Paystack is a financial technology company that specializes in payment processing services for businesses. The company was founded in 2015 with its headquarters in Lagos, Nigeria. In 2016, the company raised about $1.3 million USD and a follow up $8 million USD in 2018. Stripe, a multinational financial services corporation dual-headquartered in Dublin and California,…
Amazon Games to Layoff 180
Amazon Games is a video game development and publishing company that was founded in 2012 as a division of the Amazon corporation. The company’s portfolio consists of games like New World, Lost Ark, etc., and its development studios span across San Diego, USA and Montreal, Quebec. Amazon Games is headquartered in Washington, USA. According to…
Hyundai: $1.5 Billion South Korea EV Plant
Hyundai Motor Company recently held an event in its South Korea complex in Ulsan, where it unveiled plans to build a new electric vehicle (EV) manufacturing plant that would cover about 548,000 m2. The event venue was particularly important as it was the company’s first major manufacturing facility that was established over 50 years ago….
Nepal to ban TikTok
The Federal Democratic Republic of Nepal, commonly referred to as Nepal, is a landlocked country in South Asia. It shares borders with the Tibet Autonomous Region of China to the north and India to the south, east, and west. Boasting of an estimated population of 30.6 million residents as of 2022. According to recent reports,…
Indonesia: $108 Million Floating Solar Plants
PT PLN Nusantara Power is a state-owned power generation company that provides engineering, procurement, and construction services, power plant investments, and power plant operations etc. The company was founded in 1995 with its headquarters in Surabaya, Indonesia. The President of Indonesia recently announced the launch of a 192 megawatt floating solar plant that was designed and…
Huawei Launches Luxeed S7 EV
Huawei Technologies is a multinational technology corporation that specializes in the development and manufacture of telecommunication equipment, mobile and broadband networks, smartphones, automobiles, and solar products etc. The company was founded in 1987 with its headquarters in Shenzhen, China. According to recent reports, Huawei has announced its new electric vehicle, Luxeed S7, a sedan manufactured…
Tesla Welcomes Lucid to EV Superchargers
Lucid Group or Lucid Motors, also known as Lucid, is an electric vehicle automotive company that specializes in manufacturing luxury sports cars and performance vehicles. Founded in 2007, Lucid vehicles are primarily built in Arizona with the company’s headquarters located in California, USA. According to recent reports, Lucid has announced that it will adopt Tesla’s…
Cruise Recalls 950 Vehicles
Cruise LLC is a self driving vehicle company that develops autonomous car technology. The company was founded in 2013, with its headquarters in California, USA. Cruise became a subsidiary of General Motors after an acquisition deal in March 2016. According to recent reports, Cruise has issued a recall to all 950 of its self driving…
Mega Beast: All-electric School Bus
GreenPower Motor Company is an electric bus manufacturer with its headquarters in Vancouver, British Columbia. The company was founded in 2010 and serves the North American region, with an assembly facility in California, USA. Mega Beast is the company’s new all-electric school bus that is supposedly able to cover 300 miles on a single charge….
xAI Launches Grok
In July 2023 Elon launched an AI company x.ai. On November 5 2023, the company announced a conversational artificial intelligent chat bot, Grok, a direct ChatGPT rival. The bot will provide witty responses using data from the X API and boasts of having access to real time data and information unlike the limited ChatGPT free…