Economists expect slower but still robust export growth, with investors watching whether external demand can offset weakness in the domestic economy China’s export growth likely moderated in July after posting its strongest increase in months in June, although overseas shipments are expected to remain exceptionally strong as booming global demand for artificial intelligence-related products and […] The post China’s Export Growth Seen Easing in July as AI Demand and Tariff Frontloading Continue to Support Trade appeared first on Tekedia.

European equities hit fresh records while investors look past technology volatility and await key U.S. jobs data for clues on Federal Reserve policy Global equity markets regained momentum on Thursday, with European stocks climbing to fresh record highs as stronger-than-expected corporate earnings and renewed optimism about artificial intelligence-driven growth outweighed concerns over a volatile technology […] The post Global Stocks Rebound to Record Highs as Earnings Optimism Offsets AI Jitters, Iran Diplomatic Hopes Ease Oil Concerns appeared first on Tekedia.

The World Bank has noted that Artificial intelligence (AI) could enable developing countries to accomplish in just a decade what might otherwise take a century. According to the World Development Report 2026: The Promise of Artificial Intelligence released by the World Bank Group, it found that jobs in high-income countries are more than three times […] The post AI Could Help Developing Countries Achieve A Century of Progress in A Decade – World Bank Says appeared first on Tekedia.

Peloton Interactive delivered its first full year of net profit and operating income in fiscal 2026, marking a major turnaround for the connected fitness company after years of losses. However, the company warned that revenue is expected to decline in fiscal 2027 as it laps previous price increases on its hardware and subscription plans and […] The post Peloton Posts First Annual Profit but Forecasts Weaker Sales as Growth Challenges Persist appeared first on Tekedia.

The cryptocurrency market is undergoing one of its most significant structural transformations since Bitcoin first entered the mainstream. Fresh data from leading crypto market maker Wintermute reveals that institutional investors now account for a record 72% of spot trading volume on its over-the-counter (OTC) desk during the first half of 2026, a sharp increase from […] The post Institutions Now Dominate Crypto Trading as Market Structure Continues to Mature appeared first on Tekedia.

Siemens raised its full-year earnings guidance on Thursday after reporting a record quarterly industrial profit, as surging global investment in artificial intelligence infrastructure fueled strong demand for its automation software, smart factory technologies and data center equipment. The German engineering and industrial technology group said the AI investment cycle is becoming an increasingly powerful growth […] The post Siemens Lifts Full-Year Outlook After Record Industrial Profit As AI Infrastructure Boom Drives Orders appeared first on Tekedia.

Bitwise Chief Investment Officer Matt Hougan in a recent statement has noted that the cryptocurrency industry will continue to make progress even if the Clarity Act does not pass Congress this week. In a statement captured by Cointelegraph, Hougan pointed to two main reasons for his confidence, which is the readiness of SEC Chair Paul […] The post Crypto Will Keep Advancing Even If Clarity Act Fails – Bitwise CIO Says appeared first on Tekedia.

Block Inc. raised its full-year gross profit forecast after delivering better-than-expected second-quarter results, underscoring the resilience of digital payments and the growing contribution of Cash App as the company continues to expand beyond peer-to-peer transfers into a broader financial services platform. The fintech company now expects gross profit of $12.51 billion in 2026, representing 21% […] The post Block Raises 2026 Profit Outlook as Cash App Powers Growth, AI Efficiency Boosts Margins, Beating Estimates appeared first on Tekedia.

Nigeria has introduced stricter rules governing virtual-asset transactions, requiring crypto operators and users to obtain Tax Identification Numbers or face significant fines and possible imprisonment. In a circular published by the Nigeria Revenue Service (NRS), it provided a clear administrative framework for the taxation of virtual assets in Nigeria. The NRS set out the applicable […] The post Nigeria Mandates Tax IDs For Crypto Operators to Curb Tax Evasion appeared first on Tekedia.

Moment, a payments infrastructure company serving enterprise merchants across Africa, has closed a $22 million Series A round to scale its collections and billing platform. AlphaCode Venture Partners led the round, joined by returning backers General Catalyst and MultiChoice, plus a first-time check from French media group Canal+. The raise pushes Moment’s total funding to […] The post Cape Town Payments Startup Moment Lands $22 Million Series A With Canal+ Joining the Cap Table appeared first on Tech In Africa.

Palantir Technologies stunned Wall Street with a dramatic 30% share price this week, marking its strongest single-day performance in nearly two years and delivering a painful setback to investors betting against the company. The surge came after the software and artificial intelligence firm reported stronger-than-expected quarterly earnings and raised its full-year guidance, reigniting investor enthusiasm […] The post Palantir’s 30% Surge Delivers Crushing Blow to Short Sellers appeared first on Tekedia.

