The U.S. Department of Transportation (DOT) has waived the final $11 million portion of a civil penalty previously levied against Southwest Airlines for its massive operational breakdown during a severe winter storm in December 2022. The waiver affects part of a $35 million payment the airline owed to the U.S. Treasury under a 2023 settlement […]
At its 2025 annual meeting, Tesla shareholders overwhelmingly approved a compensation plan for Elon Musk that could make him the first trillionaire in history. More than 75 % of shares voted in favor of the package, which ties Musk’s payout to multiple performance milestones over the next ten years Under the plan, Musk would receive […]
The United States has officially ceased production of the one-cent coin (the penny), following a directive by Donald Trump earlier in 2025. The decision, announced by the Treasury, comes after production costs exceeded face value (each penny costing as much as 3.69 cents to make). The move is expected to save the government about US$56 […]
On 29 October 2025, the White House announced that all six members of the Commission of Fine Arts (CFA) had been terminated with immediate effect. The CFA is an independent federal body, established in 1910, that advises the President, Congress, and local governments on matters of design and aesthetics related to federal buildings, memorials, and […]
Headline phrasing like “controls global internet routes” is dramatic — and useful for attention — but the reality is more subtle. Over the last three years Africa has dramatically increased its satellite capacity and institutional coordination, and that shift is changing how traffic is carried, routed and re-routed across the continent and, in specific circumstances, […]
In the vast and intricate web of global finance, few names carry as much weight as BlackRock. With over $10 trillion in assets under management, this financial behemoth is often cited as one of the most influential institutions in the world. Yet for many outside the financial sector, BlackRock remains a mystery—its power largely invisible, […]
Recent reports suggest the discovery of one of the world’s largest untapped gold reserves in Liberia, estimated at a staggering $13 trillion. If confirmed, this find could have profound implications not only for Liberia but also for global markets and geopolitics. A Resource of Global Significance Gold has long been regarded as a stabilizing asset […]
Over the past several decades, China has moved from being a largely agrarian society into one of the world’s most powerful economic and geopolitical actors. Behind this transformation lies what many observers describe as a carefully crafted “master plan”—a combination of long-term economic strategies, technological ambitions, and global partnerships designed to secure the country’s position […]
In the crowded and highly competitive world of artificial intelligence, few stories have jolted the industry like the arrival of DeepSeek, a Chinese startup whose open-source models have not only rivaled but in some cases outshined offerings from American tech giants. In early 2025, the release of DeepSeek-R1, powered by the company’s DeepSeek-V3 model, sent […]
Africa’s internet story is usually told through cables laid by global giants and traffic routed through far-off hubs in Europe. But imagine a different backbone: a Continental Internet Exchange (CIX) that stitches together Africa’s national IXPs into one fabric—so content created in Lagos reaches Nairobi without a round-trip to Frankfurt, and a fintech API in […]