technology

Africa Roundup: Paga goes global and 4 startups raise $99M in VC

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Polestar unveils first production EV with aim to overtake Tesla Liquid Telecom goes long on Africa’s startups as future clients Nigerian digital payments startup Paga is gearing up for international expansion with a $10 million round led by the Global Innovation Fund. The company is exploring the release of its payments product in Ethiopia, Mexico, and the Philippines—CEO Tayo Oviosu told TechCrunch. Paga looks to go head to head with regional and global payment players, such as PayPal, Alipay, and Safaricom according to Oviosu. “We are not only in a position to compete with them, we’re going beyond them,” he said of Kenya’s MPesa mobile money prod...

Corporate venture investment climbs higher throughout 2018

Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor In VC fund creation, have we passed the peak? Supergiant VC rounds aren’t just raised in China Many corporations are pinning their futures on their venture investment portfolios. If you can’t beat startups at the innovation game, go into business with them as financial partners. Though many technology companies have robust venture investment initiatives—Alphabet’s venture funding universe and Intel Capital’s prolific approach to startup investment come to mind—other corporations are just now doubling down on venture investments. Over the past several months, several big corporations committed additional capital to corporate investments. For example, defense...

Lunewave is pitching a new sensor offering better vision for autonomous vehicles

The investment arms of BMW and the Chinese search technology giant, Baidu, along with a large original equipment manufacturer for the auto industry and a slew of technology investors have all come together to back Lunewave, a startup developing new sensor technologies for autonomous vehicles. The $5 million seed round which the company just closed will serve as a launching pad to get its novel radar technology, based on the concept of a Luneburg antenna, to market. First developed in the 1940s, Lunewave’s spin the antenna technology involves leveraging 3D printing to create new architectures that enable more powerful antennas with greater range and accuracy than the sensing technologies currently on the market, according to the company’s chief executive John Xin. Lunewave was c...

Tranter IT to employ 10, 000 Nigerians, launch 10+ IT support

IT Support has promised to employ about 10,000 Nigerians, as it launched IT support product called 10+ recently. Continue reading Tranter IT to employ 10, 000 Nigerians, launch 10+ IT support at Vanguard News.

Three Start-ups win N3.5m in Visa organised Cashless Lagos Hackathon

Three start-ups, Blended, Mavericks solutions and Lagos Pay, have emerged winners in the just-concluded Cashless Lagos Hackathon organised by digital payments company, Visa, in partnership with a Lagos State establishment. Continue reading Three Start-ups win N3.5m in Visa organised Cashless Lagos Hackathon at Vanguard News.

Review: iPhone XS, XS Max and the power of long-term thinking

The iPhone XS proves one thing definitively: that the iPhone X was probably one of the most ambitious product bets of all time. When Apple told me in 2017 that they put aside plans for the iterative upgrade that they were going to ship and went all in on the iPhone X because they thought they could jump ahead a year, they were not blustering. That the iPhone XS feels, at least on the surface, like one of Apple’s most “S” models ever is a testament to how aggressive the iPhone X timeline was. I think there will be plenty of people who will see this as a weakness of the iPhone XS, and I can understand their point of view. There are about a half-dozen definitive improvements in the XS over the iPhone X, but none of them has quite the buzzword-worthy effectiveness of a marquee upgrade like 64-...

African experiments with drone technologies could leapfrog decades of infrastructure neglect

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Harley-Davidson is opening a Silicon Valley R&D center to power EV production With a $10 million round, Nigeria’s Paga plans global expansion Samantha Stein Contributor More posts by this contributor Only 48 hours left to apply for Startup Battlefield Africa 2018 Announcing Startup Battlefield at Disrupt SF 2018 A drone revolution is coming to sub-Saharan Africa. Countries across the continent are experimenting with this 21st century technology as a way to leapfrog decades of neglect of 20th century infrastructure. Over the last two years, San Francisco-based startup Zipline launched a national UAV delivery program in East Africa; South Africa...

Kegel trainer startup Elvie is launching a smaller, smarter, hands-free breast pump

Elvie, a Berlin-based startup known best for its connected Kegel trainer is jumping into the breast pump business with a new $480 hands-free system you can slip into your bra. Even with all the innovation in baby gear, breast pumps have mostly sucked (pun intended) for new moms for the past half a century. My first experience with a pump required me to stay near a wall socket and hunch over for a good twenty to thirty minutes for fear the milk collected might spill all over the place (which it did anyway, frequently). It was awful! Next I tried the Willow Pump, an egg-shaped, connected pump meant to liberate women everywhere with its small and mobile design. It received glowing reviews, though my experience with it was less than stellar. The proprietary bags were hard to fit in the device,...

3DHubs, once a community 3D printing service, is now sourcing all 3D prints internally

3D Hubs, like MakeXYZ, was a community-based 3D printing service that let anyone with a printer sell their prints online. Founded in the heyday of the 3D printing revolution, the service let thousands of makers gather a little cash for making and mailing prints on their home 3D printers. Now, however, the company has moved to a model in which its high-end partners will be manufacturing plastic, metal, and injection molded parts for customers willing to pay extra for a professional print. “Indeed, more focus on high end printers run by professional companies,” said founder Brian Garret. “So a smaller pool of manufacturing locations (still hundreds around the world), but with more control on standardized quality and repeatability. Our software takes care of the sourcing, so...

Safe artificial intelligence requires cultural intelligence

Gillian Hadfield Contributor Share on Twitter Gillian Hadfield is the author of Rules for a Flat World: Why Humans Invented Law and How to Reinvent It for a Complex Global Economy and a professor of law and strategic management at the University of Toronto; a faculty affiliate at the Vector Institute for AI; and a senior policy advisor at OpenAI. More posts by this contributor To truly protect citizens, lawmakers need to restructure their regulatory oversight of big tech Saudi Arabia’s TechUtopia Neom will have to reinvent the rules to succeed Knowledge, to paraphrase British journalist Miles Kington, is knowing a tomato is a fruit; wisdom is knowing there’s a norm against putting it in a fruit salad. Any kind of artificial intelligence clearly needs to possess great knowledge. But i...

Chipmaker Renesas goes deeper into autonomous vehicles with $6.7B acquisition

Japan-based semiconductor firm Renesas — one of the world’s largest supplier of chips for the automotive industry — is scooping up U.S. chip company IDT in a $6.7 billion deal that increases its focus on self-driving technology. Renesas produces microprocessor and circuits that power devices, and automotive is its core focus. It is second only to NXP on supply, and more than half of its revenue comes from automotive. IDT, meanwhile, includes power management and memory among its products, which focus on wireless networks and the converting and storing of data. Those are two areas that are increasingly important with the growth of connected devices and particularly vehicles which demand high levels of data streaming and interaction. The acquisition of IDT — which is ...

NCS to FG: Update and implement national policy on ICT in education

The position of   participants at the just concluded Nigeria Computer Society, NCS, on the Nigerian national policy on Information Communication Technology, ICT, and education was very clear. Continue reading NCS to FG: Update and implement national policy on ICT in education at Vanguard News.