One of the major AI startups, OpenAI, announced on Wednesday that it plans to reject every assertion made by Elon Musk in a recent lawsuit. OpenAI further implied that Musk, a co-founder of the company, didn’t actually have that much…
In a move designed to empower and retain its driver partners, Bolt Nigeria has launched the Bolt Rewards programme, offering enticing fuel and insurance discounts. This program comes amidst rising fuel costs, a major concern for ride-hailing drivers, and aims…
In a significant move that could reshape the African pay-TV landscape, French media conglomerate Canal+ has upped its offer to acquire South African pay-TV operator Multichoice Group Ltd. for $2.9 billion. This revised offer, representing a 19% increase from the…
The Companies and Intellectual Property Commission (CIPC), the official body overseeing South Africa’s business registry, has been targeted by a cyberattack, leaving sensitive data potentially compromised. The attack, believed to have been carried out by a group of hackers, has…
In a landmark decision that could have far-reaching implications for the tech industry, the European Commission slapped a hefty €1.84 billion (approximately $2 billion) fine on Apple on March 4, 2024, for antitrust violations related to its handling of music…
Sony Interactive Entertainment (SIE), the arm of Sony responsible for the iconic PlayStation brand, announced a significant restructuring effort on February 27, 2024. This restructuring involves layoffs affecting approximately 900 PlayStation employees, representing 8% of the division’s global workforce. Additionally,…
Africa’s Talking co-founder Bilha Ndirangu, who was backed by the International Finance Corporation (IFC) in Africa, has taken the payments API products company to court over her dismissal as director. Former director Ndirangu, is suing the company she co-founded because…
Egyptian football enthusiasts can now celebrate as Mastercard, a global leader in payment technology and official sponsor of the UEFA Champions League, has partnered with the National Bank of Egypt (NBE) to launch the first-ever UEFA Champions League credit card…
The Central Bank of Nigeria (CBN) on Friday annulled 4,173 bureaux de change (BDC) operator licences. This surprising action was disclosed in a statement by Hakama Sidi Ali, the spokesperson for CBN. The impacted operators were said not to submit…
South Africa’s Companies and Intellectual Property Commission (CIPC), the government agency responsible for business registrations and intellectual property oversight, confirmed a cyber attack on February 29th, 2024. The attack exposed the personal information of both clients and employees, raising concerns…
