Press Room
As Africa's premier digital marketing agency, Eyiyce Studios takes great pride in introducing its Press Room, a dedicated platform to share extraordinary success stories of local African businesses and SMEs. Our core mission is to offer invaluable business development services that propel these enterprises towards becoming investor-ready, fostering sustainable growth and prosperity. Additionally, our Press Room features exciting announcements of SME success stories, breakthroughs, and the signing of micro influencer deals for upcoming influencers, connecting them with businesses that share the same target audience.
Eyiyce Studios Launches New Website with Business Feed and Press Room!
Eyiyce Studios proudly announces the completion of its new website, featuring an innovative Business Feed and Press Room. This dynamic platform will showcase news articles highlighting the achievements of small and medium-sized businesses, provide updates on industry trends, and offer valuable insights for businesses seeking growth and success. Read more...
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Standard Bank and Thinkroom Collaborate to Empower African Entrepreneurs
Standard Bank South Africa and Thinkroom have joined forces to introduce the Standard Bank Development Programme, an enterprise development initiative geared towards supporting ten entrepreneurs on their journey to growth and scalability.
The programme is strategically designed to offer practical, timely, and comprehensive interventions, encompassing all stages of business growth, while also driving market and investment readiness for the selected entrepreneurs.
🚀🌟 Exciting Opportunity!! The Ecobank Fintech Challenge 2023 Extended! 🌟🚀
📅 Great news for all aspiring innovators! The application period for the Ecobank Fintech Challenge 2023 has been extended until 28th July 2023 due to popular demand. Don't miss out on this incredible chance to apply today and potentially win $50,000 in prize money, while also getting the opportunity to scale your innovation across Africa with Ecobank🏦.
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LONGi's Hi-MO 7: Pioneering Sustainable Solar Solutions for Africa
LONGi, a leading innovator in the solar energy industry, is thrilled to announce its latest breakthrough for the utility power station market, the Hi-MO 7. This cutting-edge solar module, based on high-efficiency HPDC cell technology (High Performance and Hybrid Passivated Dual-Junction Cell), represents a significant advancement in the world of HPC cell technology, propelling the industry towards a more sustainable future.
The Hi-MO 7 retains the popular M10 module size while delivering an astonishing 580 W of mass power production capacity and an impressive conversion efficiency ratio of 22.5%. These exceptional figures are a testament to the effectiveness of HPDC cell technology, bringing enhanced efficiency, superior power temperature coefficient, and unparalleled reliability to the Hi-MO 7.
Suffolk Fashion Retailer Javelin Undergoes Ownership Transition After 34 Years
After an impressive 34 years of Jeremy and Joanna Clayton's leadership, Javelin, the renowned fashion retailer with stores in Bury St Edmunds and Sudbury, is set to undergo a change in ownership. The transition marks a new chapter for the company, bringing both opportunities and challenges to the forefront.
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Popular American actor, Angus Cloud Is Dead..
Angus who starred in HBO’s hit series Euphoria died on Monday at the age of 25. Cloud, who played drug dealer Fezco “Fez” O’Neill in the teen drama, died at his family home in Oakland, California, the United States in a suspected drug case, BBC reported
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Apple's iPhone 15 Event Anticipated for September 12 or 13, Launch Set on September 22
According to Bloomberg's Mark Gurman in his Power On newsletter, Apple's highly-anticipated annual iPhone event is expected to occur on either Tuesday, September 12, or Wednesday, September 13, this year. As per Apple's usual schedule, pre-orders for the new iPhones are projected to commence a few days later, specifically on Friday, September 15, with the official launch scheduled for September 22.
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Meta's Threads Faces Debate Amid Engagement Decline
As Meta's Threads grapples with a decline in user engagement, brands and creators are engaging in discussions about the platform's future. Recent data from app tracking firm Sensor Tower reveals a 20% decrease in active users and a significant 50% reduction in time spent on the app, with users spending only 10 minutes compared to the previous 20 minutes. While Twitter has successfully established itself as a go-to platform for live breaking news and events, Threads, under the leadership of Adam Mosseri, head of Instagram and Threads, has emphasized its disinterest in bolstering news and political content.
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End of Affirmative Action at Colleges Poses Challenges for Corporate Hiring
The recent end of affirmative action at colleges has sparked anticipation among business leaders and academic administrators about its potential impact on corporate hiring practices. One of the major concerns is that the elimination of affirmative action may lead to a less diverse applicant pool for companies to recruit new workers. This poses new challenges for companies' own diversity, equity, and inclusion efforts and could have negative repercussions on the global perception of the United States.
