Volkswagen employees and managers are preparing for a series of extraordinary meetings at the German carmaker’s major sites, highlighting the growing tension surrounding an aggressive cost-cutting campaign. The meetings come as workers confront increasing uncertainty over jobs, wages and the future direction of one of Germany’s most important industrial companies. Volkswagen has been under mounting […] The post Volkswagen Workers and Managers Clash Over Cost-Cutting Drive appeared first on Tekedia.

Investors may be divided over how far the artificial intelligence boom can continue to drive stock markets, but hedge funds and mutual funds are increasingly finding common ground in one part of the market: financials. Both groups increased their exposure to financial stocks in the second quarter, with Goldman Sachs data showing that their bullish […] The post Investors Turn to Financials as AI Trade Splits Hedge Funds and Mutual Funds appeared first on Tekedia.

German digital broker Scalable Capital is allowing customers to use artificial intelligence platforms such as ChatGPT and Claude to analyze their investment portfolios and execute trades, marking a significant step toward AI becoming an interface for real-world financial transactions. The company said Tuesday that customers can now use the two AI platforms to interact with […] The post Scalable Capital Opens Door to AI Trading as ChatGPT and Claude Gain Access to Customer Portfolios appeared first on Tekedia.

Global spending through stablecoin-linked cards is expected to quadruple to about $50 billion annually by 2028 as digital currencies pegged to fiat currencies gain traction in everyday payments, cross-border transactions and treasury operations, according to stablecoin payments company RedotPay. The Hong Kong-based company said stablecoin card spending surpassed $1 billion in July, marking a record […] The post Stablecoin Card Spending Seen Quadrupling to $50bn by 2028 as Payments Adoption Accelerates appeared first on Tekedia.

The U.S. Securities and Exchange Commission has subpoenaed several major Wall Street banks as it examines their dealings with Situational Awareness, the AI-focused hedge fund that suffered a dramatic collapse in assets last month after a technology-stock sell-off triggered a series of margin calls. The subpoenas seek information about the fund’s trading activity, leverage and […] The post SEC Subpoenas Major Wall Street Banks Over AI Hedge Fund’s Near-Collapse appeared first on Tekedia.

BlackBerry is seeing rapid growth in robotics within its QNX software business as the company seeks to position itself for the next wave of “physical AI,” CEO John Giamatteo told CNBC. The shift marks another stage in BlackBerry’s transformation from a once-dominant smartphone manufacturer into an enterprise software company focused heavily on embedded and safety-critical […] The post Blackberry Sees Robotics Emerging As A Major Growth Engine For QNX As Physical AI Expands appeared first on Tekedia.

By Boluwatife Oshadiya | August 26, 2026, 4:40 PM Key Points Main Story The Government of Ghana has declined a proposed GHS20 million donation from MTN Ghana to support Ghanaians affected by recent xenophobic attacks in South Africa. The Ministry of Foreign Affairs announced the decision in a statement issued in Accra on August 26, […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Many business owners only think about hiring a lawyer when something has already gone wrong: a lawsuit arrives, a major customer refuses to pay, or a dispute with a business partner threatens the company. But waiting until a legal problem becomes a crisis can be costly. A business lawyer can help identify risks early, protect […]

By Annette Ikponmwonba | August 26, 2026 Keypoints Main Story MTN Group has moved closer to completing its proposed $6.2bn acquisition of IHS Towers after Nigeria’s Federal Competition and Consumer Protection Commission granted conditional approval for the transaction, The approval removes a major regulatory hurdle for the deal, which would give MTN full ownership of […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Billionaire investor Stanley Druckenmiller has sharply criticized the U.S. Treasury’s expanded bond-buyback programme, warning that attempts to influence long-term yields could undermine the credibility of the world’s most important government bond market while failing to address the country’s underlying fiscal problems. Druckenmiller, a former colleague of Treasury Secretary Scott Bessent at Soros Fund Management, said […] The post Druckenmiller Says Treasury Buybacks Risk Credibility As U.S. Misses Chance For Debt Reform appeared first on Tekedia.

Organisations need to move procurement fraud prevention closer to the point where suspicious activity occurs, rather than relying primarily on investigations after money has already been lost, according to SAS and FACTS Consulting. The call follows SAS’s Continuous Monitoring for Procurement Integrity client session held at its Johannesburg offices on 19 August, where the discussion […]

Frogfoot Networks, Vox and Hypa Fibre have secured a major capital injection aimed at accelerating fibre deployment across South Africa, particularly in underserved and lower-income communities. The transaction values the three companies at a combined R14.4 billion and provides new equity capital and additional leverage to support a substantial expansion of their networks. Frogfoot plans […]

Pick n Pay asap! is bringing social commerce to grocery shopping in South Africa with the launch of Pick n Pay Inspire, a new shoppable video feed built directly into the Pick n Pay asap! app. A first for a South African grocery retailer, this feature lets customers shop products directly from videos, without leaving […]

Think about how many loyalty programmes you use in an ordinary week. You might scan a rewards card when buying groceries or earn benefits when filling up your car. Then you swipe your gym membership for a quick sweat session after work and on the way home, your online grocery order rewards you for shopping […]

Bitcoin has delivered its strongest three-day rally since 2023, reviving debate over whether capital is beginning to rotate away from the overheated artificial intelligence trade and back into cryptocurrencies. The move comes at a time when concerns about the enormous cost of AI investment are becoming harder for investors to ignore. For prominent investors including […] The post Bitcoin’s Three-Day Rally Signals a Potential Rotation From AI to Crypto appeared first on Tekedia.

