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Technology
Foxconn’s AI server boom powers nearly 40% revenue surge as Nvidia demand offsets smartphone uncertainty
Taiwan’s Foxconn, the world’s largest electronics manufacturing company, delivered stronger-than-expected second-quarter revenue as surging global investment in artificial intelligence infrastructure continued to fuel demand for AI servers, reinforcing the company’s growing role as one of the biggest beneficiaries of the global AI spending boom. The company, formally known as Hon Hai Precision Industry, reported second-quarter […] The post Foxconn’s AI server boom powers nearly 40% revenue surge as Nvidia demand offsets smartphone uncertainty appeared first on Tekedia.
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OPEC+ Approves August Oil Output Increase As Hormuz Reopening Eases Supply Fears And Prices Retreat
OPEC+ has agreed to raise oil production again in August, extending its gradual reversal of earlier supply cuts as the reopening of the Strait of Hormuz after months of disruption eases concerns over Middle East exports and keeps downward pressure on crude prices. The alliance, comprising the Organization of the Petroleum Exporting Countries and allies […] The post OPEC+ Approves August Oil Output Increase As Hormuz Reopening Eases Supply Fears And Prices Retreat appeared first on Tekedia.
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Midjourney Seeks Hollywood AI Records As Copyright Battle With Disney, Universal And Warner Bros Intensifies
Artificial intelligence startup Midjourney is escalating its legal battle with some of Hollywood’s biggest studios by asking a U.S. court to compel Disney, Universal and Warner Bros. to disclose the full extent of their own use of generative AI, arguing that the information could undermine the studios’ copyright infringement claims. The latest court filing marks […] The post Midjourney Seeks Hollywood AI Records As Copyright Battle With Disney, Universal And Warner Bros Intensifies appeared first on Tekedia.
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Sony Says AI Will Shape The Future of PlayStation as the Gaming Industry Embraces the Next Development Phase
Sony has formally positioned artificial intelligence at the center of PlayStation’s long-term strategy, saying the technology will become a core pillar of game development as the company seeks to build more immersive gaming experiences while accelerating production without compromising creativity. The strategy, outlined during an internal PlayStation question-and-answer session that was later translated publicly, signals […] The post Sony Says AI Will Shape The Future of PlayStation as the Gaming Industry Embraces the Next Development Phase appeared first on Tekedia.
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Meta Faces Backlash as New AI Subscription Adds Monthly Fee to Smart Glasses Amid Privacy Concerns
Meta is facing fresh criticism after introducing a new monthly subscription for its AI-powered smart glasses, a move that raises the long-term cost of using one of its fastest-growing consumer products and comes just weeks after the company was drawn into a privacy controversy over the device’s facial recognition capabilities. The social media behemoth has […] The post Meta Faces Backlash as New AI Subscription Adds Monthly Fee to Smart Glasses Amid Privacy Concerns appeared first on Tekedia.
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Europe’s Crypto Industry Faces a 90% Shake-Up as MiCA Takes Full Effect
Europe’s crypto industry has entered a defining new era as the full implementation of the Markets in Crypto-Assets (MiCA) regulation reshapes the competitive landscape. While the regulation has long been discussed as a milestone for digital asset oversight, its practical impact is now becoming clear. The numbers alone tell a dramatic story. An estimated 2,700 […] The post Europe’s Crypto Industry Faces a 90% Shake-Up as MiCA Takes Full Effect appeared first on Tekedia.
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Financial Significance of Micron’s $250 Million Trump Account Investment
Micron’s decision to invest $250 million into Trump accounts has quickly become a major talking point across both the financial and political worlds. The announcement highlights the growing intersection of corporate capital, politics, and investment strategies at a time when businesses are increasingly navigating a polarized economic landscape. While the move has generated strong reactions […] The post Financial Significance of Micron’s $250 Million Trump Account Investment appeared first on Tekedia.
