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Techloy

Techloy

Breaking business news and reporting financial data for the technology industry in emerging markets globally. Get in touch: editor@techloy.com

Amazon is hiring Lagos-based Software Developers who wish to relocate to Canada, Ireland, and the U.S.

Amazon is hiring Lagos-based Software Developers who wish to relocate to Canada, Ireland, and the U.S.

American retail technology giant Amazon is looking for high-caliber and tested Software Development Engineers who are based in Lagos, Nigeria to work on innovative and leading technologies. According to the company, the software developers will be responsible for solving algorithmically complex problems, and front-end and back-end services that can scale

REPORT: Tech Layoffs in emerging markets of 2022

REPORT: Tech Layoffs in emerging markets of 2022

The post-pandemic funding boom is gradually winding down with reverberating layoffs in tech startups across the world. According to Techloy startup layoff tally since the beginning of 2022, around 10,000 employees in the technology sector across Asia, Africa, Latin America, and the Middle East have been laid off in

To new beginnings 👶

To new beginnings 👶

Gosh! It's already six months into 2022 and I haven't read a single book yet.🤦 Oh sorry, I actually read one: How To Make a New Year's Resolution and Not Keep It by Whois Toblame. 👀 Well, there's been so much going on around the world to really be able to

China's smartphone sales fell 10% YoY during this year's 618 e-commerce festival

China's smartphone sales fell 10% YoY during this year's 618 e-commerce festival

The annual 618 e-commerce festival in China, which ran from May 31 to June 18 this year and provides an important indicator for predicting consumer sentiment in China, witnessed a decrease in smartphone sales year on year. According to Counterpoint Research analyst Mengmeng Zhang, discounts and promotions during the 618

❄ Winter is coming

❄ Winter is coming

How else would you describe the shortage of fundraising by startups across regions? From Africa to Asia, from Latin America to the Middle East, startups are already feeling the crunch in finding new funding to launch or scale-up. Does this mean that winter is coming? Well, while I don't want

UK tech startup investment breaks first quarter record and overtakes India and China for the first time

UK tech startup investment breaks first quarter record and overtakes India and China for the first time

Venture Capital investment into UK-based tech startups saw the biggest annual opening on record despite the start of global economic uncertainty, with $11.3 billion raised in Q1 of 2022 compared to $7.9bn in Q1 of 2021, according to data from Dealroom and Tech Nation. As of the date

India's $30 billion investment in semiconductor production could make it become a major global supplier

India's $30 billion investment in semiconductor production could make it become a major global supplier

Why do you think the prices of smartphones, laptops, tablets, and other electronics are going up? Of course, there are many reasons for that. One major cause is the global shortage of chips. The COVID-19 pandemic caused industries to slow down chip production and the lockdown caused more people to

Apple got us feeling mushy this week during #WWDC22

Apple got us feeling mushy this week during #WWDC22

Each year, Apple, the world's largest company by market capitalization, holds its developer conference called Worldwide Developers Conference (#WWDC22), and this year's event, which started on Monday, April 6 through Friday, April 10, featured the biggest and latest update to its operating systems for the iPhone, iPad, and the Mac,

Fintech company MFS Africa acquires US-based prepaid card processor

Fintech company MFS Africa acquires US-based prepaid card processor

MFS Africa, one of the leading digital payments network in Africa announced today it will buy Global Technology Partners (GTP), a US tech company, for an undisclosed fee. * GTP processes prepaid cards in Africa, with over 80 banks including UBA, Ecobank, BIA, Stanbic, Coris, NSIA and Zenith Bank using its

🧑‍💻 India's self-reliance on local production leads to significant growth in PC shipments

🧑‍💻 India's self-reliance on local production leads to significant growth in PC shipments

💔We offer our deepest condolences to the families and friends of the victims of a fatal terrorist attack on a church in Owo, Ondo State in Nigeria on Sunday. Our prayers are with them and the people of Ondo. - Techloy Team If you thought that we forgot to bring