DID YOU KNOW?

Technology Statistics

• The world generates 2.5 quintillion bytes of data daily! • 90% of the world’s data was generated only in the last 2 years. • On the average, Google now processes more than 40,000 searches every second (3.5 billion searches per day)! Innovation

• ‘’Innovation and change is not a technical problem, It’s a mindset’ (Vijay Govindarayan) • Innovation is everyone’s job • ‘I believe Innovation is the most powerful force that would change the world’(Bill Gates) • Invention is not enough. Tesla invented the electric power we use, but he struggled to get it out to people. You have to combine both things: invention and innovation focus, plus the company that can commercialize things and get them to people (Larry Page) Technology News

• The World’s largest Internet restaurant Company, Rebel, quietly raised $125 Million this month • Apple has suspended Siri response grading in response to concerns raised by Apple contractors who regularly hear confidential details on Siri recordings in their process of analyzing Siri’s performance • Google has also been ordered to halt human review of voice AI recordings on their Google Assistant service over privacy risks • Facebook is currently under investigation by federal trade Commission (FTC) as to whether companies acquired by it were done with the intent to prevent them from becoming rivals • Flutterwave’s partnership with China’s biggest E-commerce platform, AliPay to facilitate payments between merchants of both platforms opens up opportunities for merchants to accept payment especially those barred from receiving payments via Paypal. • Google Maps Nigeria will be tailored to travel by Danfo and Okadas • Jumia is tackling issues that arise around consumers shying away from e-commerce due to high cost of delivery fees. They have introduced a monthly subscription service of N2,000 for free shipping • Tyler "Ninja" Blevins, the biggest streamer ever, is leaving Twitch for Microsoft’s Mixer