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Nigeria’s central bank opens regulatory sandbox to virtual asset firms
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👨🏿‍🚀TechCabal Daily – Kenya’s new Internet bouncers
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Google’s Gemini Surpasses 1 Billion Monthly Users, Closing Gap With ChatGPT
Google’s Gemini artificial intelligence app has surpassed 1 billion monthly active users, marking a major milestone for the company as it accelerates the rollout of generative AI across its consumer products and narrows the gap with OpenAI’s ChatGPT. Google CEO Sundar Pichai announced the milestone on X, describing Gemini as one of the company’s fastest-growing […] The post Google’s Gemini Surpasses 1 Billion Monthly Users, Closing Gap With ChatGPT appeared first on Tekedia.
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US Credit Card Debt Hits Record $1.26tn as More Americans Struggle to Keep Up
U.S. households are taking on more credit card debt as persistent living costs put increasing pressure on family budgets, with total balances approaching a record high and a growing share of debt moving into serious delinquency. Credit card balances increased by $21 billion in the second quarter of 2026 to $1.26 trillion, up 1.7% from […] The post US Credit Card Debt Hits Record $1.26tn as More Americans Struggle to Keep Up appeared first on Tekedia.
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SEC Charges Adit Ventures Over Alleged Fraud in Pre-IPO Investments Including SpaceX, Klarna
The U.S. Securities and Exchange Commission has settled fraud charges against Adit Ventures Management, its founder and three partners over alleged misconduct involving investments in private companies including SpaceX and Klarna, adding to growing regulatory scrutiny of the rapidly expanding pre-IPO investment market. The SEC said on Monday that Adit Ventures used “false claims and […] The post SEC Charges Adit Ventures Over Alleged Fraud in Pre-IPO Investments Including SpaceX, Klarna appeared first on Tekedia.
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Vietnam’s VinSpace Signs SpaceX Deal to Launch First Satellites in 2027
Vingroup-backed aerospace company targets full-service space business as Hanoi seeks to build regional satellite and space-data capabilities Vietnamese aerospace company VinSpace said on Tuesday it has signed an agreement with SpaceX to launch its first satellites in 2027, marking a significant step in the country’s efforts to build a domestic space industry and expand its […] The post Vietnam’s VinSpace Signs SpaceX Deal to Launch First Satellites in 2027 appeared first on Tekedia.
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Indian Retail Traders Cut Derivatives Losses 18% to $9.6 Billion After SEBI Curbs
Indian retail investors lost 916.85 billion rupees ($9.61 billion) trading equity derivatives in the financial year ended March 2026, a decline of nearly 18% from the previous year, as tighter regulations reduced speculative activity in the world’s largest equity derivatives market by volume. Data presented by the Indian government in Parliament on Tuesday showed that […] The post Indian Retail Traders Cut Derivatives Losses 18% to $9.6 Billion After SEBI Curbs appeared first on Tekedia.
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Shein Targets Hong Kong IPO Next Week at Up to $40 Billion Valuation
Singapore-based fast-fashion retailer Shein is planning to launch its long-awaited initial public offering in Hong Kong as soon as Wednesday next week, Reuters reports, citing two people familiar with the matter. This is part of the online retailer’s push to revive its public-market ambitions amid slowing growth and mounting pressure on its margins. Shein has […] The post Shein Targets Hong Kong IPO Next Week at Up to $40 Billion Valuation appeared first on Tekedia.
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Indian Rupee Hits Two-Week Low as Oil Surge Tests RBI’s Currency Defense
Rupee closes at 95.435 per dollar as fading hopes for U.S.-Iran deal lift crude; RBI intervention limits losses while stocks and bonds weaken The Indian rupee fell to its weakest level in nearly two weeks on Tuesday as a sharp rise in oil prices renewed pressure on the currency, with fading hopes for a U.S.-Iran […] The post Indian Rupee Hits Two-Week Low as Oil Surge Tests RBI’s Currency Defense appeared first on Tekedia.
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Intel Raises Stock Offering to $20bn as AI Boom Fuels Chip Manufacturing Push
ntel has expanded its planned share sale to $20 billion, seeking to capitalize on a dramatic rally in its stock and raise fresh capital for the costly expansion of its chip manufacturing and foundry operations as demand for artificial intelligence computing accelerates. The company said on Tuesday it would sell common stock at $95 a […] The post Intel Raises Stock Offering to $20bn as AI Boom Fuels Chip Manufacturing Push appeared first on Tekedia.
