Tue, May

US Govt. Shuts Down Silicon Valley Bank

The United States regulators announced that they have shut down the 16th largest financial institution in the country, Silicon Valley Bank (SVB). It was reported that the move came after the bank started experiencing a bad run amidst concerns raised by depositors.

Meta: Facebook, Instagram Users To Pay $12 Monthly For Verification

The parent company of Facebook and Instagram, Meta, has announced a new monthly verification fee of $11.99 for verified accounts on their social media platforms. According to reports, this was revealed in a Facebook post, on Sunday by the CEO, Mark Zuckerberg which said that ‘Meta Verified’ would let users, “verify your account with a government ID, get a blue badge, get extra impersonation protection against accounts claiming to be you, and get direct access to customer support.

NCC Warns About Threat To Android Devices

The Nigerian Communications Commission (NCC) has issued a security advisory to Nigerians over a new malware called “Schoolyard Bully” which has infected over 300,000 Android devices worldwide and steals Facebook account credentials. The latest advisory was released by the NCC’s Computer Security Incident Response Team (CSIRT) which stated that Nigerians with mobile devices should only download applications from application stores and official sites.

5G Rollout: NCC Grants Mafab 5-Months Extension

The Nigerian Communications Commission (NCC) has granted Mafab Communications Limited a five-month extension to launch 5G services nationwide due to its inability to meet the rollout commencement date of August 24, 2022.

AI War: Microsoft, Google Fightback Against ChatGPT

Tech giants, Microsoft and Google in response to OpenAI ChatGPT creation have unveiled their own AI chatbot that will be integrated into its search engine Binge, Google search and browser Edge. A recent report from analysts claimed ChatGPT had reached 100 million monthly users to become the fastest-growing internet app in history.

WhatsApp To Introduce Message Yourself Feature

The popular instant messaging platform, WhatsApp has announced it will introduce a new feature called Message Yourself which allows users of WhatsApp to send messages to their own accounts. WhatsApp stated the new feature would be useful for to-do-list, reminders or draft messages meant to be sent later, adding that the message can also be pinned and archived.

FG Instructs NITDA, NCC To Support Tech Innovators

The Federal Government through its Minister of Communications and Digital Economy who also doubles as the chairman of the World Summit on the Information Society Prof. Isa Pantami has instructed the seven champions of the WSIS to receive the support and collaboration of the National Information Technology Development Agency (NITDA) Nigeria Communications Commission(NCC), and Galaxy Backbone Limited, to ensure that their innovative solutions are of global benefits. The WSIS event took place in Geneva, Switzerland, and had technical sessions that gave youths around the world the privilege to work and submit projects covering e-health, e-agriculture, e-education, and other fields. The seven-person who emerged winners were Afrilingo by Franca Umasoye Igwe, who came out tops as the winner of the WSIS 2022 Hackathon.

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