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Crypto Briefing

Kelsier Ventures Eyes Nigeria for New Solana-Based Crypto Project

Kelsier CEO Hayden Davis insists the company controls the funds and denies any wrongdoing, attributing the LIBRA fallout to a sudden policy shift by Milei’s team. Kelsier Ventures, the firm embroiled in Argentina’s LIBRA meme coin scandal, is reportedly in talks with Nigerian officials to launch a similar project on the Solana blockchain, The Big Whale reports. The LIBRA controversy led to an estimated $4 billion loss affecting 40,000 investors.

Phone Arena

Google Developing AI Browser Assistant ‘Project Jarvis’ to Automate Daily Tasks

According to a report from The Information, this "computer-using agent" aims to simplify everyday interactions by handling web-based activities directly through a browser interface. Google is reportedly working on a new generative AI tool, codenamed Project Jarvis, designed to operate within a web browser and automate routine tasks for users.

The Cable NG

Nigeria to Invest $2 Billion in Expanding Fibre Optic Network by 90,000km

Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, disclosed the initiative during a visit to the vandalized Digital Innovation Park in Kano on Monday. The federal government has announced a $2 billion investment plan aimed at expanding Nigeria's fibre optic network by 90,000 kilometers.

Zawya

SEC Grants Approval to Busha Digital, and Quidax Technologies as Part of Digital Asset Innovation

The approvals were announced in a statement released on Thursday in Abuja. These companies are part of a broader cohort that includes two digital asset exchanges, four digital asset offering platforms, and one digital asset custodian, as the SEC continues its commitment to deepening the capital market through digital innovation.

Decrypt

Quidax Becomes First Nigerian Crypto Exchange to Secure Provisional License Amid Regulatory Shifts

This milestone marks a significant move towards broader acceptance of cryptocurrency within the country, where both the Nigerian Securities and Exchange Commission (SEC) and the Central Bank of Nigeria have historically shown hostility toward the industry. Quidax, a leading African cryptocurrency platform, announced on Tuesday that it has become the first in Nigeria to obtain a provisional operating license as a digital assets exchange from national regulators.

Business LIve

IHS Towers and MTN Work Towards Resolving Governance Disputes with New Tower Agreements

In a joint statement released on Tuesday, both companies expressed their commitment to "work constructively to find a mutually agreeable resolution to governance issues previously raised." Africa’s leading cellphone tower operator, IHS Towers, and the continent’s largest mobile provider, MTN, are leveraging their recently renegotiated tower agreements to address governance disputes.

9News

Warren Buffett Reduces Berkshire Hathaway's Apple Stake, Potentially Impacting Stock Market

Only two years ago, Buffett had identified Apple as one of the four giants of his conglomerate's business, alongside wholly-owned entities such as Berkshire insurance, utilities, and BNSF railroad.

Thisday News

President Tinubu Urges Enhanced Cybersecurity Measures to Combat Online Threats

This directive is part of Tinubu's broader commitment to enhancing social security and addressing Nigeria’s economic and security challenges.

Punch News

Nigeria's Tech Industry Gains Momentum with Awarri's Engagement of 500 Fellows.

Launched in November 2023, Awarri has expanded its team to 120 staff and now incorporates 500 data collectors to aid in the development of Nigeria’s first Large Language Multilingual Model. This significant engagement underscores the government's commitment to advancing the nation's technological capabilities.

Daily nigerian

FCCPC Fines Meta and WhatsApp $200 Million for Discriminatory Practices and Offenses

The acting Executive Vice Chairman of the FCCPC, Dr. Adamu Abdullahi, announced during a news conference in Abuja on Tuesday that the penalty follows three years of intensive investigations, revealing discriminatory practices and other sanctionable offences committed by the companies. The Federal Competition and Consumer Protection Commission (FCCPC) has imposed a $200 million fine on Meta Platforms Inc. and WhatsApp LLC. The acting Executive Vice Chairman of the FCCPC, Dr. Adamu Abdullahi, announced during a news conference in Abuja on Tuesday that the penalty follows three years of intensive investigations, revealing discriminatory practices and other sanctionable offenses committed by the companies.

ZD Net

Cybersecurity Experts Warn: Generative AI Programs Pose Significant Risks to Enterprise Data

"This is a new attack vector that opens up a new attack surface," said Elia Zaitsev, chief technology officer of cyber-security vendor CrowdStrike, in an interview with ZDNET. Cybersecurity researchers have been warning for quite a while now that generative artificial intelligence (GenAI) programs are vulnerable to a vast array of attacks, from specially crafted prompts that can break guardrails, to data leaks that can reveal sensitive information.

Silicon Angle

SK Group Announces $74.6 Billion Investment in Chip Business, Plus $58 Billion for AI Technologies

A spokesperson for SK Group told Reuters that the changes discussed during the session are part of the conglomerate’s “routine management activity,” aimed at helping the company pivot in response to a “changing business environment. SK Group, the parent of South Korean memory chipmaker SK Hynix Inc., said today it’s planning to invest $74.6 billion into its chip business over the next three years, while setting aside an additional $58 billion, especially for artificial intelligence-related technologies and shareholder returns.

XDA Developers

Apple Intelligence Debuts with ChatGPT, Rumors Hint at Google Gemini Integration

As spotted by Neowin, there's a chance that Apple will announce another partner for its Apple Intelligence program during the Fall of 2024. And, if the rumors are true, everything points to Google Gemini as Apple's new partner. This will mean that iOS and macOS users will have a selection of three AI models, including Siri and ChatGPT. During the Apple WWDC 2024 keynote, the company showed off a slew of products and services to the world. The highlight was Apple Intelligence, which is the tech giant's answer to the growing AI assistant market. However, the company made a surprise turn when it announced it had a partnership with OpenAI to bring ChatGPT to the service too. Now, rumor has it that the tech giant plans to bring on Google Gemini as another third-party service users can pick from.

