptop with a built-in Tile tracker.
  • Withings, the former Nokia Health unit, has a smartwatch that can monitor your heart and check you for sleep apnea — or at least it will be able to do so once it gets FDA approval.

Saturday, Jan. 4

  • Samsung isn’t debuting its next major smartphone at CES but it did say the launch will take place Feb. 11 in San Francisco.

Patricia

Olalekan is a certified media practitioner from the Nigerian Institute of Journalism (NIJ). In the era of media convergence, Olalekan is a valuable asset, with ability to curate and broadcast news. His zeal to write was developed out of passion to shape people’s thought and opinion; serving as a guideline for their daily lives. Contact for tips: [email protected]

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Companies

Deap Capital Management & Trust Plc reacts to ‘rumoured’ AMCON takeover

AMCON had dragged the company before a Court in a bid to recover the debt.

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Deap Capital Management & Trust Plc

Deap Capital Management & Trust Plc has reacted to media reports about the supposed takeover of its assets by the Asset Management Company of Nigeria, AMCON.

In a statement that was signed by the Company Secretary, Yetunde Fashesin-Sousa, Deap Capital admitted that it is indebted to AMCON to the tune of N1.6 billion. It was also confirmed that AMCON owns a 20% equity stake in the fund management firm.

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Note that the indebtedness arose after AMCON took over ownership of certain banks. Apparently, these are banks that Deap Capital originally owed. However, following the transfer of the unnamed banks’ assets to AMCON, the debts were also transferred alongside.

Meanwhile, AMCON had dragged the company before the Federal High Court in Lagos in a bid to recover the debt. A ruling on the case, which was delivered on January 28 by the Hon Justice John Terhemba Tsoho, was in AMCON’s favour.

Following the ruling, AMCON began the process of recovering the debt from Deap Capital Management & Trust Plc. The company said it has been cooperating in this regard by working towards repaying the debt.

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The company also clarified that the assets that were taken over by AMCON belonged to its former directors whose names were not mentioned. Nairametrics could not verify if these directors are among those who were recently reinstated by the Securities and Exchange Commission, SEC. But we do know that AMCON had obtained a court order to attach the ‘former directors’ assets’ in its attempt to recover the N1.6 billion debt.

In the meantime, Deap Capital Management & Trust Plc said it is committed to resolving its operational challenges, including the recovery of its operational license and profitability issues.  The company’s latest earnings report (for its Q1 period ended December 31st, 2019) showed a total income of N1 billion. There was also a N6.3 million loss for the period under review.

Deap Capital’s stock opened today’s trading session on the Nigerian Stock Exchange with a share price of N0.30. Year to date, the stock has declined by some -18%.

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Patricia
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Entertainment

How to get creative sector loan from the CBN, Bankers Committee

The bank will then discuss, analyze your request and if successful will disburse the funds.

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How to get creative sector loan from the CBN, Bankers Committee

The Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee, has outlined how to get the creative sector loans.

Both parties developed a Creative Industry Financing Initiative (CIFI) as part of efforts to boost job creation in Nigeria, particularly among youths in the country. The initiative has four pillars which include Fashion, Information Technology, Movie and Music.

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It would be recalled that last year, the CBN in conjunction with the Bankers’ Committee unveiled the Creative Industry Financing Initiative (CIFI), which was to enable businesses to obtain loans up to the tune of N500 million.

Interested applicants in the creative industry are advised to submit their applications to their banks for approval and subsequent disbursement.

READ MORE: CBN to boost creative industry with N22 billion 

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How to benefit from the Creative Industry Financing Initiative (CIFI): The categories of businesses to benefit from this include Fashion, Information Technology, Movie Production, Movie Distribution, Music and Software Engineering Student Loan.

Part of the steps in applying for the loan is to prepare your business plan or statement on how much you want for your business.

You can get a loan of up to:

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  • N3 million for a Software Engineering Student
  • N30 million for a Movie Production business
  • N500 million for a Movie Distribution business
  • Cover your rental/service fees for Fashion and Information Technology businesses
  • Cover your training fees, equipment fees and rental/service fees for Music business

After preparation of the business plan stating how much is needed for the business, applicants are advised to go to any bank of their choice to apply for the loan.

