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Social Networking Summit for Journalists Moves to FCT

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A cross session of journalists at Social Networking Summit under the aegis of the Clinic and his other online group, EverythingJournalism, and sponsored by United Bank for Africa (UBA) Group
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First, a testimonial: “I have received tweets from folk who have newly joined Twitter or those who had accounts but never tweeted. A particular person who was guided by his 14-year-old daughter on how to join Twitter as well as tweet, used his TL yesterday to post an exclusive on the capital market. We spoke thereafter and I told him he should do more of that. Sooner or later, he will be the one to follow for capital market tidbits. If you can touch my heart, you would be shocked by the electricity it radiates. True.”

That’s Mr Taiwo Obe, a Commonwealth Professional Fellow and founder/director, The Journalism Clinic, talking about the impact of the Summit on Functional Social Networking for Nigerian Journalists he convened in February, under the aegis of the Clinic and his other online group, EverythingJournalism, and sponsored by United Bank for Africa (UBA) Group.

Journalists in Abuja should get ready for their own summit.

According to Obe, the United Bank of Africa Group, in keeping with the promise of Mr Phillips Oduoza, the group managing director and chief executive officer, is sponsoring what has been tagged “The Capital Edition” holding on 25 June at Chams City in Abuja.

The format is changing from panel discussions to presentations by some of the panelists in the Lagos edition – Shina Badaru, founder/publisher, Technology Times, Pelu Awofeso, travel writer and author; Dapo Olorunyomi, MD/E-in-C Premium Times; Lekan Otufodunrin, managing editor, Online, The Nation; Dr Anderson Uvie-Emegbo, leading African digital media specialist and Dr Adeyinka Adedeji, divisional head, e-banking of UBA plc.

Others are Ms Yemi Adamolekun, executive director, EnoughIsEnough; Lara Wise, anchor AIT; Abdulwasiu Hassan, deputy online editor, Media Trust; Ms Rosemary Ajayi, Technical Assistant (Strategic Communications) to Dr. Kayode Fayemi, Governor of Ekiti State. Social Media Strategist and Content Producer; Emeka Azuka Okoye, software developer and CEO Vikanti Limited; Azubuike Ishiekwene, GMD Leadership  and Olusegun Adeniyi, chairman, Editorial Board, THISDAY.

Going by Mr Oduoza’s promise the likelihood is that the summit will move to another region after The Capital Edition.


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Temu Joins INTA to Combat Counterfeits and Elevate IP Standards Worldwide

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Temu, the global online marketplace, has joined the International Trademark Association (INTA) as a corporate member and serves on its Anti-Counterfeiting Committee.

INTA is a global association that brings together more than 6,700 organizations, representing over 37,000 trademark professionals and brand owners across 181 countries. By joining INTA, Temu deepens its commitment to building a trusted online marketplace and advancing global IP protection through broader, cross-industry collaboration.

“INTA welcomes TEMU’s willingness to engage in anticounterfeiting initiatives, including in the Association’s annual Anticounterfeiting Workshop and Online Takedown Certificate Program which serve to share best practices and connect stakeholders,” said Alastair Gray, Director of Anti-Counterfeiting, INTA. “Constructive collaboration with these efforts can contribute to the protection of intellectual property rights for INTA members and support the removal of counterfeit products from the platform which ultimately protects consumers.”

At the 2025 INTA Annual Meeting held in San Diego in May, Temu participated in the Anti-Counterfeiting Committee Roundtable, serving as a moderator to facilitate discussions among brand owners, online platforms, and government officials on emerging technologies, best practices for collaboration, and strategies to strengthen global anti-counterfeiting efforts.

“Joining INTA and serving on its Anti-Counterfeiting Committee reflects Temu’s ongoing commitment to ensuring a trustworthy online shopping experience,” said a Temu spokesperson. “We value collaboration with industry peers and stakeholders and are dedicated to advancing collective efforts in intellectual property protection.”

Temu also participates in INTA-led online workshops, including the Online Platform Notice and Takedown Certification Program, which outlines the latest procedures and best practices used by e-commerce platforms and social media companies. These workshops aim to enhance the quality and accuracy of rights-holder notices, promoting more effective takedown processes and content moderation.

Since launching in 2022, Temu has made significant investments in IP enforcement. Its measures include comprehensive seller vetting and compliance training, 24/7 algorithmic monitoring with manual review, a dedicated IP protection portal and brand registry to streamline takedown submissions, and an internal enforcement team that handles claims with speed and accuracy.


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Huawei Unveils AI Computing System to Challenge Nvidia’s Flagship Product

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China’s Huawei Technologies unveiled an AI computing system on Saturday that an industry expert said rivals Nvidia’s most advanced product, as the company aims to expand its footprint in the country’s booming AI sector.

Huawei Unveils AI Computing System to Challenge Nvidia’s Flagship Product

The CloudMatrix 384 system made its public debut at the World Artificial Intelligence Conference (WAIC), a three-day event in Shanghai, attracting a large crowd to Huawei’s booth with its showcase of cutting-edge AI innovations.

The system has attracted significant interest from the global AI community since Huawei (HWT.UL) first introduced it in April. Industry analysts see it as a direct challenger to Nvidia’s GB200 NVL72, the most advanced system-level offering currently available from the U.S. chipmaker.

In an April article, Dylan Patel, founder of semiconductor research firm SemiAnalysis, stated that Huawei now possesses AI system capabilities that could surpass those of Nvidia.

Huawei staff at its WAIC booth declined to comment when asked to introduce the CloudMatrix 384 system.

A spokesperson for Huawei did not respond to questions.

Huawei has become widely regarded as China’s most promising domestic supplier of chips essential for AI development, even though the company faces U.S. export restrictions.

Nvidia CEO, Jensen Huang told Bloomberg in May that Huawei had been “moving quite fast” and named the CloudMatrix as an example.

The CloudMatrix 384 system features 384 of Huawei’s latest 910C chips and, according to SemiAnalysis, surpasses Nvidia’s GB200 NVL72 in certain performance metrics, despite the latter using 72 B200 chips.

SemiAnalysis attributes this performance advantage to Huawei’s strong system design, which offsets the lower power of individual chips by leveraging a greater number of them and incorporating system-level innovations.

Huawei describes the system as utilizing a “supernode” architecture that enables ultra-high-speed interconnectivity between chips.

In June, Zhang Pingan, CEO, Huawei Cloud confirmed that the CloudMatrix 384 was already operational on Huawei’s cloud platform.


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Transcorp Hotels Delivers Stellar H1 Results, Declares Over ₦1Bn Dividend

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Transcorp Hotels Plc has delivered a stellar performance in the first half of 2025, recording a 60% year-on-year surge in revenue to ₦47.57 billion, up from ₦29.72 billion in H1 2024. Gross profit climbed 71% to ₦36.21 billion, maintaining a strong 76% margin despite inflation and operational headwinds.

The hospitality giant, a subsidiary of Transnational Corporation Plc, also announced an interim dividend payout of ₦1.024 billion — offering ₦0.10 per 50 kobo ordinary share to shareholders.

In a bold move, the company unveiled Nigeria’s largest corporate venue — the 5,000-seat Transcorp Centre — staking its claim as the new leader in event hospitality. Chairman Emmanuel Nnorom described the results as proof of Transcorp Hotels’ transformative strategies and unwavering investor commitment. MD/CEO Uzo Oshogwe attributed the success to relentless execution and a resilient business model.

Transcorp Hotels, renowned for iconic assets like Transcorp Hilton Abuja and its digital platform Aura, says it isn’t just leading Nigeria’s hospitality sector — it’s redefining excellence across Africa.


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