technology news Archives | Tech | Business | Economy https://techeconomy.ng/tag/technology-news/ Tech | Business | Economy Wed, 10 Jun 2026 15:38:37 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png technology news Archives | Tech | Business | Economy https://techeconomy.ng/tag/technology-news/ 32 32 Snapchat Launches Friends-Only Content Sharing for Users Under 16 https://techeconomy.ng/snapchat-friends-only-content-sharing-users-under-16/ https://techeconomy.ng/snapchat-friends-only-content-sharing-users-under-16/#respond Wed, 10 Jun 2026 15:38:37 +0000 https://techeconomy.ng/?p=183220 Snapchat is introducing new privacy protections for users aged 13 to 15, restricting Spotlight and Stories content to mutual friends

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Snapchat is rolling out new restrictions for users under 16, limiting who can view the content they share on the platform.

In a bid to enhance online safety, the company said users aged 13 to 15 will soon be able to create, save and display Stories and Spotlight videos on a dedicated profile that can only be viewed by friends who have mutually accepted each other.

Their content will no longer be distributed to people outside their friends list through Spotlight.

Previously, teenagers under 16 could post videos to Spotlight, Snapchat’s short-form video feature, but the content was not linked to their profiles.

While this prevented direct contact from strangers, the posts could still be viewed by a wider audience.

Under the new system, younger teens will share content in a more private environment. Snapchat will also remove engagement metrics such as favourite counts from profiles belonging to users in this age group.

The company said the changes are designed to help teenagers express themselves creatively without the pressure that usually comes with public posting and visible performance metrics.

Snapchat outlined different levels of access based on age. Users between 13 and 15 will be limited to sharing content with mutual friends.

Those aged 16 and 17 can choose to share content more broadly, but distribution will remain restricted to friends, followers and users with mutual connections.

Adults aged 18 and above will still have full access to public profiles and wider content distribution tools.

Alongside the latest changes, Snapchat said it will maintain several existing protections for users under 16.

The platform blocks messages from people teens have not added as friends or saved in their contacts. It also limits friend requests from people users may not know and displays warning messages when it detects a teenager may be chatting with a stranger.

The company says it will continually moderate public content before recommending it to larger audiences and take action against accounts that attempt to promote inappropriate material to teenagers.

Parents will also be able to monitor aspects of their children’s activity through Snapchat’s Family Centre.

The feature allows parents and caregivers to view their teenager’s friends list, see who they have communicated with recently, apply content restrictions, disable access to the My AI chatbot, share location information and report accounts they find concerning.

The update follows a trend across social media platforms, with services such as Instagram launching additional protections and specialised account settings for younger users.

Snap’s latest feature also comes as the company focuses on mitigating the impact of social media on young people.

Earlier this year, Snap settled a lawsuit that accused it of contributing to social media addiction and is still defending similar cases in courts across the United States.

Speaking to CNBC, Snap chief executive officer, Evan Spiegel, said Snapchat has a “positive impact” on users because it helps people stay connected with friends.

He argued that the platform should not be grouped together with competitors such as TikTok and Instagram.

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Google Cuts AI Plus Subscription Price to $4.99 as Competition Heats Up https://techeconomy.ng/google-ai-plus-price-cut-4-99-us-storage-upgrade/ https://techeconomy.ng/google-ai-plus-price-cut-4-99-us-storage-upgrade/#respond Wed, 10 Jun 2026 07:43:16 +0000 https://techeconomy.ng/?p=183165 Google has lowered the monthly cost of its AI Plus subscription in the United States to $4.99 and increased storage from 200GB to 400GB

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Google has reduced the monthly price of its AI Plus subscription in the United States from $7.99 to $4.99, while increasing the storage included in the plan from 200GB to 400GB.

The company announced the changes on Monday, making AI Plus the lowest-priced paid AI subscription offered by a provider in the US market.

Vikas Kansal, product lead for Gemini AI subscriptions, said on X that the storage upgrade would reach users over the next few days.

Google AI Plus was introduced in January as an entry-level paid plan aimed at individual users and students. The service includes access to Gemini with higher usage limits, Omni Flash video generation, Google Flow creative tools, NotebookLM and AI-powered features in Gmail.

In Nigeria, alongside AI Plus at N7,700, Google still offers higher-priced plans. Google AI Pro costs N28,500 per month and includes 5TB of storage, expanded Gemini access and the company’s Pro model.