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Why Investors Are Regaining Confidence in Berkshire Hathaway
Berkshire Hathaway’s return to levels seen before Warren Buffett’s retirement is emerging as one of the clearest early signals that investors may be growing comfortable with the conglomerate’s post-Buffett era. After years in which the company’s shares were closely associated with Buffett’s capital-allocation decisions, the recovery suggests that shareholders are increasingly evaluating Berkshire on the […] The post Why Investors Are Regaining Confidence in Berkshire Hathaway appeared first on Tekedia.
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Bitcoin ETFs Record $145 Million in Outflows as Gold Reclaims $4,400
Bitcoin and gold are moving in opposite directions as investors reassess risk, liquidity and the outlook for global markets. Bitcoin exchange-traded funds recorded approximately $145 million in daily net outflows, signaling renewed caution toward the cryptocurrency market. While gold reclaimed the $4,400 level as demand for traditional safe-haven assets strengthened. The latest Bitcoin ETF outflows […] The post Bitcoin ETFs Record $145 Million in Outflows as Gold Reclaims $4,400 appeared first on Tekedia.
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Nvidia’s $500B AI Financing Deal and Anthropic’s $9B Computing Push Signal a New Era for AI
Artificial intelligence is rapidly moving beyond the software industry and into the heart of global capital markets, energy infrastructure and computing. Two developments involving Nvidia and Anthropic highlight the enormous financial commitments now required to support the next phase of AI growth. Nvidia has announced a massive $500 billion AI financing initiative, while Anthropic has […] The post Nvidia’s $500B AI Financing Deal and Anthropic’s $9B Computing Push Signal a New Era for AI appeared first on Tekedia.
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Peter Schiff Declares Bitcoin “Anti-Gold” as Prices Diverge
Peter Schiff has reignited the long-running debate over Bitcoin’s role as a store of value, arguing that its relationship with gold is becoming increasingly difficult to ignore. As gold strengthens amid persistent demand for traditional safe-haven assets, Schiff argues that Bitcoin is moving in the opposite direction, challenging the popular narrative that it is the […] The post Peter Schiff Declares Bitcoin “Anti-Gold” as Prices Diverge appeared first on Tekedia.
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Samsung SDI to Take Full Control of GM Battery Venture as EV Demand Slows
South Korean battery maker Samsung SDI said on Tuesday it will end its joint venture with General Motors in Indiana and acquire the U.S. automaker’s 49.99% stake, as weaker-than-expected electric vehicle demand forces the partners to rethink a project that was originally designed to supply batteries for a rapidly expanding EV market. Samsung SDI said […] The post Samsung SDI to Take Full Control of GM Battery Venture as EV Demand Slows appeared first on Tekedia.
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ColeThereum’s 44K NFT Sellout and Strategy’s $100M Bitcoin Sale Signal a Shifting Crypto Market
The crypto market continues to demonstrate how quickly capital, attention and digital assets can move between emerging trends. Two developments highlight this shift: ColeThereum has reportedly sold out a 44,000-piece NFT collection on Robinhood, generating more than $1 million, while Strategy has sold approximately $100 million worth of Bitcoin. Although the transactions involve very different […] The post ColeThereum’s 44K NFT Sellout and Strategy’s $100M Bitcoin Sale Signal a Shifting Crypto Market appeared first on Tekedia.
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TRON’s Q2 2026 Shows the Strength of Stablecoin Settlement
TRON’s second quarter of 2026 marked a significant milestone for the blockchain, as the network strengthened its position as one of the world’s most important settlement layers for stablecoins. Across key indicators, TRON recorded another quarter of growth, with stablecoin supply, transaction activity, active addresses and network fees all reaching notable levels. More importantly, the […] The post TRON’s Q2 2026 Shows the Strength of Stablecoin Settlement appeared first on Tekedia.
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Recession Fears Fade as Trump Faces Renewed Security Concerns
Concerns about a potential recession in the United States have fallen to their lowest levels in months, reflecting growing confidence that the world’s largest economy can avoid a major downturn. At the same time, a separate story surrounding President Donald Trump has highlighted the increasingly complex security environment surrounding the U.S. president after reports that […] The post Recession Fears Fade as Trump Faces Renewed Security Concerns appeared first on Tekedia.
