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Technology
Supercell offers African game studios grants worth up to $200,000
TechCabal -
California Launches $270m EV Rebate Program, Creating Fresh Tailwind for Tesla After Trump Policy Rollback
California Governor Gavin Newsom has signed legislation establishing a $270 million electric vehicle rebate program that offers up to $3,500 for first-time buyers of new EVs, providing a fresh boost to electric vehicle demand in the country’s largest auto market after the Trump administration scrapped federal tax incentives. The program, signed into law on Monday, […] The post California Launches $270m EV Rebate Program, Creating Fresh Tailwind for Tesla After Trump Policy Rollback appeared first on Tekedia.
Tekedia -
Ethereum Faces Growing Competition as Robinhood Captures DEX Liquidity
In a surprising development for the blockchain industry, Robinhood’s newly launched blockchain ecosystem has reportedly surpassed Ethereum in 24-hour decentralized exchange (DEX) trading volume, marking a significant milestone in the evolution of digital asset markets. The achievement highlights the growing competition among blockchain networks and signals a broader shift toward platforms that prioritize speed, accessibility, […] The post Ethereum Faces Growing Competition as Robinhood Captures DEX Liquidity appeared first on Tekedia.
Tekedia -
OpenAI’s GPT-5.6 SOL Demonstrates Advanced Multimodal Design Capabilities
OpenAI’s GPT-5.6 SOL has emerged as the leading model on the Design Arena benchmark, marking another significant milestone in the rapidly evolving artificial intelligence industry. The achievement highlights not only the increasing sophistication of large language models but also the growing importance of design-oriented AI systems capable of reasoning, creativity, and multimodal problem-solving. The Design […] The post OpenAI’s GPT-5.6 SOL Demonstrates Advanced Multimodal Design Capabilities appeared first on Tekedia.
Tekedia -
This region wants to build Africa’s most connected fintech ecosystem
TechCabal -
Why South African banks still charge for instant payments
TechCabal -
Why So Many Players from Gambia Choose ChopWin as Their Online Casino Destination
In a market with more online casino options than ever before, Gambian players have been voting with their deposits — and ChopWin keeps coming out on top. That’s not the result of the loudest advertising or the biggest headline bonus. It’s the result of a platform that consistently gets the fundamentals right for the specific […] The post Why So Many Players from Gambia Choose ChopWin as Their Online Casino Destination appeared first on Tekedia.
Tekedia -
Jokabet no deposit bonus for the UK: is there a catch?
Introduction You see an ad for a FREE £10 at Jokabet login – just sign up, no deposit needed. Instantly, your brain starts calculating: free cash, zero risk, what’s not to love? But here’s the thing – you’re not a newbie. You’ve been burned by these “too good to be true” offers before. The scepticism […] The post Jokabet no deposit bonus for the UK: is there a catch? appeared first on Tekedia.
Tekedia -
Why raising $50,000 may be harder than $10 million
TechCabal -
👨🏿‍🚀TechCabal Daily – Openview and watch ads
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Singapore Banks Hit Record Highs as DBS Becomes First S$200bn Listed Company Ahead of Earnings
Singapore’s three largest banks have surged to record highs, driving the benchmark Straits Times Index (STI) to a fresh all-time peak and propelling DBS Group Holdings above S$200 billion ($149 billion) in market capitalization, making it the first company listed on the Singapore Exchange to reach that milestone. The rally comes as investors take positions […] The post Singapore Banks Hit Record Highs as DBS Becomes First S$200bn Listed Company Ahead of Earnings appeared first on Tekedia.
Tekedia -
SK Hynix Suffers Record One-Day Drop After Nasdaq Debut as Investors Lock in AI-Fueled Gains
Shares of SK Hynix plunged more than 15% in Seoul on Monday, marking the company’s worst single-day decline on record, as investors rushed to lock in profits following its blockbuster Nasdaq debut and reassessed valuations amid uncertainty over the next phase of the artificial intelligence investment cycle. The memory-chip maker’s shares closed 15.4% lower, their […] The post SK Hynix Suffers Record One-Day Drop After Nasdaq Debut as Investors Lock in AI-Fueled Gains appeared first on Tekedia.
