Business news covering companies, markets, startups, economy, investments and corporate trends shaping global and local industries.
Category: Business
AI spending boom remains strong as ASML and TSMC raise forecasts
Fresh forecasts from ASML and TSMC show that the global artificial intelligence spending boom remains strong, especially in the semiconductor and cloud computing sectors. The two industry giants have projected another quarter of heavy investment as major American technology companies continue expanding their AI infrastructure. This outlook suggests that demand for advanced chips remains high…
The Growing Threat of AI-Powered Scams
AI scams are increasing rapidly and becoming more sophisticated. In 2025, the Federal Bureau of Investigation reported more than 22,000 AI-related fraud cases, with losses exceeding $893 million, although the real number is likely higher because many victims feel too embarrassed to report. Today, AI tools are cheap, easy to access, and require little skill,…
NASA Launches Powerful Mission Toward the Moon
NASA has successfully launched its Artemis II mission, marking a historic step in humanity’s return toward the Moon after more than five decades. The spacecraft lifted off from Kennedy Space Center following a brief delay to resolve technical issues at the launch pad. The launch took place on April 1, 2026, at 12:35 AM Kigali time. This mission…
Meta Gains Ground in Digital Advertising Market
Meta is expected to overtake Google in global digital advertising revenue for the first time, marking a major shift in the tech industry. This development reflects changing trends in how companies generate income from online platforms. According to recent projections, Meta could generate around 243.46 billion dollars in advertising revenue by the end of 2026. In comparison, Google…
Aircraft Delivery Strengthens Strategic Partnership
On April 13, 2026, CDB Aviation delivered a Boeing 737-8 to China Southern Airlines under a long-term lease. This deal shows a stronger partnership between the lessor and one of China’s largest carriers. With this aircraft, CDB Aviation now leases three modern jets to China Southern. It had already delivered two Airbus A321neo in August…
X Tightens Monetization Rules to Curb Clickbait and Promote Original Content
X has introduced new measures aimed at reducing the spread of clickbait and recycled content, signaling a major shift in how the platform rewards creators. The decision targets accounts that rely heavily on sensational headlines, misleading visuals, or reposted material to attract engagement. According to platform officials, accounts that aggregate content from other sources have…
New Policy to Protect Young Users Online
Greece has announced plans to restrict access to social media platforms for children under the age of 15, starting January 1, 2027. The decision reflects growing concern about the impact of digital platforms on children’s health and well being. Focus on Mental Health and Sleep IssuesLawmakers aim to address rising cases of sleep disruption and mental…
New Alliance to Boost Semiconductor Production
Intel has joined forces with SpaceX and Tesla to develop a large semiconductor manufacturing facility in Texas. The project, known as Terafab, reflects a strategic move to strengthen domestic chip production and support future technological growth. Meeting Rising Demand for Advanced ChipsThe partnership aims to produce high performance chips capable of handling massive data processing demands. These semiconductors will play…
Guinea to Send Students to Rwanda for Technology and Science Training
Guinea is preparing to send students and researchers to Rwanda to study science and technology, marking a new step in strengthening educational cooperation between the two countries. The announcement came from Guinea’s Minister of Higher Education and Scientific Research, Dr. Diaka Sidibé, following an official visit to Rwanda on April 10, 2026. During the visit,…
The Role of Digital Literacy in Empowering Students
In today’s fast changing digital world, the ability to use technology effectively has become one of the most important skills for students. Digital literacy is no longer an optional competence; it is now a core requirement for learning, communication, and future employment. As education and workplaces continue to evolve, students who develop strong digital skills…
The Idea Behind TV for Dogs
Six years ago, Luca Carano lived in Barcelona with his girlfriend. One evening, they left their dog Luna at home while they went out for dinner. Carano worried that Luna would feel lonely. He wondered if YouTube had something she could watch. He decided to create his own solution. He launched Siesta Dog TV. The…
WhatsApp Warns Users After Fake Apps Linked to Surveillance Scandal
WhatsApp has issued a warning to nearly 200 users, mainly in Italy, after they unknowingly installed fake versions of the messaging app on their iPhones. The company says the counterfeit apps were designed to collect sensitive user data. According to WhatsApp, the fake applications are linked to an Italian surveillance software company known as SIO. These apps…
Starcloud Secures $170 Million to Build Space Based Data Storage Infrastructure
Starcloud has raised 170 million dollars in new funding to support its ambitious plan to build data storage infrastructure in space. This latest investment brings the company’s total funding to around 200 million dollars and pushes its valuation to approximately 1.1 billion dollars shortly after launching its project. The company aims to move data storage beyond…
AI Device Translates Animal Sounds to Help Humans Understand Their Needs
Researchers in Switzerland have introduced a new artificial intelligence powered device designed to interpret animal sounds and translate them into human-readable language. This innovation marks a significant step forward in improving communication between humans and animals. The device combines microphones and advanced sensors to capture animal vocalizations and behavioral patterns. It then uses AI algorithms…
