PiggyVest, formerly known as Piggybank.ng, is an online savings and investment platform with its company’s headquarters in Lagos, Nigeria. The platform offers automated savings, target savings, dollar savings, etc. According to their official website, they currently boast of over 4,000,000 customers. As seen on X, Odunayo Eweniyi, Co-founder of the 7-year-old company, announced that the…
WhatsApp Launches App for Mac OS
WhatsApp has released its new application for Mac users. This new addition to the instant messaging applications list of product offerings would also enable users make group calls from their Mac devices (laptop and desktop), with the ability to connect with up to 8 people on video calls and 32 people on audio calls. As…
Japan: Toyota Suspends Assembly Operations
The Toyota assembly plants in Japan account for one third of the vehicle manufacturers global production, and recent reports claim that all 14 stations have suspended operations due to an undisclosed issue in its manufacturing process. This one-day suspension could possibly result in the output loss of over 10,000 vehicles, as witnessed in previous years….
OpenAI Introduces ChatGPT Enterprise
ChatGPT is OpenAI’s conversational artificial intelligence (AI) chatbot that has the ability to generate responses to a variety of topics in a human-like format. The responses are pre-trained with data from the internet and while they can be accurate, the machine still needs to be fact checked. As announced by OpenAI, ChatGPT Enterprise has been…
XPeng: $744 Million Partnership with DiDi
DiDi Chuxing Technology, also referred to as DiDi, is a transportation company that offers ride sharing services, including private car renting, bike sharing, electric vehicle (EV) charging, vehicle co-manufacturing. The company offers majority of these services through its mobile application, were it boasts of over 500 million users, with its headquarters in Beijing, China. According…
WhatsApp Launches HD Media
WhatsApp, the instant messaging platform, has released High-Definition (HD) image and video options to enable users send clearer versions of their media. Users now have the option to select the HD quality version of their picture before sending to their contact(s). The HD media is larger and would take longer to send, as seen in…
T-Mobile to Layoff 5,000
T-Mobile is a wireless network operator (mobile and cellular network provider) and telecommunications company with its headquarters in Kansas, and Washington, USA. The company was founded in 1994 as VoiceStream Wireless, and its major products are mobile telephone services and wireless broadband (internet access). According to CNN, T-Mobile has announced a workforce reduction impacting 5,000…
LemFi Raises $33 Million to Foster Remittance
LemFi is a financial technology product registered under Lemonade Technology Limited in Canada. The fintech product is regularized by the Financial Transactions and Report Analysis Centre of Canada as a Money Service Business. They aid simple international money transfer through a mobile application and boast of over 500,000 customers. As announced by LemFi’s Co-founder Ridwan,…
India: Ather Energy’s EV Boom
Ather Energy is an electric scooter manufacturer that was founded in 2013 (10 years ago) with its headquarters in Karnataka, India. The private company is one of India’s largest electric two-wheeler manufacturers, and its portfolio of scooters include the Ather 450S, Ather 450X and Ather 450X Pro. As reported by CNN, Ather Energy’s CEO confirmed…
Getir Cuts 2,500 Jobs
Getir is an on-demand grocery and food delivery company founded in 2015 and headquartered in Istanbul, Turkey. In 2022, the company announced a funding round of $768 million USD, that saw its valuation hit approximately $12 billion USD. Some of the regions being served by the delivery company include Turkey, Netherland, Germany, United Kingdom, and…