Facebook CEO Zuckerberg loses $16b in 5 minutes

Facebook CEO Zuckerberg loses $16b in 5 minutes

Facebook is in deep financial difficulty after its Chief Executive Officer (CEO), Mark Zuckerberg, lost more than $ 16 billion in less than 24 hours. The company reported weaker-than-expected second-quarter results and issued guidance that its financial future is not as rosy as some investors thought it might be. Set against this backdrop, one activist […]

Huawei demonstrates 5G Technology in Bangladesh

Huawei demonstrates 5G  Technology in Bangladesh

Chinese telecommunications giant Huawei conducted Bangladesh’s first trial of 5th Generation Network at a ceremony in Dhaka. According to a Tweet by the People’s Daily of China, the ceremony, which took place Wednesday, July 25, in the capital Dhaka, was in conjunction with Bangladeshi government departments and a joint venture. Also involved in first trial […]

FG says it intensifies effort toward self-reliance

FG says it intensifies effort toward self-reliance

The Federal Government on Thursday said it would put in more effort to add value to Made-in-Nigeria goods and services toward the country’s self-reliance. The Minister of Science and Technology (FMST), Dr Ogbonnaya Onu, made this known during an interactive forum with management staff of the ministry in Abuja. Onu said that the government planned to achieve […]

Instagram launches app for long videos, rivals YouTube

Instagram launches app for long videos, rivals YouTube

Facebook Inc-owned social network, Instagram, launched a mobile app on Wednesday dedicated to user-generated videos up to an hour long, intensifying the competition for consumers’ time among ad-supported streaming services such as YouTube. Called IGTV in a nod to traditional television, the service plans to feature videos from rising internet celebrities, artists and pets, some of whom […]

New from Apple: iPhone users to share augmented reality

New from Apple: iPhone users to share augmented reality

Apple Inc next week will release tools to let two iPhone users share augmented reality while limiting the personal data sent to its servers, official sources said this week. Augmented reality (AR) allows viewers to see virtual structures superimposed on their surroundings via their smartphones or other devices. It is the technology used in mobile […]

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