FTX moves to sell shares in AI startup Authropic
Bankrupt crypto exchange FTX has received approval from U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware, to sell its shares in artificial intelligence startup Anthropic. The decision followed a compromise…
Standard Chartered initiates $1bn share buyback
Standard Chartered revealed a $1 billion share buyback program on Friday, concurrently expressing CEO Bill Winters' belief that the current share price undervalues the bank's intrinsic worth. The UK-based financial…
Google denies news of Gmail shutdown
Google, owned by Alphabet, has refuted claims of shutting down Gmail, asserting, "Gmail is here to stay." The denial comes in response to a viral hoax tweet that falsely asserted…
NUPENG, EFCC collaborate to combat oil theft
The Economic and Financial Crimes Commission and the National Union of Petroleum and Natural Gas workers have joined forces to combat the evil of oil theft. According to The PUNCH,…
Investors lose N67bn as market dips
By Melvin Onwubuke The Nigerian stock market could not maintain the early trading trend as it returned to the red zone with equity investors loosing N67 billion on Thursday.…
Manufacturing sector’s FDI rises by $644m – NBS
Foreign investments in Nigeria's manufacturing sector increased by $644 million in 2023 to $1.5 billion from $948 million in the previous year. According to the PUNCH, the industry with the…
Air Peace to launch London flight with student package
Air Peace Airlines has announced that when it launches its London route, it will provide special student tickets that are affordable to students travelling to study. Business Day reported that…
Threads users can now appeal inappropriate contents — Meta
Meta's Oversight Board, the external advisory group, declared on Thursday that it is broadening its jurisdiction to include Threads, in addition to Facebook and Instagram, to scrutinize Meta's decisions regarding…
Samsung adds Galaxy AI features to more devices
Samsung has announced the launch of its Galaxy AI features to a broader range of devices through the upcoming One UI 6.1 update, scheduled for a late March release. The…
Google to pause Gemini AI’s image generation over inaccuracies
Following inaccuracies in some historical depictions generated by its Gemini AI models, Google has decided to temporarily halt the use of its AI tool that creates images of people. The…
Reddit partners Google in AI content deal
Social media platform, Reddit has entered agreement with Google, an Alphabet-owned company, to provide its content for the training of the search engine giant's artificial intelligence models. Valued at approximately…
FG stops cooking gas export to stabilize price
The Federal Government, on Thursday, February 22, announced its implementation of measures to address the scarcity and surging costs of Liquefied Petroleum Gas, commonly known as cooking gas, by ceasing…
