In October 2025, more than 600 current and former employees of OpenAI reportedly sold approximately $6.6 billion worth of shares in one of the largest private secondary transactions in technology history. The event highlighted not only the extraordinary rise of artificial intelligence companies, but also the immense wealth being generated behind the scenes in Silicon […] The post More than 600 Current and Former Employees of OpenAI Reportedly Sold Approximately $6.6B of Shares appeared first on Tekedia.

The cryptocurrency market continues to mature at a remarkable pace, and one of the clearest indicators of this transformation is the sustained inflow into crypto exchange-traded funds (ETFs). Recently, crypto ETFs recorded their sixth consecutive week of inflows, signaling growing institutional confidence in digital assets despite ongoing market volatility and regulatory uncertainty. Among the standout […] The post Crypto ETFs Record their Sixth Consecutive Week of Inflows appeared first on Tekedia.

Texas Attorney General Ken Paxton filed a high-profile lawsuit against Netflix on Monday, accusing the entertainment powerhouse of operating a vast surveillance operation that secretly tracks users, including children, while repeatedly misleading subscribers about its data collection practices. The complaint, filed in state district court in Collin County, alleges Netflix violated Texas’ Deceptive Trade Practices […] The post Texas Strikes at Netflix with Lawsuit Accusing Streaming Giant of Spying on Users and Addicting Children for Data Profits appeared first on Tekedia.

The Indian rupee slumped to a record low on Tuesday as fading hopes for a U.S.-Iran peace agreement triggered another spike in global oil prices, intensifying pressure on one of the world’s largest energy-importing economies and exposing growing vulnerabilities in India’s financial markets. The currency weakened to an all-time low of 95.7375 against the dollar […] The post Indian Rupee Hits Record Low as Iran War, Oil Shock, and Capital Flight Rattle Economy appeared first on Tekedia.

The cryptocurrency industry continues to evolve at a remarkable pace, and one of the latest developments attracting attention is the announcement that Circle Internet Group has reportedly raised $222 million at a $3 billion valuation during the ARC token presale, with participation led by BlackRock and Apollo Global Management. The funding round signals more than […] The post Circle Reportedly Raised $222M at a $3B Valuation appeared first on Tekedia.

TechCabal is announcing Grey, the US-based global cross-border payments company serving nearly three million users across 70 countries, as the headline sponsor of Moonshot 2026, for the conference’s return on October 28 and 29, 2026, at the National Theatre, Lagos, Nigeria. Grey’s headline partnership marks a new chapter for Moonshot, with the Y Combinator-backed fintech […]

If you’ve ever stood in a dispensary holding a product and trying to make sense of the label, you’re definitely not alone. At first glance, it can feel like too much information packed into a tiny space. But once you understand the basics, it becomes clear that every detail is there for a reason. Learning […] The post How to Read Dispensary Labels: A Practical Guide to Understanding Cannabis Products appeared first on Tekedia.

Yasam Ayavefe is building the Mileo hotel concept around a simple but demanding idea: consistency can be more valuable than spectacle. That idea now moves into a new setting with Mileo Dominica, a planned Caribbean hospitality project expected to extend the brand’s operating principles into a destination defined by nature, wellness, and quieter premium travel. […] The post Yasam Ayavefe’s Mileo Model Points to Measured Growth in Premium Hospitality appeared first on Tekedia.

Audio clarity defines the quality of any professional video production today. The background noise distorts sound design or spoken words, and the audience quickly loses focus. Traffic noise, wind noise, and electrical noise from recording equipment are common disruptions. Such issues undermine credibility and divert audience attention. The existing AI cleaning tools can address these […] The post Remove Unwanted Background Noise Using AI Video Editor Cleanup Tools appeared first on Tekedia.

In a May 1 email seen by TechCabal, the Canada-based startup told customers it had stopped processing new transactions and integrations and had begun refunding customer balances. 

 Paymentology, the leading global issuer-processor, today announced a $175 million investment co-led by Apis Partners (“Apis”), a private equity firm specialising in financial infrastructure and services, and Aspirity Partners (“Aspirity”), a pan-European Private Equity firm focused on Financial Technology & Services and Enterprise Technology & Connectivity Services. The investment will support Paymentology’s continued global expansion, product development and […] The post Paymentology Raises $175 Million co-led by Apis Partners and Aspirity Partners to Support Next Phase of Growth appeared first on Tech In Africa.

