Business, page 3
Why Temu Tech Is So Cheap: The Real Strategy Behind Those Shockingly Low Prices
Temu has become one of the most talked-about shopping apps in the world—and not because it’s subtle. With prices that often look too good to be true and a bold “Shop Like a Billionaire” slogan, the platform promises premium-looking tech for pocket-change prices. But how is Temu able to sell tablets, headphones, and even Apple-branded […]
PayPal Is Finally Coming Back to Africa — But the Continent Has Already Moved On
You know that friend who disappears for years, then suddenly shows up when they need a favour? That’s the energy PayPal is bringing to Africa right now. After nearly two decades of limited access and half-measures, PayPal says it’s ready to go all in on Africa — again. This time, the payments giant plans to […]
Why This $1.25B AI Startup Says “No” to 996 — and Why Hustle Culture Could Be Holding AI Back
When some AI startups double down on marathon workweeks to chase breakthroughs, Linear’s Karri Saarinen takes a stand: rejecting 72-hour “996” schedules in favor of sustainable innovation. Quick facts: what you need to know Company: Linear, product development tools CEO: Karri Saarinen Valuation: ~$1.25 billion Position: Rejecting “996” even amid intense AI competition Significance: Advocates […]
Naira Weakens to ₦1,459.95/$ as Forex Demand Intensifies — What It Means for Nigeria’s FX Market
The Nigerian naira slipped to ₦1,459.95 per US dollar in the official Central Bank of Nigeria (CBN) FX window on Thursday, November 20, 2025 — down ₦8.95 from the previous close. Rising dollar demand, tight supply, and structural shifts continue to pressure the currency across official and parallel markets. Here’s what you need to know. […]
Flutterwave’s Send App Turns Up the Festive Energy with a “Detty December” Celebration for Nigerians
Flutterwave is making this holiday season even more exciting with a new Send App Detty December campaign — a vibrant celebration of Nigeria’s most anticipated time of the year, packed with deals, music, travel, and the true spirit of homecoming. A December to Remember For Nigerians, Detty December isn’t just a season — it’s a […]
OpenAI’s Big Numbers: $20B ARR and $1.4T in Data-Center Commitments — What Sam Altman’s Claims Really Mean
Sam Altman just put hard figures on OpenAI’s scale-up: roughly $20 billion in annualized revenue run rate today and about $1.4 trillion in data-center commitments over the next eight years. Those are headline-grabbing numbers — here’s a grounded look at what they reveal about OpenAI’s strategy, risks, and the economics of AI at hyperscale. OpenAI’s […]
Meta’s Scam-Ad Problem: Reuters Says Fraudulent Ads May Have Generated $16B — What That Means for Users and Advertisers
A Reuters probe alleges up to 10% of Meta’s ad revenue came from fraudulent ads. The story raises hard questions about detection thresholds, platform incentives, and what real accountability looks like for social-media advertising. Why this story hits harder right now Trust in online ads is already fragile. If a major platform like Meta (Facebook […]
Apple Slams EU Over Conflicting App Store Rules: DSA vs. DMA Tensions Boil Over
Apple is calling out the European Commission (EC) for what it sees as contradictory enforcement of two major regulations — the Digital Services Act (DSA) and the Digital Markets Act (DMA). In a letter to EU regulators, the company argued that it’s being pulled in two opposite directions: one law demands tighter consumer protections, while […]
Perplexity Pays Snap $400M to Power AI Search in Snapchat — What the Deal Means for Users and Ads
Snap has struck a surprising growth-for-distribution deal: Perplexity will pay Snap roughly $400 million in cash and equity to make its AI answer engine the default search assistant inside Snapchat. The move fast-tracks AI search into a messaging surface used by nearly a billion people — and it could reshape how younger audiences look up […]
Why Tesla’s $1 Trillion Pay Package for Elon Musk Is a Watershed Moment for Corporate Governance
Tesla shareholders met on November 6 to vote on an unprecedented compensation plan that could hand Elon Musk as much as $1 trillion if extremely ambitious performance milestones are met. The proposal has split investors, drawn public protests, and reignited debate about executive pay, dilution, and how far companies should go to retain star founders. […]
Apple Reportedly Paying Google $1 Billion a Year to Supercharge Siri with Gemini AI
Apple is reportedly gearing up for one of its biggest artificial intelligence shake-ups yet—by striking a massive deal with Google. According to a Bloomberg report, Apple may pay roughly $1 billion per year to license Google’s advanced Gemini AI model to power a major overhaul of Siri. This collaboration could mark a turning point for […]
YouTube Denies Biden Administration Pressure Over Content Censorship
After months of political tension and corporate contradictions, YouTube executives are publicly rejecting claims that the Biden administration pressured them to censor content. The denial follows an earlier letter from Alphabet — YouTube’s parent company — suggesting that pandemic-era moderation decisions were influenced by government intervention. What Sparked the Controversy The story began when Alphabet’s […]