- Intel Targets 5G Infrastructure
Intel has set its sights on gains in the 5G infrastructure market, announcing a new system on chip (SoC) designed specifically for next generation mobile base stations.
During a briefing with journalists, the EVP of Intel’s Data Center Group, Navin Shenoy, said: “Computing is really what 5G is all about. There are new use cases 5G will enable that require computing to move closer to the edge, and no one is suited better than Intel to address these opportunities.”
The new chip, codenamed Snow Ridge, will be manufactured using Intel’s 10nm process. An early iteration of the silicon demonstrated at the briefing revealed it will offer 100Gb/s data rates and be able to serve multiple applications simultaneously, with the ability to prioritise data traffic for latency-sensitive applications.
With the new chip, Intel said it’s aiming to grow its market share in wireless base stations to more than 40 per cent by 2022, up from zero in 2014.
Snow Ridge is expected to become available in the second half of 2019. However, the chip was just one of many announced by Intel.
Among other things, the company also previewed its new Lakeview CPU architecture; teased the release of its ninth generation core processors for mobile PCs in Q2; and unveiled a new artificial intelligence chip designed to tackle inference workloads including image recognition and classification.
African Startup uLesson Raises $15m, with Support from Tencent and Nielsen Ventures
Two-year old edtech startup uLesson, founded by a Nigerian, announced that it has now closed a $15 million Series B round.
Edtech startup companies benefited greatly from the pandemic’s disruption, pulling huge amounts of money from investors worldwide and it felt like African startups were left out. However, the announcement of uLesson shows that this is not the case any longer.
The investment comes almost a year after uLesson closed a $7.5 million in Series A round. and was completed by five different investors, and they are; Tencent, TLcom Capital, Founder Collective, Nielsen Ventures and already existing investors Owl Ventures. The investment is also the largest announced investment in an African edtech startup.
uLesson was founded by Nigerian Sim Shagaya in 2019, and it came into the market when the pandemic ravaged the world last year. Being a young company, uLesson had to keep switching business models in a bid to determine what would be best for a very tough African market.
At its launch, uLesson started by providing a product pack of SD cards and dongles which had pre-recorded videos for K-12 students. They can access lessons either via streaming or through using SD cards to download and save the lesson content.
However, uLesson has introduced some new features for a comprehensive edtech play for the demographic. It added quizzes, as well as a homework help feature that would assist students in connecting to tutors from other universities.
It also started a live class feature, which consists of polls and leaderboards as well as a live experience of DevKids, a coding class that is separate from the core uLesson platform. DevKids has however been rolled back, with Shagaya stating that plans were being made to introduce the feature – which was initially an experiment in teaching kids how to code and at a point raked in about 30% of the company’s total revenue – sometime in January next year.
Alexa, Global Web Traffic Analytic Company to Shut Down in May, 2022
Alexa, Amazon.com owned web traffic and analytic company, on Wednesday announced it was shutting down operations after 25 years of helping businesses grow and expand their reach.
The company disclosed this in a statement published on its website.
Alexa will officially shut down on May 1, 2022. Therefore, businesses are advised to export their data between now and May 1, 2022.
However, current paying subscribers will continue to enjoy Alexa service up until May 2022.
The statement reads: “We will be retiring Alexa.com on May 1, 2022
“Twenty-five years ago, we founded Alexa Internet. After two decades of helping you find, reach, and convert your digital audience, we’ve made the difficult decision to retire Alexa.com on May 1, 2022. Thank you for making us your go-to resource for content research, competitive analysis, keyword research, and so much more.
“We have been proud to serve you as customers.”
Alexa FAQ For Subscribers
How do I export data from Alexa.com?
- We offer several data exports. Please see this FAQ for more information: How can I export Alexa’s data?
Can I buy a new subscription?
- No, Alexa.com stopped offering new subscriptions on December 8, 2021 UTC. Customers with existing subscriptions will continue to have access to their subscriptions until May 1, 2022 UTC.
What will happen to my existing subscription?
- Existing subscriptions will remain active until May 1, 2022 UTC. After that, customers will no longer have access to Alexa.com.
Will I be charged for my existing subscription?
- Yes, the last subscription billing date will be prior to April 1, 2022 UTC. Customers will continue to have access to Alexa.com until May 1, 2022 UTC.
Can I delete my Alexa.com account?
- Yes, please refer to How do I delete my Alexa.com account?
Nigeria’s Bento Expands Further into Africa
Nigeria’s digital payroll and human resource management platform, Bento is expanding into other African countries like Ghana, Kenya and Rwanda while maintaining plans to start operations in six other markets in Africa within the next one year.
For the next expansion phase, Bento is targeting Egypt, South Africa, Uganda, Tanzania, Angola and Ethiopia for further expansion by the end of next year.
Bento is accessing the payroll and Human Resource management market in Africa that has usually relied on laborious analogue processes to distribute payment. The start-up, which was founded in 2019, is assisting businesses to automate the payment of their salaries and other statutory remittances, which include taxes and pensions.
The co-founder and CEO of Bento, Ebun Okubanjo lamented about other companies making use of the analogue processes to manage their workforce, citing it as frustrating but exciting for Bento. Okubanjo stated that employers do not have access to customised, world-class payroll and HRM (Human Resource Management) tools, and the employees cannot access third-party tools to make their lives easier. Okubanjo then said that the company is building the operating system that will have a solid impact on the African continent even for the generations to come.
Bento stated that its platform is leveraging data to expand credit solutions to third parties (or employees) and other services such as unemployment insurance, investments and savings.
The start-up’s main credit engine which was built in partnership with Tarya of Israel, makes sure of the payment of instant loans. In Nigeria, Bento currently serves more than 900 businesses, including healthcare and financial service companies like Hygeia and Tangerine Africa, and Y Combinator-supported start-ups Paystack, Kobo360, Branch and LORI Systems.
The second co-founder and COO of Bento, Chidozie David Okonkwo said that the company is starting off with payroll and HRM, but also moving very quickly towards Salary 2.0 where the company will “redefine the intersection of work and life and transform how people earn, spend and borrow money on the continent.”
Cryptocurrency4 weeks ago
Cryptocurrency Ban: Banks Close Accounts Link to Cryptocurrency Traders in Nigeria
Cryptocurrency3 weeks ago
Shiba Inu Update: Bricks Buster and AMC To Support SHIB Army
News3 weeks ago
Npower News: October Payment to be Made After Correction of Lapses
Banking Sector3 weeks ago
GTBank Raises International Spending Limit to $200 Per Month
Government4 weeks ago
Federal Government Raises Price of Electric Meters
News2 weeks ago
Npower News: Why Volunteers Have Not Been Paid
News2 weeks ago
Npower Batch C: Payment Status Now Pending
Finance4 weeks ago
Tony Elumelu Launches Gen-U Sahel Alongside Daughter, Oge Elumelu