BMW Q1 profit falls 26.4% on weak China sales, 2025 outlook held
German carmaker BMW reported a 26.4% drop in first-quarter net profit to €2.2 billion ($2.5 billion), as weak demand in China weighed on earnings.
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Meta to shut access to Facebook, Instagram in Nigeria over $290m fines
LAGOS – Meta has warned it may shut down Facebook and Instagram services in Nigeria following over $290 million in fines and what it calls “unrealistic” regulatory demands from Nigerian authorities. The social media giant, which also owns WhatsApp, said it could be forced to withdraw its platforms to avoid enforcement actions after a federal…
Apple reports $95.4bn in Q2 revenue for FY2025, up 5% year-on-year; greater China sales dip 2.26% to $16bn
BEIJING – Apple has released its financial results for the second quarter of fiscal year 2025 (ending March 29). The revenue for the quarter was US$95.4 billion (approximately RMB 693.364 billion), a year-on-year increase of 5%, and diluted earnings per share were US$1.65, a year-on-year increase of 8%. Apple’s net profit in the second fiscal…
Olumba lights up Cross River communities with solar energy
CALABAR – The leader of the Brotherhood of the Cross and Star (BCS), His Holiness Olumba Olumba Obu, has lit up several communities with the commissioning of a 245kW solar power plant in Calabar, Cross River State. Converseer reports that the plant, BCS Green Energy Project, located at the headquarters of the BCS, 34 Ambo…
Bypass FRP on Android phones: Updated 2025 guide
Considering the pivotal role smartphones are playing in our lives today, securing them is an ever-important consideration for manufacturers. Apple does it with iCloud Activation Lock for its devices, and Google does it with Google Factory Reset Protection for Android devices. What FRP does, why you need an frp bypass tool and how you can…
Tsinghua-Tencent AI general education charity course launched in more than 200 rural primary schools
According to the “Penguin Teaching” official account, recently, the AIGE Research Center of the Department of Computer Science at Tsinghua University and the Digital Teaching Laboratory of Tencent’s Sustainable Social Value Division (SSV) have jointly launched an artificial intelligence general education charity course on the Penguin Teaching Platform. It was learned from the official introduction…
Analysis: German carmakers struggle as rivals outperform in 2024
By Julian Weber, dpa Germany’s leading car manufacturers lagged behind much of the global competition last year, struggling with weak sales and falling profitability, according to an analysis by auditing and consulting firm EY.While Volkswagen reported a slight sales increase in 2024, BMW and Mercedes-Benz saw declines, leading to an overall revenue drop of 2.8%…
DeepSeek: Chinese AI Startups See Surge in Funding After Spring Festival
On Thursday, it was reported that DeepSeek’s breakthrough in the field of artificial intelligence is causing a stir in China’s venture capital community, ending a three-year downward trend. When DeepSeek released its OpenAI-rivaling product in late January, the AI drug discovery company he founded was finalizing a $110 million Series E round led by Hong…
Telecoms Subscribers Call for Alternative Network Operators in Nigeria
Some telecommunication(telecoms) subscribers in the South-South region have called on the Federal Government to provide alternative networks and revive its own telecoms for efficient communications in the country. The subscribers made the remark while responding to the survey conducted by the News Agency of Nigeria (NAN) in Cross River, Rivers and Akwa Ibom on mitigating…
Cross River Unveils 440KWP Solar Grid to Boost Rural Electrification
Etung, Cross River – Governor Prince Bassey Otu, has commissioned a 440KWP capacity solar grid to provide uninterrupted power supply to four communities in Etung Local Government Area. Speaking at the commissioning ceremony in Etomi community on Wednesday, 5th March 2025, Governor Otu, represented by the Commissioner for Power and Renewable Energy, Prince Eka Williams,…