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Facebook, Twitter boot staff to maintain balance

Meta; the parent company of Facebook, Instagram and WhatsApp fired 11, 000 workers in a single day after reporting its biggest one-day loss on Wall Street in early February when the company’s worth plummeted by over 26% or about $230…

Samsung appoints family heir, Lee Jae- yong, Exec Chairman

Jae-yong comes with embezzlement saga South Korean electronics giant Samsung has appointed an influential member of the founding family, Lee Jae-yong, its executive chairman. With the appointment, the world’s biggest smart phone maker will now be officially run by the…

Telecom firms to reverse inflation tariff hikes

Nigerian Telecommunications Commission (NCC) has ordered players in the nation’s mobile telecommunication industry to reverse a 10% tariff hike that was meant to cover rising costs. The industry regulator said in an emailed statement that its board didn’t approve the…

Hotspot and Husk Power deploy solar power at rural telecom hubs

Telecommunications service provider, Hotspot Network Limited (HNL) is in partnership with Husk Power Systems to displace diesel generating plants at off grid telecommunication mast stations in rural Nigeria. A statement from Husk Power Systems which operates large fleet of rural…

Elon Musk demands Twitter deal be based on real accounts

Elon Musk said that if Twitter Inc. could provide its method of sampling 100 accounts and how it confirmed that the accounts are real, his $44 billion deal to buy the company should proceed on its original terms. “However, if…

 MTN commends Pantami on Nigeria’s 5G roadmap

Multinational telecommunications services provider, MTN, is happy about the plans by the Ministry of Communications to roll out 5G technology for the Nigerian market. Chairman, Mr. Mcebisi Jonas, and Chief Executive Officer, Mr. Ralph Mupita, who were at the Commonwealth…