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Technology
Grey targets Africa-China trade with direct yuan payments
TechCabal -
Huawei Profit Plunges 36% As AI, Chip Investment And Rising Costs Squeeze Margins
Huawei Technologies reported a 36% decline in first-half net profit on Monday, as sharply higher production costs and a major increase in research and development spending outweighed stronger revenue, highlighting the growing financial burden of the Chinese technology giant’s push to build a self-reliant AI and semiconductor ecosystem. The Shenzhen-based company said net profit for […] The post Huawei Profit Plunges 36% As AI, Chip Investment And Rising Costs Squeeze Margins appeared first on Tekedia.
Tekedia -
Strategy Buys 4,603 Bitcoin for $370 Million, Ending Two-Month Pause
Strategy, the Bitcoin treasury company led by Michael Saylor, has resumed its accumulation strategy with a significant purchase of 4,603 Bitcoin. The company acquired the coins between August 24 and August 30 for approximately $369.7 million, at an average price of $80,318 per bitcoin, according to an SEC filing and Saylor’s announcement on X. This […] The post Strategy Buys 4,603 Bitcoin for $370 Million, Ending Two-Month Pause appeared first on Tekedia.
Tekedia -
MTN wants MoMo to crack South Africa’s cash-heavy payments market
TechCabal -
Abwaab Acquires Egypt’s Eduact as Edtech Firm Expands Beyond Online Learning
Tech In Africa -
Mamor Capital Secures R300m First Close for New South African Tech Fund
Tech In Africa -
EU Designates ChatGPT, Reddit And Roblox As Very Large Platforms, Gives Them Four Months To Comply With DSA
The European Commission on Monday designated ChatGPT, Reddit and Roblox as “very large online platforms” under the European Union’s Digital Services Act, bringing the services under a tougher set of regulatory requirements covering content moderation, user safety and systemic risks. The three services have each reported reaching at least 45 million monthly active users in […] The post EU Designates ChatGPT, Reddit And Roblox As Very Large Platforms, Gives Them Four Months To Comply With DSA appeared first on Tekedia.
Tekedia -
Nokia turns to AI as Africa’s telecom market enters its next phase
TechCabal -
The Right Way to Prove Lost Wages After a Motorcycle Accident Injury
Medical treatment is only one part of the recovery process after a motorcycle crash. Missing work often creates another challenge that many injured riders do not expect. Bills keep arriving, regular expenses continue, and a smaller paycheck can make the situation even harder. Lost wages after a motorcycle accident can be included in an injury […] The post The Right Way to Prove Lost Wages After a Motorcycle Accident Injury appeared first on Tekedia.
Tekedia -
Why payment methods and platform ratings shape deposit decisions on digital platforms
Before a user deposits money, the platform has already passed or failed several small tests. The logo loads. The cashier page feels orderly. The smallest mismatch, such as a missing local bank, feels loud. Fees are plain. A card icon, Apple Pay button, or bank transfer label tells the user what kind of friction to […] The post Why payment methods and platform ratings shape deposit decisions on digital platforms appeared first on Tekedia.
Tekedia -
CreditCube Guide: How Emotions Lead to Impulse Spending, Panic Borrowing, or Risky Investing
Imagine coming home after a difficult day. While relaxing, you scroll through an online store just to have a look. A flash sale appears; you add a few items to your cart, and boom, you are in the checkout line. The purchases feel harmless at the time. But by the next morning, it dawned on […] The post CreditCube Guide: How Emotions Lead to Impulse Spending, Panic Borrowing, or Risky Investing appeared first on Tekedia.
Tekedia -
The regulatory quagmire stifling Francophone Africa’s startups
TechCabal -
 
 
Tanzanian influencer sues Meta over alleged government-driven account suspensions
TechCabal -
ChipMango raises $1.9 million to build Africa’s chip-design talent
TechCabal -
How Local Action Turned Digital ID Barriers into Healthcare Access
Tech City NG -
👨🏿‍🚀TechCabal Daily – Paystack cuts the Allawee
TechCabal -
Polygon Security Patches and Stonkbrokers Options Protocol Highlight DeFi’s Next Phase
The cryptocurrency industry is often described as a race toward the future, but every new step forward carries an old question: can the infrastructure be trusted? As blockchain networks mature and decentralized finance expands into increasingly sophisticated financial products, security and innovation are becoming two sides of the same coin. Polygon’s decision to patch two […] The post Polygon Security Patches and Stonkbrokers Options Protocol Highlight DeFi’s Next Phase appeared first on Tekedia.
Tekedia -
Claude Max Lawsuit Raises Questions About AI Usage-Based Pricing
The promise of artificial intelligence has always carried a little electricity. A machine that can code, reason, write, research and work beside us feels less like software and more like an extra mind at the desk. For users willing to pay a premium, the attraction is obvious: if more access means more productivity, then paying […] The post Claude Max Lawsuit Raises Questions About AI Usage-Based Pricing appeared first on Tekedia.
