Tag: Tech

IBM to invest $150bn in US amid push for domestic manufacturing
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IBM launches new AI models to capitalize on growing demand

IBM has unveiled the latest version of its artificial intelligence model, “Granite 3.0,” aiming to meet the increasing demand from businesses adopting generative AI technology. Released on Monday, these models will be made open-source, following the trend established by previous versions in IBM’s Granite family, and distinguishing the company from competitors like Microsoft (MSFT.O), which […]

Pinterest launches AI tools for advertisers to boost engagement
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Pinterest launches AI tools for advertisers to boost engagement

Pinterest has joined the growing list of tech companies offering generative AI tools to advertisers, following similar moves by Google, Amazon, and others. At its Pinterest Presents event on Tuesday, the company unveiled new features for its Pinterest Performance+ suite, including automation and AI capabilities aimed at enhancing product advertising on the platform. The most […]

Seven African inventors you should know
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Seven African inventors you should know

In recent years, African inventors have developed groundbreaking solutions addressing some of the continent’s most pressing challenges. Their innovations have not only transformed local communities but have also gained international recognition, demonstrating Africa’s ingenuity on the global stage. 1. Ludwick Marishane (South Africa) invented the DryBath, a gel designed to remove odor and bacteria without […]

Sony unveils advanced PlayStation 5 Pro
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Sony unveils advanced PlayStation 5 Pro

Sony has unveiled the PlayStation 5 Pro, an advanced iteration of its flagship gaming console, set to launch on November 7 with a price tag of $699.99. This new version promises enhanced graphics and performance, offering a significant upgrade for enthusiasts seeking the best gaming experience. The PlayStation 5 Pro will come without a disc […]

WeTransfer to cut 75% of workforce after Italian acquisition
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WeTransfer to cut 75% of workforce after Italian acquisition

Italian app developer Bending Spoons will lay off 75% of the staff at file-sharing platform WeTransfer, CEO Luca Ferrari announced on Sunday. In a statement to Reuters, Ferrari said, “I won’t be more specific at this stage because the layoff hasn’t been fully defined yet.” Bending Spoons acquired WeTransfer in July, marking its fifth acquisition […]

Tech giant Cisco to fire 4,000 employees, says report
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Tech giant Cisco to fire 4,000 employees, says report

Cisco Systems is set to announce a new wave of layoffs, potentially affecting a number similar to or greater than the 4,000 employees it let go earlier this year. This move is part of Cisco’s strategy to focus on higher-growth sectors like cybersecurity and AI, as it faces challenges with sluggish demand and supply chain […]

Match Group cuts 6% workforce, discontinues livestreaming on dating apps
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Match Group cuts 6% workforce, discontinues livestreaming on dating apps

Match Group announced on Tuesday that it is discontinuing its livestreaming services across its dating apps, resulting in a 6% reduction in its workforce. This decision was revealed in the company’s second-quarter earnings report. The livestreaming features, known as “Live!” on Plenty of Fish and BLK, were introduced in 2020 as a response to the […]

Software provider GitLab considers sale
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Software provider GitLab considers sale

Leading U.S. provider of cloud-based software development tools, GitLab, is reportedly considering a sale following interest from potential acquirers, according to sources familiar with the matter. The company, valued at approximately $8 billion, has engaged investment bankers to explore a sale process that has attracted attention from peers such as cloud monitoring firm Datadog, the […]

Link-in-bio startup Linktree hits 50m users
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Link-in-bio startup Linktree hits 50m users

Link-in-bio startup Linktree announced on Wednesday that it has surpassed 50 million users, marking a significant increase from the 2.7 million users it had in 2019. The company’s user base has been steadily growing, with nearly 10 million new users (referred to as “Linkers” by Linktree) added in just five months. In December, Linktree reported […]

Opera introduces AI features, multimedia controls to browser
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Opera’s AI assistant now summarizes texts on Android

Opera’s Aria, an AI-powered product integrated into its web browser, now offers text summarization capabilities on Android devices. This feature condenses lengthy web pages such as news articles, blog posts, or research papers into concise summaries that can typically fit on a single screen. The announcement of this new feature on Monday highlights its usefulness […]

FG awards N200m in grants to 55 researchers, innovators—Bosun Tijani
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Isa Pantami criticizes Bosun Tijani for Robotics Centre relaunch

Former Minister of Communications and Digital Economy, Isa Pantami, criticized his successor, Bosun Tijani, for relaunching the National Centre for Artificial Intelligence and Robotics. NCAIR was established as a platform to promote research and development in emerging technologies like Artificial Intelligence (AI), Robotics, UAV, and the Internet of Things, focusing on Nigerian national interests. Tijani, […]

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