Global revenue from over the top (OTT) business messaging will increase from $3.6 billion in 2025 to $9.8 billion in 2029. This sizeable growth of 265% will be driven by WhatsApp’s transition to a per message pricing model. WhatsApp is the largest OTT messaging application in the world, with more than 2 billion users globally, […]
Read MoreSocial media giant Meta announced Tuesday a significant rollback of its content moderation policies, including the termination of its third-party fact-checking program in the United States. “We’re going to get rid of fact-checkers and replace them with community notes similar to X (formerly Twitter), starting in the US,” Meta Founder and CEO Mark Zuckerberg said […]
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Access Bank PLC has been named the 2024 Best Digital Award Winner in the Commercial Banks Category at the Digital Jurist Awards, organized by Phillips Consulting (pcl.). In addition to this top honour, the Bank also secured the Best Website Award, achieving an impressive score of 201 points for its engaging and user-friendly digital experience. […]
Read MoreTikTok said it removed over 2.1 million videos in Nigeria in the second quarter of 2024 for violating its community guidelines. According to the Community Guidelines Enforcement Report shared on Tuesday, Tiktok said the action is part of the company’s ongoing efforts to enhance content moderation and create a safer platform for users. “Key findings […]
Read MoreAMA PRESS RELEASE Tackling systemic barriers towards the participation of young women in Africa’s workforce will drive an estimated $287 billion to its economy by 2030, boosting GDP by five percent, a new report commissioned by the Mastercard Foundation reveals. Conducted in collaboration with McKinsey & Company, the study reinforces the crucial role of women’s […]
Read MoreTelegram chief executive Pavel Durov has been arrested by French police at an airport north of Paris. Mr Durov was detained after his private jet had landed at Le Bourget Airport, French media reported. According to officials the 39-year-old billionaire was arrested under a warrant for offences related to the popular messaging app. The investigation […]
Read MoreThe social media giant Meta Platforms plans to spend between $96 billion to $99 billion from the money it will make from your activities in all its platform: Facebook, Instagram, Threads and WhatsApp, among other products and services. As at June 30 of 2024, the already made $39 billion. “We expect full-year 2024 total expenses […]
Read MoreMeta, the parent company that owns Facebook, Instagram and WhatsAPP is offering a grant of $2 million to Africans who are able to develop applications in areas such as economic development, science and innovation and public service. The company made this known while unveiling the launch of the Llama 3.1 Impact Grants, in its continued […]
Read MoreMeta Shut Down 63,000 Accounts in Nigeria… Meta Platforms said on Wednesday it had removed about 63,000 accounts in Nigeria that attempted to engage in financial and sexual extortion scams mostly aimed at adult men in the United States. Nigerian online fraudsters, known as “Yahoo boys,” are notorious for scams that range from passing themselves […]
Read MoreThe quest for a safe and inclusive digital ecosystem was a subject of when Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa hosted the Head of Government Regulation and Public Policy TikTok Nigeria and West Africa, Mrs Tokunbo Ibrahim In his chat with her, Inuwa that reiterated the need for a […]
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