Naija News Feed
Technology
National Attention Turns to Trump’s Speech on 2020 Election Allegations
U.S. President Donald Trump is scheduled to address the nation on Thursday at 9 p.m. Eastern Time regarding newly declassified information related to alleged irregularities in the 2020 presidential election. The announcement has already generated significant political interest, with supporters and critics alike closely watching for details about the documents and their potential implications. The […] The post National Attention Turns to Trump’s Speech on 2020 Election Allegations appeared first on Tekedia.
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Meta’s Alleged Use of AI in Layoff Decisions Raises Ethical Concerns
A recent report alleging that Meta used artificial intelligence software to identify employees with medical issues during workforce reductions has reignited concerns about the growing role of AI in corporate decision-making. If proven true, the claims would represent a troubling intersection of technology, privacy, and labor rights, raising fundamental questions about how companies should deploy […] The post Meta’s Alleged Use of AI in Layoff Decisions Raises Ethical Concerns appeared first on Tekedia.
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Trump Administration Launches AI Cybersecurity Coordination Network to Protect Critical Infrastructure
The Trump administration has formally launched a new cybersecurity coordination initiative that brings together leading artificial intelligence developers and operators of critical infrastructure to identify, share, and respond to software vulnerabilities uncovered by powerful AI systems, marking another step toward a more active federal role in AI oversight. The White House said the initiative implements […] The post Trump Administration Launches AI Cybersecurity Coordination Network to Protect Critical Infrastructure appeared first on Tekedia.
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Global Markets Brace for Impact as Trump Targets Strait of Hormuz Shipping
The escalating confrontation between the United States and Iran has entered a dangerous new phase, with President Donald Trump reportedly proposing a 20% cargo fee on all shipments passing through the Strait of Hormuz while simultaneously formally notifying Congress that the United States is at war with Iran. The move, if fully implemented, could dramatically […] The post Global Markets Brace for Impact as Trump Targets Strait of Hormuz Shipping appeared first on Tekedia.
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Hyperliquid’s Rise Signals a New Era for Decentralized Perpetual Trading
Hyperliquid has reached a significant milestone in the cryptocurrency derivatives market, capturing a record 9.1% share of aggregate perpetual futures open interest compared with centralized exchanges. The achievement marks a major shift in market structure and highlights the growing influence of decentralized finance (DeFi) platforms in areas that were once dominated almost exclusively by centralized […] The post Hyperliquid’s Rise Signals a New Era for Decentralized Perpetual Trading appeared first on Tekedia.
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Constitutional Battle Over Trump’s Tariffs and Its $81 Billion Price Tag
The United States government now faces one of the largest potential refund obligations in recent trade history after a Supreme Court ruling declared President Donald Trump’s tariffs illegal. The decision, which could require the Treasury to return approximately $81 billion in collected duties, has reignited debate over executive authority, trade policy, and the long-term consequences […] The post Constitutional Battle Over Trump’s Tariffs and Its $81 Billion Price Tag appeared first on Tekedia.
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$100 Million in Crypto Shorts Wiped Out as Inflation Data Sparks Market Rally
The cryptocurrency market experienced a dramatic surge after the latest U.S. Consumer Price Index (CPI) report revealed the largest monthly decline in inflation since 2020, triggering a massive short squeeze that erased more than $100 million in bearish crypto positions. The event once again demonstrated the close relationship between macroeconomic indicators and digital asset markets, […] The post $100 Million in Crypto Shorts Wiped Out as Inflation Data Sparks Market Rally appeared first on Tekedia.
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IBM’s 25% Stock Drop Raises Questions About Its AI and Cloud Strategy
IBM’s shares plunged nearly 25% at the market open following the release of earnings that fell short of Wall Street expectations, marking one of the company’s sharpest single-day declines in recent years. The dramatic sell-off highlights the increasingly unforgiving environment facing technology companies, where investors demand not only solid financial performance but also convincing growth […] The post IBM’s 25% Stock Drop Raises Questions About Its AI and Cloud Strategy appeared first on Tekedia.
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6 Best Sites to Buy Gift Cards Online Instantly in Nigeria (2026)
Tech City NG -
Flutterwave Teams Up With SunFintech to Simplify Cross-Border Payments And FX Across Africa
SunFintech, a Mauritius-incorporated payment intermediary, has partnered with Flutterwave to enhance cross-border payments, foreign exchange liquidity, and treasury operations across Africa. By leveraging Flutterwave’s pan-African payment infrastructure, the company aims to eliminate settlement delays, enable seamless multi-currency transactions, and build a robust treasury ecosystem to support its expansion across the continent. The partnership comes as […] The post Flutterwave Teams Up With SunFintech to Simplify Cross-Border Payments And FX Across Africa appeared first on Tekedia.