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Next Crypto to Explode? Why XRP, Solana and IceBull Are Three Projects Investors Keep Talking About
Ask any crypto investor what the next big winner will be and you’ll quickly discover there isn’t a single answer. Some believe the next major gains will come from projects that have already proven themselves through years of development. Others spend countless hours researching cryptocurrencies that haven’t even reached exchanges yet, convinced that tomorrow’s biggest […] The post Next Crypto to Explode? Why XRP, Solana and IceBull Are Three Projects Investors Keep Talking About appeared first on Tekedia.
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SK Hynix eyes 0.5% fee payout in ADR offering as AI-driven memory boom fuels potential $26.5bn share sale
South Korean memory chip giant SK Hynix is preparing for what could become one of the largest equity offerings ever by an Asian company, with plans for a U.S. listing that could raise as much as $26.5 billion as the artificial intelligence boom continues to reshape the semiconductor industry. According to a Bloomberg report, SK […] The post SK Hynix eyes 0.5% fee payout in ADR offering as AI-driven memory boom fuels potential $26.5bn share sale appeared first on Tekedia.
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Germany Faces Major Shift in Technology, Labor, and Transportation
Before the recent headlines, Germany was widely regarded as Europe’s industrial powerhouse, known for engineering excellence, manufacturing strength, and technological innovation. A series of developments now highlights the country’s struggle to balance economic competitiveness, digital sovereignty, labor relations, and environmental commitments. From a regional government’s decision to reduce dependence on Microsoft software to mass worker […] The post Germany Faces Major Shift in Technology, Labor, and Transportation appeared first on Tekedia.
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Tokenized Real-World Assets is Bridging Wall Street and Public Blockchains
Tokenized Real-World Assets are rapidly emerging as one of the most transformative innovations in modern finance. By converting ownership rights of physical and traditional financial assets into blockchain-based digital tokens, RWAs are creating a powerful connection between Wall Street’s established financial markets and the decentralized infrastructure of public blockchains. This convergence has the potential to unlock […] The post Tokenized Real-World Assets is Bridging Wall Street and Public Blockchains appeared first on Tekedia.
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Alibaba Bans Anthropic’s Claude Code As AI Rivalry And Security Tensions Between U.S. And China Deepen
Alibaba has ordered employees to stop using Anthropic’s AI-powered programming assistant, Claude Code, marking the latest escalation in the technological rivalry between the United States and China as artificial intelligence companies tighten access to advanced models amid growing national security concerns. The Chinese technology giant will prohibit the use of Claude Code across its workforce […] The post Alibaba Bans Anthropic’s Claude Code As AI Rivalry And Security Tensions Between U.S. And China Deepen appeared first on Tekedia.
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Predictable Execution and Pricing Integrity for On-Chain Markets 
Predictable execution is becoming one of the defining requirements for the next phase of blockchain adoption. While lower transaction costs often dominate discussions around blockchain scalability, the more significant transformation lies in how predictable execution changes user behavior. When market participants can reliably estimate transaction outcomes, costs, and settlement times, they gain the confidence to […] The post Predictable Execution and Pricing Integrity for On-Chain Markets  appeared first on Tekedia.
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IMF Says Tokenization Will Transform, Not Replace, Global Financial Market Infrastructure
The International Monetary Fund (IMF) has said the rapid rise of tokenization is set to fundamentally reshape the architecture of global financial markets, but warned that blockchain technology will not eliminate the regulated institutions that underpin the financial system. In a new working paper titled ‘The Evolution of Financial Market Infrastructures in a Tokenized Economy: […] The post IMF Says Tokenization Will Transform, Not Replace, Global Financial Market Infrastructure appeared first on Tekedia.
