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Amazon cuts jobs in books division amid broader efficiency push
Tech

Amazon ‘knowingly’ works workers at injury-prone pace, claims report

An investigation led by Senator Bernie Sanders has found that Amazon drives its United States warehouse workers to fulfill orders at speeds that risk causing high injury rates, despite being aware of the dangers. The report accused Amazon of rejecting changes that could have slowed workers’ pace but improved safety, prioritizing its bottom line instead. […]

Google DeepMind unveils Veo 2, aims to outpace OpenAI
News

Google DeepMind unveils Veo 2, aiming to outpace OpenAI

Google DeepMind has launched Veo 2, a next-generation video-generation AI designed to outperform rivals like OpenAI. Announced on Monday, Veo 2 is the successor to DeepMind’s original Veo model and can create two-minute-plus videos in resolutions up to 4K (4096 x 2160 pixels), making it four times sharper and over six times longer than OpenAI’s […]

Apple Sci-Fi hit "Silo" renewed for two more seasons
News

Apple Sci-Fi hit “Silo” renewed for two more seasons

Apple’s hit sci-fi series “Silo” will return for two more seasons, with production for the third installment already underway in the UK. The announcement was made by Apple CEO Tim Cook, who joined the show’s star and executive producer, Rebecca Ferguson, on set at Hoddesdon Studios, just outside London. “We feel great about it. We […]

Meta upgrades Ray-Ban smart glasses with AI video, real-time translation
News

Meta upgrades Ray-Ban smart glasses with AI video, real-time translation

Meta announced on Monday that its Ray-Ban Meta smart glasses now feature AI video capabilities and real-time language translation. These upgrades, first unveiled at Meta’s annual Connect conference in September, are included in the v11 software update, which began rolling out this week for users in its “Early Access Program.” The latest update enhances Meta’s […]

Telegram partners Elon Musk’s xAI to distribute Grok
News

Musk’s xAI gives X users free Grok-2 chatbot access

Elon Musk’s artificial intelligence startup, xAI, announced that the latest version of its Grok-2 chatbot will now be available for free to all users of X, the social media platform formerly known as Twitter. This move aims to broaden access to the chatbot’s advanced AI capabilities while maintaining premium benefits for paying subscribers. According to […]

Everybody Loves Jenifa' breaks records, grosses over N1bn in 19 days
News

Funke Akindele’s ‘Everybody Loves Jenifa’ smashes records, grosses N206m in debut weekend

Nigerian actress and filmmaker Funke Akindele made Nollywood history with her latest release, “Everybody Loves Jenifa,” which grossed a staggering N206 million in its debut weekend. The movie premiered on December 13, 2024, and immediately dominated the Nigerian box office, earning N45.22 million on its opening Friday alone—a 30% increase over last year’s “A Tribe […]

News

Nigeria’s inflation hits 34.60% in November – NBS

Nigeria’s inflation rate rose to 34.6% in November 2024, compared to 33.8% in October, according to the latest Consumer Price Index report from the National Bureau of Statistics. The NBS report reveals a 0.72% monthly increase in Nigeria’s inflation rate, climbing from 33.8% in October 2024 to 34.6% in November 2024, underscoring persistent economic pressures […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
News

Tinubu hails Shell’s $5bn deepwater project investment

President Bola Tinubu has praised the $5 billion Final Investment Decision by Shell and its partners on the Bonga North Deepwater Project as a significant milestone for Nigeria’s energy sector. Earlier today, Shell confirmed its FID for the deepwater offshore project in Nigeria. In a statement on Monday by presidential spokesperson Bayo Onanuga, President Tinubu […]

Bitcoin demand hits two-year high Argentina amid local currency crash
featured

Bitcoin hits new all-time high of $106,509

Bitcoin surged to a new all-time high on Sunday, reaching $106,509 as investors anticipated a potential interest rate cut by the Federal Reserve. The cryptocurrency gained over 4%, with its price settling at $105,207. Ether also rose by 4%, approaching the $4,000 mark, while the broader crypto market, represented by the CoinDesk 20 index, experienced […]

News

Farmers raise concerns over FG’s dry-season farming initiative

Some farmers have expressed doubts about the Federal Government’s promised dry season farming intervention. Despite government assurances to boost food security and transition from rainfed to year-round agriculture, farmers argue that the initiatives have been selectively implemented and poorly executed. To combat food insecurity, the Federal Ministry of Agriculture and Food Security proposed implementing mechanized […]

News

Customs seize 695,000 litres of smuggled petrol

The Nigeria Customs Service has seized more than 695,000 liters of Premium Motor Spirit being smuggled to neighboring countries. NCS Comptroller-General, Adewale Adeniyi noted that this operation, carried out in partnership with the Nigerian Midstream and Downstream Petroleum Regulatory Authority, is part of efforts to tackle economic sabotage caused by the smuggling and diversion of […]