Business/Brands & Marketing
TECH ROUNDUP: Bolt faces major backlash in Kenya over links to kidnapping cartels
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Bolt is facing major backlash in Kenya because its app is allegedly connected to a kidnapping
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Telkom said that its full-year headline earnings per share fell 76.6%
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Synthesia is now a unicorn after raising $90 million
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A new investigation into Farmforte’s investment product, Agropartnerships reveals that the company allegedly held investors’ payout for years
Bolt is facing major backlash in Kenya because its app is allegedly connected to a kidnap. Authorities say that says that they have connected the e-hailing company’s app to the activities of a gang of two kidnappers in the country’s capital, Nairobi.
Telkom said that its full-year headline earnings per share fell 76.6%, citing the worst power cuts on record and a sluggish economy. It said it would not resume dividend payments for at least another year given its cash position and the state of the economy.
Also Read: TECH ROUNDUP: Binance says Binance Nigeria Limited is not affiliated with them
A new investigation into Farmforte’s investment product, Agropartnerships reveals that the company allegedly held investors’ payout for years and then quietly exited the country.
Access Bank has unveiled two new consumer credit cards: the Access Bank American Express Gold Card and the Metal Platinum Card. These are the first American Express cards to be issued in Nigeria and West Africa.
SOCIAL MEDIA
Twitter is reportedly set to impose restrictions on the number of direct messages (DMs) that non-Blue users can send each day as part of its plans to compel more users to subscribe to the paid version of Twitter.
YouTube is lowering the requirements for creators to get access to monetization tools under the YouTube Partner Program (YPP). The company is expanding its shopping affiliate program to U.S.-based creators who are part of YPP and have more than 20,000 subscribers.
A new study by the American Psychological Association raises alarm over the long-term effects of AI use in professional settings. “Employees who frequently interact with artificial intelligence systems are more likely to experience loneliness that can lead to insomnia and increased after-work drinking,” the study says.
WORLD NEWS
Google employees say that management is overreaching in its oversight of physical attendance after it said its hybrid three-day-a-week office policy to include badge tracking.
Synthesia, a digital media platform that lets users create artificial intelligence-generated videos, has raked in $90 million from investors — including U.S. chip giant Nvidia, boosting the company’s valuation to $1 billion.
SoftBank Group Corp is planning a fresh round of layoffs at its Vision Fund investment arm, which could impact up to 30% of its staff at the unit, including employees in the U.S.
