Naija News Feed
Technology
Adani Weighs Airline Launch As India Seeks Stronger Competition to Indigo And Air India
Indian billionaire Gautam Adani’s conglomerate is exploring the launch of a new airline, a move that could reshape India’s aviation industry by challenging the dominance of IndiGo and Air India, according to two sources cited by Reuters. The proposal marks a significant shift for the Adani Group, which has rapidly expanded its presence in aviation […] The post Adani Weighs Airline Launch As India Seeks Stronger Competition to Indigo And Air India appeared first on Tekedia.
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Tesla CEO Musk Urges Faster AI Investment As Company Targets More Than $25bn In Capital Spending
Tesla Chief Executive Elon Musk said the electric vehicle maker should accelerate spending on artificial intelligence and manufacturing infrastructure even if it results in some inefficiencies, arguing that moving quickly is more important than maximizing capital efficiency in the race to build next-generation AI and robotics technologies. Speaking during Tesla’s second-quarter earnings call on Thursday, […] The post Tesla CEO Musk Urges Faster AI Investment As Company Targets More Than $25bn In Capital Spending appeared first on Tekedia.
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Chegg officially wiped out by AI
The story of Chegg began in 2006 when they found a loophole in the study pattern of students and profitable business to exploit. Chegg began providing students with answers to their assignment problems and also questions and answers to known exam and quiz solutions. This began raking in millions of dollars for the small company, […] The post Chegg officially wiped out by AI appeared first on Tekedia.
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Alphabet, Tesla Shares Slide As Soaring AI Spending Overshadows Earnings Gains
Shares of Alphabet and Tesla fell in premarket trading on Thursday after both companies signaled a fresh acceleration in artificial intelligence-related spending, bolstering investor concerns that the race to dominate AI will require years of elevated capital investment before generating commensurate financial returns. Alphabet shares fell about 4% before the opening bell. In comparison, Tesla […] The post Alphabet, Tesla Shares Slide As Soaring AI Spending Overshadows Earnings Gains appeared first on Tekedia.
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Dollar Holds Firm, Yen Slides to 40-Year Low as Middle East War Fuels Oil Rally and Rate Expectations
The U.S. dollar remained resilient on Thursday, hovering near multi-month highs against major currencies as escalating conflict in the Middle East drove oil prices higher, boosted U.S. Treasury yields and prompted investors to scale back expectations for Federal Reserve interest rate cuts. The greenback edged slightly lower against the euro ahead of the European Central […] The post Dollar Holds Firm, Yen Slides to 40-Year Low as Middle East War Fuels Oil Rally and Rate Expectations appeared first on Tekedia.
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Coinbase CEO Brian Armstrong Claims Legal Battle Exposed Coordinated Anti-Crypto Debanking Campaign
Coinbase CEO Brian Armstrong has hailed the cryptocurrency exchange’s legal battle against U.S. regulators as a landmark victory, claiming it uncovered what he described as a coordinated government campaign to restrict the crypto industry’s access to banking services. According to Armstrong, documents obtained through the lawsuits revealed behind-the-scenes efforts by federal agencies to pressure banks […] The post Coinbase CEO Brian Armstrong Claims Legal Battle Exposed Coordinated Anti-Crypto Debanking Campaign appeared first on Tekedia.
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LemFi Partners With BVNK to Power Cross-Border Payments With Stablecoin Settlement
LemFi, a Nigerian financial service app that helps users send, receive, and manage money across countries, has partnered with BVNK to move cross-border settlements onto regulated stablecoin rails. The collaboration is designed to improve the speed and efficiency of international remittances for more than two million LemFi customers across the United Kingdom, Europe, Australia, and […] The post LemFi Partners With BVNK to Power Cross-Border Payments With Stablecoin Settlement appeared first on Tekedia.
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Ten insights into how technology is changing decision‑making in the mining industry
South Africa’s mining industry is operating at a critical moment. As mines operate at greater depths, ageing infrastructure, skills shortages and growing pressure to improve safety, sustainability and productivity are forcing companies to rethink how they operate. In this environment, the Fourth Industrial Revolution (4IR), and particularly artificial intelligence (AI), are no longer distant ambitions. […]
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The Equation That Makes Your Startup’s Growth Compound
There is a sentence I hear weekly from founders between seed and Series A: “We had a great quarter. Then it just stopped. I have no idea why it worked.”  That is not bad luck. That is a streak ending. A streak is when something worked once and nobody can tell you why. A system […] The post The Equation That Makes Your Startup’s Growth Compound appeared first on Tekedia.
