Meet Zubair Habib Timilehin, the founder and CEO of Bitoshi. Under his leadership, Bitoshi has grown to serve nearly 100,000 users, enabling individuals and businesses to transact in Africa's digital economy.

Alphabet added nearly 12,000 employees over the past year, bucking a broader trend of workforce reductions across the technology sector as the Google parent ramps up investment in artificial intelligence and expands the infrastructure needed to support its next phase of growth. The company disclosed in its second-quarter earnings report that its global workforce increased […] The post Alphabet Expands Workforce by Nearly 12,000 As AI Investment Accelerates Despite Industry-Wide Layoffs appeared first on Tekedia.

The U.S. Senate faces a pivotal 15-day window to decide the fate of the Crypto Clarity Act before lawmakers depart for their summer recess. The legislation has become one of the most closely watched crypto policy proposals in Washington because it seeks to establish long-awaited regulatory rules for digital assets while also introducing tougher ethics […] The post U.S. Senate Races to Pass Crypto Clarity Act Before Summer Recess, As SEC Warns on DeFi Rules appeared first on Tekedia.

OpenAI has disclosed that one of its advanced artificial intelligence agents escaped a controlled testing environment and autonomously hacked AI development platform Hugging Face, marking what the company described as an unprecedented cyber incident and intensifying concerns over the growing security risks posed by increasingly capable AI systems. The ChatGPT maker said the incident occurred […] The post OpenAI Reveals How AI Agent Escaped Test Environment, Hacked Hugging Face in Industry First appeared first on Tekedia.

European Union regulators have fined Google €890 million ($1 billion) for violating the bloc’s landmark Digital Markets Act (DMA), accusing the U.S. technology giant of unfairly favoring its own services in search results and restricting app developers from directing users to alternative payment channels. The penalty, announced by the European Commission on Thursday, marks Google’s […] The post EU Hits Google With $1bn DMA Fine, Orders Major Changes to Search and Play Store Practices appeared first on Tekedia.

Intel and Advanced Micro Devices (AMD) are negotiating longer-term purchase commitments with Chinese server manufacturers and data center operators as demand for server processors outpaces supply, highlighting how the artificial intelligence boom is extending beyond AI chips to reshape the broader semiconductor market. According to two sources cited by Reuters, the U.S. chipmakers are seeking […] The post Intel, AMD Seek Longer-Term Supply Deals With Chinese Customers As AI Boom Drives Server CPU Shortages appeared first on Tekedia.

BitMEX, a crypto derivatives exchange platform, has announced that it will permanently shut down operations, bringing an end to more than a decade of operations in the digital asset industry. The exchange, owned and operated by HDR Global Trading Limited, disclosed via a post that trading services will officially cease on September 23, 2026, following […] The post BitMEX to Shut Down Exchange Operations, Ends 11-Year Run as Crypto Derivatives Pioneer appeared first on Tekedia.

Ford Motor and China’s Geely have agreed to establish a joint venture to manufacture electric vehicles at Ford’s assembly plant in Valencia, Spain, deepening a long-standing partnership at a time when geopolitical tensions are increasingly reshaping the global automotive industry. The agreement, announced on Thursday, will see Geely manufacture electric vehicles at Ford’s Spanish facility […] The post Ford, Geely Form European EV Venture Amid U.S.’ Move to Restrict Chinese Autos appeared first on Tekedia.

Alphabet Chief Executive Sundar Pichai mounted a forceful defense of Google’s artificial intelligence strategy on Wednesday, seeking to reassure investors that the company remains at the forefront of AI innovation even as delays to its flagship Gemini model have intensified concerns that rivals are gaining ground. During Alphabet’s second-quarter earnings call, Pichai acknowledged areas where […] The post Google’s Pichai Defends AI Strategy As Gemini Delays Fuel Concerns Over Competitive Edge appeared first on Tekedia.

From the escalating confrontation between the United States and Iran to Israel’s approaching national election and the political shockwaves triggered by the dismissal of a key Ukrainian defence minister. Recent developments demonstrate that modern conflicts are shaped as much by political leadership and public opinion as by military power. Across these three theatres, governments are […] The post Israel’s Election, the US-Iran Conflict, and Ukraine’s Defence Shake-Up appeared first on Tekedia.

Amazon and Microsoft are rolling out new strategies to revive their cloud gaming ambitions, betting that lower costs, greater visibility and broader accessibility can help bring game streaming into the mainstream after years of struggling to compete with traditional consoles. The announcements, made on Thursday, highlight how two of the world’s largest cloud computing providers […] The post Amazon, Microsoft Revamp Cloud Gaming Strategies as They Chase Casual Players and New Revenue Growth appeared first on Tekedia.

Good People, join me to congratulate a Tekedia Capital portfolio company, Corgi, for hitting $4 billion valuation, just weeks it crossed $2 billion mark: “Corgi, the AI insurance startup that works seven days a week and operates an all-night cafe in San Francisco, has raised money from investors yet again — for the third time […] The post Corgi Hits A Valuation of $4B Just Weeks It Crossed $2B appeared first on Tekedia.

Indian billionaire Gautam Adani’s conglomerate is exploring the launch of a new airline, a move that could reshape India’s aviation industry by challenging the dominance of IndiGo and Air India, according to two sources cited by Reuters. The proposal marks a significant shift for the Adani Group, which has rapidly expanded its presence in aviation […] The post Adani Weighs Airline Launch As India Seeks Stronger Competition to Indigo And Air India appeared first on Tekedia.

Tesla Chief Executive Elon Musk said the electric vehicle maker should accelerate spending on artificial intelligence and manufacturing infrastructure even if it results in some inefficiencies, arguing that moving quickly is more important than maximizing capital efficiency in the race to build next-generation AI and robotics technologies. Speaking during Tesla’s second-quarter earnings call on Thursday, […] The post Tesla CEO Musk Urges Faster AI Investment As Company Targets More Than $25bn In Capital Spending appeared first on Tekedia.