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Niger's Coup Leaders Face Deadline Amid Looming Military Action
The political situation in Niger has escalated as the leaders of a coup in the country refuse to step down despite pressure from neighboring countries. The Economic Community of West African States (ECOWAS), a regional bloc, has issued a deadline for the Nigerien military to release and reinstate the ousted president, Mohamed Bazoum, by Sunday. Failure to comply may result in possible military action.
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Reevaluating Venture Debt: Impact on African Progress and Business Development
Venture debt, as a financing option, has faced mixed perceptions, with its suitability varying based on the company's stage and financial needs. David Spreng, founder and CEO of Runway Growth Capital, sheds light on the potential benefits and misconceptions surrounding venture debt. As African businesses continue to evolve, understanding the pros and cons of venture debt can influence their growth strategies.
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Frugal Approach Propels Lula's Growth Amid Market Downturn
Lula, a startup aiming to be the "Stripe for insurance," has successfully raised $35.5 million in a Series B funding round, co-led by NextView Ventures and Khosla Ventures, at a valuation reportedly five times higher than two years ago. The company's ability to secure substantial funding in a quieter funding season can be attributed to its frugal approach and focus on building a fundamentally sound business. Co-founders, twin brothers Michael and Matthew Vega-Sanz, adopted a cost-conscious mentality and tightened their belts, anticipating market challenges and potential difficulties in fundraising.
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Mobile Apps Embrace Gamified UX and Paywall Optimization
Mobile app developers are finding new ways to retain subscribers in an increasingly competitive market. With mobile subscription prices on the rise and challenges in retaining users, gamified user experiences (UX) and paywall optimization are emerging as effective strategies. Cyber insurance providers are also pushing companies to enhance their security measures, which can have positive impacts on business development.
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Thomson Reuters Embraces AI to Enhance Productivity and Empower Employees
Thomson Reuters, a renowned news and information organization with a long history, is leveraging AI to enhance productivity rather than replace jobs. Despite the emergence of generative AI and its potential for automation, the company views AI as a tool to assist employees and customers, making information retrieval faster and improving operational efficiency.
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The UK's Potential as a DeFi Jurisdiction: Law Commission's Report
Digital assets often face the challenge of regulations arriving either too early or too late, hindering their development and leaving areas vulnerable to fraud. The Law Commission's final report on digital assets proposes a novel approach that could position the UK as a preferred jurisdiction for DeFi (Decentralized Finance) and other digital asset structures. By addressing legal uncertainties surrounding digital assets, the UK aims to foster a more robust digital asset economy.
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Generative AI's Impact on Startup PR: Strategies for Success
Generative AI is poised to revolutionize startup PR strategies, offering both opportunities and challenges. As the Associated Press partners with OpenAI and media job cuts rise, startups must navigate the evolving landscape to effectively communicate their stories. While AI-generated content might flood the internet, startups that harness human stories will stand out amidst the noise.
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Reed Jobs Launches $200 Million Venture Fund for Cancer Treatments
Reed Jobs, the son of Apple co-founder Steve Jobs and philanthropist Laurene Powell Jobs, has announced the establishment of Yosemite, a venture capital firm aimed at investing in innovative cancer treatments. The 31-year-old is stepping into the spotlight with this venture, marking a departure from his behind-the-scenes roles. The firm has secured $200 million for its debut fund from notable individuals and institutions, including MIT, Memorial Sloan Kettering Cancer Center, and John Doerr.
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India Advances Data Privacy Bill Amidst Controversy
India's lower house of parliament has approved the revised Digital Personal Data Protection Bill, despite facing criticism for granting discretionary authority to the government, particularly Prime Minister Narendra Modi's administration. The bill mandates companies to obtain explicit user consent before processing their data, with certain legitimate uses exempted. It also allows data processing without consent in specific situations. The bill empowers the Indian government to establish a data protection board, appoint its members, and grants immunity to the government and the board from legal action.
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Twitch Streamer's PS5 Giveaway Leads to Chaos in Union Square
A real-life stream and giveaway organized by Twitch streamers Kai Cenat and Fanum in Union Square turned into chaos as fans flocked to the event, causing disruptions and shutting down lower Manhattan. The streamers had promised to distribute gift cards, gaming PC equipment, and PlayStation 5s to attendees. Kai Cenat, with a substantial online following, promoted the giveaway on social media platforms. However, the event quickly escalated beyond control as thousands of fans gathered in the park before the scheduled time. Police had to intervene due to the large gathering, and the situation devolved into fights and disturbances, with individuals climbing vehicles and disrupting traffic.
