Category: News

Ecobank raises $125m in oversubscribed Eurobond issuance

Ecobank Transnational Incorporated has raised $125 million through the issuance of 10.125% Senior Notes due...

AI Startup Cohere doubles revenue as demand for tools grows

Artificial intelligence startup Cohere has more than doubled its annualized revenue since the beginning of...

TikTok launches feature for quality sleep amid lawsuits

In a move aimed at promoting mental well-being and healthier screen habits, TikTok has officially...

EU charges TikTok with breaching online content rules

TikTok has been formally charged by the European Commission with violating the European Union’s Digital...

xAI blames “unauthorized modification” for Grok’s repeated ‘white genocide’ responses

AI startup xAI has blamed repeated referencing of “white genocide in South Africa” in response...

Meta delays release of flagship ‘Behemoth’ AI over performance concerns

Meta Platforms is postponing the release of its highly anticipated “Behemoth” artificial intelligence model due...

FG approves revised procurement thresholds for MDAs

The Bureau of Public Procurement has announced a major revision of procurement thresholds for federal...

Google One surpasses 150m subscribers with help of AI

Google One, Alphabet Inc.’s subscription service offering cloud storage and artificial intelligence features, has surpassed...

Lagos bans night construction, sets 6pm deadline for daily work

In a decisive move to curb building collapse and safeguard public health, the Lagos State...

Musk’s Grok AI malfunctions, floods X posts about ‘white genocide’

Grok, the AI chatbot developed by Elon Musk’s xAI, appeared to suffer a glitch on...

European retailers urge EU to tackle high Visa, Mastercard fees

Some of Europe’s biggest retailers and e-commerce companies have called on the European Commission to...

Amazon cuts 100 Jobs in devices, services unit

Amazon has laid off approximately 100 employees from its Devices and Services division, the company...