Author: Akin Naphtal

Blinx, the new digital media hub in the Middle East, has been officially launched to empower Middle Eastern youth with the finest in digital storytelling and news stories, offering fresh perspectives, and connecting Gen Z and Millennials across multiple screens, platforms, and smart devices. Since the announcement of its brand name in March 2023, blinx has emerged as a vibrant hub in the realm of storytelling. Boasting a mission to deliver authentic and genuine narratives, the hub is committed to producing diverse, inclusive, and culturally relevant content that resonates with audiences on a deeper level. Speaking about the launch, Nakhle…

AgTech company, Farm Fayre, has unveiled its sales platform designed to transform the way Irish farmers buy and sell livestock. The platform offers farmers a safe, convenient, transparent, and sustainable ecosystem for the sale and purchase of livestock. The announcement comes ahead of next week’s National Ploughing Championships where Farm Fayre will be exhibiting at the Enterprise Ireland Innovation area alongside 50 companies. Through the platform, sellers list their livestock on the platform along with all essential details, high-quality images and videos. This allows buyers to make fully informed decisions. Sellers set their own pricing levels, with all bids visible…

Google has agreed to pay $155 million to settle allegations by California and private plaintiffs, accusing the company of secretly tracking customers and using their data without consent. Google was accused of profiling users and targeting them with ads even when the location history setting was off, which contradicted the company’s assurances that unwanted ads could be blocked by users. The search engine company’s agreement to the settlements shows that Google deceived people into thinking that they had a say in how it collected and used their personal data, which Californian Attorney, General Rob Bonta believes is unacceptable. He revealed…

Kenya’s President William Ruto has extended business invitations to American technology companies to encourage them to start operations in Kenya, and also set up regional offices in the country. The president made this known while on tour in Silicon Valley, USA on Saturday. He met with a number of tech company CEOs and executives, including Apple’s, Tim Cook, Intel Corporation’s, Patrick Gelsinger, Google’s Chief Financial Officer of Alphabet, Ruth Porat, and Microsoft’s chief operating officer, Brad Smith. President Ruto mentioned to the executives that Kenya has a favourable environment for investments in technology and manufacturing, and that the government was…

The Bill and Melinda Gates Foundation pan-African Initiative for healthcare start-ups, i3, has decided to support a cohort of 29 selected start-ups with $50,000, and also introduce these start-ups to potential customers, and donor agencies. The 29 start-ups were selected across 21 countries. They include those building online pharmacies and telemedicine farms, inventory management services for health centres, supply chain data analytics, and product protection and product visibility solutions. Besides the funds and assistance from the Gates Foundation and its sponsors, namely, Cencora, Merck Sharpe & Dohme, Microsoft, and Chemonics, the start-ups will also receive investment benefits from specific organisations…

South Korean battery company, LG Energy Solution Ltd. (LGES) stated on Tuesday that it has raised $1 billion from selling global green bonds, as part of its bid to promote green sources of energy. The $1 billion bond includes a three-year bond of $400 million and a five-year bond of $600 million.Green bonds are debts that are sold in return for proceeds that will be used in green investments. LGES has already revealed that it intends to use the money gained from the sale to invest in global battery manufacturing sites. The investments made from the green bond proceeds will…

In a statement released on Tuesday, September 19, Swedish vehicle manufacturer, Volvo Cars has announced that it intends to end production of its diesel models by early 2024, in its bid to become an all-electric carmaker. While Volvo has only now officially announced a time frame to end the production of diesel-powered vehicles, 2022 statistics showed that diesel-powered vehicles only made up 8.9% of the company’s sales in Europe. Electric vehicles (EV) and hybrid models made up 33% of Volvo’s sales in August this year. The rising EV sales and climate change concerns are among the reasons Volvo wants to…

New York-based blockchain research firm, Chainalysis, has, on Tuesday, reported a growth in cryptocurrency usage in Nigeria in light of to the country’s weakening currency and rising inflation. Nigeria barred its banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies in 2021, however this did little to stop the use of cryptocurrencies in the country. The volume of crypto transactions in the West African country grew from 9% between July 2022 and June 2023, amounting to $56.7 billion in nearly a year. The report stated that crypto tokens like Bitcoin and stablecoins became more popular when the…

In the ever-evolving digital age, online payments have become the cornerstone of modern financial transactions. Whether shopping online from the comfort of your home or making in-person purchases, the convenience of online payments cannot be overstated. However, with the rise of cybercrime and identity theft, safeguarding your financial information is paramount. In 2021 alone, combined identity fraud scam losses reached a staggering $28 billion, making it one of the fastest-growing criminal enterprises, according to a 2022 study by Javelin Strategy & Research. To help you protect your hard-earned money, here’s a comprehensive guide to the safest online payment methods available:…

UK’s competition regulator, the Competition and Markets Authority (CMA), put forward a set of principles to govern the use of artificial intelligence (AI) models. These principles, which include accountability, access, and transparency, aim to support competitive growth in the rapidly advancing field of AI. The CMA began examining the impact of generative AI applications like ChatGPT in May, with the goal of ensuring that businesses and consumers benefit from this technology. Sarah Cardell, the CEO of the CMA, emphasized the potential of AI to enhance productivity and simplify daily tasks but stressed the need for proactive measures to ensure a…