Day: May 8, 2018

Facebook, Google under EFF scrutiny to explain removed posts

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The Electronic Frontier Foundation asks tech giants to be more transparent on how and why your content is removed. Ever noticed one of your Facebook posts disappear without explanation? You’re not the only one. Not-for-profit Electronic Frontier Foundation (EFF) and a coalition of digital rights groups have called on big tech companies like Facebook, Twitter and Google, to explain decisions behind removed content as well as improve appeals policies. They published a document on Monday titled “The Santa Clara Principles,” asking tech companies to disclose details concerning “content removals, account suspensions, appeals, and…

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Lagos government receives $400,000 Ford foundation grant for proposed museum project

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The Lagos State Government yesterday said it had received $400,000 out of the $600,000 grant donated by the Ford Foundation for the proposed Lagos Museum project to be sited at the New Eko Court, Marina. Commissioner for Tourism, Arts and Culture, Mr. Steve Ayorinde disclosed this, while addressing journalists at the annual Ministerial press briefing to mark the third year anniversary of Governor Akinwunmi Ambode’s administration, held in Alausa, Ikeja. The commissioner, who also unveiled that the state’s Tourism Master Plan, said it had adequately captured the potentials of spiritual…

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Warren Buffet loses billions, first time in 9 years

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Warren Buffett has reported a $1.14 billion loss at Buffett’s Berkshire Hathaway Inc. in the first quarter, the Omaha, Nebraska-based company said. That marked the company’s first net loss since 2009. The loss was caused by new accounting-rule changes, which the Oracle of Omaha had predicted would cause nightmares. The rules require Berkshire to report unrealised gains or losses in equity investments in net income. The “requirement will produce some truly wild and capricious swings in our GAAP bottom line,” Buffett warned in his annual letter to shareholders released in February. The…

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Arsene Wenger: I’m getting more job offers than expected

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Arsene Wenger says he has had plenty of job offers since announcing his plans to leave Arsenal this summer, but he remains no closer to deciding where he will go after his tenure ends. The Frenchman deflected more questions about who his successor at Arsenal should be, but agreed that the club should try to make an appointment well before the World Cup starts in June. Wenger’s 22-year-reign as Gunners boss is in its final week, with only two Premier League games at Leicester and Huddersfield left. The 68-year-old has…

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Oil prices fall as market awaits Donald Trump decision on Iran

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Oil prices retreated from 3-1/2 year highs on Tuesday as investors waited on an announcement by President Donald Trump on whether the United States will reimpose sanctions on Iran, according to Reuters reports. Should Trump pull the United States out of a multi-nation agreement on Tehran’s nuclear program, Iranian crude exports could be hit, adding to tightness in the oil market, which is coming back into balance after years of glut. U.S. West Texas Intermediate (WTI) crude futures CLc1 had dropped 78 cents, or 1.1 percent, to $69.95 a barrel…

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Senator Saraki: National Assembly to pass 2018 budget next week

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Senate President Bukola Saraki says the national assembly will pass the 2018 appropriation bill next week. This contradicts the earlier date the house of representatives set for the passage of the budget. Last week, Abdulrazaak Namdas, spokesman of the house of representatives, said the budget would be laid before the lawmakers on Tuesday and passed within the week. “By next week (ie. this week), everything about the budget will be treated and passed,” he had said. But addressing state house correspondents after meeting with President Muhammadu Buhari alongside Yakubu Dogara,…

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Buhari begins 4-day medical vacation in UK

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President Muhammadu Buhari will on Tuesday begin a four-day trip to the United Kingdom on medical vacation, the President’s Senior Special Assistant on Media and Publicity, Malam Garba Shehu said. The presidential aide disclosed this in Abuja on Monday. “In the course of the technical stop-over for aircraft maintenance in London on his way back from Washington last week, the President had a meeting with his doctor. “The doctor requested the President to return for a meeting which he agreed to do.” Shehu stated that the President, who will return…

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Former President Lula vows to contest Brazil’s elections from jail

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Brazil’s former president Luiz Inacio Lula da Silva says he is “very much a candidate” in the elections coming up in October, despite having been in jail for a month, the newspaper Folha de Sao Paulo reported Monday. The message was given by theologian Leonardo Boff, who visited Lula in prison in the southern city of Curitiba. Lula will only renounce his candidacy if it is proven that he owned a penthouse which he allegedly renovated in a corrupt deal, according to Boff. “He wants to return to power to…

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