Technology

Pursuant to the implementation of Companies and Allied Matters Act 2020, the Registrar General of Corporate Affairs Commission, Alhaji Garba Abubakar,has threatened to deregister about 100 thousand companies for failure to file annual returns. Most of the affected companies have failed to file annual returns in the last ten years …

Google is exploring using artificial intelligence tools to write news articles and is in talks with news organizations to use the tools to assist journalists, a company spokesperson said late on Wednesday. The spokesperson did not name the publishers, but the New York Times reported that Google has held discussions with the …

Meta Platforms (META.O) said it had restored WhatsApp connectivity issues after thousands of users globally reported problems accessing the messaging app on Wednesday, according to outage tracking website Downdetector.com. “We’re back, happy chatting!” the Whatsapp Twitter account posted in a tweet. The company had earlier said it was experiencing disruptions …

Crypto giant Binance has laid off more than 1,000 people in recent weeks in a continuing exercise that could result in the exchange losing more than a third of its staff, the Wall Street Journal reported on Friday, citing a person familiar with the moves. According to Reuters, a string …

Twitter has threatened to sue Meta Platforms (META.O)over its new Threads platform, news website Semafor reported on Thursday, citing a letter sent to the Facebook parent’s CEO Mark Zuckerberg by Twitter’s lawyer Alex Spiro. Meta, which launched Threads on Wednesday and has logged more than 30 million sign ups, looks to take …

Meta’s Threads could quickly become a major threat to Elon Musk-owned Twitter, thanks to its easy access to billions of Instagram users, a similar interface to that of its rival and the advertising heft of the social media giant, analysts and industry experts said.Dubbed as the “Twitter-Killer”, Threads was the …

India’s imports of crude oil from Russia fell 6.5% in June after reaching a record high in May, while those from Iraq, Saudi Arabia and the US increased, according to energy cargo tracker Vortexa. India imported 1.8 million barrels per day (mbd) of Russian crude in June. China imported 1.6 …

Nokia said on Friday it had signed a new long-term patent license agreement with Apple , as the current license between the companies expires at the end of 2023. While terms of the agreement remain confidential between the companies, it covers Nokia’s inventions in 5G and other technologies. Nokia said the company …

The Nigeria Labour Congress has kicked against the alleged plan to increase electricity tariff by 40 per cent on July 1. The Congress described the move as insensitive and callous, saying it reflected an organised indifference to the well-being of consumers, especially, the poor ones. The NLC said this in …

The World Bank has advised Nigerian policymakers to move away from relying solely on national averages when formulating social protection measures following fuel subsidy removal in the country. In its June 2023 report titled “Detox Development: Repurposing Environmentally Harmful Subsidies,” the World Bank noted that it is crucial to also …