Tekedia -
 
 
German Helsing raises $1.8bn at $18bn valuation as investors double down on Europe’s AI defense ambitions
German defense technology startup Helsing has raised $1.8 billion in one of Europe’s largest private funding rounds, valuing the artificial intelligence-driven defense company at $18 billion as investors continue to pour money into military technology amid rising geopolitical tensions and a sharp increase in European defense spending. The company announced on Monday that the financing […] The post German Helsing raises $1.8bn at $18bn valuation as investors double down on Europe’s AI defense ambitions appeared first on Tekedia.
Tekedia -
US Strikes Iranian Targets as Iran Closes Strait of Hormuz, Sending Oil Prices Soaring
The Middle East has once again become the center of global market anxiety following reports that the United States conducted strikes against Iranian targets near the Strait of Hormuz, one of the world’s most strategically important maritime chokepoints. The escalation quickly intensified after Iran allegedly launched attacks against other Gulf states and formally announced the […] The post US Strikes Iranian Targets as Iran Closes Strait of Hormuz, Sending Oil Prices Soaring appeared first on Tekedia.
Tekedia -
Michael Burry Blasts Prediction Markets As ‘Gambling Platforms’ Operating Through ‘Regulatory Loophole.’
Investor Michael Burry has launched a sharp attack on prediction markets such as Kalshi, saying that they are effectively gambling platforms operating through a regulatory loophole and warning that retail users are vulnerable to unfair trading practices. Burry speaks as prediction markets face growing scrutiny from researchers, lawmakers and investors over whether the platforms provide […] The post Michael Burry Blasts Prediction Markets As ‘Gambling Platforms’ Operating Through ‘Regulatory Loophole.’ appeared first on Tekedia.
Tekedia -
BlackRock Sued Over Alleged NAV Inflation That Investors Say Led To Higher Fees And Tax Bills
BlackRock, the world’s largest asset manager, has been sued by investors who allege the firm used improper accounting practices that artificially inflated the net asset values (NAVs) of more than 70 equity mutual funds, causing shareholders to pay excessive management fees and incur larger tax liabilities. The proposed class action, filed on Monday in New […] The post BlackRock Sued Over Alleged NAV Inflation That Investors Say Led To Higher Fees And Tax Bills appeared first on Tekedia.
Tekedia -
OPEC Cuts 2026 Oil Demand Growth Forecast for Third Straight Month as Middle East Disruptions Cloud Outlook
OPEC has lowered its forecast for global oil demand growth in 2026 for the third consecutive month, underscoring growing concerns that geopolitical tensions, disrupted trade flows and a slowing global economy will weigh on fuel consumption. In its monthly oil market report released on Monday, OPEC projected world oil demand will grow by 780,000 barrels […] The post OPEC Cuts 2026 Oil Demand Growth Forecast for Third Straight Month as Middle East Disruptions Cloud Outlook appeared first on Tekedia.
Tekedia -
Anthropic Introduces Rupee Pricing For Claude In India As AI Firms Intensify Competition In Key Growth Market
Anthropic has begun rolling out Indian rupee pricing for its Claude AI assistant, marking a significant step in its expansion strategy in what has become the company’s largest market outside the United States. There has been intensifying competition among global AI developers as they seek to attract paying users in India, a country with one […] The post Anthropic Introduces Rupee Pricing For Claude In India As AI Firms Intensify Competition In Key Growth Market appeared first on Tekedia.
Tekedia -
Trump Urges Senate to Pass Crypto Clarity Act After Graham’s Death, Links Bill to AI And China Rivalry
President Donald Trump has urged the U.S. Senate to pass the cryptocurrency market structure legislation known as the Clarity Act, framing its approval as a tribute to the late Senator Lindsey Graham while tying the measure to Washington’s broader competition with China in digital assets and artificial intelligence. Trump made the appeal in a post […] The post Trump Urges Senate to Pass Crypto Clarity Act After Graham’s Death, Links Bill to AI And China Rivalry appeared first on Tekedia.
