In today's edition: OPay eyes US IPO || StanChart reduces headcount in Kenya || Rwanda mulls social media ban for children || SA opens public comment on rules affecting businesses

Bitcoin has started May on a strong note, rising nearly 2% after breaking key resistance levels. The crypto asset surged past the $78,000 zone, trading as high as $78,872, spurring bullish optimism. BTC dropped to a yearly low of $60,000 in February before a significant retracement now eyeing the $79,000 zone. Despite the rough stretch, […] The post Bitcoin Kicks Off The Month of May on A Strong Footing, as Analysts Eye $84K Price Breakout appeared first on Tekedia.

A growing series of court rulings in China is threatening to upend one of the technology industry’s most powerful assumptions: that artificial intelligence can rapidly replace human workers with few legal consequences. In decisions that could reshape the economics of automation globally, Chinese courts have ruled that companies cannot justify layoffs, demotions, or steep salary […] The post You Can’t Sack Someone Because of AI: China’s Courts Challenge Silicon Valley’s AI Playbook With Landmark Worker Protections appeared first on Tekedia.

Spirit Airlines has collapsed, abruptly ending one of America’s most recognizable ultra-low-cost carriers, triggering widespread travel disruption, intensifying debate over airline consolidation, and exposing how vulnerable budget aviation has become amid rising fuel costs. Spirit ceased operations on Saturday after beginning what it described as an “orderly wind-down” of the airline, canceling all flights with […] The post Spirit Airlines Shuts Down After 35 Years, Leaving Budget Travelers Stranded and Reshaping the U.S. Aviation Market appeared first on Tekedia.

Jensen Huang is mounting one of the strongest pushbacks yet against the increasingly alarmist rhetoric surrounding artificial intelligence, warning that exaggerated claims from some technology leaders risk creating unnecessary panic around a technology that is rapidly becoming central to the global economy. Speaking during the “Memos to the President” podcast on Thursday, the Nvidia chief […] The post Nvidia CEO Huang Pushes Back Against AI Alarmism, Warns Tech Leaders Against ‘God Complex’ Predictions appeared first on Tekedia.

OPEC+ is preparing another oil production increase even as the Iran war continues to choke off exports from the Persian Gulf. Sources familiar with the group’s internal discussions told Reuters that seven core OPEC+ producers have agreed in principle to raise June output targets by roughly 188,000 barrels per day. The decision, expected to be […] The post OPEC+ Reportedly Pushes Ahead With Output Increase amid  Millions of Barrels Trapped by Hormuz Closure appeared first on Tekedia.

The major shift in medical cannabis over the past three years has not been which countries legalized it. It has been how patients actually reach their cannabis prescriber. In the United States, Germany, the United Kingdom, and Australia, the same pattern is playing out. Virtual consultations are replacing the in-person medical visit right before our […] The post How Telemedicine Quietly Became the Global Standard for Medical Cannabis Access appeared first on Tekedia.

Meta has quietly terminated its relationship with outsourcing firm Sama after reports emerged that contractors reviewing footage from Ray-Ban smart glasses were exposed to highly sensitive recordings, including private conversations, financial information, and explicit scenes involving individuals who allegedly did not know they were being filmed. The decision is drawing renewed scrutiny to the hidden […] The post Meta Quietly Ends AI Training Partnership with Sama After Claims Contractors Reviewed Intimate Smart-Glasses Footage appeared first on Tekedia.

U.S. cybersecurity officials are considering one of the most aggressive overhauls of federal cyber defense policy in years, as fears grow that a new generation of artificial-intelligence systems could dramatically accelerate the speed and scale of cyberattacks against government networks. According to people familiar with the discussions cited by Reuters, officials are weighing plans to […] The post Washington Eyes 72-Hour Cyber Defense Rule as AI Compresses Hacking Timelines From Weeks to Hours appeared first on Tekedia.

