Richard Akinwumi

Posts by Richard Akinwumi:

Facebook acquires virtual reality gaming startup, Oculus, for $2 billion

Facebook isn’t just buying into mobile messaging; it’s also going for gaming. Facebook has announced that it will acquire Oculus VR, makers of the Oculus Rift for $2 billion (N329 billion). The social networking giant stated on Tuesday it had reached a definitive agreement to acquire Oculus VR, Inc., the…

Instagram hits 200 million users

Over 20 billion photos have been shared on Instagram (more…)

FAAC REPORT – Revenue allocation to states and LGA for November 2013, shared in December 2013

The three tiers of government in the country [Federal, State, and Local Councils] enjoyed an expanded take-home income from the Federal Account Allocation Committee [FAAC] in the month on November. The FAAC says it shared N675.650 billion between the Federal, States and Local governments, and that this sum includes value…

Yahoo stops user access of services with Facebook, Google credentials

As part of its plan to return to the big league, Yahoo has decided to cut support for third-party logins. (more…)

Top social media networks that may dominate 2014

A list of the ones to watch and the ones to ignore (more…)

CBN report on oil revenue for the month of July

Blackberry completes rollout of BBM for Android, iPhones

Blackberry reports more than 10 million downloads in 24 hours. (more…)