Mac Rumours

Apple to Launch New AirPods with Infrared Cameras for Enhanced Vision Pro Experience

The IR cameras can detect environmental image changes, facilitating a broader range of gestures to improve user interaction. For example, if a user watches a video using ‌Apple Vision Pro‌ and the new AirPods, and turns their head to look in a specific direction, the sound source in that direction can be "emphasized to enhance the spatial audio/computing experience." Apple will launch new AirPods featuring infrared cameras to improve spatial experiences with the Vision Pro headset, according to Apple analyst Ming-Chi Kuo.

Neowin

Apple Vision Pro Mixed Reality Headset Faces Low Sales; Cheaper Version Expected by Late 2025

One reported change is that Apple is now allowing store visitors to view their own photos and videos in the demo units of the Vision Pro. The thought is that checking out their content on the headset could help sway some reluctant buyers. Gurman says this change is rolling out now and will officially launch in Apple Stores on July 9. The launch of the Apple Vision Pro mixed reality headset earlier this year has reportedly not been a sales success for the company, even if Apple itself will not admit to that fact. The low sales of the $3,499 product have reportedly caused Apple to focus on making a cheaper headset for the future, but it may not be out until at least late 2025.

Indian Express

OpenAI's ChatGPT Desktop App Now Available for Apple Silicon Macs with macOS 14+

The ChatGPT app for Mac also supports the new voice mode in which users can “ask” their questions rather than giving a text prompt. The app also gives free access to the latest GPT-4 model, but with certain limitations. OpenAI’s ChatGPT desktop app for Macs was limited to GPT Plus subscribers until recently, but now, the company has confirmed that the Mac ChatGPT app is available for download from their official website.

YaHOO Finance

Apple and Meta are NOT in talks for Ai Partnership

Apple unveiled its long-awaited AI strategy at its annual developer conference earlier in June, bringing OpenAI's chatbot ChatGPT to its devices and integrating its new "Apple Intelligence" technology across its suite of apps, including virtual assistant Siri. Apple has rejected overtures by Meta Platforms to integrate the social networking company's AI chatbot into the iPhone months ago, Bloomberg News reported on Monday, citing people with knowledge of the matter.

Yahoo News

Nvidia's three day drop erased $430 billion

The stock fell 6.7%, its third straight negative session and biggest one-day percentage drop since April. The three-day drop erased about $430 billion from Nvidia’s market capitalization, the biggest three-day value loss for any company in history, according to data compiled by Bloomberg. The stock fell 6.7%, its third straight negative session and the biggest one-day percentage drop since April. The three-day drop erased about $430 billion from Nvidia’s market capitalization, the biggest three-day value loss for any company in history, according to data compiled by Bloomberg.

Shafaq

Apple charged with violating EU's rules

The European Commission has also opened a new investigation into Apple’s support for alternative iOS marketplaces in Europe, including the core technology fee it charges developers. Apple’s App Store “steering” policies violate the EU’s Digital Markets Act meant to encourage competition, said regulators in their preliminary ruling Monday. The European Commission has also opened a new investigation into Apple’s support for alternative iOS marketplaces in Europe, including the core technology fee it charges developers.

PYMNTS

Apple will reportedly withhold Ai technologies from consumers in the European Union (EU).

The company’s decision to halt the rollout of these new features in the EU means that consumers in all 27 EU nations will not have access to these technologies for now, the report said. The company will block the release of Apple Intelligence, iPhone Mirroring and SharePlay Screen Sharing in the EU this year, citing the Digital Markets Act (DMA) as the reason, Bloomberg reported Friday (June 21).

News 24

Nvidia is no longer the most valuable company in the World.

"It’s just the usual fluctuations in the stock market which, with such large companies, can wipe or add hundreds of millions or even billions of dollars to their market value," said Russ Mould, investment director at AJ Bell. "Nothing has gone wrong at Nvidia." Nvidia’s run as the world’s most valuable company didn’t last long.

Business Day

With N100 only you can access BVN and NIN of any Nigerian via anyverify.com.ng

“We provide millions of our users reliable and quickest services to verify people’s identity using their NIN, BVN, International Passport, Driving License, Voter’s Card and do much more,” we site boasts. With N100, information of Nigerians can be accessed via their NIN and BVN through a website anyverify.com.ng. This raises serious privacy and identity theft concerns as the website doesn’t have any feature showing it belongs to the Nigerian authorities in charge of identity management.

Crypton Newsland

India slams Binance with a fine of $2.2 million

The FIU’s fine against Binance is consistent with other regulatory crackdowns around the world. Binance was fined $4.4 million by Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) for failing to register and failing to disclose major transactions involving digital assets. Binance has been fined 188.2 million rupees ($2.25 million) by India’s Financial Intelligence Unit (FIU) for breaking anti-money laundering (AML) laws. The FIU’s ruling, which was made public on Thursday, June 19, highlights several violations of the Prevention of Money Laundering Act (PMLA), 2002 in India.

Semafor

US firm plans to select a Nigerian for its space mission

SERA chose Nigeria to be part of its next mission because it is “an emerging space nation” on an early development curve of what it wants to accomplish, Skurla said. Nigeria’s status as one of Africa’s largest countries and the presence of a strong media culture also counted in its favor, he said. An American space venture has begun a process that aims to fly the first Nigerian to space with Blue Origin, Jeff Bezos’ space exploration company.