Data released by OnlyAccount has shown that X, formerly Twitter`s ad revenue is expected to drop by 30% or $1.3bn in 2023, making it the only social media platform among the top seven with an ad revenue drop. Since the taking over of Twitter by Elon Musk, the social media platform has been experiencing losses in advertising revenue. Industry watchers and analysts attribute this to changes to its content moderation rules, which turned away many users and advertisers. The platform has struggled to regain monthly traffic volume and income from social media ads. According to a Statista survey, Twitter`s ad…
Author: ITPulse
In fulfillment of his earlier promise, the Minister of Communications, Innovation & Digital Economy, Dr. Tijani Bosun has today unveiled a 4-Year strategic Blueprint for 2023-2027 for the Ministry, which will be anchored on five pillars. Titled ‘Accelerating our Collective Prosperity through Technical Efficiency’, the Minister said the document is a critical launchpad in the journey towards a Nigeria that thrives in the digital age alignment with the Renewed Hope Agenda of President Bola Ahmed Tinubu. “This strategic blueprint articulates a vision for Nigeria that builds on the transformative power of digital technology and innovation to diversify and deepen our…
Analyst firm, Gartner in its first Gartner Magic Quadrant for the Communications Platform as a Service (CPaaS) market has recognized Infobip as a communications platform Leader for its ability to execute and completeness of vision. This was disclosed in its Competitive Landscape CPaaS report. According to Gartner, the communications platform as a service market is evolving beyond APIs to encompass the entire customer journey. Existing conversational commerce use cases are broadening to become conversational everything. In the same report, the analyst recommended CPaaS providers must: “construct customer experience as a service (CXaaS) offerings to target the entire customer life cycle…
The duo of Check Point Software Technologies Cybersafe Foundation has sealed a partnership deal that will help to combat the ongoing cybersecurity skills shortage in Africa, especially among women. Part of the deal is that Check Point SecureAcademy is providing free education resources to Nigerian charities demonstrating its commitment to diversifying and futureproofing the cybersecurity industry. The collaboration with Check Point’s SecureAcademy program, which provides free cutting-edge cyber educational content through partnerships with higher learning institutions and non-profit organizations, will see its courses being used as part of Cybersafe’s programme CyberGirls a one-year free initiative designed to equip women between…
Two Nigerian teachers have been shortlisted in the top 50 shortlist for the Varkey Foundation Global Teacher Prize 2023 organised in collaboration with UNESCO and in strategic partnership with Dubai Cares, a UAE-based global philanthropic organisation. The teachers, Peace Sule, an ICT teacher at Akoka Junior High School in Lagos, and Stephanie Akinwoya, a physics teacher at Iju Senior Grammar School in Lagos were selected from over 7,000 nominations and applications from 130 countries around the world and will likely get the USD 1 million Global Teacher Prize, which is the largest prize of its kind. The Varkey Foundation Global…
The third edition of the Africa Tech Alliance Forum (AfriTECH 3.0) is scheduled to be held on the 8th of November 2023 at the Providence Hotel, Ikeja, Lagos, themed: “Technology-as-a-Service (TaaS) in Emerging Economy”. Similarly, voting has commenced for the Africa Tech Alliance Excellence (ATAEx) awards through the: https://vote.africatechallianceforum.africa/. Today, the boundary between hardware and software is blurring. Software is infiltrating more and more technology products that used to function only by mechanical rules and analog signals. Different models of driverless cars are navigating themselves with sensors and software. This trend is not stopping. Hardware-based technology companies often find themselves…
…. Equip the show with the latest home appliances and offer winners exciting gifts LG Electronics is making its debut at Street Foodz Naija season 4, Nigeria’s foremost docu-reality cooking contest series that showcases the best of Nigeria’s street food delicacies. Unveiling the new season at a media parley held at The Ark Hotel, Victoria Island, Lagos, Oluwafemi Ogundoro, Managing Director of Maxima Media Group and Co-founder of Foodbay TV, said this season 4 is going to be explosive. “This season will provide a variety of events, so we have a lot in store for both the audience and the…
The outlook for data centre growth on the African continent looks bullish. With a population of almost 1.5 billion people, the African marketplace possesses a significant advantage in terms of market size and potential. Importantly, whilst the continent might lag behind countries like China and India when it comes to sheer population size, what sets it apart is the average age of its population which is between 18-19 years. It is a young generation that is well-equipped to adapt to the digital’s environment continuous change. This younger generation has a natural affinity for learning and working with technologies such as…
Application has been opened for Small and Medium Businesses (SMBs) in Nigeria to get a ₦75 Million equity-free fund through Google’s Hustle Academy SMB Fund. This opens up an opportunity for 15 Nigerian small business owners to get N5 million each. This will go a long way to addressing some of the challenges of entrepreneurs in Nigeria, who face the perennial obstacle of securing vital funding. According to the World Bank, African SMBs face a staggering financial gap of $330 billion. Additionally, only 25% of SMBs in Africa have access to bank loans, a percentage that sharply contrasts with the…
The duo of Cassava Technologies and Atlas AI have sealed a partnership deal that is aimed at strengthening the impact of connectivity and digital services across Africa, using data-driven insights to accelerate digital transformation and economic growth. Through this partnership, Cassava will be able to deliver cutting-edge AI development capabilities custom-built for its enterprise customers, catering to the unique needs of businesses on the African continent Announcing the partnership in a statement, Hardy Pemhiwa, President and Group CEO of Cassava Technologies said: AI and data analytics are a core part of our digital transformation journey across all Cassava Technologies business…
