Business
Tech Expert, Zuckerberg trains with UFC champions, Adesanya, Alexander
The Meta Chief Executive Officer, Mark Zuckerberg, on Tuesday, was pictured training with UFC champions, Israel Adesanya and Alexander Volkanovski.
The picture of his training session with the UFC champions has further increased speculations on the possibility of an MMA fight between him and Twitter CEO, Elon Musk.
Recall that the prospect of an MMA showdown between the tech gurus started as an online banter some weeks back.
However, tension has heightened between the duo since Zuckerberg launched his Twitter-like app called Threads.
Threads launched on July 5, 2023, and has since gathered more than 100 million users worldwide.
However, Musk, the Tesla and SpaceX CEO believes Threads was only made possible by “cheating.”
Musk stated this while responding to a tweet reporting that Twitter was threatening to sue Facebook and Instagram’s parent company Meta for cheating with its new app Threads on Friday, July 7, 2023. Musk tweeted, “Competition is fine, cheating is not.”
As arguments heated over the new app online, the two tech moguls have once again renewed their banter challenge on having a showdown cage fight.
However, while some viewed the challenge for an MMA fight as playful banter between the influential figures, the anticipation surrounding this unlikely showdown continued to grow with both of them pictured training with MMA fighters.
Meanwhile, Zuckerberg while reacting to his picture with the UFC champions – Adesanya and Volkanovski wrote, “It’s an honour to train with you guys!”
Responding, “The Last Stylebender’ who posted photos of the training session, wrote, “No fugazi with Mark. This is Serious Business.”
Also, Volkanovski, the UFC featherweight kingpin responded, “@zuck you’re a beast! Always great to catch up.”
Musk also looks to be in a training session already as he was also spotted with UFC legend Georges St-Pierre on Tuesday, July 3, 2023.
Business
Naira Exchange Rates Thursday, August 27
Today, the Naira Black Market exchange rate for 1 US Dollar is 1405 Naira, while the Central Bank of Nigeria (CBN) sets the official exchange rate for the Nigerian Naira against dollars at N1,343.59.
Today, the Naira Black Market exchange rate for 1 US Dollar is 1405 Naira, while the Central Bank of Nigeria (CBN) sets the official exchange rate for the Naira against dollars at N1,343.59
BLACK MARKET RATES
US Dollar (USD) Buy ₦1,405 Sell ₦1,410
Great British Pound(GBP) Buy ₦1,895 Sell: ₦1,915
EURO (EUR) Buy ₦1,595 Sell ₦1,615
Canadian Dollar (CAD) Buy ₦1,020 Sell ₦1,080
South African Rand (ZAR) Buy ₦75 Sell ₦90
Ghana CEDI (GHS) Buy ₦95 Sell ₦110
West African CFA Buy ₦2, 300 Sell ₦2, 400
CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250
CBN Exchange Rates
US Dollar (USD) ₦1,343.59
Great British Pound (GBP) ₦1,827.96
EURO (EUR) ₦1,566.09
Swiss Franc (CHF) ₦1,668.44
Chinese Yuan (CNY) ₦199.87
Japanese Yen (Yen) ₦8.43
West African CFA (XOF) ₦2. 39
West African Unit Account (WAUA) ₦1,847.86
Saudi Riyal (SAR) ₦357.84
South African Rand (ZAR) ₦84.16
Business
Meta U.S. agrees to pay $18bn lawsuits over children’s social media addiction
Meta agreed for the next decade to restrict teenagers’ use of Facebook and Instagram to two hours a day and block all usage from midnight to 6 a.m., absent parental consent.
Meta Platforms on Wednesday agreed to make major changes to Facebook and Instagram and pay up to $18 billion to resolve claims by most U.S. states that it designed those platforms to addict children and misled consumers about their safety.
Reuters reported that the settlements end a federal trial that had been one of the highest-profile tests of allegations that social media companies harm children.
It said that while Meta will not undergo a fundamental overhaul, the accords represent a sweeping effort to define how it serves young users.
The focus of this case was to protect our kids,” Colorado Attorney General Phil Weiser said in a statement.
“The relief we are getting in this settlement is very meaningful and well beyond what any court has ordered or is likely to order.”
Meta agreed for the next decade to restrict teenagers’ use of Facebook and Instagram to two hours a day and block all usage from midnight to 6 a.m., absent parental consent.
These limits could be tightened if other social media companies adopt similar terms.
Meta will also enhance measures to prevent children from accessing age-restricted content.
The settlement does not require Meta, which denied wrongdoing in agreeing to settle, to abandon personalized recommendations or targeted advertising.
The total payout represents about three to four months of profit for the Menlo Park, California-based company.
Business
Naira Exchange Rates Wednesday, August 26
Today, the Naira Black Market exchange rate for 1 US Dollar is 1,400 Naira,. This means 100 US Dollars = 140,000 Naira.
BLACK MARKET RATES
US Dollar (USD) Buy ₦1,400 Sell ₦1,405
Great British Pound(GBP) Buy ₦1,900 Sell: ₦1,920
EURO (EUR) Buy ₦1,590 Sell ₦1,610
Canadian Dollar (CAD) Buy ₦1,020 Sell ₦1,080
South African Rand (ZAR) Buy ₦75 Sell ₦90
Ghana CEDI (GHS) Buy ₦95 Sell ₦110
West African CFA Buy ₦2, 300 Sell ₦2, 400
CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250
CBN Exchange Rates
US Dollar (USD) ₦1,346.98
Great British Pound (GBP) ₦1,837 54
EURO (EUR) ₦1,571.52
Swiss Franc (CHF) ₦1,678.89
Chinese Yuan (CNY) ₦200.37
Japanese Yen (Yen) ₦8.46
West African CFA (XOF) ₦2. 40
West African Unit Account (WAUA) ₦1,849. 43
Saudi Riyal (SAR) ₦358.73
South African Rand (ZAR) ₦84.11
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