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Technology
Telcos Hail New USSD Billing Rule as NCC, CBN Tackle Bank Payment Default
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has endorsed a new billing framework…
Elon Musk’s xAI Nears $5 Billion Debt Raise Despite Tepid Investor Interest
Elon Musk’s artificial intelligence startup, xAI, is on course to secure $5 billion in fresh debt financing led by…
Wall Street Slips as Mideast Tensions and Fed Uncertainty Weigh on Markets
Wall Street futures declined on Tuesday amid growing investor caution as the Israel-Iran conflict entered its…
German AI Defence Start-up Helsing Secures €600 Million in Major Investment Round
German defence technology start-up Helsing has successfully raised €600 million in its latest funding round,…
OpenAI Considers Antitrust Action Against Microsoft Amid Partnership Tensions
OpenAI executives are weighing whether to accuse Microsoft, their largest investor, of anticompetitive practices,…
Beyond the Balance Sheet: Nigeria’s Bank Recapitalisation Spurs Debate on Profit…
With only months left before the Central Bank of Nigeria’s (CBN) recapitalisation deadline, banks in Nigeria are…
U.S. Futures Edge Up Amid Mideast Tensions and Fed Rate Speculation
U.S. stock futures showed modest gains on Monday, rebounding slightly after last week's sharp losses driven by…
Microsoft Commits to Keeping European Cloud Data Within EU Borders
Microsoft has announced a comprehensive plan to protect the data of its European cloud customers by ensuring all…
SEC Pushes for Recovery of N242bn in Unclaimed Dividends Amid Rising Backlog
The Securities and Exchange Commission (SEC) of Nigeria has revealed that unclaimed dividends in the nation’s…
Meta Appoints Arun Srinivas as India Head Amid Regulatory Scrutiny
Meta Platforms has named Arun Srinivas as its new Managing Director and Head for India, with the appointment…
DevSecFlow Launches AI-Powered Cybersecurity Platform to Fortify Nigeria’s Fintech…
DevSecFlow, a cybersecurity firm, has launched an advanced security operations platform called SECOYA, aimed at…
Sophos Supercharges Firewall Security with AI-Powered Threat Detection and…
Sophos, a global cybersecurity leader, has released an advanced update to its Sophos Firewall software,…
Nigeria’s Telecom Sector Bleeds $350 Million Annually on Diesel Amid Power Crisis…
Nigeria’s telecommunications industry spends over $350 million annually on diesel to power its infrastructure,…
Government Orders 10–15% Data Bundle Boost by July 1 to Improve…
In a major policy move aimed at improving internet accessibility across Ghana, the government has directed all…
France’s Mistral Launches Europe’s First AI Reasoning Model in Bid to Rival U.S.…
French AI startup Mistral has unveiled Europe’s first AI reasoning model, marking a significant step in the…
Crypto Exchange Bullish Quietly Files for U.S. IPO Amid Renewed Market Optimism
Peter Thiel-backed cryptocurrency exchange Bullish has reportedly filed confidentially for an initial public…
Meta and Nigerian Government Launch AI Accelerator to Drive Local Innovation
Meta, in collaboration with Nigeria’s Federal Ministry of Communications, Innovation, and Digital Economy…
Global Outage Hits OpenAI’s ChatGPT, Users Worldwide Left Disconnected
OpenAI’s ChatGPT, one of the world’s most popular AI-powered chatbots, experienced a significant global outage on…
Google Faces Record Fine in Mexico as Antitrust Decision Nears
Mexico’s Federal Economic Competition Commission (Cofece) is expected to rule by June 17 on whether Google engaged…
French AI Challenger Mistral Unveils First European-Focused Reasoning Model to…
French artificial intelligence startup Mistral, backed by Microsoft, has officially entered the global AI race…
Amazon Commits $20 Billion to Pennsylvania Data Centres in Major AI and Cloud Push
Amazon has announced a landmark investment of at least $20 billion in Pennsylvania to expand its data centre…
Meta Bets Big on Scale AI with Historic $10 Billion Investment
Meta Platforms Inc. is preparing to invest more than $10 billion in Scale AI, a move that marks its most…
US-China Trade Talks Enter Day Two Amid Tension Over Tech and Tariffs
Trade negotiations between the United States and China resumed in London for a second day, with both sides aiming…
U.S. and China Resume High-Stakes Trade Talks in London Amid Rare Earths Dispute
U.S. and Chinese officials reconvened in London on Tuesday for a second day of trade talks, with global markets…
Morgan Stanley Markets $5 Billion xAI Debt Amid Musk-Trump Fallout
Morgan Stanley is marketing a $5 billion debt package for xAI, the artificial intelligence startup owned by Elon…
Statisense Launches “Immortal AI” to Revolutionize Africa’s Data…
Statisense, Nigeria’s leading data intelligence firm, has unveiled Immortal AI, a transformative platform aimed at…
Trump Administration Renegotiates Biden-Era Semiconductor Grants to Boost Value…
The Trump administration is revisiting and renegotiating several semiconductor grants originally awarded under…
GSM Technology Dominates Nigerian Internet Market with Over 141 Million Active…
The Nigerian Communications Commission (NCC) reports that active internet subscribers in Nigeria reached nearly…
Wall Street Edges Up as Tech Gains Offset Economic and Tariff Concerns
U.S. stock markets saw modest gains on Wednesday, buoyed by strength in technology shares despite a slew of…
Experts Warn: Without Governance, AI Could Become Africa’s Greatest Risk
At the 2025 Africa’s Beacon of ICT Merit & Leadership Award (ABoICT) held in Lagos, leading tech experts…