AGS NEWS – Google has agreed to delete billions of data records as part of a settlement for a lawsuit accusing the tech giant of improperly tracking users’ web-browsing habits. The lawsuit, filed in 2020, alleged that Google misrepresented the … Continue reading Google agrees to delete billions of browser records in ‘Incognito’ lawsuit settlement
AGS NEWS – Lagos State Governor, Mr. Babajide Sanwo-Olu, has affirmed his commitment to partnering with Mastercard to advance technology, digitalization, and innovation in the state. During a visit by the management of Mastercard, led by Dr. Dimitrios Dosis, President … Continue reading Lagos state set to partner with MasterCard on technology
AGS NEWS – The US Justice Department, along with several states, has filed a major antitrust lawsuit against tech giant Apple, marking the latest development in the government’s crackdown on Big Tech companies. The lawsuit accuses Apple of monopolistic practices, … Continue reading US government and states sue Apple in landmark antitrust case
AGS NEWS – Intel (INTC.O) is set to embark on a massive spending spree totaling $100 billion across four U.S. states to construct and expand factories. This move follows the acquisition of $19.5 billion in federal grants and loans, with … Continue reading Intel plans $100 billion investment in U.S. factories after securing federal funding
A year after its Super Bowl debut in advertising, Temu, an online shopping platform backed by Chinese investors, is intensifying its efforts in its primary market with a second ad during America’s premier event and a whopping $15 million worth … Continue reading Temu amplifies Super Bowl presence, unveils TV ad and $15 million giveaways
After 36 hours of negotiations, European Union (EU) officials have reached a provisional agreement on groundbreaking regulations for the use of artificial intelligence (AI). The deal encompasses rules regarding AI systems like ChatGPT and facial recognition. The AI Act proposals … Continue reading EU reaches landmark agreement on artificial intelligence regulation
Nigerian author and Nobel laureate, Professor Wole Soyinka, expressed concerns about the impact of technology on literacy during the closing ceremony of the 3rd Intra-African Trade Fair in Cairo, Egypt. Soyinka acknowledged the positive aspects of technology, citing examples like … Continue reading Technology is causing our youth to become illiterate – Wole Soyinka
MTN Nigeria, known for its innovative approach, has teamed up with tech giant Microsoft to introduce transformative cloud technology to Nigerian organizations. This collaboration aims to digitize business operations through innovative products, enabling organizations to leverage the power of cloud … Continue reading MTN and Microsoft join forces to transform business operations with cloud computing
The Rural Electrification Agency has commenced the installation of decentralized Solar Home Systems (SHS) in the Makoko area of Lagos State, aimed at providing energy access to underserved and off-grid communities. Mr. Salihijo Ahmad, the agency’s CEO, emphasized that this … Continue reading FG commences solar power project installation in Makoko community
China’s cyberspace regulator has declared that products manufactured by US memory chip giant Micron Technology pose significant network security risks and are a threat to national security. In a statement released on Sunday, the Cyberspace Administration of China (CAC) announced … Continue reading China deems Micron technology products a national security threat
Governor Babajide Sanwo-Olu of Lagos State has announced the intention of his administration to transform several skills acquisition centers into Eko Creation Innovators Hubs as part of efforts to address the “japa” syndrome. During the commissioning of the Sail Innovation … Continue reading Lagos state to establish eko creation innovators hubs to address ‘Japa’ syndrome
In a surprising move, Elon Musk has announced Linda Yaccarino as the new chief executive officer (CEO) of Twitter, just over six months after his controversial acquisition of the social media company. Yaccarino, previously the head of advertising at NBCUniversal, … Continue reading Elon Musk appoints Linda Yaccarino as CEO of Twitter
Former Nigerian President, Goodluck Jonathan, has commended current President Muhammadu Buhari for prioritizing economic self-reliance and directing the National Agency for Science and Engineering Infrastructure (NASENI) to train 100 Bayelsa youths in modern electrical installation and maintenance. Speaking at the … Continue reading Goodluck Jonathan calls for increased government investment in science and technology
Arvind Krishna, the CEO of IBM, has announced that the company will pause recruitment for jobs that could be replaced with AI within the next five years. Krishna explained that jobs in back-office functions like human resources will slowly be … Continue reading IBM CEO states company may replace 7,800 jobs with AI, will pause hiring for replaceable roles
Chuka Ofili, a tech entrepreneur, has predicted that the expansion of Artificial Intelligence (AI) will generate approximately 133 million jobs by 2025. Speaking at the 2023 edition of The Platform on Monday, Ofili stated that the upscaling of technology would … Continue reading Chuka Ofili predicts 133 million jobs to be created by 2025 due to AI expansion, allays job-loss fears
Nestlé Nigeria is committed to reducing the technical skills gap in Nigeria by training young people to acquire the necessary skills to contribute to the country’s economic growth, according to the Managing Director and Chief Executive Officer, Wassim Elhusseini. Speaking … Continue reading 20 youths equipped with technical skills by Nestlé Nigeria
Governor of Ebonyi State, David Umahi, has taken a significant step towards good governance and effective service delivery by approving the establishment of the Ministry of Aviation and Technology in the state. This development was announced in a statement issued … Continue reading Ebonyi State Governor establishes Ministry of Aviation and Technology to enhance governance and service delivery
Elon Musk, the owner of Twitter for nearly six months, jokingly revealed in a recent interview with the BBC that he has been sleeping on a couch in the company’s seventh-floor library, which he claims is now being run by … Continue reading Elon Musk reveals he sleeps on Twitter office couch and claims his dog is the CEO (watch the video)
Crypto currency losses resulting from hacks and scams declined by $452 million in the first quarter of 2023, as revealed in a report titled ‘Report: $452m Lost in Crypto in Q1 2023. New Trends of Hacks and Scams’ by De.Fi, … Continue reading De.Fi report: Crypto losses drop to $452m in Q1 2023
A Kuwaiti media outlet has unveiled “Fedha,” an AI-generated virtual news presenter. Fedha, portrayed as a woman with uncovered light-colored hair, greeted the audience in classical Arabic on Kuwait News’ Twitter account. As the first AI-powered news presenter in Kuwait, … Continue reading Kuwaiti media outlet introduces AI-generated news presenter
Samsung Electronics is set to reduce memory chip production as it estimates a 96% drop in quarterly operating profit due to lower sales amid a slow global economy and reduced demand after the Covid-19 pandemic. Preliminary numbers indicate that operating … Continue reading Samsung to reduce chip production as quarterly profits drop by 96%
Italy has become the first Western country to block advanced chatbot ChatGPT, citing privacy concerns. The Italian data-protection authority announced that it would ban and investigate US start-up OpenAI, which created ChatGPT and is backed by Microsoft, “with immediate effect”. … Continue reading Italy has become the first Western country to ban ChatGPT over privacy concerns
According to a report by investment bank Goldman Sachs, the adoption of Artificial Intelligence (AI) could lead to the replacement of around 300 million full-time jobs globally. The report suggests that up to 25% of work tasks in the US … Continue reading Could AI replace millions of jobs? Let’s find out!
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