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Latest News
Amazon Expands AI Capabilities with New Custom Chips
Amazon has announced the launch of new AI chips, developed by its subsidiary Annapurna Labs, to reduce dependence on Nvidia and improve data center efficiency for AWS customers. Acquired by Amazon in ...
VERIZON TO ACQUIRE RIVAL FRONTIER COMMUNICATIONS IN $20 BILLION DEAL
Verizon Communications Inc. has agreed to purchase Frontier Communications Parent Inc. for an enterprise value of $20 billion, marking a significant move in the telecommunications industry. The acquis...
Mark Zuckerberg Sells AI Vision and Meta stocks soars
Facebook sold AI Vision and it sent its stock soaring higher than expected. The social media company is trying to streamline its business by selling off part of its AI business to focus more on advert...
FBN Holdings Plc Appoints Ebenezer Olufowose as Chairman
Yesterday, a statement from FBN Holdings Plc reported that Mr. Tunde Hassan-Odukale will step down as Chairman of First Bank of Nigeria Ltd.First Bank's Board of Directors has named Mr. Ebenezer Olufo...
Zenith Bank Plc Approves N125 Billion Dividend to Shareholders in 2023 FY
Zenith Bank Plc shareholders on Wednesday finally approved the N125bn dividend proposed by the Bank's board of directors. This approval took place at the firm's 33rd Annual General Meeting at the Civi...