Business

Armed with a BSc, Chemistry from The University of Manchester, Jason Njoku, CEO and Co-founder of iROKO Partners left London for Lagos in what could have seemed a wrong move.

But Jason Njoku with his fearless determination saw success ahead, the CEO and Co-founder of Iroko Partners, world’s largest digital distributors of Nigerian music and movies, with a library of over 1600 licensed movies.

It is that time of year again, when the digital and tech world looked up from their busy workload just long enough to make sure that they are “represented” with a kickass submission for a panel or two at the most prestigious conference all year, SXSWi (South by Southwest Interactive Festival).

YouTube today announced its new app for iPhone and iPod touch weeks after its license with Apple to develop and preload the app in the iPhone iPod touch expired.

eBay has introduced a new and efficient optional way to manage returns to replace the old system after clients requests.

In a blog post, eBay says,” With a variety of return procedures, restrictions and policies, it’s often impossible to know what returning an eBay purchase will be like. Sometimes it can be fast and easy; other times it’s like pulling teeth.”

There are so many activities and events that have sprouted this year to support the thriving tech scene in Southern California. From LA Demo Day to Silicon Beach Fest to Crowdstart LA to hackathons to Startup Weekends, companies and entrepreneurs alike have joined forces to feed the startup ecosystem. With all these many activities and so many people coming together it becomes inevitable that situations may arise that can interfere with the community’s best interest.

Mark Zuckerberg has hired World-renowned 83 year-old architect Frank Gehry to design the new Facebook HQ.

Mark said in a post,” I’m excited to work with Frank Gehry to design our new campus. The idea is to make the perfect engineering space: one giant room that fits thousands of people, all close enough to collaborate together. It will be the largest open floor plan in the world.”

PayPal and Discover have partnered to serve millions of their clients shipping from in-store locations starting in 2013.

Don Kingsborough, VP of Retail and Prepaid Products at PayPal says that the partnership will bring the convenience, security and functionality of PayPal to them.

Goko, a new HTML5 games company based in Redwood City California is set to help game developers easily distribute and monetize social games. Goko was founded by Ted Griggs as CEO and Kevin Binkley as CTO.

Goko is backed by Redpoint Ventures and Aslop Louie Partners from whom it raised raised $8m in Series A funding.

As IBM goes flash with its acquisition of Texas Memory Systems and the recent public launch of Data Collective for Big Data entrepreneurs DNA was the least expected move for storage.

A Harvard researcher says data can now be stored in human DNA devices with more capacity to store exploding quantities of digital data.

Google has confirmed it firing 20 percent of Motorola Mobility employees. A company it bought in May.

The company will also close a third of its offices worldwide. According to Google’s SEC filing on the 3rd this month and signed on the 13th 2012 Google will go ahead with and reduce the motorola unit’s 20,000 employees by 4,000 with two thirds of the cut in the US.