Technology Financial News

24.11 / 14:05
Technology FCA tokenisation UK funds given approval to begin tokenisation efforts
Funds can now implement a baseline approach to tokenisation, providing they meet certain characteristics, such as comprising of mainstream investment assets and still providing valuations and settlement through the same processes and timeframes.
24.11 / 09:37
Technology Central Bank Nigeria’s NITDA advocates AI integration in payments for global recognition
In a bid for greater global recognition and domestic use of the Nigeria Payments System, the director-general (DG) of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, has stressed the importance of collaboration between NITDA, the Central Bank of Nigeria (CBN) and financial institutions.
24.11 / 09:37
Technology Europe European Union EU tech coalition warns of over-regulating AI prior to EU AI Act finalization
A group of businesses and tech companies have issued a joint letter to European Union regulators warning against over-policing powerful artificial intelligence (AI) systems at the sacrifice of innovation. 
23.11 / 09:27
Government Technology Law U.S. 5th Circuit Court seeks regulation on lawyers’ AI use in legal filings
A federal appeals court in New Orleans is considering a proposal that would mandate lawyers to confirm whether they utilized artificial intelligence programs to draft briefs, affirming either independent human review of AI-generated text accuracy or no AI reliance in their court submissions.
22.11 / 15:29
Government Blockchain Technology Adoption Former Coinbase exec posits blockchain-driven vision of future societies
The Dutch city of Amsterdam — no stranger to international conferences dedicated to cryptocurrencies, blockchain and decentralization — was recently host to the Network State Conference, which explored decentralization at an entirely different level. 
22.11 / 13:33
Technology Law FTC enhances investigative procedures to deal with AI-related lawbreaking
The United States Federal Trade Commission (FTC) has approved a new streamlined process for investigating cases involving the unlawful use of artificial intelligence (AI).
22.11 / 13:33
Technology Law Microsoft ChatGPT OpenAI OpenAI and Microsoft sued over alleged unauthorized use of authors’ work
OpenAI and Microsoft are facing a lawsuit alleging the improper use of nonfiction authors’ work to train AI models, including OpenAI’s ChatGPT service. Author and reporter Julian Sancton sued the companies on Nov. 21. 
22.11 / 13:32
Blockchain Technology Adoption Decentralization How an ‘internet of AIs’ will take artificial intelligence to the next level
HyperCycle is a decentralized network that connects AI machines to make them smarter and more profitable. It enables companies of all sizes to participate in the emerging AI computing economy.
21.11 / 14:15
Blockchain Technology Law Europe Can blockchain supply the guardrails to keep AI on course?
Artificial intelligence (AI) and blockchain are emerging digital technologies that have captured the public imagination but also raised serious concerns.
20.11 / 10:16
business Technology Tech tech startups OpenAI Emmett Shear new CEO of OpenAI: A timeline of Sam Altman’s ousting
On Nov. 17, the artificial intelligence (AI) startup OpenAI made the shock announcement that it had fired CEO Sam Altman — and reaffirmed that decision on Nov. 19 with the hiring of Twitch co-founder Emmett Shear as the new CEO.
19.11 / 12:07
business Technology CBDC Financial Ripple’s James Wallis underscores CBDCs’ role in breaking financial barriers
James Wallis, Ripple’s vice president for central bank engagements and central bank digital currencies (CBDCs), has highlighted the role of CBDCs in advancing global financial inclusion in a brief video. Wallis clarifies that financial inclusion aims to extend financial services to individuals worldwide, especially those with low incomes and no ties to financial institutions.
19.11 / 12:07
Technology Meta Meta dissolves responsible AI division amid restructuring
Social media giant Meta has reportedly disbanded its division responsible for regulating its artificial intelligence (AI) ventures as they are developed and deployed.
18.11 / 08:33
Technology ChatGPT OpenAI: Altman’s removal triggers co-founder Brockman’s exit
The internal discord at OpenAI appears to be escalating rapidly, with the removal of Sam Altman announced by the company, citing a confidence deficit. Shortly thereafter, Greg Brockman, co-founder, and president of OpenAI, revealed his exit from the organization.
16.11 / 17:31
Blockchain Technology Adoption applications Dapps end Boosting blockchain adoption by keeping tech on the back end
Understanding the difference between the front and back end is crucial with Web3 technology. The term “front end” describes the portion of Web3 applications that consumers interact with directly. This includes the technology’s user-facing side, websites and decentralized applications (DApps). 
15.11 / 13:47
Technology ChatGPT OpenAI OpenAI halts new ChatGPT Plus sign-ups amid high demand
OpenAI, the company behind the popular artificial intelligence (AI) chatbot ChatGPT, said it has put on hold new signups for the premium version of the AI tool, ChatGPT Plus, due to a high surge in usage after DevDay.
10.11 / 11:41
Government Technology Nigeria and UK foundation launch Code Clubs for digital literacy
The Federal Government of Nigeria, through the Ministry of Communications, Innovation and Digital Economy, has entered into a partnership with a UK-based computing education charity, Raspberry Pi Foundation, to launch Code Clubs across Nigeria.
09.11 / 13:13
Blockchain Technology Law regulation Tether legislation U.S. lawmakers introduce CLARITY Act to limit federal ties with Chinese blockchain
U.S. Representatives Zach Nunn and Abigail Spanberger have jointly introduced the Creating Legal Accountability for Rogue Innovators and Technology (CLARITY) Act. The legislation aims to prohibit federal government officials from conducting business with Chinese blockchain companies.
09.11 / 10:53
Technology Nigeria’s 3MTT program draws 1M+ applicants, introduces AI course
Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, said the 3 Million Technical Talent (3MTT) program’s million applicants will undergo an introductory artificial intelligence (AI) course.
08.11 / 20:37
Blockchain Technology interview partnership Stellar Idris Elba on his Stellar journey to unlocking human potential — Interview
In a modern world where technology is advancing rapidly thanks to tools like blockchains and AI, there are still many places grappling with age-old problems. Poverty, lack of access to clean water or electricity, and financial exclusion are battles many communities still face daily. And while progress is being made, especially in connection to the United Nations’ Sustainable Development Goals (SDGs), some regions are still struggling, notably Africa and South America.
07.11 / 19:51
business Technology Funding IBM generative AI IBM launches $500M fund to develop generative AI for enterprise
IBM announced the launch of a $500 million Enterprise AI Venture Fund on Nov. 7 that, according to the company, will be focused on “accelerating generative AI technology and research for the enterprise.”

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