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AI Rout May Have Mispriced Software Giants as OpenAI COO Backs Legacy Tech Comeback
The brutal sell-off that has rattled software stocks this year may have overlooked a crucial reality: the industry’s old guard is not being outpaced by artificial intelligence, but is rapidly repositioning to profit from it. That was the core message from OpenAI Chief Operating Officer Brad Lightcap, who has offered a forceful rebuttal to the […] The post AI Rout May Have Mispriced Software Giants as OpenAI COO Backs Legacy Tech Comeback appeared first on Tekedia.
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S&P 500 Surges 2.9% Adding Roughly $1.7 Trillion Market Capitalization
The S&P 500 surged 2.9% up, about 184–185 points, to close at 6,528.52. This was its strongest single-day gain since May 2025 and added roughly $1.7 trillion in market capitalization. The Dow Jones Industrial Average jumped over 1,100–1,125 points ~2.5%. The Nasdaq Composite climbed even harder, up ~3.8% nearly 796 points to 21,590.63. The rally […] The post S&P 500 Surges 2.9% Adding Roughly $1.7 Trillion Market Capitalization appeared first on Tekedia.
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Gasoline Prices in the US Cross $4, First Since August 2022
The national average price for a gallon of regular unleaded gasoline in the US crossed $4 for the first time since August 2022. AAA reports the national average sitting around $4.06–$4.08, with some daily figures cited at $4.02 when it first breached the threshold on or around March 31. The sharp rise—more than $1 per […] The post Gasoline Prices in the US Cross $4, First Since August 2022 appeared first on Tekedia.
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Implications of OpenAI’s Recent Funding Round of $122B at $852B Valuation 
OpenAI reported that it closed a massive funding round, raising $122 billion in committed capital at a post-money valuation of $852 billion. This is reportedly the largest private funding round in tech and Silicon Valley history. It builds on a previously announced ~$110 billion tranche, with the final figure boosted by additional commitments. The round […] The post Implications of OpenAI’s Recent Funding Round of $122B at $852B Valuation  appeared first on Tekedia.
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Iranian Strikes Damage Amazon Web Services Cloud Infrastructure in Bahrain 
An Iranian strike damaged Amazon Web Services (AWS) cloud computing infrastructure in Bahrain. According to multiple sources, the strike affected AWS operations in Bahrain, with Bahrain’s Interior Ministry reporting a fire at a company facility due to Iranian aggression. Civil defense teams responded to extinguish the blaze. The attack appears linked to facilities hosted or […] The post Iranian Strikes Damage Amazon Web Services Cloud Infrastructure in Bahrain  appeared first on Tekedia.
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President Masoud Pezeshkian States That Iran Will End the War Only with Firm Guarantees for Iranian Security and National Interests 
Iranian President Masoud Pezeshkian has stated that Iran has the necessary will to end the ongoing war with the United States and Israel but only with firm guarantees for Iran’s security and national interests. This came in a phone call on March 31, 2026, with EU Council President António Costa, where Pezeshkian emphasized that any […] The post President Masoud Pezeshkian States That Iran Will End the War Only with Firm Guarantees for Iranian Security and National Interests  appeared first on Tekedia.
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Rebalancing the Smiling Curve: How African Startups Are Moving from Edge to Core
As Flutterwave introduces a banking product, it signals a broader shift in African fintech: companies are moving from the edges of the smiling curve, where many have historically operated, back toward the center of the system. This transition is necessary because the edges, once rich with asymmetric value, are becoming increasingly crowded, with margins tightening […] The post Rebalancing the Smiling Curve: How African Startups Are Moving from Edge to Core appeared first on Tekedia.
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US-Listed ETF Trading Volume Hits a New All-Time in March 2026
US-listed ETF trading volume hit a new all-time high in March 2026, with reports indicating approximately $7.8 trillion in total notional volume for the month—the highest monthly figure on record. This surpasses previous peaks, including the elevated activity seen during the March 2020 pandemic volatility period. ETF trading now represents a significant portion of overall […] The post US-Listed ETF Trading Volume Hits a New All-Time in March 2026 appeared first on Tekedia.
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Franklin Templeton Agrees to Acquire 250 Digital for An Undisclosed Price 
Franklin Templeton has agreed to acquire 250 Digital, a cryptocurrency investment management firm that recently spun out from the venture capital firm CoinFund. The deal includes 250 Digital’s investment team and all its liquid cryptocurrency strategies previously managed under CoinFund. Following the acquisition, Franklin Templeton will launch a new dedicated unit called Franklin Crypto. Christopher […] The post Franklin Templeton Agrees to Acquire 250 Digital for An Undisclosed Price  appeared first on Tekedia.
