Nigeria is suing Binance for $79.5 billion in economic losses, which it alleges were caused by the cryptocurrency exchange’s actions in the country, and $2 billion in unpaid taxes, according to court documents seen by Reuters. Nigerian officials condemned Binance for Nigeria’s currency problems and detained two of its executives in 2024 following cryptocurrency websites emerging as preferred platforms for trading the local naira currency. Binance is one of the most significant crypto exchange currencies globally but is not registered in Nigeria. It did not respond to a request for
Microsoft has announced its plans to train one million people in digital skills through an Artificial Intelligence skilling initiative in South Africa. The initiative will give South Africans insight into the strategic aspects of AI whilst empowering leaders with the necessary tools and knowledge required to navigate the advancing AI landscape. “Harnessing the transformative power of artificial intelligence (AI) is no longer a futuristic vision, but a tangible reality for organisations seeking to achieve exponential growth and optimisation,” Lillian Barnard, President for Microsoft Africa, said in a press release. What
Techish is back! This week, Abadesi and Michael kick off the episode with the backlash over Stormzy’s McDonald’s collaboration. They also break down Meta’s latest layoffs and how performance reviews play into the mix. Then, they take a look at the rising cost of concert tickets—why are prices for artists like Beyoncé skyrocketing? Finally, they discuss the future of DEI in corporate America and what these shifts mean for the people driving the work forward. Chapters 00:25 Stormzy’s McDonald’s Collaboration Sparks Backlash09:49 Meta Lays Off “Low Performers”16:03 Cowboy Carter Tour:
Hoan Ton-That, the CEO of Clearview AI, has decided to step down from his position, as reported by Forbes. The controversial facial recognition company received criticism in 2020 after gathering billions of images from social media without users’ consent to create a global facial recognition database. With Trump allies now leading Clearview, concerns are growing that a potential Trump administration could expand biometric surveillance, increasing risks for Black and immigrant communities. Clearview AI’s change in leadership Ton-That stepped down as CEO in December, becoming president before later announcing his full
MANSA, a global fintech innovator in trans-regional payments, announced its recent $10 million funding round. It raised $3 million in a pre-seed funding round led by Tether and co-headed by Polymorphic Capital with the help of other significant investors like Faculty Group, Octerra Capital, and Thrive Digital. They secured a further $7 million in liquidity funding from corporate investors, quantitative funds, and alternative investment firms. “This funding accelerates our global expansion, enabling us to empower payment companies with seamless, real-time settlement infrastructure and drive the future of payments,” Mouloukou Sanoh, CEO and
Former Obama administration advisor DeJuana L. Thompson joins Akina Technologies PBC as its co-founder, alongside Lisa Green and Dr. Nashlie Sephus, according to a press release. The innovative platform gives users transformative AI solutions, resources, and a space for community. This new leadership appointment will allow Akina Technologies to expand and continue to change millions of lives while transforming the future of connection, visibility, and opportunity. What is Akina Technologies PBC? Akina Technologies PBC helps create the future of culturally competent generative AI solutions for underrepresented communities. Its two main products,
Scoreplay, a media management startup, raised $13 million in a series A funding round. The round included notable investors such as NBA star Giannis Antetokounmpo, soccer star Alex Morgan, and Alexis Ohanian’s Seven Seven Six VC fund. The AI-driven platform provides tools that allow teams and leagues to automate the ordering and distribution of content. This clarifies what is usually a complicated process with different types of media spread over numerous software platforms. Scoreplay helps users discover content faster by accelerating new content production and streamlining delivery to athletes, broadcasters,
A Ghanaian fintech startup, Affinity Africa has raised $8 million in seed funding to expand its financial products nationwide. Affinity Africa is a digital banking platform committed to providing Ghanaians with affordable and accessible financial services. Individuals and micro-enterprises are both supported by the Ghanaian fintech. Customers can access free savings and current accounts with no transaction limits, and users gain credit scoring based on their transaction history. Who is the founder of Affinity Africa? Founder and CEO Tarek Mouganie comes from a fourth-generation Ghanaian family of Lebanese descent. He gained
DEI Under Fire is our monthly series that keeps you up-to-date on the latest DEI announcements and changes from the nation’s leading companies. The landscape of DEI has changed significantly over the past couple of months in the US. Some companies have succumbed to political pressure to roll back their DEI initiatives, while others stand firm in their diversity and inclusion stances. With so many changes to DEI in a short matter of time, it isn’t easy to keep up with where companies stand with DEI. This is why POCIT
This week on Techish, Michael and Abadesi break down DeepSeek, China’s open-source AI rival, what the rise in AI agents means for jobs, and Andreessen Horowitz (a16z) hiring Daniel Perry, the man who placed Jordan Neely in a lethal chokehold on a NYC subway. They also discuss Kendrick Lamar’s Grammy sweep for his Drake diss track and why Bianca Censori, Kanye West’s wife, never seems to be wearing any clothes. Chapters 00:30 The Rise of Deepseek: A Game Changer in AI 07:33 Job Ads for AI Agents 12:55 Kendrick Wins