The bank will then discuss, analyze your request and if successful will disburse the funds. It must be noted that the maximum interest rate of 9% per annum (all charges inclusive) is applicable to all loans.

The period for the repayment of the loan in the different categories are:

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  • For Software Engineering Student Loan, it is a maximum of 3 years
  • For Movie Production and Distribution, it is a maximum of 10 years
  • For Fashion, Information Technology (IT) and Music, it is a maximum of 10 years.

For more information, you can visit www.cbn.gov.ng

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Coronavirus

COVID-19 Update in Nigeria

On the 12th of July 2020, 571 new confirmed cases and 16 deaths were recorded in Nigeria.

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The spread of novel Corona Virus Disease (COVID-19) in Nigeria continues to record significant increase as the latest statistics provided by the Nigeria Centre for Disease Control reveal Nigeria now has 32,558 confirmed cases.

On the 12th of July 2020, 571 new confirmed cases and 16 deaths were recorded in Nigeria, having carried out a total daily test of 2,973 samples across the country.

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To date, 32,558 cases have been confirmed, 13,447 cases have been discharged and 740 deaths have been recorded in 36 states and the Federal Capital Territory. A total of 181,248 tests have been carried out as of July 12th, 2020 compared to 178,265 tests a day earlier.

COVID-19 Case Updates- 12th July 2020,

  • Total Number of Cases – 32,558
  • Total Number Discharged – 13,447
  • Total Deaths – 740
  • Total Tests Carried out – 1781,248

According to the NCDC, the 571 new cases were reported from 20 states- Lagos (152), Ebonyi (108), Edo (53), Ondo (46), FCT (38), Oyo (20), Kwara (19), Plateau (17), Osun (14), Bayelsa (14), Ekiti (14), Katsina (14), Akwa Ibom (11), Kaduna (11), Rivers (11), Niger (10), Ogun (7), Kano (6), Cross River (4), Bauchi (2).

Meanwhile, the latest numbers bring Lagos state total confirmed cases to 12,427, followed by Abuja (2,576), Edo (1,731). Oyo (1,726), RIvers (1,368),  Delta (1,359), Kano (1,309), Ogun (1,087),  Kaduna (989), Ondo (716), Katsina (669), Ebonyi (616), Borno (586), Plateau (533), Gombe (530), Bauchi (521), Enugu (476), Abia (405),  Imo (386), Kwara (330).

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Jigawa state has recorded 321 cases, Bayelsa (313), Osun (245), Nasarawa (244), Sokoto (153), Akwa Ibom and Niger (135),  Benue (121), Adamawa (110), Anambra (93), Kebbi (86), Zamfara (76), Ekiti (63), Yobe (62), Taraba (27), Cross River (9) while Kogi state has recorded 5 cases only.

 

READ ALSO: COVID-19: Western diplomats warn of disease explosion, poor handling by government

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Lock Down and Curfew

In a move to combat the spread of the pandemic disease, President Muhammadu Buhari directed the cessation of all movements in Lagos and the FCT for an initial period of 14 days, which took effect from 11 pm on Monday, 30th March 2020.

The movement restriction, which was extended by another two-weeks period, has been partially put on hold with some businesses commencing operations from May 4. On April 27th, 2020, Nigeria’s President, Muhammadu Buhari declared an overnight curfew from 8 pm to 6 am across the country, as part of new measures to contain the spread of the COVID-19. This comes along with the phased and gradual easing of lockdown measures in FCT, Lagos, and Ogun States, which took effect from Saturday, 2nd May 2020, at 9 am.

On Monday, 29th June 2020 the federal government extended the second phase of the eased lockdown by 4 weeks and approved interstate movement outside curfew hours with effect from July 1, 2020.