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Goldman Says Both AI Bulls and Bears Are Overestimating the Economic Impact of Big Tech’s Spending Boom
The economic impact of the artificial intelligence investment boom is being overstated by both its biggest supporters and its most skeptical critics, according to Goldman Sachs, which says that the surge in spending by Big Tech is neither contributing as much to U.S. economic growth nor crowding out as much investment elsewhere as market narratives […] The post Goldman Says Both AI Bulls and Bears Are Overestimating the Economic Impact of Big Tech’s Spending Boom appeared first on Tekedia.
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Anthropic’s Claude Watermark Raises the Stakes for AI-Generated Writing
Anthropic is moving to make AI-generated writing easier to identify, potentially giving publishers, schools, and other institutions a new way to establish whether text was produced with its Claude artificial intelligence models. The AI company said Monday that new Claude models will embed an “imperceptible watermark” directly into AI-generated text. The marking is designed to […] The post Anthropic’s Claude Watermark Raises the Stakes for AI-Generated Writing appeared first on Tekedia.
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Russia’s Economy Faces a Key Test as Q2 GDP and July Inflation Data Arrive
Russia’s economy is approaching an important test as the country prepares to release second-quarter gross domestic product (GDP) data and July inflation figures on Wednesday. The statistics will provide a clearer picture of whether economic activity is stabilizing after a weak start to the year, while also showing how higher oil prices and changing international […] The post Russia’s Economy Faces a Key Test as Q2 GDP and July Inflation Data Arrive appeared first on Tekedia.
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Why China’s Oil Demand Could Be More Important Than OPEC Production Cuts
China, the world’s largest oil importer, is increasingly challenging the traditional power structure of the global oil market. For decades, OPEC and its allies, particularly OPEC+, have been the dominant force capable of influencing crude prices by adjusting production. But China’s enormous appetite for oil has created another form of market power: the ability to […] The post Why China’s Oil Demand Could Be More Important Than OPEC Production Cuts appeared first on Tekedia.
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Yen Nears 160 Per Dollar As Intervention Impact Fades, While Aussie Holds Gains
The yen hovered near the psychologically important 160-per-dollar threshold on Tuesday as the impact of the rare U.S.-Japan currency intervention at the end of July continued to fade, reviving speculation that authorities could be forced to intervene again if the Japanese currency weakens further. The yen was last at 159.20 per dollar, after falling 0.9% […] The post Yen Nears 160 Per Dollar As Intervention Impact Fades, While Aussie Holds Gains appeared first on Tekedia.
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Jamie Dimon Warns the Dollar’s Reserve-Currency Status Depends on U.S. Power
JPMorgan Chase CEO Jamie Dimon has issued a stark warning about the future of the U.S. dollar, arguing that its position as the world’s dominant reserve currency cannot be separated from America’s broader economic and military strength. According to Dimon, if the United States loses its economic and military edge, the dollar could eventually lose […] The post Jamie Dimon Warns the Dollar’s Reserve-Currency Status Depends on U.S. Power appeared first on Tekedia.
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AI Productivity and Rising Healthcare Costs Reshape the Modern Workplace
The modern workplace is entering a period of rapid transformation as companies adopt artificial intelligence to increase productivity while simultaneously confronting rising employee benefit costs. Two recent developments illustrate the tension clearly: Meta’s chief technology officer has argued that employees should use productivity gains from AI to accomplish more work rather than simply take more […] The post AI Productivity and Rising Healthcare Costs Reshape the Modern Workplace appeared first on Tekedia.
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Folding Laundry Is Becoming a Major Test for AI-Powered Robots
For years, robotics companies have focused on tasks that appear far more impressive than folding laundry. Robots have been developed to assemble cars, move packages through warehouses, inspect infrastructure and perform highly precise operations in factories. Yet a surprising number of billion-dollar robotics startups are increasingly interested in something much more ordinary: picking up clothes […] The post Folding Laundry Is Becoming a Major Test for AI-Powered Robots appeared first on Tekedia.
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Nvidia Seeks To Turn AI Chips Into Wall Street Asset Class In $500bn Financing Push
Nvidia is moving to reshape how the artificial intelligence infrastructure boom is financed, joining forces with six of the world’s largest asset managers and investment banks to mobilize more than $500 billion in capital for data centers, computing hardware and other AI infrastructure. The chipmaker said Monday it had signed memorandums of understanding with Apollo […] The post Nvidia Seeks To Turn AI Chips Into Wall Street Asset Class In $500bn Financing Push appeared first on Tekedia.
