Nvidia’s $40 bn Arm Limited Acquisition Deal Sparks Industry Dissent

September 17, 2020 239

Information Technology

By Stephen Nellis, Josh Horwitz and Hyunjoo JinNvidia Corp’s $40 billion agreement to acquire Arm Ltd from SoftBank Group Corp is likely to meet strong opposition from Nvidia’s chip industry rivals, analysts say, with murmurs of protest emerging in South Korea and China within hours of the deal’s announcement.Arm has unparalleled reach as a supplier […]Continue Reading

Six Tech Startups Chase IPO

August 28, 2020 390

Information Technology

On Monday, August 24, 2020 ,six technology startups filed for initial public offer, IPO. Asana, Snowflake, Unity, Palantir, JFrog, and Sumo Logic, all submitted their S-1s, marking one of the busiest days in history for United States’s Securities and Exchange Commission, SEC filings. With the stock market recovered from its COVID-induced drop in April, tech […]Continue Reading

Huawei Urges Cooperation Among Telecoms Regulators to Address COVID-19 Challenges

August 2, 2020 571

Information Technology

Catherine Chen, Huawei’s corporate senior Vice president and director of the Board, has called on global telecoms regulators to work together to address the challenges posed by COVID-19 pandemic.According to Chen, who delivered a keynote speech at the online Better World Summit 2020,held recently ,stressed that cooperation among telecoms regulators across many nations and Continue Reading

MainOne Celebrates 10 Years of Enabling West Africa’s Digital Revolution

July 8, 2020 249

Information Technology

By Chike OnwuegbuchiMainOne, West Africa’s leading provider of Wholesale and Enterprise connectivity and data center services celebrates 10 years of delivering innovative, world-class service in West Africa.Ten years ago, the company launched its operations with the commissioning of the first private submarine cable on the West Coast of Africa. The company has played a Continue Reading

eTranzact Posts N183m Loss In First Quarter

July 8, 2020 274

Information Technology

eTranzact International Plc has posted a loss after tax of N182.53million for the first quarter, ended March 31, 2020.This is against a profit after tax of N90.76million recorded, for the corresponding period last year..According to the firm’s audited report obtained from the Nigerian Stock Exchange (NSE),July 8, its revenue grew to N5.92billion in the first […]Continue Reading

Buhari Designates Telecoms Towers As Critical National infrastructure

June 4, 2020 543

Information Technology News

President Muhammadu Buhari has designated telecommunications masts ,towers and booster stations deployed by GSM network operators as critical national infrastructure .The President has also ordered security agencies especially the Department of State Security, DSS to do all they can to protect them. According to a statement signed by the spokesperson to the Minister of Continue Reading