In 2016, speculations were rife that Interswitch, a payment processing firm based in Lagos, Nigeria, would be the first African tech firm to be listed both on the Lagos and London stock exchanges. The tech firm would be listed at a $1 billion valuation. All indicators were right, Interswitch had selected investment bankers, and Helios Investment Partner stood by the company as a primary backer.
Almost two years later, Interswitch has not gone public; neither has any other VC backed African tech firm. TechCrunch sought to establish why Interswitch has not made good its promise. However, it appeared as if Interswitch is unwilling to discuss the matter as the spokesperson for the tech firm reserved their comments regarding the pending IPO. Nevertheless, TechCrunch found out that Interswitch had partly addressed the matter in the last quarter of 2016. Through Akeem Lawal, Interswitch divisional officer, Interswitch had blamed “unfavorable equity markets,” while affirming it would go public before the end of 2019.
In pursuit of more information on Interswitch’s delay to go public, TechCrunch sought the opinions of some Nigerian tech insiders. Also, TechCrunch wanted to establish whether another company could be publicly listed before Interswitch.
Tayo Oviosu, the CEO of Paga—a Nigerian mobile money firm—suspects that Interswitch had not gone public owing to macroeconomic dynamics in Nigeria. He added that 2016 was unfavorable economically to launch an IPO. The weak Naira made it impossible to fetch a reasonable IPO valuation or opening share price. Consequently, Interswitch would have been valued lower than its actual market standing. Omobola Johnson, a senior partner at TLCom Capital, echoed Oviosu sentiments. Apparently, all analysts agree that 2016 was a bad year for a private company to go public. Johnson is also a former Minister of Communication Technology.
While Interswitch remains capable of going public anytime, Johnson named some companies which he believes might be listed soon. They include Andela and Flutterwave and Kenya’s Twiga Foods. Nigeria’s 2017 economic outlook is a marked improvement from 2016.
When an addicting app is released, people look at the developers and say how lucky they are that the public loves the app. Addicting apps are rarely happy accidents though; there is big money in having teens glued to their phones, using their favorite apps all day long. In 2016, apps revenue was $52 billion worldwide.
Hooking people through apps is a science, at least according to California startup Dopamine Labs, which uses neuroscience and artificial intelligence to advise companies on how to build addicting features into their apps. With more than a quarter of all iOS app developers earning approximately $5,000 per month, it is easy to see why companies would pay Dopamine Labs to give them an edge in the increasingly crowded app market. Game apps bring in more revenue than any other type of app, primarily through purchases made in the app.
Addicting apps trigger a burst of dopamine in user’s brains, creating a euphoric feeling that they want to repeat by using the app multiple times per day. Facebook excels at the practice; the helpful notification that someone commented on the user’s post is a trigger, designed to get people to open the Facebook app. When someone likes the post, a reward encourages the user to keep opening the app and posting, hoping for more rewards.
Dopamine Labs uses artificial intelligence to advise clients when to reward app users, to keep them using the app for as long as possible at a time and repeatedly come back to it. Addicting features, such as push notifications, are literally built into apps that depend on advertising for revenue. Fortunately, the addiction is not self-destructive, and it is one parents can control easily with the push of a button.
It’s been awhile since NASA has sent mankind to the moon and that always leads people to beg the question: are we ever going back? Over 45 years ago we made our first trip to the moon by way of a process called trans-lunar injection. Now, NASA is aiming to do it again with testing beginning at some point in 2019. This will be the first time that NASA has tested their Space Launch System along with the brand spanking new, Orion ship.
The Orion is going to go down in history books around the world if all testing goes to plan and the mission hits its expectations. The Orion mission will eventually have a crewed spaceship heading farther away from our planet than any other spacecraft has ever been. Orion will get nearly 270,000 miles away from Earth. To compare this distance a little easier: 270,000 miles away from Earth is the same as flying up to the Space Station and back home to Earth over 500 times.
The entire Orion mission is slated to take nearly 25.5 days. The mission will start with a four-day cruise up and to the moon before it is ‘injected’ into an elliptical orbit around Earth’s moon. The Orion Mission, also known as Exploration Mission 1, will sit in around the Moon’s orbit for nearly a week before spending another four days getting back home to Earth, where it will land somewhere in the Pacific Ocean near the assigned recovery utilities.
If this mission is a success, NASA plans to move toward manned expeditions in a similar fashion. Mike Sarafin is a NASA Mission Manager and he said, “This is the first of many missions to come that will use the deep-space exploration system to prepare our team.” Sarafin and his crew lately confirmed that they are hoping to have a ‘human test mission’ slated to take off at some point in 2023. These missions are considered the first step toward a manned mission to Mars.
A recent article on PR Newswire reports about the energetic video marketing firm Talk Fusion opening a new international office in India. Looking to expand its global footprint the office will be located in New Delhi. The Indian market for direct sell video marketing is rapidly expanding and the award-winning Talk Fusion is growing to fill the need. Talk Fusion is a leader in WebRTC video communications and is active in over 140 countries around the world.