The decision to restrict and ban AI-generated content from major film awards like the Oscars is less about a simple rejection of technology and more about a deeper anxiety within the creative industries. It raises a fundamental question: if artificial intelligence cannot compete on equal footing, is it because it lacks something essential—often described as […] The post Oscars Restricts AI Generated Content from Major Film Awards appeared first on Tekedia.

The convergence of artificial intelligence and decentralized finance has taken a tangible leap forward with the introduction of the MoonAgents Card by MoonPay. This development enables autonomous agents to spend USDC on the Solana network anywhere Mastercard is accepted. What once sounded like a speculative vision—machines participating directly in economic activity—has now entered a practical […] The post A Look into MoonAgents Card by MoonPay appeared first on Tekedia.

The recent divergence between rising NFT floor prices and relatively stagnant holder counts reveals a subtle but important shift in the structure of the digital asset market. At first glance, increasing floor prices—the lowest listed price for an NFT in a collection—signal renewed demand and market confidence. However, when this upward movement is not matched […] The post The Disconnection between NFT Floor Price and Holders Growth appeared first on Tekedia.

The tech industry’s aggressive push into artificial intelligence is creating a paradox that few saw coming: massive capital spending on AI infrastructure is coinciding with widespread layoffs, even as many companies admit that human labor remains cheaper than AI in most real-world applications today. Meta’s announcement last week that it would cut roughly 10% of […] The post ‘The cost of compute is far beyond the costs of the employees’: Nvidia executive admits AI is more expensive than human workers appeared first on Tekedia.

The relationship between artificial intelligence and smart contract security is entering a more complex and uncomfortable phase. For years, AI has been positioned as a defensive tool—capable of auditing code, identifying vulnerabilities, and strengthening blockchain infrastructure. But a growing body of evidence suggests a reversal in that narrative: AI systems are now becoming more effective […] The post The Intersection of AI and Smart Contracts is Entering a Defining Moment of Chaos appeared first on Tekedia.

More than 70 Texas residents have filed a lawsuit against SpaceX, accusing the aerospace company of damaging homes and properties through the immense noise, vibrations, and sonic shockwaves generated by its massive Starship rocket launches near the company’s Starbase facility in South Texas. The lawsuit, filed in federal court in Brownsville, marks one of the […] The post Texas Homeowners Sue SpaceX Over Starship Launch Damage as Musk’s Rocket Ambitions Face Growing Legal and Environmental Scrutiny appeared first on Tekedia.

Latest Personal Consumption Expenditures (PCE) inflation reading, coming in at 3.5%, marks a notable shift in the macroeconomic landscape, reaching its highest level since August 2023. This development carries significant implications for monetary policy, financial markets, and the broader trajectory of economic growth. As the Federal Reserve’s preferred gauge of inflation, the PCE index holds […] The post U.S. PCE Inflation Index Coming-in at 3.5% Marks a Shift in Macroeconomic Stability appeared first on Tekedia.

The Kenya National Bureau of Statistics (KNBS) has long been the gold standard for measuring the nation’s physical muscles. In its latest 2026 release, the bureau provides meticulous detail on the 25,412 kilometers of tarmac crisscrossing the country and the 20.9 million citizens enrolled in the Social Health Authority. But as the economy increasingly moves […] The post Kenya’s 2026 Economic Survey still ignores the Digital & Creative sectors appeared first on HapaKenya.

The Kenya National Bureau of Statistics (KNBS) has released its dual flagship reports, the 2026 Economic Survey and the 2026 Facts and Figures. Kenya’s economy recorded a real GDP growth of 4.6% in 2025, a marginal cooling from the 4.7% seen in 2024. Despite this slight deceleration, the total value of the economy at market […] The post Kenya’s economy hits Ksh. 17.6 Trillion amidst Global headwinds appeared first on HapaKenya.