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SWIFT Completes the Design Phase of its Blockchain Shared Ledger with International Banks 
SWIFT, the global financial messaging network connecting over 11,000 institutions across more than 200 countries, confirmed it has completed the design phase of its blockchain-based shared ledger in collaboration with a group of international banks. The project has now moved into active development of the first Minimum Viable Product (MVP). The shared ledger creates a […] The post SWIFT Completes the Design Phase of its Blockchain Shared Ledger with International Banks  appeared first on Tekedia.
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Hyperliquid Unveils MVP Version of its Android Mobile App
Hyperliquid, a leading decentralized perpetuals exchange on its own L1 just launched the beta/MVP version of its official Android mobile app on the Google Play Store. It’s a limited initial release focused on trade execution notifications, serving as a step up from their previous Progressive Web App (PWA). The team is capping downloads during this testing […] The post Hyperliquid Unveils MVP Version of its Android Mobile App appeared first on Tekedia.
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According to Reports on Dune Analytics, Average Hold Time on Solana Memecoins Cratered to 58 Secs in 2026
According to reports citing Dune Analytics data shared widely by analysts like Eric Cryptoman and outlets such as Cointelegraph, the average hold time for memecoins on Solana has cratered to just 58 seconds in 2026. For context: It was around 100 seconds in 2025. A full day (24 hours) back in 2024. This isn’t just […] The post According to Reports on Dune Analytics, Average Hold Time on Solana Memecoins Cratered to 58 Secs in 2026 appeared first on Tekedia.
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Canada Introduces the Free Elections Act Aimed at Placing Restrictions and Guidelines on Crypto Political Donations 
Canada has introduced Bill C-25, the Strong and Free Elections Act, which would ban cryptocurrency donations to federal political parties, candidates, leadership contestants, nomination contestants, and third-party advertisers. The bill was tabled in the House of Commons on March 26, 2026 first reading stage as of late March. It amends the Canada Elections Act to […] The post Canada Introduces the Free Elections Act Aimed at Placing Restrictions and Guidelines on Crypto Political Donations  appeared first on Tekedia.
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Japan’s Nikkei Opens Sharply Lower, Citing Escalating Global Energy Crisis As Primary Driver 
Japan’s Nikkei 225 opened sharply lower, falling as much as ~5% hitting intraday lows around 50,567 amid a broader sell-off in Asian equities, before paring some losses to close down about 2.8% at 51,886 on Monday and then sliding further to close at 51,064 on Tuesday down 1.58%. The primary driver is an escalating energy […] The post Japan’s Nikkei Opens Sharply Lower, Citing Escalating Global Energy Crisis As Primary Driver  appeared first on Tekedia.
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How to file tax on the LIRS eTax portal: A step-by-step guide for Lagos residents
Table of contents Why was the deadline moved to April 14? What counts as “income” under the Nigeria Tax Act 2025? Who needs to file taxes in Lagos? What you need before you start filing on the LIRS eTax portal How to file taxes on the LIRS eTax portal: Step by step Penalties for not […]
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Novastar Ventures closes $147 million fund for African startups
Novastar Ventures has reached the final close of its third fund, raising $147 million to invest in climate-focused and impact-driven startups across Africa. The fund, known as the Africa People and Planet Fund III, will back businesses working in sectors tied to resilience, sustainability and low-carbon growth. The fund attracted support from a mix of […] The post Novastar Ventures closes $147 million fund for African startups appeared first on Tech In Africa.
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Ghana launches payment-enabled national ID system
Ghana has introduced what is being described as Africa’s first national identity card with integrated payment functionality, allowing the Ghana Card to serve not only as an identification document but also as a payment tool. The move is aimed at expanding financial inclusion, simplifying transactions and reducing dependence on international card schemes such as Visa […] The post Ghana launches payment-enabled national ID system appeared first on Tech In Africa.
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Flutterwave Secures Nigerian Banking License to Accelerate Payment Efficiency
Flutterwave Inc., Africa’s leading payments technology company, today announced it has secured a Nigerian banking license. This license enables the company to hold funds and deposits directly, strengthening its financial infrastructure across its largest market and enabling more efficient financial services and settlement flows for consumers, businesses and enterprises. Historically, global payment companies have operated […] The post Flutterwave Secures Nigerian Banking License to Accelerate Payment Efficiency appeared first on Tech In Africa.
