Author: precious

A well-known ransomware group, Qilin, has claimed responsibility for a cyberattack on one of New York City’s most iconic office towers, 550 Madison Avenue, with the hackers alleging that they have stolen hundreds of gigabytes of sensitive data from the building’s operator. The Qilin ransomware gang, a group of cybercriminals that has rapidly risen to prominence in the cybercrime world, recently took responsibility on its dark website that it breached the systems of OAC 550 Owner LLC, the company that manages 550 Madison Avenue. According to the hackers, they made off with 700 gigabytes of confidential data, including personal documents,…

The world’s leading AI chipmaker, Nvidia, has secured strong support from European governments for its “Sovereign AI” initiative following a high-profile tour by CEO Jensen Huang across the continent’s major capitals. The tour, which included stops in London, Paris, and Berlin, marked a noticeable shift in Europe’s approach to artificial intelligence (AI), where independence, local control of AI and technological leadership were all re-emphasized. The concept of Sovereign AI embodies that each nation or region should have the ability to develop, manage, and operate its own artificial intelligence systems using local infrastructure, talent, and data. The goal is to ensure…

Samsung has officially teased its upcoming Galaxy Z Fold 7, promising what the company calls “the thinnest, lightest and more advanced foldable yet,” with remarkable AI-powered camera enhancements. The South Korean tech giant is positioning this next-gen foldable as a major leap forward in both design and artificial intelligence (AI) capabilities, with a rumored launch in July 2025. Foldable smartphones have come a long way since their introduction, but one common complaint has persisted, which is that they tend to be bulky and heavy. The Galaxy Z Fold 7 represents Samsung’s most ambitious effort yet to address the persistent criticism…

Africa’s leading e-commerce platform, Jumia Technologies AG, has outlined an ambitious trajectory toward profitability, forecasting a break-even point by 2027 amid ongoing financial challenges and intensifying competition. Under the leadership of CEO Francis Dufay, who took the helm in late 2022, Jumia has promised to implement a comprehensive strategy to restore investor confidence following years of losses and a significant decline in market capitalization. “My focus is very simple, we have to deliver the numbers. The target is break-even in 2027,” Dufay told Financial Times in an interview. The company, which was formerly valued at $1bn, now has a market…

OpenAI’s ChatGPT suddenly became unavailable and inaccessible to millions of people in the world on June 10, 2025. What began as a few scattered complaints early in the day quickly escalated into a major blackout, lasting over 12 hours and affecting users mostly in the United States, India, and the United Kingdom. The AI-powered chatbot’s outage brought about two major things: disrupting and bringing workflows to a halt, and sparking up a widespread conversation about the dependence and how much we now rely on artificial intelligence (AI) in our daily lives. This outage was reported to have started in the…

Anthropic CEO Dario Amodei has publicly opposed a proposed 10-year moratorium on state-level artificial intelligence (AI) regulation, calling the measure “far too blunt an instrument” in a New York Times opinion piece. This criticism comes as Congress considers including the AI provision in President Donald Trump’s comprehensive domestic policy legislation, known as the “One Big Beautiful Bill Act.” “AI is advancing too head-spinningly fast,” the AI company’s CEO wrote, noting that the technology could fundamentally change society within just a couple of years. “In 10 years, all bets are off.” However, he fears that a decade-long freeze on state action…

Microsoft has announced a major new initiative to help European governments defend themselves against rising cyber threats. As a significant expansion to the company’s existing Government Security Program and an implementation of one of the five European Digital Commitments, this initiative named the European Security Program will be available to all European Union (EU) member states, EU accession countries, European Free Trade Association members, the United Kingdom, Monaco, and the Vatican. This new initiative promises to place artificial intelligence at its core, as it is specifically designed and tailored to address the escalating cyber threats that European nations face from…

Delivering the world’s first 102.4 terabits per second of switching capacity in a single chip, Broadcom has launched the Tomahawk 6 Chip, a product designed to meet the explosive demands of artificial intelligence (AI) infrastructure. As AI models grow larger and more complex, AI data centers need faster, more efficient networks to keep up. To solve this problem, Broadcom says in their press release that Tomahawk offers unmatched speed, efficiency, and reliability for the next generation of AI data centers. The Tomahawk 6 Chip stands out as the world’s first Ethernet switch to deliver 102.4 terabits per second (Tbps) of…

Marking a major shift in the ongoing legal battle with Epic Games, Apple has lost its latest attempt to delay changes to its App Store. On June 4, 2025, a U.S. federal appeals court rejected Apple’s urgent request to pause a court order that forces the tech giant to open its App Store to more competition and alternative payment options. The 9th U.S. Circuit Court of Appeals denied Apple’s plea to delay enforcement of a ruling by U.S. District judge Yvonne Gonzalez Rogers. The judge had previously found Apple in contempt for trying to sidestep an earlier injunction from the…

The National Information Technology Development Agency (NITDA) and Microsoft have recently renewed and expanded their partnership to boost Nigeria’s digital transformation, with Kashify Inuwa, the Director General for NITDA welcoming Jeff Bullwinkel, Microsoft’s Vice President and Deputy Counsel for Corporate External and Legal Affairs (EMEA), to NITDA’s headquarters in Abuja for a high-level meeting. The high-level meeting discussed strengthening the collaboration already established between both parties. By strengthening this collaboration, the goal of the partnership is to accelerate the adoption of advanced technologies, improve digital skills, and create new opportunities for millions of Nigerians. The partnership between NITDA and Microsoft…