Collaboration between banks and fintechs is the cornerstone of scaling financial innovation and fostering inclusion across Africa, asserted Mr. ‘Deremi Atanda, Managing Director of Remita Payment Services Limited, during the FirstBank Fintech Conference 6.0 held in Lagos on Wednesday, November…
Jeff Bezos to sell another $5b of Amazon shares
Amazon founder Jeff Bezos says he will sell another 25 million shares in the technology giant, worth nearly $5bn (£3.9bn). It comes after the company’s stock market value hit a record high on Wednesday. In February, he announced that he…
Elon Musk sues OpenAI and CEO Sam Altman for putting profits above humanity
Elon Musk is suing OpenAI and its chief executive Sam Altman, alleging the start-up betrayed its original promise of working to benefit humanity when it forged a multibillion-dollar alliance with Microsoft. The lawsuit filed in San Francisco on Thursday said…
Germany: Microsoft to invest €3.3b in AI capacities
The tech giant Microsoft said on Thursday that it was planning to invest almost €3.3 billion ($3.5 billion) in expanding its presence in Germany. The investment will go towards doubling the capacity of Microsoft’s “AI and data center infrastructure,” in…
EU launches antitrust probe of Microsoft into bundling of Teams with Office, Microsoft 365
The European Commission on Thursday launched an antitrust probe into whether Microsoft’s bundling of its Teams business chat app as part of its Office 365 and Microsoft 365 software packages is a breach of European Union competition laws. Citing how…
Microsoft says agreement reached with Sony over “Call of Duty”
As federal regulators contemplate whether to sign off on Microsoft’s proposed acquisition of video game maker Activision Blizzard, the U.S. software behemoth said it has entered into an agreement with Sony to keep the wildly popular “Call of Duty” video…
Microsoft stakes Xbox video game sales on long-awaited space adventure Starfield
One small step for an intrepid crew of 24th century space explorers could be a giant leap — or flop — for Microsoft when the Xbox-maker launches its long-awaited video game Starfield. Players must fend off pirates, navigate strange moons,…
Microsoft: Chinese hackers hit key US bases on Guam
Chinese hackers used “stealthy” malware to attack critical infrastructure on American military bases in Guam, say Microsoft and Western spy agencies. Experts say it’s one of the largest known cyber espionage campaigns against the US. A key US military outpost,…
Microsoft blocked in bid to buy video game maker Activision Blizzard – but vows to respond
The British competition watchdog has blocked Microsoft’s bid to buy video game maker Activision Blizzard. The Competition and Markets Authority (CMA) stopped the $68.7bn (£55bn) deal due to concerns that it would stifle competition in the cloud gaming market. It…
Bill Gates says OpenAI’s GPT is the most important advance in technology since 1980
Microsoft co-founder Bill Gates says that OpenAI’s GPT AI model is the most revolutionary advance in technology since he first saw a modern graphical desktop environment (GUI) in 1980. Before that, people used their computers through a command line. Gates…