The Kenyan capital market is experiencing a significant shift as leading corporations increasingly turn to the domestic debt market to fund expansion. I&M Bank Limited’s recent announcement of a Ksh. 20 billion Medium-Term Note (MTN) programme is the latest in a series of high-profile issuances, following successful debt raises by Safaricom and EABL. I&M Bank […] The post I&M Bank is seeking Ksh. 10B in the corporate bond market in Kenya appeared first on HapaKenya.

The rapid ascent of stablecoins has reached a defining milestone: in 2025, Stablecoin transaction volume surged to an astonishing $33 trillion, surpassing the annual payment volume processed by Visa. This figure is not merely symbolic—it signals a structural shift in how value moves across the global financial system. Even more telling is the composition of […] The post Stablecoin Settlement in 2025 Surged to $33T Surpassing Visa’s Annual Payment Volume appeared first on Tekedia.

For years, the headlines surrounding Kenya Airways (KQ) have been dominated by a familiar, somber rhythm: mounting debts, billion-shilling losses, and a chorus of customer complaints echoing across social media. Following a brief flirtation with profitability in 2024, the airline recently swung back to a net loss of Ksh. 17.12 billion ($132.7 million) for the […] The post Why Kenya Airways still matters despite the turbulence appeared first on HapaKenya.

The latest update to Safaricom Home Fibre is a masterclass in this mischievous balancing act. While headlines shout about massive speed upgrades and a 25% discount for new customers, the fine print tells a much darker story for heavy users: the death of the 15TB unlimited era. At first glance, the deal looks unbeatable. Safaricom […] The post Safaricom Fibre’s new reduced FUP is unfair to its customers appeared first on HapaKenya.

The rapid ascent of Tokenized gold has become one of the most compelling developments in the intersection of traditional finance and blockchain technology. In a striking milestone, tokenized gold trading volume in the first quarter alone has already surpassed the total recorded for all of 2025. This surge is not merely a statistical anomaly; it […] The post Tokenized Gold Market Volume in Q1 2026 Surged Past 2025 Records appeared first on Tekedia.

Grayscale’s latest research underscores a decisive shift in crypto’s evolution: the rise of tokenization as a foundational pillar of modern finance. Rather than focusing on speculative assets or short-term narratives, the firm identifies a structural transformation in how real-world assets—equities, bonds, commodities, and even private credit—are issued, traded, and settled. At the center of this […] The post Grayscale’s Latest Research Underscores a Decisive Shift in Crypto’s Evolution of Institutional Participation appeared first on Tekedia.

Bitmine’s latest move—staking an additional $500 million worth of Ethereum—marks a defining moment in the evolution of institutional participation in blockchain networks. With this latest allocation, the firm now reportedly controls over 10% of the total staked Ether supply, a milestone that underscores both the growing confidence in Ethereum’s proof-of-stake model and the increasing centralization […] The post Bitmine Adds $500M to its Ethereum’s Staking Vault appeared first on Tekedia.

U.S. President Donald Trump has opened a new trade confrontation with Europe, threatening to raise tariffs on European Union car and truck imports to 25% in a move increasingly viewed by diplomats and analysts as tied not only to trade disputes, but also to mounting geopolitical tensions over the Iran war. The announcement marks a […] The post Trump Threatens Fresh 25% EU Auto Tariff Hike, Escalating Pressure on European Carmakers appeared first on Tekedia.

The recent operation by the Federal Bureau of Investigation (FBI), which led to the arrest of 276 individuals and the dismantling of nine crypto fraud centers, marks a significant escalation in the global fight against digital financial crime. As cryptocurrency adoption continues to expand, so too has the sophistication and scale of fraud schemes targeting […] The post FBI Arrested 276 Individuals Connected to Digital Financial Crime appeared first on Tekedia.

Namibia has repaid its remaining outstanding IMF credit, bringing the balance to zero as of late April 2026. As of March 31, 2026, Namibia’s outstanding IMF purchases and loans stood at SDR 23.89 million roughly $23.8–23.9 million USD at recent exchange rates. IMF records for the period April 1–29, 2026 show a repayment of exactly […] The post Namibia Repays Outstanding IMF Credit, Making The Country Debt-Free appeared first on Tekedia.

