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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…
The bustling city of Lagos recently played host to a groundbreaking event that brought together some of the brightest minds in the world—the Omniverse Summit. The Omniverse Summit, a three-day conference, was held in the Grand Ballroom of the prestigious…
In the age of Fortnight and Call of Duty: Modern Warfare, game setups have advanced to match the complexity of the games themselves. Streaming has now reached a new height thanks to a Cluvens Zero Gravity chair designed like a…
Elon Musk filed a lawsuit against OpenAI and its CEO, Sam Altman, claiming that they violated the founding principles of the artificial intelligence firm by placing financial gain ahead of the good of humanity. A long-simmering dispute between titans of…
Over 70 million bank accounts in Nigeria face the possibility of being restricted due to the Central Bank of Nigeria’s (CBN) directive linking the National Identification Number (NIN) to Bank Verification Numbers (BVNs). This policy, aimed at enhancing financial security…
