Mark Zuckerberg, the CEO of Meta has projected Instagram’s rival app to Twitter, Threads to hit over one billion users. This came after a Twitter user disclosed the need to have a public conversation app with one billion people on it, stating that Twitter has had the opportunity to meet the target. “There should be …
4 ways Twitter is different from Threads
The newly launched Instagram Threads app projected to reach one billion users by Mark Zuckerberg might face setbacks due to some limitations. “Zuck’s goal is crystal clear. Build a new billion-user platform. Even if it means cannibalizing existing businesses already affected by app platform owners. He needed this. Musk’s goal isn’t clear and full of …
Instagram Threads hits 10m signups in seven hours
Instagram’s rival to Twitter, Threads, has attracted 10 million users within its first seven hours, Mark Zuckerberg has said, in a fresh challenge to Elon Musk. The app, owned by Zuckerberg’s Meta, offers a text-based version of the photo-sharing app Instagram designed for “real-time updates and public conversations”. “Let’s do this. Welcome to Threads,” Zuckerberg …
FCCPC slams AMMBAN’s PoS charge hike
Babatunde Irukera, the executive vice chairman of FCCPC The Federal Competition and Consumer Protection Commission (FCCPC) has taken a firm stance against the recent increase in unified price-fixing on point of sale (PoS) charges imposed by the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) Lagos chapter. Babatunde Irukera, the executive vice chairman …
What to expect from Twitter rival, Threads
Instagram Threads, Twitter’s competitor set to launch on Thursday, July 6, is expected to fill the lapses created by the microblogging platform. Threads will function similarly to Twitter, with text-based posts that can be liked, commented on, and shared, according to examples of screenshots on the App Store listing. With the launch, Meta is seeking …
Bolt targets safety with audio trip recording feature
The update has become necessary due to the increasing case of safety report received in the past months Bolt, Africa’s on-demand mobility platform, is bolstering safety by introducing an audio trip recording feature. This addition allows drivers and riders to record their trips and report safety concerns to Bolt’s Customer Support. Yahaya Mohammed, Country Manager …
Unified Payments appoints Vivian Okolo as Director
Agada Apochi, managing director of Unified Payment Services Limited Unified Payment Services Limited, Nigeria’s financial technology service provider, has announced the appointment of Vivian Okolo as the Director of Corporate Services. Agada Apochi, managing director of Unified Payment Services Limited, said “Okolo brings invaluable experience, rare leadership skills, and strong business acumen to the leadership …
Visa unveils $500,000 women-owned ventures grant at FIFA World Cup
Visa, Worldwide FIFA Women’s Football Partner, announced the first-ever extension of the coveted Visa Player of the Match athlete award to support women-owned small businesses (WSMB) with $500,000 in total grant funding across the 64 matches and potentially 32 qualifying countries. “Visa understands equity requires action and resources. We’re excited to use the world’s biggest …
Musk, Zuckerberg lead $852bn gain among world’s richest people
Tech giants Elon Musk and Mark Zuckerberg have led a total of $852 billion surge in fortune among the 500 richest people in the world in the first half of 2023. The data compiled by Bloomberg shows that Musk, Tesla CEO was a top gainer on the list of Bloomberg billionaires index with an added …
Instagram to release Twitter rival, Threads on Thursday
Instagram is set to unveil its latest offering, Threads, a stand-alone app that aims to bring like-minded individuals together. With its expected launch on July 6, Threads is set to provide a seamless experience by directly porting over users’ existing Instagram followers and following lists, eliminating the need to build a community from scratch. The …