Google AI Ultra starts at N89,000 per month, offers at least 20TB of storage and provides significantly higher usage limits, as well as early access to new features.

The current price reduction follows a series of changes to Google’s AI subscription business this year. In April, the company increased storage on its AI Pro plan to 5TB without raising prices. A month later, it launched a new AI Ultra package and reduced the cost of its top-tier subscription from $250 to $200 per month.

With competition increasing among AI providers over subscription pricing, and premium plans taking over the market, companies have now started introducing cheaper options to attract more users.

This first became visible in India, one of the world’s fastest-growing AI markets. OpenAI launched ChatGPT Go there in August 2025 at about $4.60 per month, well below the price of its standard ChatGPT Plus subscription. Google followed with its own sub-$5 AI Plus offering in India later that year.

Google’s latest decision brings that pricing strategy to the United States, where subscription costs have so far played a smaller role in competition between major AI companies.

The development could increase pressure on competitors, particularly Anthropic, which has not introduced a lower-cost subscription tier or localised pricing in key international markets.

OpenAI and Anthropic are both preparing for public listings after filing confidential IPO paperwork, and growing price competition could become an important issue for investors assessing the long-term profitability of AI businesses.

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OpenAI Files Confidential IPO Papers but Says Public Listing May Still Be Some Time Away https://techeconomy.ng/openai-confidential-ipo-filing-ai-industry-stock-market-listings/ https://techeconomy.ng/openai-confidential-ipo-filing-ai-industry-stock-market-listings/#respond Tue, 09 Jun 2026 09:00:08 +0000 https://techeconomy.ng/?p=183084 OpenAI has submitted confidential IPO paperwork in the United States, joining Anthropic and SpaceX in a growing wave of major AI companies preparing for possible stock market listings.

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OpenAI has confirmed that it has confidentially filed paperwork for a potential initial public offering (IPO) in the United States, becoming one of the latest artificial intelligence companies to take steps towards a stock market listing.

The company announced on Monday that it had submitted a confidential S-1 filing with the U.S. Securities and Exchange Commission (SEC), but said it had not yet decided when to go public.

In a statement, OpenAI said: “We recently submitted a confidential S-1. We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.”

The filing places OpenAI alongside competing AI developers Anthropic and Perplexity, which also submitted confidential IPO documents last week and this week.

Meanwhile, Elon Musk’s SpaceX is preparing for its own stock market debut, setting up what could become one of the biggest waves of technology listings in recent years.

Although OpenAI did not disclose the size of the proposed offering or a timeline for the listing, this development will boost the company’s growth since the launch of ChatGPT in 2022.

OpenAI has grown into one of the world’s most valuable private firms, with latest valuation standing at about $852 billion, while Anthropic was recently valued at nearly $965 billion following a new funding round.

According to reports, OpenAI has been working with investment banks Goldman Sachs and Morgan Stanley on the IPO process.

The company is also expected to organise a tender offer that would allow employees to sell some of their shares, providing liquidity ahead of any public listing.

OpenAI, however, is still facing challenges to justify its valuation as it spends heavily on computing power and infrastructure needed to train and operate more advanced AI models.

The company has reportedly raised more than $180 billion from investors but is still in a phase of significant spending.

Chief Executive Officer Sam Altman said in a recent blog post that the company is entering what he described as its “third phase”.

According to Altman, OpenAI first focused on research into artificial general intelligence before becoming a product company through services such as ChatGPT.

Now we are entering the third phase,” Altman wrote. “The economy is beginning to reshape around AI. The central question now is how to make advanced AI abundant, affordable, safe, useful, and easy enough for every person and organization to benefit from it.”

The planned IPO arrives shortly after a case involving OpenAI and Musk. An advisory jury recently ruled against claims brought by Musk, who had accused OpenAI and Altman of abandoning commitments related to the company’s original non-profit mission. A federal judge subsequently adopted the jury’s verdict.

The number of AI companies preparing for public listings is also drawing attention across the wider industry.

AI search startup Aravind Srinivas said Perplexity still intends to pursue an IPO in 2028 regardless of how the listings of OpenAI and Anthropic perform.

Agnostic of these two companies, we were planning for something in 2028, so that still remains the case,” Srinivas told CNBC.

