Samsung Vice Chairman Bags Two And Half Years Jail Term For Corruption

Lee Jae-Yong, the Executive Vice Chairman of the South Korean tech giant, Samsung, has bagged a two and half years jail term today over corruption charges, the ruling that would deprive him of his decision making power.

Facebook To Launch Lagos Office In 2021

Social Media giant, Facebook has announced that it would be opening its second office in Africa and first on the continent to house software engineers via an office in Lagos by 2021. According to Nunu Ntshingila, Regional Director, Facebook Africa, “We’re delighted to be announcing our new office in Nigeria. Five years on from opening our first office on the continent in Johannesburg, South Africa, we’re continuing to invest in and support local talent, as well as the various communities that use our platforms. The office in Lagos will also be key in helping to expand how we service our clients across the continent.”

Jeff Bezos Now Worth More Than $200 Billion - Forbes

American internet entrepreneur, industrialist, media proprietor, and investor, Jeff Bezos has now become the world's first-ever person to amass a $200 billion fortune. The 56-year-old who became the world's richest person in 2017  is now $90 billion richer than the world's second-richest person, Bill Gates, who's currently worth $116.1 billion.

Reddit To Buy TikTok Rival Dubsmash

American Social network firm, Reddit has on Sunday disclosed that it would buy a short-video platform, Dubsmash, expanding to compete with Chinese-owned TikTok. According to Reuters, Reddit said the terms of the acquisition were based on a combination of cash and stock.

China Celebrates Safe Landing of 'Cheap' Re-usable Spacecraft

A convenient, reusable and inexpensive spacecraft which was launched on 4th of September in China has safely landed after spending two days in orbit. According to Chinese state-run Xinhua News Agency, the spaceplane is similar to the Air Force’s X-37B and can provide a “convenient and inexpensive” method of getting to and from space.

First 'Human-Made' Helicopter Heads To Mars

NASA's Perseverance rover is headed to Mars and will land on Feb. 18, 2021, at 3:40 p.m. Eastern time. The Perseverance rovers aim at answering questions that have nagged humanity for long; The presence of life on our neighbouring planet. According to NASA, Perseverance’s biggest goal is to look for signs of life on Mars and dig up samples of dirt that could one day be returned to Earth for study.