Samsung Electronics on Tuesday denied a report that it is exploring a U.S. listing through American Depositary Receipts (ADRs), pushing back against speculation that South Korea’s largest company could follow rival SK Hynix into American capital markets after the latter’s record-breaking Nasdaq debut. “Samsung Electronics is not reviewing the possibility of issuing American Depositary Receipts,” […] The post Samsung Rejects Report It Is Exploring U.S. ADR Listing After SK Hynix’s Record Nasdaq Debut appeared first on Tekedia.

U.S. Treasury yields rose on Tuesday while oil prices extended their sharp rally and gold recovered modestly, as investors positioned for a potentially more hawkish Federal Reserve amid escalating geopolitical tensions in the Middle East. President Donald Trump’s proposal to impose shipping fees on vessels transiting the Strait of Hormuz and reinstate a blockade of […] The post Treasury Yields Climb, Gold Edge Higher, Oil Extends Rally as Trump’s Hormuz Measures Stoke Inflation Fears appeared first on Tekedia.

Chinese regulators have instructed some banks not to conduct bill re-discount transactions below an interest rate of 0.5%, stepping up efforts to curb aggressive trading activity in the country’s commercial paper market as weak demand for loans continues to distort credit conditions. The guidance, disclosed to Reuters by sources familiar with the matter on Tuesday, […] The post China Moves to Curb Ultra-Low Bill Rates As Weak Loan Demand Distorts Credit Market appeared first on Tekedia.

China’s trade growth accelerated sharply in June, as the global artificial intelligence investment boom and a rush to beat looming U.S. tariffs power the country’s export engine even as its domestic economy continues to struggle with weak consumption, falling investment and a prolonged property downturn. Exports posted their strongest growth in nearly four years, driven […] The post China’s Exports Surge to Nearly Four-Year High in June as AI Boom and Tariff Rush Mask Weak Domestic Economy appeared first on Tekedia.

How to Protect Children’s Data Online in 2026: A Parent’s Complete Guide Your child’s first digital footprint may have been created before they could even speak. From baby photos shared… TechCity

5 Phone Habits Ruining Your Sleep in 2026 (And How to Fix Them) You’re tired. You know you should be asleep. But before putting your phone down, you decide to check… TechCity

Private credit has emerged as one of the fastest-growing segments of global finance, expanding far beyond its traditional role of lending to middle-market companies. Increasingly, private credit firms are turning their attention to consumer debt, including credit card receivables, personal loans, auto loans, and buy-now-pay-later financing. This shift reflects investors’ search for higher yields in […] The post The Rising Risks of Consumer Debt in the Private Credit Market appeared first on Tekedia.

A broad coalition of U.S. business organizations is pressing Congress to remove a controversial provision from the Senate’s annual defense policy bill that would prohibit Pentagon contractors from conducting stock buybacks or paying dividends without approval from the Defense Department. The proposal, known as Section 815, has emerged as one of the most contentious corporate […] The post U.S. Chamber of Commerce, Business Groups Urge Senate to Scrap Pentagon Contractor Buyback Restrictions from Defense Bill appeared first on Tekedia.

India’s largest asset manager, SBI Funds Management, has raised 26.63 billion rupees ($278.5 million) from anchor investors ahead of its $1.2 billion initial public offering (IPO), drawing support from major sovereign wealth funds and global institutional investors in one of India’s biggest equity listings of the year. The strong anchor book, led by sovereign investors […] The post SBI Funds Secures $279m Ahead Of $1.2bn IPO As Sovereign Wealth Funds Back India’s Largest Asset Manager appeared first on Tekedia.

President Donald Trump’s proposal to impose a 20% fee on cargo transiting the Strait of Hormuz, combined with the collapse of the interim U.S.-Iran agreement, is accelerating one of the Gulf’s biggest strategic infrastructure shifts in decades as oil-producing nations race to reduce dependence on the world’s most important energy chokepoint. The renewed conflict has […] The post Gulf Nations Are Building Alternate Oil Export Infrastructure Following Trump’s 20% Hormuz Transit Fee Threat appeared first on Tekedia.

BHP is facing its biggest labor disruption in more than three decades after hundreds of workers at its Port Hedland iron ore operations confirmed they will stage an eight-hour strike on Thursday, escalating a dispute that could test Australia’s largest miner’s ability to keep exports flowing from one of the world’s busiest bulk commodity terminals. […] The post BHP Faces Biggest Labor Disruption In Decades As Port Hedland Strike Threatens Iron Ore Exports appeared first on Tekedia.