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Vijay Shekhar Sharma Acquires Stake in Paytm from Ant Financial in Strategic Move
Vijay Shekhar Sharma, the founder and CEO of Paytm, has acquired a 10.30% stake in the Indian financial services firm from Ant Financial, a subsidiary of Alibaba Group. The deal, valued at $628 million, is designed to reduce Paytm's exposure to the Chinese company and enhance its suitability for obtaining future licenses in India. Resilient Asset Management, fully owned by Vijay Shekhar Sharma, is facilitating the acquisition without any cash payment. The stake purchase is being executed at Paytm's share closing price on August 04, marking a strategic move to increase Sharma's stake in the company and lower Ant Financial's shareholding. The acquisition allows Paytm to gain greater control over its ownership structure and strategic decisions, aligning with the Indian government's push for self-reliance in key sectors. The move also signals a shift towards strengthening Paytm's financial position and regulatory compliance, enhancing its prospects for expansion and innovation.
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One Model Secures $41M Funding to Enhance AI-Powered HR Decision Making
One Model, a data science platform that leverages AI to assist employers in making informed decisions about HR processes such as recruitment, hiring, promotions, and workforce planning, has raised $41 million in a funding round led by Riverwood Capital. Christopher Butler, CEO of One Model, revealed that the funding will be utilized to bolster growth initiatives, particularly in technology, product development, customer success, and market expansion. One Model aims to expand its people analytics product offering to cater to a diverse range of audiences, including data scientists, analysts, people managers, and C-level executives. The platform provides tailored content through alerts, notifications, and individualized reporting, enhancing actionable insights for analysts and decision-makers. Furthermore, One Model's investment in AI will enhance the delivery of actionable forecasts while maintaining a strong focus on ethical and data governance practices.
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Scientists Achieve Improved Fusion Power Experiment, Potentially Transforming Energy Landscape
Researchers at a Department of Energy (DOE) laboratory have successfully repeated their breakthrough fusion power experiment, yielding even more impressive results. In the experiment, lasers converged on a small gold cylinder containing a diamond-coated, deuterium-tritium fuel pellet. The energy from the lasers was transformed into X-rays, which bombarded the fuel pellet, causing it to implode and trigger a nuclear fusion reaction. The recent experiment produced over 3.5 megajoules of energy, exceeding the previous 3.15 megajoules achieved in December. The lab confirmed the successful repetition and plans to publish the details in a scientific conference or peer-reviewed publication.
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Colorado Ransomware Attack Exposes 16 Years of School Data: Implications and Analysis
The state of Colorado has issued a warning to students and teachers about a recent ransomware attack that exposed personal information dating back to 2004. The Colorado Department of Higher Education (CDHE) confirmed that hackers accessed and copied data from its systems, compromising student and teacher names, addresses, Social Security numbers, student identification numbers, and other education records. The breach affects individuals who attended public higher education institutions or high schools in Colorado between certain years.
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Zoom Launches Asynchronous Video Tool "Zoom Clips": Implications and Analysis
Zoom has introduced a new tool called "Zoom Clips," which allows users to record, edit, and share video clips without the need for live meetings. This tool aims to diversify Zoom's product offerings and provide a more flexible way for users to communicate through video content.
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YouTube Introduces Enhanced 1080p Video Quality to the Web: Implications and Analysis
YouTube has expanded its enhanced 1080p video quality option, initially launched for Premium subscribers on mobile, to its web platform. This move aims to provide a higher-quality video experience for users on a wider range of devices and platforms.
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Microsoft's Bing Chat Expands to Third-Party Browsers: Implications and Analysis
Microsoft's Bing Chat, similar to ChatGPT, is expanding its availability to third-party browsers, including mobile devices. This move reflects Microsoft's strategy to compete in the AI space across various platforms beyond its own, aiming to rival other browsers' built-in AI tools, such as Google's generative AI search features.
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Is the Smartphone Market Reaching Its Peak? Analysis of Equity Podcast
The Equity podcast discusses the current state of the smartphone market, with a focus on Apple's recent earnings report and its impact on the industry. The hosts also touch on other tech news, including the global stock market trends, crypto performance, and controversial internet privacy legislation in India.s
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Boeing's Starliner Delay and Its Implications
Boeing's CST-100 Starliner crew capsule, part of NASA's Commercial Crew program, is facing further delays with its estimated readiness to fly crew now pushed to March 2024. This prolonged delay is a setback to the already-delayed program and could have implications for both the space industry and broader technological progress.
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