Tekedia -
JP Morgan And Other Major Banks Partner to Launch Massive Tokenization Push in Britain
In a significant development for the future of finance, JPMorgan, Goldman Sachs, BlackRock, Coinbase, and over 50 other major firms have partnered to develop practical tokenization use cases across the United Kingdom. This collaboration signals a strong push by traditional financial institutions toward blockchain technology, aiming to modernize how assets are issued, traded, and managed […] The post JP Morgan And Other Major Banks Partner to Launch Massive Tokenization Push in Britain appeared first on Tekedia.
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Microsoft CEO Satya Nadella Takes Aim at AI Labs Over Model Training, Calls Distillation Restrictions ‘Hypocritical’
Microsoft CEO Satya Nadella has criticized the business practices of leading artificial intelligence developers, arguing that frontier AI companies are applying a double standard by relying on publicly available data to train their models while restricting others from using distillation techniques to build competing systems. In a post on X on Sunday, Nadella questioned what […] The post Microsoft CEO Satya Nadella Takes Aim at AI Labs Over Model Training, Calls Distillation Restrictions ‘Hypocritical’ appeared first on Tekedia.
Tekedia -
OpenAI Acquires Tensorpool and Tekedia Capital Says Goodbye to Tensorpool
In the Igbo Nation, it takes the killing of just one leopard to earn the title “killer of leopards”. Today, the rains continue to fall with blessings upon the Tekedia Capital community. The post OpenAI Acquires Tensorpool and Tekedia Capital Says Goodbye to Tensorpool appeared first on Tekedia.
Tekedia -
China’s economic growth seen slowing in the second quarter as weak domestic demand raises stimulus expectations
China’s economy is expected to have lost momentum in the second quarter as soft consumer spending, weak private investment and a prolonged property downturn outweighed the benefits of resilient exports, bolstering expectations that Beijing will roll out additional fiscal support in the second half of the year. A Reuters poll of 54 economists forecasts that […] The post China’s economic growth seen slowing in the second quarter as weak domestic demand raises stimulus expectations appeared first on Tekedia.
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Samsung Speeds Up Yongin AI Chip Plant by Up to Two Years as South Korea Races to Expand Semiconductor Capacity
Samsung Electronics said on Monday it will accelerate the launch of its first semiconductor fabrication plant in Yongin, bringing forward the start of operations to 2029 from the previously expected 2030-2031 timeframe as it races to expand production capacity for artificial intelligence memory chips. The decision follows intensifying global competition among chipmakers to meet soaring […] The post Samsung Speeds Up Yongin AI Chip Plant by Up to Two Years as South Korea Races to Expand Semiconductor Capacity appeared first on Tekedia.
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Treasury Yields Hold Steady as U.S.-Iran Escalation Clouds Fed Outlook; Oil Climbs, Gold Falls and Dollar Gives Up Early Gains
U.S. Treasury yields were little changed on Monday as investors weighed renewed military escalation between the United States and Iran against a packed week of economic data that could reshape expectations for Federal Reserve policy. The benchmark 10-year Treasury yield was broadly unchanged at 4.473%, while the two-year yield, which is more sensitive to monetary […] The post Treasury Yields Hold Steady as U.S.-Iran Escalation Clouds Fed Outlook; Oil Climbs, Gold Falls and Dollar Gives Up Early Gains appeared first on Tekedia.
Tekedia -
Nigeria’s Nearpays Becomes First African Startup to Win the UN’s AI for Good Innovation Factory
Nigerian fintech Nearpays has won the AI for Good Innovation Factory grand finale — the first African startup ever to take the global title in the competition, which runs as part of the United Nations’ AI for Good Global Summit. The competition drew more than 500 startups worldwide, each pitching AI solutions aimed at social […] The post Nigeria’s Nearpays Becomes First African Startup to Win the UN’s AI for Good Innovation Factory appeared first on Tech In Africa.
