Chinese automakers are accelerating their overseas expansion as weak domestic demand pushes exports to a record pace, with BYD and Geely among the manufacturers posting fresh export highs. China’s passenger-vehicle exports remained exceptionally strong in August, highlighting the growing importance of overseas markets for the country’s automakers as sales at home declined for an 11th […] The post China’s Auto Exports Surge 77.5% Even as Domestic Sales Fall for 11th Straight Month appeared first on Tekedia.

French President Emmanuel Macron has called on the European Commission to introduce an EU-wide ban on social media access for children under 15, seeking to revive a policy that failed to take effect in France and turn it into a bloc-wide rule. In a letter dated Aug. 29 to European Commission President Ursula von der […] The post French President Macron Pushes EU-Wide Social Media Ban for Children Under 15 appeared first on Tekedia.

Jaguar Land Rover is cutting around 4,000 jobs over the next two years, or nearly 10% of its global workforce, as Britain’s largest carmaker launches a major cost-reduction drive to counter intensifying Chinese competition, U.S. tariffs, the fallout from a damaging cyberattack and the high cost of transforming its vehicle lineup. The luxury automaker, owned […] The post Jaguar Land Rover to Cut 4,000 Jobs as Chinese Rivals, Trump Tariffs and Cyberattack Bite appeared first on Tekedia.

Hapag-Lloyd is working with the Israeli government to revise its proposed $4.2 billion cash acquisition of ZIM Integrated Shipping Services, seeking to overcome national-security objections that have placed the German shipping group’s planned takeover under intense political pressure. Hapag-Lloyd said Monday that it had held several rounds of discussions with Israeli officials, including representatives from […] The post Hapag-Lloyd Revises $4.2 Billion ZIM Deal to Address Israel Security Concerns appeared first on Tekedia.

Salesforce is emerging as one of the biggest winners from Meta’s decision to migrate its internal workplace communications from Workplace to Slack, highlighting how corporate technology decisions can create ripple effects far beyond the companies directly involved. Meta’s move is significant because Workplace, the enterprise collaboration platform operated by Meta, was once positioned as a […] The post Salesforce Wins as Meta Migrates From Workplace to Slack appeared first on Tekedia.

The crisis engulfing Good Good, one of YouTube’s most prominent golf collectives, has taken another dramatic turn with the resignation of its president and chief executive officer. According to a memo obtained exclusively by Business Insider, the departures mark the latest development in a controversy that has rapidly evolved from an advertising dispute into a […] The post Good Good Golf CEO Resigns as Advertising Controversy Deepens appeared first on Tekedia.

Meta CEO Mark Zuckerberg has entered an increasingly consequential debate over how the United States should regulate artificial intelligence, reportedly telling President Donald Trump that he opposed the creation of a national AI regulator. According to a senior White House official familiar with the conversation, Zuckerberg made his position clear during a previously unreported call […] The post Trump, Zuckerberg and the Fight Over AI Regulation appeared first on Tekedia.

Côte d’Ivoire has become one of West Africa’s most dynamic digital markets. A young population, wider access to smartphones and the expansion of mobile payment services are changing how people communicate, consume media and interact with online products. This transformation is particularly visible in digital entertainment. Instead of relying on desktop computers or traditional media […] The post How Mobile-First Digital Entertainment Is Evolving in Côte d’Ivoire appeared first on Tekedia.

Kenya illustrates the problem. Successive governments have spent years extending the national grid, including through the Last Mile Connectivity and rural electrification programmes. But Gitonga points to populations whose lifestyles make it particularly difficult to implement conventional electrical infrastructure.

EU regulator says incident reports must be precise as scrutiny intensifies over autonomous AI systems and their ability to evade controls OpenAI has submitted an incident report to the European Commission after a swarm of its artificial intelligence agents hijacked a German website and repurposed it as a communication platform for other AI agents, adding […] The post OpenAI Reports Rogue AI Agent Incident to European Commission appeared first on Tekedia.

U.S. President Donald Trump has threatened to shut Canadian business jet maker Bombardier out of the U.S. market unless the company begins manufacturing aircraft in the United States, escalating an already tense trade dispute between Washington and Ottawa. “NO MORE SELLING BOMBARDIER IN THE UNITED STATES! Their products aren’t good enough!” Trump said Monday in […] The post Trump Threatens to Block Bombardier Jets From U.S. Market Unless Canada-Based Maker Builds in America appeared first on Tekedia.

August 3 marks the date that Flutter Entertainment officially left the London Stock Exchange. While this has raised questions over the future performance of Flutter stock and its FanDuel brand, we need to look more closely at the market to understand how this fits in the overall growth plans for FanDuel. The Full Story of the […] The post What Does Flutter Leaving the London Stock Exchange Mean for FanDuel’s Growth appeared first on Tekedia.

Before AI, making a video ad meant you had to scout locations, set up a shoot, and piece it all together in the edit. As a small business, it was nearly impossible to afford this process at scale. Fortunately, AI video tools are starting to change that, and BuzzHooks is one of the best options. […] The post Create Better Video Ads in Minutes with BuzzHooks appeared first on Tekedia.

Artificial intelligence is rapidly transforming medicine, creating extraordinary possibilities for diagnosing diseases, discovering drugs and personalizing healthcare. Yet the enthusiasm surrounding AI has also produced increasingly ambitious predictions about its ability to eliminate disease. Demis Hassabis, co-founder of Google DeepMind, captured this optimism when he suggested on “60 Minutes” that humanity could potentially cure all […] The post AI Can Transform Medicine, But It Cannot Cure Human Nature appeared first on Tekedia.

