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Artificial intelligence is making cybercrime easier in Africa, Interpol warned in a new report. AI enabled 55% of reported cybercrimes across the continent in 2025, highlighting the scale of a threat that will require greater cooperation on regulation and technological investment
The African Continental Free Trade Area signed a $3.1 billion deal with Nigerian company Bergmans Security Consultants to deploy a customs system aimed at improving trade in Africa. Trading under the AfCFTA — the world’s largest free-trade area — started in 2021. Intra-Africa tra
Tanzania and Uganda signed an agreement with Vitol, the world’s largest independent oil trader, to develop Tanga Port into a regional energy hub as the continent works to capture more value from its natural resources. The partnership comes as Africa’s energy ecosystem is on the c
Meta said it would open source its most powerful AI models and launch new ones designed for consumer devices, as it looks to rival leading labs like OpenAI and Anthropic. In an Instagram video posted Monday, CEO Mark Zuckerberg said that the company would open the weights for its
Meta said it would open source its most powerful AI models and launch new ones designed for consumer devices, as it looks to rival leading labs like OpenAI and Anthropic. In an Instagram video posted Monday, CEO Mark Zuckerberg said that the company would open the weights for its
Info Edge’s education business Shiksha faced traffic and demand-related headwinds in Q1 FY27, with the company attributing the slowdown partly to changes in Google search driven by the rise of AI. According to the company's Q1 FY27 earning presentation, Shiksha’s billings decline
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. I ended up cooking all my meals this weekend, so I feel like I've been "moneymaxxing." Stock futures are mixed this morning. Wall Street is coming off a winning week.
China evacuated more than 1 million people from the east of the country, including the financial hub Shanghai, as a major storm made landfall. Typhoon Dolphin, the strongest storm to hit China this year, brought torrential rain and flooding as well as 94 mph winds. Higher sea lev
AI data center bans surge past 500 nationwide as local US politicians begin blocking new developments — growing public outrage and bipartisan pushback threaten big tech expansion plans Political resistance is growing to new AI developments The number of local bans on new data cen
This year’s summer in Western Europe has so far been the hottest on record, with repeated heatwaves and near-constant drought. A climate monitor said the average temperature was 21.62°C (71°F) across the region, beating 2022’s record. Low river levels have hit transportation, irr
Married student loan holders — and those soon tying the knot — face important tax and financial decisions, especially after recent changes to the federal lending system. The U.S. Department of Education's new Repayment Assistance Plan, or RAP, increases the "marriage penalty" for
Google said that it is adding Venmo as a payment option today on Google Play for purchases including games, apps, add-ons, and other digital content. The company said that users can use Venmo’s wallet or other linked payment methods, such as bank accounts and cards, to pay for su
GeForce NOW exploit lets you access the full Windows desktop through a simple file swap — Modder runs local AI models on Ultimate tier with 48GB of VRAM and no restrictions Do more than just game with your GeForce NOW subscription. Nvidia's GeForce NOW cloud gaming service has be
Hyperscalers commit nearly $2 trillion to secure AI hardware and memory — Google leads $811 billion spending surge while Apple trails at $57 billion Google and Microsoft are leading the pack. Apple used to be among a few companies willing to buy memory and other components worth
Chips running AI workloads are too hot: That’s one reason why data centers consume so much electricity and require cooling systems. And, inevitably, entrepreneurs are turning to AI to solve the problem it created. Discovered Materials is the latest, with plans to use swarms of AI
Budget hostel chain Zostel has withdrawn its plea seeking directions from the Delhi High Court (HC) to the Securities and Exchange Board of India (SEBI) to examine disclosures made by hospitality major PRISM in its draft IPO papers, particularly those relating to Zostel’s claimed
Steam hardware distributor hit by cyberattack, 'expect fake messages,' Valve warns — Europe vendor has personal information and hardware purchase details stolen Purchasers from the last 100 days or so should be particularly wary of targeted phishing. Steam hardware customers in E
SUBSCRIBE TO MIKE SANTOLI'S MARKET MEMO HERE - The S&P 500 posted a clean breakout last week to new records after surviving a July momentum stock bust and basically churning in a 3% range for nearly three months. - The liquidation of the hedge fund Situational Awareness after its
Shares of Australia's Sunrise Energy Metals jumped as much as 29% on Monday after the rare earth miner secured a $400 million investment in long-term debt financing from the U.S. to support the development of the world's first primary mine for scandium. The Trump administration's
Over 70% of Americans oppose AI data centers; US protests intensify as more arrests are being made — almost 40 arrested this year in backlash to AI factory buildout A coalition of community residents, local politicians, and grassroots organisers are pushing back. The public pushb
HoverAir unveils the Versa modular pocket gimbal camera that transforms into a self-flying drone — Modular camera transforms into an auto-tracking drone by magnetically snapping together for instant palm launch and AI tracking Two birds with one stone. HoverAir, makers of self-fl
The News The Democratic Alliance promised an end to political appointments in public administration as the second-largest party in South Africa’s ruling coalition aims to capture the country’s economic heartland in upcoming local government elections. The polls represent the firs
The News Africa’s dealmakers are betting that the continent’s capital markets are entering a new phase, with a burst of IPO and M&A activity kicking off with Aliko Dangote’s anticipated $5 billion listing of his refinery on the Nigerian Exchange. “The Dangote IPO has got everyone
Adding to its AI initiatives, used car marketplace Cars24 announced the launch of an independent enterprise AI company, Deployment Inc, to help organisations design, implement and operate AI systems across critical business workflows. Helmed by Cars24's executive Jayesh Gupta and
OpenAI has halted some "internal activities" involving a new model amid fears over the cyber threat it potentially poses, amid a wave of security incidents involving major AI labs. Recent disclosures that AI systems from Anthropic, OpenAI and Meta were involved in security incide
OpenAI has halted some "internal activities" involving a new model amid fears over the cyber threat it potentially poses, amid a wave of security incidents involving major AI labs. Recent disclosures that AI systems from Anthropic, OpenAI and Meta were involved in security incide
Jason Semprini was excited about his research on policies mandating that elementary school students receive the human papillomavirus vaccine. HPV causes most cases of cervical cancer, but counterintuitively, Semprini found that mandates don’t do that much to reduce the overall ra
Discount retailer Shein had long argued trade law loopholes weren't the reason for its success. But now that those exemptions are gone, its once meteoric growth has stalled in the U.S. and Europe, posing a threat ahead of its Hong Kong initial public offering. In documents releas