Microsoft’s decision to lay off approximately 4,800 employees, representing around 2.1% of its global workforce, highlights the increasingly complex reality facing the technology sector. Despite strong revenues, significant investments in artificial intelligence, and a dominant position in enterprise software and cloud computing, the company has joined a growing list of major tech firms implementing workforce […] The post Microsoft Offers Up to 39 Weeks of Pay in Latest Round of Layoffs appeared first on Tekedia.

New York has become the first U.S. state to temporarily halt the construction of large new data centers, marking a significant shift in the debate over the infrastructure needed to support the artificial intelligence boom. The one-year moratorium emerged from growing concerns that the rapid expansion of AI facilities is straining electricity grids, increasing utility […] The post New York Becomes First U.S. State To Halt Major AI Data Center Construction, Boosting Case For Elon Musk’s Space-Based Infrastructure Vision appeared first on Tekedia.

Anthropic’s astonishing rise to an implied $1.2 trillion valuation on secondary markets has transformed the company from a leading artificial intelligence startup into one of the most anticipated public offerings in modern financial history. If this valuation holds through its eventual initial public offering (IPO), Anthropic could join an exclusive club of trillion-dollar companies and […] The post The Valuation Tests for Trillion-Dollar AI Companies appeared first on Tekedia.

Apple escalated its legal battle with OpenAI on Friday, accusing the artificial intelligence company of orchestrating a years-long campaign to obtain confidential trade secrets from current and former Apple employees in what the iPhone maker describes as a systematic effort directed by senior leadership to accelerate OpenAI’s hardware ambitions. The 41-page complaint, filed in federal […] The post ‘Show-And-Tell’ Of Confidential iPhone Technology, And Other Serious Trade Secret Theft Apple’s Lawsuit Accuses OpenAI of appeared first on Tekedia.

Europe is facing mounting economic and social pressures, with two recent developments highlighting the challenges confronting the continent. The warning from Daimler Truck’s leadership about the future of Europe’s industrial sector and the alarming rise in drowning deaths in Germany during June reveal broader concerns about economic competitiveness, public safety, and climate-related risks. Daimler Truck’s […] The post Europe at a Crossroads: Industrial Decline and Emerging Social Challenges appeared first on Tekedia.

The post Senegal Mobilises $50 Million to Plug the Pre-Seed Funding Gap in Francophone West Africa appeared first on Tech In Africa.

America’s largest banks are heading into earnings season with considerable momentum, and Wall Street is expecting a strong second quarter from the financial sector. Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, and Wells Fargo are set to release their results on Tuesday, followed by Morgan Stanley on Wednesday. Early expectations suggest that the biggest […] The post JPMorgan, Goldman Sachs, and Citigroup Lead Anticipated Banking Rally appeared first on Tekedia.

European defence technology company Helsing has secured an impressive $1.8 billion in fresh funding, one of the largest financing rounds ever achieved by a European start-up. The investment pushes the company’s valuation to approximately $18 billion and highlights the growing importance of defence innovation amid rising geopolitical tensions and changing security priorities across Europe. Founded […] The post Helsing’s $1.8 Billion Funding Round Signals a New Era for European Defence Technology appeared first on Tekedia.

Tomorrow Foundation, the non-profit organisation empowering the next generation of leaders and innovators across Africa and the Middle East, has signed a new three-year partnership with Thunderbird School of Global Management and Arizona State University to deliver the 100 Million Learners Initiative in Nigeria. The initiative equips the country’s young generation with the entrepreneurial, leadership, […]

Digital payments may be accelerating the growth of West Africa’s economy, but with new fraud tactics emerging, organisations are increasingly relying on omnichannel communication to protect both customers and brands. Criminals are resorting to phishing scams, spoof calls and SIM swaps to exploit gaps in the system. In this increasingly sophisticated landscape, it is little […]

South Africans have saved R12.5 million on groceries while preventing 200,000 meals from ending up in landfill through Refreshi, a local startup that built a surplus-food marketplace that has expanded from just 35 partner stores to 700 nationwide in the space of a year. The startup has released its very first annual Grocery Savings Impact Report, revealing […]

Ethio telecom Chief Executive Officer, Frehiwot Tamru, and Huawei Northern Africa President, Mr. Li Shen, together with their executive leadership teams, held high-level strategic discussions to further strengthen their long-standing strategic partnership and accelerate the growth of Ethiopia’s Enterprise and Small & Medium Enterprise (SME) markets through innovative digital solutions. The discussions were aligned with […]

