Impact Newswire

Vivo Deal Signals New Era for India Smartphone Manufacturing India's smartphone manufacturing industry is entering a new phase after the government approved a joint venture between Chinese smartphone maker Vivo and local electronics manufacturer Dixon Technologies.... https://impactnews-wire.com/vivo-deal-signals-new-era-for-india-smartphone-manufacturing/

Jumia Revenue Climbs as Losses Continue to Narrow Jumia reported stronger second-quarter earnings as revenue rose 25% year over year to $45.6 million, driven by robust growth in Nigeria and improving operating performance across regions.... https://impactnews-wire.com/jumia-revenue-climbs-as-losses-continue-to-narrow/

Why Did the Bank of China Hold Back $335 Million in Taxes? China's National Audit Office says state-owned lender Bank of China underpaid about 2.4 billion yuan ($335 million) in taxes, according to a report, underscoring Beijing's tighter scrutiny of tax compliance as slowing economic growth pressures government finances.... https://impactnews-wire.com/why-did-the-bank-of-china-hold-back-335-million-in-taxes/

OpenAI Unveils GPT 56, Strengthens Microsoft Partnership OpenAI has launched GPT-5.6, its newest family of artificial intelligence models, while reaffirming that the technology will remain the preferred model powering Microsoft 365 Copilot.... https://impactnews-wire.com/openai-unveils-gpt-56-strengthens-microsoft-partnership/

Stablecoin Firm Circle Has Been Approved to Operate as a Bank Stablecoin issuer Circle's shares rose more than 7% on Friday after the U.S. Office of the Comptroller of the Currency (OCC) approved the company to operate a national trust bank, allowing it to manage reserves backing its regulated stablecoins directly.... https://impactnews-wire.com/stablecoin-firm-circle-has-been-approved-to-operate-as-a-bank/

POS Overtake ATMs as Nigerians Shift Cash Habits Point-of-sale (POS) terminals have overtaken automated teller machines (ATMs) as Nigerians' preferred channel for accessing cash, with transactions surging to record levels as consumers increasingly rely on neighbourhood agents rather than bank branches or ATMs.... https://impactnews-wire.com/pos-overtake-atms-as-nigerians-shift-cash-habits/

Truecaller Challenges India Anti Spam Caller Rules Truecaller has publicly challenged India's telecom regulator over new anti-spam rules, warning that the measures are making it harder to protect consumers from fraudulent and unwanted calls in the company's largest market.... https://impactnews-wire.com/truecaller-challenges-india-anti-spam-caller-rules/

DeepSeek’s Chip Push Shows AI Freedom is Ending DeepSeek's decision to design its own AI chip places the Chinese startup alongside Amazon, Google, OpenAI, Huawei, Alibaba and Baidu in a growing race to own every layer of the AI stack, from silicon and compute infrastructure to the models themselves.... https://impactnews-wire.com/deepseeks-chip-push-shows-ai-freedom-is-ending/

Safaricom Investors to Vote on Whether Vodafone Can Now Appoint CEO Safaricom shareholders will vote later this month on whether to grant Vodafone Kenya the right to nominate the telecom giant's next Chief Executive Officer.... https://impactnews-wire.com/safaricom-investors-to-vote-on-whether-vodafone-can-now-appoint-ceo/

Tanzania Central Bank Builds Gold Reserves to Strengthen Shilling Tanzania's central bank has accumulated about 28 metric tonnes of gold over the past 18 months as part of a strategy to strengthen the country's foreign exchange reserves, support the shilling and reduce its vulnerability to external economic shocks.... https://impactnews-wire.com/tanzania-central-bank-builds-gold-reserves-to-strengthen-shilling/

A Trillion Dollar Chipmaker is Debuting on US Markets South Korean memory chipmaker SK Hynix is set to begin trading on the Nasdaq on Friday, giving U.S.... https://impactnews-wire.com/a-trillion-dollar-chipmaker-is-debuting-on-us-markets/

Kenya Shilling Eyes Remittance Boost Kenya's shilling is expected to strengthen against the U.S. dollar over the coming week, supported by steady inflows from diaspora remittances that continue to provide the country with a reliable source of foreign exchange.... https://impactnews-wire.com/kenya-shilling-eyes-remittance-boost/

Google Search Hits Record High During Ongoing 2026 World Cup Google Search recorded its highest-ever queries per second during Argentina's dramatic FIFA World Cup comeback victory over Egypt.... https://impactnews-wire.com/google-search-hits-record-high-during-ongoing-2026-world-cup/

Instagram is Allowing People to Use Your Photos to Create AI Images The feature, called Muse Image, is available through the Meta AI app and website, as well as on WhatsApp and Instagram Stories for U.S.... https://impactnews-wire.com/instagram-is-allowing-people-to-use-your-photos-to-create-ai-images/

Apple Broadcom Deepen Made in America Chip Partnership Apple has signed a multiyear agreement worth more than $30 billion with Broadcom to manufacture advanced wireless chips in the United States, deepening its investment in domestic semiconductor production as it seeks to strengthen supply chain resilience and reduce dependence on overseas manufacturing.... https://impactnews-wire.com/apple-broadcom-deepen-made-in-america-chip-partnership/

OPINION: Africa May Be Blockchain’s Most Mispriced Market Last year, Kredete, a startup founded by Nigerian entrepreneur Adeola Adedewe that enables Africans in the diaspora to build credit profiles through their remittance activity, raised a US$22 million Series A funding round, the largest disclosed blockchain transaction recorded on the continent in 2025.... https://impactnews-wire.com/opinion-africa-may-be-blockchains-most-mispriced-market/

Nigeria Probes Big Tech Over News Content Use Nigeria has launched an investigation into major global technology companies, including Meta, Alphabet, X and several generative AI platforms, following allegations that their business practices are undermining local media organisations and exploiting news content without adequate compensation.... https://impactnews-wire.com/nigeria-probes-big-tech-over-news-content-use/