It’s a significant move that complements the focus on emerging fintech in Africa. Mastercard is to acquire a minority stake in MTN’s fintech division. This partnership with MTN appears as a Memorandum of Understanding announced in the company’s 2023 group results for the first half of the year. Due diligence is currently underway, and the […]
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China's internet giants rush to acquire high-performance Nvidia chips vital for building generative AI systems, making orders worth $5 bln.
Big Tech power faces bipartisan push in US Senate, with Elizabeth Warren and Lindsey Graham seeking to create a new government regulator.
A powerful eruption on the Sun's giant sunspot AR3363 caused a massive solar flare, resulting in a radiation surge towards Earth.
In a milestone joint statement, the U.S. and India have reaffirmed their strong Indo-US strategic partnership.
Generative artificial intelligence (A.I.) in US-China tech battle is emerging as the new battleground, intensifying tensions despite recent talks between the two nations. In the battle for tech supremacy between the United States and China, a new battleground is emerging. The clash between the two nations over key technologies, such as semiconductors, has prompted experts […]
Google faces lawsuit over ad tech monopoly: Gannett, the largest newspaper publisher in the United States, has filed a lawsuit against Google in a Manhattan federal court, claiming that the tech giant has established a monopoly over the online advertising industry. The lawsuit, announced on Tuesday, accuses Google of monopolizing advertising technology markets and engaging […]
Big Tech is investing in KoBold Metals, an AI-powered mining startup, aiming to support the transition to a greener economy.
BRUSSELS, BELGIUM: The European Parliament has taken a significant step towards regulating artificial intelligence (AI) products with the passage of the first draft of the EU AI Act regulations. The proposed law aims to ensure a safe development and application of AI systems, all while ensuring they respect international human rights laws. The EU’s initiative sets […]
Tech Companies in Africa Must Prioritize Development and Responsible Data Practices: You’re sitting in a bustling café, surrounded by people engrossed in their smartphones, laptops, and other gadgets. The world around you is becoming increasingly digital, and Africa is no exception. But have you ever wondered why Big Tech giants like Google, Facebook, and Amazon […]