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READ ALSO: Bill Gates says Trump’s WHO funding suspension is dangerous

DateConfirmed caseNew casesTotal deathsNew deathsTotal recoveryActive casesCritical cases
July 12, 2020325585717401613447183717
July 11, 2020319876647241513103181607
July 10, 2020313235757092012795178197
July 9, 202030748499689512546175137
July 8, 2020302494606841512373171927
July 7, 2020297895036691512108170127
July 6, 202029286575654911828168047
July 5, 2020287115446451111665164017
July 4, 202028167603634611462160717
July 3, 2020275644546281211069158677
July 2, 2020271106266161310801156937
July 1, 2020264847906031310152157297
June 30, 202025694561590179746153587
June 29, 20202513356657389402151587
June 28, 20202486749056579007149957
June 27, 20202407777955848625148947
June 26, 20202329868455458253144917
June 25, 20202261459454977822142437
June 24, 20202202064954297613138657
June 23, 20202137145253387338135007
June 22, 20202091967552577109132857
June 21, 202020242436518126879128477
June 20, 202019808661506196718125847
June 19, 202019147667487126581120797
June 18, 20201848074547566307116987
June 17, 202017735587469145967112997
June 16, 202017148490455315623110707
June 15, 20201665857342445349108857
June 14, 202016085403420135220104457
June 13, 20201568250140785101101747
June 12, 20201518162739912489198917
June 11, 2020145546813875449496737
June 10, 20201387340938217435191407
June 9, 2020134646633654420688937
June 8, 2020128013153617404084007
June 7, 20201248626035412395981737
June 6, 2020122333893429382680657
June 5, 20201184432833310369678157
June 4, 2020115163503238353576467
June 3, 2020111663483151332975227
June 2, 20201081924131415323972667
June 1, 20201057841629912312271579
May 31, 20201016230728714300768687
May 30, 2020985555327312285667267
May 29, 202093023872612269763447
May 28, 202089151822595259260647
May 27, 202087333892545250159787
May 26, 2020834427624916238557107
May 25, 202080682292337231155247
May 24, 202078393132265226353607
May 23, 202075262652210217451317
May 22, 2020726124522110200750337
May 21, 2020701633921111190748987
May 20, 202066772842008184046377
May 19, 202064012261921173444757
May 18, 202061752161919164443407
May 17, 202059593881826159441837
May 16, 202056211761765147239737
May 15, 202054452881713132039544
May 14, 202051621931683118038154
May 13, 202049711841646107037374
May 12, 20204787146158695936704
May 11, 202046412421521090235894
May 10, 202043992481421777834794
May 9, 202041512391271174532784
May 8, 202039123861181067931154
May 7, 20203526381108460128184
May 6, 20203145195104553425071
May 5, 2020295014899548123704
May 4, 2020280224594641722912
May 3, 2020255817088240020702
May 2, 20202388220861735119522
May 1, 20202170238691035117512
April 30, 2020193220459731715562
April 29, 2020172819652730713692
April 28, 2020153219545425512322
April 27, 20201337644102559942
April 26, 20201273914152399942
April 25, 20201182873632229252
April 24, 202010951143312088552
April 23, 20209811083231977532
April 22, 2020873912931976482
April 21, 20207821172631975602
April 20, 2020665382311884662
April 19, 2020627862221704362
April 18, 2020541482021663562
April 17, 2020493511841593172
April 16, 2020442351311522772
April 15, 2020407341211282672
April 14, 202037330111992632
April 13, 202034320100912422
April 12, 20203235100852282
April 11, 202031813103702382
April 10, 20203051770582402
April 9, 20202881471512302
April 8, 20202742260442262
April 7, 20202541661442042
April 6, 2020238650351982
April 5, 20202321851331942
April 4, 2020214540251850
April 3, 20202092542251800
April 2, 20201841020201620
April 1, 2020174352091630
March 31, 202013982091280
March 30, 2020131202181210
March 29, 2020111221031070
March 28, 20208919103850
March 27, 2020705103660
March 26, 20206514102620
March 25, 2020517102480
March 24, 2020444102410
March 23, 20204010112370
March 22, 2020308002280
March 21, 20202210001210
March 20, 2020124001110
March 19, 20208000170
March 18, 20208500170
March 17, 20203100030
March 16, 20202000020
March 15, 20202000020
March 14, 20202000020
March 13, 20202000020
March 12, 20202000020
March 11, 20202000020
March 10, 20202000020
March 9, 20202100020
March 8, 20201000010
March 7, 20201000010
March 6, 20201000010
March 5, 20201000010
March 4, 20201000010
March 3, 20201000010
March 2, 20201000010
March 1, 20201000010
February 29, 20201000010
February 28, 20201100010

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Patricia
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