Category: News

Apple faces $1.1bn in tariff costs as trade tensions escalates

Apple expects to pay $1.1 billion in tariffs for the July–September quarter, a significant increase...

Amazon eyes advertising in Alexa+, says CEO Andy Jassy

Amazon may soon start delivering ads to users during conversations with its AI-powered assistant, Alexa+,...

Google rolls out its most advanced reasoning AI yet

Google DeepMind has announced the release of Gemini 2.5 Deep Think, a cutting-edge AI model...

Reddit to transition from social platform to search engine

Reddit is aiming to evolve beyond a social platform into a full-scale search engine, capitalizing...

MTN Nigeria to build infrastructure for network platform

MTN Nigeria is doubling down on infrastructure investments as it looks to evolve from a...

Wema bank posts ₦100.5bn pre-tax profit in H1 2025

A tier-2 Nigerian commercial bank, Wema Bank has reported a pre-tax profit of ₦100.5 billion...

Elumelu urges Africa to prioritise infrastructure development

Prominent African entrepreneur and philanthropist Tony Elumelu, Group Chairman of Heirs Holdings, has urged African...

Russia criminalizes searches for ‘extremist’ content online

Russian President Vladimir Putin has signed a controversial new law that punishes citizens for searching...

Meta budgets $72bn in AI investment as part of long-term growth

Meta is dramatically increasing its investment in AI infrastructure, announcing plans to spend up to...

GitHub’s Copilot hits 20m users as enterprise AI coding heats up

The AI-powered coding assistant developed by Microsoft-owned GitHub, GitHub Copilot, has now surpassed 20 million...

Mastercard beats profit forecast as travel, leisure spending rises

Mastercard surpassed Wall Street expectations for its second-quarter earnings on Thursday, fueled by continued strength...

Samsung sees US trade deal as boost amid Tesla chip order

Samsung Electronics says a new trade deal between South Korea and the U.S. will ease...