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Summary of the news

• Uber drivers say that Moove has been impounding their cars

• The websites of the Senegalese government were hacked by Bangladeshi hackers

• Nvidia Corp.’s market valuation crossed the $1 trillion threshold
• Kenya's President said he will remove visa requirements for African nationals

Ecosystem

• ARM Labs Lagos Techstars Accelerator Program has started accepting startups for 2023 with a focus on FinTech, Mobility, E-commerce and TalentTech. (Technext)
• Uber drivers say that its mobility partner, Moove has been impounding their cars for nonpayment of loans after they said they don’t earn enough from the ride-hailing app to be able to pay the installments. (Rest of World)

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Government

• Kenya's President William Ruto has announced plans to remove visa requirements for African nationals travelling to the country for business, a move that could remove barriers to intra-Africa trade and accelerate expansion for many pan-African startups. (Business Daily Africa)
• The Rwandan government has introduced the Innovative Digital Platform (INNODIP), a platform that provides information on internships and recommends courses with the hope of reducing unemployment to launch in December. (Technext)
• Nigeria's National Association of Microfinance Banks (NAMB) has begun a review of the recapitalisation status of all Microfinance Banks that are its members. (Nairametrics)
• Websites of the Senegalese government were hacked by a Bangladeshi hacker group called the Mysterious Team, causing them to go offline last weekend. The presidency’s website, alongside that of the finance ministry, and the country’s government-backed network ADIE was affected. (Technext)

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Social Tech

• A lawyer cited a case that ChatGPT made up entirely in court, an incident that raised more questions about the dangers of hallucinations by these AIs. (Technext)
• Apple Music Classical is now available on the Google Play Store, bringing the tech giant’s app for classical music to Android users with an Apple Music or Apple One subscription. (TechCrunch)
• Research by ESET, a cybersecurity firm says that iRecorder — Screen Recorder was spying on its users, including by stealing microphone recordings and other documents from the user’s phone. (TechCrunch)

Global News

• Theranos CEO Elizabeth Holmes reported to prison Tuesday to begin her more than 11-year sentence for defrauding investors about the capabilities of her company’s blood-testing technology. (CNBC)
• A new report alleged that top executives including the CEO of MoonPay Ivan Soto-Wright, cashed out before the crypto began to fall despite still getting recommended by celebrities. (The Information)
• Nvidia Corp.’s market valuation crossed the $1 trillion threshold on Tuesday after its artificial intelligence prospects vaulted the chipmaker into an elite club of just five American companies. (Bloomberg)

Latest in funding

• Nvidia Touches $1 Trillion Mark After Beating Rivals to AI
• HackCapital launches investment platform competitor to Odin, Vauban

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• Why an Octopus-like Creature Has Come to Symbolize the State of A.I.
• Awabah’s Tunji Andrews offers insurance, pension, financial leverage to Nigeria’s informal workers
• The Race to Make A.I. Smaller (and Smarter)
• A Chip Empire 40 Years in the Making
• Don’t Count the Metaverse Out
• Nvidia’s Rise to AI Powerhouse Explained in Three Charts