British regulator to probe Microsoft OpenAI venture
British antitrust body announced on Friday that it will consider whether to open a merger investigation into Microsoft’s multibillion-dollar joint venture with…
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Flutterwave secures money transfer license in US
African payments company, Flutterwave, has announced that it has acquired money transfer licenses for 13 US states. This latest acquisition makes it…
Spotify’s CFO Paul Vogel steps down
The chief financial officer of Spotify Technology, Paul Vogel, said on Thursday that he will leave the company at the end of…
How FX unification increased Nigeria’s trade surplus in Q3 – Report
Bisola David One reason for the third quarter’s net trade surplus has been attributed to the foreign exchange market’s segmentation. The Punch…
Zenith Bank director purchases 1.7m shares
Bisola David An executive director of Zenith Bank Plc, Dr Temitope Fasoranti, has acquired more than 1.7 million shares in the lender.…
NESG condemns FG’s N3.5tn budget for education, health
Bisola David The Nigerian Economic Summit Group has raised an issue with President Bola Tinubu’s 2024 Budget Appropriations Bill’s N3.5 trillion allotment…
Don, CITN advocate taxes for economic development
Bisola David The Rector of The Federal Polytechnic Ilaro, Dr Akinde Mukail, has stated that Nigeria must turn inward and use taxation…
X to offer paid users xAI chatbot – Musk
Elon Musk on Thursday said his artificial intelligence startup, xAI, is launching Grok, a competitor to ChatGPT, for social media platform X…
Italy approves laws to protect minors on TikTok, Instagram, others
Italy’s communication watchdog, AGCOM, has approved new regulations that allow it to require online video-sharing services to take down “harmful content” in…
Alphabet shares soar by 5% over Gemini AI launch
Wall Street on Thursday celebrated the debut of Gemini AI, which caused Alphabet to soar by about 5%. Long regarded as a…
X to begin recruitment of Japanese engineers
The CEO of social networking platform X, Linda Yaccarino said in a post on Thursday that the company will begin hiring developers…
Meta oversight board to review Israel-Hamas war content
Meta’s independent Oversight Board announced on Thursday that it will examine the way the company has handled violent content on its social…