Tekedia -
“My Title Changes Tomorrow:” Apple’s Tim Cook Hands CEO Role to John Ternus, Keeping A Hand In Trump Ties And China
Tim Cook is stepping down as Apple’s chief executive after more than a decade at the helm, handing the company’s top job to John Ternus in a succession that places product development and hardware expertise at the center of Apple’s next phase. Cook, who became CEO in 2011 after succeeding co-founder Steve Jobs, will remain […] The post “My Title Changes Tomorrow:” Apple’s Tim Cook Hands CEO Role to John Ternus, Keeping A Hand In Trump Ties And China appeared first on Tekedia.
Tekedia -
John Ternus Becomes Apple CEO as Tokenized AMC Suffers 50x Depeg on Robinhood Chain
Tomorrow, Apple turns a page. John Ternus is set to begin his tenure as chief executive officer, stepping into one of the most scrutinized positions in the technology industry. Leadership changes at Apple are never merely corporate events. They are moments when investors, employees, competitors, and consumers pause beneath the enormous shadow of the company […] The post John Ternus Becomes Apple CEO as Tokenized AMC Suffers 50x Depeg on Robinhood Chain appeared first on Tekedia.
Tekedia -
Crypto Security Crisis Meets Web3 Culture as Rekt Drinks Rolls Out at Burning Man
The blockchain was built on a promise that sounded almost rethoric: trust without permission, ownership without intermediaries, a financial world where code could become the guardian of value. Yet this week, that promise has been tested by the oldest enemy in technology—exploitation. TectonicFi reportedly lost roughly $75 million in an exploit involving the Cronos ecosystem. […] The post Crypto Security Crisis Meets Web3 Culture as Rekt Drinks Rolls Out at Burning Man appeared first on Tekedia.
Tekedia -
Soitec Locks In AI Optics Demand With Deposits As Photonics Wafer Orders Surge
French chip materials maker Soitec is using a surge in demand for wafers used in AI data-center optics to secure multi-year customer commitments, with deposits and fixed pricing designed to give the company greater visibility over future demand and protect its margins. The strategy comes as hyperscalers race to expand AI computing infrastructure and increasingly […] The post Soitec Locks In AI Optics Demand With Deposits As Photonics Wafer Orders Surge appeared first on Tekedia.
Tekedia -
India Stocks Face Volatility Test as MSCI Rebalance Meets New Closing Auction
India’s equity benchmarks could face sharp swings in the final minutes of trading on Monday as funds tracking MSCI indexes reposition portfolios ahead of a major index reshuffle, putting the country’s newly introduced closing auction system to its first significant test. The MSCI changes take effect on September 1, prompting passive funds and other benchmark-linked […] The post India Stocks Face Volatility Test as MSCI Rebalance Meets New Closing Auction appeared first on Tekedia.
Tekedia -
Oil Spikes as the Guns Speak Again in the Strait of Hormuz
Oil has always been more than a commodity. It is the bloodstream of modern civilization, flowing quietly beneath economies, factories, airports, ships and cities. But when war returns to the headlines, that bloodstream begins to race. With the United States and Iran resuming strikes, crude prices have once again become a barometer of fear, rising […] The post Oil Spikes as the Guns Speak Again in the Strait of Hormuz appeared first on Tekedia.
Tekedia -
 
 
China Factory Activity Contracts For Second Month, Keeping Pressure On Beijing For More Stimulus
China’s manufacturing sector contracted for a second consecutive month in August, although the decline was milder than expected, underscoring the fragile state of the world’s second-largest economy and keeping pressure on Beijing to step up policy support. The official manufacturing purchasing managers’ index rose to 49.8 in August from 49.2 in July, according to data […] The post China Factory Activity Contracts For Second Month, Keeping Pressure On Beijing For More Stimulus appeared first on Tekedia.
Tekedia -
AI Cyber Risk Emerges as Biggest Immediate Threat to Global Financial Stability, FSB Chair Bailey Says
The growing use of artificial intelligence in the financial system has made AI-driven cyber risk the most immediate technology-related threat to global financial stability, Financial Stability Board Chair Andrew Bailey said on Monday, warning that increasingly capable models could fundamentally alter the speed, scale and economics of cyberattacks. Bailey, who is also governor of the […] The post AI Cyber Risk Emerges as Biggest Immediate Threat to Global Financial Stability, FSB Chair Bailey Says appeared first on Tekedia.
Tekedia -
How Property Owners Can Improve Rental Income Over Time
Investing in residential rental real estate remains one of the most reliable wealth-building strategies available to property owners. However, simply acquiring a rental unit and collecting monthly checks is rarely enough to maximize your long-term return on investment. Market dynamics, tenant expectations, and maintenance demands continuously evolve, requiring landlords to adopt proactive management strategies. Increasing […] The post How Property Owners Can Improve Rental Income Over Time appeared first on Tekedia.