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Why Nigeria’s ntel is pivoting from telecom operator to infrastructure company
TechCabal -
Nvidia Cuts Asia’s AI Chip Customers In Half As U.S. Export Crackdown Squeezes Access
Nvidia has reportedly cut by more than half the number of Asian customers authorized to purchase its advanced artificial intelligence chips after introducing a stringent “white list” approval system. The move highlights the growing impact of U.S. export controls on the global AI supply chain and intensifies pressure on cloud providers operating across Asia. The […] The post Nvidia Cuts Asia’s AI Chip Customers In Half As U.S. Export Crackdown Squeezes Access appeared first on Tekedia.
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China’s Robotics Startup LimX Dynamics to Go Public, Joining the Country’s Humanoid Robotics Race Toward IPO
Chinese humanoid robotics startup LimX Dynamics is preparing to go public just four years after its founding, marking the extraordinary pace at which China’s embodied artificial intelligence industry is evolving as investors pour billions into one of the country’s fastest-growing technology sectors. Founder and Chief Executive Will Zhang said an initial public offering is no […] The post China’s Robotics Startup LimX Dynamics to Go Public, Joining the Country’s Humanoid Robotics Race Toward IPO appeared first on Tekedia.
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Semiconductor Startup Tylsemi Raises $43m in Seed Fund To Develop Modular Chip Tech
TYLSemi, a semiconductor startup founded by former AlphaWave executives shortly after Qualcomm acquired the company, has raised $43 million in seed funding to develop modular chip technology aimed at helping companies build custom artificial intelligence processors more quickly and at lower cost. The fundraising comes as demand for custom AI chips accelerates beyond hyperscalers such […] The post Semiconductor Startup Tylsemi Raises $43m in Seed Fund To Develop Modular Chip Tech appeared first on Tekedia.
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In Search of Unstoppable Africans, Global Africa Business Initiative (GABI) Invites Nominations from Across the Continent
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African SaaS Leader Becomes Seamless Technologies, Unveils Artificial Intelligence (AI) and Financial Solutions
Tech In Africa -
DeepSeek Eyes 2026 IPO: China’s AI Powerhouse Gears Up For Public Debut
Chinese AI firm DeepSeek is preparing to file for an initial public offering (IPO) as soon as this year, according to reports. The move marks a significant milestone for one of China’s most prominent AI startups, which has rapidly risen to prominence through its development of high-performance, cost-efficient large language models. Reactions on X suggest […] The post DeepSeek Eyes 2026 IPO: China’s AI Powerhouse Gears Up For Public Debut appeared first on Tekedia.
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China’s Smartphone Shipments Extend Decline As Higher AI-Driven Chip Costs Lift Prices: Huawei And Apple Gain Market Share
China’s smartphone market contracted for a fifth consecutive quarter in the second quarter of 2026 as rising memory chip prices, fueled by the global artificial intelligence boom, pushed handset prices higher and dampened consumer demand. The slowdown underlines that soaring AI infrastructure investment is reshaping the consumer electronics industry, with component inflation weighing on smartphone […] The post China’s Smartphone Shipments Extend Decline As Higher AI-Driven Chip Costs Lift Prices: Huawei And Apple Gain Market Share appeared first on Tekedia.
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South Korea Set for First Rate Hike in Over Three Years as Inflation, AI Boom Strengthen Case for Tightening
South Korea’s central bank is widely expected to deliver its first interest rate increase in more than three years on Thursday, marking the beginning of a new monetary tightening cycle as persistent inflation, stronger economic growth and a booming semiconductor industry reshape the country’s economic outlook. A Reuters poll conducted between July 7 and July […] The post South Korea Set for First Rate Hike in Over Three Years as Inflation, AI Boom Strengthen Case for Tightening appeared first on Tekedia.
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China’s CXMT Set For $4.35bn Shanghai Debut As Beijing Accelerates Semiconductor Ambitions
China’s leading memory chipmaker, ChangXin Memory Technologies (CXMT), is set to make its long-awaited debut on the Shanghai Stock Exchange’s STAR Market on July 27, according to two people familiar with the matter cited by Reuters. The debut will mark the biggest semiconductor listing in mainland China since SMIC’s blockbuster IPO in 2020. It comes […] The post China’s CXMT Set For $4.35bn Shanghai Debut As Beijing Accelerates Semiconductor Ambitions appeared first on Tekedia.
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South Korea Moves To Ease Funding Rules, Make It Easier For SK Hynix To Establish Joint Ventures With Outside Investors
South Korea’s ruling Democratic Party has proposed legislation that would make it easier for SK Hynix to establish joint ventures with outside investors to finance new semiconductor manufacturing plants, underscoring Seoul’s determination to strengthen its position in the global artificial intelligence supply chain. The proposed amendment follows President Lee Jae Myung’s broader strategy to transform […] The post South Korea Moves To Ease Funding Rules, Make It Easier For SK Hynix To Establish Joint Ventures With Outside Investors appeared first on Tekedia.
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Can the AT50 Index convince Africa’s biggest startups to list at home?
