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Google now trillion-dollar business

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Google, a multinational technology company has earned a trillion-dollar market capitalisation value. This is coming for the first time since joining a rarefied group of mega-corporations at the zenith of American capitalism.

The Drum, a London-based online Marketing Magazine reports that the tech titan has pleased investors with a flood of cash continuing to pour in despite recent concerns over brand safety, privacy and a €1.5bn EU fine over ‘illegal’ online ad contracts; passing a psychologically important barrier which puts it in the same league as Apple, Amazon and Microsoft.

This financial success is driven by the four pillars of Google’s business; search, advertising, YouTube and Android, with expectations high that its nascent Cloud business can establish itself as a fifth pillar after doubling revenues to $2bn between February 2018 and July last year.

Reports have it that Google’s stratospheric recent ascendancy is being attributed to the leadership of chief exec Sundar Pichai and follows a surprise decision of Alphabet’s co-founders Larry Page and Sergey Brin to stand down from the business.

Google.com remains the most visited website in the world. Several other Google services also figure in the top 100 most visited websites, including YouTube and Blogger. Google was the most valuable brand in the world as of 2017, but has received significant criticism involving issues such as privacy concerns, tax avoidance, antitrust, censorship, and search neutrality. Google’s mission statement is “to organise the world’s information and make it universally accessible and useful”.

Source: City News

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Ogun Court Denies Portable Bail Over Assault, Theft Charges; Remanded Until Jan 19

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Controversial singer Habeeb Okikiola, popularly known as Portable, was on Monday arraigned before the Federal High Court in Ota, Ogun State, over criminal charges including assault and resisting arrest.

 

Confirming the development to our correspondent, the Ogun State Police Public Relations Officer, Oluseyi Babaseyi, said Portable was arrested and arraigned in Ota on Monday.

 

“Yes, he was arraigned and remanded yesterday,” Babaseyi said on Tuesday.

 

Portable’s arraignment followed a viral video that surfaced on Sunday showing him in handcuffs, shirtless and tearfully pleading while seated on a couch in what appeared to be a police holding area.

 

His arrest reportedly followed allegations of assault against actress and skit maker Omobolarinde Akinyanju, better known as Ashabi Simple, who is one of the musician’s baby mamas and the mother of one of his children.

 

In court, Vanguard reported that the prosecution alleged that the Zazu crooner attacked Ashabi, alongside some police officers and other individuals, at his bar in the Iyana Ilogbo area on New Year’s Day.

 

Other alleged victims named in the charge sheet include Ileyemi Damilola, Akinyanju Oluwabusayomi, Olowu Olumide, Demilade Ogunniyi and Ebuka Odah.

 

The prosecution further alleged that Portable stole a Mercedes-Benz E300 valued at ₦12 million, belonging to Ileyemi Damilola and associated with car dealer Wally Dex Auto.

 

During the proceedings, two siblings of Ashabi Simple testified as witnesses to the alleged assault, although Ashabi herself was absent from court.

 

Police also alleged that the singer obstructed and assaulted a female police inspector, Ogungbe Olayemi, while she was performing her official duties.

 

The presiding judge declined to grant the singer bail, citing the absence of the allegedly assaulted police officer in court.

 

The judge ruled that the officer must be present before a decision on the bail application could be made and consequently remanded Portable in custody, adjourning the bail hearing to January 19.

 

Meanwhile, the Ogun State Police Command has ordered an investigation into a separate viral video allegedly showing the singer being assaulted while in custody.

 

 

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Just In: U.S. Strengthens Nigeria’s Security With Major New Military Shipment

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The United States has delivered military supplies to Nigerian security agencies in support of ongoing operations in the country.

 

The United States Africa Command, AFRICOM, announced the delivery in a post on X on Tuesday.

 

“US forces delivered critical military supplies to our Nigerian partners in Abuja. This delivery supports Nigeria’s ongoing operations and emphasizes our shared security partnership,” AFRICOM said on X.

 

Nigeria in recent times has faced an upsurge of insecurity, with hundreds being kidnapped.

 

US forces launched airstrikes on terrorist enclaves in North-West Nigeria on Christmas Day.

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Chief (Mrs.) Lucia Onabanjo, Widow Of Bisi Onabanjo, Dies At 100

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Chief (Mrs.) Lucia Onabowale Onabanjo, the widow of Ogun State’s first civilian governor, Chief Victor Olabisi Onabanjo, has passed away at the age of 100.

 

Her passing was announced by her daughter, Ms Olubukunola Onabanjo, on Tuesday.

 

According to Ms Onabanjo, the matriarch of the Onabanjo dynasty died at the age of 100.

 

She said in a statement: “The family of Chief Victor Olabisi Onabanjo, former Governor of Ogun State, announces with deep sorrow, yet with gratitude to Almighty God, the passing of our beloved mother, grandmother and great-grandmother.

 

“Chief (Mrs) Lucia Onabowale Onabanjo (1925–2026) was called to glory on Monday, January 11.

 

“We thank God for her long and fulfilled life, and for the enduring legacy of love, strength and faith she leaves behind.

 

“May her soul rest in perfect peace.”

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