Category: Technology business

Over 3M MSMEs to Benefit as Nigeria Launches FG/ALAT Skillnovation

Over 3M MSMEs to Benefit as Nigeria Launches FG/ALAT Skillnovation

No going back on creating inclusive economy, VP Shettima declares F7OTsiqXAAAxz93 F7OTsiuXsAAYxdv F7OTsirXsAAqRvj F7OTsipWQAATS6m In a bid to support information technology revolution that would, in turn, extend the reach of…

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Elon Musk's X Corp sues California to undo content moderation law

California’s content moderation statute is being challenged in court by Elon Musk’s X Corp

Elon Musk's X Corp filed a lawsuit against the state of California on Friday in response to a state law mandating social media companies to post their policies for handling…

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Tensions between the United States and China over semiconductors started with the trade war under the Trump administration and have risen under President Joe Biden's leadership as Washington seeks to undermine Beijing's efforts to develop its high-tech industry.

China will establish a $40 billion governmental fund to support the chip sector

According to two people with knowledge of the situation, China is getting ready to launch a new state-backed investment fund with the goal of raising approximately $40 billion for its…

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Big Tech braces for EU Digital Services Act regulations

Big Tech is ready for the EU Digital Services Act rules

The comprehensive Digital Services Act (DSA) of the European Union imposes new regulations on content moderation, user privacy, and transparency, putting more than a dozen of the largest internet businesses…

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Citi buys stake in Peruvian foreign exchange fintech

Citi invests in a foreign exchange fintech company in Peru

As its first fintech investment in Latin America, Citigroup has purchased a share in the Peruvian firm Rextie, which deals in foreign exchange. Executives from Citi and Rextie said the…

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Xpeng's former autonomous driving head joins Nvidia

Former Xpeng head of autonomous driving joins Nvidia

Wu Xinhou, the former vice president of autonomous driving of the Chinese electric vehicle manufacturer Xpeng, is joining the Nvidia (NVDA.O) division of the Nvidia Corporation, he announced on Thursday.…

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Arm, a semiconductor designer sponsored by SoftBank, has disclosed filing for a massive U.S. IPO

Arm, a semiconductor designer sponsored by SoftBank, has disclosed filing for a massive U.S. IPO

The chip designer Arm Holdings, which is funded by SoftBank Group, stated in its application for a U.S. initial public offering (IPO) that is anticipated to be the largest listing…

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Israeli tech startups flock to US amid uncertainty at home

Israeli technology startups move to the US amid unrest at home

A increasing number of Israeli software businesses are setting up shop in the United States, drawn in by wealthy American investors and pro-business legislation, and given a boost by a…

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Intel, Tower terminate $5.4 bln deal over regulatory hurdles

Due to regulatory obstacles, Intel and Tower cancel their $5.4 billion deal.

The proposed $5.4 billion merger between Intel and Israeli contract chipmaker Tower Semiconductor has been amicably cancelled since neither company was able to obtain regulatory approvals in a timely manner,…

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US SEC delays decision on Cathie Wood's spot bitcoin ETF

Delaying a decision on Cathie Wood’s spot bitcoin ETF by the US SEC

According to a filing by the regulator on Friday, the U.S. Securities and Exchange Commission (SEC) has postponed a decision on whether to accept Cathie Wood-led Ark Investment Management's (ARK)…

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