Moove, the Nigerian mobility fintech startup backed by Uber, has acquired Kovi, a car rental company in Brazil, which is the largest ride-hailing market in Latin America. This acquisition marks a significant step in Moove’s global expansion, as the startup currently operates in 19 cities across five continents. The deal is an all-stock transaction, allowing Kovi’s investors to become shareholders in Moove. Kovi has successfully raised over $145 million from notable investors such as Accel, Spectra Investments, Valor Capital, Prosus Ventures, and Quona Capital. With this acquisition, Kovi’s investors will now hold shares in Moove, which has secured around $500…
Author: Techk Doctor
Read More
Apple seems to be prioritizing AI and Apple Intelligence as its future direction rather than the Vision Pro. In a strategic move to enhance its AI initiatives and Siri, Apple has made an executive shift. Kim Vorrath, who played a key role in launching the Vision Pro software and has been with Apple for 36 years, is now joining the artificial intelligence and machine learning division as a “top deputy” to AI leader John Giannandrea, according to Bloomberg. While Apple made a significant announcement regarding its AI efforts at WWDC last year, these initiatives have not gained the same traction…
Mark Zuckerberg plans to invest up to $65 billion to advance Meta’s AI initiatives, which includes a data center so massive it could cover a large portion of Manhattan. The Meta CEO announced that this significant investment will be part of a “massive effort” aimed at enhancing the company’s AI capabilities by 2025. He mentioned a data center in Louisiana that is described as being “so large it would cover a significant part of Manhattan,” in a post on Threads today. This announcement seems to be a direct response to recent news from competitors regarding their AI data center projects.…
Nigerian Fintech Unicorn Moniepoint Bags $10Million Visa Investment, a leading global payments company. African fintech firm Moniepoint has successfully raised more than $10 million in funding from Visa, pushing its Series C total to over $120 million. The digital payment company stated that this investment will enhance financial inclusion and support the growth of small and medium-sized enterprises (SMEs) throughout Africa. Visa’s backing underscores Moniepoint’s significant role and potential within Nigeria’s card value chain as a leading issuer and acquirer. Moniepoint is involved in various services, including electronic transfers, ATMs, POS devices, mobile agents, and web payments. This announcement follows…
If you’re unfamiliar with it, Performance Max is a campaign type that allows advertisers to manage multiple ad inventories within a single campaign. This functionality enables advertisements to appear across various platforms, including search, display, YouTube, and Shopping, among others. A prevalent concern among advertisers is the level of control over specific ad placements. In contrast to traditional Google Ads campaigns, where advertisers can choose individual placements or target specific audiences, Performance Max leverages artificial intelligence to optimize ad delivery across all available channels. Recently, Google has rolled out significant updates to its Performance Max campaigns. This article will explore the…
Meta, the parent company of Facebook and Instagram sets to Launch Edits App – A Strong Alternative to CapCut. Meta is making significant strides once again with the announcement of its latest video editing application, Edits. This app is designed to equip creators with advanced tools to generate high-quality video content directly from their mobile devices. The announcement comes at a time of considerable transformation within the video editing app market, particularly following the withdrawal of ByteDance’s CapCut from both Apple’s App Store and Google Play Store due to the ban on TikTok in the USA. It is anticipated that…
Deleting your Facebook account is a significant decision, this post on how to delete your facebook account helps you understand the process… In today’s digital age, social media platforms like Facebook have become integral to our daily lives. However, there are times when you might decide to step away from Facebook, whether for privacy reasons, to reclaim your time, or simply to disconnect. Deleting your Facebook account is a significant decision, and it’s essential to understand the process thoroughly. Understanding Facebook Account Deletion: Deactivation VS Deleting When you’re considering stepping away from Facebook, it’s important to understand the different options…
Are you part of the 70% of people who don’t care about AI? this post gives you all the details you need on How to turn off Apple Intelligence on your iPhone. Apple Intelligence is a suite of AI-powered features integrated into the latest iOS versions, designed to enhance user experience by offering intelligent suggestions, summarizations, and more. While these features can be beneficial, some users may prefer to disable them due to privacy concerns, storage considerations, or a desire for a more traditional iPhone experience. Understanding Apple Intelligence: A Comprehensive Overview Apple Intelligence is a collection of advanced AI-driven…
Integrating Google Drive with ChatGPT enhances your productivity by allowing seamless access to your files during AI interactions. This post on How to Upload Google Drive Files to ChatGPT will teach you how to do just that. This integration enables you to upload documents, images, and other files directly from Google Drive into your ChatGPT conversations, facilitating efficient information sharing and analysis. Understanding the Integration of Google Drive Files to ChatGPT The integration of ChatGPT with Google Drive is a groundbreaking feature that allows users to bring their files directly into AI-driven conversations. This capability bridges the gap between static…
Your iPhone serves as a central hub for personal information and cherished memories, knowing how to back up your iPhone to iCloud would be useful. In today’s digital age, your phone contains useful and essential data. Ensuring that this data is securely backed up is crucial to protect against unexpected events like device loss, damage, or software issues. One of the most efficient and seamless methods to back up your iPhone is through iCloud, Apple’s cloud-based storage service. Understanding iCloud and Its Benefits iCloud is Apple’s cloud-based storage and computing platform, offering users a convenient and seamless way to store…