Twitter’s owner Elon Musk and its new CEO Linda Yaccarino said Sunday that the social media network would ditch its bird logo, be rebranded with the name X and move quickly into payments, banking and commerce. Founded in 2006, Twitter takes its name from the sound of birds chattering, and it has used avian branding since its early days, when …

Nigeria is on the verge of mass-producing electric vehicles as part of measures to shift attention away from the rising cost of fuel. Already, the Federal Government is expected to ratify the Electric Vehicle (EV) Development Plan in the coming weeks. At a workshop in Abuja on Thursday, the Director-General of the National Automotive Design and Development Council (NADDC), Mr. …

Twitter has lost roughly half of its advertising revenue, according to owner Elon Musk, since he bought the social media platform for $44 billion last October. Musk, who has been outspoken about the difficulties facing the company, broke the figures in a tweet response to a user who was giving suggestions on financing for the platform. “We’re still negative cash …

The United States Federal Trade Commission is investigating OpenAI to determine if its hugely popular ChatGPT app harms consumers by generating false information and whether its technology mishandles user data. Microsoft-backed OpenAI was notified of the investigation in a 20-page questionnaire in which the company is asked to describe incidents in which users were falsely disparaged and share any company …

Elon Musk on Wednesday launched his own artificial intelligence company, xAI, as he seeks to compete with OpenAI, the creator of ChatGPT — a program he accuses of being politically biased and irresponsible. The xAI website said the Tesla tycoon would run the company separately from his other companies but that the technology developed would benefit those businesses, including Twitter. …

The Federal Government through Tertiary Education Trust Fund (TETFund) has said that it is determined to bridge the digital skills gap between industries and schools. This is as the Executive Secretary, TETFund, Mr. Sonny Echono said the government has drafted a policy to ensure that students in higher institutions acquire digital skills before graduation. At the 2023 Train the Trainer …

The Threads app launched by Instagram as a rival to Twitter has signed up more than 100 million users in less than five days, data tracking websites said on Monday, smashing the record of AI tool ChatGPT for the fastest-growing consumer app. While ChatGPT took two months to hit the 100 million user mark and video-sharing app TikTok took nine …

Three months of innovative pitch sessions, workshops, masterclasses and mentorship sessions aimed at helping participants develop skills and provide them with the resources needed to transform their ideas into market-ready products, climaxed with the emergence of Aremu as the winner of MarkHack 2.0. Aremu, a robo-marketing tool that helps businesses run experiments to improve their product metric and conversion rate, beat nine other …

Twitter is threatening to file a suit against Meta for launching Thread – a “copycat” social media platform launched by Instagram on Wednesday. In a cease and desist letter sent to Meta, Twitter alleges that the social media behemoth poached its employees to create Thread, which is a typical replica of Twitter. In the letter sent to Meta CEO Mark Zuckerberg, …

Mark Zuckerberg launched his Instagram Threads on Thursday, an app that is set to rival Twitter. According to screenshots from the App Store listing, Threads will function like Twitter with text-based posts that can be liked, shared and commented on. The app is currently topping the chat as the most downloaded social networking app with over 100 million downloads within …