Twitter might just launch a subscription platform, hints job listing

Jack Dorsey, Twitter's CEO Voice Tweets Gryphon

Twitter appears to be having a subscription platform for its social networking service in the works. A new job listing reveals that Twitter has a new internal team, codenamed “Gryphon,” that is “building a subscription platform.” Twitter is currently recruiting engineers to join this subscription team, with employees collaborating closely with the company’s payments team. Shares of Twitter (TWTR) rose 8% Wednesday afternoon following the posting. The job posting notes potential Twitter subscriptions would be “a first” for the company, but it’s not clear exactly how Twitter plans to implement…

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Facebook considering WhatsApp, Messenger Integration

The last year, Zuckerberg said he was planned to merge Facebook, Instagram and WhatsApp in a unique service. So, if you have a Facebook account, you might be able to reach your friends having WhatsApp. News report by WABetaInfo is that Facebook is considering integrating WhatsApp into Facebook Messenger. The report cited developer Alessandro Paluzzi, who found references within Facebook code regarding the integration of these Facebook-owned services. “In particular, Facebook is creating some tables in a local database in order to manage messages and services with other WhatsApp users,”…

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Central Bank of Kenya Declines to cap the free M-Pesa transactions to five

M-Gas Mpesa

Kenya’s leading telco Safaricom has lost the bid to cap free M-Pesa transactions to five. This comes after subscribers split high-value transfers to avoid paying transfer fees, costing it billions of shillings in revenues. The company had petitioned the Central Bank of Kenya (CBK) to cap the number of multiple transactions between two numbers, according to a recent disclosure of conference call transcripts between Safaricom and investors seen by the Business Daily. Safaricom reported that customers were splitting high-value money transfers of as high as Sh60,000 to deals of below…

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Opera’s Opay Pulls Plug on ORide, OCar, Shifts focus to eCommerce & payments

Opera’s Opay Pulls Plug on ORide, OCar, Shifts focus to eCommerce & payments

News earlier in the week broke that Opera-backed Nigerian fintech startup, OPay has reportedly shut down all its business operations in Nigeria following a letter issued by its foreign investors amidst the poor economic climate caused by the COVID-19 pandemic.. A report claims that all verticals of the startup, including ride hailing, ORide and OTrike — which were still active in other states aside Lagos; the recently launched B2B and B2C eCommerce platforms, OMall and OTrade; OExpress for logistics; and food delivery feature, OFood will be closed down. Opay launched…

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YouTube TV sharply hikes subscription to $64.99, adds ViacomCBS channels

YouTube TV sharply hikes subscription to $64.99, adds ViacomCBS channels

YouTube TV has announced a sharp 30pc raise to its monthly price from $50 per month to $64.99 as the company starts to offer eight of ViacomCBS’s channels, which are available today: BET, CMT, Comedy Central, MTV, Nickelodeon, Paramount Network, TV Land, and VH1. The new price takes effect today for any new subscribers while existing customers should see it on their next billing cycle (either on or after July 30th). The $15 increase in price marks the latest price hike for YouTube TV, which was $35 per month when…

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TikTok announces TikTok For Business with branded content and advertising solutions

TikTok announces TikTok For Business with branded content and advertising solutions

TikTok has announced the launch of TikTok For Business, a platform that will provide marketers with a range of branded content and advertising solutions to help them utilise the short-form video app for their brand campaigns. At launch, the site will include access to TikTok ad formats, including its marque product, TopView, which is the ad that appears when you first launch the TikTok app. Other products under this TikTok For Business umbrella include Brand Takeovers, In-Feed Videos, Hashtag Challenges and Branded Effects. TikTok said in a statement, “The magic…

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Digital WhatsApp Payments for SMEs launched, Pilots in Brazil

Digital WhatsApp Payments for SMEs launched, Pilots in Brazil

Facebook has launched its WhatsApp payments service in Brazil, enabling people to send money and make purchases from within the chat app. You use it by linking up your WhatsApp account to your Visa or Mastercard credit or debit card. This now adds Facebook as one of the digital payments and mobile money providers like Mpesa WhatsApp began testing P2P payments in India in 2018 but Brazil, where the messaging service has 120 million users, becomes the first country to get a nationwide rollout. Brazil would be the first to…

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Twitter Launches Voice Tweets for the Human Touch

Jack Dorsey, Twitter's CEO Voice Tweets Gryphon

Twitter has hit the ground with a new feature Wednesday that allows users to tweet out voice tweets or notes in place of traditional text posts. Everyone on the platform will soon be able to send voice tweets, the company announced Wednesday . Users will have to option to share audio recordings of up to 140 seconds directly to their feed to accompany the text, photos, videos, and GIFs they already can share with their followers. The new feature is available first on iOS and launching today for “a limited…

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IBM to cease developing Facial Recognition Technology after #BlackLivesMatter protests

IBM will no longer develop and research facial recognition or analysis software and, on top of that, it will no longer offer the technology for general-purposes. This is part of the company’s mission to advance racial equality in the US after #BlackLivesMatter protests – campaigning against violence and systemic racism towards the black community – were organised all over the world. “IBM firmly opposes and will not condone uses of any technology, including facial recognition technology offered by other vendors, for mass surveillance, racial profiling, violations of basic human rights and…

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Uber Africa launches Uber Cash in partnership with Flutterwave

Uber Africa launches Uber Cash in partnership with Flutterwave

Uber will launch its Uber Cash digital wallet feature in Sub-Saharan Africa in partnership with San Francisco based — Nigerian founded — fintech firm Flutterwave. This will let riders to top up Uber wallets using the dozens of remittance partners active on Flutterwave’s Pan-African network. Flutterwave works as a B2B payments gateway network that allows clients to tap its APIs and customize payments applications. Uber Cash will go live this week and next for Uber’s ride-hail operations in South Africa, Kenya, Nigeria, Uganda and Ghana, Ivory Coast and Tanzania, according…

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