Guinea-founded fintech Cauridor has secured a $2 million equity investment from Proparco, the private sector arm of the French Development Agency, as it works to scale payment infrastructure connecting global money transfer operators to Africa’s fragmented last-mile networks. The investment was announced on the sidelines of the Africa Forward Summit, co-organised by France and Kenya […] The post Cauridor Raises $2M from Proparco to Fix Africa’s Remittance Last Mile appeared first on Tech In Africa.

IHS Towers is slowing infrastructure spending as rising costs across African markets force telecom companies to rethink expansion plans, a move that could also slow efforts to improve network quality for millions of mobile subscribers.

L’Oréal has opened applications for the third edition of its Big Bang Beauty Tech Innovation Program, inviting startups across the South Asia Pacific, Middle East, and North Africa (SAPMENA) region to compete for a chance to pilot their technology with one of the world’s largest beauty companies. Winners of the program secure a fully funded […] The post L’Oréal Opens 2026 Big Bang Program to Beauty Tech Startups Across SAPMENA appeared first on Tech In Africa.

Metro Africa Xpress (MAX), Africa’s leading electric mobility platform, has secured USD 8 million in debt funding from Triple Jump, marking a key milestone in scaling its clean mobility operations. Triple Jump, a Netherlands-based impact investment manager with a strong track record of financing inclusive financial institutions and clean energy businesses across emerging markets, represents […] The post MAX Lands First International Institutional Lender as Triple Jump Backs $8M EV Expansion appeared first on Tech In Africa.

Table of contents Features of the Sony Xperia 1 VIII Sony Xperia 1 VIII price Sony Xperia 1 VIII vs. Sony Xperia 1 VII Sony today announced the Xperia 1 VIII, its flagship Android phone for the year. Pre-orders opened the same day across Europe and select Asian markets, with shipments set to begin on […]

A lot of Africa’s digital growth is happening through one device people carry every day. The phone. For millions of users across the continent, smartphones became the main way to access the internet, make payments, follow news, shop online, and connect with digital services. In many places, mobile apps are not just part of daily […] The post How Mobile Applications Are Driving Digital Growth Across Africa appeared first on Tekedia.

Africa's AI ambitions keep colliding with the same wall. Foreign powers overpromise, legislation imitates the wrong models, and beneath it all sits an energy deficit that no amount of geopolitical deal-making can paper over. The sovereignty question was never really about algorithms. It was always about the power grid.

The European Casino Industry isn’t just changing — it’s being completely rebuilt from the ground up. I’ve watched legacy transaction models get ripped out and replaced with what insiders now call a “Liquidity Velocity Engine.” And honestly? It’s about time. Optimizing payments used to be this boring back-office thing nobody talked about. Now it’s the […] The post The Business of iGaming: Payment Innovations & European Casino Strategies appeared first on Tekedia.

New tax proposal could raise the cost of cross-border technology services in Kenya, with implications for banks, fintechs, and startups.

Kenya plans to introduce a 25% excise duty on mobile phones, a move that could raise prices in one of Africa’s most connected economies and slow smartphone adoption.

Kenya has already proved that digital payments can bridge the financial inclusion gap. Its next challenge is to build an ecosystem where every bank, fintech, merchant, and mobile wallet can move money seamlessly together.

In today's edition: Jiji acquires Bangladeshi startup || South Africa hires AI policy panel || Bolt increases fares in Kenya || Kenyan regulator wants details of crypto users

Amazon is redefining the speed of e-commerce once again. On Tuesday, the company announced a major expansion of its “Amazon Now” service, promising ultra-fast deliveries of 30 minutes or less in dozens of U.S. cities, marking its boldest bet yet on instant gratification as the future of online shopping. The rollout builds on a December […] The post Amazon Accelerates into Ultra-Fast Delivery with 30-Minute Amazon Now Service Across Dozens of U.S. Cities appeared first on Tekedia.

The digital asset market continues to witness an aggressive wave of institutional accumulation, as major firms deepen their exposure to cryptocurrencies through large-scale treasury acquisitions. In the latest development, software intelligence company Strategy acquired an additional $43 million worth of Bitcoin, while crypto investment firm Bitmine purchased $60 million worth of Ethereum. The coordinated accumulation […] The post Strategy Acquires $43M in Bitcoin While Bitmine Purchases $60M Ethereum appeared first on Tekedia.

For years, Bitcoin has been promoted as digital gold, a decentralized asset capable of protecting wealth during economic turmoil, inflation, and geopolitical instability. Yet billionaire hedge fund manager Ray Dalio has repeatedly questioned whether Bitcoin truly behaves like a safe haven asset. His skepticism reflects a broader debate within global finance: can a highly volatile […] The post Ray Dalio’s Analysis Highlights Tension between Bitcoin’s Revolutionary Promise and Realities of Financial Markets appeared first on Tekedia.

