Tech News This Week (43)

Buy, sell and own bitcoins with Paypal

In today’s digital world where a lot is happening at once, it’s easy to miss out on the news. Here are the highlights from this week’s tech news brought to you by Techative. In this week’s news, the Lekki massacre was viewed on Instagram Live, bitcoin adoption grows in Nigeria, Paypal allows cryptocurrency payments, Product Hunt hires a new CEO and Glassdoor reveals new job openings.

  1. The world watched Lekki massacre live on Instagram and Twitter.

The gruesome #LekkiMassacre earlier this week in Nigeria would not have been known and recorded without the interactive features on Instagram Live and Twitter, as Nigerians available on the scene – like DJ Switch – took to their social media accounts to air the live shootings at peaceful protesters in Lekki. Kudos to the Twitter and Instagram teams for always improving their features to give us the best feel.

2. Bitcoin adoption in Nigeria growing at a fast rate

Bitcoin in Nigeria

Driving factors of crytocurrency adoption in Nigeria include the presence of a predominantly young population, a weak currency, and large remittances from her diaspora community. Nigeria leads with the volume of bitcoin transactions in Africa. Recently, the #EndSARS protest organizers fighting against police brutality in Nigeria raised funds in bitcoin after Nigeria’s banks froze their accounts.

3. Shop from your favourite merchants with bitcoins using Paypal

PayPal Logo (PRNewsfoto/PayPal)

Paypal joined the cryptocurrency market on Wednesday, 21st October, 2020, to allow for the purchase, sales and ownership of bitcoin through its online wallet. The U.S digital payment company by 2021 will also allow customers to shop from up to 26 million different merchants. This is to encourage the mainstream adoption of digital currencies as an instrument of exchange. See more

4. Product Hunt has a New CEO

Product Hunt's New CEO: Josh Buckley header
Josh Buckley, Product Hunt’s new CEO

We have a new CEO but our mission remains the same: To build a welcoming community that empowers makers and surfaces awesome products.

– Ryan Hoover, Founder, Product Hunt

Product Hunt’s Founder, Ryan Hoover has announced the serial investor, Josh Buckley, as the new CEO. In his release this week, he passionately recapped the backstory of how the company started seven years ago with a single tweet. We hope that Josh Buckley with his experience and successful escapades will be able to carry on the vision of building a healthy environment that empowers creators.

5. Glassdoor reveals 22 companies with remote and part-time job vacancies

02 09 Top Companies for Part time and Remote work 1000x439 01

Glassdoor, a recruiting company built on the foundation of increasing workplace transparency, recently released a number of companies that have started to hire again for remote and part-time roles after the adverse effect on the labour market caused by COVID-19. Check out companies and roles that match your experience.

We hope you enjoyed this week’s updates. Stay tuned.

Facebook Comments