The African Development Bank has approved a $160 million senior corporate loan to support AXIAN Telecom to expand digital access and financial inclusion in nine African countries. The loan will …
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Meta agrees to pay Donald Trump $25m to settle a 2021 federal lawsuit
Tech giant Meta (formerly the Facebook company) has agreed to pay newly-elected US President Donald Trump the sum of $25 million to settle a 2021 federal lawsuit. Recall that following …
Read More »Microsoft reportedly in talks to acquire TikTok’s US operations
As national security concerns over TikTok’s Chinese ownership continue to increase, American multinational technology behemoth Microsoft is reportedly in talks to buy the app. President Donald Trump had on Tuesday …
Read More »Chinese firm to deploy 1,000 humanoid robot workers to stem labor shortage
A Chinese company known as UBTech Robotics is preparing to mass produce its humanoid robots in large quantities by the end of this year in order to deal with the …
Read More »Jeff Bezos-backed Perplexity AI submits new bid for TikTok’s US operations
Jeff Bezos-backed Perplexity AI has sent a revised proposal to ByteDance, the parent firm of TikTok, allowing the U.S. government to own up to 50% of a new company that …
Read More »Google to enforce strict measures against fake reviews
Search engine giant, Google has agreed to take more stringent action against the United Kingdom companies that fabricate reviews to raise their ratings on its platform. The move followed a …
Read More »Meta reveals plans to invest $65bn to expand AI infrastructure in 2025
Meta (previously the Facebook company) has revealed that it would invest between $60 billion and $65 billion by 2025, in order to enhance its AI infrastructure. The company has announced …
Read More »YouTube star Mr Beast joins group to acquire TikTok’s US operations
In an all-cash offer to acquire the US operations of ByteDance-owned social media platform, TikTok, popular YouTuber star MrBeast, also known as Jimmy Donaldson, has teamed up with Jesse Tinsley …
Read More »SoftBank, OpenAI, Oracle, others, partner to establish $500bn AI data center company
Japanese multinational investment holding firm SoftBank, and American tech companies OpenAI and Oracle have announced a partnership to establish a $500 billion AI data center company. On Wednesday, Masayoshi Son, …
Read More »Facebook, X, YouTube, Instagram, TikTok sign voluntary commitment to tackle hate speech
Facebook, X, YouTube, Instagram, Snapchat, Twitch, LinkedIn, TikTok, and other social media platforms have all signed a voluntary commitment to tackle hate speech. The signed voluntary commitment is geared towards …
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