He acknowledged that investor reaction to upcoming AI listings could influence market sentiment, particularly the reception to SpaceX’s offering.

I certainly think there will be ripple effects if they don’t go well, like there is no sugar coating on that. The SpaceX IPO this week will definitely be a leading indicator of how Anthropic or OpenAI will go out,” he said.

Srinivas added that strong public market performances would benefit the AI sector.

I think it’s important for the AI industry that these IPOs go well, and I actually think they will go well, because they’re doing well.”

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WhatsApp Accuses NSO Group of New Spyware-Linked Attacks, Seeks Court Sanctions https://techeconomy.ng/whatsapp-nso-group-spyware-campaign-contempt-order-us-court/ https://techeconomy.ng/whatsapp-nso-group-spyware-campaign-contempt-order-us-court/#respond Mon, 08 Jun 2026 16:28:32 +0000 https://techeconomy.ng/?p=183057 WhatsApp has accused NSO Group of launching a new phishing campaign linked to Pegasus spyware and is seeking a contempt order, claiming the company violated a US court injunction that barred it from targeting WhatsApp users.

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WhatsApp has accused Israeli spyware company NSO Group of carrying out a new hacking campaign despite a US court order that bars the company from targeting the messaging platform and its users.

The Meta-owned platform said on Monday that it had uncovered and stopped a series of spear-phishing attempts linked to NSO after receiving reports from users.

According to WhatsApp, the attackers tried to lure targets into clicking malicious links that directed them to websites outside the app.

They tried to trick people into clicking on malicious links to drive them to external websites outside of WhatsApp,” the company wrote. “We also caught them creating test accounts and groups on WhatsApp, which we took down.”

WhatsApp said the operation shared similarities with another campaign uncovered in Jordan in 2024. In that case, victims who clicked malicious links were infected with Pegasus, NSO Group’s spyware.

Following its latest findings, Meta has asked a US federal court to hold NSO in contempt, arguing that the company breached a permanent injunction issued during a long-running case between both firms.

The court order stemmed from a 2019 hacking campaign in which more than 1,400 WhatsApp users were targeted through the platform. After discovering the breach, WhatsApp alerted affected users and filed a lawsuit against NSO.

A jury later ordered the spyware maker to pay $167 million in damages. That amount was subsequently reduced to $4 million.

The latest court filing is another chapter in an issue that has lasted several years and drawn attention to the high use of commercial spyware around the world.

NSO Group has been repeatedly cautioned over Pegasus, a surveillance tool capable of infiltrating mobile devices through so-called “zero-click” and “one-click” attacks. 

Investigations by journalists, security researchers and technology companies have linked the spyware to operations targeting journalists, activists, dissidents, human rights defenders and political opponents in several countries.

WhatsApp said it has continually exposed suspected spyware campaigns, notified victims and strengthened protections for users who may face a higher risk of digital surveillance.

Other technology companies, including Apple and Google, have also introduced additional security measures designed to help protect users from advanced spyware attacks.

Meta’s latest legal action has attracted support from civil society groups. A coalition of 12 civil rights organisations, privacy advocates and security researchers has filed court briefs backing the company’s position and urging the court to maintain pressure on NSO.

The spyware maker is also still under pressure from the US government. NSO is still listed on the US Commerce Department’s Entity List, a designation that restricts its access to American technology.

Washington has imposed similar measures on other spyware firms, including Intellexa and its founder.

In 2025, a group of US investors acquired NSO and began efforts to rebuild the company’s reputation while seeking the removal of US restrictions. However, the company remains on the Commerce Department blocklist.

The NSO Group did not respond to requests for comment on the latest allegations from WhatsApp.

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Amazon Unveils AI-Powered Warehouse Robots, Expands Fast Delivery, Creates 25,000 Jobs Across Europe https://techeconomy.ng/amazon-warehouse-robots-europe-fast-delivery-jobs-expansion/ https://techeconomy.ng/amazon-warehouse-robots-europe-fast-delivery-jobs-expansion/#respond Fri, 05 Jun 2026 09:02:39 +0000 https://techeconomy.ng/?p=182914 Amazon has announced a €10 billion investment to expand and modernise its European fulfilment network, unveiling a new Proteus warehouse robot, creating 25,000 jobs and expanding same-day delivery services across the region.

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Amazon has expanded its European operations, combining new warehouse robots, faster delivery services and fresh investment in employee training.

