Donald Trump on Saturday called on countries that rely on Middle Eastern oil to deploy naval forces to help keep the Strait of Hormuz open, as tensions escalate amid ongoing U.S. and Israeli attacks on Iran and Tehran’s retaliatory operations in the region. The U.S. president said nations that benefit from the crucial maritime corridor […] The post Trump Urges Global Naval Coalition To Secure Strait Of Hormuz As Iran Conflict Threatens Energy Lifeline appeared first on Tekedia.

Creditors to Thames Water have offered to inject 3.35 billion pounds ($4.43 billion) in fresh equity into Britain’s largest water utility, escalating efforts to secure a private-sector rescue and prevent the company from slipping into government control. The proposal, submitted to regulator Ofwat within the past 10 days, forms part of a revised recapitalization plan […] The post British Thames Water Creditors offer £3.35bn Rescue in Last-ditch Bid to Avoid Nationalization appeared first on Tekedia.

Strategy Inc. formerly known as MicroStrategy, ticker MSTR has shattered records with its STRC (Variable Rate Series A Perpetual Stretch Preferred Stock) program. STRC achieved an extraordinary trading session, with 7.3 million shares traded—all clearing the activation threshold for the at-the-market (ATM) offering. This represented 471% of the average daily volume and nearly doubled the […] The post Strategy’s STRC Achieves Extraordinary Trading Session with 7.3M Shares Traded appeared first on Tekedia.

Meta Platforms is weighing sweeping layoffs that could affect 20% or more of its workforce as the social media giant attempts to manage the enormous costs of building artificial intelligence infrastructure. The move is believed to be a part of the conglomerate’s preparation for a future in which AI systems perform many tasks once handled […] The post Meta Reportedly Weighs Layoffs of Up to 20% of Workforce as AI Spending Surge Forces Strategic Reset appeared first on Tekedia.

Google has invested $1 million in an animation startup developing artificial intelligence-powered children’s content, a move that underscores growing concern inside YouTube over the explosion of low-quality AI-generated videos on the platform. The funding, provided through Google’s AI Futures Fund, will support Animaj, a digital animation studio that focuses on children’s programming. In addition to […] The post Google backs AI animation studio with $1m to improve kids’ content on YouTube as platform battles rise of “AI slop” appeared first on Tekedia.

Banks across China are accelerating a major shift in credit allocation toward artificial intelligence, advanced manufacturing, and other strategic technologies as Beijing pushes the financial system to support a sweeping transformation of the country’s economic model. Bankers say the redirection of loans toward innovation-driven sectors is already underway and is expected to intensify following policy […] The post China Orders Banks to Ramp Up Lending to AI and High-Tech Firms as Beijing Rewires Credit appeared first on Tekedia.

Tesla Chief Executive Elon Musk said the company’s long-discussed “Terafab” project aimed at producing artificial intelligence chips will launch within seven days, signaling a major step in the electric vehicle maker’s effort to secure the computing power needed for its autonomous driving ambitions. Musk disclosed the timeline on Saturday, offering one of the clearest indications […] The post Tesla’s ‘Terafab’ AI Chip Project to Launch in Seven Days as Musk Eyes Vertical Integration for Autonomous Vehicles appeared first on Tekedia.

Geopolitical conflicts often produce two simultaneous crises. One unfolds on the battlefield. The other spreads through the global information environment. The tensions between the United States, Israel, and Iran demonstrate how these two crises interact in the modern world. While military developments shape the strategic landscape, global public reaction reveals a deeper problem. The world […] The post US–Israel–Iran War: World Remains in Information Shock as Economic Growth Uncertainties Rise appeared first on Tekedia.

Backpack, the Solana-based crypto exchange and wallet, known for Mad Lads NFTs and points farming has officially announced its Token Generation Event (TGE) for March 23, 2026. This marks the launch of their native token likely $BACKPACK or $BP, with the initial on-chain issuance, circulating supply setup, and potential trading on DEXes and exchanges following. Tokenomics […] The post Backpack Announces Token Generation Event (TGE) for March 23 2026 appeared first on Tekedia.

