Rand Merchant Investment (RMI) announced plans to unbundle its large stakes in Discovery and Momentum Metropolitan directly to its shareholders. RMI is currently the largest shareholder in both companies, owning 25% of Discovery and 27% of Momentum Metropolitan. Following the unbundling, RMI shareholders will hold shares in these companies directly. The RMI board hopes this...
Category: <span>Tech News</span>
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Lucid Motors to Dominate Electric Vehicle Market with New Range of Cars
Tesla Motors is currently leading the way in the electric vehicle market however, their lunch is under threat as the majority of motor cars enters the electric market. The company’s founder and Chief Executive Officer Elon Musk is shaking his head wherever he is as the competition comes nearer every day. Lucid Motors is one...
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Exclusive Feature: All you Need to Know about Apple Watch Series 7
Apple launched the latest version of the wearable-dominated Apple Watch. As anticipated, the Apple Watch Series 7 marks one of the biggest design changes in the smartwatch’s six year history. The new Watch sports a re-engineered display that’s 20% larger than the Series 6, while “barely effecting” the watch’s size, courtesy of smaller bezels. The...
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Apple Unveiled New iPhone 13 With Camera, Chip and Screen Upgrades
Apple Inc. unveiled a new line of iPhones at a wide-ranging product event Tuesday, looking to entice consumers with improvements to the camera and processor in lieu of major design changes. The new models — iPhone 13, iPhone 13 mini, iPhone 13 Pro and iPhone 13 Pro Max — were introduced at a media event dubbed...
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What to Expect from Apple’s Big Event?
iPhone 13, Apple Watch 7 and News Macs on the Cards At TechDailyPost we’ve been getting a lot of questions from our readers asking about what can we expect from this year’s Apple Big Event. This comes after Apple revealed that their Big Event will take place on the 14 of September but they didn’t...
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Spotify to Splash 1 Billion Buying its Own Stock for the Next 5 Years
Podcast and music streaming platform Spotify announced that it will spend up to $1 billion between now and April 21, 2026 to repurchase its own shares. The company is buying its own shares rewards and build wealth for its shareholders. According to Tech Crunch, a public company using some of its cash to repurchase its shares...
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Nigeria Government Expects to Lift Twitter Ban by End of the Year
Social media censorship continues in African continent’s most populous country Nigeria. This comes after Information Minister said they likely to lift the Twitter ban by the end of the year. Speaking to Reuters on Thursday, Nigeria Information Minister Lai Mohammed said Nigeria expects to lift its ban on Twitter before the end of the year....
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Advocacy Groups ask Apple to Stop Plans to Scan Messages on their Devices
Advocacy groups around the world disagree with Apple’s plans to inspect iMessages, scan for abuse images. According to Reuters, more than 90 policy and rights groups around the world published an open letter on Thursday urging Apple to abandon plans for scanning children’s messages for nudity and the phones of adults for images of child...
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Congressman Calls Biden to Sanctions TikTok After China Government took a Stake in ByteDance
TikTok’s parent company ByteDance is faced with another ban in the US. This comes after the congressman and senator Marco Rubio calls President Joe Biden to block short-form video app TikTok in the United States after China took an ownership stake in a key subsidiary of ByteDance, the Beijing-based parent company of TikTok. In a...
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Nigeria Information Minister to Lift Twitter Ban
The Nigeria government plans to lift its ban on Twitter soon. This comes after Nigerian Information Minister Lai Mohammed said they have resolved some of its differences with the social media giant. The move will end a policy widely condemned as an affront to freedom of expression and censorship. “The ban on Twitter will soon...