TechCabal -
The Hidden Career Risks of Workplace Artificial Intelligence
Artificial intelligence is rapidly becoming a permanent fixture in modern workplaces. From drafting reports and analyzing data to generating code and streamlining administrative tasks, AI tools are transforming how employees work. Companies across industries increasingly encourage, and in some cases require, workers to integrate AI into their daily routines in pursuit of higher productivity and […] The post The Hidden Career Risks of Workplace Artificial Intelligence appeared first on Tekedia.
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How to watch Galaxy Unpacked 2026 live and what to expect
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Osun 2026: This Election Is More Than a Governorship Race
As Osun State approaches the August 15, 2026 governorship election, the campaign atmosphere has moved beyond the familiar rhythms of Nigerian electoral politics. What is unfolding is not simply a contest between parties; it is a referendum on competing ideas of governance, economic management, and political legitimacy. Analysts increasingly describe the election as an “epochal […] The post Osun 2026: This Election Is More Than a Governorship Race appeared first on Tekedia.
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Swiss Watchdog Probes Google Over Android Search Choice As Europe’s Tech Crackdown Widens
Switzerland’s Competition Commission (COMCO) has launched a preliminary investigation into Google’s removal of a feature that allowed Android users to choose their preferred default search engine during device setup, adding to mounting regulatory pressure on Big Tech across Europe. The watchdog said on Tuesday it is examining whether Google’s decision to disable the “Choice Screen” […] The post Swiss Watchdog Probes Google Over Android Search Choice As Europe’s Tech Crackdown Widens appeared first on Tekedia.
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SoftBank’s Masayoshi Son Predicts $5tn Annual AI Investment by 2040, Dismisses Bubble Fears
SoftBank Group Chief Executive Masayoshi Son has delivered one of his boldest forecasts yet on the future of artificial intelligence, noting that global investment in AI infrastructure will reach an unprecedented $5 trillion annually by 2040. He also dismissed concerns about an AI bubble as a fundamental misunderstanding of the technology’s transformative potential. The projection […] The post SoftBank’s Masayoshi Son Predicts $5tn Annual AI Investment by 2040, Dismisses Bubble Fears appeared first on Tekedia.
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How Google’s Daily Brief works and how to set it up
TechCabal -
Taiwan’s Second-Largest Contract Chipmaker UMC Begins Mass Production of Silicon Photonics In Singapore
Taiwan’s United Microelectronics Corporation (UMC) has begun mass production of silicon photonics wafers at its manufacturing facility in Singapore, marking a significant step in the race to build the next generation of AI infrastructure as demand for faster and more energy-efficient data transmission accelerates. The company, Taiwan’s second-largest contract chipmaker after TSMC, said Tuesday that […] The post Taiwan’s Second-Largest Contract Chipmaker UMC Begins Mass Production of Silicon Photonics In Singapore appeared first on Tekedia.
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What is Gemini Spark, and what can it actually do for you?
TechCabal -
Bernard Beya appointed CEO of Liquid Intelligent Technologies DRC
Liquid Intelligent Technologies, a business of Cassava Technologies, has appointed Bernard Beya as Chief Executive Officer for its operations in the Democratic Republic of Congo (DRC), effective 1 April 2026. Cassava Technologies operates in more than 40 markets across Africa, the Middle East and Latin America. Through Liquid Intelligent Technologies, the group has built one […]
IT News Africa -
The Intersection of Technology, Design, and Home Improvement in Today’s Market
The way people live at home has changed for good. Amidst remote work skyrocketing, smart devices dominating living rooms and homeowners investing more money than ever into renovations… home life has changed drastically over the past 5 years. Enter the one room that combines all three of these trends- The home office. Home office cabinets […] The post The Intersection of Technology, Design, and Home Improvement in Today’s Market appeared first on Tekedia.
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SeamlessHR rebrands as Seamless Technologies to expand into AI, finance
TechCabal -
African SaaS Leader Becomes Seamless Technologies, Unveils AI and Financial Solutions
African SaaS Leader Becomes Seamless Technologies, Unveils AI and Financial Solutions SeamlessHR, a leading African HR technology company, today announced its evolution into Seamless Technologies, a strategic transition driven… TechCity
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Preparing Africa’s data centres for the demands of autonomous AI
Artificial Intelligence (AI) is no longer a futuristic concept; it is rapidly becoming the backbone of modern business and society. Yet the conversation cannot stop at ChatGPT and other chat-based tools. The next wave of innovation lies in agentic AI and fully integrated applications, systems capable of autonomous decision-making and seamless orchestration across industries. For […]
IT News Africa -
Deepfake fraud: $3.7B lost, 47% scams originated on social media platforms
Deepfakes have moved past being a novelty — they’re now a hidden danger in everything from social posts to phone calls. Surfshark’s study reveals that to this day, people have lost at least $3.7B to deepfake fraud. An investigation into the origins of these scams reveals social media is the leading threat, accounting for 47% […]
IT News Africa -