Economy

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IBM Announces Nighthawk as Its Lead Chip in Push for Quantum Breakthrough

IBM has introduced its newest and most powerful quantum processor, called IBM Quantum Nighthawk. The company says Nighthawk is a key step toward...

Economy

Google Releases “Private AI Compute” to Run Gemini Models Securely in the Cloud

Google has introduced "Private AI Compute," a new cloud service that runs its Gemini models while keeping user data private. The company says...

Economy

PayPal Re-Enters UK Market with Debit Card, Credit Options and “PayPal+” Loyalty

PayPal is changing its approach in the UK and is launching new payment products aimed at people who travel and shop often. The...

Economy

StubHub Stock Drops Following $1.3 Billion Net Loss

StubHub's stock plummeted over 28% on Friday after the company reported a staggering $1.3 billion net loss for the quarter, despite an 8%...

Economy

Microsoft and Google Raise Efforts for AI Infrastructure in Portugal and Germany

Two U.S. tech companies, Microsoft and Google, have announced large new investments in European data centers to meet growing demand for artificial intelligence...

Economy

Microsoft to Build Major AI Data Hub in Portugal with $10 Billion Investment

Microsoft will spend $10 billion to build a large AI data centre near Sines, Portugal, in a project seen as one of the...

Economy

VP Shettima Says Tinubu Has Ended Economic Inility, Urges Digital Focus

Vice President Kashim Shettima told delegates at the Digital Nigeria International Conference and Exhibition 2025 in Abuja that the Tinubu administration has steadied...

Economy

ADC Slams Tinubu Over New N1.15tn Domestic Loan Approval

The African Democratic Congress (ADC) has strongly criticised the Federal Government’s recent approval of N1.15 trillion in domestic borrowing. The party says the...

Economy

Anthropic Commits $50 Billion to Us AI Data Centers in Deal with Fluidstack

Anthropic has announced a $50 billion plan to build data centres in the United States, partnering with Fluidstack to place facilities in Texas...

Economy

Dow Jones Declines by 800 Points Due to Uncertainty Over Federal Rate Cuts

Dow Jones Industrial Average experienced a significant decline, dropping 797.60 points, or 1.65%, to close at 47,457.22. This marked its steepest daily drop...