Social networking giant, Facebook Inc., has admitted in a statement that its artificial intelligence software did not flag the New Zealand terror attack. Last week, a terror suspect killed about 49 people in a deadly shooting that targeted Mosques in New Zealand’s city of Christchurch. However, the world was shocked […]
The world’s largest social networking site, Facebook Inc, said it has removed 1.5 million videos globally of the New Zealand mosque attack. Facebook said it removed the terror attack videos in the first 24 hours after the gory incident. In a tweet, Facebook said, “In the first 24 hours we […]
Ride-hailing app Taxify has renamed itself as Bolt. Bolt is the name the business has been using for its electric scooter service, and it will now be used for all the company’s offerings. The recent name change is to drive home a message that the business is a car-only ride-hailing […]
South Africa’s Naspers Limited has finally cut-off Multichoice from its business with the listing of the payTV company on the Johannesburg Stock Exchange, JSE. Multichoice is the largest payTV company in Africa with major brands such as DSTV, GoTV, SuperSport, MNeT, Africa Magic and ShowMax, its online streaming business. Listed […]
With ever-increasing demand for a reliable, efficient and safe transportation system, Gokada Rides Limited hit the roads to help “Lagosians” move from point A to point B seamlessly regardless of traffic situation in city. Gokada launched its operations about a year ago and has become a force in the motorcycle […]
Data integration and big data management software solutions provider, Qlik signed a definitive agreement under which Qlik will acquire Attunity. Under the terms of the agreement, Qlik will acquire all outstanding ordinary shares of Attunity for a total value of approximately $560 million. Attunity shareholders will receive $23.50 in cash […]
Millicom International Cellular S.A. said it has entered into agreements with Telefónica S.A. and certain of its affiliates, to acquire the entire share capital of Telefónica Móviles Panamá, S.A., Telefónica de Costa Rica TC, S.A. and Telefonía Celular de Nicaragua, S.A. Millicom said it is paying for a combined enterprise […]
Kinnevik AB has announced that it has committed to invest SEK 0.9bn in MatHem. MatHem is Sweden’s leading independent pure-play online grocery retailer, in a combination of 0.4bn in primary capital and 0.5bn in secondary shares taking Kinnevik’s ownership to 38%. The Nordic countries have long been held to be […]
American self-driving truck startup TuSimple, has raised $95 millio in fresh funding. TuSimple said in a statement cited by Reuters News that the funding round was led by Chinese internet giant Sina Corp, which values the three-year-old firm at $1 billion. The fresh funds, investors of which also include Hong […]
Digital savings and investment app, Piggybank said it has rebranded to PiggyVest. The company said it changed the name to reflect its new direction to offer more products including insurance services. It would be recalled that PiggyVest raised $1.1 million last year to acquire new license and growth into new […]