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Google News Initiative Opens Projects’ Application For Innovation Challenge Across Middle East, Turkey, Africa

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Google News Initiative, GNI has called for applications for its 2022 Innovation Challenge edition for the Middle East, Turkey and Africa.

GNI made the call on its official website whereby applicants would register through.

Investors King reports that the GNI Innovation Challenge is a global programme that empowers news organizations from around the world to demonstrate new thinking in digital journalism.

Innovative projects are to be submitted by applicants and incorporated news organisations based in eligible countries of the Middle East, Turkey and Africa. 

Meanwhile, interested unincorporated organisations must be registered in the aforementioned regions or, if unregistered, have their principal place of business there.

Investors King gathered that the application window which opened on 22 February 22, 2022 will close on Tuesday, April 5, 2022 at 23:59 GMT. 

Google News Initiative noted that only online applications in English or French languages will be considered.

Further application requirements for the GNI innovation challenge include: provision of descriptions, budget information by applicants and a slidedeck via GNI online application form. 

“All ideas are welcome but we require all projects to have clear indicators showing the potential impact of the project from a user perspective and/or from a business perspective. Selected projects will also need to be delivered within one year.

“We encourage innovative projects focused on, but not limited to these areas: Ways to increase reader engagement and/or reader revenue; Developing and diversifying business models; New methods of distribution; Combating misinformation; Increasing trust in journalism; Reaching new audiences; Improving the efficiency of workflows and Exploring new technologies.

“We encourage applicants to clearly underline the potential opportunities of the project by providing clear indicators (eg: audience metrics, subscriptions growth or financial expected impact etc),” the application guidelines read.

However, innovation, impact on the news ecosystem, feasibility, diversity and inspiration were listed as the five main criterias to be used for the evaluation of the submitted projects.

Details on the project funding states that, “Google will fund up to $150,000 for the selected projects. Out of the total project budget, Google will finance up to 70% while the remaining at least 30% must be provided by the applicant. The self-funded portion may include operational costs. 

“Eligible expenses include personnel costs, engineering costs and the purchase or licensing of any equipment, tools, hardware, software and other assets or materials needed for the project. Marketing expenses should not exceed 20% of the total amount of Google funding requested. Editorial expenses are not part of the eligible costs and will not be covered. Funding may not be spent on general and overhead costs.”

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NNPC Helicopter Incident: Three Bodies Found as Rescue Missions Continue

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The Nigerian National Petroleum Corporation (NNPC) announced on Thursday that a helicopter en route to the NNPC FPSO, NUIMS Antan, had disappeared.

According to the NNPC, the helicopter with registration number 5NBQG took off from the NAF base in Port Harcourt at around 11:22 am before losing contact after departure.

The helicopter operated by East Winds Aviation was carrying eight people, six passengers and two crew members.

On Thursday, the NNPC confirmed the loss of communication with the aircraft, adding that the Ministry of Aviation had been informed immediately and a search and rescue team dispatched to the area.

Olufemi Soneye, Chief Corporate Communications Officer for NNPC explained that the organization is committed to the ongoing rescue efforts and extended heartfelt prayers to the families of the victims.

In the press statement posted on its official X @nnpclimited, NNPC said three bodies have been recovered while the search continues to know the fate of the remaining five individuals on board.

As families await further news, the nation remains hopeful that more survivors can be found. The NNPC has assured the public that it will provide regular updates as the search progresses.

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Meta Fires Employees For Using Office Free Meal Vouchers to Buy Household Items

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The parent company of Facebook, Instagram, and WhatsApp, Meta, has allegedly relieved about 24 staff members at its Los Angeles office of their jobs.

The affected staff were accused of using their $25 (£19) meal credits to buy items such as toothpaste, laundry detergent, acne pad and wine glasses.

It was gathered that the dismissals followed an investigation that revealed the employees had been exploiting the system, including sending food home when they were not physically present at the office.

One of the terminated employees was an unnamed worker earning a $400,000 salary.

Another sacked employee anonymously shared on the messaging platform Blind, explaining how she and her colleagues maximized their dinner credits to buy other necessities when they could get food elsewhere.

The breach was discovered as part of the human resources procedure even though one of the workers admitted to it.

According to reports, employees who occasionally bent the rules received warnings but retained their positions.

Free meals have long been a benefit for employees of major tech firms like Meta, founded by Mark Zuckerberg.

Typically, staff at larger offices, including Meta’s Silicon Valley headquarters, enjoy complimentary meals from on-site canteens.

Employees at smaller locations receive daily food credits, redeemable through delivery services like UberEats and Grubhub, with allowances of $20 for breakfast, $25 for lunch and $25 for dinner.

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Flour Mills of Nigeria to Invest $1 Billion in Expansion and Restructuring Over Four Years

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flour mills posts 184% increase in PAT

Flour Mills of Nigeria Plc, a Nigerian diversified agribusiness company, has announced plans to invest $1 billion over the next four years to expand its facilities and restructure the company.

Chairman John Coumantaros, in an interview on Tuesday, said the new funding is about “doubling down on investment in Nigeria.”

This investment will further support President Tinubu’s reform efforts at a time when companies like Diageo Plc and Unilever Plc are exiting or reducing their exposure to the West African nation.

Since coming to power in May 2023, President Tinubu has introduced a series of reforms from allowing the naira to free float to fuel subsidy removal to make the country more attractive to investors and steer it away from fiscal collapse.

According to Coumantaros, $500 million of the total investment will go into its sugar operations in Niger state to boost production from the current 100,000 tons to over 400,000 tons a year.

An additional $100 million will be allocated to a cassava-processing factory to end imports of starch from the tuber and expand its breakfast cereal offerings.

The 64-year-old company will also undergo reorganization following an offer from Excelsior Shipping Company Ltd. last month to buy out minority shareholders at 70 naira per share.

The company plans to restructure its more than 22 units into five individual companies, Coumantaros said.

“We want to be able to attract technical and financial partners to help us grow our sugar operations and food business. We have a lot of ambitious plans for investment and expansion.”

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