Business
Twitter Restricts Number Of Posts Users Can Read In AI Tussle
Elon Musk announced Saturday that Twitter would temporarily restrict how many tweets users could read per day, in a move meant to tamp down on the use of the site’s data by artificial intelligence companies.
The platform is limiting verified accounts to reading 6,000 tweets a day. Non-verified users — the free accounts that make up the majority of users — are limited to reading 600 tweets per day.
New unverified accounts would be limited to 300 tweets.
The decision was made “to address extreme levels of data scraping” and “system manipulation” by third-party platforms, Musk said in a tweet Saturday afternoon, as some users quickly hit their limits.
“Goodbye Twitter” was a trending topic in the United States following Musk’s announcement.
Twitter would “soon” raise the ceiling to 8,000 tweets per day for verified accounts, 800 for unverified accounts and 400 for new unverified accounts, Musk said.
Twitter’s billionaire owner did not give a timeline for how long the measures would be in place.
The day before, Musk had announced that it would no longer be possible to read tweets on the site without an account.
Much of the data scraping was coming from firms using it to build their AI models, Musk said, to the point that it was causing traffic issues with the site.
In creating AI that can respond in a human-like capacity, many companies feed them examples of real-life conversations from social media sites.
“Several hundred organizations (maybe more) were scraping Twitter data extremely aggressively, to the point where it was affecting the real user experience,” Musk said.
“Almost every company doing AI, from startups to some of the biggest corporations on Earth, was scraping vast amounts of data,” he said.
“It is rather galling to have to bring large numbers of servers online on an emergency basis just to facilitate some AI startup’s outrageous valuation.”
Twitter is not the only social media giant to have to wrangle with the rapid acceleration of the AI sector.
In mid-June, Reddit raised prices on third-party developers that were using its data and sweeping up conversations posted on its forums.
It proved a controversial move, as many regular users also accessed the site via third-party platforms, and marked a shift from previous arrangements where social media data had generally been provided for free or a small charge.
AFP
Business
Nigerian Lawmakers Demand Arrest of World Bank Official Calling for Reinstatement of Petroleum Import Licences
Declaring the unnamed World Bank official persona non grata, the Committee gave the Bank 30 days to issue a public retraction and written apology.
The House of Representatives Committee on Petroleum Resources (Downstream) has call for the dismissal and arrest of the World Bank official responsible for the April 7, 2026 Nigeria Development Update, which recommended the reinstatement of petroleum import licences.
The Committee described the recommendation as a reckless move capable of undermining Nigeria’s indigenous refining capacity.
In a formal resolution, the Committee condemned the World Bank report, which claimed that imported petroleum products are 12 percent cheaper than those from the Dangote Refinery.
It rejected the position as contrary to Nigeria’s national economic interest and an unacceptable interference in the country’s sovereign petroleum policy.
Declaring the unnamed World Bank official persona non grata, the Committee gave the Bank 30 days to issue a public retraction and written apology.
It further demanded that the staff member responsible for the report be relieved of their duties and subjected to investigation.
Business
Senate approves Tinubu’s $516.3m loan
The syndicated financing facility is being sought from Deutsche Bank, according to a letter of request Tinubu sent to the Senate last Thursday.
The Senate has approved the $516.3 million loan requested by President Bola Ahmed Tinubu.
The money will be used for the construction of the Sokoto-Badagry Superhighway (Section One, Phase 1A and B).
The approval was given on Wednesday after the Senate considered the report of its Committee on Local and Foreign Debts.
The committee, chaired by Senator Magatagarda Wamakko, recommended the approval of the loan.
The syndicated financing facility is being sought from Deutsche Bank, according to a letter of request Tinubu sent to the Senate last Thursday.
Business
Ibukun Awosika resigns from Cadbury board
The resignation takes effect from May 1, 2026, according to a statement signed by the company secretary, Afolasade Olowe.
Ibukun Awosika has resigned from the board of Cadbury Nigeria Plc, after more than 16 years of service.
The resignation takes effect from May 1, 2026, according to a statement signed by the company secretary, Afolasade Olowe.
The board expressed appreciation for her contributions since joining as a Non-Executive Director in October 2009 and noted that a replacement would be announced in due course.
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