Author: precious

The United States has taken its toughest stance yet against Chinese technology, by rolling out sweeping restrictions that affect everything from artificial intelligence (AI) to advanced computer chips. This crackdown, starting out from trade and economics, has now shifted to the U.S. doing every possible thing to secure its security, global influence, and the country’s future innovation. The relationship between the U.S. and China has always been complex. In recent years, however, it has shifted from cooperation, albeit a subtle one, to sordid competition, especially in the technology sector. The Trump-led U.S. government sees China’s rapid progress in fields like…

Two years after the Massachusetts Institute of Technology (MIT) reported and touted the great potential of generative AI in the corporate world, the institute’s researchers are now back with another study that reveals a complex picture of ChatGPT’s impact on human cognition. According to the research, there was a pattern of cognitive decline amongst ChatGPT/Generative AI users who were in the study. ChatGPT, developed by OpenAI, has quickly become one of the most widely used AI assistants in the world. People use it to write emails, summarize documents, generate ideas, and even help with school assignments. But as its use…

After more than a decade of promising an ad-free experience, WhatsApp has officially announced that it’ll be introducing advertisements into its popular messaging platform that has long prided itself on keeping users’ conversations free from commercial interruptions. Home to these ads is the Updates tab, a space dedicated to Status updates and the Channels feature. Since the launch of WhatsApp in 2009, the company has stood out among messaging apps for its commitment to privacy and simplicity. The company’s founders, Brian Acton and Jan Koum, famously adopted a strict “No ads! No games! No gimmicks!” policy. This policy was so…

LemFi, a London-based fintech company known for its cross-border payment services, has announced the acquisition of UK credit startup Pillar. Signaling a strategic move as the company is expanding beyond remittances and introducing new credit solutions tailored specifically for immigrants, the acquisition is expected to address a long-standing challenge for millions of immigrants who want to build credit in a new country. For many immigrants, moving to a new country often means starting from scratch financially, even if they had strong credit histories in their home countries. Due to the fact that these records rarely transfer internationally or across borders,…

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…