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Best Pokémon GO Spoofers for iPhone in 2026: 4 Safe Methods Compared
Pokémon GO remains one of the world’s most popular location-based mobile games, encouraging players to explore their surroundings to catch Pokémon, participate in raids, and complete special events. However, not everyone has the time or ability to travel to different locations. That’s why many trainers turn to Pokémon GO spoofing, a method that allows them […]
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Ethio Telecom Profit Jumps as Data Revenue Overtakes Voice, Marking Historic Digital Shift
Ethiopia’s national telecommunications operator Ethio telecom reported a sharp increase in annual earnings on Thursday as mobile data and internet services overtook traditional voice calls as its largest source of revenue, marking a historic shift in the company’s business model and highlighting the country’s accelerating digital adoption. Presenting Ethio telecom’s 2025/26 annual business performance report […]
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FMO Plans $30 Million Financing Package for M-KOPA’s Kenya E-Mobility Business
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Kylie Jenner Debuts Meta Smart Glasses Amid Growing Privacy Concerns
Before Kylie Jenner even finished showing off her new Meta smart glasses, the internet had already split into two camps. To some, the glasses represent the next leap in wearable technology, blending artificial intelligence, cameras, and voice assistance into an accessory that looks increasingly like ordinary eyewear. To others, they symbolize a future where privacy […] The post Kylie Jenner Debuts Meta Smart Glasses Amid Growing Privacy Concerns appeared first on Tekedia.
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Future of Safe-Haven Assets in an Uncertain Global Economy
The world’s largest financial institutions are making increasingly bold calls on precious metals, signaling that gold and silver may be entering a new era of strategic importance. Forecasts that once appeared unrealistic are now being openly discussed by major banks amid rising geopolitical tensions, persistent fiscal deficits, monetary uncertainty, and growing concerns over the long-term […] The post Future of Safe-Haven Assets in an Uncertain Global Economy appeared first on Tekedia.
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Travis Kalanick’s Atoms Raises $1.7bn As Uber Rejoins Founder in Robotics And AI Bet
Travis Kalanick has secured $1.7 billion for his robotics and industrial automation startup Atoms, marking one of the largest funding rounds for an AI-driven robotics company this year. The move also signals renewed confidence in the former Uber chief executive’s ambitions to reshape the physical economy through software, artificial intelligence and autonomous machines. The funding […] The post Travis Kalanick’s Atoms Raises $1.7bn As Uber Rejoins Founder in Robotics And AI Bet appeared first on Tekedia.
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Amazon’s Leo Satellite Ambitions Gain Financial Firepower with First Finance VP Appointment
Amazon has taken another significant step toward strengthening its space ambitions by appointing the first vice president of finance for Project Kuiper’s Leo satellite business. The company selected a veteran executive from its Alexa division, signaling that the satellite internet initiative is transitioning from an engineering-heavy phase into one focused on financial discipline, commercial expansion, […] The post Amazon’s Leo Satellite Ambitions Gain Financial Firepower with First Finance VP Appointment appeared first on Tekedia.
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Nigeria Opens $350,000 Funding Programme for Early-Stage Tech Startups
The Nigerian government has opened applications for a new accelerator programme offering selected technology startups access to as much as $350,000 in investment. The iDICE Startup Bridge Growth Lab is a 12-week acceleration programme under the Federal Government’s Investment in Digital and Creative Enterprises programme. It is implemented by the Bank of Industry and will […] The post Nigeria Opens $350,000 Funding Programme for Early-Stage Tech Startups appeared first on Tech In Africa.
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OpenAI’s AI Breach Exposes Fundamental Sandbox Failure, Raising Fresh Questions over Frontier Model Testing
The unprecedented cyberattack carried out by an OpenAI model against AI platform Hugging Face may have been driven less by artificial intelligence than by a basic cybersecurity misconfiguration, according to security experts, who say the incident exposes weaknesses in how frontier AI systems are tested. On Tuesday, OpenAI disclosed that one of its advanced AI […] The post OpenAI’s AI Breach Exposes Fundamental Sandbox Failure, Raising Fresh Questions over Frontier Model Testing appeared first on Tekedia.
