Nigeria’s mobile internet subscribers decreased by 563,837 in December, with the total number of Internet users dropping to 153.87 million from 154.43 million in November 2020. The latest figures from the Nigerian Communications Commission also showed that broadband subscription fell by 0.12 percent, from 86 million in November to 85.9 million in December.

American online streaming service, Netflix has reported an increase in the number of subscribers totaling 203.6 million subscribers, making a profit of $2,761.4 million in 2020 showing about 47.9 percent increase when compared to 2019. However, the company recorded a loss of 7.6 percent ($542.15 million) in the last quarter, a decrease of 31 percent when compared to the previous quarter. Rival streaming companies, Hulu and Disney Plus have proved popular with Disney accumulating 90 million subscribers from its launch date and boasts to have about 260 million by 2024.

Chief Executive Officer, CEO of Electric and self-driving car, Tesla and Aerospace manufacturing company, SpaceX, Elon Musk has become the richest person in the world with a net worth of $185 billion, passing Amazon CEO, Jeff Bezos who held the position since 2017. Musk’s Tesla recorded a surge in its value, reaching a market value of $700billion, making the company worth more than Ford, Hyundai, Toyota, Volkswagen, and General Motors combined. The Entrepreneur’s wealth increased over the past year, seeing his wealth increase from $27 billion in early 2020 and making a dramatic turnaround from Tesla’s rapid cash burn.

Facebook-owned company WhatsApp has stated that commencing from May 15, users who had refused to accept the new terms and conditions of the media platform will not be able to send and read messages, and maybe eventually deleted. Following the several backlashes from its users over the revised privacy policy, WhatsApp has deferred the update to May 15, giving users time to accept the revised terms.

A total of 56.18 million National Identity Numbers have been collected by the mobile network operators and submitted for linkage with their respective Subscriber Identification Modules.

The Google News Initiative has launched a $3 million global open fund “COVID-19 Vaccine Counter Misinformation Open Fund” to curb misinformation of the COVID-19 vaccine.

Twitter has announced it will recruit 11 people in Ghana, the company’s first hires on the African continent, and that it is looking into opening an office there. The social media company joins Facebook and other tech companies moving into Africa.

South Korean multinational electronic corporation, LG Corp has on Monday announced that it will be closing down its mobile division, withdrawing completely from the smartphone market. This move to close down LG’s mobile division was after it failed to find a buyer for the loss-making smartphone division. According to Reuters, the South Korean company said the smartphone division has recorded a total loss of about $4.5 billion in nearly 6 years. The division has “failed to produce results” amid “intensifying price competition among major competitors in the entry-level mobile phone market”, the company said in a statement.

The first tweet ever sent on Twitter by the CEO, Jack Dorsey has on Monday been sold for $2.9 million as a winning bid for the collectible as a Non-Fungible Token (NFT) at an auction.

Online video-sharing giant YouTube is set to roll out automatic product detection in uploaded videos on its platform so as to give Google its own piece of the incredibly lucrative affiliate link market, while also tying commerce directly to video uploads.

Nigeria and Africa’s leading financial technology company Flutterwave have teamed up with US payments giant, Paypal to enable users anywhere in the world to make direct payment to African merchants. In 2017, Africa eCommerce value totalled $16.5 billion and it is expected to reach $29 billion by 2022. Flutterwave has exploited this economy area in Africa by offering flexible, quick and affordable payment services to individuals and businesses across the continent.

Hanson Robotics, the company behind the popular humanoid robot ‘Sophia the robot’ has announced plans to mass-produce robots by the end of 2021. The company, based in Hong Kong said four models of the humanoid including Sophia would begin rolling out of factories in the first half of the year.