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News
Uber Fined $966m Over Automated Driver Suspensions - Innovation Village | Technology, Product Reviews, Business
4+ hour, 43+ min ago (447+ words) The Dutch Data Protection Authority (Autoriteit Persoonsgegevens or AP) has hit Uber Technologies Inc. with an €825 million ($966 million) fine for using automated algorithms to deactivate and suspend driver accounts without proper human oversight. The penalty marks the second-largest fine ever…...
FG Sets Sights on Digital Growth with Call to Increase Investments in Innovation Hubs - Innovation Village | Technology, Product Reviews, Business
3+ hour, 45+ min ago (362+ words) The Federal Government of Nigeria has called for a massive increase in public and private investment into local innovation hubs and ecosystem builders nationwide. During his keynote address, Dr. Tijani pointed out that while high-growth startups and tech unicorns routinely…...
SPAR loses billions amid turbulent trading - Innovation Village | Technology, Product Reviews, Business
16+ hour, 14+ min ago (265+ words) SPAR is navigating one of its most turbulent periods to date, marked by a devastating R10 billion loss in market capitalization since the beginning of 2026. After remaining relatively stable between 2023 and 2025, the company’s share price has nosedived by over 50% year-to-date, leaving…...
Bitcoin Surges Above $78,000 in Biggest Weekly Gain Since 2024 - Innovation Village | Technology, Product Reviews, Business
1+ day, 4+ hour ago (489+ words) Bitcoin broke through the $78,000 threshold on Saturday, capping off a dramatic seven-day surge that marks the cryptocurrency’s strongest weekly performance since 2024. The world’s largest digital asset gained over 23% on the week, climbing from the low $64,000s to achieve intraday highs near…...
China issues record 4.3 million vehicle recall over hidden door handles - Innovation Village | Technology, Product Reviews, Business
1+ day, 17+ hour ago (343+ words) China has initiated a record-breaking recall of nearly 4.3 million electric vehicles across 11 different automakers. Regulators have raised significant safety concerns that concealed, electrically powered door handles, a minimalist design popularized by Tesla, can trap occupants inside the vehicle during an…...
TikTok reach landmark $400 million privacy settlement - Innovation Village | Technology, Product Reviews, Business
1+ day, 17+ hour ago (285+ words) Tapiwa Matthew Mutisi has been covering blockchain technology, intelligent technologies, cryptocurrency, cybersecurity, telecommunications technology, sustainability, autonomous vehicles, and other topics for Innovation Village since 2017. In the years since, he has published over 7,000 articles — a mix of breaking news, reviews, helpful…...
Apple announces layoffs in Vision Pro and Siri divisions - Innovation Village | Technology, Product Reviews, Business
1+ day, 17+ hour ago (221+ words) The 200 job cuts are split evenly between two primary divisions, reflecting Apple’s evolving hardware and software priorities: The Vision Pro Division The Siri and Software Division These layoffs align closely with ongoing industry rumors regarding Apple’s future product roadmap. Following…...
NITDA, Budget Office Set Up Joint Committee for Nigeria’s Sovereign Cloud Initiative - Innovation Village | Technology, Product Reviews, Business
2+ day, 32+ min ago (258+ words) The Federal Government of Nigeria has inaugurated the Joint Technical Committee on the National Sovereign Cloud Initiative (JTC-NSCI). The inter-agency body brings together the National Information Technology Development Agency (NITDA) and the Budget Office of the Federation (BOF), It is…...
Google Introduces Preferred Sources to Help Publishers Fight Traffic Losses - Innovation Village | Technology, Product Reviews, Business
2+ day, 8+ hour ago (485+ words) Google is giving publishers a new way to attract readers as AI-powered search continues to change how people discover information online. The company has introduced a new Preferred Sources button that publishers can add directly to their websites. The feature…...
Tinubu's reforms have rebuilt Nigeria's "fiscal stability"; next is "economic growth" - Innovation Village | Technology, Product Reviews, Business
2+ day, 12+ hour ago (718+ words) Finance Minister Taiwo Oyedele stood in Abuja on August 19 and made the government’s fullest case yet that Bola Tinubu’s economic reforms prevented a deeper crisis, rather than merely taking Nigeria through a painful adjustment. Reuters reached a similar conclusion in…...