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Indian Mutual Funds for NZ Residents: What’s Changed and Why It Now Makes Sense to Start
The interest was always there. Walk into any conversation about long-term investing among New Zealand residents with ties to India, or even those without, and you will find people who have been watching India’s economy with quiet curiosity for years. The question was rarely whether India was worth paying attention to. The question was always […] The post Indian Mutual Funds for NZ Residents: What’s Changed and Why It Now Makes Sense to Start appeared first on Tekedia.
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Washington Attorney General Files Civil Lawsuit Against Kalshi Accusing it of Illegal Gambling Operation
Washington State Attorney General Nick Brown filed a civil lawsuit against Kalshi in King County Superior Court. The suit accuses the company of operating an illegal online gambling platform disguised as a prediction market, in violation of Washington’s Gambling Act, Consumer Protection Act, and related laws allowing recovery of losses from illegal gambling. What the […] The post Washington Attorney General Files Civil Lawsuit Against Kalshi Accusing it of Illegal Gambling Operation appeared first on Tekedia.
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30-Year US Treasury Yields Climb Close to the 5% Mark 
The 30-year U.S. Treasury yield has recently climbed close to the 5% mark, reaching as high as 4.98% on March 27, 2026 per FRED data from the St. Louis Fed. As of late March 2026, it has hovered in the 4.89%–4.92% range intraday and on recent closes, marking a notable rise from earlier 2026 levels […] The post 30-Year US Treasury Yields Climb Close to the 5% Mark  appeared first on Tekedia.
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Oracle Cuts 30,000 Jobs in Historic Layoff to Fund Aggressive AI Expansion
Oracle Corporation has reportedly initiated the largest workforce reduction in its history, laying off approximately 30,000 employees, about 18% of its global workforce. According to reports, affected employees were notified via email and informed that the same day would serve as their final working day. Part of the email reads, “We are sharing some difficult […] The post Oracle Cuts 30,000 Jobs in Historic Layoff to Fund Aggressive AI Expansion appeared first on Tekedia.
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US Senators Bill Cassidy and Cynthia Lummis Introduce the Mined in America Act 
U.S. Senators Bill Cassidy and Cynthia Lummis have introduced the Mined in America Act. The bill aims to strengthen U.S. control over Bitcoin mining infrastructure by reducing reliance on hardware from foreign adversaries and to formally codify President Trump’s earlier executive order establishing a Strategic Bitcoin Reserve into law. The Department of Commerce would create […] The post US Senators Bill Cassidy and Cynthia Lummis Introduce the Mined in America Act  appeared first on Tekedia.
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Ripple Prime Expands Integration with HIP-3 Suite Allowing Seamless Access to On-chain Perpetual Contracts
Ripple Prime, Ripple’s institutional prime brokerage platform, has expanded its integration with the decentralized derivatives exchange Hyperliquid to now include HIP-3 symbols. This update, according to Ripple Prime CEO Mike Higgins, gives institutional clients seamless, 24/7 on-chain access to perpetual contracts (perps) for traditional commodities and real-world assets (RWAs), specifically gold, silver, and oil. Ripple […] The post Ripple Prime Expands Integration with HIP-3 Suite Allowing Seamless Access to On-chain Perpetual Contracts appeared first on Tekedia.
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Register for Tekedia AI Lab, Next Edition Begins June 6
We are excited to announce that Tekedia Institute has opened registration for the next edition of Tekedia AI Lab: from Technical Design to Deployment. In this program, you will learn how to build AI agents such as WinSupport, WinJob, WinLearn, etc. You will also master how to deploy such in your personal domain like mywebsite.com.  […] The post Register for Tekedia AI Lab, Next Edition Begins June 6 appeared first on Tekedia.
