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Microsoft and OpenAI have a financial definition of AGI: Report
Microsoft and OpenAI have a very specific, internal definition of artificial general intelligence (AGI) based on the startup’s profits, according to a new report from The Information. And by this definition, OpenAI is many years away from…
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ChatGPT search vulnerable to manipulated summaries, The Guardian reports
ChatGPT Search, OpenAI's new AI-powered search engine launched this month, has been found susceptible to generating misleading summaries due to hidden text attacks, according to an investigation by The Guardian.
The feature is designed…
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TikTok removes over 2 million Nigerian videos in content policy crackdown
TikTok removed 2.1 million videos from Nigerian users in Q3 2024 for violating its content policies, placing Nigeria among the top 50 markets responsible for offending content during this period.
Globally, 147.8 million videos were taken…
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NCA finally publishes Telecoms Market Share figures for 2024
The National Communications Authority (NCA) has finally published market share figures for the telecoms industry for the year 2024, and they indicate that all efforts to cure the market imbalance do not seem to have achieved much so far.…
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Spotify founders cash in $900 million amid stunning market resurgence
Spotify co-founders Daniel Ek and Martin Lorentzon have collectively earned $900 million in stock payouts in 2024, fuelled by the streaming giant’s market valuation skyrocketing to nearly $100 billion.
This marks a dramatic recovery for…
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MTN Nigeria renews spectrum lease agreement with NTEL to enhance connectivity
MTN Nigeria Communications PLC (MTN Nigeria) has officially renewed its spectrum lease agreement with Natcom Development and Investment Limited (NTEL) following approval from the Nigerian Communications Commission (NCC).
The renewal marks…
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NCC approves long-awaited telecom tariff increases
The Nigerian Communications Commission (NCC) has approved a proposal for telecom tariff hikes, with new rates for calls, SMS, and internet bundles set to take effect in January 2025.
This decision follows more than a decade of lobbying…
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CBN, NCC mandate banks to pay $275 million USSD debt to telcos by December 31
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have directed banks to pay $275 million—85% of a $324 million debt owed to telecom operators for USSD charges—by December 31, 2024.
A December 20 memo…
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aYo Ghana donates IT tools to support ICT education in Vume–Kpoviadzi
As part of its 2024 corporate social responsibility (CSR) initiatives, aYo Intermediaries Ghana, a leading microinsurance company, has donated essential IT tools to the Vume–Kpoviadzi community in the Volta Region to enhance ICT education…
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Cash comeback challenges M-Pesa’s hold on payments
In 2024, increasing transaction costs and heightened scrutiny from government authorities, including the Kenya Revenue Authority (KRA), have spurred more merchants in Kenya to embrace cash over mobile payments.
According to Financial…
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