Artemis II Astronauts Capture Rare Space Views as They Return to Earth
NASA continues to push the boundaries of human space exploration as astronauts aboard the Artemis II mission begin their journey back to Earth after completing key milestones around the Moon. The four astronauts successfully reestablished communication with mission control after a planned 40-minute signal blackout. This interruption occurred while their spacecraft, Orion, traveled behind the far side of the…
Apple Devices That Transformed Global Technology Over 50 Years
Apple Inc. is celebrating 50 years of innovation in April 2026, marking a major milestone in its journey as a global technology leader. The company began in a garage in 1976 with a valuation of 1.2 billion dollars and has since grown to reach approximately 4 trillion dollars by the end of 2025. Today, nearly one…
Ghana’s National ID cards can now make payments
Ghana has taken a major step toward financial inclusion by enabling payments through its national identification system. The National Identification Authority has introduced a digital wallet feature on the Ghana Card, allowing citizens to use their ID for financial transactions. The Ghana Card, already used for services such as SIM registration and passport applications, now…
Visa Launches Tools to Reduce Payment Disputes
Visa has introduced a new suite of dispute resolution tools aimed at modernizing how payment conflicts are handled. The launch comes as dispute volumes continue to rise across the global payments ecosystem. In 2025, Visa processed a record 106 million disputes worldwide, marking a 35 percent increase since 2019. This surge has created operational pressure…
Visa Warns AI Alone Cannot Stop Rising Financial Scams
Financial institutions are confronting a new wave of scams that combine advanced technology with human manipulation. As digital payments grow faster and more accessible, fraud tactics are evolving just as quickly. A recent discussion led by Aman Cheema, Vice President and Head of Global Professional Services for Risk and Security Intelligence Solutions at Visa, highlights…
Kenyan Workers Earn More but Rely on Credit and Side Hustles
Workers in Kenya are reporting improved incomes and a more positive financial outlook. Recent data shows that financial satisfaction has reached 5.9 out of 10, recovering to levels seen in 2023 after a decline in 2024. Around 70 percent of workers expect their financial situation to improve within the next six months, up from 63…
Apple Introduces RCS Messaging Support in iOS 26.5 Update
Apple is testing a major upgrade to its messaging system with the introduction of Rich Communication Services in its latest iOS 26.5 beta release. This move signals a significant shift in how iPhone users may communicate in the near future. What RCS Means for iPhone Users Rich Communication Services, commonly known as RCS, uses internet connectivity…
OpenFX Raises $94 Million to Expand Stablecoin Cross Payments
OpenFX, a foreign exchange startup, has raised 94 million dollars in a Series A funding round to expand its stablecoin powered cross border payment platform. The company aims to simplify international money transfers by building infrastructure that allows businesses to move funds faster and at lower cost. The funding comes less than a year after…
Why OpenAI Shut Down Sora After Just Six Months
OpenAI recently made the surprising decision to shut down Sora, its AI-powered video generation platform, only six months after launching it. While early speculation linked the move to data collection concerns, new findings reveal a more practical reason behind the shutdown. High Costs and Declining Usage Sora required significant computing power to generate AI videos, making it…
NASA Plans $20 Billion Lunar Base to Accelerate Artemis Mission
Shift From Orbital Station to Lunar Surface Base NASA has announced a major shift in its Artemis program, revealing plans to invest $20 billion in building a permanent base on the Moon. The announcement came from NASA Administrator Jared Isaacman, who outlined a new strategy aimed at advancing human space exploration. Initially, NASA planned to construct a…
Austria Plans Social Media Ban for Children Under 14
Government Moves to Protect Young Users Austria is preparing new legislation to limit social media access for children under the age of 14, as concerns grow about the impact of digital platforms on young users. The proposal comes from the country’s three-party coalition government, which has agreed on the need for stronger protections. Although authorities…
Zuckerberg and Musk Exchange Messages Over DOGE Role, Court Documents Reveal
Early Collaboration Amid Political Transition Newly released court documents have revealed that Mark Zuckerberg once offered support to Elon Musk during the early stages of his involvement in a U.S. government cost reduction initiative known as DOGE. The exchange reportedly took place shortly after Donald Trump secured a second term as President of the United States. At the time, the relationship…
Rwanda Integrates Unitree G1 EDU U6 Humanoid Robot into Education System
AI and Robotics Gain Ground in Rwanda’s Education Sector Rwanda continues to expand its investment in artificial intelligence and emerging technologies as part of its national development strategy. In 2023, the government approved a five year AI policy aimed at accelerating innovation and economic growth, with an estimated investment of 76.5 million dollars. As part…
Tecno and MTN Rwanda Launch Camon 50 Series with Advanced AI Features
New AI Powered Smartphone Enters Rwandan Market MTN Rwanda and Tecno have officially introduced the Tecno Camon 50 Series, a new smartphone designed with integrated artificial intelligence features. The launch event took place in Kigali on March 27, 2026. The device reflects a growing trend in the mobile industry where AI plays a central role in enhancing user experience. As smartphones…
Court Orders Meta and Google to Pay Damages Over Social Media Addiction Case
