Tech News
News from the tech and telecoms sector in Nigeria
Cybersecurity firm, McAfee to raise $814 million through IPO
McAfee Corp disclosed it will be raising about $814 million through a U.S. IPO.
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Samsung Electronics profits increased by 58% in the third quarter
The company said its profits increased by 58% from July - September.
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Square buys $50 million worth of Bitcoins
Twitter's Jack Dorsey on October 8th disclosed it purchased, 4,709 bitcoins at an estimated worth of $50 million.
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Nigeria’s Broadband subscriptions peak at 82.7m – Prof. Danbatta
The NCC boss revealed that broadband subscription in Nigeria has significantly increased.
Read moreDetailsAnti-virus creator, John David McAfee charged for U.S tax evasion
McAfee was arrested in Spain and will be extradited to the US to face charges related to tax evasion.
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Data war: MTN dwarfs Airtel, Glo, 9mobile, with 1.59 million new subscribers in August
MTN, gained 1.598 million data subscribers between July and August.
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Apple claims GEEP Canada stole over 100,000 of its devices
Apple Inc. takes legal action against GEEP Canada for the theft and resale of devices it was contracted to dismantle.
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Uber increases fares in Nigeria
Fares for Uber, one of the ride-hailing services operating in Nigeria, has increased.
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Airbnb plans $30 billion IPO valuation
Airbnb most recent independent appraisal of the fair market value of its stock pegged its worth at around $21 billion.
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Nigeria, South Africa and Kenya record millions of cyber-attacks in 2020
A report has disclosed that millions of cyber-attacks occurred in some African countries, this year alone.
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