LATEST TECH NEWS: 5 things you need to know today, March 30, 2020 – Ripples Nigeria
EU removes Bahamas, Seychelles, 2 others from ‘bad tax governance’ list
SENEGAL: 15 presidential candidates lament delay in setting new election date
German govt agrees to join EU military mission to Red Sea
Russia’s main opposition leader, Navalny, dies in prison, sparking outrage, questions
Russia intensifies attacks on Ukraine, launches missiles on Kyiv, other cities
HoS retirement: Group alleges Aiyedatiwa out to erase Akeredolu’s legacies
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AGF, Fagbemi, urges judges, NASS to reject attempts to frustrate govt
Again, equities market tumbles as investors lose N720bn
OPEC asks Nigeria to ramp oil production or miss $14tr investment opportunity
Reps to probe Multichoice over alleged N1.8tr, $342m unremitted tax
Air Peace announces new London route prices: economy N1.2m, business for N4m
Cardoso says $26bn from unknown sources passed through Binance Nigeria in one year
ICYMI…SPECIAL REPORT: NNPCL hides behind PIA to frustrate disclosure, accountability
INVESTIGATION: Multi-million naira Ekiti resort center remains uncompleted a decade after
SPECIAL REPORT: Torturous experiences of students with disabilities in Oyo tertiary institutions
INVESTIGATION: Uncompleted Old Enugu-Onitsha Road brings untold hardship, tears to commuters, residents of Enugu communities
INVESTIGATION: Students sit on floors, under leaking roofs as multi-million naira project is nowhere to be found in Zamfara
FACT CHECK: Is this a video of racist foreigner assaulting Nigerian worker in Nigeria?
FACT CHECK: Did South Africans attack Nigerians in Johannesburg after AFCON match?
FACT CHECK: Did ICJ order Israel to stop military campaign in Gaza?
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Paris Olympics: Super Falcons beat Cameroon to reach final qualifying round
Rivers Utd beat Angola’s Academica do Lobito in Confed Cup
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TechNigeria: A weekly digest of what went down in Nigeria’s tech space
Instagram expands marketplace to connect eight countries. 2 other stories and a trivia
Naira slumps again to ₦1,615/$1 at official market, N1,610$1 at parallel window
Naira recovers to ₦1582/$1 at official market as difference between official, parallel windows narrow
Naira depreciates massively against dollar at official window, trades at N1,665.50/$1
Naira yoyo continues, short of N100 to hit N2,000/$1 at black window
Naira in riotous mode on parallel window dips to N1,900
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These 5 latest stories from the tech space will keep you updated with trends today.
1. Microsoft pulls out investments from Isreali tech company
Tech giant, Microsoft, has pulled out of an investment in an Israeli facial recognition technology developer, AnyVision. This comes as part of a broader policy shift of Microsoft to halt any minority investments in facial recognition startups.
According to Microsoft, the decision to withdraw its investment from the Israeli company came as a result of an investigation into reports that AnyVision’s technology was being used by the Israeli government to survey residents in the West Bank. The former U.S. Attorney General Eric Holder and his team at Covington & Burling confirmed that AnyVision’s technology was used to monitor border crossings between the West Bank and Israel.
2. Covid-19: Seven Nigerian startups to take part in the #Covid19InnovationChallenge
Seven Nigerian startups have been selected by Nigeria’s Ventures Platform and the Lagos State Science and Research and Innovation Council (Lasric) to take part in the #Covid19InnovationChallenge. The challenge is aimed at the development of solutions to mitigate the spread of the virus in Nigeria. Recall that Ventures Platform had earlier opened applications this month for the challenge — to find, support, fund and grow products and services that could potentially help millions of Africans through the pandemic.
The organising team from Ventures Platform and Lasric said the seven were chosen from over 500 applicants that submitted applications over six days. Hence, the seven will now be enrolled on a five-day bootcamp, intended to help the selected founders and startups work with selected stakeholders to finalise solutions and launch. These startups include Wellvis Health, Prunedge, Infodemics, Wellahealth, MyServiceAgent, Innover Technologies and Cmapit Analytics.
3. Samsung’s Galaxy Chromebook set to launch in April
Electronic gadgets manufacturer, Samsung, has slated April, 2020 as the official launch date of its upcoming Galaxy Chromebook. The product, which can be bought after launch for $999, comes in Mercury Gray, or the bolder Fiesta Red that looks bright orange in some settings, a review of the product has stated.
Read also: LATEST TECH NEWS: 5 things you need to know today, March 27, 2020
The Samsung product will be the first Chromebook to sport a 13.3-inch 4K OLED display. With the current trend of COVID-19, however, as the world still struggles to put up with its challenge, there are fears that this might affect the sales of the new product. Reviewers have advised that Samsung postpone the launch to secure appreciable sales.
4. Renmoney lays off over 300 employees
Digital money lender, Renmoney MFB Limited, has terminated the employment of over 300 of its staff force, worse account of any recent lay off by any money lender establishment. While there are speculations that the lay off came as a ripple effect of the persisting coronavirus spread, the company has stated that its reason for doing so was in a bid to adopt new technologies to carry out lending and other services.
Renmoney, in an official statement to the public, noted that it will no longer operate a direct sales channel. And for this reason, customers may likely not need staff to apply for loans, open a savings or fixed deposit account. To this end, these processes are supposed to be replaced by using the digital lending platform the company claims to have built. Critics have condemned Renmoney’s move, underscoring the fact that it came at a wrong time.
5. US government adapts mobile ad location data to study coronavirus spread
US government officials have tapped into privacy data to monitor spread of the virus. The officials are doing this by using cellphone location data from the mobile ad industry to track Americans’ movements during the coronavirus outbreak.
Reports from the US confirmed that the Centers for Disease Control and Prevention, along with state and local governments have received cell phone data about people in areas of geographic interest. With this support from tech, US can create a government portal with geolocation information from some 500 cities across the country, to help ascertain how well people are complying with stay-at-home orders.
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TechNigeria: A weekly digest of what went down in Nigeria’s tech space
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