Blog Posts

Tesla’s suspension of Bitcoin payments Bitcoin's price plummeted by up to 15% in the late hours of Wednesday, May 12, 2021, after Tesla CEO Elon Musk announced in a tweet that his company is suspending Bitcoin as a payment method. The suspension was cited as a result of Bitcoin mining and transactions utilizing fossil fuels. The why now question: In January 2021, Musk announced his support for Bitcoin, changing his Twitter bio to include the hashtag "#bitcoin". This resulted in a signifi.

Google’s Diana Wilson Paying for expensive tuition can be a tough nut to crack for many African-Americans raised by single mothers. Diana Wilson, on the other hand, was the recipient of numerous scholarships, which enabled her to study and travel financially. Among the organizations from which she received scholarships are Coca-Cola, Bill Gates, and Echols. Her outstanding academic performance throughout High School and University paved the way for her to receive the financial aid she re.

Apple parts ways with newly hired ex-Facebook employee after workers cite 'misogynistic' writing Apple let go of a new employee this week after thousands of employees petitioned the company to look into how the man was hired, despite the fact that the man had previously published an autobiography that contained misogynistic statements. Antonio Garca Martnez, who previously worked at Facebook as a product manager for ad targeting and is the author of the 2016 autobiography "Chaos Monkeys: Obsce.

Alibaba's sales surge but cloud growth slows Alibaba reported earnings for the first time since China slapped the tech giant with a record fine — and the results were not nearly as bad as some had feared. Alibaba (BABA) lost approximately $1.2 billion in the first quarter, primarily due to the $2.8 billion fine imposed on it earlier this year by Beijing. Net income, excluding that, increased 18% to $4 billion. Revenue increased by a healthy 64% year over year to $28.6 billion. This exce.

Importance of Technology in Business Do you ever wonder why technology is so important in business? The answer is straightforward and simpple. Technology saves you time and effort, and it also improves your organization's security. Numerous factors contribute to the importance of technology in business, as the role it plays is critical to the smooth and efficient operation of the business. The corporate world cannot ignore the benefits that technology brings to businesses, as the majority of t.

Manufacturers are spending big to prevent a repeat As the world struggles with a semiconductor shortage, South Korea's chipmakers are investing heavily to boost production in the decade ahead. Samsung (SSNLF) and SK Hynix announced plans on Thursday, May 13 to significantly increase their investments in semiconductors through 2030, allocating tens of billions of dollars to the sector. Samsung announced plans to invest another 38 trillion Korean won ($34 billion) in manufacturing logic chips, .

Meet Raghu Raghuram who becomes VMware CEO after 17 years at the company VMware, an American cloud computing company, has named Raghu Raghuram as its new Chief Executive Officer (CEO) and Board of Directors member. Raghu will take over as CEO on June 1, 2021, succeeding interim CEO Zane Rowe. Raghu's appointment comes five months after VMware announced Pal Gelsinger would step down as CEO after eight years to become the new CEO of Intel. “I am overjoyed to see Raghu take the helm of VMw.

In Nigeria, Airtel's telecom business is booming. According to Airtel Africa PLC's quarterly report, the company's revenue in the country increased by 13% to $422 million in the quarter ended March. Last year, the telco earned $377 million in the same quarter. The increase was fueled by a 26.4 percent increase in data revenue from $120 million to $152 million. This accounted for approximately 35.4 percent of total revenue in the year, an increase of 3.7 percentage points over the previous year'.

The Uganda Communications Commission has granted Lycamobile a National Telecommunication Operator license, making it the country's third national operator. On March 24, 2021, this license was granted. Lycamobile's application was approved following a change to the country's licensing framework in 2020, which allowed telecom operators in the country to apply for any license they desired. Lycamobile is required to expand its network coverage to 90% of the country within five years of receiving t.

Unlocking Work opportunities for Women in Northern Nigeria Over the last two decades, a flurry of initiatives in Nigeria have aimed to support women's transition into work and self-employment, but women continue to face significant barriers to employment and economic opportunity. While this is a global reality, it is much more peculiar in low-income settings such as Northern Nigeria, where women's transition to work is heavily influenced by culture. While more women are finding employment oppo.