The company revealed the plans at its Delivering the Future event in Dartford, England, where it also introduced an upgraded version of Proteus, its autonomous warehouse robot.

The new Proteus can move across warehouse floors rather than being limited to loading and dock areas. Amazon said employees can now give the robot instructions using everyday language instead of technical commands.

“You tell it what needs to be done. It figures out the priority, the route, the timing,” said Scott Dresser, vice president of Amazon Robotics.

Like the current version, Proteus is designed to handle physically demanding work, including moving heavy carts over long distances. Amazon explained that the upgraded robot is being tested in its laboratories and is expected to begin operating in Europe during the first half of 2027.

Alongside Proteus, Amazon also highlighted other robotics technologies that it plans to expand across its European network. These include Vulcan, the company’s first robot with a sense of touch, and STARK, a robotic tote-handling system that works alongside employees by picking full totes from conveyors and placing them onto carts.

STARK was first tested in Barcelona and Amazon plans to deploy it at 15 sites across Europe by 2027.

The warehouse robots rollout is part of an investment programme worth more than €10 billion, Amazon said the funding will be used to expand and modernise fulfilment centres across Europe while supporting long-term growth in the region.

The company expects the expansion to create 25,000 additional jobs across its European fulfilment network over the coming years.

Amazon also announced a fresh commitment to workforce development, pledging $1 billion to its Career Choice programme by 2030. The initiative funds education and training for employees seeking careers in areas such as cyber security, software development, logistics, renewable energy and mechatronics.

More than 300,000 employees have participated in the programme globally, including 30,000 in the United Kingdom.

On the delivery side, Amazon said it will open more than 25 Sub Same-Day Delivery sites across Europe this year. The facilities bring storage, fulfilment and final delivery operations together in one location, allowing customers to place orders later in the day and still receive them within hours.

The company said the network will expand to locations including Coventry in the UK and Nürnberg in Germany.

Amazon Now, the retailer’s ultra-fast delivery service for groceries and household essentials, is also set for further growth. The service, which promises delivery in 30 minutes or less, is already available in parts of London and will expand to Manchester and Birmingham later this year.

In another update for European customers, Amazon said its Add to Delivery feature will launch in the UK, Germany, Spain, Italy and France later this year. The service allows Prime members to add items to an existing order without completing a separate checkout process or paying extra delivery charges.

The company is also strengthening its grocery offering. Customers in parts of central and east London can now combine fresh food items, including fruit, vegetables, meat and dairy products, with other Amazon purchases for same-day delivery.

Amazon said the investment drive follows a record year in Europe. The company invested more than €60 billion across the region in 2025, its largest annual investment in Europe to date.

The retailer also provided an update on its sustainability efforts, revealing that more than 50,000 electric delivery vans are now operating across the United States, Europe and India. That figure represents half of Amazon’s target to deploy 100,000 electric vans globally by 2030.

In Europe, Amazon and its delivery partners have now completed more than 100 million deliveries using electric cargo bikes, electric mopeds and on-foot delivery methods. These deliveries have helped avoid more than 17,000 metric tonnes of carbon emissions.

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Meta Delays Release of Muse Spark AI API Despite Earlier Launch Plans https://techeconomy.ng/meta-delays-muse-spark-ai-api-release/ https://techeconomy.ng/meta-delays-muse-spark-ai-api-release/#respond Thu, 04 Jun 2026 08:03:42 +0000 https://techeconomy.ng/?p=182823 While the company says testing is ongoing with select partners and a launch is expected this month, developers are still waiting for public access, documentation and pricing details.

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Meta has postponed the public release of its Muse Spark artificial intelligence model API several times since unveiling the technology in April.

A report by the Wall Street Journal said Meta had repeatedly delayed plans to make the API available to developers and, as of Tuesday, had not set a launch date. The report cited people familiar with the matter.

However, Meta disputed suggestions that the project had stalled. A company spokesperson said on Wednesday that testing is already underway with a group of early partners and that the company still expects to release the API later this month.

“The muse spark API will be coming soon,” Meta AI Chief Alexandr Wang announced in a post on X in April.

Meta AI Unveils Spark to Power Next-Gen AI across Platforms

 

The API would allow developers to integrate Muse Spark into their own software and services. An API, or Application Programming Interface, is a software bridge that enables different systems to communicate and work together.