Trends went live on Zora’s website http://zora.co and in their app. This feature allows users to launch and trade markets as unique, tokenized coins around any topic, meme, moment, idea, celebrity, or cultural trend. It’s built on the Base network integrating seamlessly with Zora’s existing creator coins and posts experience. Free to launch and create […] The post Trends Went Live on Zora’s Infura, Allowing Users to Launch and Trade Outcomes on Events, Amid TOKEN2049 Dubai Postponement appeared first on Tekedia.

BlackRock’s iShares Staked Ethereum Trust ETF (ticker: ETHB) has officially gone live. Trading began on Nasdaq on March 12, 2026, marking BlackRock’s first cryptocurrency product to incorporate staking rewards. This new ETF provides investors with direct exposure to spot Ethereum (ETH) while staking a significant portion of its holdings to generate yield from the Ethereum […] The post BlackRock’s iShares Staked Ethereum Trust ETF Now Trading on Nasdaq  appeared first on Tekedia.

A cryptocurrency trader recently suffered a massive loss of nearly $50 million in a single decentralized swap on the Ethereum blockchain. The incident occurred on March 12, 2026, when the user attempted to exchange approximately $50 million worth of USDT specifically, interest-bearing aEthUSDT from the Aave protocol for AAVE tokens directly through the official Aave […] The post Crypto Trader Losses $50M in a Single Swap from the Aave Protocol for AAVE appeared first on Tekedia.

President Donald Trump is set to headline an exclusive “Crypto & Business Conference & Gala Luncheon” at his Mar-a-Lago estate in Palm Beach, Florida, on April 25, 2026. The event is organized by the team behind the Official Trump ($TRUMP) memecoin; a Solana-based token often referred to as the Trump meme coin. Attendance is strictly […] The post Crypto & Business Conference & Gala Luncheon” at Mar-a-Lago, To Hold Exclusively for Top Holders of the $TRUMP Memecoin appeared first on Tekedia.

The US Senate passed the 21st Century ROAD to Housing Act in a strong bipartisan vote of 89-10. This sweeping legislation focuses on improving housing affordability and supply through measures like deregulation, expanding programs for affordable housing, and restricting large institutional investors; banning those owning 350+ single-family homes from buying more, with limited exceptions. Notably, […] The post US Senate Passes the 21st Century ROAD to Housing Act  appeared first on Tekedia.

While companies across the global economy are trimming payrolls and pointing to artificial intelligence as the catalyst, Elon Musk says Tesla plans to move in the opposite direction. Speaking at the Abundance Summit on Wednesday, Musk said the electric vehicle maker has no plans to reduce its workforce even as automation and AI transform manufacturing […] The post Musk Says Tesla Will Expand Workforce Even As AI Drives Layoffs Across Corporate America appeared first on Tekedia.

U.S. Securities and Exchange Commission (SEC) is actively considering an “innovation exemption” to enable limited trading of tokenized equity securities, as highlighted in recent developments around March 2026. During a meeting of the SEC’s Investor Advisory Committee (IAC), SEC Chairman Paul S. Atkins stated that he expects the Commission to soon consider this exemption. The […] The post US SEC Considering an Innovation Exemption to Enable Limited Trading of Tokenized Equity Securities  appeared first on Tekedia.

U.S. equity funds experienced heavy selling for a second consecutive week as escalating tensions involving Iran and disruptions to global oil flows rattled financial markets, triggering renewed fears that the world economy could be heading toward a period of stagflation. Investors pulled a net $7.77 billion from U.S. equity funds in the week through March […] The post Oil Shock Sparks $30 Billion Flight From U.S. Equity Funds as Stagflation Fears Grip Investors appeared first on Tekedia.

Shares of Adobe fell sharply in extended trading on Thursday after the design software giant said longtime chief executive Shantanu Narayen would step down once a successor is appointed, a leadership transition that arrives as the company confronts sweeping changes driven by artificial intelligence. The stock dropped more than 7% after the announcement, marking investor […] The post Adobe’s Longtime CEO Shantanu Narayen to Step Down Amid AI Disruption Concerns, Shares Slide appeared first on Tekedia.

