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Tech News

Microsoft outlook users experience Software Blackout.

Outlook users were unable to connect to their Outlook.com as the site had difficulty in loading for some hours.

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China will not accept any Microsoft-TikTok deal, Microsoft acquires CyberX to beef cybersecurity , Microsoft outlook users experience Software Blackout.

Microsoft outlook service had a worldwide blackout today following a software “configuration update”.

Outlook users were unable to connect to their Outlook.com as the site had difficulty in loading for some hours.

“We’ve received reports of users experiencing issues accessing their Exchange Online accounts via Outlook on the Web,” Microsoft tweeted on Thursday morning.

READ: How to overcome your fears and finally take action as an entrepreneur or business person (1)

The company had deduced the cause of the outage, stating, “We’ve determined that a recent configuration update to components that route user requests was the cause of impact. We’ve reverted the update and are monitoring the service for recovery.”

READ: Lessons Nigeria can learn from Microsoft’s Global Skills Initiative 

Besides the outlook outage, Microsoft had other service outages during the week, which affected its Office 365, Teams, and other services for several hours.

(READ MORE: Microsoft is in talks to buy TikTok)

Microsoft users gave public utterances on social media because of the impact of the outages on them. One can relate to their opinions considering that the Covid-19 pandemic has made most people turn to the remote working system.

 

 

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Spotlight Stories

Spotify set to expand to Nigeria and other countries in Africa

Spotify has announced that it will be expanding its service to 85 new markets.

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Spotify Set to Expand in 80 new markets across Asia, Africa, Caribbean, Latin America

Spotify, an audio streaming and media services provider announced that it will be expanding its service to 85 new markets. The expansion includes markets across Africa, Asia, Europe, Latin America, and the Caribbean.

Prior to this expansion, Spotify was only available in five African countries:

  • South Africa
  • Tunisia
  • Morocco
  • Algeria
  • Egypt

The new countries available on Spotify will have the ability to sign up for free and paid Premium plans; while in select markets, Individual, Family, Duo and Student Plan options will be available in select markets. It will also be available on mobile and desktop web players. The company will also work with partners to introduce Spotify on more platforms, including TVs, speakers, wearables, and cars in the coming months.

According to Spotify, “The existing rich music cultures in each of these markets will now be able to reach Spotify’s global audience. All this untapped music energy and access to our innovative creator tools will help propel artists to new heights and empower them to turn their passion into a profession.

“Plus, giving our artists a global platform goes hand in hand with offering an unmatched catalog for our listeners. So, as we enter new markets, we’ll accelerate the discovery of more genres like K-Pop, reggaeton, and amapiano that have earned a place in the global music arena.”

Spotify currently has more than 340 million active users and 150 million subscribers using its ad-free premium product across 93 markets. This expansion will take the streaming giant to 178 markets globally.

What to expect

  • With the introduction of Spotify to the Nigerian market, there is likely going to be stiff competition between Apple Music, Deezer and now Spotify. Apple Music had previously led expansion in Africa by reaching 37 countries last year.
  • It is quite clear to see that the global streaming services have identified a thriving market in Africa and the rise of Afrobeats and other popular genres will mean more opportunities for partnerships with artistes and possibly increased streaming income.

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Tech News

Africa FinTech Foundry rolls out accelerator program, to fund Nigerian startups

Africa FinTech Foundry has commenced an accelerator program to provide funding and mentorship to promising Nigerian startups.

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Startup funding in Africa, Fintech, Disrupt Africa

Africa FinTech Foundry has kick-started an accelerator program, which provides funds and mentorship for promising Nigerian startups. The accelerator program which is spearheaded by the Africa FinTech Foundry (AFF), is an initiative of Access Bank Plc.

The accelerated program officially opened up for entries a month ago and received over 306 entries. These entries were rigorously scrutinized by experts and whittled down to 30.

The 30 remaining applicants were further scrutinized by Head of the Africa Fintech Foundry, Mr. Daniel Awe; Group Head, Emerging Businesses, Access Bank, Mrs. Ayodele Olojede; and Vice President, Investments MBO Capital, and Fintech Consultant, Mr. Oshone Ikazobor, in a bid to narrow it down to 10-15 finalist.

What they are saying

Addressing newsmen at the event, Mr Awe reiterated that the accelerator program is aimed at empowering promising startups with resources to reach their full potentials.

He said “If a start-up has an idea and you throw it into a market of 42 million customers, the acceleration is going to be faster. So, it is using the entire ecosystem of our group to build the future of the country.

“In the next 10 years, these guys coming here we see them becoming a unicorn worth over $100 million and a season is coming where would see these startups becoming the next drivers of our economy.”

On the funding part of the accelerator program, he said, “Funding is based on ideas and what would be required to move the idea forward. We commit about N10 million. After they come into the accelerator program, there are a top-three but the other ones are going to be exposed to investors.

This initiative would have a direct impact on the economy because it is targeted at the medium scale businesses and these are the businesses that can change economies in terms of reducing employment rate and socioeconomic levels.”

What you should know: An accelerator program is a program that gives developing companies access to mentorship, investors, and other support that help them become stable, self-sufficient businesses.

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