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Nigeria Capital Market Masterclass Opens Registrations for Oct 2026 edition
Tekedia Nigeria Capital Market Masterclass is a practitioner-led, intensive program designed to deepen the human capabilities needed to power Nigeria’s modern capital market. The Masterclass blends applied knowledge, real-market processes, regulatory frameworks, technology infrastructure, and hands-on case studies covering the entire capital market value chain. The program will run for 8 weeks, with assignments, simulations, and […] The post Nigeria Capital Market Masterclass Opens Registrations for Oct 2026 edition appeared first on Tekedia.
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2026 FIFA World Cup Fuels Record Betting Boom As Prediction Markets Hit Unprecedented Trading Volumes
The 2026 FIFA World Cup has become the biggest catalyst yet for the rapidly expanding prediction market industry, driving record trading activity across leading event-contract platforms as millions of users wager on match outcomes, tournament winners and related events. The month-long football spectacle, widely forecast to become the largest betting event in history, pushed trading […] The post 2026 FIFA World Cup Fuels Record Betting Boom As Prediction Markets Hit Unprecedented Trading Volumes appeared first on Tekedia.
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Bitcoin Nears $63K as Fear & Greed Index Improves
Bitcoin climbed toward $63,000, extending its recovery as the cryptocurrency market rebounded from a sharp sell-off that had pushed digital assets to multi-month lows. BTC surged amid improving investor sentiment and renewed institutional demand, trading as high as $62,956 on Friday before a slight retracement. The rally coincided with the Crypto Fear & Greed Index […] The post Bitcoin Nears $63K as Fear & Greed Index Improves appeared first on Tekedia.
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Sei Giga Aims to Bridge Traditional Institutional Trading and DeFi
Institutional trading has long been dominated by centralized exchanges (CEXs) and over-the-counter (OTC) brokers, where large investors can execute high-value transactions with minimal market disruption. These venues have become the preferred choice for hedge funds, asset managers, proprietary trading firms, and corporate treasuries because they offer deep liquidity, sophisticated execution strategies, and privacy. However, they […] The post Sei Giga Aims to Bridge Traditional Institutional Trading and DeFi appeared first on Tekedia.
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Tim Draper’s 1,000 BTC Transfer Sparks Fresh Crypto Market Speculation
A recent on-chain transaction has reignited discussions about one of the cryptocurrency industry’s most legendary investors. According to blockchain analytics platform Lookonchain, a wallet believed to be associated with venture capitalist Tim Draper transferred 1,000 Bitcoin valued at approximately $61.82 million, to Coinbase Prime. While the purpose of the transfer remains unknown, the movement has […] The post Tim Draper’s 1,000 BTC Transfer Sparks Fresh Crypto Market Speculation appeared first on Tekedia.
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Goldman Sachs Leads H1 EMEA Deal Advisory as Mergers and Acquisitions Activity Surges to 19-Year High
Goldman Sachs has strengthened its position as the leading mergers and acquisitions adviser in Europe, the Middle East, and Africa during the first half of 2026, capturing its largest share of the market in nearly a decade as regional dealmaking reached its highest level in 19 years, according to LSEG data. Dealmaking in the region […] The post Goldman Sachs Leads H1 EMEA Deal Advisory as Mergers and Acquisitions Activity Surges to 19-Year High appeared first on Tekedia.
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Tesla Shatters Q2 Delivery Forecasts as European Rebound Revives Growth Story
Tesla delivered its strongest second-quarter vehicle sales on record, comfortably beating Wall Street expectations and strengthening hopes that the electric vehicle maker could finally end two consecutive years of annual delivery declines. The results provide an important boost for the company as Chief Executive Elon Musk continues steering Tesla beyond its traditional automotive business toward […] The post Tesla Shatters Q2 Delivery Forecasts as European Rebound Revives Growth Story appeared first on Tekedia.
