Global Consumer Internet of Things (CIoT) Market to hit USD 143.5 Billion By 2025

Internet of things
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New York, NY, Feb. 26, 2019 (GLOBE NEWSWIRE) — Zion Market Research has published a new report titled “Consumer Internet of Things (CIoT) Market by Node Component (Sensor, Logic Device, Processor, Connectivity IC, and Memory Device), by Network Infrastructure (Storage, Gateway, Ethernet Switch and Routing, and Server), by Solution (Software and Platform), and by Application (Home Security and Smart Domestic, Wearable Technology, Personal Healthcare, Asset Tracking, Smart Office, Smart Homes, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025’’. According to the report, the global consumer internet of things (CIoT)…

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Mobile App ‘State of Mobile 2019 Report’

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Global app store consumer spend reached $101 billion in 2018, up 75 percent from 2016. This figure is expected to exceed $120 billion in 2019, according to mobile data and analytics provider App Annie. The company released its annual The State of Mobile in 2019 Report — a comprehensive guide for businesses looking at mobile. Screenshot from App Annie 2019 Annual State of Mobile Report China accounted for nearly 40 percent of total consumer spend in 2018. Globally, on a category level, games accounted for 74 percent of consumer spend…

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Andela Secures $100M Series D Funding to Build Distributed Eng. Teams and Power its work

Zuckerberg
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Andela the company building distributed engineering teams with Africa’s top software developers, today announced the completion of a $100M Series D funding. The round was led by Generation Investment Management with participation from existing investors including Chan Zuckerberg Initiative, GV, Spark Capital, and CRE Venture Capital. The most recent financing brings Andela’s total venture funding to $180M. Andela was founded in 2014 to connect Africa’s engineering talent with the demand for software developers worldwide. With the Series D funding, Andela will accelerate the development of its technology platform to identify,…

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Pesapal starts Payment processing for low cost Kenyan Airlines

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Pesapal has this year started processing payments for low cost carriers in Kenya. Jetways Airlines, Silverstone Air and Skyward Express will from now on use Pesapal’s integrated payment system to process Mpesa, Visa, mVisa, MasterCard and American Express payments on their respective websites. This not only gives travellers the freedom to pay conveniently for their flights but also makes it easier for airlines to track payments and traveller flight information. These airlines join African Express Airways in Kenya and Eagle Air in Uganda showing Pesapal’s growth as a payment processor…

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Older users over 65 yrs shared more fake news, New York and Princeton Universities researchers reveal

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According to a new analysis by researchers at New York and Princeton Universities. Older users shared more fake news than younger ones regardless of education, sex, race, income, or how many links they shared. In fact, age predicted their behavior better than any other characteristic — including party affiliation. Today’s study, published in Science Advances, examined user behavior in the months before and after the 2016 US presidential election. In early 2016, the academics started working with research firm YouGov to assemble a panel of 3,500 people, which included both…

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Wearable device sales to hit $42 billion in 2019 says Gartner

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Gartner, Inc. forecasts that worldwide shipments of wearable devices will reach 225 million in 2019, an increase of 25.8 percent from 2018. End-user spending on wearable devices is forecast to reach $42 billion in 2019. Of that, $16.2 billion will be on smartwatches. “At the moment, the smartwatch market is bolstered by the relatively stable and higher average selling price (ASP) of the Apple Watch,” said Alan Antin. senior director at Gartner. “But the overall ASP of smartwatches is expected to slowly decline from $221.99 in 2018 to $210 in…

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Apple to stop reporting how many iPhones, iPads and Macs it sells each quarter

Apple
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Apple said Thursday it plans to stop reporting how many iPhones, iPads and Macs it sells each quarter, in what could be a nod to flatlining growth in some of these product lines. Apple will continue to report revenue for these categories. The move was just one of the concerning announcements Apple made Thursday. The company also said it expects sales in the all-important holiday quarter to be between $89 billion and $93 billion, skewing short of analyst estimates. At the low end of that range, Apple’s holiday sales would…

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Rogue Move? Facebook to start flooding WhatsApp with Ads in 2019

WhatsApp launches end-to-end encryption on messages for all its users
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WhatsApp has been free, but soon users can expect a significant change in their experience of WhatsApp. The Android and iOS chat app, originally released in 2009, will start to embed paid-for content in the app’s Status feature from 2019. The Status feature is similar to Stories on Instagram and Facebook, letting users upload Snapchat-style pics and videos that can be viewed for 24 hours. Facebook wants to interrupt some of these Statuses with short ads, although details are light. WhatsApp’s co-founders were famously against ads, and supportive of encrypted…

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Instagram Is Down Worldwide, Users Unable To Log In

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Instagram seems to be down for a lot of users worldwide. Its website and app both are inaccessible at the momentum.  More than 1,000 people worldwide have reported problems with the Facebook-owned platform early on Wednesday morning. Attempts to log in on a desktop browser are producing a blank page with the message: ‘5xx Server Error’. On the mobile app users are being told that their feed cannot be refreshed. Frustrated users expressing dissatisfaction on Twitter suggested the Instagram outage stretched across the globe with the app not working in…

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Benin Govt abandon social media tax decree after protests

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After 10 days of mobilisation with more than 500 000 people being affected by the social media tax, the government in Benin have decided to cancel the tax. The government passed the decree in late  August taxing its citizens for accessing the internet and social media apps reports Mail & Guardian. It taxed the use of Over The Top services like Facebook, WhatsApp and Twitter. Mylène Flicka, an Beninese activist, working on IRAWO, a digital media platform spoke to The Daily Vox about the decree and the cancellation of the…

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