The latest American jobs data is challenging one of the most persistent assumptions surrounding artificial intelligence: that young workers will be among the first and biggest casualties of automation. While AI is undoubtedly disrupting companies, occupations and traditional career paths, the labour market is telling a more complicated story. Rather than simply destroying jobs, AI […] The post Young Workers Defy Fears as AI Creates 1 Million Jobs in America appeared first on Tekedia.

Canada’s decision to impose retaliatory tariffs on American goods marks a significant escalation in the trade dispute between the two North American neighbours. The measures, introduced under Prime Minister Mark Carney, are designed to match the tariffs imposed by the United States after trade negotiations broke down. While President Donald Trump’s position is that the […] The post Canada’s Tariffs Challenge America’s Trade Leverage appeared first on Tekedia.

Introduction In 2022, I wrote a piece titled “Cloud Heavy: Data Computing & Protection”, arguing that proponents of data sovereignty and data localisation would, sooner or later, win the policy argument. At the time, it was a forward-looking observation rather than a live compliance issue: cloud computing was expanding across Nigerian businesses faster than the […] The post CBN Data Localisation Deadline: What to Check Before Signing a Cloud Service Agreement appeared first on Tekedia.

U.S. Senator Cynthia Lummis issued a stark warning this week stating that failure to pass the Digital Asset Market Clarity Act during the current Congress would push the next realistic opportunity for comprehensive cryptocurrency market structure legislation to 2030. In a post on X, Lummis stated, “If the Clarity Act doesn’t pass this Congress, the […] The post “No Clarity Act This Congress Means Waiting Until 2030” – Senator Lummis Warns appeared first on Tekedia.

Reserves fall 6.18% in August as Tokyo’s dollar-selling interventions and rising global bond yields weigh on holdings Japan’s foreign-exchange reserves recorded their sharpest monthly decline since comparable records began in 2000, falling 6.18% in August as Tokyo’s efforts to support the yen coincided with a selloff in global government bonds. Reserves stood at $1.207 trillion […] The post Japan’s Foreign Reserves Suffer Record Drop as Yen Intervention Intensifies appeared first on Tekedia.

The European Central Bank (ECB) is approaching another potentially consequential interest-rate decision as policymakers confront an increasingly difficult economic environment. At Thursday’s meeting, markets expect the ECB to raise interest rates by another quarter of a percentage point, following a similar increase in June. The expected move reflects growing concern that inflation is proving more […] The post ECB Interest Rate Hike: Rising Inflation and Bond Yields Put Europe on Alert appeared first on Tekedia.

China is preparing to inject up to 360 billion yuan ($53.6 billion) into major state-owned insurers and banks, a move analysts say could ease solvency pressures on the insurance sector and give Beijing greater scope to channel long-term institutional capital into the stock market. Five state-owned insurers and three banks announced plans on Sunday to […] The post China’s $53.6 Billion Insurer Recapitalization to Unlock More Stock-Market Investment – Analysts Say appeared first on Tekedia.

Taiwanese electronics manufacturer Wistron Corp, a key supplier to Nvidia, is seeking to raise as much as $1.48 billion from international investors as it expands production to meet surging demand for artificial intelligence servers and related hardware. Wistron launched an offering of 25 million global depositary shares (GDS), each representing 10 of the company’s common […] The post Nvidia Supplier Wistron Seeks Up to $1.48bn from Investors as AI Server Demand Surges appeared first on Tekedia.

Abu Dhabi expands ports, pipelines and alternative trade corridors as Gulf states seek greater economic and security autonomy from the Strait of Hormuz The United Arab Emirates is accelerating efforts to develop alternative routes for energy exports and international trade, seeking to ensure that its economy is not held hostage by the continuing conflict between […] The post “Our Energy Exports Will Not Be Held Hostage:” UAE Accelerates Move to Reroute Energy Exports as Iran War Exposes Gulf Vulnerabilities appeared first on Tekedia.

German rocket maker Isar Aerospace has reached orbit for the first time, marking a major step forward for Europe’s effort to build an independent commercial launch industry and challenge the dominance of U.S. providers such as SpaceX. The Munich-based company’s Spectrum rocket reached low Earth orbit on Saturday and successfully deployed its payloads during its […] The post Europe’s Isar Aerospace Reaches Orbit, Setting Commercial Space Challenge with SpaceX appeared first on Tekedia.

Good People, I am pleased to announce that Contisx Securities Exchange Plc, which is scheduled to launch next month, has received its eighth patent from the Federal Republic of Nigeria. Presented below are the eight patents issued to the Exchange.   System and Method for Structuring, Issuing, Trading, and Settling Standardized Economic Instruments Representing Real-World […] The post 8 Patents Issued by Federal Republic of Nigeria to Contisx appeared first on Tekedia.

The Best Budget Laptops for Students Right Now A good student laptop doesn’t need to cost a fortune. For most students, a laptop needs to handle… TechCity

Escalating attacks on tankers threaten a wider oil shock as investors also confront rising U.S. borrowing costs and mounting fiscal pressures Oil prices hovered near six-week highs on Monday as escalating attacks involving the United States and Iran disrupted commercial shipping through the Strait of Hormuz, raising the prospect of a more severe energy-supply shock […] The post Oil Near $98 as Hormuz Attacks Deepen Supply Risks and Treasury Yields Face 4.8% Test appeared first on Tekedia.