Waymo’s Autonomous Vehicles Under Investigation After Multiple Crashes and Traffic Violations
Posted in News2 mn read The National Highway Traffic Safety Administration’s Office of Defects Investigation (ODI) has launched a probe into Waymo’s autonomous vehicle software following 22 reports of the company’s robotaxis crashing or potentially violating traffic safety laws . The investigation aims to evaluate the software’s ability to avoid collisions with stationary objects and detect and respond to traffic […]
Uber to Acquire Foodpanda’s Taiwan Operations for $950M
Posted in News2 mn read Uber Technologies has announced a significant deal to strengthen its food delivery presence in Asia. The company will acquire the Taiwan unit of Delivery Hero’s Foodpanda for a whopping $950 million in cash. This acquisition is a strategic move by Uber Eats to expand its foothold in the Taiwanese market and is expected to close […]
TikTok Removes 1.7 Million Videos Posted by Nigerian Users in Q4 2023
Posted in News2 mn read ByteDance’s popular short video platform, TikTok, has announced the removal of 1.7 million videos uploaded by Nigerian users during the fourth quarter of 2023. The move comes as part of the platform’s ongoing efforts to enforce its Community Guidelines and maintain a safe and authentic environment for its users. According to TikTok’s Community Guidelines Enforcement […]
Binance Executive Pleads Not Guilty, Remanded in Kuje Prison
Posted in News2 mn read Tigran Gambaryan, an executive of Binance Holdings Limited, has been remanded in the Kuje Correctional Centre by the Federal High Court in Abuja (Few weeks ago he sued Nigeria’s National Security Adviser (NSA)), pending the determination of his bail application. The court’s decision came after Gambaryan pleaded not guilty to money laundering charges brought against […]
Private Equity Firm Adenia Partners Closes Oversubscribed $470M Fund for African Investments
Posted in News2 mn read Adenia Partners, a leading private equity firm focused on growth opportunities in Africa, announced the successful close of its fifth flagship fund, Adenia Capital V (AC(V)), at its hard cap of $470 million. The significantly oversubscribed fund attracted commitments from a diverse range of global investors. AC(V) will continue Adenia’s proven investment strategy of making […]