In a recent announcement, streaming giant Netflix revealed a staggering profit exceeding $2.3 billion for the first quarter of 2024. This disclosure came via a
Category: Business News
Business News: Stay Informed, Make Informed Decisions –
In the fast-paced world of business, staying informed is key. Our Business News category delivers the latest updates on corporate developments, financial markets, industry trends, and more. Whether you’re a seasoned professional, an aspiring entrepreneur, or simply interested in the business world, our timely and insightful news articles keep you in the know. Trust TDPel Media for your daily dose of business news and make informed decisions that matter.
Moderna Halts $200 Million Vaccine Plant Plans in Kenya Amid Shifting Demand Landscape
US biotech company Moderna has announced the suspension of its plans to establish a $200 million mRNA vaccine plant in Kenya. The decision comes as
STFC’s Digital and Quantum BICs Unveil First Cohort, Empowering UK Startups for Global Success
The Science and Technology Facilities Council (STFC) headquartered in Swindon, Wiltshire, UK, has introduced groundbreaking initiatives aimed at supporting and nurturing early-stage digital and quantum
Embassy of Ireland in South Africa Launches Irish Tech Challenge 2024: Opportunity for South African Tech Startups
The Embassy of Ireland in South Africa, alongside Wits University’s Tshimologong Digital Innovation Precinct, the Technology Innovation Agency (TIA), and the Department of Science &
Cure Healthcare Innovation Campus Launches XSeed Award to Support Minority- and Women-Led Startups in NYC
Cure, an innovative healthcare campus in New York City supported by Deerfield Management, has initiated the XSeed Award program. This annual competitive initiative aims to
Floating Point Secures $70M for Second Fund: NYC and Boston-Based VC Firm Invests in Complex Sectors
Floating Point, a venture capital firm based in both New York City and Boston, has successfully closed its second fund, securing $70 million in investments.
Bank of Uganda Raises Interest Rates to Combat Inflation Surge and Shilling Depreciation, Hits Seven-Year High at 10.25%
The Bank of Uganda (BoU) has announced its decision to raise interest rates for the second consecutive month, elevating them from 10% to 10.25%. This
Smart Society Ventures Emerges as Key Player in Decarbonization: New Investment Firm Aims to Propel Technological Solutions
Smart Society Ventures, a newly established venture capital firm, has made its debut in the realm of decarbonization. The firm aims to play a pivotal
Former PayPal CEO Dan Schulman Takes On New Role: Appointed Managing Partner at Valor Capital Group
In a notable development within the investment community, Dan Schulman, the former CEO of PayPal, transitions to a new role as Managing Partner at Valor
Infinix NOTE 40 Pro and Redmi NOTE 13 Pro Go Head-to-Head in the Mid-Range Smartphone Arena, Offering Premium Experiences at Affordable Prices
The unveiling of the Infinix NOTE 40 Pro and the Redmi NOTE 13 Pro has sparked fervent discussions among tech enthusiasts, highlighting the escalating battle
Ethos Capital Celebrates Milestone: Inaugural Fund Successfully Closes with $12 Million in Investments
Ethos Capital, a burgeoning investment firm, is jubilant as it announces the successful closure of its maiden venture fund, signaling a promising start to its
Standard Chartered Women in Technology Incubator Kenya Offers Unparalleled Opportunities for Women-Led Tech Startups
The Standard Chartered Women in Technology Incubator Kenya stands as a beacon of empowerment and opportunity for women in the tech industry across Africa. In
Revitalizing Nigeria’s Energy Landscape: TechCabal Daily Delves into Nation’s Strategic Initiatives
In the latest edition of TechCabal Daily, Nigeria’s renewed commitment to transforming its energy sector takes center stage. The publication delves into the nation’s strategic
NerdzFactory Launches Comprehensive NYSC Internship Program, Paving the Way for Next-Gen Nigerian Professionals
NerdzFactory, a leading organization committed to fostering innovation and professional development, has launched a comprehensive NYSC Internship Program aimed at nurturing the next generation of
NNPC/TotalEnergies ETT Fellowship: Transformative Opportunity for Nigerian Scholars to Study at MIT
The NNPC/TotalEnergies ETT Fellowship program presents an extraordinary chance for Nigerian scholars to enrich their academic experience by spending a semester at the prestigious Massachusetts