Today’s top deadlines;
Microsoft Joins The Exclusive $2tr Club
On Tuesday, technology giant Microsoft Corp saw its value rise to $2 trillion in intraday trading. This was a huge milestone for the company, even though the stock fell slightly. The technology company failed to end the session with its valuation at $2 trillion or more.
Tesla’s China Rival Raises Money
electric carmaker Xpeng Motors has received the go-ahead to carry out an Initial Public Listing (IPO) in Hong Kong. The US-listed company, through this IPO, could raise between $1 billion to $2 billion, according to CNBC’s report.
The Nigerian Twitter ban Doesn’t Seem Effective
Perhaps the troubling part is that the ban is working for a very small number of Nigerians while a large majority keep tweeting. The only “good” thing to have come out of this is that, the online bully and abuse rate on Nigerian Twitter has dropped a bit.
The NCC In Nigeria To Make Changes To Telecom License Structure
NCC’s Executive Vice Chairman, Prof. Umar Garba Danbatta, led an in-house committee responsible for this task. Danbatta noted that his Agency had to adjust to the dynamics in Information and Communications Technology, which depicts NCC’s responsiveness towards global trends and its tech ecosystem.
Zoom Is Making Pronouns More Flexible
With the Pronouns feature, you can add directly to your user profile. Numerous users have shared how they’ve been manually adding pronouns to their names and profiles within the Zoom platform.
The Bitcoin Dip Continues
Bitcoin fell below the $30,000 milestone. The price of Bitcoin had been fluctuating between $30,000 and $40,000 and it was quite unexpected that the currency’s value would fall below the $30,000 milestone.
China’s cracks down hard on Bitcoin mining as rigs are relocated
China’s continued crackdown on the crypto market has taken off almost $300 billion worth from the total digital currency market since Friday after a major mining hub closed down its operations. As of 10:47 p.m. ET yesterday, at $32,735.71 Bitcoin was down by 6.6 percent, coming off its 24-hour low of $31,179.05, according to data from CoinDesk. China has been on her toes, increasing efforts to crack down the cryptocurrency industry in the country.
Elon Musk’s Starlink To Have Global Coverage By September
President Gwynne Shotwel said that “We’ve successfully deployed 1,800 or so satellites and once all those satellites reach their operational orbit, we will have continuous global coverage, so that should be like the September time frame”.