Global consumer electronics brand TCL has opened the doors to its first TCL Experience Store in South Africa, bringing the brand’s latest innovations under one roof at Cedar Square in Fourways, Johannesburg. The new store marks a significant step in TCL’s growth strategy for the South African market and is designed to change the way […]

Clea, the stablecoin-powered cross-border payments platform helping African businesses trade globally, has launched Vendor Payments, a new capability that enables businesses to simplify payments to international suppliers, auction platforms and shipping companies directly through the platform. Clea surpassed $20 million in transaction volume within six months of emerging from stealth in December 2025, reflecting growing […]

Fresh on-chain activity has once again placed Strategy under the spotlight after blockchain analytics platform Lookonchain flagged a wallet linked to the company moving 1,030 Bitcoin, valued at approximately $66.14 million. While there is no confirmation that the transfer represents another sale, the timing has fueled speculation across the cryptocurrency market, especially after Strategy recently […] The post Strategy Moves Another 1,030 BTC as Investors Watch for More Bitcoin Sales appeared first on Tekedia.

How can young people build a career in a world that keeps changing the rules? It’s a fair question, and one that’s being asked by matriculants and students across the country. It’s also the right question: not what should I study, but how do I find a way of studying that ensures I am keeping […]

Chipmaker introduces 400-layer BV-NAND prototype and next-generation zHBM architecture as AI drives demand for faster, denser and more energy-efficient memory Samsung Electronics on Tuesday unveiled a new generation of artificial intelligence memory technologies, including a prototype flash memory chip with more than 400 layers and a new three-dimensional memory architecture, as the world’s largest memory […] The post Samsung Unveils Next-Generation AI Memory Technologies to Strengthen Lead in Booming Semiconductor Market appeared first on Tekedia.

Prediction market platform Polymarket is reportedly seeking to raise approximately $1 billion in a new funding round that could value the company at more than $20 billion, underscoring the remarkable growth of decentralized forecasting platforms. The fundraising effort comes as prediction markets continue to gain traction among retail users, institutional investors, and policymakers who increasingly […] The post Polymarket Seeks $1 Billion in Funding at a Valuation Above $20 Billion appeared first on Tekedia.

Microsoft, Meta Platforms, Oracle, Amazon and Alphabet have collectively committed more than $1 trillion in future lease payments for data centers and other infrastructure that have not yet entered service, revealing the extraordinary scale of the artificial intelligence investment cycle and the long-term financial commitments underpinning it. According to a Reuters analysis of company filings, […] The post Big Tech Locks In More Than $1tn of Future AI Data Center Leases, Underscoring Long-Term Infrastructure Bet appeared first on Tekedia.

Artificial intelligence and blockchain gaming are once again making headlines as two notable developments capture the attention of the technology industry. On one hand, anticipation is building around the expected release of Grok 4.6, the next iteration of xAI’s flagship large language model, which is rumored to launch as early as next week. On the […] The post Grok 4.6 and Proof of Play Highlight AI and Web3 Industry Shifts appeared first on Tekedia.

Asian technology stocks surged on Wednesday after a powerful rally on Wall Street, where strong corporate earnings, easing oil prices and renewed optimism over artificial intelligence spending drove major U.S. stock indexes to fresh record highs. Japanese investment giant SoftBank Group led the regional advance, soaring nearly 14%, while semiconductor testing equipment maker Advantest climbed […] The post Softbank Jumps 14%, SK Hynix and TSMC Climb As Wall Street Rally Lifts Asian AI Stocks appeared first on Tekedia.

Hyperliquid has reached a significant milestone in the decentralized finance ecosystem, with its open interest climbing above $4 billion for the first time in the platform’s history. The achievement underscores the rapid growth of decentralized perpetual futures trading and highlights the increasing confidence traders are placing in on-chain derivatives markets. As traditional exchanges continue to […] The post Hyperliquid Open Interest Surpasses $4 Billion, Setting a New All-Time High appeared first on Tekedia.

The global payments industry is undergoing another major transformation as Western Union takes a significant step into the digital asset economy with the launch of its Stablecard, backed by USDPT on the Solana blockchain. The move represents a strategic effort by one of the world’s oldest and most recognized money transfer companies to modernize cross-border […] The post Western Union Unveils Solana-Based Stablecard Powered by USDPT appeared first on Tekedia.

Global financial markets opened the day on a strong footing as optimism surrounding the Strait of Hormuz helped fuel a broad-based rally across equities, commodities, and digital assets. Investors welcomed signs of easing geopolitical tensions in one of the world’s most strategically important energy corridors, driving Wall Street to fresh record highs while sending crude […] The post Wall Street Record Highs Face Skepticism as 2008 Housing Crash Predictor Turns Bearish appeared first on Tekedia.

