Entrepreneur Elon Musk has unveiled Grokipedia, a new online encyclopedia powered by artificial intelligence, designed to challenge the dominance of Wikipedia, which he accuses of political and ideological bias. Developed by his artificial intelligence company, xAI, Grokipedia went live on Monday with its version 0.1, featuring more than 885,000 AI-generated articles. The tech billionaire said […]
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The Chief Executive Officer and founder of Zoom Video Communications, Eric Yuan, says the evolution of artificial intelligence will soon make the traditional five-day workweek a thing of the past. Speaking during a fireside chat at the TechCrunch Disrupt 2025 Conference in San Francisco, Yuan said the growing adoption of AI assistants will fundamentally reshape […]
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French media powerhouse Canal+ is reportedly in talks to acquire Comcast Corporation’s 30 percent stake in Showmax, a move that could give the company full ownership of Africa’s leading streaming platform. The acquisition, if finalized, would further consolidate Canal+’s dominance in Africa’s fast-growing digital entertainment landscape through its parent company, MultiChoice Group Ltd. Showmax has […]
Read MoreAccess Holdings Plc, the parent company of Access Bank, has officially completed the acquisition of the National Bank of Kenya (NBK) in a landmark deal valued at N179.1 billion ($109.6 million). The move marks a major milestone in the Group’s ambition to deepen its presence across Africa’s fast-growing financial markets. The acquisition, which was first […]
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YouTube has announced a record $8 billion payout to the global music industry over a 12-month period between July 2024 and June 2025, its highest annual contribution since 2022. The milestone underscores YouTube’s growing influence in the global music ecosystem and its continued efforts to support artists, songwriters, and publishers across diverse markets. According to […]
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Tensions have increased between SpaceX chief executive Elon Musk and the United States space agency, NASA, following the agency’s decision to invite new bids for its upcoming Moon mission, citing continued delays in SpaceX’s Starship rocket development. The disagreement began after NASA’s acting administrator and U.S. Transportation Secretary, Sean Duffy, announced that the agency would […]
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Volkswagen will temporarily halt production at two of its electric vehicle plants in Germany as the automaker contends with slowing demand across Europe’s EV market. The company confirmed on Friday that assembly lines at its Zwickau and Dresden factories in eastern Germany will be suspended for a week in early October. Both facilities are central […]
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Finnish telecoms giant Nokia has reported a fall in third-quarter profit despite an increase in sales, highlighting the pressure facing the company as it navigates rising costs and a competitive global market. The firm posted an operating profit of 435 million euros ($505 million) for the period, about 10 percent lower than the same quarter […]
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Fintech firm Lidya, once celebrated as one of Nigeria’s earliest and most promising digital lending innovators, has formally shut down after nine years in operation, bringing to a close a bold experiment that once redefined access to credit for small businesses. The company confirmed the development in a message to its customers, citing severe financial […]
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Nigeria’s entertainment and media industry is on the verge of a major transformation, with total revenue expected to climb to $5.8 billion by 2029, according to projections from PwC’s Entertainment and Media Outlook Report (2025–2029). The report highlights that the boom will be powered by Nigeria’s young, tech-driven population, fast-growing internet access, and the rising […]
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