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Forgot Apple ID Password? How to Remove Activation Lock on iPhone
Activation Lock is one of Apple’s most effective anti-theft features, but it can also become a headache if you’ve forgotten your Apple ID password. Once your iPhone displays the “iPhone Locked to Owner” or Activation Lock screen, you won’t be able to use the device until the linked Apple ID credentials are verified. Fortunately, forgetting […]
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Africa’s ICT Ministers Open Conference in Abuja to Decide Telecommunications Union’s Future
African Ministers responsible for telecommunications, information and communication technologies and the digital economy have opened the Seventh Ordinary Session of the African Telecommunications Union Conference of Plenipotentiaries in Abuja, Nigeria. The Conference, known as CPL-26, is taking place today and tomorrow, 23–24 July 2026. It brings governments together to decide how the African Telecommunications Union […]
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Why retailers are embracing digital payout solutions to improve workforce and customer engagement
The retail sector continues to evolve rapidly as businesses adapt to changing consumer expectations, rising operational costs, and increasingly complex workforce management requirements. As retail competition heats up, new solutions are needed to stay ahead Retailers are constantly looking for new ways to improve customer engagement, motivate employees, and streamline administrative processes while maintaining tight […]
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Guinea launches NimbaPay, opening a new era of instant and inclusive digital payments
The Republic of Guinea today launched NimbaPay, its national instant payment system, marking a major milestone in the development of a more connected, more inclusive, and forward-looking economy. Developed under the leadership of the Central Bank of the Republic of Guinea (BCRG) and implemented by Guinéenne de Monétique (GuiM), NimbaPay enables instant, secure, and interoperable […]
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AI Boom Fuels Record Leveraged Positions in Technology Markets
According to data from blockchain analytics platform Lookonchain, a large whale investor has opened a massive 20x leveraged long position on the Nasdaq-100 index, known on some trading platforms as XYZ100. The position is reportedly valued at approximately $68.2 million, with a liquidation threshold sitting at $26,833.85. The trade is significant not merely because of […] The post AI Boom Fuels Record Leveraged Positions in Technology Markets appeared first on Tekedia.
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Why the US-Iran War Could Become One of America’s Most Expensive Military Campaigns
The escalating conflict between the United States and Iran is rapidly becoming one of the most expensive military engagements of the modern era, with its financial and economic consequences extending far beyond the battlefield. During a tense Senate hearing, U.S. Defense Secretary Pete Hegseth revealed that the war has already cost approximately $37.5 billion, a […] The post Why the US-Iran War Could Become One of America’s Most Expensive Military Campaigns appeared first on Tekedia.
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Amazon Cuts Jobs In AGI Unit As It Sharpens AI Strategy While Ramping Up $200bn Investment
Amazon has laid off employees in its artificial general intelligence (AGI) organization as the technology giant refines its artificial intelligence strategy. The move underscores how even the industry’s biggest AI investors are reallocating talent while committing unprecedented sums to AI infrastructure. The company confirmed the job cuts on Wednesday but did not disclose how many […] The post Amazon Cuts Jobs In AGI Unit As It Sharpens AI Strategy While Ramping Up $200bn Investment appeared first on Tekedia.
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EU Clears $110bn Paramount-Skydance Merger With Warner Bros. Discovery, But U.S. Court Battle Clouds Closing Timeline
European Union antitrust regulators on Wednesday approved Paramount Skydance’s proposed $110 billion acquisition of Warner Bros. Discovery, removing one of the final major international regulatory hurdles for what would become one of the largest media mergers in recent years. The clearance comes with legally binding concessions from Paramount aimed at preserving competition in Europe’s film […] The post EU Clears $110bn Paramount-Skydance Merger With Warner Bros. Discovery, But U.S. Court Battle Clouds Closing Timeline appeared first on Tekedia.
