Samsung To Buy Back Up To $80bn In Shares To Boost Shareholder Returns
South Korean chip giant Samsung Electronics said Friday it would buy back up to $80 billion of its own shares to boost shareholder returns, the largest such plan in the…
China bans AI lovers, but loneliness remains
In July, users of several Chinese artificial intelligence (AI) platforms experienced an unusual kind of breakup. ByteDance’s Doubao and Alibaba’s Qwen withdrew or suspended features that had allowed users to…
Google’s Gemini AI Assistant Reaches One Billion Users
Google’s artificial intelligence assistant Gemini has surpassed one billion monthly users, CEO Sundar Pichai announced Tuesday, a week after a major reorganisation of the tech giant’s AI division. “It’s our…
Meta Will Soon Face Another High-Stakes Trial In US
With two convictions and nearly $1 billion in damages already stacked up, Meta will face another trial starting this week about alleged harms to children in a case brought by…
Kimi K3’s lesson: The AI race won’t be won by containing China
In July, China’s Moonshot AI released Kimi K3, a 2.8 trillion-parameter language model that demonstrated technical capabilities on par with leading American systems such as OpenAI’s GPT-5.5 and Anthropic’s Claude…
X scraps revenue sharing, unveils new creator rewards programme
X has announced plans to discontinue its Revenue Sharing programme and introduce a new Original Content Rewards programme to reward creators for producing original content on the platform. The social…
Meta Ordered To Pay $567mn In US Over ‘Public Nuisance’ Child Harm
A US state court has ordered Meta to pay $567 million and limit some features for children on its Facebook and Instagram platforms, saying the social media giant had created…
Sri Lanka Bans Major Online Gambling Sites
Sri Lanka has blocked access to some of the world’s largest online betting sites as part of a crackdown on unauthorised gambling, the Digital Economy Ministry said on Wednesday. Online…
Meta Chases OpenAI, Anthropic With New AI Coding App
Meta entered the race for automated coding tools on Wednesday when it announced a new app for developers of artificial intelligence products, as it competes with other major AI labs…
FG Set To Roll Out 90,000km Fibre Optics Nationwide
Nigeria is weeks away from breaking ground on what could become one of its largest digital infrastructure projects, as the Minister of Communication, Innovation and Digital Economy, Bosun Tijani, says…