WorldRemit joins mobile money provider Paga to allow direct pay to 11 million Nigerian accounts

International cash transfer company WorldRemit signed an agreement with mobile money provider Paga to allow direct payments to 11 million additional accounts in Nigeria. In a statement the global remittance company said the move “considerably grows” its footprint in the country, which opened new channels to its users in more than 50 countries transferring money to citizens in Nigeria. According to figures cited by WorldRemit, Paga is the country’s widest-reaching mobile money company with more than 14,000 agents present across 36 states. Approximately $26 billion was transferred into Nigeria during…

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WhatsApp to roll out a feature to block others from adding you to groups

In a very much welcomed move, Facebook-owned WhatsApp has announced that it will roll out a feature in the coming weeks that gives users much more control over group chats in the app. The company will soon add a new privacy tool to the app that allows a user to block anyone from adding them to a group chat. The feature comes as concerns have mounted over the past few years that WhatsApp group chats are being used to spread fake news and disinformation. Under the new controls, a user…

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

Internet of things

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’

Nigeria proposes law to tax local online purchases

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

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

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

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

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

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

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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