In April 2026, Safaricom’s digital ecosystem underwent its most radical transformation yet with the mandatory rollout of My OneApp. By merging M-PESA, MySafaricom, and Home Fibre into a single Super App, the telco aimed for ultimate convenience. However, for many users, especially those trying to navigate the high-stakes world of Ziidi Trader or international PayPal […] The post Why Safaricom’s My OneApp needs a PayPal-style web platform appeared first on HapaKenya.

Apple reported strong fiscal Q2 2026 results ended March 28, 2026 after the bell on April 30: Revenue stood at $111.2 billion +17% YoY, beating estimates of ~$109–109.7 billion. EPS stood at $2.01, beating consensus around $1.93–1.95. Services recorded ~$31 billion +16% YoY, a key high-margin bright spot. iPhone: Mixed—some reports noted a miss or […] The post Apple Reports Strong Fiscal Q2 2026 Results, Curve Finance Launches a Market-based Bad Debt Recovery System appeared first on Tekedia.

Access Holdings PLC closed 2025 with its strongest profit performance on record, reporting profit before tax of N1.007 trillion, up 16.16% from N867 billion in 2024, driven by a sharp rise in foreign exchange gains, higher fee income, and an expanded balance sheet anchored on deposits. Profit after tax rose 15.70% to N743.045 billion, underscoring […] The post Access Holdings Posts Record N1.007tn Profit As FX Gains, Deposit Surge Boost Earnings appeared first on Tekedia.

Meta Platforms is heading into one of the most consequential courtroom battles in its history, as a New Mexico trial beginning Monday could result in sweeping court-ordered changes to how Facebook, Instagram, and WhatsApp operate for young users. The company has warned it may ultimately withdraw its services from the state if the proposed remedies […] The post Meta Faces Landmark New Mexico Trial That Could Reshape Social Media for Minors appeared first on Tekedia.

As corporations rush to deploy artificial intelligence across offices and software systems, a growing number of economists and labor experts are warning that the drive to automate junior roles could create a damaging long-term talent vacuum inside some of the world’s largest companies. At the center of the debate is a paradox increasingly visible across […] The post Companies Cutting Entry-Level Jobs for AI Risk Destroying Their Own Talent Pipeline, MIT Researcher Warns appeared first on Tekedia.

OpenAI chief executive Sam Altman says artificial intelligence is fundamentally reshaping the startup world, lowering the barriers that once kept non-technical founders from building major companies and altering long-held assumptions about what makes a successful entrepreneur. Speaking at Stripe Sessions alongside Patrick Collison, Altman argued that the rise of generative AI tools has sharply reduced […] The post I Want to Fund Startup Ideas of People Who Can’t Code: Altman Declares ‘Revenge of the Idea Guys’ as AI Upends Silicon Valley’s Old Rules appeared first on Tekedia.

President Donald Trump’s recent notification to Congress declaring that U.S. military operations in Iran have been terminated marks a pivotal moment in an already contentious and legally complex conflict. The statement, delivered through formal letters to congressional leadership, asserts that hostilities which began on February 28, 2026, have officially ended following a ceasefire that has […] The post President Donald Trump Recent Notification of Congress that US Military Operations in Iran is Terminated appeared first on Tekedia.

The Nigerian Exchange Group Plc (NGX Group) has reported a strong financial performance for the first quarter (Q1) of 2026, with profit after tax rising by 93.67% to N4.09 billion ($2.98 million), according to its unaudited financial statements. Total income for the period climbed 70.51% to N7.80 billion ($5.67 million), significantly outperforming the same period […] The post Nigerian Stock Exchange Reports Strong Financial Performance For Q1 2026 With 70% Income Rise appeared first on Tekedia.