PalmPay, one of Africa’s fastest-growing fintech platforms, is reportedly in discussions to raise as much as $100 million in fresh funding. The news signals strong investor confidence in Africa’s digital payments sector, especially at a time when many tech firms globally are scaling back or struggling to turn a profit. Founded in 2019 and headquartered […]
P&G to Lay Off 7,000 White-Collar Employees Across HR, Legal, and Other Functions.
In a significant move to streamline operations and adapt to evolving business needs, Procter & Gamble (P&G) has announced plans to lay off 7,000 white-collar employees across departments including human resources, legal, and finance. The decision is part of a broader effort by the consumer goods giant to reduce costs, simplify internal structures, and leverage […]
CNetgear Acquires Bengaluru-Based Cybersecurity Startup Exium.
In a strategic move to strengthen its position in the cybersecurity space, CNetgear has announced the acquisition of Exium, a Bengaluru-based startup known for its cutting-edge, cloud-native security solutions. The deal underscores CNetgear’s commitment to expanding its portfolio in network and data protection, especially at a time when cyber threats are becoming more sophisticated and […]
OpenAI Academy Launches in India to Boost AI Education Nationwide.
In a landmark move to democratize access to cutting-edge artificial intelligence knowledge, OpenAI has officially launched the OpenAI Academy in India. The initiative aims to empower students, professionals, and educators across the country with the skills needed to thrive in an AI-driven world. As one of the world’s fastest-growing digital economies, India is uniquely positioned […]
How Impresario’s CHRO Is Turning Listening into Leadership.
In today’s fast-changing workplace, leadership is no longer just about giving directions—it’s about listening with purpose. At Impresario Handmade Restaurants, home to beloved brands like Social and Smoke House Deli, the company’s Chief Human Resources Officer (CHRO) is proving that real leadership begins by hearing what employees have to say. The Power of Listening in […]
Treasure Data Launches AI Suites to Supercharge Customer Experiences and Transform Teams into “Superhumans”
In a bold move to redefine customer experience and workforce productivity, Treasure Data has unveiled its latest innovation—AI-powered suites designed to enhance customer engagement and transform internal teams into what the company calls “superhumans.” Treasure Data, a leader in customer data platforms (CDPs), is doubling down on artificial intelligence to help brands unlock deeper customer […]
Irish Fintech Nomupay Secures $40M Funding at $290M Valuation from SoftBank.
Nomupay, an emerging fintech player based in Dublin, has raised $40 million in a fresh funding round led by global investment giant SoftBank. This funding values the company at an impressive $290 million and marks a significant step forward in its mission to streamline payments across Europe and Southeast Asia. Aiming to Simplify Global Payments […]
AWS Strengthens European Cloud Independence with New German Corporate Entity.
Amazon Web Services (AWS) has taken a major step toward reinforcing data sovereignty in Europe by establishing a new corporate presence in Germany. This move is part of AWS’s broader initiative to support its European Sovereign Cloud—a dedicated infrastructure designed to meet strict EU data residency, privacy, and regulatory requirements. Why Germany? Germany, known for […]
Newgen Software Share Price Soars 9% Following $2.5 Million International Deal.
Newgen Software, a leading provider of digital transformation platforms, witnessed a significant surge in its share price—jumping by 9%—after announcing a $2.5 million international contract. The deal marks a major milestone for the company’s global expansion strategy and reinforces investor confidence in Newgen’s long-term growth trajectory. The Big Deal The $2.5 million agreement, inked with […]
Builder.ai’s AI Mirage: Behind the Hype and the Collapse.
Once touted as the future of app development, Builder.ai has reportedly come crashing down after revelations that its “AI-powered” platform was heavily reliant on human coders—mostly 700 engineers based in India. The startup, which claimed to revolutionize software development through artificial intelligence, now finds itself in a credibility crisis as it fails to live up […]
