Technext

Ebun Okubanjo, the embattled CEO of Bento Africa, has resigned in what appears to be a dramatic fallout from allegations of tax and pension fraud reported by Technext. His decision to step down comes as investigations by the Economic and Financial Crimes Commission (EFCC) and the Lagos Inland Revenue Service (LIRS) gain momentum. https://lnkd.in/dYpWqcGY

Cryptocurrency exchange Crypto com is set to delist Tether’s USDT and nine other tokens in Europe on Jan. 31. The action follows the decision to comply with the implementation of the Markets in Crypto-Assets Regulation (MiCA) framework. The platform has also given users until March 31 to convert their assets. https://lnkd.in/dKrvJprG

Social media platform, LinkedIn has now surpassed $2 billion in premium subscription revenue in the last 12 months and has now crossed more than 1 billion users, both premium and free. https://lnkd.in/dkDWSvQW

Netflix’s geo-restriction of Nollywood hits like Seven Doors and Lisabi has sparked debate. Is this just licensing, a business strategy, or an attempt to limit Nollywood’s global reach? For years, Nollywood has captivated audiences worldwide—so why box it into a regional market? Read all about it here: https://lnkd.in/d-STCZ9T

Nigerian mobility financing company, Moove has announced the acquisition of Kovi, a Brazilian mobility provider. The all-share transaction has now pushed the mobility fintech’s annual revenue to $275m, a 139% increase from the $115m reported last March. https://lnkd.in/dCxr9dt4

Tech giant Microsoft has opened an investigation into the possibility of DeepSeek making use of OpenAI’s application programming interface (API) for its model development. The probe comes a few hours following claims by Trump’s AI and crypto “czar”, David Sacks that the Chinese company used OpenAI’s models to train its own models. https://lnkd.in/deZRCi8u

South Sudan authorities have lifted the temporary ban on access to social media platforms such as Facebook and TikTok across the country. https://lnkd.in/dnywn2QN

SpaceX will join Icasa’s public hearings on 5-6 Feb as it pushes to launch Starlink in South Africa. The hearings focus on new satellite service licensing and SpaceX has urged Icasa to reconsider the rule requiring 30% ownership by ‘historically disadvantaged’ groups. https://lnkd.in/dsWN4qKF

The cryptocurrency market and major tech leaders witnessed a combined loss of $1.02 trillion resulting from the rapid rise of Chinese AI DeepSeek and the flexible shape of the digital currency industry. Read more here: https://lnkd.in/d-MQCdPA

DeepSeek, a Chinese artificial intelligence (AI) company, is the new revolutionary force in the global AI industry. Founded in May 2023, the company’s innovative approach to AI development has captured the world’s attention. Here’s all you need to know: https://lnkd.in/dMcszggZ