Meta introduced Muse Spark in April as the first model developed under its Superintelligence Labs initiative, which was created to strengthen the company’s position in the competitive AI market.

The model is designed to narrow the gap between Meta and competitors including OpenAI, Anthropic and Google.

While Muse Spark is already available to consumers through Meta’s applications, users can currently access it only through built-in modes such as Instant, Thinking and Contemplating. Developers still do not have access to a public API, and Meta has yet to release documentation, pricing details, rate limits or eligibility requirements.

The lack of information has created apprehension among developers hoping to build products around the model. Without a public timeline, waitlist or technical documentation, companies interested in integrating Muse Spark are unable to plan deployments or assess costs.

The delays also come at a sensitive time for Meta. Investors have been monitoring the company’s AI strategy as it spends heavily on infrastructure, talent and product development.

Questions about execution have grown following reports of an Instagram security incident involving Meta’s AI-powered support system, which exposed weaknesses in automated account management processes.

Earlier on Wednesday, Meta unveiled a new AI agent designed to help businesses handle day-to-day tasks, showing that the company is going beyond consumer chatbots and into enterprise services.

The launch highlights Meta’s goal to compete more directly with OpenAI, Anthropic and Google across multiple areas of the AI market.

Muse Spark is expected to bolster that strategy. It is the first in what Meta has described as a new generation of advanced models from its Superintelligence Labs unit.

However, the repeated postponements have left analysts, developers and investors waiting for evidence that the company can translate its AI investments into products that are ready for global use.

Access is still currently limited to a small group of testing partners, while the developer community is waiting for Meta to open the platform to the public.

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Meta Launches Paid Instagram, Facebook and WhatsApp Subscription Plans Globally https://techeconomy.ng/meta-paid-instagram-facebook-whatsapp-subscription-plans/ https://techeconomy.ng/meta-paid-instagram-facebook-whatsapp-subscription-plans/#respond Thu, 28 May 2026 08:37:06 +0000 https://techeconomy.ng/?p=182280 Meta is expanding beyond advertising with new paid subscription plans for Instagram, Facebook and WhatsApp

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Meta has started rolling out paid subscription plans for Instagram, Facebook and WhatsApp, expanding its services beyond advertising.

The new plans, called Instagram Plus, Facebook Plus and WhatsApp Plus, are launching globally and will give users access to extra features for monthly fees ranging from $2.99 to $3.99.

Instagram Plus and Facebook Plus will each cost $3.99 per month, while WhatsApp Plus will cost $2.99 monthly.

Meta said the subscriptions are aimed at users who want more tools for customisation, audience engagement and account management across its apps.

Instagram Plus includes features such as Story rewatch counts, unlimited audience lists, extended Story visibility beyond 24 hours, anonymous Story previews and weekly Story spotlight boosts.

Subscribers will also get profile customisation tools including custom fonts, app icons, extra profile pins and animated “Super Heart” reactions.

Facebook Plus offers many of the same features, with a focus on profile expression and audience engagement.

WhatsApp Plus is centred on messaging and personalisation. Subscribers will have access to custom ringtones, app themes, premium stickers, more pinned chats and list customisation tools.

The new Plus plans will not replace Meta Verified, its existing paid verification service focused on identity verification, impersonation protection and customer support.

At the same time, the company is testing another subscription programme under a new brand called “Meta One”, covering creators, businesses and Meta AI users.

For Meta AI, the company will begin testing two plans next month. Meta One Plus will cost $7.99 per month, while Meta One Premium will cost $19.99 monthly.

According to Meta, the Premium tier will allow access to more advanced processing for complex requests, alongside expanded image and video generation features across its apps.

The AI subscriptions will first launch in Singapore, Guatemala and Bolivia.

Meta is also preparing professional subscription plans for creators and businesses in markets including Saudi Arabia, Morocco, Thailand and Bangladesh.

The Meta One Essential plan, priced at $14.99 per month, includes a verified badge, impersonation protection and an upgraded links page for directing users to websites and social profiles.

The more expensive Meta One Advanced plan will cost $49.99 monthly and adds tools designed to improve visibility and audience growth across Facebook and Instagram.

Subscribers on the Advanced tier will be able to appear higher in search results, receive stronger promotion in feeds and use a bold “Follow” button on Reels. The plan also includes advanced analytics, scheduling tools, account-sharing features for moderators and alerts when other users repost their content.

