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Apple Says ITunes Movies, Book Services Closed Down in China

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Apple

Apple Inc.’s iTunes Movies and iBooks service were closed down in China last week, less than seven months after they started operations.

Apple wants to restore services “as soon as possible,” the company said in a one paragraph e-mailed statement without providing a timeframe. The closings were ordered by the State Administration of Press, Publication, Radio, Film and Television, the New York Times reported, citing unidentified people familiar with the matter.

In February, the regulator and the Ministry of Industry and Information Technology released new rules governing publication of virtually all types of Internet content in China. The regulations took effect last month.

Greater China, which includes Hong Kong and Taiwan, is Apple’s largest market after the U.S., with the company rolling out new services amid slowing growth for device sales. For the three months ended December, revenue in the region rose 14 percent to $18.4 billion and Chief Executive Officer Tim Cook plans to continue investing despite an economic slowdown.

Apple was the third-largest smartphone vendor in the December quarter with 12.5 percent of shipments, according to researcher Canalys. That trailed Huawei Technologies Co. and Xiaomi Corp., who each had about 15 percent.

Last month, President Xi Jinping said China would accept foreign Internet companies as long as they abide by Chinese laws and regulations.

Bloomberg

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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Telecommunications

Mobile Operators Experienced 16,000 Outages in Seven Months, Says Minister

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Services Tax

The Minister of Communications and Digital Economy, Dr. Isa Ibrahim Pantami has disclosed that there were about 16,000 reported outages by mobile network operators in the country from January 2021 to July 2021.

The outages, according to him, were due to fibre cuts, access denial and theft, leading to service disruption in the affected areas.

The Minister who disclosed this in Maiduguri, during a recent town hall meeting, where he addressed the vandalism of power and telecommunications infrastructure, noted that the protection of the critical infrastructural facility was key to the nation’s security, economic vitality, public health and safety.

The event, which was organised by the Ministry of Information and Culture, was attended by Governor Babagana Zulum of Borno State, his Deputy, Mr. Usman Kadafur, and other stakeholders. The Minister of Information and Culture, Alhaji Lai Mohammed, led some other ministers who were panellists at the town hall meeting.

Pantami, who was represented by the Commissioner for Technical Services, Nigerian Communications Commission (NCC), Mr. Ubale Maska, decried the situation where telecoms installations that were destroyed in the attacks by terrorists had not been replaced as a result of the lingering insecurity and tensions in parts of the North-east.

As a way forward, the minister recommended continuous stakeholders buying-in and synergy among security forces.
He also urged the National Assembly to expedite the passage of the Critical Infrastructure Protection Bill for onward submission to the President for assent.

Pantami, also said the Fifth Generation (5G) network, that was recently approved by the Federal Executive Council, would be deployed in Nigeria in January 2022. He said when deployed, it would aid the surveillance of public assets against vandalism.

He said while the technology would boost surveillance against criminal elements vandalising public infrastructure across the country, other measures should be put in place to arrest them and bring them to book.

The minister disclosed that there were over 50,000 telecommunication sites across the country, which made it difficult to manage manually except through the deployment of modern technology.

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Nigerian Energy Startup Secures $2M Investment From Shell-Owned Fund

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Nigerian startup Infibranches Technologies, which helps solar energy providers manage their operations and receive payments, has secured US$2 million funding from All On, an impact investment company backed by oil major Shell.

Founded in 2019, the Lagos-based Infibranches has developed two flagship products – OmniBranches and Green Energy Plug – that help companies with large distribution networks, particularly solar home system distributors and mini-grid developers, manage their operations.

OmniBranches is a management platform with features that include agent hierarchy management, commission tracking, transaction records, transaction analytics, and profile management, while Green Energy Plug is a single point of integration for payments and other financial services for service providers in the Nigerian renewable energy sector.

So far the company has served over one million customers and processed over US$120 million in transactions, and the US$2 million All On investment will be used to support the next stage of its growth by financing inventory, agent acquisition, and product and technology development, as well as providing working capital for Infibranches’ plans to distribute solar home systems for households and commercial users across Nigeria, with a special focus in the Niger Delta.

“Through this investment, Infibranches plans to speed up customer acquisition in its current markets. This will also improve existing products like Omnibranches, which has served over a million customers and introduce new products and services to address energy distribution issues,” said chief executive officer (CEO) Olusola Owoyemi.

Dr Wiebe Boer, chief executive of All On, commended Infibrances for its innovative business model that solves payments and collections problems solar system distributors and mini-grid developers face across Nigeria.

“This partnership merges fintech and renewables in a way we haven’t seen in Nigeria before and will enable tens of thousands of new electricity connections,” he said.

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Verve Partners NIMC to Improve National Identity Management System

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Positioned as a torchbearer for inclusive digitization, Africa’s leading payment cards & token business, Verve has thrown its support behind the Federal Government’s efforts to create a robust digitization framework for comprehensive identity management for Nigerians.

The Nigerian government ramped up its digital identity management campaign to ensure a proper and foolproof identification system, as obtained in most countries across the globe.

In 2019, the Federal Government of Nigeria, through the National Identity Management Commission (NIMC) joined the coalition calling for the recognition of September 16 as International Identity Day to further consolidate its target of a comprehensive digital identity management system.

Verve, on its part as a leading card & digital payment scheme in Africa and a champion of digitized identity management solutions, has lent its support to this national undertaking of strategic importance.

According to the NIMC, the digital identity ecosystem includes players in both the private and public sectors to improve the commission’s reach across the nation. Players in the sectors include qualified private vendors who will provide data collection services and issue National Identification Number (NIN) under the National Identity Management System (NIMS) programme.

The commission seeks to enroll all Nigerians and legal residents in a centralized identity database, with the aim of creating an authentication channel that would foster seamless and safe local and foreign transactions.

Verve, as a provider of safe and seamless payment solutions, through its technology framework possesses the expertise and capacity to provide contemporary digitized identification solutions. This positions Verve as a suitable partner in the ongoing public identity digitization drive, providing structures that will advance the goals of the NIMC.

Marking this year’s National Identity Day at the Presidential Villa in Abuja, the Divisional Chief Executive Officer (DCEO) for Payment Cards and Digital Tokens, Interswitch Group, Vincent Ogbunude, restated the firm’s commitment towards supporting a digital ecosystem in tandem with the aims of the Federal Ministry of Communication and Digital Economy.

Ogbunude said, “Verve is proud to be supporting the federal government on this project. This partnership underpins our commitment and investment to grow the digital identity management system in Nigeria. At Interswitch we understand the critical place for identity, indeed we believe that a person’s identity is a fundamental human right that should not be trifled with.”

Emphasizing the importance of having an identity management database for Nigeria, Africa’s most populous country and the 7th most populous nation in the world, the Minister of Communication and Digital Economy, Isa Pantami, said that a comprehensive identity database was important in identifying the total number of residents in the country.

He also noted that a digitized identity management system would aid the government in crafting a proper national budget to better cater to the needs of Nigerians.

The minister pointed out that the digital national identification exercise would serve as a convenient substitute for frequent census exercises, “if the database is updated”.

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