Samuel Nwite
AUTHOR: Samuel Nwite
Yuan Strengthens to Strongest Level in Over Three Years as Beijing Accelerates Currency Internationalization
China’s central bank has fixed the yuan at its strongest rate against the US dollar in more than three years, underscoring Beijing’s determination to...
Peloton Returns to Profit as Subscription Growth and New Partnerships Fuel Turnaround Push
Peloton delivered a modest but symbolically important quarter on Thursday as the connected fitness company returned to profitability, beat Wall Street revenue expectations, and...
SpaceX and Anthropic Strike High-Stakes AI Infrastructure Deal as Compute Race Expands Beyond Earth
SpaceX said Wednesday it has signed an agreement giving Anthropic access to Colossus 1, a massive artificial intelligence supercomputer platform, in a deal that...
Snap Ends Partnership with Perplexity AI, Walks Away from $400 Million Deal
Snap Inc. has terminated its high-profile partnership with AI search engine Perplexity, the company disclosed Wednesday as part of its first-quarter earnings report, marking...
Otti Pushes Ambitious Abia Seaport Plan, Seeks Tinubu’s Backing to Open Southeast Maritime Corridor
Governor Alex Otti has moved to revive one of the Southeast’s oldest economic ambitions, unveiling plans for a proposed seaport and inland waterways corridor...