OpenAI may sue Microsoft over antitrust violation
OpenAI is reportedly considering accusing its largest backer, Microsoft, of anticompetitive practices as tensions escalate over the terms of their high-profile partnership,…
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Oracle, xAI to integrate Grok 3 model for clients
Oracle Corporation announced Tuesday that it is teaming up with Elon Musk’s artificial intelligence firm, xAI, to offer the company’s latest AI…
Adobe launches first AI-powered mobile app
Adobe Inc. has unveiled its first standalone artificial intelligence smartphone app, Firefly Mobile, as it looks to capitalize on the rising popularity…
Facebook videos to become reels as Meta makes content shift
Meta Platforms, the parent company of Facebook and Instagram, announced on Tuesday that all new videos uploaded to Facebook will soon be…
Trump signals possible extension for TikTok sale deadline
U.S. President Donald Trump indicated on Tuesday that he is likely to extend the deadline for China-based ByteDance to divest the U.S.…
Musk’s xAI near $5bn debt deal amid lukewarm investors demand
Elon Musk’s artificial intelligence startup, xAI, is expected to finalize a $5 billion debt raise this week, despite lukewarm interest from investors,…
U.S. fintech Wave enters Cameroon’s mobile money market
U.S.-based fintech startup Wave officially launched its mobile payment services in Cameroon on June 11, 2025, marking its entry into one of…
Safaricom loses trillion-dollar valuation days after rise
Kenya’s largest telecom operator, Safaricom, has slipped below the trillion-shilling mark just days after briefly reclaiming the coveted status. On June 12,…
US, OpenAI sign $200m deal to integrate AI into military operations
The U.S. Department of Defense has signed a $200 million contract with OpenAI to develop and deploy advanced artificial intelligence tools aimed…
SEC unveils crypto smart initiative to shape stablecoin rules
The Securities and Exchange Commission of Nigeria is set to launch the Crypto Smart, Nigeria Strong initiative to collaborate with developers in…
Appeal Court overturns Emefiele’s asset forfeiture order
The Court of Appeal in Lagos has nullified the final forfeiture of properties and funds belonging to former Central Bank of Nigeria…
Tesla sets up shop in Morocco for African expansion
After months of high-profile political engagement in the U.S., Tesla CEO Elon Musk is shifting gears, refocusing attention on his business ventures.…