U.S. Trade Representative Jamieson Greer said Friday that American companies expecting to receive up to $165 billion in refunds for tariffs ruled illegal by the Supreme Court should pass the windfall directly to their workers in the form of bonuses or raises. In an interview on CNBC’s “Squawk Box,” Greer framed the refunds as an […] The post USTR Jamieson Greer Urges Companies Receiving Up to $165bn in Tariff Refunds to Distribute Funds as Worker Bonuses or Raises appeared first on Tekedia.

Uber and autonomous vehicle developer Motional on Friday launched a commercial robotaxi service in Las Vegas, marking another step in the ride-hailing giant’s strategy to integrate self-driving vehicles into its platform as the global race to commercialize autonomous mobility intensifies. The service, backed by Hyundai Motor, allows riders in Las Vegas to hail a driverless […] The post Uber Teams Up With Motional to Launch Robotaxi In Las Vegas, Expanding Its Driverless Market appeared first on Tekedia.

Venture capitalist Tim Draper remains bullish on Bitcoin’s future, predicting that the crypto asset could one day become the world’s dominant currency. Speaking during a discussion with James Heckman, Founder and CEO of Roundtable, on TheStreet Roundtable, Draper addressed concerns about volatility, stablecoins, and the long-term role of digital currencies in commerce. He offered a much more radical outlook […] The post Tim Draper Predicts Bitcoin Could Become the World’s Dominant Currency Despite Corporate Skepticism appeared first on Tekedia.

Executives from leading derivatives and stock exchanges, including CME Group and TMX Group (parent of the Toronto Stock Exchange), voiced strong opposition on Wednesday to any U.S. government intervention in the oil futures market, warning that such measures could distort price discovery, create unintended consequences, and expose taxpayers to significant risk. The comments come as […] The post Global Exchanges Push Back Against Potential U.S. Government Intervention in Oil Futures as Prices Surge Amid Iran Conflict appeared first on Tekedia.

Iran’s ambassador to the United Nations said Tehran does not intend to shut the strategically vital Strait of Hormuz, offering a measure of relief to governments already scrambling to contain the economic fallout from fears that the waterway could be sealed off during the escalating conflict involving the United States and Israel. Amir Saeid Iravani […] The post Iran Tells U.N. It Will Not Close Strait Of Hormuz, Offering Relief To Nations Scrambling To Avert Energy Crisis appeared first on Tekedia.

European equities slipped on Friday as investors weighed the widening economic consequences of the escalating conflict involving Iran, a confrontation that has rattled energy markets, pushed crude prices above $100 per barrel, and forced traders to rethink the global interest-rate outlook. The region-wide STOXX Europe 600 Index fell 0.6% in early trading, extending a sharp […] The post Oil Shock From Iran War Rattles Global Markets, Sends European Stocks Lower, and Clouds Rate Outlook appeared first on Tekedia.

Square Enix, the Japanese gaming giant famous for franchises like Final Fantasy, Dragon Quest, and Tomb Raider, has officially become a validator known as a “baker” on Tezos on the Tezos blockchain network. This means the company operates a baker node, actively participating in: Validating and confirming transactions. Helping secure and maintain the network’s integrity. […] The post Square Enix Officially Becomes Baking Validator on Tezos Blockchain appeared first on Tekedia.

When you are honored at home, you must count your blessings. My alma mater, the Federal University of Technology Owerri (FUTO), has given me such moments of deep gratitude. In 2009, the university invited me to deliver its 15th Public Lecture. Years later, the Senate extended another privilege by asking me to present the University […] The post What is “The Umunneoma Economics”? appeared first on Tekedia.

Polymarket has partnered with Palantir Technologies and TWG AI to develop a next-generation sports integrity platform. This was announced by Polymarket CEO Shayne Coplan. The collaboration focuses on building advanced monitoring tools using Palantir’s data integration and anomaly detection capabilities, combined with TWG AI’s expertise in financial infrastructure and sports. The core technology is the […] The post Polymarket Partners with Palantir Technologies and TWG AI for Sport Integrity Platform appeared first on Tekedia.

