Digital euro to cost EU banks 6 billion euros.
A top European Central Bank policymaker stated Thursday that the introduction of the digital euro might cost European banks between 4 billion and 6 billion
AfDB approves a $114 million loan for Africa’s first EV battery gigafactory in Morocco.
On Friday, the African Development Bank (AfDB) announced that it had authorized a €100 million ($114 million) loan to support the construction of Africa's first
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Spain to investigate X, Meta, and TikTok for AI-generated child pornography.
As European regulators step up their monitoring of big tech over dangerous and unlawful content, Spain has ordered prosecutors to look into social media sites
Alibaba introduces the Qwen3.5 model for the “era of agentic AI.”
Alibaba on Monday introduced Qwen 3.5, a new artificial intelligence model that can do difficult tasks on its own. The Chinese tech giant claims that
Anthropic hits a $380b valuation, emerging as the third most valuable startup after SpaceX and OpenAI.
The $380 billion valuation of artificial intelligence startup Anthropic solidifies its place among the world’s most valuable startups, along with rival OpenAI and Elon Musk’s
Africa’s biggest oil producer, Nigeria’s NNPC, records a $4.2 billion after-tax profit in 2025.
With Africa’s largest oil producer recording an average daily production of 1.62 million barrels of crude and condensate, Nigeria’s state oil company, NNPC, reported after-tax
Dubai International Airport remains the world’s busiest in 2025 with a record 95.2 million passengers.
As part of the emirate’s ongoing economic boom, officials announced on Wednesday that a record 95.2 million passengers passed through Dubai International Airport last year,
South Korean watchdog seeks tougher crypto laws to block vulnerabilities after a $40 billion giveaway.
The financial market watchdog in South Korea stated on Monday that stricter restrictions are required to address the weaknesses of cryptocurrencies, as evidenced by the
Goldman Sachs and Anthropic collaborate to use AI agents to automate banking processes.
Goldman Sachs is collaborating with technology company Anthropic to create AI-powered bots that will automate an increasing number of internal tasks. Goldman Sachs affirmed the
Uber was judged to be at fault in a sexual assault case and was mandated to pay $8.5 million.
In a 2023 sexual assault case, a federal jury this week ruled Uber legally liable, directing the ridesharing giant to reimburse a woman who claimed
The EU demands adjustments to protect users after accusing TikTok of “addictive design” that hurts minors.
In preliminary accusations that go right to the core of the well-known video-sharing app’s business model, the European Union accused TikTok on Friday of violating
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