Meta to Lay 50,000 km Undersea Cable to Power AI and Global Connectivity

In a bold move to expand global connectivity and fuel the development of artificial intelligence, Meta, the parent company of Facebook and Instagram, has announced plans to install a massive undersea cable spanning five continents. The project, named “Waterworth,” will stretch over 50,000 kilometers (31,000 miles), linking the United States, South Africa, India, Brazil, and…

Nigeria Moves to Tax Cryptocurrency Transactions

Nigeria is taking significant steps to regulate and tax cryptocurrency transactions as part of broader efforts to boost government revenue. The country’s Securities and Exchange Commission (SEC) has confirmed that a bill outlining the tax framework is under review and is expected to be passed within this quarter, according to Bloomberg. This initiative is driven…