Meta said the long-term goal is to bring all subscription products together under the Meta One brand.

The company has looked for new sources of revenue as growth across Facebook, Instagram and WhatsApp slows in several markets. Subscription services also arrive as Meta continues spending heavily on artificial intelligence infrastructure.

Investors reacted positively to the announcement, with Meta shares growing nearly 3% on Wall Street following the rollout.

Meta now joins companies including Snapchat and X in offering paid subscription tiers, though its strategy combines consumer features, creator tools and AI services within one broader subscription system.

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South Africa Delays AI Policy to 2027 After Fake References Scandal https://techeconomy.ng/south-africa-delays-ai-policy-2027-fake-references/ https://techeconomy.ng/south-africa-delays-ai-policy-2027-fake-references/#respond Tue, 26 May 2026 15:56:49 +0000 https://techeconomy.ng/?p=182145 South Africa has delayed its national AI policy to 2027 after officials withdrew a draft found to contain fabricated academic references, prompting suspensions and an independent review panel.

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South Africa has delayed its national artificial intelligence (AI) policy to January 2027 after officials withdrew a draft that contained fabricated academic references. 

The decision comes after months of questions about how the document was prepared and checked before publication.

Cabinet approved the draft policy in March 2026, and government published it in April for public comment.

Questions emerged soon after, when media reports found that several citations did not exist or pointed to journals that never published the work. The findings forced a formal withdrawal of the document on 26 April 2026.

Minister of Communications and Digital Technologies Solly Malatsi told Parliament that the department missed the problems before they became public.

He said, “The department had not picked up that there were issues with the references in the draft policy document before the events were exposed in news reports,”

Two officials involved in drafting and checking the document have since been suspended. The department also admitted gaps in its internal review process, especially around how sources were verified before publication.

Malatsi said the government moved to contain the damage after the issue became public. He stated, “It was then that we got the responses to protect the integrity of the policy development process and, obviously, the stain that it has caused not just on the department but also on the government’s overall process of formulating and finalising policy,”

On 14 May 2026, the government appointed an independent panel to rebuild the policy framework. The group is chaired by Professor Benjamin Rosman of the Machine Intelligence and Neural Discovery Institute at the University of the Witwatersrand.

It includes Professor Vukosi Marivate, Professor Alison Gillwald, Heather Irvine, Dr Tshepo Feela, cybersecurity specialist Jabu Mtsweni, and cyber lawyer Lufuno Tshikalange.

Officials expect the revised framework to go back for public comment in January 2027. Until then, South Africa will remain without a formal national AI policy, even as both government and private firms continue to deploy AI systems in daily operations.

The episode has led to queries about oversight in policy development and the growing use of generative AI in official work.

It also places South Africa in a tighter race with countries such as Kenya and Nigeria, which are advancing their own national AI strategies.

Attention has currently shifted to whether the new panel can restore confidence and produce a framework that holds up to standards, both locally and across the continent.

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Spotify Expands Beyond Music and Podcasts with Narrated Magazine Articles https://techeconomy.ng/spotify-narrated-articles-vogue-rolling-stone-atlantic/ https://techeconomy.ng/spotify-narrated-articles-vogue-rolling-stone-atlantic/#respond Tue, 26 May 2026 14:38:56 +0000 https://techeconomy.ng/?p=182139 Spotify is expanding its audio offering with narrated long-form articles from major magazines including Vogue, Rolling Stone and Vanity Fair as it pushes deeper into audiobooks and spoken-word content.

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Spotify is adding narrated magazine articles to its platform, expanding into audio content, beyond music and podcasts.

The streaming company said on Tuesday that audiobook users in supported markets will now have access to more than 650 narrated long-form articles in English.

The articles come from publications including Rolling Stone, The Atlantic, Vogue, Variety, Vanity Fair, Billboard and WIRED.

Spotify said the narrated articles are produced by its in-house audiobooks team and each one runs for less than two hours. Premium subscribers can listen through their monthly audiobook allowance, while free users can buy individual articles for $1.99.

The company is expanding the range of content on its platform as competition grows across audio streaming, podcasts and AI-generated music services.

Competitors in the space include YouTube and Netflix, while AI music startups such as Udio and Suno have also entered the market.

Spotify co-chief executive Alex Norström recently said the company now accounts for about 20% of the US audiobooks market.

