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They are famous, with towering valuation, but are they profitable? How do they try to turn profit? We examined six billion-dollar tech companies and see where the money comes from. It’s Thursday, 9th October 2015 and here is the roundup of today’s stories.

Four lessons for startups from the Silicon Valley TV series

Between the gags and overflowing bowl of pretzels for the evening chill time, the comedic HBO series, Sillicon Valley promises salient lessons for the entrepreneur. Gigantic spoilers in this post, but worth your read.

How your favorite websites make money

Isn’t it weird that the most visited websites in the world are free, yet they turn in huge profits? How come?

OgaVenue wants to be a comprehensive listing of event venues in Nigeria

The amount of time event organizers spend on finding a venue is just atrocious, sometimes up to a month. OgaVenue is a venue listing and booking service that aims to cut back that time to less than 10 minutes.

Thirteen films about life In Silicon Valley and startups

Critics are raving about the Steve Jobs movie. We are excited about it as well and To celebrate the box office debut, we look at other films that give us a glimpse into life in Silicon Valley and building tech-enabled companies.

Why more African businesses should embrace the telecommuting culture

As Africa continues to develop, traffic congestions can only get worse. Maybe it’s high time we adopted a new working culture – stay-at-home workers.

Don’t miss:

Google’s response to Apple Ad-blockers, AMP [The Guardian]

With Ad-blockers, Google’s Ad business will take a big hit. The most popular excuse for installing Ad blockers in all their variants is the length of time it takes to load pages. Google thought about it and came up with AMP – Accelerated Mobile Pages. The project is about improving loading speed of web pages on smartphones and tablets.

Econet retrenches 100 employees as operational & regulatory challenges take their toll [TechZim]

Econet has just reported that it has retrenched 100 employees in efforts to streamline operations in an environment where revenues have fallen.

Millicom claims stake in Helios Towers Africa

Millicom and Helios Towers Africa (“HTA”), one of the leading, independent telecommunications towers companies in Africa, today announced that Millicom will own 24% of shares in HTA on a fully diluted basis following a shareholding reorganisation.

Gbenga Onalaja Author

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