Landmark Ruling on Social Media Impact A court in Los Angeles has ordered Meta and Google to pay $6 million in damages to a woman identified as Kaley. The ruling found that platforms operated by the companies, including Instagram and YouTube, contributed to harmful patterns of use that negatively affected her mental health. The court concluded that these platforms were designed in ways that…
Blue Origin Explores Space Data Centers with Project Sunrise Initiative
A New Vision for Data Storage in Space Blue Origin, the space company founded by Jeff Bezos, has unveiled an ambitious plan to build data storage infrastructure in space. The company recently submitted a proposal to the United States government seeking approval to launch more than 50,000 satellites as part of a project called Project Sunrise. The…
Elon Musk Plans Terafab Chip Factory in Texas to Boost AI and Automotive Innovation
New Chip Manufacturing Strategy Elon Musk has announced a new industrial project that brings together his companies Tesla and SpaceX. The initiative focuses on building a major semiconductor factory in Austin, Texas, aimed at strengthening control over critical technology components. The new facility, named Terafab, will specialize in producing advanced chips that power modern technologies. Chips act as the processing…
NASA Plans $20 Billion Lunar Base to Accelerate Artemis Mission
Strategic Shift in Artemis Program NASA has announced a major shift in its Artemis program, unveiling plans to invest $20 billion in building a permanent base on the Moon. The announcement came from NASA Administrator Jared Isaacman, who emphasized the agency’s renewed ambition to match the scale and impact of the historic Apollo program, which ended in 1972. Originally launched…
Artemis III Mission to Orbit the Moon Marks Major Step in Space Exploration
Overview of the Upcoming Lunar Mission A team of four astronauts, including three Americans and one Canadian, is preparing for a historic journey around the Moon as part of the Artemis III mission. The crew will travel more than 805,000 kilometers in a mission designed to orbit the Moon before safely returning to Earth. This mission…
Bluesky Secures $100 Million Funding to Accelerate Platform Growth
Bluesky Raises New Capital to Scale Operations Bluesky has secured $100 million in a second funding round to expand its operations and strengthen its position in the global social media market. The round was led by Bain Capital Crypto and concluded in April 2025, with results now publicly shared. This new investment builds on earlier funding rounds, including…
Spade Raises $40 Million to Expand Transaction Data Intelligence
Spade has secured 40 million dollars in a Series B funding round to expand its platform that transforms transaction data into actionable insights for banks and fintech companies. The company plans to use the funding to enhance its technology and grow its team as demand for data driven financial services increases. Founded in 2021, Spade…
Microsoft and Nvidia Partner to Accelerate Nuclear Energy with AI
Microsoft and Nvidia have announced a strategic collaboration aimed at accelerating the development of nuclear energy infrastructure using artificial intelligence. The initiative reflects a growing effort by the technology sector to address the rising energy demands driven by AI systems. The announcement came during the CERAWeek conference, where Microsoft President Brad Smith highlighted the role of AI in solving long standing challenges…
China’s Brain Chip Technology Trails Neuralink but Shows Rapid Progress
China’s push into brain-computer interface technology is accelerating, even as it remains behind global leaders like Neuralink. A Chinese firm, NeuCyber Neurotech, has acknowledged that its brain chip technology currently lags Neuralink’s by about three years, highlighting the growing global race in neurotechnology innovation. Neuralink, founded by Elon Musk, has already implanted its fully integrated brain chip in…
SEO Title: Elon Musk Found Liable for Misleading Tweets in Twitter Acquisition Case
A court in California has ruled that Elon Musk misled investors during his 2022 acquisition of Twitter, a decision that could reshape how high-profile business leaders communicate during major financial deals. The ruling follows a three-week trial held in San Francisco, where a jury found that Musk published misleading statements on Twitter in May 2022. These statements reportedly contributed to a…
Pinterest CEO urges global ban on social media for under-16 users
Pinterest CEO Bill Ready has called for a global ban on social media for children under 16. He made the statement in a LinkedIn post on Friday. The announcement comes amid a high-profile trial in Los Angeles about youth mental health and social media use. Context of the legal trial The trial involves Google and…
Amazon explores AI-Powered smartphone comeback after fire phone failure
Amazon is preparing for a possible return to the smartphone market, more than ten years after the failure of its Fire Phone. The company is quietly developing a new device, internally known as “Transformer,” as part of its broader strategy to strengthen its position in artificial intelligence and consumer technology. Lessons from the Fire Phone…
Darksword Malware Threatens iPhone Users, Millions at Risk from Data Theft
Cybersecurity researchers have discovered a new malicious program called Darksword that targets iPhone users and aims to steal sensitive personal data. This development highlights growing concerns about mobile security, especially for users who have not updated their devices. Experts traced the malware to Ukraine, where attackers distributed it through multiple websites. Once users visit these…
Samsung to Invest $73 Billion in AI Semiconductor Growth
Samsung Electronics has announced plans to invest $73.24 billion in 2026 to expand its capabilities in artificial intelligence semiconductors. The company will allocate these funds to research, development, and infrastructure, aiming to strengthen its position in the global chip market. This move reflects the growing demand for advanced computing power driven by artificial intelligence technologies across multiple industries….
