Browsing Category
Technology
Musk’s xAI seeks funding at $18-billion valuation
Elon Musk’s fledgling AI start-up xAI is looking to raise US$3-billion to $4-billion in a deal that would value the…
Airtel Africa cuts debt, lowers costs through share buyback…
Airtel Africa has bought back 8.6 million ordinary shares from Citigroup Global Markets Limited as part of a share…
Huawei teases launch of new smartphone, high-end model…
Chinese tech giant Huawei has started allowing customers to register their interest in an upcoming smartphone model…
TikTok owner ByteDance is now bigger than Tencent
ByteDance’s profit surged roughly 60% in 2023, outpacing the growth of online peers Tencent Holdings and Alibaba…
Starlink profits are more elusive than investors think
SpaceX’s prized Starlink satellite business is still burning through more cash than it brings in.
People…
Microsoft employees exposed internal passwords in security…
Microsoft has resolved a security lapse that exposed internal company files and credentials to the open…
Hackers stole 340,000 Social Security numbers from…
U.S. consulting firm Greylock McKinnon Associates (GMA) disclosed a data breach in which hackers stole as many as…
Joe Biden to award Samsung $6.6 billion chip subsidy for…
The Biden administration plans to announce it is awarding more than $6 billion to South Korea’s Samsung, next week…
South Korean President to invest $7 billion into AI
South Korean President Yoon Suk Yeol said on Tuesday his country will invest 9.4 trillion won ($6.94 billion) in…
Google owner Alphabets to buy HubSpot
Reuters reported on Thursday, March 4, 2024 that Google’s parent company, Alphabet, is exploring the…
Kenya launches electric vehicle policy
Kenya has launched a national e-mobility draft policy to promote the local manufacturing and assembly of electric…