How banks, fintechs refunded Nigerians ₦10 billion in six months Summary Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) says it helped consumers reclaim over ₦10 billion between March and August 2025 after resolving 9,091 complaints through its consumer complaints portal. Banking led the complaints by volume and value, followed by fast-moving consumer goods, fintech […]
Morocco’s Nucleon Security raises $3.5m to scale Zero Trust AI across Africa Summary Nucleon Security, a Moroccan cybersecurity firm founded in 2019, has closed a €3m (~$3.5m) seed round led by NewFund Capital with participation from Orange Ventures, Axian Group, LoftyInc Capital and Morocco’s Caisse de Dépôt et de Gestion via 212Founders. The funding will […]
Ray Dalio says AI comes with a downside: creating a ‘bunch of losers’ Summary Billionaire investor Ray Dalio calls AI a ‘truly fantastic’ tool but warns it will increase polarisation and inequality. In a recent podcast appearance he said AI is likely to benefit the top 1–10% while creating ‘a bunch of losers’, as humanoid […]
‘Bond King’ Bill Gross warns AI giants wasting cash, stocks at risk Summary Billionaire investor Bill Gross told Business Insider he is concerned that major tech firms are over-investing in the race to dominate AI. He warns of “malinvestment” as companies pour hundreds of billions into AI capex — from chips and servers to sprawling […]
As its Microsoft nightmare nears an end, OpenAI’s ‘full stack’ dream comes into view Summary OpenAI has signed a memorandum of understanding to resolve its contractual fight with Microsoft and is creating a new corporate structure that will allow it to issue traditional equity. That clears a major fundraising hurdle and paves the way for […]
Tesla says xAI stands for “eXploratory AI.” Does it? Summary Author style: Punchy — a quick, tidy clarification that cuts through a tiny naming mystery. Tesla’s September 5 proxy statement referred to Elon Musk’s AI company as “eXploratory Artificial Intelligence or ‘xAI’,” which prompted questions because neither Musk nor xAI appear to have ever expanded […]
LETTER: Las Vegas’ tourism woes aren’t Trump’s fault Summary A reader’s letter argues that Las Vegas’ recent tourism slowdown should not be blamed on President Donald Trump or his voters. The writer, a Trump supporter, says the real problems are rising prices and poor value for visitors — $25 buffets, $25 parking and tighter gambling […]
Vyro AI Leak Reveals Poor Cyber Hygiene Summary Vyro AI accidentally exposed around 116GB of sensitive user data across three products: ImagineArt, Chatly and Chatbotx. Cybernews researchers found the dataset had been indexed by IoT search engines in February, suggesting it may have been discoverable for months. The exposed information included user prompts, bearer authentication […]
‘Gentlemen’ Ransomware Abuses Vulnerable Driver to Kill Security Gear Summary The Gentlemen ransomware gang is weaponising a vulnerable, signed kernel driver (ThrottleStop.sys) — renamed in attacks as ThrottleBlood.sys — to disable antivirus and EDR products. Trend Micro analysis shows the group uses a bring-your-own-vulnerable-driver (BYOVD) technique together with AV‑killer binaries (All.exe and customised Allpatch2.exe) and […]
Apple CarPlay RCE Exploit Left Unaddressed in Most Cars Summary Researchers disclosed a buffer‑overflow vulnerability in Apple CarPlay (CVE-2025-24132) that can lead to root remote code execution (RCE) via the AirPlay SDK. Although Apple released a patch months ago, most carmakers and many vendors have not rolled the fix out to vehicles. The flaw can […]
