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Twitter Reportedly Wanted Clubhouse For $4 Million

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Twitter allegedly discussed plans to acquire the social audio app, Clubhouse for a fee of around $4 million, reports have claimed.

This is coming after the bird app had already built its own audio feature, Spaces to serve as a competition.

However, reports are also saying that the discussions are no longer ongoing as they stalled; it is unclear the reason for this though.

Questions like who took the first approach for the acquisition are some of the controversies ongoing.

There has been no statement from any of the parties involved to answer the questions.

However, there had been a report that Clubhouse was allegedly looking to raise funds at about $4 million round valuation from investors.

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At the period the report came in, there were uncertainties on who the investors were and how much the company really wants to raise.

Logically, it might be that Clubhouse made the first approach, as the sum tallies with its prospective round funding.

However, it’s just speculation as there is no official statement from any of the parties.

The audio app’s popularity has grown recently
Clubhouse has been in existence since April 2020; it wasn’t so popular as when it came.

However, later on, it started to attract world influencers, tech gurus, celebrities, CEO and normal people.

They began to tune in on its platform and hold discussions on several subjects.

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Interestingly, the idea of the app had triggered many other platforms to build something similar; Twitter’s Spaces, Facebook’s Room and LinkedIn, Microsoft.Inc, Spotify, Discord and Slacks have said they are planning on building a similar platform in their system.

This has created many competitions for the social platform as these other platforms already have an in-built number of users on their platform.

Also, they had a fully equipped website and apps, that are available to Android, iOS and desktop users.

Despite this, the audio app has been doing well with over 10 million users; it is an invite-only audio app for iOS users, which makes it limited compared to others.

Still, Clubhouse has been trying to innovate its platform.

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It is planning on building the Android version of its platform for Android users.

Also, to increase the value the app gives to a creator, it plans on creating a tipping system.

Whereby, users can tip a creator they like on the platform.

Clubhouse said it would not be getting any revenue from that.

What could happen if the acquisition is verified?
If the acquisition is said to be true by both parties, it would mean Twitter would emerge as a force in the ongoing competition of audio platforms.

Also, it would mean one competition less for Twitter.

Twitter would be able to get a user base from Clubhouse to its platform.

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Blackberry Phones: Operating System stops working from January 4

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Blackberry Phones: Operating System stops working from January 4 - Naija News 247

Starting from today, Tuesday, 4th of January 2022, BlackBerry phones will stop functioning as the Canadian firm; now a specialist in cyber-security software, turns off its BlackBerry OS support.

Blackberry Phones
Blackberry Phones: Operating System stops working from January 4

According to the company, the devices will henceforth lack the ability to receive over the air provisioning updates as the functionality will no longer be expected to reliably function, including for data, phone calls, SMS and 9-1-1 functionality. It added that applications will also have limited functionality.

With heavy competition from the likes of Apple Inc.’s iPhone and Android handsets that are constantly innovating around larger displays, better graphics and wider app offerings to meet market demand during the past decade, the company’s appeal had begun to wane slowly.

READ ALSO:  Whatsapp Will Stop Working On These Phones From November 2021 (Full List)

What does this mean?

With the development, owners of Blackberry devices won’t be able to make or receive calls, send texts and use wi-fi or access mobile data. This also affects smartphones running on BlackBerry 7.1 OS and earlier, the BlackBerry 10 operating system and the tablet-based BlackBerry PlayBook OS.

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While blackberry products such as antique Q10 may just serve as a backup for contact number as it ceases to function, only the 2016 Blackberry-branded phones, which were made under licence by Chinese firm TCL, will still work as they use the Android operating system.

What you should know

In addition to the dip in the number of blackberry users over time, the support and function have also sunk. While support for many apps like the BBC iPlayer and WhatsApp was withdrawn from BlackBerry OS devices, YouTube stopped working too on Blackberry not long ago as some apps have also become non-existent for users of the device.

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In 2016, the Canadian company stopped making its own smartphones as it shifted focus to a software-only business thus, licensing its brand and services to TCL Communication Technology Holdings Ltd., which had continued to release devices until its deal ran out in 2020. The TCL devices were powered by Alphabet Inc.’s Android OS and will be supported until August.

Naija News 247

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Mufasa Inu Token: Price, Contract Address

Mufasa Inu: what is Mufasa Inu? Mufasa inu contract address? And other related questions will be light to by Naija News 247 in this article.