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Tekedia Mini-MBA Opens Registrations for Edition 21 (Sep 14 – Dec 5, 2026)
Invent, innovate and drive organizational transformation, performance, and growth. Capture emerging opportunities in changing markets while optimizing innovation and profitability. Digitally evolve your business or functional area, turning digital disruption into a competitive capability and advantage. Master the concepts of building category-king companies, and thrive. Registration for another edition of Tekedia Mini-MBA opens. Tekedia Mini-MBA, […] The post Tekedia Mini-MBA Opens Registrations for Edition 21 (Sep 14 – Dec 5, 2026) appeared first on Tekedia.
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SEC Expands Crypto Regulatory Sandbox With Seven New Firms As Nigeria Deepens Digital Asset Oversight
Nigeria’s cryptocurrency regulatory framework has expanded further after the Securities and Exchange Commission (SEC) admitted seven additional companies into its Accelerated Regulatory Incubation Programme (ARIP), marking another milestone in the government’s efforts to bring the country’s rapidly growing digital asset industry under formal regulatory supervision. The Commission disclosed the development in a statement issued on […] The post SEC Expands Crypto Regulatory Sandbox With Seven New Firms As Nigeria Deepens Digital Asset Oversight appeared first on Tekedia.
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June Crypto Market Recap: Winners, Losers, and Hidden Trends
June appeared to be a positive month for the cryptocurrency market. The top 100 digital assets by market capitalization recorded an average return of 8.9%, a figure that suggests investors broadly enjoyed healthy gains. A closer examination reveals a strikingly different reality. While the average performance was firmly positive, an overwhelming 82.1% of those assets […] The post June Crypto Market Recap: Winners, Losers, and Hidden Trends appeared first on Tekedia.
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Impact of Securitize’s NYSE Listing on the Digital Asset Industry
Securitize’s listing on the New York Stock Exchange marks a significant milestone for the digital asset industry, highlighting how blockchain technology is becoming increasingly integrated with traditional financial markets. As one of the leading platforms specializing in the tokenization of real-world assets, Securitize has spent years building the infrastructure needed to bring securities onto blockchain […] The post Impact of Securitize’s NYSE Listing on the Digital Asset Industry appeared first on Tekedia.
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Meta’s New Watermelon AI Challenges GPT-5.5 in the Race for AI Leadership
Meta has taken another significant step in the artificial intelligence race with reports that its latest AI model, code-named Watermelon, has reached performance levels comparable to GPT-5.5. The development underscores the rapid pace of innovation in the AI industry, where leading technology companies are investing billions of dollars to build increasingly capable foundation models. As […] The post Meta’s New Watermelon AI Challenges GPT-5.5 in the Race for AI Leadership appeared first on Tekedia.
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Amazon’s Project Leo Takes on Starlink in the Satellite Internet Race
Amazon has officially entered the rapidly expanding satellite internet market, marking a significant step in its long-term technology strategy. Through its ambitious Project Kuiper initiative, the company aims to build a global broadband network capable of delivering high-speed internet access to millions of people, particularly those living in underserved and remote regions. The move places […] The post Amazon’s Project Leo Takes on Starlink in the Satellite Internet Race appeared first on Tekedia.
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RTX Price Reveal Lands: Remittix Sets $0.35 Minimum For Major Exchange Launch
Remittix has finally delivered the update RTX holders have been waiting for, confirming that the token will launch on major exchanges at a minimum price of $0.35. The price reveal has become a major moment for the community, giving holders a clear benchmark before RTX begins trading publicly. After weeks of anticipation around launch details, […] The post RTX Price Reveal Lands: Remittix Sets $0.35 Minimum For Major Exchange Launch appeared first on Tekedia.
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Boost by Tradegrid
Great things often have humble beginnings, and that is the story of Tradegrid. When we first invested in this company, we saw potential, but today, witnessing it generate tens of billions of Naira across Nigeria is truly remarkable. If you are a driver, look for the ‘Boost by Tradegrid’ sign at your local filling station; […] The post Boost by Tradegrid appeared first on Tekedia.
