Trump to Extend TikTok Sale Deadline for Third Time, New Deadline Set for September
U.S. President Donald Trump will extend the deadline for China-based ByteDance to divest the U.S. operations of TikTok, the White House confirmed on Tuesday.
UBS Reports Data Leak After Cyberattack on External Provider, Confirms No Client Data Affected
UBS, Switzerland’s largest bank, has disclosed a data leak resulting from a cyberattack on one of its external service providers, business support firm Chain IQ. The bank emphasized that no client data was compromised in the breach.
All Facebook Videos to Become Reels in Major Meta Update
In a sweeping update aimed at simplifying video sharing on Facebook, Meta Platforms has announced that all new videos uploaded to Facebook will soon be categorized as Reels, regardless of length or format.
Latin America to Launch Latam-GPT AI Model in September to Promote Regional Inclusion
In a landmark move to democratise artificial intelligence across Latin America, a coalition of over a dozen countries is set to launch Latam-GPT, the first large-scale AI language model trained specifically for Latin American languages and cultures
EU Accepts AliExpress Commitments to Crack Down on Illegal Products Online
The European Commission has officially accepted a series of binding commitments from AliExpress, the global e-commerce platform owned by Alibaba Group, aimed at tackling the spread of illegal, harmful, and pornographic content on its platform.
Sam Altman: Meta Offered $100M Bonuses to Poach OpenAI Staff Amid AI Talent War
OpenAI CEO Sam Altman has revealed that Meta Platforms Inc. is offering up to $100 million in signing bonuses to recruit top engineers from OpenAI, underscoring the intensifying race among tech giants to secure elite talent in artificial intelligence.
Nigerian Mobility Startup Moove in Talks to Raise $300M, Eyes Unicorn Status
Nigerian mobility fintech startup Moove is in advanced talks to raise $300 million in new funding, a deal that could propel the company’s valuation beyond $1 billion, according to a report
Salesforce to Increase Product Prices in August Amid AI Push
Salesforce Inc. has confirmed it will increase the prices of several core products beginning in August 2025, marking its first price hike since 2023.