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Mufasa Inu Token: Price, Contract Address - Naija News 247

Mufasa Inu: what is Mufasa Inu? Mufasa inu contract address? And other related questions will be light to by Naija News 247 in this article.

Mufasa Inu Token: Price, Contract Address - Naija News 247
Mufasa Inu Token: Price, Contract Address

What is Mufasa Inu?

Mufasa INU is a DEFI Deflationary BSC Token Protocol aimed at empowering the world.

MFSAInu has the majority of its tokens locked and an allocated portion of supply burnt every month.

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MFSAInu provides intrinsic value, high worth and a robust ecosystem. The King of the INUs is here to retake the throne!

The MUFASA INU token is built to function on the Binance Smart Chain Blockchain, known for its speed, low transaction fees and several benefits. It is the best choice for the deployment of the $MFSA Token.

READ ALSO:  eNaira: Nigeria Digital Currency Guidelines Released By CBN

The total marketcap of the $MFSA Token is 1 Billion. With over 20% allocated for burn.

Mufasa inu token contract address

Below is the correct and verified Mufasa inu token contract address

$MFSA Contract Address is 0x1d61d2616464F9A227D05ddED4f586697fe6FE77

Mufasa Inu Price

Mufasa inu current price $0.006896 per token.

1 Mufasa Inu ($MFSA Token) = $0.006896

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You can follow current price on Coincapmarket

What is the total supply of $MFSA Token?

The total marketcap of the $MFSA Token is 1 Billion. With over 20% allocated for burn

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eNaira: Nigeria Digital Currency Guidelines Released By CBN

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Enaira: Reasons Why You Should Use The Digital Currency

Following the launch of the eNaira by President Muhammadu Buhari, the application for the digital currency introduced by the CBN is available for download.

Enaira: Reasons Why You Should Use The Digital Currency

CBN said the applications has received more than 5,000 downloads within hours of the launch.

This is as the apex bank released regulatory guidelines which stipulate that charges for transactions that originate from the eNaira platform will be free in the first 90 days commencing from Oct. 25.

After this period, applicable charges as outlined in the Guide to Charges by Banks, Other Financial and Non-bank Financial Institutions will become effective.

The eNaira speedwallet app meant for individuals had, as at 4.pm, seen more than 5000 downloads while the eNaira speed merchant wallet had seen close to 1,000 downloads.

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According to the regulatory and issuance guidelines, banks will automatically be onboarded by the CBN while merchants will be onboarded once they download the app and individuals will have to onboard by themselves.

The guideline revealed that there would be different wallets for different stakeholders.

“The eNaira stock wallet belongs solely to the CBN and it shall warehouse all minted eNaira” the guideline stated.

It said that financial institutions were expected to maintain one treasury eNaira wallet to warehouse eNaira received from the CBN eNaira stock wallet.

“Financial Institutions (FI) may create eNaira sub-treasury wallets for branches tied to it and fund them from its single eNaira treasury wallet with the CBN and FI may create eNaira branch sub-wallets for its branches.

“The eNaira branch subwallet shall be funded from the treasury eNaira wallet.

“eNaira Merchant speed wallets shall be used solely for receiving and making eNaira payments for goods and services. eNaira speed wallets shall be available for end users to transact on the eNaira platform.”

To ensure security of funds, the enaira is expected to have two-factor authentication and other measures.

READ ALSO:  eNaira: Nigeria Digital Currency Guidelines Released By CBN

Meanwhile, daily transaction limits for Tier 0, which is just phone number without verified National Identity Number, was set at N20,00 with a balance limit of N120,000.

Tier1 category, which has a verified number has a N50,000 transaction limit and N300,000 balance limit.

Tier2 and Tier3 categories have daily transaction limits of N200,000 and N1 million as well as a N500,000 and N5 million balance limits while merchants have no limit.

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According to a circular signed by Mr Chibuzo Efobi, the CBN director Financial Policy and Regulation Department, the eNaira will compliment cash as a less costly, more efficient, generally acceptable safe and trusted means of payment and store of value.

“Additionally, it will improve monetary policy effectiveness, enhance government’s capacity to deploy targeted social interventions, provide alternative less costly channel for collection of government revenue and boost remittances through formal channels.

“The guidelines seek to provide simplicity in the operation of the eNaira, encourage general acceptability and use, promote low cost of transactions, drive financial inclusion while minimizing inherent risks of disintermediation or any negative impact on the financial system,” the statement reads in part.

NAIJANEWS247.COM

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