Preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker has shown that Worldwide smartphone shipments declined 18,3% year over year to 300.3 million units in the fourth quarter of 2022 (4Q22). The report described the drop as the largest-ever decline in a single quarter and contributed to a steep 11,3% decline for the year. It pointed to the fact that 2022 ended with shipments of 1,21 billion units, which represents the lowest annual shipment total since 2013 due to significantly dampened consumer demand, inflation, and economic uncertainties. This tough close to the year puts the 2,8%…
Author: DigitalTimesNG
After an hour of the reported disruption, Microsoft has recovered all of its cloud services
SAP on Thursday said it plans to cut 3,000 jobs or 2.5% of its global staff, and to explore a sale of its remaining stake in Qualtrics to focus on strategic growth areas and operate more efficiently. With the planned job cuts, SAP joins other big tech companies including Microsoft and Amazon in turning to layoffs to cut costs, according to a report by Reuters. SAP reported a 30% revenue increase in its cloud business in the fourth quarter, helped by strong demand for its HANA software. Analysts are worried that the lucrative cloud segment for big tech companies could…
Meta said the suspensions of Donald Trump’s accounts would be lifted “in the coming weeks,” with measures in place to discourage repeat offenses. Twitter reinstated Mr. Trump last year.
Insights from the Cinema Exhibitors Association of Nigeria show that Nigeria’s movie production company, Nollywood, grossed over N800,000,000 (eight hundred million Naira) from theatre releases in 2022. Only a few decades ago, the industry was not as lucrative as it is today, due to factors like poor production output, and piracy. However, technological intervention in the production process has made Nollywood movies more appealing to a global audience. As such, through improved movie distribution channels, viewers can now access Nigerian movies in cinemas as well as on international movie streaming platforms like Netflix, Amazon Prime, and Showmax. Cinematographer, Chuks Oteke,…
The National Information Technology Development Agency (NITDA) said it is providing Nigerian youths with the necessary support to build the required digital skills and viable tech businesses to significantly contribute to job creation and economic prosperity for the country through the Technology Innovation and Entrepreneurship Support (TIES) Scheme. The State tech development agency also stated that it is harnessing the innovative talent of the nation’s youths through the TIES Scheme in furtherance of the delivery of the President Muhammadu Buhari administration’s ambitious policy of uplifting 100 million Nigerians out of poverty. Towards this end, the Director General/CEO of NITDA, Kashifu…
January is renowned for being a month of extremely slow days, mounting bills and a long, grinding wait for payday. This is often the case for folks in paid employment. However, the difficulties that traditionally accompany the month of January impact entrepreneurs or those in business as well. Usually, discretionary or disposable income is often limited and tightly guarded, with many potential customers trying to wade through to the end of the month after the customary lavish spending that trailed the previous year-end festivities. With the current fuel scarcity plaguing most parts of Nigeria burning deeper holes in the pockets…
Nigeria will on Saturday 28th of January 2023 join the international community to observe Global Data Privacy Day 2023, according to a release signed by Babatunde Bamigboye, Head, Legal Enforcement and Regulations of the Nigeria Data Protection Bureau (NDPB). It is a Day that has been set aside to create awareness of fundamental rights and freedoms relating to the privacy of citizens in the data processing ecosystem. In line with the overarching global objective of awareness on data privacy, the Nigeria Data Protection Bureau (NDPB), will be organizing a National Privacy Week. The National Privacy Week is a week of…
Microsoft said it will stop selling Windows 10 Home & Pro from January 31, 2023, as the last day the operating system can be downloaded for purchase. Security updates, which help protect computers from viruses, spyware, and other malicious software, will continue to be available for Windows 10 until October 14, 2025. In June 2021 Microsoft said it would cease to support Windows 10 in 2025, a decade after the operating system launched in 2015. After a drip feed rollout that started in 2021, Microsoft moved into its full-scale deployment of Windows 11 to everyone with a compatible computer in…
Researchers in Kaspersky, a cybersecurity firm, have uncovered a new spam campaign spreading through direct messages on Twitter and stealing the cryptocurrency of affected users. The researchers found out that users are asked for help to withdraw hundreds of thousands of dollars from the crypto account of a stranger on Twitter. However, to help the stranger, victims are encouraged to create and pay for a VIP account on the scam domain, leading them to lose their coins. Twitter is one of the most popular social networks in the world, with nearly 400 million active monthly users. Numerous users, who have…