Meta Loses $200 Billion in Market Value as Investors Rebel Over Soaring AI Spending
Meta’s aggressive artificial intelligence (AI) spending spree has spooked investors, wiping more than $200 billion off the company’s market capitalization within two days after its quarterly earnings report.
The company’s operating expenses...
Transforming Africa: NITDA DG’s Urgent Call for Digital Investment
Transforming Africa: NITDA DG’s Urgent Call for Digital Investment
The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, CCIE, declares that Africa’s economic destiny hinges on its own...
Moniepoint Launches AI Chatbot for Informal Economy Insights
Moniepoint Inc has launched ‘M’, Nigeria’s first artificial intelligence-powered chatbot designed to provide real-time insights into the country’s informal economy and support small business operators across the nation.
The launch coincided with...
Microsoft Says AI Could Add $1.2 Trillion to Africa’s Economy by 2030
Microsoft has projected that artificial intelligence could contribute over $1.2 trillion to Africa’s economy by 2030, marking a major opportunity for the continent to shift from being a consumer of technology...
Nissan Turns to AI to Speed Up Vehicle Testing
Nissan Motor Company has extended its partnership with UK-based software firm Monolith to use artificial intelligence in reducing vehicle testing times, as the Japanese automaker seeks to accelerate new car development...
Nvidia Deepens Ties with Samsung, 3 Other South Korean Firms in AI Drive
Nvidia Chief Executive Jensen Huang is visiting South Korea for the first time in fifteen years to announce major collaborations with leading Korean technology companies, including Samsung, Hyundai Motor, SK Group,...
Adobe and YouTube Partner to Launch ‘Create for YouTube Shorts’ in Premiere Mobile
Adobe and YouTube have announced a new partnership to integrate a content creation space called Create for YouTube Shorts within Adobe Premiere Mobile. The collaboration aims to make it easier for...
WhatsApp Introduces Passkey Support for Encrypted Backups
WhatsApp has introduced a new passkey feature that allows users to access their encrypted backups using biometric or device-based authentication, such as fingerprints, facial recognition, or screen lock codes.
The feature, announced...
Nigerian Banks Record 213 Million Ad Impressions Across Social Media in Q3 2025
Fifteen Nigerian banks collectively recorded over 213 million ad impressions across major social media platforms including LinkedIn, YouTube, Facebook, Instagram, and TikTok, according to the Banking Conversion Digital Marketing Efficiency Report...
Wikipedia Founder Criticizes Elon Musk’s ‘Grokipedia,’ Warns of AI Errors
Wikipedia co-founder Jimmy Wales has criticized Elon Musk’s newly launched “Grokipedia,” warning that the AI-driven encyclopedia will spread misinformation due to flaws in large language models (LLMs).
Speaking at the CNBC Technology...
