Smartphone vendor HMD Global raised $100 million in its latest funding ambition, cash earmarked to grow the Nokia device brand with an ultimate aim of reclaiming its position as one of the world’s leading manufacturers.

Among the investors was Wonderful Stars, a subsidiary of Hon Hai Precision (Foxconn)-owned FIH Mobile, which will hold a direct stake of six per cent of the company’s issued shares once HMD Global’s pending transactions are complete.

Other buyers comprise investment companies Ginko Ventures (through Alpha Ginko) and DMJ Asia Investment Opportunity.

On Tuesday, NASA is launching two new satellites, collectively called GRACE, to replace two that have been retired after 16 years in orbit. GRACE stands for Gravity Recovery and Climate Experiment. The satellites measure — with exquisite sensitivity — changes in the Earth's gravitational field.

A small group of developers have recently banded together to form what they are calling The Developers Union, towards convincing Apple to make some changes to the App Store to help allow them to make a better living off it.

Among the changes that the developers are asking for is for Apple to allow developers to offer free trials for users. This is something that even iOS users have been requesting for, so it is unclear as to why Apple has resisted that feature.

“Today, we are asking Apple to publicly commit by the tenth anniversary of the App Store this July to allowing free trials for all apps in the App Stores before July 2019.”

Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world’s largest music publisher in an industry that has found new life on the back of streaming services.

The acquisition is the biggest strategic move yet by new CEO Kenichiro Yoshida and gives Sony a catalogue of more than 2 million songs from artists such as Kanye West, Sam Smith and Sia.

The deal is part of Yoshida’s mission to make revenue streams more stable with rights to entertainment content - a strategy that follows a major revamp by his predecessor which shifted Sony’s focus away from low-margin consumer electronics.

Adobe announced that it was acquiring e-commerce services provider Magento for $1.68 billion. The purchase gives Adobe a missing e-commerce platform piece that should fit nicely in the company’s Experience Cloud. The deal should help Adobe bolster its experience cloud business, which provides services including analytics, advertising and marketing.

The Nigerian Communication Satellite Limited (NIGCOMSAT) says it is collaborating with other government agencies to broaden internet connectivity in the rural areas of the country. Mr Samson Osagie, the Executive Director, Marketing and Business Development of NIGCOMSAT, said this in an interview in Abuja on Sunday.