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…
DeepSeek founder Liang Wenfeng is now the world’s richest AI founder with a $36 billion fortune after the company’s latest funding round valued the startup at $50 billion. Chinese entrepreneur Liang Wenfeng has become the richest founder of an artificial intelligence model company after DeepSeek’s latest funding round. Bloomberg’s Billionaires Index now estimates his net…
Apple sues OpenAI, accusing the AI company of using stolen trade secrets to build new AI devices. Here’s what the lawsuit means for the future of AI hardware. Apple has dragged OpenAI to court over claims that the AI company used its secret information to build new AI hardware. The lawsuit was filed in a…
SK Hynix raises $26.5 billion in a record US share sale, plans bigger investments as demand for artificial intelligence keeps growing. SK Hynix has made history with a massive $26.5 billion share sale in the United States. The South Korean chip maker completed the biggest US stock market listing ever by a foreign company. It…
Microsoft cuts 4,800 jobs as Xbox begins its biggest restructuring ever. Four game studios will leave the company while Xbox focuses on growth and major franchises. Microsoft has announced another major round of job cuts. This time, the company is letting go of 4,800 employees across different departments. The biggest impact will be on Xbox….
