Facebook deletes 63,000 Nigerian Yahoo boys’ profiles for sexual extortion scams.
In addition to sites and organizations attempting to coordinate, enlist, and teach new con artists, Meta claims to have removed over 63,000 Facebook profiles involved
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Japan plans to attract $2.3 trillion in public-private investment by 2040, Nikkei reports.
Simpler rules for European banks could boost lending by more than €2 trillion, the industry says.
Trump announces Apple-Intel partnership for design and production of “Made in US Chips.”
Goldman Sachs’ $1 trillion first-half M&A volume creates a new benchmark for dealmaking.
SpaceX acquires AI coding startup Cursor for $60 billion to surpass Anthropic and OpenAI.
Fox Corp. and Roku’s $22 billion merger deal is to produce the third-largest US television network by share of viewing.
U.S. bank regulators are rattled by the speed and extent of AI use at financial companies.
Elon Musk becomes the first trillionaire in history as SpaceX goes public.
The U.K.’s Frasers Group offers to buy struggling German fashion brand Hugo Boss for $2.31 billion.
Japan’s three top banks to jointly issue stablecoins by March 2027.
In addition to sites and organizations attempting to coordinate, enlist, and teach new con artists, Meta claims to have removed over 63,000 Facebook profiles involved
In response to rising inflation that reached a 28-year high and further pressure on the naira on both the official and black markets, Nigeria’s central
Google has abruptly reversed course on four years of work to phase out a technology that helps businesses follow consumers online and is abandoning plans
Based on secret assessments, a senior U.S. bank regulator discovered that 11 out of 22 large banks under its supervision have “weak” or “insufficient” risk
To get around issues with local supply, Nigeria’s Dangote refinery is in negotiations with Libya to get crude for the 650,000 barrels per day (bpd)
In one of the largest drug busts in the history of the nation, South African police have discovered an industrial-scale meth manufacturing facility and have
Nigeria’s competition watchdog announced on Friday that Meta Platforms had been fined $220 million. The inquiry revealed that data-sharing on social media platforms had breached
On Friday, a software update caused chaos on computer systems all around the world, causing services ranging from banking to healthcare to be disrupted, forcing
To support the currency, Nigeria’s central bank sold dollars to retail exchange bureaux on Thursday for 1,450 naira. It claimed that anomalies in the retail
During the first day of Amazon’s Prime Day in the US, consumers spent over $7.2 billion online across shops, according to a data released by