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A Nigerian startup needs to build this for Konga, Jumia and Yudala

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Today, market comparison tool Price.com announced that it raised a $2 million investment to launch a “one-stop shop for finding savings and discovering the best deals online, on a mobile device, or in-store.”

The company algorithm works behind ecommerce sites showing consumers the most affordable options.

We think a Lagos startup needs to build one for Yudala, Konga and Jumia. Of course we do not have many options in Nigeria. Nevertheless, this will help simplify the decision and give customers the confidence that they are getting good deals.

This chart shows why Apple rules the mobile world

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2016 also had Hanukkah to help, but the main result was the same: Apple dominated the results.

According to Flurry, above half of device activations (44 percent) were for an Apple device this Christmas, down from 49.1 percent last year. One in five were Samsung devices (21 percent, up from 19.8 percent), with the rest of companies settling for single digits under 5 percent. This Flurry’s data is global.

Microsoft fell out of the list, while Huawei showed up to the party for the first time. The Apple-Samsung duopoly was as stark as ever:

Amazon shows why AI is the future with record sales for Echo / Alexa

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The future is here and it is AI – anyone not in it is wasting time in consumer business. Period.

Amazon issued a press release today that indicates customers “gifted a record-setting number of devices from the Amazon Echo family, with sales up over 9x compared to last year’s holiday season and millions of Alexa devices sold worldwide this year.”

“Echo and Echo Dot were the best-selling products across Amazon this year, and we’re thrilled that millions of new customers will be introduced to Alexa as a result. Despite our best efforts and ramped-up production, we still had trouble keeping them in stock,” Jeff Wilke, Amazon’s CEO of Worldwide Consumer, said in a statement.

As you begin 2017, think of how AI can boost your business. It is AI or perish!

How the robot proposed to the woman in 2060 and together they went to the altar

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There is a new dimension in human’s quest to discover itself. One element that could take shape will be people preferring to marry robots and do away with human marriages. With robots like Alexa and self-driving systems, there are few things spouses could help these days that robots cannot offer any help – from emotional satisfaction to financial support, robots have the answers.

So in the very near future, marriage may begin to happen between humans and robots, legally.

According to Quartz in a conference last week called “Love and Sex with Robots” at Goldsmith University in London, David Levy made the bold prediction with support from  Adrian Cheok, a professor at City University London and director of the Mixed Reality Lab in Singapore:

“That might seem outrageous because it’s only 35 years away. But 35 years ago people thought homosexual marriage was outrageous,” Cheok said. “Until the 1970s, some states didn’t allow white and black people to marry each other. Society does progress and change very rapidly.”

According to Cheok, one major advantage will be happiness as robots could offer better marital bliss than humans to their spouses.

But be warmed, if the robot runs out of battery, that means your spouse is gone, just like that. You do not want a spouse you have to be feeding all the time. We do hope that humanity and common decency will prevent us from the age of robots.

Wall Street and Global Fund Managers See Growth in These Two Areas in Nigeria in 2017

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Since Donald Trump became President-elect of the United States, emerging market stocks are down nearly 7.0%, based on the Morgan Stanley Capital Index. That could indicate that U.S. fund managers will be moving away from emerging economies. If you think so, you will be wrong.

The fact is that a number of global fund managers say they are buying emerging market assets for 2017 after the beating the sector has taken since the U.S. election in November, even though credit rating agencies have a less positive outlook.

One of those moneymen is Michel Del Buono, head of portfolio strategy at Makena Capital Management LLC, who oversees $18 billion across asset classes. He is bullish on emerging markets. According to Reuters, this is where his mind is right now:

“If you’re exposed in the right way and you have a long-term perspective you should keep a significant weighting to emerging markets,” he said.

Del Buono said he favors investments in things like healthcare, retail and for-profit education in places like Nigeria, Indonesia and the United Arab Emirates.

Since Nigeria does not have for-profit universities, the areas Del Buono will be deploying capital are largely healthcare and retail. So, if you want to track the moneymen in Nigeria, get into these two areas.