To strategically position Nigeria in the frontline of current global drive towards artificial intelligence (AI) development, the Federal Government has secured $3.5 million seed fund for Nigeria’s Artificial Intelligence (AI) strategy implementation from development and other independent partners. The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, made this disclosure on Friday at the […]
Global technology giant, Google, has affirmed its commitment to invest one billion dollars to improve Africa’s digital transformation. The company’s Chief Executive Officer, Sundar Pichai, who made this announcement during the Google for Africa virtual event on Wednesday, said the investment, which will run for five years, was aimed at improving a range of initiatives […]
Amazon, a leading online shopping company, has paid £492 million in taxes on sales which rose 50% to £20.63 billion, as COVID-19 pandemic continues to trigger demand for its services. The company, which said it had invested £32bn in UK infrastructure since 2010, disclosed the tax payment in its latest financial results It stated: “We […]
Thailand on Wednesday commenced value added tax (VAT) collection from foreign technology companies and expects to raise at least 5 billion baht ($154.70 million) in additional revenue yearly from the revenue source. Under the new fiscal regulations, foreign platforms providing electronic services in the country will have to register for VAT payments. According to news […]
Google and Facebook have unveiled plans to lead some global technology giants’ efforts to empower Nigerians and other African nationals in technical skills by supporting skills development, technology adoption and the growth of digital businesses.