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Nigeria is rolling out tax incentives to attract as much as $50 billion in oil and gas investment as it seeks to rekindle international interest in offshore projects. Africa’s largest oil and gas producer is pushing to revive hydrocarbon exploration in deepwater reserves at a tim

WhatsApp is committed to helping people stay safe while protecting the privacy of their messages. As scam tactics evolve — from impersonation to social engineering to AI-generated lures — we’re always evolving as well, so that our protections stay ahead of scammers while protecti

South Africa’s unemployment rate climbed to its highest level since 2022 in the second quarter, official data showed. The figures highlight how improved investor confidence in the two years since the coalition government took office has been undercut by a deteriorating labor mark

The News A new wave of haves and have nots among global companies is emerging based on AI use. The gap is widening between enterprises that have aggressively adopted AI and those that are taking it on more slowly, new data from OpenAI shows. Firms that ranked in the top 10% of AI

Ride-hailing major Uber has announced the expansion of its bike taxi service, Uber Bike, to 100 cities in India. Overall, the ride-hailing major claims to be present in more than 220 Indian and is extensively looking to deepen its reach in smaller towns while strengthening its po

US forces fired missiles at a ship attempting to run its blockade of Iranian ports on Tuesday, according to US Central Command. The embargo is the sharpest edge of a campaign (that also includes sweeping sanctions) to starve Tehran of oil revenue and undermine its economy, with t

When Swish Club raised $4.5 Mn in early 2024, it looked like yet another startup trying to solve enterprise device procurement and leasing. The company rented laptops, leased smartphones and helped businesses manage IT assets. It was a market with growing demand but limited room

The News Congressional progressives are starting to pitch a multi-pronged artificial intelligence and Big Tech regulation plan, and they hope to find common ground with civil libertarian-minded lawmakers on the right. “The foundational idea here is that you shouldn’t lose your fr

Off the Wire Press Releases This broad collaboration will train researchers across the full quantum error correction stack filling a gap in the current workforce PARIS, Aug. 12, 2026 — Alice & Bob, a leader in fault-tolerant quantum computing, is contributing its expertise in cat

How optical interconnects and silicon photonics emerged as AI's next hot commodity — looming US-China summit puts photonics into the crosshairs The U.S. remains China's biggest photonics customer The race to solve AI's copper bottleneck for scale-up and scale-out intensified last

South African President Cyril Ramaphosa clashed with the head of state energy company Eskom over the speed of opening the national power grid to private operators, pitting the government’s flagship energy reform against warnings of bondholder shock. At the heart of the dispute is

Coworking space provider IndiQube Space managed to trim down its Q1 FY27 net loss by 35% to ₹23.9 Cr from ₹36.8 Cr in the same quarter last year. Sequentially, the loss increased 5% from ₹22.7 Cr. Operating revenue 37% YoY and 5% QoQ to ₹422.6 Cr in the quarter under review. Incl

YMTC breaks into the top three NAND makers for the first time as AI servers swallow 48% of all flash — Chinese vendor has 14% share, according to research Counterpoint's Q2 tracker puts the Chinese vendor at a 14% shipment share. Yangtze Memory Technologies (YMTC) shipped 14% of

The Cambrian explosion may have been fueled by poop. The first animals on Earth emerged about 600 million years ago, and 60 million years later, those simple early animals evolved in wildly different directions, branching out into a diverse menagerie of complicated new forms and

Deep-tech startup Quarkitech has raised Rs 2 crore in a pre-seed funding round from Artha Access, a programme of Artha Venture Fund II, and Finvolve. The Chennai-based startup has also received a Rs 1.5 crore grant from IITM-CDOT Samgnya Technologies Foundation under the National

Remember that much-hyped story about an Australian tech entrepreneur using ChatGPT, Grok, and other AI tools to craft a personalized cancer vaccine for his dog? Well, surprise: He’s launched a startup. Of course the ChatGPT dog cancer vaccine spawned a startup The hyped AI-saved-

Tom's Hardware Verdict GMKtec’s mini PC mixes quiet, efficient CPU performance with Intel's B390 integrated graphics and 64GB of fast DDR5. But the current price is nearly $2,000, and the Evo-T2 chassis is bulkier and less premium than competitors at this level. Pros - +Top Panth

The Maharashtra government has reportedly extended its Marathi language mandate to app-based cab drivers working for aggregators like Ola, Uber and Rapido. This makes a working knowledge of the language mandatory for commercial passenger vehicle drivers operating within the state

Off the Wire Press Releases BOSTON, Aug. 12, 2026 — Zapata Quantum, a leader in quantum computing algorithm and application development, today announced a partnership with QuEra, a leader in neutral-atom quantum computing, aimed at closing the quantum applications gap. “QuEra’s c

SpaceXAI has introduced Grok Bot, an always-on AI agent service designed to behave like independent “AI teammates” that can do your work for you. The bots share their own cloud-based computer environment, and can sign into apps, tools, and websites you already use to complete mul

The News Saudi Arabia has addressed most of the “problematic themes” in its school curriculum that were seen as intolerant of Christians and Jews, according to a review of 136 schoolbooks by an Israeli think tank that has been monitoring the kingdom’s textbooks for more than 20 y

This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. We may be only fresh off the World Cup, but JPMorgan is already investing around the 2028 Los Angeles Olympics. Stock futures inch higher this morning after a losin

It’s an AI world and we’re all just living in it. PitchBook released its Q2 2026 U.S. VC Valuations data this week, and the report aligns with the skewed venture market we’ve come to know: Investors are willing to pay up for a few anointed AI companies, and (almost) everything el

Global youth unemployment increased in 2025, new data showed, as weaker economic growth and geopolitical tensions slowed hiring, with experts fearing AI could make it even harder for young people to find work. The UN’s International Labour Organization warned of a widespread decl

Claude will begin digitally watermarking marking AI-generated text and images — Anthropic details how it'll comply with the EU's Artificial Intelligence Act Text will carry a hidden "statistical pattern," but image pixel watermarking is notably absent. The identifiability of AI-g

Eyewear brand Lenskart announced its financial results for Q1 FY27 today, reporting a 43% year-on-year growth in consolidated operating revenue during the quarter, led by strong growth in its international markets, while its profit jumped 3.7 times to Rs 228 crore. The company’s

Samsung Foundry updates process roadmap to move 1.4nm node to 2029 — high-NA EUV will enable 1nm-class and smaller nodes in 2030 and beyond Samsung Foundry's plans change significantly from the 2024 roadmap. Samsung Foundry presented its updated fabrication technologies roadmap a

Asobi Remote Play app lets gamers stream PS4 and PS5 games on the Steam Deck, even without a console — dev breaks PlayStation Plus Premium cloud gaming support free of the PlayStation Portal No console required, but you do need a PlayStation Plus Premium subscription. Sony lets g

Deutsche Bank has become the first non-Chinese bank allowed to settle yuan transactions in Europe, a major step in Beijing’s ambitions to dislodge the supremacy of the US dollar. China has made increasing the use of the yuan in international transactions a key priority of its lat

AI health companion startup August AI is in talks to raise about $4 Mn from Peak XV Partners, sources told Inc42. The contours of the proposed transaction, including the startup’s valuation and the participation of other investors, could not be ascertained. The discussions are on

Ukraine reportedly halted attacks on a Russian port after a request from US Vice President JD Vance. Kyiv’s repeated strikes on tankers in Novorossiysk had alarmed Washington, which feared they would further destabilize already strained oil markets and hurt US oil majors, the Fin