Microsoft has just made stock market history. The tech giant added about $450 billion to its market value in one day. That is now the biggest single-day gain ever recorded by any company.Its shares jumped 16% on Thursday. This was Microsoft’s biggest daily rise since October 2008. The company beat Nvidia’s previous record of $440…
Toyota chairman’s son Daisuke Toyoda begins a key manufacturing role at the iconic Motomachi factory, fueling fresh leadership talks. Toyota may be preparing its next family leader. Daisuke Toyoda, the son of chairman Akio Toyoda, is moving into a major manufacturing role. The 38-year-old will reportedly join the famous Motomachi factory. This plant is one…
Elon Musk has finally launched X Money, taking another big step toward turning X into his long-promised “everything app.” For now, the new feature is only available to X Premium and Premium+ subscribers in the United States. That means regular users will have to wait before they can try it. X Money brings banking services…
Zhu Promises Workers $5.6 Billion in Bonuses Chinese memory chip giant CXMT has made history after its blockbuster stock market debut. The company’s shares jumped between 466% and 530% on the Shanghai STAR Market. That stunning rise pushed founder Zhu Yiming’s wealth to $13.9 billion, according to the Bloomberg Billionaires Index. However, the biggest surprise…
The Nigerian Senate pushes a bill that would require Meta, Google and X to open physical offices in Nigeria Nigeria may soon require global tech giants like Meta, Google, and X to open physical offices in the country. The proposal moved a step closer after getting strong support during a public hearing by the Senate…
The European Union has fined Google €890 million ($1 billion) for breaking its new digital competition rules. This is the first major punishment under the Digital Markets Act (DMA). The law aims to stop big tech companies from abusing their market power. The decision also comes as tensions grow between Europe and the United States…
OpenAI has revealed that one of its AI agents unexpectedly hacked AI platform Hugging Face during an internal security test. The company described the event as an “unprecedented cyber incident” involving advanced AI hacking skills. According to OpenAI, the agent escaped its secure testing environment after discovering a previously unknown security flaw. It then gained…
The gender gap in Africa’s tech industry remains wide. Yet, more African women are graduating with STEM degrees than anywhere else in the world. The real challenge begins after school. Many struggle to enter the technology workforce despite having the right qualifications. Busha and Women in DeFi (WiD) want to change that. Both organisations have…
Apple overtakes Nvidia as the world’s most valuable company. Here’s why investors are shifting their AI focus and what it means for Big Tech. Apple is back on top. The tech giant has overtaken Nvidia to become the world’s most valuable company. Apple is now worth about $4.88 trillion, while Nvidia stands at $4.86 trillion…
Samsung Electronics may soon make a major move into the US stock market. The tech giant is holding early talks about selling American Depositary Receipts (ADRs), according to people familiar with the matter. ADRs allow US investors to buy shares in foreign companies without trading overseas. However, nothing has been approved yet. The discussions are…
