Category: Others

Samsung invests in Sharp

Adeola Adebowale
Samsung Electronics Co. said Wednesday it will invest 10.4 billion yen ($111.5 million) in Sharp Corp. to secure a supply of large-size LCD panels. The agreement gives Samsung a 3 percent stake in Osaka-based Sharp and a supply of large-size LCD panels for televisions. Samsung said in a statement that the investment will help strengthen Sharp’s LCD panel business. The South Korean company known for… Read more

Late payment of salary a crime – Reps

Adeola Adebowale
A new bill before the House of Representatives has proposed stiff penalties for employers of labour in both the public and private sectors who fail to pay or delay the payment of workers’ salaries. The bill passed second reading on Tuesday, getting the support of the majority of lawmakers at a session presided over by the Speaker, Mr. Aminu Tambuwal. It also proposes that underpayment… Read more

Yahoo to shut down products

Adeola Adebowale
The product shutdowns, which Yahoo announced on its official company blog on Friday, are part of what the company said are regular efforts to evaluate and review its product lineup. “The most critical question we ask is whether the experience is truly a daily habit that still resonates for all of you today,” wrote Jay Rossiter, Yahoo’s executive vice president of Platforms. The announcement represents… Read more

Scientists cure HIV

Adeola Adebowale Leave a comment
Researchers say they have, for the first time, cured a baby born with HIV — a development that could help improve treatment of babies infected at birth. There is an important technical nuance: researchers insist on calling it a “functional cure” rather than a complete cure. That is because the virus is not totally eradicated. Still, its presence is reduced to such a low level… Read more

Wenger Unhappy

Adeola Adebowale Leave a comment
Arsenal boss Arsene Wenger was far from happy with his side’s performance in either box, but rejected suggestions that Tottenham were now the number one side in north London. “That’s not the impression I got from the game today,” he said on Sky Sports News. “We were not efficient in those decisive zones, not at the back or up front. We were not cautious enough.… Read more

Power projects: NERC to give Nigerians first consideration

Adeola Adebowale Leave a comment
The Nigerian Electricity Regulatory Commission has said it is working on a national content regulation that will give priority to Nigerian operators and workers in the power sector. According to NERC, the regulation, billed to be released by the third quarter of 2013, will set out guidelines in which Nigerians will be given first consideration in the areas of project execution, employment, training and technology… Read more

Samsung galaxy S4

Adeola Adebowale Leave a comment
Thanks to numerous rumors and leaks over the last few months, Samsung fans all around the world now have quite a clear idea about the features and specifications that are likely to be included in the Galaxy S3’s successor. But one particular aspect of Galaxy S4 that still leaves tech enthusiasts baffled is the device’s processor. According to the report, the South Korean tech giant… Read more