Tekedia -
Bessent Says Yen Slide Is ‘Pretty Well Contained’ as Markets Weigh BOJ Rate Hikes and Takaichi’s Fiscal Push
U.S. Treasury Secretary Scott Bessent said the yen’s latest decline is not disorderly enough to warrant concern, signaling that Washington is not currently pressing Japan for another currency intervention even after the yen fell below the closely watched 160-per-dollar threshold. The yen slipped through 160 to the dollar on Friday, a level that has repeatedly […] The post Bessent Says Yen Slide Is ‘Pretty Well Contained’ as Markets Weigh BOJ Rate Hikes and Takaichi’s Fiscal Push appeared first on Tekedia.
Tekedia -
Barclays Bets on Two Fed Rate Hikes After Warsh Signals Inflation Fight Is Far From Over
Barclays has sharply revised its outlook for U.S. monetary policy, now expecting the Federal Reserve to raise interest rates by 25 basis points in September and again in December after Chair Kevin Warsh delivered his strongest indication yet that policymakers may need to tighten policy to contain inflation. The shift marks a significant change from […] The post Barclays Bets on Two Fed Rate Hikes After Warsh Signals Inflation Fight Is Far From Over appeared first on Tekedia.
Tekedia -
Mercedes-Benz Starts €1bn Buyback as China Weakness, Thin Margins Pressure Automaker
Mercedes-Benz will begin buying back up to €1 billion ($1.2 billion) of its own shares this week, extending an aggressive capital-return programme as the German luxury carmaker contends with weakening sales in China, intense competition and a sharp deterioration in automotive margins. The company’s supervisory board approved the latest programme, which starts on Tuesday, Sept. […] The post Mercedes-Benz Starts €1bn Buyback as China Weakness, Thin Margins Pressure Automaker appeared first on Tekedia.
Tekedia -
Britain Overtakes U.S. As Germany’s Top Foreign Investor As FDI Surges 50%
Germany attracted about €86 billion ($99.91 billion) in foreign direct investment in 2025, a 50% increase from the previous year, as a surge in capital from Britain more than offset a sharp decline in investment by U.S. companies, according to calculations by the German Economic Institute (IW) seen by Reuters on Monday. The increase lifted […] The post Britain Overtakes U.S. As Germany’s Top Foreign Investor As FDI Surges 50% appeared first on Tekedia.
Tekedia -
Bitcoin’s Nine-Day River Runs Dry as Robinhood Chain Finds Its Current
For nine consecutive days, capital flowed into U.S. spot Bitcoin exchange-traded funds like a steady river carving its path through the financial landscape. Then, almost without warning, the current weakened. The nine-day inflow streak came to an end, reminding the market that even the strongest tides eventually turn. The pause in Bitcoin ETF inflows is […] The post Bitcoin’s Nine-Day River Runs Dry as Robinhood Chain Finds Its Current appeared first on Tekedia.
Tekedia -
Jio Platforms Gets Regulatory Clearance For India’s Biggest IPO, Setting Stage For $3.8bn Listing
Jio Platforms, the digital and telecommunications arm of billionaire Mukesh Ambani’s Reliance Industries, has secured approval from India’s markets regulator to proceed with an initial public offering that could become the country’s largest-ever share sale. The Securities and Exchange Board of India, or SEBI, issued its final observations on August 28, clearing the way for […] The post Jio Platforms Gets Regulatory Clearance For India’s Biggest IPO, Setting Stage For $3.8bn Listing appeared first on Tekedia.
Tekedia -
OpenClaw 2.0, Cursor and the Battle for Developers
Technology rarely announces its revolutions with thunder. Sometimes, they arrive quietly, disguised as a version number, a partnership ending, or a post-mortem published after the applause has faded. Yet beneath these seemingly separate events, the artificial intelligence industry is rearranging its foundations. OpenClaw 2.0 enters this restless landscape as another signal that AI is moving […] The post OpenClaw 2.0, Cursor and the Battle for Developers appeared first on Tekedia.
Tekedia -
When Steam Turns a Routine Flight Into an Unexpected Journey
A routine evening flight can change in an instant. On Saturday, a Eurowings aircraft traveling from Cologne, Germany, to Mallorca, Spain, made an unscheduled landing in Paris after steam was detected coming from the aircraft’s onboard galley. What began as an ordinary journey toward the Mediterranean suddenly became a reminder of the careful vigilance that […] The post When Steam Turns a Routine Flight Into an Unexpected Journey appeared first on Tekedia.
Tekedia -
The Strange Poetry of LinkedIn’s Professional Performance
There is a peculiar theatre unfolding on LinkedIn, where ambition dresses itself in polished sentences and every career milestone arrives beneath a carefully chosen photograph. Workers may cringe at the performative enthusiasm, the endless declarations of gratitude, the humblebrags disguised as vulnerability, and what some have begun calling “grindslop”—the flood of motivational content that turns […] The post The Strange Poetry of LinkedIn’s Professional Performance appeared first on Tekedia.
Tekedia -