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Aptoide Returns to Google Play After Over A Decade as Epic Case Reshapes U.S. Android App Market
Aptoide has returned to Google Play in the United States after more than a decade, becoming the first major alternative Android app store to take advantage of new rules opening Google’s mobile software ecosystem to greater competition. The Portugal-based app distributor said Monday that its games-focused marketplace is now available through Google Play, allowing U.S. […] The post Aptoide Returns to Google Play After Over A Decade as Epic Case Reshapes U.S. Android App Market appeared first on Tekedia.
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YouTube Doubles Monetization Thresholds, Making It Harder for Creators to Earn From Ads
YouTube is raising the requirements for creators to qualify for its main advertising revenue-sharing program, doubling the watch-time and Shorts-view thresholds and making it harder for smaller or less consistent creators to earn money from the platform. The changes, announced Monday, are expected to take effect on February 1 and will primarily affect creators seeking […] The post YouTube Doubles Monetization Thresholds, Making It Harder for Creators to Earn From Ads appeared first on Tekedia.
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The Eyeglass Camera Revolution: From Niche Gadget to Everyday Tool
There was a time when wearing a camera on your face immediately attracted attention. Early smart glasses looked futuristic, felt experimental, and often made people around the wearer wonder whether they were being recorded. That image is changing quickly. Camera-equipped glasses are now lighter, more stylish, and much closer to ordinary eyewear. Instead of being […] The post The Eyeglass Camera Revolution: From Niche Gadget to Everyday Tool appeared first on Tekedia.
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New Rental Contracts in Germany Become More Expensive Amid Housing Crisis
Germany’s housing market is facing renewed pressure as rents continue to rise amid a persistent shortage of available homes. Industry figures released on Monday showed that asking rents for new contracts in apartment buildings increased by 3.2% year on year in the second quarter, highlighting the growing difficulty many households face when searching for accommodation. […] The post New Rental Contracts in Germany Become More Expensive Amid Housing Crisis appeared first on Tekedia.
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OpenAI Expands Daybreak Cybersecurity Program, Unveils GPT-5.6-Cyber for Trusted Defenders
New two-tier system gives security organizations access to more capable AI models as OpenAI, Anthropic and Meta confront growing evidence that advanced AI can breach systems during testing OpenAI on Monday expanded its Daybreak cybersecurity initiative, giving participating organizations access to more advanced artificial intelligence capabilities as the company seeks to help defenders respond to […] The post OpenAI Expands Daybreak Cybersecurity Program, Unveils GPT-5.6-Cyber for Trusted Defenders appeared first on Tekedia.
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Trump Media Posts $238 Million Quarterly Loss as Digital Asset Losses Swell
Truth Social operator reports $1.7 million in revenue while operating expenses jump 275%; company says more than 10 customers have signed up for Truth API Trump Media & Technology Group reported a net loss of more than $238 million for the second quarter, a sharp deterioration from the nearly $20 million loss recorded a year […] The post Trump Media Posts $238 Million Quarterly Loss as Digital Asset Losses Swell appeared first on Tekedia.
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Lufthansa Upgrades In-Flight Connectivity for the Digital Traveler
The Lufthansa Group is preparing to make air travel more connected, allowing passengers to surf the internet and stream content using their own devices while onboard. The German airline group’s announcement reflects a broader transformation taking place across the aviation industry, where reliable connectivity is increasingly becoming an expected part of the passenger experience rather […] The post Lufthansa Upgrades In-Flight Connectivity for the Digital Traveler appeared first on Tekedia.
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Meta Launches On-Device Models, Glimmer, Its Most Powerful AI Model on Open-Weight, to Challenge OpenAI and Anthropic
Meta is stepping up its push into open-weight artificial intelligence, with CEO Mark Zuckerberg announcing plans to release the company’s most powerful models publicly and introduce a new generation designed to run directly on consumer devices. The strategy marks the boldest effort yet by Meta to differentiate itself from rivals such as OpenAI and Anthropic, […] The post Meta Launches On-Device Models, Glimmer, Its Most Powerful AI Model on Open-Weight, to Challenge OpenAI and Anthropic appeared first on Tekedia.
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AI Boom’s Profits Are Currently Coming From Investors Rather Than Customers, Economist Says It Doesn’t Make Sense
The debate over whether artificial intelligence is in a bubble may be asking the wrong question. A more consequential issue is emerging within the AI economy itself: the companies generating the highest profits from the boom are largely selling the infrastructure needed to build AI, while the companies developing the models and applications that are […] The post AI Boom’s Profits Are Currently Coming From Investors Rather Than Customers, Economist Says It Doesn’t Make Sense appeared first on Tekedia.
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