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Top technext24.com News

Scale AI CEO Leaving After $14B Deal with Meta
Mark Zuckerberg

Scale AI CEO Leaving After $14B Deal with Meta

47% Center coverage: 19 sources
Tech giant Meta is investing more than $14 billion to acquire a 49% stake in artificial intelligence firm Scale AI, the San Francisco-based company's CEO confirmed on X.See the Story
African Development Bank Greenlights $184.1M to Back Africa’s Largest Solar Power Facility in Egypt
Renewable Energy · Egypt

African Development Bank Greenlights $184.1M to Back Africa’s Largest Solar Power Facility in Egypt

67% Center coverage: 3 sources
Cairo – June 12, 2025: The African Development Bank (AfDB) Group has approved a financing package of up to $184.1 million to back the development of the Obelisk solar project in southern Egypt. Once completed, the project will stand as Africa’s largest solar power facility, with a capacity of 1 gigawatt. It will also feature a 200 MWh battery energy storage system to enhance grid stability and ensure a more consistent flow of renewable energy. T…See the Story
Court Jails Four Filipinos, Eight Nigerians for Internet Fraud, Cyber-Terrorism
Terrorism · Lagos

Court Jails Four Filipinos, Eight Nigerians for Internet Fraud, Cyber-Terrorism

100% Center coverage: 1 sources
Justice Yellim Bogoro of the Federal High Court sitting in Ikoyi, Lagos, on Friday, June 13, 2025, convicted and sentenced four Filipinos who were among the 729 people arrested in connection with ponzi scam and cyber terrorism at Oyin Jolayemi treet in December, 2024 for cyber-terrorism and internet fraud offence.See the Story

Blindspots

White House Security Staff Warned Musk’s Starlink Is a Security Risk: Washington Post
White House Security Staff Warned Musk’s Starlink Is a Security Risk: Washington Post
Blindspot:
32 sources

White House Security Staff Warned Musk’s Starlink Is a Security Risk: Washington Post

NCC, stakeholders collaborate to tackle rural connectivity challenges

100% Left coverage: 1 sources
The forum brought together regulators, community leaders, technical experts and potential foreign investors, among others, to examine policy and regulatory barriers The post NCC, stakeholders collaborate to tackle rural connectivity challenges appeared first on Premium Times Nigeria.Abuja · AbujaSee the Story

Moove Eyes $300M Raise to Fuel Global Robotaxi Goal, Get Unicorn Status - Tech

Moove, a Nigerian-founded mobility company backed by Uber, is currently in the market for $300 million in fresh capital, The Information reveals. If successful, this raise will push its valuation beyond the $1 billion mark, giving the company unicorn status and enable Moove to become one of the top global drivers of sustainable urban transport. In just over a year, Moove’s annual revenue jumped from $115 million to $360 million. That’s around $3…Technology · NigeriaSee the Story

Industrial Court upholds Ibrahim Ayoade’s removal as AUATON Secretary, Ayoade appeals

The National Industrial Court has upheld the removal of Comrade Ibrahim Ayoade as the General Secretary of the Amalgamated Union of App-Based Transporters of Nigeria (AUATON). This was disclosed in a statement by the spokesperson of the Lagos State Council of the union, Comrade Steven Iwindoye. Delivering its judgment in the Suit No: NICN/ABJ/97/2024, filed by the National Chairman of the union, Comrade Adedamola Adeniran and the AUATON body, Ho…Apps · LagosRead Article

Yahoo Tries to Make Its Mail Service Relevant Again - TechCentral

Yahoo is rolling out new artificial intelligence features for its e-mail platform in an effort to better engage younger users.Artificial Intelligence · SunnyvaleSee the Story

Africa’s Digital Future: How AI and Tech Startups Are Reshaping the Continent

In a continent long defined by its vast resources, vibrant cultures, and complex histories, a new narrative is emerging—one powered by innovation, artificial intelligence (AI), and a surge of tech startups. Africa is not just catching up to the digital age; it’s carving out its own unique path, led by a bold generation of tech entrepreneurs reimagining what’s possible. Across cities like Lagos, Nairobi, Cape Town, Kigali, and Accra, hubs of inno…Artificial IntelligenceSee the Story

Court Denies Access Bank’s Bid to Freeze MTN’s Accounts over N180.95bn Debt

A Federal High Court in Lagos has refused a request by Access Bank Plc to freeze the bank accounts of MTN Nigeria Communications Plc over a disputed N180.95 billion debt claim arising from a defunct infrastructure-sharing agreement with now-collapsed Multi-Links Telecommunications. In a ruling delivered by Justice Akintayo Aluko, the court declined to grant a Mareva injunction — a freezing order — sought by Access Bank and three companies under …Lagos, Lagos · LagosSee the Story

How fintech startups evade federal law through Nigeria’s state gaps

Some Nigerian fintech startups have the opportunity to exploit fragmented regulatory oversight by incorporating in states with weaker scrutiny. These companies target states where regulatory bodies lack the tools or will to enforce national compliance. The result is a growing list of fintech entities operating within legal grey zones. Startups pick these states to escape requirements set by federal authorities, especially the Central Bank of Nig…Startups · LagosRead Article

Cybersecurity in Emerging Economies: Challenges and Opportunities for Building Scalable, Secure Infrastructure

The massive digital transformation that has swept across the emerging economies presents both unprecedented opportunity and vulnerability. With the speed with which countries in Africa, Asia and Latin America have embraced digital services, such as fintech applications, EdTech, mobile banking, MedTech and electronic governance, the need for secure, scalable infrastructure has never been more pronounced. Compared to highly industrialised countrie…Nigeria · NigeriaRead Article

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