Technology
Nigeria fines Facebook, WhatsApp, Instagram $220 million, gives reasons, Meta reacts
the Nigerian government, through the Federal Competition and Consumer Protection Commission (FCCPC), has slammed Meta platforms with $220m fines.
All eyes on AI to drive Big Tech earnings
Over the next two weeks, the quarterly results of Big Tech giants will offer a glimpse on the bankability of artificial intelligence and whether the major investments AI requires are sustainable for the long haul.
Conspiracy theories take off after global IT crash
From fearmongering about a looming "World War III" to false narratives linking a cabal of global elite to a cyberattack, a torrent of online conspiracy theories took off Friday after a major IT crash.
CrowdStrike crash raises questions about tech dependency
Catastrophic computer outages caused by a software update from one company have once again exposed the dangers of global technological dependence on a handful of players, experts warned on Friday.
Keystone wins lawsuit against 9mobile as telecomm is set to pay billions of naira after court order
A Federal High Court in Lagos, presided over by Justice Yellin Bogoro, has mandated that the proprietors of 9Mobile Network pay Keystone Bank Limited over N55 billion.
Air passengers 'in limbo' as global IT crash grounds flights
Travellers faced sleeping overnight at the airport or giving up and taking to the road for an arduous journey instead, as Friday's worldwide IT breakdown caused chaos and left air passengers around the world "in limbo". "I haven't seen her in a while,"he sighed dejectedly, complaining that he was left "in limbo" by not knowing if his flight would take off.
85% of Nigerian traders don't attribute success to luck, Octa's survey reveals
Octa is an international broker that has been providing online trading services since 2011. It offers commission-free access to financial markets & various services.
'Large-scale' IT outage hits companies worldwide
A major outage wrought havoc on global computer systems on Friday, grounding flights in the United States, derailing television broadcasts in the UK and impacting telecommunications in Australia. Sky News in the UK said the glitch had ended its morning news broadcasts, while Australian broadcaster ABC similarly reported a major "outage".
Australia, New Zealand hit by large-scale technical outage
A large-scale outage wrought havoc on IT systems across Australia and New Zealand on Friday, causing travel delays, hampering television broadcasts, and forcing supermarket systems offline. Australia national broadcaster ABC said its systems had been crippled by a "major" glitch, derailing some television and radio broadcasts.
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