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Alibaba, Tencent Back Kuaishou’s Kling AI In $2.8bn Fundraise, Valuing The AI Video Platform At About $15bn
China’s artificial intelligence funding race gathered further momentum after video-generation startup Kling AI secured one of the largest financing rounds in the country’s generative AI sector, drawing backing from some of China’s biggest technology companies as competition with U.S. AI leaders intensifies. Kuaishou Technology said Thursday that a consortium of investors led by Alibaba and […] The post Alibaba, Tencent Back Kuaishou’s Kling AI In $2.8bn Fundraise, Valuing The AI Video Platform At About $15bn appeared first on Tekedia.
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Trump’s Crypto Comments Spark Debate Over Family Digital Asset Profits
Trump’s latest remarks about his family’s cryptocurrency earnings have reignited debate over the growing intersection of politics, digital assets, and personal financial interests. During a recent interview, the U.S. president claimed that he did not know how much money his family had made from crypto-related ventures. The statement immediately drew attention from political observers, financial […] The post Trump’s Crypto Comments Spark Debate Over Family Digital Asset Profits appeared first on Tekedia.
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Anthropic Expands AI Infrastructure as SanDisk Stock Loses Momentum
Anthropic is navigating a familiar challenge in the artificial intelligence industry: demand for cutting-edge AI models is growing faster than the computing infrastructure needed to support them. The company recently indicated that it hopes to bring Fable 5 back to Claude Max subscriptions over time as additional capacity becomes available. At the same time, reports […] The post Anthropic Expands AI Infrastructure as SanDisk Stock Loses Momentum appeared first on Tekedia.
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Meta Admits AI Restructuring Fell Short as Zuckerberg Bets on Next-Generation Models to Close Gap With OpenAI
Meta Chief Executive Mark Zuckerberg has acknowledged that the company’s sweeping AI-driven restructuring has not delivered the rapid gains management anticipated, offering one of his clearest admissions yet that the social media giant’s aggressive reorganization has fallen short of expectations even as it pours unprecedented sums into artificial intelligence. Speaking during an internal town hall […] The post Meta Admits AI Restructuring Fell Short as Zuckerberg Bets on Next-Generation Models to Close Gap With OpenAI appeared first on Tekedia.
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Dow Jones Reaches Record High as Crypto Token Buybacks Outpace Supply Growth
Investor confidence strengthened across both traditional finance and the cryptocurrency market as the Dow Jones Industrial Average closed at a new all-time high while blockchain analytics platform Tokenomist reported that eight crypto tokens are reducing their circulating supply through aggressive buyback programs. These developments highlight a broader trend of capital returning to risk assets and […] The post Dow Jones Reaches Record High as Crypto Token Buybacks Outpace Supply Growth appeared first on Tekedia.
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Why Alibaba Restricted Claude Code in Its Development Environment
Alibaba has reportedly prohibited the use of Claude Code within parts of its organization due to concerns over potential backdoor security risks. The decision underscores the growing tension between the rapid adoption of artificial intelligence coding assistants and the increasing need for organizations to safeguard sensitive systems, proprietary data, and critical infrastructure. As AI-powered development […] The post Why Alibaba Restricted Claude Code in Its Development Environment appeared first on Tekedia.
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Chinese AI Startup Z.ai Ignites ‘Mini DeepSeek Moment’ as GLM-5.2 Challenges OpenAI and Anthropic at a Fraction of the Cost
China’s artificial intelligence race has entered a new phase, with Beijing-based startup Z.ai emerging as the latest company challenging the dominance of leading U.S. AI developers. Its recently launched GLM-5.2 model is winning praise from developers, technology executives and investors, bolstering the belief that China’s AI ecosystem is closing the performance gap with OpenAI and […] The post Chinese AI Startup Z.ai Ignites ‘Mini DeepSeek Moment’ as GLM-5.2 Challenges OpenAI and Anthropic at a Fraction of the Cost appeared first on Tekedia.
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