SoftBank Group has injected more than $450 million into British AI chipmaker Graphcore, boosting founder Masayoshi Son’s increasingly aggressive bet that control over artificial-intelligence infrastructure will define the next era of global technology dominance. A filing with the U.K.’s Companies House showed Graphcore issued a single share valued at roughly $457 million on April 10. […] The post SoftBank Deepens AI Hardware Push With Fresh $457 Million Injection Into Graphcore appeared first on Tekedia.

The cryptocurrency industry continues to evolve at the intersection of finance, technology, and digital infrastructure, and two recent developments highlight how rapidly the sector is maturing. Asset manager Grayscale Investments has filed for a Zcash exchange-traded fund tied to the privacy-focused cryptocurrency ZEC, while Telegram has introduced a unified development toolchain for the TON ecosystem. […] The post Grayscale Files for ZEC ETF Amid Telegram’s Unified Development Toolchain appeared first on Tekedia.

The rise of cryptocurrency has created immense wealth, but it has also opened the door to a new wave of violent crime. In a disturbing development, the FBI recently charged three men accused of carrying out brutal crypto-related robberies, highlighting the growing dangers tied to digital assets. While cyber theft and online scams have long […] The post FBI Charged 3 Men Accused of Brutal Crypto-related Robberies appeared first on Tekedia.

The cryptocurrency market thrives on narratives, momentum, and cultural relevance. Few weeks illustrate this better than the recent rise of the Sui ecosystem and the explosive rally of the GOBLIN memecoin. In a market increasingly driven by attention and community engagement, both stories demonstrate how visibility, branding, and internet culture can rapidly influence investor behavior […] The post Sui and GOBLIN Rally Reveals the Increasing Overlap between AI culture and Crypto Markets appeared first on Tekedia.

The competition in artificial intelligence is no longer centered only on building the smartest chatbot. Increasingly, the battle is about ecosystem control, enterprise integration, and cloud infrastructure dominance. That reality became clearer as Anthropic’s Claude AI assistant secured deeper integration with the cloud ecosystem of Amazon Web Services, better known as AWS. The move signals […] The post Claude’s Deep Integration with AWS Highlights the Next Phase of the AI Revolution appeared first on Tekedia.

I saved for my first car, a secondhand Honda Accord imported from Amsterdam, during NYSC. I earned the money through a business opportunity built on observation. Those were the days when being “technical” meant assembling computers from scratch. You bought the motherboard, RAM, hard drive, power unit, and installed Windows yourself. That was the engineering […] The post Why ISA 2025 Will Shape Nigeria’s Next Wealth Cycle appeared first on Tekedia.

OpenAI has reportedly agreed to cap the total revenue it shares with Microsoft at $38 billion, a significant development that marks how the balance of power inside one of Silicon Valley’s most consequential partnerships is beginning to evolve as the artificial intelligence industry enters a new phase. According to a report by The Information, the […] The post OpenAI Reportedly Agrees to Cap Revenue Sharing with Microsoft at $38bn appeared first on Tekedia.

The rapid commercialization of artificial intelligence has entered a new phase as OpenAI moves beyond building models and into helping enterprises deploy them at scale. In a significant strategic expansion, OpenAI has reportedly created a deployment-focused company designed to assist businesses in integrating AI systems directly into their operations. The move signals a broader transformation […] The post OpenAI’s Move into Deployment Services Demonstrates AI is Entering a Commercial Stage  appeared first on Tekedia.

Michael Saylor’s latest remarks about Strategy’s Bitcoin policy reinforces a message the company has communicated for years: Bitcoin is not simply a treasury reserve asset for the firm, but the foundation of its long-term corporate strategy. In a recent statement, Saylor explained that Strategy would aim to buy “10 to 20 Bitcoin for every one […] The post Strategy Does not View Bitcoin as a Speculative Tradeable Asset appeared first on Tekedia.

The explosive intersection of artificial intelligence and cryptocurrency speculation reached a new extreme when traders on the decentralized exchange Hyperliquid paid annualized fees as high as 8,700% to maintain leveraged synthetic positions tied to the valuation of AI startup Anthropic. The phenomenon reflects the growing appetite for AI-linked financial exposure, even when the underlying company […] The post Hyperliquid Paid Annualized Fees as High as 8,700% to Maintain Leveraged Synthetic Positions appeared first on Tekedia.