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Cascador Appoints Oyin Solebo as COO
Cascador, the Nigeria-based ScaleUp Program supporting growth-stage, mission-driven founders building scalable businesses with meaningful social and economic impact, has appointed Oyin Solebo as its Chief Operating Officer (COO).  Her appointment coincides with the program’s strategic shift to streamline its platform for scaling high-impact growth-stage companies and precedes its 2026 ScaleUp cycle. Solebo is a seasoned […]
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Flutterwave Secures Full Nigerian Banking License After 10 Years, to Accelerate Payment Efficiency
Flutterwave, Africa’s leading payments technology company, today announced that it has been granted a full Nigerian banking license by the Central Bank of Nigeria (CBN). This achievement marks a defining moment in the company’s decade-long journey to create a robust financial infrastructure for the continent. According to Flutterwave, the license enables it to hold funds […] The post Flutterwave Secures Full Nigerian Banking License After 10 Years, to Accelerate Payment Efficiency appeared first on Tekedia.
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Anthropic’s Second Major Leak in Days Exposes Internal Source Code for Breakout Claude Code Tool
Anthropic has suffered another embarrassing operational slip, confirming Tuesday that it inadvertently released a substantial chunk of internal source code for its popular AI coding assistant, Claude Code. The exposure occurred through a source map file bundled into version 2.1.88 of the tool’s npm package, a debugging artifact that effectively unminifies the production code and […] The post Anthropic’s Second Major Leak in Days Exposes Internal Source Code for Breakout Claude Code Tool appeared first on Tekedia.
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Jim Cramer: Three Ways the Stock Market Could Flip When the U.S.-Iran War Ends
Tuesday’s rally on Wall Street may have been more than a fleeting burst of optimism. It may well have offered investors a preview of how markets are likely to reprice once the U.S.-Iran war finally winds down. That is the central thesis advanced by CNBC’s Jim Cramer, who argued that the trading session effectively served […] The post Jim Cramer: Three Ways the Stock Market Could Flip When the U.S.-Iran War Ends appeared first on Tekedia.
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Bank of England’s Bailey warns investors not to count on UK rate hikes
Bank of England Governor Andrew Bailey on Wednesday cautioned investors against getting carried away with expectations of near-term interest rate hikes, arguing that financial markets are moving ahead of policymakers as Britain grapples with the economic fallout from the Iran war. In an interview with Reuters at the central bank’s London headquarters, Bailey made clear […] The post Bank of England’s Bailey warns investors not to count on UK rate hikes appeared first on Tekedia.
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Visa deploys AI tools to Overhaul Costly Credit-card Dispute System as Chargebacks Surge
Visa Inc. is rolling out six artificial intelligence-powered tools aimed at overhauling the cumbersome process of disputing credit-card charges, as the payments giant moves to curb rising costs, reduce fraud losses, and ease one of the most persistent friction points in digital commerce. The move comes as charge disputes continue to climb across the global […] The post Visa deploys AI tools to Overhaul Costly Credit-card Dispute System as Chargebacks Surge appeared first on Tekedia.
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Kenya’s AI bill creates a new digital sheriff with sweeping powers
The Artificial Intelligence (AI) Bill (2026), sponsored by Nominated Senator Karen Nyamu, marks the country’s first comprehensive attempt to bring order, accountability, and structure to its rapidly growing AI ecosystem.
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Google’s Quantum AI Team With Co-Authors from Stanford and Ethereum Foundation Publish a Security Report
Google’s Quantum AI team with co-authors from Stanford and the Ethereum Foundation published a Quantum Security Report. It analyzes the resources needed for a cryptographically relevant quantum computer (CRQC) to break elliptic curve cryptography specifically ECDSA and Schnorr signatures used in Bitcoin and Ethereum. Breaking the 256-bit elliptic curve discrete logarithm problem (the core of […] The post Google’s Quantum AI Team With Co-Authors from Stanford and Ethereum Foundation Publish a Security Report appeared first on Tekedia.
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Flutterwave secures Nigerian banking license after crossing $50 billion in lifetime payments
Flutterwave got a national MFB license after acquiring Mono, a turning point for a company that has spent a decade moving money.
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Lasbery Oludinmu: Nigerian lawyer who abandoned oil and gas for digital assets
Lasbery Oludinmu did not plan to end up in crypto. She started in law, moved through oil and gas, and followed a carefully mapped corporate path. But a client brief, a conversation, and a growing curiosity pulled her into digital assets, where she now helps run operations across 20 African markets at Yellow Card.
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Virgin Bet Marks Its First Expansion Beyond the UK
Launching its first international market outside the UK, Virgin Bet is proud to announce the launch of its operations in South Africa. Virgin Bet is part of LiveScore Group, a company in sports media and betting, comprising the world-class brands LiveScore, LiveScore Bet, and Virgin Bet. Since launching in 2019, Virgin Bet has grown to […]
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