Changpeng “CZ” Zhao, the founder of Binance, has officially been released from U.S. custody on friday after completing a four-month sentence in a low-security facility. This sentence stemmed from a federal investigation that revealed Binance’s failure to prevent extensive criminal activities on the exchange, which is the largest cryptocurrency platform globally. Key Details of CZ’s […]
Next Narrative Africa and HEVA Fund Launch $40M Fund for African Filmmakers Next Narrative Africa, a Nigerian media production company, and HEVA Fund, a Kenyan investment firm, have teamed up to launch a $40 million fund aimed at supporting African filmmakers. Investment Details The Next Narrative Africa Fund will invest in films with budgets ranging
Next Narrative New $40 Million funds to backs African Filmmakers Read More »
OpenAI, the Silicon Valley giant behind ChatGPT, is abandoning its nonprofit roots in favor of a for-profit model. Founded in 2015 as a nonprofit, OpenAI once prided itself on pursuing “advanced digital intelligence” free from financial pressures. But that’s changing, with the board stepping back into a minority position and full control shifting to CEO
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Kenya’s President, William Ruto, has publicly supported the presence of Starlink, Elon Musk’s satellite internet service, in Kenya. He believes that Starlink is pushing local competitors like Safaricom to enhance their service quality. Ruto made these remarks during the US-Kenya Business and Investment Roundtable in New York, which took place alongside the United Nations General
President Ruto backs Competition between Starlink and Safaricom Read More »
Kofa Technologies, a Ghanaian startup specializing in clean and portable battery solutions, has partnered with PASH Global to expand its battery-swapping network across Ghana. This initiative aims to deploy 6,000 batteries and establish up to 100 swap stations, providing reliable energy access and supporting the transition to clean energy and the widespread adoption of electric
Ghana’s Kofa Technologies Raises $5 Million for Battery-Swapping Network Read More »
Userguest, a Moroccan technology company founded in 2018, has raised €2.2 million (about $2.4 million) in seed funding. The startup’s innovative platform helps hotels increase direct bookings and revenue through automated, personalized messaging. Al Mada Ventures led the investment round, joined by CDG Invest, Saviu Ventures, UM6P Ventures, Kalys VC, Plug & Play, and business
Moroccan Startup Userguest Secures €2.2 Million to Boost Hotel Revenue optimization Read More »
TikTok is facing significant challenges in avoiding a ban in the United States if its Chinese parent company, ByteDance, does not sell the popular app. As reported by Bloomberg, a three-judge panel from the US Court of Appeals for the DC Circuit expressed doubt about TikTok’s claim that a law banning the app violates its
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Bluesky, the emerging social media platform, announced on Monday that it has officially surpassed 10 million users. This impressive growth is primarily due to a recent surge in popularity following the ban of X, formerly known as Twitter, in Brazil. In a celebratory message on its platform, Bluesky posted, “If you’re reading this, you’re one
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Nigerian Telecom Subscribers Seek NIN-SIM Linkage Extension The National Association of Telecommunications Subscribers (NATCOMS) has called for a two-week extension of the National Identification Number (NIN) and Subscriber Identification Module (SIM) linkage deadline. This request comes as telecom operators prepare to disconnect unlinked lines after the current September 14, 2024 cutoff. NATCOMS President Deolu Ogunbanjo
NATCOMS Requests NIN-SIM linkage deadline Extension as Telcos Start Disconnecting Lines Read More »
On Monday, September 16, 2024, Apple released iOS 18, the latest version of its mobile operating system for iPhone. The free update is compatible with iPhone models from the XR and XS series onwards, as well as the second and third-generation iPhone SE. While Apple Intelligence, the company’s upcoming generative AI features, was a major
Apple Launches iOS 18 for iPhones: Step-by-Step Guide to Download and Install Read More »