The digital asset industry continues to evolve through a combination of technological innovation and growing community engagement. Two recent developments have attracted significant attention across the crypto ecosystem. The activation of Solana’s long-awaited disinflation proposal and the upcoming sale of tickets for ApeFest, one of the most recognized gatherings in the NFT community. These events […] The post Solana’s Disinflation Proposal Goes Live, as Trump Memecoin Under Fire as US Lawmakers Call for SEC Probe appeared first on Tekedia.

BNY, the world’s largest custodian bank with more than $57 trillion in assets under custody and administration, has taken another major step into the digital asset economy by launching institutional crypto staking through a partnership with Galaxy. The announcement underscores how traditional financial institutions are increasingly embracing blockchain-based services as demand from institutional investors continues […] The post BNY Launches Institutional Crypto Staking as Jeff Bezos Plans $4.1 Billion Amazon Share Sale appeared first on Tekedia.

Bitcoin developers have launched a broad “red team” security initiative targeting wallets, hardware devices, and other Bitcoin software in the wake of the recent Coldcard wallet security incident. The coordinated effort reflects the Bitcoin ecosystem’s growing emphasis on proactive cybersecurity, with developers seeking to uncover vulnerabilities before they can be exploited by malicious actors. The […] The post Bitcoin Developers Launch Red Team Security Audit After Coldcard Hack appeared first on Tekedia.

The technology and financial markets witnessed another eventful trading session as SpaceX reported stronger-than-expected earnings while unveiling a strategic partnership with Nvidia aimed at accelerating artificial intelligence infrastructure. Despite the positive financial results and high-profile collaboration, SpaceX shares fell 11% in post-market trading, highlighting investors’ increasingly demanding expectations for the world’s largest technology companies. At […] The post SpaceX Earnings Surprise, Nvidia Partnership, AMD Selloff, and Cloudflare’s Stablecoin Wallet Signal a Shifting Tech Landscape appeared first on Tekedia.

Justice Department says OpenAI and Statsig discriminated against U.S. workers in hiring, while Anthropic appoints veteran policymaker Mariano-Florentino Cuéllar to navigate mounting regulatory and geopolitical challenges. OpenAI has agreed to pay $3.2 million to settle allegations by the U.S. Department of Justice that it discriminated against American job applicants by favoring foreign workers holding temporary […] The post OpenAI Agrees to $3.2m U.S. Hiring Bias Settlement as Anthropic Appoints Former Judge as Global Policy Head appeared first on Tekedia.

The Japanese yen steadied on Wednesday after one of its most volatile trading periods in months, following unprecedented joint intervention by Japan and the United States, while the dollar hovered near six-week lows against major currencies as easing tensions over the Iran conflict and lower oil prices eroded demand for traditional safe-haven assets. The yen […] The post Yen Steadies After Historic U.S.-Japan Intervention As Treasury Backing, Easing Iran Tensions Weigh On Dollar appeared first on Tekedia.

Wall Street delivered another historic session as the S&P 500 closed at a fresh all-time high, adding an estimated $1.2 trillion in market capitalization in a single trading day. The rally reflected growing investor confidence in the U.S. economy, resilient corporate earnings, and renewed optimism that geopolitical tensions in the Middle East may begin to […] The post S&P 500 Reaches New Record High as Markets Add $1.2 Trillion While Oil Prices Slide on Iran Deal Hopes appeared first on Tekedia.

I am honored to be participating in the Nigeria Diaspora Economic Conference (NiDEC) 2026, taking place from 11–15 August 2026 in Toronto, Mississauga, and Brampton, Ontario, Canada. Under the theme “Invest Nigeria; Thrive Abroad,” the conference brings together members of the Nigerian diaspora, policymakers, investors, entrepreneurs, and business leaders to explore practical pathways for accelerating […] The post NiDEC 2026: Unlocking Nigeria’s Future Through the Diaspora and the Capital Market appeared first on Tekedia.

Arizona highways carry thousands of commercial trucks every day, keeping stores stocked and businesses moving. Along with that heavy traffic comes a greater chance of serious crashes that can change lives in seconds. Unlike regular car accidents, truck collisions often involve larger vehicles, more damage, and several parties who may share responsibility. Knowing the causes […] The post Breaking Down the Main Causes of Truck Accident Cases in Arizona appeared first on Tekedia.

The AI boom has turned memory manufacturers into some of the biggest beneficiaries of the semiconductor industry, with SK hynix emerging as perhaps its largest winner and its shares becoming one of the top stock gainers. However, the company’s latest quarterly report highlighted a key important feature of today’s stock market: even record-breaking financial results […] The post SK hynix Delivers Record Results, but the Market Wants Even More appeared first on Tekedia.