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Telstra faces penalties after broadband speed ruling
Feb 21,2025
Australia's Federal Court has ruled that telecom giant Telstra misled customers about downgrading the upload speed of its broadband plans. The Australian Competition & Consumer Commission (ACCC) initiated legal action in December 2022, accusing T...
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Brazil slaps X with $1.42 million fine for noncompliance
Feb 21,2025
Brazil's Supreme Court Justice Alexandre de Moraes has fined social media platform X, owned by Elon Musk, 8.1 million reais ($1.42 million) for failing to comply with judicial orders. The ruling, made public on Thursday, follows a legal case from 202...
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Nigeria demands $81.5 billion from Binance over taxes and currency impact
Feb 21,2025
Nigeria has filed a lawsuit against cryptocurrency giant Binance, demanding$79.5 billion in damages for alleged economic losses and$2 billion in unpaid taxes. The case, brought by Nigeria's Federal Inland Revenue Service (FIRS), claims that Binance's...
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AI adoption surges as OpenAI passes 400 million users
Feb 21,2025
OpenAI's weekly active users exceeded 400 million in February, marking significant growth in AI adoption. The company had 300 million weekly users in December, and its paid business subscribers have more than doubled since September, surpassing 2 mil...
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Sanas raises millions to transform call centre communication
Feb 21,2025
AI start-up Sanas has raised$65 million in a new funding round, valuing the company at over$500 million. The firm, founded in 2020, uses artificial intelligence to modify call centre workers' accents in real time, aiming to reduce discrimination and ...
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Apple rejects UK plans for mobile browser controls
Feb 20,2025
Apple has pushed back against proposed remedies from the UK's competition watchdog, arguing they could hinder innovation in the mobile browser market. The Competition and Markets Authority (CMA) is investigating Apple and Google's dominance in browse...
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Stricter rules for WhatsApp after EU designation
Feb 20,2025
WhatsApp has officially met the threshold set by the EU's Digital Services Act (DSA), marking its designation as a Very Large Online Platform. The messaging app, owned by Meta Platforms, reported an average of 46.8 million monthly users in the EU dur...
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Trump discusses TikTok sale with China
Feb 20,2025
President Donald Trump confirmed on Wednesday that he was in active discussions with China over the future of TikTok, as the US seeks to broker a sale of the popular app. Speaking to reporters aboard Air Force One, Trump revealed that talks were ongo...
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Multi-million crypto Ponzi scheme exposed by Norwegian investigators
Feb 19,2025
Norwegian prosecutors have charged four individuals for their role in a massive fraud and money laundering operation that deceived thousands of victims worldwide. Authorities say the scheme collected over 900 million kroner ($86-87 million), with mor...
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Nigeria's new proposal to tax crypto transactions
Feb 19,2025
Nigeria is set to amend its digital asset regulations to introduce taxes on cryptocurrency transactions, a move the government believes could generate significant revenue. A bill currently before the National Assembly aims to provide a legal framewor...
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Argentina's President faces impeachment calls over cryptocurrency scandal
Feb 19,2025
President of Argentina, Javier Milei, is facing impeachment calls from opposition lawmakers after promoting a little-known cryptocurrency that crashed shortly after his endorsement. Late on Friday, Milei posted on X recommending the crypto coin$LIBRA...
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Study warns of AI's role in fueling bank runs
Feb 17,2025
A new study from the UK has raised concerns about the risks of bank runs fueled by AI-generated fake news spread on social media. The research, published by Say No to Disinfo and Fenimore Harper, highlights how generative AI can create false stories ...
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