-
Netflix Co-Founder Reed Hastings to Exit Board After Nearly 30 Years.
Reed Hastings is set to step down from the board of Netflix in June 2026, marking the end of nearly three decades of direct involvement with the streaming giant he co-founded in 1997. The company confirmed that Hastings will not seek re-election when his current board term expires at the next annual shareholders meeting. His…
-
MTN Suspends Airtime Loans (“Xtratime”) as Nigeria’s New Digital Lending Rules Evolve.
MTN Nigeria has temporarily suspended its airtime and data advance service known as Xtratime, following new regulatory requirements under Nigeria’s expanded digital lending rules, in one of the clearest early disruptions from the country’s tightening consumer credit framework. The suspension was confirmed in a filing to the Nigerian Exchange, where MTN said the move is…
-
UNILAG Student Wins Red Bull Basement Nigeria With Livestock Tracker “VitalTag”.
A University of Lagos (University of Lagos) student has emerged winner of the Red Bull Basement Nigeria national finals with an innovation called VitalTag, a livestock health monitoring system designed to help farmers detect illness in animals at an early stage. The winner, Jesutofunmi Oniyide, a Mechatronics Engineering student, developed VitalTag as an Internet of…
-
Refiant AI Raises $5M Seed Round to Cut AI Energy Costs in Clean Tech Push.
Refiant AI has raised $5 million in seed funding in a round led by VoLo Earth Ventures, marking fresh investor interest in startups building more energy-efficient artificial intelligence infrastructure. The funding round, completed around April 14, 2026, positions the company as part of a growing wave of “clean compute” innovators targeting AI’s rising energy demands….
-
Sama Lays Off Over 1,000 Kenyan Workers as Meta Contract Winds Down.
Sama has laid off about 1,100 employees in Kenya following the winding down of its work relationship with Meta, marking one of the most significant job cuts in Africa’s AI data labeling sector. The affected workers were based primarily in Nairobi and were engaged in AI data annotation and content moderation tasks that support the…
-
Standard Bank Breach Leaks Card Details, 1.2TB of Data — Internal System Vulnerability Exposes Customers.
Standard Bank has confirmed a significant data breach that exposed sensitive customer information, including card numbers and expiry dates, following unauthorised access to its internal systems in March 2026. The incident escalated after reports revealed that as much as 1.2 terabytes of data had been extracted and later leaked online, raising concerns about the scale…
TechStream
Technology news around the ecosystem!
From Lagos to Nairobi
We give you summaries of happenings around tech, from developer stand-ups to the boardrooms.