The company engineers cutting-edge video products for email, meetings, newsletters and logins and it produces a system through which independent associates are paid within three minutes of a transaction. The New Delhi office offers meeting areas and training centers to support its local associates. Talk Fusion offers 30 day free trials of its award-winning video suite. The video suite offers live meetings, video newsletters, email and chat in one package and the video suite tracks your results and reports on attendance at live meetings.
Talk Fusion’s pricing is simple and smart. It offers different packages for any budget and its exclusive instant pay feature is available for all packages. The instant pay feature is unique to Talk Fusion and operates 24 hours a day 365 days a year and guarantees payment within three minutes of a sale. All packages offer the flexibility to work from wherever you want and there are absolutely no restrictions on income potential. Talk Fusion also offers its independent associates in incentives including 5-star vacations and a Mercedes-Benz. Talk Fusion offers small businesses the opportunity to appear larger on the internet and expand their bottom line with attractive and award-winning video solutions to their marketing needs. Learn more: http://www.dsa.org/forms/CompanyFormPublicMembers/view?id=1BE83000000A4
Talk Fusion was founded in 2007 by CEO Bob Reina and Mr. Reina is committed to giving back to the communities by supporting charities throughout the world, Mr. Reina’s idea for Talk Fusion developed from a house shopping experience when he took a video of a house he wanted to buy and send it to his wife via email. The phone carrier said it couldn’t be done. The result is Talk Fusion.
Samsung’s newly developed battery technology should charge smartphones, tablets, and electric cars in minutes flat, claims Samsung’s Advanced Institute of Technology.
The company affirms that the recent tech needs only 12 minutes to fully charge a device that now requires an hour to fill up, even with the use of fast-charge.
Samsung says that the technology utilizes graphene, a thin layer of carbon atoms procured out of graphite, which conducts electricity 100 times more productively than copper. The material transports energy 140 times quicker than the up-to-date silicon-based, lithium batteries, giving hope for a faster recharge than ever before.
Potentially, the new tech could increase battery’s energy-holding volume and provide its devices or cars with longer battery life. At this early stage, just how long these batteries could last is a mystery; however, the high-speed charging would mean uncommonly quick fill-ups, making the battery exponentially more user-friendly in the small span of daily time it would take. Spending the few daily minutes it might take to check in with a charger could lead to never running out of battery at all.
Current fast-charging tech in devices provides a 50% charge in thirty minutes, which is significantly quicker than a “regular” charge, giving a full charge in about two hours. The brand-new technology, however, would completely change the game.
Not only this, Samsung is assuring the public that they can widely manufacture the innovation and at a reasonable cost. As promising as the tech is, though, the company hasn’t yet made clear dates for the tech’s use in smartphones or other electronics.
At the moment, we can only suppose how fast this tech could charge Tesla vehicles and other larger electric gear.
In a world marked by ever-changing technologies, it is difficult to identify those advancements that are truly unique. That said, there are those discoveries and creations that only come a few times in a generation and are undeniably revolutionary. One such advancement was announced this week: electric planes. A group of European companies has commenced the process of developing airplanes that run on electricity. The first hybrid electric test plane of this kind is expected in 2020.
The project for creating this hybrid electric test plane has been dubbed E-Fan X and is a collaboration between Rolls-Royce, Airbus, and Siemens. Rather than build a new aircraft from scratch, the trio will first use a modified four-engine aircraft. The goal of the project is to replace at least two of the plane’s four fuel-driven engines with two two megawatt electric motors. The various aspects of production needed to complete the project will be divided between the three companies based on their individual strengths.
Should the project be successful, we could see commercial flights employing the same electric technology on a wide scale within the next seven to eight years. However, an electric future for commercial airlines could arrive even earlier as there are other large players also actively exploring the concept. Another collaborative effort between industry giant Boeing and Bluejet hopes to an electric test plane flying by 2022.
Electric airplanes would be greatly beneficial to the environment. While fuel emissions from airplanes are not discussed as much as with cares or ships, they still contribute towards the pollution of the environment. In fact, it is estimated that commercial airlines contribute as much as two percent of the carbon emissions that currently contribute towards climate change. Consequently, by cutting out the need for fuel, the proposed electric planes would reduce emissions and by extension levels of environmental pollution. The invention would also make economic sense as fuel is consistently reported as one of the main costs for airlines.
It is expected that the first demonstration of a hybrid plane will hit the skies by 2020. Airbus, Siemens, and Rolls-Royce are running the E-Fan X program that’s expected to manufacture a BAe 146 aircraft. The aircraft will constitute three jet engines and one electric engine. The development comes after the EU put pressure on the aviation industry. They are to cut down on pollution. A spokesman for the institutions said that the hybrid version is at the moment, the most viable option. A fully electric commercial plane is out of reach. The challenges facing the development of electric engines is the weight of the batteries and cooling equipment.
According to Rolls-Royce, they will avail the electrical generator. The turbine running the generator will, however, use jet fuel. Batteries will store the excess power and utilize it during take-off and landing. They intend to make the system as light as possible by adopting electronic systems.
Reasons for Electrified Planes
Jet fuel makes a significant percentage of the airline’s expenditure. It is estimated to vary from 17-36 percent. Adopting a hybrid engine will go further in reducing the cost of fuel.
