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Google To Buy Smartwatch Maker Fitbit For $2.1bn In Cash

Google To Buy Smartwatch Maker Fitbit For $2.1bn In Cash

Alphabet Inc.’s Google agreed to buy smartwatch maker Fitbit Inc. for $2.1 billion in cash, a move that could shore up the internet giant’s hardware business while also potentially increasing antitrust scrutiny. Fitbit shares jumped 16%.

Google will pay $7.35 a share for San Francisco-based Fitbit, according to a statement Friday. That represents a 71% premium to Fitbit’s stock price before Reuters reported Google had made a bid on the company on Oct. 28. The acquisition is Google’s second major purchase this year, after it agreed to pay $2.6 billion for cloud software provider Looker in June.

The deal is

Google Celebrates Funmilayo Ransome-Kuti With A doodle

Google Celebrates Funmilayo Ransome-Kuti With A doodle

Multinational technology giant, Google, is celebrating the 119th birthday of late Nigeria teacher, political campaigner, women’s rights activist and traditional aristocrat, Funmilayo Ransome-Kuti with a Doodle.

The Doodle, illustrated by Nigerian-Italian guest artist, Diana Ejaita, celebrates a formidable leader who founded what many refer to as one of the most important social movements of the twentieth century. Diana Ejaita weaves together Ransome-Kuti’s likeness with women whose lives she changed. The Berlin-based artist’s style of combining dramatic blacks and soft colours to show “the strength of femininity” aligns well with Ransome-Kuti’s powerful story.

Born on this day in 1900 in …

Google in Aba, Nigeria to support manufacturers

Google in Aba, Nigeria to support manufacturers

Google Nigeria on Wednesday announced the launch of the Google Digital Skills for Africa programme in Aba and other local communities in Abia State.

The Head, Brand and Reputation, Sub-Saharan Africa at Google, Mrs Mojolaoluwa Aderemi-Makinde, made this known at the unveiling of the digital skills in Aba.

According to her, the Google’s Digital Skills for Africa programme offers training courses to help individuals and communities develop and grow digital skills, find jobs and advance in their careers.

She said that the programme would provide free online courses, tools and in-person digital training of students, educators, job seekers and businesses.…

Google earns $4.7b from news industry

Google earns $4.7b from news industry

Search engine giant, Google, made a whopping $4.7 billion from the work of reporters last year via search and Google News.

This took a huge cut from the online ad revenue of media houses which lost a crucial source of income, resulting in many of them getting shrunk or closed, a report said yesterday.

News is a significant part of Google’s business, according to a study to be released next week by the News Media Alliance (NMA) which represents more than 2,000 newspapers across the US.

The journalists who create that content deserve a cut of that $4.7 billion, president …

Google sever ties with Huawei

Google sever ties with Huawei

US internet giant Google, whose Android mobile operating system powers most of the world’s smartphones, said Sunday it was beginning to cut ties with China’s Huawei, which Washington considers a national security threat.

In the midst of a trade war with Beijing, President Donald Trump has barred US companies from engaging in telecommunications trade with foreign companies said to threaten American national security.

The measure targets Huawei, a Chinese telecoms giant in Washington’s sights that is listed by the Commerce Department among firms with which American companies can only engage in trade after obtaining the green light from the authorities.…

Without Ifa, there wouldn’t have been Google – Ooni of Ife

The Ooni of Ife, Oba Enitan Ogunwusi, on Wednesday said that the Google originated from the  ‘Ifa’ also known as the oracle.

The traditional leader said that without ‘Ifa’, Google would not have been created.

Ogunwusi said this during the press tour of the tourists sites within the ancient city ahead of the Tourism Innovation and Development Innovation Conference (TIDA) slated for April 24.

The theme of the forthcoming conference is:” Impact of Sustainable Tourism Development and Marketing of Tourism Destinations on Host Communities”.

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