Trump Media’s Truth API is quickly becoming one of the most controversial products in the intersection between social media, financial markets and politics. The service gives high-frequency trading firms early access to posts published through Donald Trump’s Truth Social platform, reportedly at prices reaching as much as $100,000 per month. While Trump Media’s interim CEO […] The post Truth API Puts Trump Media at the Center of a New Market-Data Debate appeared first on Tekedia.

Standard Chartered has become the first bank authorized to distribute HKDAP, a regulated Hong Kong dollar-backed stablecoin issued by Anchorpoint Financial, marking a significant step in the integration of blockchain-based money with traditional banking infrastructure. The announcement places one of the world’s major international banks directly at the center of Hong Kong’s emerging regulated stablecoin […] The post Standard Chartered Becomes First Bank to Distribute Hong Kong Stablecoin appeared first on Tekedia.

Michael Saylor’s Bitcoin strategy has moved dramatically back into positive territory, highlighting both the enormous upside and extraordinary volatility attached to Strategy’s aggressive digital-asset accumulation. According to Lookonchain data, Strategy swung from more than $9.5 billion in unrealized losses to over $4.7 billion in unrealized profit within a single week, as Bitcoin’s powerful rally lifted […] The post Saylor’s Strategy Swings From Billions in Losses to Profit as Bitcoin Reclaims $80K appeared first on Tekedia.

Elon Musk-owned social media platform X is moving closer to letting users trade cryptocurrencies without leaving the app. On August 25, 2026, Nikita Bier, the former head of product at X who now serves in an advisory role, confirmed that trade buttons will soon be added to the platform’s Cashtags feature. Bier made the remarks […] The post X Plans Crypto Buy and Sell Features, Opening Direct Trading to 600M+ Users appeared first on Tekedia.

Uranium prices are climbing toward their strongest levels in months, highlighting renewed investor interest in nuclear energy as governments, utilities and technology companies search for reliable sources of electricity. The rally reflects a combination of tightening supply expectations, growing nuclear ambitions and rapidly rising power demand from artificial intelligence infrastructure. Uranium traded around $88.85 per […] The post Uranium Hits Seven-Month Highs as Nuclear Demand Gains Momentum appeared first on Tekedia.

Stanley Druckenmiller has publicly challenged his former protégé, Treasury Secretary Scott Bessent, over the US government’s decision to significantly expand its bond buyback program. In a Wall Street Journal op-ed, the veteran investor argued that governments struggle when they attempt to override market fundamentals, warning that efforts to suppress long-term borrowing costs could weaken one […] The post Stanley Druckenmiller Challenges Treasury’s Bond Buyback Strategy appeared first on Tekedia.

Financial markets are entering a consequential week as regulatory scrutiny of the nearly failed Situational Awareness hedge fund collides with intense anticipation surrounding Federal Reserve Chair Kevin Warsh’s first major speech at the Jackson Hole Economic Policy Symposium. The two developments are different in nature, but together they highlight growing concerns about financial stability, leverage, […] The post SEC Scrutiny and Warsh’s Jackson Hole Test: Markets Face a New Risk Crossroads appeared first on Tekedia.

Ethereum developers are exploring a major change to the network’s staking infrastructure as they consider a post-quantum deposit contract designed to protect validators against the potential threat posed by increasingly powerful quantum computers. The proposal highlights a growing concern across the blockchain industry: cryptographic systems that are secure today may not remain secure indefinitely as […] The post Ethereum Developers Propose Post-Quantum Deposit Contract, as NFT Market Sees Revival appeared first on Tekedia.

Tensions between the United States and China are entering another potentially dangerous phase as Washington expands economic pressure on Iran and threatens countries that continue trading with Tehran. Beijing has strongly rejected the latest U.S. sanctions campaign, warning that it will take necessary measures to defend its interests if American restrictions begin to seriously affect […] The post China Could Retaliate Against US Over Iran Sanctions appeared first on Tekedia.

Bitcoin has surged to $81,000 as a powerful wave of buying pressure triggers a broad short squeeze across the cryptocurrency market, forcing bearish traders to close positions and accelerating the rally. The upward price movement triggered a rapid liquidation of roughly $225 million in short positions across the crypto market in just ten minutes, as […] The post Bulls Crush Bears: Bitcoin Surges to $81K Amid Short Squeeze appeared first on Tekedia.

Michael Saylor’s Strategy has swung into a substantial unrealized profit on its Bitcoin holdings, now sitting on approximately $4 billion in paper gains after a sharp rally in the cryptocurrency. The upward price movement, has lifted the value of Strategy’s massive Bitcoin treasury above its aggregate acquisition cost, underscoring the growing impact of Bitcoin’s price […] The post Strategy Books Roughly $4 Billion Unrealized Profit on Bitcoin as Price Surges appeared first on Tekedia.

The Trump administration is preparing to impose a new 7.5% tariff on Chinese goods over allegations of excess manufacturing capacity, a move that would raise the effective U.S. tariff burden on Chinese imports to about 20% ahead of a planned September meeting between President Donald Trump and Chinese President Xi Jinping. Bloomberg reported, citing people […] The post Trump Weighs 7.5% China Tariff Ahead of Planned Xi Summit as US Rebuilds Trade Barriers appeared first on Tekedia.

Amazon has sharply increased prices across several of its hardware product lines, with some devices becoming as much as 60% more expensive as the global shortage of memory and storage components raises manufacturing costs. The increases, introduced over the weekend, affect products including Fire TV devices, Echo smart speakers, Kindle e-readers and Eero networking equipment. […] The post Amazon Raises Hardware Prices by Up to 60% as AI-Driven Memory Shortage Pushes Costs Higher appeared first on Tekedia.