Taking –off and landing planes cause a lot of noise pollution. Modern aircrafts are designed to produce less sound. However, they still make a lot of it during take-off and landing. Electric motors are quieter as compared to jet engines. As a result, it will allow for night flights, especially in highly populated towns.
Jet engines produce high amounts of NOx and CO2. Electric engines will cut down on the emissions significantly.
The race for producing the first electric airplane engine began in 2012 with Airbus and Rolls-Royce. The European Union has set standards to be achieved by 2050. The EU wants CO2 emissions cut by 60 percent, nitrogen oxide by 90 percent, and noise pollution by 75 percent. These measures are among the forces driving Airbus, Rolls-Royce, and Siemens in developing the first hybrid plane.
Talk Fusion has unveiled a brand new opportunity for anyone who is willing to step up to the plate. Bob Reina is a veteran in the industry, and now he has helped developed a system that will guide any growing network marketer or promising communications consultant to victory. Talk Fusion has been noticed for their brilliance in furthering instant messaging, social networking, video chatting & more in to one beyond convenient platform. Now, Bob Reina is tackling one of his greatest challenges yet — and it’s already proving to be one of the most talked about advances across network marketing this year.
One thing that’s really interesting about Talk Fusion as a company is that they are one of the only network marketing companies that has a truly priceless product that is ALSO almost ENTIRELY digital. Bob Reina seems like he is focusing on communication technology as a whole, and how to make it a more rounded experience for the user at the end of the day (https://play.google.com/store/apps/details?id=com.talkfusion&hl=en). This probably stems from his vast knowledge of the ins and outs of the network marketing scene, and how valuable it is for representatives of any kind today. The ability to more easily connect when you need to can change life itself, most of the time without anyone ever noticing.
Talk Fusion University is definitely a solid addition to everything that you already get access to upon being a member of Talk Fusion. It seems to double as both a marketing and communications course with a variety of different concepts & techniques that Bob Reina has compiled for the general audience. There doesn’t seem to be any information yet on if it’s available to the general public, but a subscription to Talk Fusion will let you access the courses that they currently have available.
You can also expect that Bob Reina & his team will probably add a lot of new content to Talk Fusion University in the future, since it seems like they tend to do so pretty frequently.
Many smartphone owners now use wireless audio devices like headphones and speakers to listen to music. This has prompted tech giant Google to look for a way that would make pairing the external devices with a mobile phone faster, more reliable and simpler for the user.
According to the company, a new process called Fast Pair is the solution. It allows smartphone users to hook up their audio devices without having to fumble through Bluetooth settings. The connection still uses Bluetooth to make audio devices interact with the phone during use, but relies on the newer Blueooth Low Energy (BLE) technology to discover them.
It’s likely that one of the main motivations behind the development of Fast Pair is Google’s desire to compete with Apple when it comes to making wireless headphones easier to pair with Android-based smartphones. Apple’s wireless AirPods headphones have a small chip embedded within to simplify the task of connecting them to an iPhone.
The process of using Fast Pair is fairly simple. The Android operating system scans the area close to a user’s phone for any Fast Pair-compatible devices that are in pairing mode. Once a Fast Pair packet is discovered, it gets sent to Google’s servers, which send information including the name of the product, its image and its companion app if there is one. Next, the user will receive a notification on their screen with this information and can simply tap on it to begin the pairing process. Classic Bluetooth is then used to complete the connection.
Currently, the only devices which support Fast Pair are the Libratone Q Adapt On-Ear headphones and Google’s Pixel Buds. The list of devices supporting the technology is expected to grow in the near future, as Google is working closely with manufacturers of various mobile phone accessories. In addition to audio devices like headphones and speakers, Fast Pair will likely be made available with other accessories like wearable tech and external keyboards.
It is now clear that social media giant Facebook has more surprises in store for its users. The live video streaming option on the app was seemingly revolutionary enough, as it allowed users to share an activity happening around them in real time. Users went ahead to create activities of their own as a way of optimizing what the app had to offer.
Facebook has added to the Facebook Explore menu a pick-up and delivery option, where users across the country can request for deliveries directly from the Facebook page of a restaurant.
The idea is based on allowing users to a number of things without necessarily leaving Facebook. The new Order Food menu under the Explore hosts a collection of several restaurants through which users can browse and make an order. Some of the featured restaurants have their own deliver apps and users do not have to recall what app a restaurant uses while browsing through Facebook for them to make an order.
This additional app is likely to disrupt the way restaurants reach out to customers on Facebook. Facebook VP ,Alex Himel says that there are over 70 million businesses on Facebook and restaurants make quite a sizeable chunk. Restaurants also have the option to disable the delivery button that pops up when a user chooses a restaurant.
Facebook, however, has a daunting task of engaging each provider as it makes effort to link individual restaurant apps to their respective Facebook pages. Himel further said that the new option has the ability to save information on user searches, making it a reference point when users come back to order again.
Order delivery is becoming a competitive option in the food business with restaurants putting in much effort to satisfy customer needs. This new addition by Facebook will no doubt go a long way in boosting the efforts by eateries in providing this service.