ByteDance, the Chinese parent company of TikTok, is assembling one of Southeast Asia’s largest private AI computing clusters outside mainland China by partnering with Malaysian cloud provider Aolani Cloud to deploy approximately 500 Nvidia Blackwell systems, according to a Wall Street Journal report, citing people familiar with the matter. The hardware build-out, which is equivalent […] The post ByteDance Builds Major Nvidia Blackwell AI Cluster in Malaysia Through Aolani Cloud Partnership, Bypassing China-Based Deployment Constraints appeared first on Tekedia.

Webull has partnered with Coinbase to significantly expand its cryptocurrency operations. The key partnership began in May 2025, when Webull Pay (Webull’s payment and crypto arm) integrated Coinbase’s Crypto-as-a-Service (CaaS) platform. This provides institutional-grade infrastructure for custody, advanced trading, USDC integration, staking, and support for a wide range of assets. The integration launched in June […] The post Webull Uses Coinbase’s CaaS for Its Crypto Trading Expansion appeared first on Tekedia.

The US Department of the Treasury completed a record $14.7 billion debt buyback operation on March 10, 2026 with settlement on March 11, 2026. This marks the largest single Treasury buyback in history. The operation targeted nominal coupon securities maturing between April 15, 2026, and February 29, 2028. The Treasury had announced a maximum par […] The post US Department of the Treasury Completes A Record $14.7B Debt Buyback  appeared first on Tekedia.

Bitcoin climbed above the $73,000 mark as improving market sentiment and renewed investor confidence helped the cryptocurrency regain upward momentum. But it has given up the gains, trading below $71,000 now. The rally comes despite ongoing geopolitical tensions that have unsettled traditional financial markets, highlighting Bitcoin’s growing resilience and the continued interest from both institutional […] The post Bitcoin Climbs Above $73k Then Falls As Geopolitical Tensions Scale appeared first on Tekedia.

Based, the omnichannel trading platform built on Hyperliquid offering perps trading, prediction markets via Polymarket-style features, spot, yield integrations, and more, has released its $BASED airdrop checker. This tool lets eligible users check their token allocation based on trading and spending activity on the platform primarily from Seasons 1 and 2. The checker is now […] The post Based Perp Releases $BASED Airdrop Checker and Tokenomics  appeared first on Tekedia.

The Bank Policy Institute (BPI), a lobbying group representing about 40 major U.S. banks—including heavyweights like JPMorgan Chase, Goldman Sachs, Citigroup, Bank of America, and Wells Fargo—is reportedly considering a lawsuit against the Office of the Comptroller of the Currency (OCC) over its approvals of national trust bank charters for crypto and fintech firms. This […] The post Bank Policy Institute (BPI) Considering a Lawsuit Against the Office of the Comptroller of the Currency (OCC) appeared first on Tekedia.

Meta Platforms has delayed the launch of its next major artificial intelligence model, code-named “Avocado,” pushing the release to at least May from an earlier plan to debut the system this month, according to a report by The New York Times. People familiar with the development told Reuters that internal testing shows the model’s capabilities […] The post Meta Delays ‘Avocado’ AI Model as Competition With Google Intensifies in Race for Advanced Systems appeared first on Tekedia.

Kraken’s tokenized stock platform, through its xStocks initiative, a Kraken-linked platform for tokenized U.S. equities and ETFs, has recently implemented a points-based rewards system called xPoints. This program, launched around March 10, 2026, incentivizes user engagement in the tokenized stocks ecosystem. Participants can earn xPoints by: Trading tokenized U.S. equities; assets like tokenized Tesla, Apple, […] The post Kraken’s xStocks Platform Implemented xPoints Rewards System  appeared first on Tekedia.

The Digital for Development Hub (D4D Hub) has announced five startups selected for the Think Like an Investor 2026 programme, according to a programme announcement. Selected Startups The selected companies are Twiva from Kenya, agriBORA from Kenya, Niajiri Platform Limited from Tanzania, Ipachi Capital from Botswana, and OnCall – powered by Macquarie Medical from Namibia, […] The post Five African Startups Selected for Think Like an Investor 2026 Programme appeared first on Tech In Africa.