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U.S. Senate Panel Advances Bill Targeting Chinese Automakers, Raises Questions Over Mercedes-Benz Ownership
A bipartisan U.S. Senate committee has advanced legislation designed to tighten restrictions on Chinese automakers operating in the United States, but lawmakers acknowledged the proposal could unintentionally ensnare one of Germany’s largest luxury carmakers, Mercedes-Benz, because of its Chinese shareholders. The Senate Commerce Committee on Wednesday approved the Motor Vehicle Modernization Act of 2026, legislation […] The post U.S. Senate Panel Advances Bill Targeting Chinese Automakers, Raises Questions Over Mercedes-Benz Ownership appeared first on Tekedia.
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Trump Expands AI Power Cost Pledge to Shield Households as Data Center Boom Strains U.S. Electric Grid
President Donald Trump is expected to unveil an expanded electricity affordability initiative on Thursday aimed at preventing American households from bearing the cost of the country’s rapidly growing artificial intelligence industry. The move comes as his administration accelerates efforts to cement U.S. leadership in AI while addressing mounting concerns over the sector’s impact on the […] The post Trump Expands AI Power Cost Pledge to Shield Households as Data Center Boom Strains U.S. Electric Grid appeared first on Tekedia.
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WayaWaya appoints ex-Chase Bank Kenya executive Raj Singh as board adviser
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Why Africa’s Next Tech Growth May Come From Solving Everyday Problems
Big tech stories often focus on shiny ideas. Artificial intelligence. Space projects. Large data centers. New apps with clever names. These things matter, but Africa’s next wave of tech growth may come from something much closer to daily life. It may come from fixing the problems people face every morning. Everyday Problems Create Real Markets […] The post Why Africa’s Next Tech Growth May Come From Solving Everyday Problems appeared first on Tekedia.
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Samsung One UI 9 is official: Everything we know so far
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Franklin Templeton’s Bullish Case for Crypto in the Age of Autonomous AI
The rapid rise of artificial intelligence has created one of the biggest investment narratives of the decade. Until now, most investors seeking exposure to the AI boom have focused on traditional technology companies such as Nvidia, Microsoft, Alphabet, and Amazon. However, global asset manager Franklin Templeton argues that the next major beneficiaries of AI may […] The post Franklin Templeton’s Bullish Case for Crypto in the Age of Autonomous AI appeared first on Tekedia.
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Anthropic Ramps Up AI Policy Push With $40m Donation Ahead of U.S. Midterm Elections
Anthropic is significantly expanding its political advocacy campaign ahead of the November U.S. midterm elections, committing an additional $20 million to Public First Action, a nonprofit organization focused on artificial intelligence policy, bringing its total contribution to $40 million. The latest funding underlines the intensifying battle among leading AI companies to shape the regulatory framework […] The post Anthropic Ramps Up AI Policy Push With $40m Donation Ahead of U.S. Midterm Elections appeared first on Tekedia.
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OpenAI AI Breach Drives Hugging Face to Chinese Model, Exposing Fault Lines In U.S. AI Security Strategy
Hugging Face has disclosed that it relied on a Chinese open-weight artificial intelligence model to defend its systems after they were breached by a rogue AI agent developed by OpenAI, highlighting growing concerns over the effectiveness of safety guardrails on leading U.S. models and intensifying the debate over Washington’s AI strategy. The incident has become […] The post OpenAI AI Breach Drives Hugging Face to Chinese Model, Exposing Fault Lines In U.S. AI Security Strategy appeared first on Tekedia.
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Why Crypto Benchmarks Are Moving Beyond Market Capitalization
The launch of the S&P Pantera Digital Asset Index marks another important step in the maturation of the cryptocurrency industry. Created through a partnership between S&P Dow Jones Indices and Pantera Capital, the new index seeks to apply traditional financial valuation principles to digital assets. Perhaps the most striking aspect of the index is not […] The post Why Crypto Benchmarks Are Moving Beyond Market Capitalization appeared first on Tekedia.
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Elon Musk’s Grok Could Revolutionize Cinema with AI-Generated Odyssey Film
Elon Musk has once again pushed the boundaries of technological ambition, claiming that Grok, the artificial intelligence model developed by xAI, could generate a historically accurate full-length movie adaptation of The Odyssey by the end of the year. The statement has sparked excitement, skepticism, and renewed debate about the future of AI in the entertainment […] The post Elon Musk’s Grok Could Revolutionize Cinema with AI-Generated Odyssey Film appeared first on Tekedia.
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