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Netflix To End DVD Service After 25 Years

Netflix is closing the Digital Video Disc (DVD) rental service after 25 years, this is a part of earning report for the first quarter, which shows how dominant streaming has become for the company. Netflix co-CEO Ted Sarandos said: ‘Our goal has always been to provide the best service for our members but as the business continues to shrink that’s going to become increasingly difficult.’ The last discs will be posted on 29th September 2023. The company, which upended the television and movie industry as it moved from DVDs to online streaming, is now struggling to reignite growth. As it tries to boost subscribers, the firm has cracked down on password sharing in some countries. It plans to launch those measures more widely, including in the US, by July.

President Buhari Unveils NCDIE

President Muhammadu Buhari unveiled the National Council for Digital Innovation and Entrepreneurship (NCDIE) with the mandate to guide the implementation of the Nigerian Startup Act (NSA), 2022. The 14-member Council which is chaired by President Buhari was given its mandate during the Council’s inauguration ceremony on Wednesday just before the commencement of the weekly Federal Executive Council (FEC) meeting at the Presidential Villa, Abuja.

YouTube CEO Susan Wojcicki Steps Down After Nearly A Decade

YouTube CEO Susan Wojcicki, has just announced that she will be stepping down from her role after nine years. Wojcicki, who joined Google as its 16th employee in 1999, revealed her intention in a statement on Thursday.

Scientists Amazed As A Piece Of Sun Breaks Off

A section of the sun has left the surface and begun circulating around the top of the star as if it were a huge polar vortex, and it’s not exactly clear why it’s happened. The giant filament of plasma appears to have broken away from the sun and swirled around its north pole in a tornado-like vortex. NASA's Solar Dynamics Observatory captured the mysterious event on February 2. The entire spectacle, which lasted about 8 hours, went viral on Twitter when Tamitha Skov, a science communicator and research scientist at The Aerospace Corporation in California, posted footage.

FG Approves Free Broadband In Airports, Schools, Worth N24,20 Billion

The federal executive council (FEC) has approved the sum of N24.20 billion for the provision of broadband infrastructure in airports, higher institutions, and markets across Nigeria. The FEC also approved N95.8 billion for the Akure/Ita Ogbolu – Iju/Ado Ekiti road, linking Ekiti and Ondo States. Speaking with state house correspondents on Wednesday, Isa Pantami, minister of communications and digital economy, said the airports were drawn from the six geo-political zones. He said the price for the contract which covers the airports and institutions of learning is N18.95 billion. “In these two memos, certain intervention projects are going to be implemented by the federal government of Nigeria through the Nigerian Communications Commission of providing Internet in 20 selected airports in Nigeria and higher institutions of learning and also some markets to support micro small and medium enterprises,” Pantami said.

Jumia LaysOff Workers, Downsizes By 20%

E-commerce company, Jumia, has downsized its workforce by 20% as part of the company's strategies of cutting costs and reducing losses. The company made this disclosure on Thursday 16th February 2023 and also announced that it has streamlined its organizational structure and put in place more effective teams fully committed to the execution of its strategy.

Google Loses $100bn After AI Chatbot Gives False Answer

Google owner Alphabet Inc fell by the most in over three months after a demonstration of its new artificial intelligence chatbot, Bard, triggered concerns that the tech giant has lost ground in the race for the future of internet search. Google has been under pressure since developer OpenAI launched its wildly popular chatbot, ChatGPT, which many in the tech industry tout as the next generation of search. On Tuesday, Microsoft Corp., which is investing billions in OpenAI, unveiled a new version of its Bing search engine and Edge browser incorporating technology from the AI startup. On Wednesday, Google hosted a news conference in Paris where it shared more details about its progress integrating artificial intelligence into search.

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