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Apple surpasses Microsoft as world’s most valuable company
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By Kayode Sanni-Arewa
Apple on Wednesday reclaimed its berth as the world’s biggest company when measured by stock price, taking back the top position from Microsoft
The iPhone juggernaut is on a Wall Street tear following its announcements of AI features at its annual developers conference on Monday.
Apple, which had taken its time to draw up its AI strategy, lost the top spot in January as investors rewarded Microsoft’s unabashed rollout of new generative AI products under its Copilot brand.
At 1530 GMT, Apple’s market capitalization stood at $3.33 trillion compared to Microsoft’s $3.26 trillion. Both shares are traded on the Nasdaq exchange in New York.
Apple has unveiled a new AI platform called Apple Intelligence that will be gradually added to a new version of the iOS 18 operating system.
The technology will only be available on Apple’s highest-end hardware, forcing interested customers to pay premium prices to enjoy the AI.
Analysts, while lukewarm at first, have grown to believe that the iPhone’s new powers will motivate the company’s 1.5 billion strong user base to update their phones in order to take advantage of the AI powers.
“The delayed positive reaction from the Street on the Apple Intelligence news was investors starting to fully digest that the AI revolution will come through the consumer with an Apple device over the coming year,” said Wedbush Securities senior analyst Daniel Ives.
AFP
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Osun Decides: We’re monitoring INEC boss from all sides— Peterside
President of the ANAP Foundation and founder of Stanbic IBTC Bank, Atedo Peterside, has said that Nigerians are monitoring Chairman of the Independent National Electoral Commission (INEC), Professor Joash Amupitan, as he oversees the Osun State governorship election.
Peterside made this revelation on Saturday while appearing on an Arise TV programme focused on the Osun governorship election, stressing that the conduct of the poll would be closely watched by Nigerians.
He said the outcome of the election would provide an important indication of INEC’s level of preparedness ahead of the 2027 general elections.
According to him, the Osun election would serve as a “link pin” to the 2027 elections, but Nigerians should not assume that a successful poll in Osun would automatically guarantee a successful general election in 2027.
“Osun will serve as a link pin to the 2027 election, and Nigerians should not go with the notion that because Osun was successful, then automatically the 2027 general election will be successful,” he said.
Peterside also warned against deliberate delays in the electoral process, particularly in areas considered to be strongholds of a particular candidate.
He said any deliberate attempt to delay voting or the transmission of results in such areas could raise serious questions about the integrity of the electoral process.
“In a situation where an election is deliberately delayed because it is a weak area for a particular candidate, clearly, it is a form of rigging,” he said.
He added that claims of technical glitches or other problems during the process should be carefully scrutinised, noting that such incidents could undermine public confidence in the election.
Peterside further expressed the expectation that, barring any unforeseen circumstances, election results should be uploaded promptly after voting and collation.
“All things being equal, by 5pm or 6pm, we expect that all the results must have been uploaded, as we experienced in 2023,” he said.
News
Police Bust Human Parts Syndicate in Oyo, Nab 10, Recover Heart, Skull
The Oyo State Police Command has nabbed 10 suspected members of a human parts trafficking syndicate and recovered suspected human remains, including a heart and pieces of a skull, during an intelligence-led operation in the state.
The suspects were arrested at their various hideouts in Iseyin and Saki areas of Oyo State following months of intelligence gathering, discreet surveillance and monitoring by operatives of the Command’s Monitoring Unit.
The suspects were identified as Adam Ibrahim, 42; Nasiru Kabiru, 22; Tijani Wasiu, 54; Abiola Nasiru, 45; Amusa Gbadamosi, 57; Raheem Taofeek, 46; Jimoh Muritala, 35; Suleiman Busari, 47; Ganiyu Nurudeen, 36; and Usman Abdullahi, 52.
According to the police, searches conducted at the suspects’ hideouts led to the recovery of several suspected human parts, including one suspected human heart, human flesh, pieces of human skull and assorted charms.
The Command said the recovered items had been secured as exhibits and would undergo forensic examination as investigations continue.
The suspects reportedly confessed during interrogation to varying degrees of involvement in the alleged trade in human parts for ritual purposes. The police said they were also assisting investigators in tracing the source of the recovered items, as well as establishing how they were procured and their intended use.
The Command added that efforts were ongoing to identify and apprehend other members of the alleged syndicate.
The Commissioner of Police in Oyo State, CP Abimbola Ayodeji Olugbenga, commended the operatives for the successful intelligence-led operation and their painstaking efforts in tracking down the suspects.poli
He assured residents that the Command would continue to intensify its efforts to combat criminal activities and protect lives and property across the state.
News
Osun decides: Ahead today’s poll, police dogs deployed to combat thugs
Ahead of today’s guber poll, the Police has deployed some of its security dogs to Osun state to ensure seurity is not breeched during and after the election.
The police dogs have been prepared to assist security personnel in detecting and confronting potential threats from violent criminals.
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