Nokia To Cut Down Thousands of Jobs After Profit Plunge

Finnish telecom giant Nokia has disclosed its plans to cut its workforce down up to 14,000 jobs over the period of three years as its cost slashes after a worse-than-expected slump in demand for its mobile network equipment.
Nokia stated that the plans to cut 16% of its 86,000-strong global workforce were part of efforts to cut costs by €1.2bn by the end of 2026. The cuts were announced as the company revealed a 70% drop in third-quarter profits, which fell to €133m (£116m) compared with €428m a year earlier.

New Meta AI Chatbots Coming To WhatsApp, Messenger, Instagram

Meta will launch a new AI chatbot for all Meta social apps besides Threads that will transform the way people interact on WhatsApp, Instagram, and Messenger. The beta rollout will include celebrity chatbot collaborations from the likes of Kendall Jenner, Snoop Dogg, Paris Hilton, MrBeast, and Tom Brady. Will Meta CEO Mark Zuckerberg and his Meta AI chatbot platforms catch up with OpenAI’s ChatGPT and Google Bard?. The new AI is promising a wide range of artificial intelligence features, from chatbots with personality to AI-generated stickers. In addition to Meta's conversation assistant.

Things To Know As Apple Unveils Latest Release, ‘Iphone15’ Today

Tech company, Apple, is set to unveil its latest iPhone product, the iPhone 15 today, September 12. This model will be unveiled at the company’s “Wanderlust” event in Cupertino, California, United States Of America, and is expected to come in four variants: iPhone 15, iPhone 15 Plus, iPhone 15 Pro and iPhone 15 Pro Max, a Forbes report stated.

Meta Begins Rolling Out Its First Gen AI Features For Advertisers

Meta today announced its first generative AI-powered tools for advertisers, available inside Meta's Ad Manager network. This will allow the use AI to create backgrounds, expand images, and generate multiple versions of ad text based on their original copy. The launch of the new tools follows the company’s Meta Connect event last week where the social media giant debuted its Quest 3 mixed-reality headset and a host of other generative AI products, including stickers and editing tools, as well as AI-powered smartglasses.

Nigeria's 5G Subscription Hits 500,000 – NCC

The subscription for Nigeria's Fifth Generation network has reached the 500,000 mark. The Executive Vice Chairman, of the Nigerian Communications Commission (NCC), Prof. Umar Dantatta, who revealed this at a media parley recently in Kano noted that NCC is also promising to achieve at least 50 percent broadband coverage of the nation before the end of 2023. NCC also revealed that general internet subscriptions reached 159.5 million from less than 100 million in 2015. The Executive Chairman of the NCC, Prof. Umar Danbatta, noted that the national target to achieve 70 percent broadband penetration by 2025 was receiving renewed attention from the Commission.
According to a statement by NCC’s spokesperson, Mr. Rueben Muoka, Danbatta gave statistics. The statement quoted the NCC boss as saying that the various efforts of the Commission to improve broadband penetration were yielding fruitful results with the current estimates as of July 2023 standing at 47.01 per cent.

NERC Unveils Power Outage, Disruptions Reporting App

The Nigerian Electricity Regulatory Commission (NERC) has unveiled an application known as the Power Outage Reporting System to enable electricity consumers report electricity disruptions and outages to Distribution Companies (DisCo). The unveiling ceremony was held on Monday at NERC’s Headquarters in Abuja where the NERC Chairman, Sanusi Garba revealed that the Abuja Electricity Distribution Company (AEDC) would be utilized as a test-run for the app pending a national roll-out for all DisCos.