For the past decade, FNB’s nav» ecosystem has evolved from a financial management tool into a comprehensive platform designed to help South Africans navigate life’s biggest financial decisions. Marking its tenth anniversary, FNB has unveiled two new offerings—nav» Youth and nav» Payroll—as customer demand shifts beyond traditional banking towards practical tools that support financial wellbeing, […]

Spiro Kenya, has signed a one-year partnership agreement with Gor Mahia Football Club, becoming the club’s Official Electric Mobility Partner for the 2026/27 season. The partnership brings together Kenya’s largest electric mobility company and Kenya’s most successful football club in a collaboration that seeks to leverage the reach and influence of football to engage communities, […] The post Spiro Kenya Partners with Gor Mahia Football Club (FC) to Drive Electric Mobility Adoption in Kenya appeared first on Tech In Africa.

The appointment suggests that the unicorn is moving from securing a regulatory foothold in East Africa’s biggest economy to building a banking business.

As organizations across Africa accelerate modernization, many are moving beyond basic transformation toward building AI-enabled, agentic enterprises. WSO2 is expanding its presence across the continent to help enterprises modernize legacy systems, unlock data, and create intelligent digital experiences. Ahead of WSO2Con Africa 2026 in Nairobi, Kenya, WSO2’s Vice President and General Manager for Africa Dinal […]

German automotive supplier and semiconductor manufacturer Bosch has begun sample production at its first U.S. semiconductor facility, marking a major milestone in its effort to localize chip manufacturing and strengthen North America’s automotive supply chain after the disruptions exposed by the COVID-19 pandemic. The company also finalized a $225 million funding agreement with the U.S. […] The post Bosch Launches Sample Production At First U.S. Chip Plant, Deepens Domestic Semiconductor Push With $7.5bn Investment Plan appeared first on Tekedia.

The decentralized finance ecosystem has once again been reminded of its persistent security challenges following the exploitation of Hedera’s leading lending protocol, resulting in losses estimated at approximately $9 million. The incident represents another significant setback for the rapidly evolving blockchain sector, where innovation often moves faster than the security frameworks designed to protect user […] The post Hedera Security Under Scrutiny After $9 Million DeFi Exploit appeared first on Tekedia.

Germany’s industrial landscape is undergoing a period of profound transformation, highlighted by two major developments: the Schwedt oil refinery’s successful receipt of South American crude via Poland and Volkswagen’s warning that as many as 50,000 jobs could be at risk amid growing tensions with workers. These events underscore the economic and geopolitical challenges facing Europe’s […] The post Schwedt Refinery Secures New Oil Supplies as Volkswagen Warns of Massive Job Cuts appeared first on Tekedia.

Microsoft CEO Satya Nadella has once again stirred debate in the artificial intelligence industry by making comments widely interpreted as a subtle criticism of leading AI model developers such as Anthropic and other frontier AI laboratories. While Nadella did not directly mention any company by name, his remarks highlighted a growing divide within the AI […] The post AI Monetization Takes Center Stage as Competition Intensifies appeared first on Tekedia.

JPMorgan Chase CEO Jamie Dimon has offered his clearest indication yet of what he intends to do after eventually stepping down from the bank, saying he could write books, teach, or pursue media-related work while firmly dismissing speculation that he could enter politics. This comes just weeks after JPMorgan gave investors its strongest signal yet […] The post Jamie Dimon Hints At Plans for Life After JPMorgan, Rules Out White House Run appeared first on Tekedia.

President Donald Trump has called on the Senate to pass the Digital Asset Market Clarity Act, a significant piece of legislation aimed at bringing regulatory certainty to the cryptocurrency industry in the United States. In a post on Truth Social, Trump described blockchain-based finance and tokenization as a major financial transformation and warned that countries […] The post Trump Urges Senate to Pass Crypto Clarity Act as U.S. Regulatory Framework Nears Completion appeared first on Tekedia.

Zambia’s upcoming election represents a defining moment in the country’s democratic journey and economic transformation. Coming after several years of ambitious reforms under President Hakainde Hichilema, the vote is being closely watched both domestically and internationally. The election is not only about choosing political leadership but also about determining whether Zambia will continue on its […] The post Significance of Zambia’s Election for Emerging Market Economies appeared first on Tekedia.