0

BAIDU JUST GAVE ITS SUFFERING SHAREHOLDERS A LITTLE BIT OF HOPE

Baidu has had an abysmal year. But investors aren’t ready to write off the company just yet. The Chinese search giant reported that net profit dropped a whopping 62% in the most recent [...]

0

CEREBRAS REVEALS WORLD’S ‘LARGEST COMPUTER CHIP’ FOR AI TASKS

A Californian-based start-up has unveiled what it says is the world’s largest computer chip. The Wafer Scale Engine, designed by Cerebras Systems, is slightly bigger than a standard iPad. [...]

0

NON-OIL IMPORTS SURPASS EXPORTS BY 463%

The first quarter trade statistics have shown that Nigeria’s non-oil imports by sea surpassed exports by over 463 per cent. This is despite government’s efforts in the last four years to [...]

0

STOCK INVESTORS LOSE N186BN IN THREE DAYS

Investors in the nation’s equity market lost a total of N186bn in the three trading days witnessed last week. It was a brief trading week as the market opened for three days in observance of the [...]

0

APPLE’S ‘VERY COMPELLING’ ARGUMENT AGAINST TARIFFS

President Donald Trump says that Apple CEO Tim Cook has made a “very compelling argument” that new tariffs would harm the US Tech giant’s ability to compete with its top rival. [...]

0

TEXAS GOVERNMENT ORGANISATIONS HIT BY RANSOMWARE ATTACK

Hackers have infected 23 organisations connected to local government in the US state of Texas with ransomware. Officials indicated the attack over the weekend was co-ordinated. The Texas [...]

0

CBN AUCTIONS N184BN T-BILLS IN TWO DAYS

The Central Bank of Nigeria has auctioned a total of N184bn worth of Treasury bills in two consecutive days. The CBN, upon resumption from the Sallah break on Wednesday, conducted a Primary [...]

0

NIGERIA FACES THREAT FROM GLOBAL ECONOMIC CRISIS

Prolonged trade war between the US and China has sent distress signals to the stock markets in Europe, Japan and America. Economists have observed that since Nigeria’s economy still relies [...]

0

OIL PRICES FALL AGAIN ON RECESSION FEARS

Crude oil prices tumbled further in early trading on Thursday, after a brief stabilisation overnight crumbled under a new wave of recession fears. The international oil benchmark, Brent crude, [...]

0

LONDON MAYOR QUIZZES KING’S CROSS DEVELOPER ON FACIAL RECOGNITION

Mayor of London Sadiq Khan has written to the King’s Cross central development asking for reassurance its use of facial-recognition technology is legal. Argent, the developer of the 67-acre [...]

page 1 of 4