The new feature is designed to give listeners shorter audio content that can lead them towards longer audiobook listening over time.

With Articles, we’re introducing long-form journalism in audio as a natural extension of the music, podcasts, and audiobooks people already come to Spotify for, focused on topics we know they love,” said Colleen Prendergast, Licensing Lead at Spotify Audiobooks.

She added: “By bringing shorter form content into the mix, we’re meeting audiences where they are to help build healthy listening habits, ultimately growing engagement with books over time.”

Spotify launched its audiobooks business just over two years ago and says it has since expanded into 22 markets. The company also said audiobook listening hours have risen 60% year on year as it continues adding new features to the service.

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OpenAI to Launch First Overseas Applied AI Lab in Singapore, Invest S$300 Million https://techeconomy.ng/openai-singapore-applied-ai-lab-investment/ https://techeconomy.ng/openai-singapore-applied-ai-lab-investment/#respond Wed, 20 May 2026 08:14:21 +0000 https://techeconomy.ng/?p=181843 OpenAI will establish its first Applied AI Lab outside the United States in Singapore, backed by a commitment of more than S$300 million and plans to create about 200 technical jobs.

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OpenAI will open its first Applied AI Lab outside the United States in Singapore, expanding its presence in Asia as the city-state plans to become a global AI hub.

The company announced the move on Wednesday during the ATx Summit in Singapore, where it also launched “OpenAI for Singapore”, a partnership with the country’s Ministry of Digital Development and Information (MDDI).

Under the initiative, OpenAI said it will commit more than S$300 million to Singapore and create about 200 technical roles over the next few years.

The company added that Singapore will become one of its global bases for Forward-Deployed Engineers, teams that work directly with businesses and public institutions to deploy AI systems.

The new lab will support projects tied to Singapore’s national AI priorities, especially in public services, healthcare, finance and digital infrastructure.

Denise Dresser, chief revenue officer at OpenAI, said the company sees Singapore as a key market because of its technical talent and long-term AI ambitions.

We’re excited to partner with Singapore as it builds on its position as a global leader in AI,” she said.

Singapore has strong technical talent, trusted institutions, and a clear ambition to use AI to drive long-term growth and improve people’s lives.”

She added: “Through OpenAI for Singapore, we want to help more organisations benefit from frontier AI, support the next generation of local AI talent, and widen access to these tools across the country.”

Singapore has spent the past few years positioning itself as a neutral and trusted centre for AI development in Asia. The government has steadily increased spending on AI research and infrastructure while encouraging global technology firms to expand operations in the country.

Authorities earlier pledged S$1 billion between 2025 and 2030 to strengthen public AI research capabilities. Tech giants including Google, Nvidia, AWS and Microsoft have also announced AI-related investments and partnerships in Singapore.

Alongside the OpenAI AI Lab deal, Singapore recently unveiled a National AI Partnership with Google focused on education, healthcare and enterprise innovation. Nvidia is also establishing a new AI research lab in the country to work with universities and government agencies.

The partnership with OpenAI will also include education and workforce programmes. OpenAI said it plans to work with Singapore’s Ministry of Education and GovTech on AI-powered learning tools, including support for Mother Tongue language learning.

The company will also launch a Singapore chapter of the OpenAI Academy, organise Codex hackathons for teachers and introduce a training programme for Forward-Deployed Engineers.

Singapore’s Permanent Secretary for Digital Development and Information, Chng Kai Fong, said the partnership shows the government’s drive to prepare its workforce and economy for AI adoption.

With AI reshaping economies, businesses and the workforce, Singapore’s response has been deliberate: growing new sectors, anchoring global frontier companies here, and equipping our people with the skills to thrive in this new environment,” he said.

This partnership with OpenAI reflects the Government’s commitment to developing Singapore’s AI capabilities, strengthening enterprise adoption of AI, and securing good jobs for Singaporeans.”

OpenAI said it also plans to support smaller businesses and startups through workshops, accelerator programmes and practical AI adoption initiatives.

Countries are currently competing to attract AI investment, talent and infrastructure. Singapore is not left out, standing alongside hubs such as London, Dubai and Silicon Valley to lead AI development.

Recent data from Slack’s Workforce Index showed that about 52% of workers in Singapore already use AI tools in their jobs, underlining how quickly adoption is spreading across the country’s economy.

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