China’s Biren Technology Secures $207 Million, Eyes Hong Kong IPO Amid Chip Race
Biren Technology, a Chinese artificial intelligence (AI) chip startup, has raised 1.5 billion yuan (approximately $207 million) in a new…
Category: Technology
Half of Global Companies Pay Ransom as Cyber Threats Surge: Sophos 2025 Report
Nearly 50 percent of global companies opted to pay ransoms in 2025 following ransomware attacks, according to Sophos’ sixth annual…
AI Investment Crucial for Ghana’s Digital Future, Says Mpontu CEO
The CEO of Mpontu Technologies, Stephane Nwolley, has urged the Ghanaian government to prioritize strategic investment in artificial intelligence (AI)…
Nigerian, Kenyan, Rwandan Startups Lead Google’s Africa AI Accelerator 2025
Google has announced the 15 startups selected for the ninth edition of its Google for Startups Accelerator: Africa, and the…
Meta Wins Copyright Battle Over AI Training; Judge Cites Weak Author Arguments
Meta Platforms has won a significant legal victory in a U.S. federal court after a judge ruled against a group…
Microsoft Faces Lawsuit Over Alleged Use of Pirated Books to Train AI Model Megatron
Microsoft is facing a lawsuit from a group of authors who allege the tech giant used pirated copies of their…
Nigeria’s $5 Billion Startup Dream Faces Setback Amid Economic, Regulatory Pressures
Nigeria’s ambition to raise $5 billion in startup funding by 2027 is looking increasingly unrealistic as investment in the country’s…
U.S. Lawmakers Introduce Bipartisan Bill to Ban Chinese AI Models in Government Agencies
A bipartisan group of U.S. lawmakers has introduced the “No Adversarial AI Act”, a bill aiming to prohibit U.S. executive…
Gartner Warns Over 40% of Agentic AI Projects Will Be Abandoned by 2027 Amid High Costs and Hype
More than 40% of current agentic artificial intelligence (AI) projects will be discontinued by the end of 2027, according to…
Xero Acquires U.S. Fintech Melio for $2.5 Billion in Major U.S. Expansion Push
New Zealand-based accounting software giant Xero has announced a $2.5 billion acquisition of U.S. payments platform Melio, marking the largest…
OpenAI CEO Altman Discusses Future with Microsoft Amid Investment Talks and Political Outreach
OpenAI CEO Sam Altman revealed in a recent New York Times podcast that he held discussions with Microsoft CEO Satya…
Nigeria Sets Ambitious Goal to Achieve 95% Digital Literacy by 2030
The Federal Government of Nigeria has declared its strong commitment to achieving 95% digital literacy by 2030, a core goal…
Nigerian AI-inclined startups dominate Google’s new program
Google has unveiled the ninth edition of its Google for Startups Accelerator: Africa program, spotlighting 15 innovative, AI-driven startups from…
SBM Warns of Telecom Sector Collapse Without Urgent FX Access, Policy Reform
SBM Intelligence, a leading research firm, has raised alarms over the deteriorating state of Nigeria’s telecommunications sector, warning that without…
OpenAI Launches Codex: Advanced AI Coding Agent for Developers
OpenAI has introduced Codex, a sophisticated AI coding agent designed to assist software developers in automating key tasks. Available to…
Fintech Urged as Key to Business Growth for SMEs in Ghana – Experts Highlight Youth-Driven Digital
At the 2025 Citi Business Festival (#CitiBusinessFestival), Martin Kwame Awagah, President of the Ghana Fintech and Payments Association, delivered a…
Bank of Ghana Urges Stronger Cybersecurity Collaboration to Protect Financial Inclusion
The Bank of Ghana (BoG) is calling for enhanced cybersecurity measures across Africa’s financial sector, emphasizing the urgent need for…
UK Regulator Moves to Rein in Google’s Search Power with Strategic Market Status
The UK’s Competition and Markets Authority (CMA) announced plans to designate Google with “strategic market status” (SMS), aiming to gain…
US Alleges Chinese AI Firm DeepSeek Supports Military and Dodges Export Controls Using Shell Companies
The United States government has accused Chinese AI firm DeepSeek of aiding China’s military and intelligence sectors. A senior U.S.…
Absa Bank Ghana: Digital Integration Key to Market Access and SME Financing
Absa Bank Ghana has emphasized the importance of digital integration for business growth, financial inclusion, and market access. Speaking during…
NCC Projects Surge in Telecom Investments Amid Economic Recovery and Infrastructure Reforms
The Nigerian Communications Commission (NCC) has projected a significant increase in investments in the country’s telecommunications sector in 2025. Speaking…
Europe Pushes for Digital Sovereignty Amid U.S. Tech Dominance and Trump’s Second Term
As Donald Trump begins his second term as U.S. president, a growing number of Europeans are turning away from American…
Nigeria Leads Global Stablecoin Adoption in 2025, Second in Overall Digital Asset Use — Yellow Card Report
Nigeria has emerged as the global leader in stablecoin adoption, according to the newly released 2025 Report on the State of…
NCC Vows to Expose and Prosecute Telecom Vandals Under New Infrastructure Protection Order
The Nigerian Communications Commission (NCC) has announced its intention to collaborate more closely with security agencies to arrest and prosecute…
NIBSS Launches ISO 20022-Compliant National Payment Stack to Revolutionize Digital Payments in Nigeria and Africa
The Nigeria Inter-Bank Settlement System (NIBSS) has officially launched the National Payment Stack (NPS), an advanced payment infrastructure built on…
EU Court Adviser Backs €4.1 Billion Antitrust Fine Against Google Over Android Dominance
Alphabet’s Google is facing a significant legal challenge in Europe as a top adviser to the European Union’s highest court…
Experts Urge African Organisations to Embrace Digital Transformation for Economic Growth
Organisations and government agencies across Africa have been strongly encouraged to prioritise digital transformation as a critical strategy for innovation,…
Apple Explores Generative AI to Accelerate Custom Chip Design, Says Tech Chief
Apple is exploring the use of generative artificial intelligence to enhance the design process of its custom chips, according to…
Nigerian Power Sector and Government Lag Behind in Digital Resilience, NESG Warns
At a biennial lecture in Lagos organized by the Chartered Institute of Directors, the CEO of the Nigerian Economic Summit…
Intel Bolsters Leadership with Key Engineering Hires Under CEO Tan’s Turnaround Strategy
Intel has announced the hiring of three prominent executives from the chip industry as part of CEO Lip-Bu Tan’s ongoing…