Tech In Africa -
Alliance-Backed Timon Pushes Into Kenya After Passing 100,000 Users
Timon, a stablecoin-powered travel payments startup, is scaling up its Kenyan operations after crossing 100,000 users across Africa — a milestone that underscores rising demand for cross-border financial tools built for Africans who increasingly earn, live, and travel internationally. The expansion follows fresh backing from Alliance, one of the world’s leading accelerators for crypto startups. […] The post Alliance-Backed Timon Pushes Into Kenya After Passing 100,000 Users appeared first on Tech In Africa.
Tech In Africa -
Kuramo Capital Closes ~$500M in Mandates Anchored by African Pension Funds
Tech In Africa -
Jordan’s Entrepreneurship Fund Commits $5M to STV to Build a Jordan–Saudi AI Corridor
Tech In Africa -
Flutterwave Secures Investment from Circle Ventures as It Expands USDC Payments and Settlement Across Africa
Tech In Africa -
Kenyan court holds banks, telcos liable over $34,000 SIM swap fraud
TechCabal -
Michael Saylor Highlights Capital Flows and Protocol Stability as Key to Bitcoin’s Future
Michael Saylor recently outlined a strategic vision for the next decade of digital asset evolution and macroeconomic integration. His analysis suggests that long-term network growth will depend significantly on the stability and security of the foundational protocol layer, while financial ecosystem expansion shifts toward global capital markets, credit networks, and institutional integration. This perspective represents […] The post Michael Saylor Highlights Capital Flows and Protocol Stability as Key to Bitcoin’s Future appeared first on Tekedia.
Tekedia -
Japan to Expand GPIF’s Alternative Investments as Govt. Pushes Broader Overhaul of $1.8tn Pension Portfolio
Japan is preparing to significantly increase the share of private equity, real estate and other alternative assets held by the Government Pension Investment Fund (GPIF), according to a Nikkei report, marking another step in the government’s effort to reshape the investment strategy of the world’s largest pension fund. The planned shift comes as Tokyo seeks […] The post Japan to Expand GPIF’s Alternative Investments as Govt. Pushes Broader Overhaul of $1.8tn Pension Portfolio appeared first on Tekedia.
Tekedia -
Majority of Americans Back Public Ownership of AI Companies Through Sovereign Wealth Fund, a survey finds
A majority of Americans support giving the public a direct ownership stake in the country’s largest artificial intelligence companies, reflecting growing concerns that the economic benefits of the AI boom are becoming concentrated among a handful of technology firms while workers bear the costs of job displacement. A new national survey by research firm Verasight […] The post Majority of Americans Back Public Ownership of AI Companies Through Sovereign Wealth Fund, a survey finds appeared first on Tekedia.
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Musk, Altman Reignite Feud As AI Rivalry Escalates After Latest Model Launches And Apple Lawsuit
The long-running feud between Elon Musk and OpenAI Chief Executive Officer Sam Altman flared up again over the weekend, with both entrepreneurs exchanging personal attacks on social media just days after unveiling competing artificial intelligence models and amid Apple’s lawsuit accusing OpenAI of trade secret theft. The latest public clash escalates the increasingly fierce rivalry […] The post Musk, Altman Reignite Feud As AI Rivalry Escalates After Latest Model Launches And Apple Lawsuit appeared first on Tekedia.
Tekedia -
AI Is Transforming HR: Here’s Why You Can’t Afford to Miss Future HR Summit 2026
HR leaders have never faced a more complex set of challenges. Artificial intelligence is reshaping jobs, skills shortages continue to intensify, employee expectations are evolving, hybrid work has become the norm, and organisations are under pressure to improve productivity while protecting employee wellbeing. At the same time, HR departments are expected to deliver strategic business […]
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