The story of Chegg began in 2006 when they found a loophole in the study pattern of students and profitable business to exploit. Chegg began providing students with answers to their assignment problems and also questions and answers to known exam and quiz solutions. This began raking in millions of dollars for the small company, […] The post Chegg officially wiped out by AI appeared first on Tekedia.

Shares of Alphabet and Tesla fell in premarket trading on Thursday after both companies signaled a fresh acceleration in artificial intelligence-related spending, bolstering investor concerns that the race to dominate AI will require years of elevated capital investment before generating commensurate financial returns. Alphabet shares fell about 4% before the opening bell. In comparison, Tesla […] The post Alphabet, Tesla Shares Slide As Soaring AI Spending Overshadows Earnings Gains appeared first on Tekedia.

The U.S. dollar remained resilient on Thursday, hovering near multi-month highs against major currencies as escalating conflict in the Middle East drove oil prices higher, boosted U.S. Treasury yields and prompted investors to scale back expectations for Federal Reserve interest rate cuts. The greenback edged slightly lower against the euro ahead of the European Central […] The post Dollar Holds Firm, Yen Slides to 40-Year Low as Middle East War Fuels Oil Rally and Rate Expectations appeared first on Tekedia.

Coinbase CEO Brian Armstrong has hailed the cryptocurrency exchange’s legal battle against U.S. regulators as a landmark victory, claiming it uncovered what he described as a coordinated government campaign to restrict the crypto industry’s access to banking services. According to Armstrong, documents obtained through the lawsuits revealed behind-the-scenes efforts by federal agencies to pressure banks […] The post Coinbase CEO Brian Armstrong Claims Legal Battle Exposed Coordinated Anti-Crypto Debanking Campaign appeared first on Tekedia.

LemFi, a Nigerian financial service app that helps users send, receive, and manage money across countries, has partnered with BVNK to move cross-border settlements onto regulated stablecoin rails. The collaboration is designed to improve the speed and efficiency of international remittances for more than two million LemFi customers across the United Kingdom, Europe, Australia, and […] The post LemFi Partners With BVNK to Power Cross-Border Payments With Stablecoin Settlement appeared first on Tekedia.

South Africa’s mining industry is operating at a critical moment. As mines operate at greater depths, ageing infrastructure, skills shortages and growing pressure to improve safety, sustainability and productivity are forcing companies to rethink how they operate. In this environment, the Fourth Industrial Revolution (4IR), and particularly artificial intelligence (AI), are no longer distant ambitions. […]

There is a sentence I hear weekly from founders between seed and Series A: “We had a great quarter. Then it just stopped. I have no idea why it worked.”  That is not bad luck. That is a streak ending. A streak is when something worked once and nobody can tell you why. A system […] The post The Equation That Makes Your Startup’s Growth Compound appeared first on Tekedia.

Pokémon GO remains one of the world’s most popular location-based mobile games, encouraging players to explore their surroundings to catch Pokémon, participate in raids, and complete special events. However, not everyone has the time or ability to travel to different locations. That’s why many trainers turn to Pokémon GO spoofing, a method that allows them […]

Ethiopia’s national telecommunications operator Ethio telecom reported a sharp increase in annual earnings on Thursday as mobile data and internet services overtook traditional voice calls as its largest source of revenue, marking a historic shift in the company’s business model and highlighting the country’s accelerating digital adoption. Presenting Ethio telecom’s 2025/26 annual business performance report […]

Before Kylie Jenner even finished showing off her new Meta smart glasses, the internet had already split into two camps. To some, the glasses represent the next leap in wearable technology, blending artificial intelligence, cameras, and voice assistance into an accessory that looks increasingly like ordinary eyewear. To others, they symbolize a future where privacy […] The post Kylie Jenner Debuts Meta Smart Glasses Amid Growing Privacy Concerns appeared first on Tekedia.

The world’s largest financial institutions are making increasingly bold calls on precious metals, signaling that gold and silver may be entering a new era of strategic importance. Forecasts that once appeared unrealistic are now being openly discussed by major banks amid rising geopolitical tensions, persistent fiscal deficits, monetary uncertainty, and growing concerns over the long-term […] The post Future of Safe-Haven Assets in an Uncertain Global Economy appeared first on Tekedia.

Travis Kalanick has secured $1.7 billion for his robotics and industrial automation startup Atoms, marking one of the largest funding rounds for an AI-driven robotics company this year. The move also signals renewed confidence in the former Uber chief executive’s ambitions to reshape the physical economy through software, artificial intelligence and autonomous machines. The funding […] The post Travis Kalanick’s Atoms Raises $1.7bn As Uber Rejoins Founder in Robotics And AI Bet appeared first on Tekedia.

Amazon has taken another significant step toward strengthening its space ambitions by appointing the first vice president of finance for Project Kuiper’s Leo satellite business. The company selected a veteran executive from its Alexa division, signaling that the satellite internet initiative is transitioning from an engineering-heavy phase into one focused on financial discipline, commercial expansion, […] The post Amazon’s Leo Satellite Ambitions Gain Financial Firepower with First Finance VP Appointment appeared first on Tekedia.

The Nigerian government has opened applications for a new accelerator programme offering selected technology startups access to as much as $350,000 in investment. The iDICE Startup Bridge Growth Lab is a 12-week acceleration programme under the Federal Government’s Investment in Digital and Creative Enterprises programme. It is implemented by the Bank of Industry and will […] The post Nigeria Opens $350,000 Funding Programme for Early-Stage Tech Startups appeared first on Tech In Africa.