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Nigeria Opens $350,000 Funding Programme for Early-Stage Tech Startups
The Nigerian government has opened applications for a new accelerator programme offering selected technology startups access to as much as $350,000 in investment. The iDICE Startup Bridge Growth Lab is a 12-week acceleration programme under the Federal Government’s Investment in Digital and Creative Enterprises programme. It is implemented by the Bank of Industry and will…
The financial winners and losers from the World Cup
The 16 host cities across the US, Canada and Mexico have been welcoming an influx of fans and tourists boosting hospitality, hotels and local businesses. But while the Scots drank Boston dry and have won the heart of the city and its people, experts say the long-term economic benefits are minimal. Fifa estimated some $41bn…
Apple targets OpenAI workers over trade secrets theft lawsuit
The iPhone maker has accused OpenAI of stealing hardware secrets via its former employees. Apple has reportedly contacted around 40 of its former employees who now work for OpenAI, as it looks to gather evidence of alleged trade secrets theft by the AI juggernaut. The iPhone maker launched a major lawsuit against OpenAI last week,…
Mark Matossian co-founds Whipsmart Ventures to fund space and deep tech
SAN FRANCISCO – Space startup veteran Mark Matossian has joined forces with a software engineer and a best-selling author to establish Whipsmart Ventures, a venture capital fund focused on space and deep tech. Whipsmart will identify “pivotal technologies that can close a business plan” and help companies make the leap from laboratories to scaling up,…
China’s CXMT seeks $9.8b in IPO
CXMT sold 7.69 billion shares at 8.66 yuan (US$1.3) each, including a 1 billion-share overallotment option.
