In a significant turn of events, Microsoft briefly overtook Apple) as the world’s most valuable company on Thursday for the first time since 2021. This shift occurred as concerns over demand impacted Apple’s shares at the start of the year. D.A. Davidson analyst Gil Luria highlighted the inevitability of Microsoft surpassing Apple, noting, “It was Read More…
A regulatory storm brews as Microsoft’s collaboration with OpenAI comes under the antitrust microscope in both the US and UK following recent upheavals in the startup’s leadership. Nearing the resolution of a boardroom clash resulting in the abrupt exit and return of CEO Sam Altman, Microsoft, a substantial supporter of OpenAI, secured a non-voting observer Read More…
Hannatu Musawa, the Minister of Arts, Culture, and Creative Economy, revealed ongoing strategies to revolutionise Nigeria’s video game animation sector. Speaking at the third-quarter edition of the Xbox Developer Hangout, organised by Microsoft in Lagos, Musawa emphasised the intent to integrate Nigerian movies, music, fashion, and cultural elements into locally produced video games. Highlighting the Read More…
Amidst high-stakes discussions about the future of OpenAI, the company has announced the return of Sam Altman as CEO, just days after his abrupt removal, marking a significant turnaround for the AI powerhouse. The reinstatement of Altman follows intense negotiations, leading to an agreement that also involves a major overhaul of the board of directors, Read More…
Sam Altman, ousted CEO of OpenAI, is steering towards a new artificial intelligence (AI) venture following his dismissal, sources familiar with the plan disclosed on Saturday. The departure of Altman has sent ripples across the tech industry, leaving numerous questions about the future of the company. Former OpenAI president Greg Brockman, who exited the company Read More…
Unless our summations are wrong, the Federal Government may impose a six-per cent tax on turnover of non-resident blue-chip digital companies who sell products to Nigerian residents. These may affect companies such as Alphabet (owners of Google), Apple inc., Meta (owners of Facebook), Twitter, and PayPal who render online services to Nigerian residents. On Wednesday, Read More…
Microsoft conducted a probe into co-founder Bill Gates’ involvement with an employee almost 20 years ago after it was told in 2019 that he had tried to start a romantic relationship with the person, the company said on Monday. Microsoft said it had received a concern in the latter half of 2019 that Gates “had Read More…
Nigeria’s Vice President announces a collaboration with Microsoft to digitally upskill five million Nigerians Vice President Yemi Osinbajo says Nigeria is partnering tech giant, Microsoft Corporation, in accelerating the Economic Sustainability Plan (ESP). This is being achieved by deepening the country’s digital economy. Osinbajo’s spokesman, Laolu Akande, made this known in a statement on Monday, Read More…
