Samsung Electronics has revealed it is making chips designed specifically to harvest crypto-currency coins.

The firm made the disclosure in its latest earnings report, where it said the activity should boost its profits.

The report also confirmed that the South Korean company overtook Intel to become the biggest chipmaker last year.

Safety and security concerns have been expressed in many quarters in several countries after a fitness tracking app known as Strava, displayed the exercise route of military personnel in bases around the world.

The online fitness tracker appears to show the structure of foreign military bases in countries including Syria and Afghanistan as soldiers move around them.

San Francisco-based Strava which has 27 million users around the world, provides an app that uses a mobile phone's GPS to track a subscriber's exercise activity, showing the paths its users log as they run or cycle.

Although, it has not outrightly ruled out the possibility of establishing a manufacturing plant in Nigeria, South Korea's electronic giant, Samsung is hoping that the country's infrastructure would improve and market size enlarged soonest to be able to accommodate its plans for the country.

Speaking in Lagos at the 2018 Dealers Forum, the President and Chief Executive Officer of Samsung Electronics Africa, Sung Yoon, who disclosed that SEWA is refocusing its vision and strategy for Nigeria, noted that one of the reasons for not establishing a manufacturing plant in Nigeria, yet was because its market size.

Yoon said that though Samsung was the leading consumer electronic company in Nigeria, but its market size was not large, compared with that of South Africa, where the firm has a plant.

Child experts numbering over 100 have called on Facebook to withdraw an app it created which is aimed at kids under 13 years of age.

In an open letter to Facebook Founder Mark Zuckerberg, the experts described the Messenger Kids an "irresponsible" attempt to encourage young children to use Facebook.

The letter signed by a range of child welfare groups including; Campaign for a Commercial-Free Childhood, argued that, Young children are not prepared to have social media accounts.

"Messenger Kids will likely be the first social media platform widely used by elementary school children (four- to -11-year-olds)," the letter said.

Lenovo, Xiaomi, Vivo and OPPO all Chinese firms expressed interest in acquiring Qualcomm components with a total value of no less than $2 billion over three years.

Qualcomm, the U.S. chip maker made the revelation on Thursday.

The Nigerian Communications Commission (NCC) has given a notice of its intention to suspend the interconnect exchange licences granted to six telecommunications clearinghouses over the unethical practice of allowing call masking and call refilling emanate from their facilities.

According to report, NCC has given Medallion Communications Limited, Interconnect Clearinghouse Nigeria Limited, Niconnx Communication Limited, Breeze Micro Limited, Solid Interconnectivity and Exchange Telecommunications Limited up to January 31, 2018 to state reasons why the regulator should not suspend their licences.