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Technology
Kenyan cross-border fintech WapiPay enters Canada with money services licence
The licence allows the company to offer foreign exchange, money transfer, and payment services in Canada through a newly established subsidiary, while also providing regulatory approval to handle virtual currency and digital asset transactions.
TechCabal -
Semiconductor Stocks Rally on Apple–Intel Deal Speculation
Two distinct but consequential developments in the semiconductor and blockchain sectors have recently drawn investor attention as markets react to a rumored Apple–Intel chip manufacturing deal and leadership uncertainty within the Ethereum ecosystem following the reported resignation of a co-director of the Ethereum Foundation which raises concerns about near-term funding stability On the semiconductor front […] The post Semiconductor Stocks Rally on Apple–Intel Deal Speculation appeared first on Tekedia.
Tekedia -
BTC Slides Amid $90M ETF Outflows and Rising Market Pressure
Bitcoin’s decline below the $63,000 threshold, accompanied by more than $180 million in leveraged liquidations and over $90 million in net outflows from spot Bitcoin exchange-traded funds (ETFs), underscores a renewed phase of volatility in the digital asset market. The move reflects a convergence of deleveraging pressure, shifting institutional flows, and fragile market sentiment after […] The post BTC Slides Amid $90M ETF Outflows and Rising Market Pressure appeared first on Tekedia.
Tekedia -
Kraken Bridges CeFi and DeFi With Solana DEX Trading Feature
Kraken’s decision to integrate Solana-based decentralized exchange (DEX) trading directly into its core application represents a notable step in the ongoing convergence between centralized crypto exchanges and decentralized finance. By embedding on-chain trading capabilities within its primary interface, the platform reduces friction for users who previously had to rely on external wallets, bridges, or standalone […] The post Kraken Bridges CeFi and DeFi With Solana DEX Trading Feature appeared first on Tekedia.
Tekedia -
STRC Falls to $82 Before Rebounding Above $88 as Saylor Reveals AI-Assisted Development
The cryptocurrency and digital asset market witnessed another volatile trading session as STRC, the preferred stock issued by Strategy, briefly plunged to a low of $82 before recovering and climbing back above $88. The sharp price movement attracted significant attention from investors and analysts, particularly as Strategy chairman Michael Saylor disclosed that artificial intelligence played […] The post STRC Falls to $82 Before Rebounding Above $88 as Saylor Reveals AI-Assisted Development appeared first on Tekedia.
Tekedia -
China Strengthens Digital Currency Ecosystem with 26 New Institutions
China’s digital currency ambitions continue to gain momentum as the country expands the reach of its Digital Yuan network by adding 26 new institutions. The move represents another significant step in China’s long-term strategy to modernize its financial infrastructure, strengthen the adoption of its central bank digital currency (CBDC), and reduce reliance on traditional payment […] The post China Strengthens Digital Currency Ecosystem with 26 New Institutions appeared first on Tekedia.
Tekedia -
Strategy Expands Bitcoin Bet, Acquires $100 Million Worth of BTC in Latest Buy
Strategy has further strengthened its position as the world’s largest corporate holder of Bitcoin. The company recently acquired 1,587 BTC for $100 million, bringing its Bitcoin reserves to 846,842 BTC with an overall average purchase price of $75,656. The purchases averaged $63,024 per BTC between June 8 and June 14, 2026. The company also boosted […] The post Strategy Expands Bitcoin Bet, Acquires $100 Million Worth of BTC in Latest Buy appeared first on Tekedia.
Tekedia -
Why the Strait of Hormuz Matters for Global Oil Prices
The reported sequence of developments surrounding the Strait of Hormuz, Iran negotiations, and U.S. defense posture outlines a rapid de-escalation followed by immediate recalibration of military and diplomatic strategy. The end of the Hormuz blockade, the signing of a new agreement with Iran, and Washington’s fiscal and diplomatic responses suggest a crisis that moved from […] The post Why the Strait of Hormuz Matters for Global Oil Prices appeared first on Tekedia.
Tekedia -
Nvidia’s Self-Learning Robots Mark a New Era in Artificial Intelligence
Artificial intelligence is rapidly transforming industries around the world, and one of the most exciting developments is the emergence of intelligent robots capable of learning on their own. Leading this revolution is NVIDIA, which has unveiled a new generation of AI-powered robots designed to train themselves through advanced simulation and machine learning technologies. This breakthrough […] The post Nvidia’s Self-Learning Robots Mark a New Era in Artificial Intelligence appeared first on Tekedia.
Tekedia -
EU Leaders Confront Deepening Trade Imbalance with China as Critical Minerals and Market Access Emerge as Flashpoints
European Union leaders convened in Brussels on Thursday to grapple with a growing consensus that the bloc’s lopsided trade relationship with China has become unsustainable, weighing tougher defensive measures against the risks of further escalation with the world’s second-largest economy. Diplomats described a gradual alignment among the 27 member states on the problem: a daily […] The post EU Leaders Confront Deepening Trade Imbalance with China as Critical Minerals and Market Access Emerge as Flashpoints appeared first on Tekedia.
Tekedia -
Baseten Nears $1.5bn Funding Round as AI Inference Race Sends Valuation Soaring to $13bn
Artificial intelligence infrastructure startup Baseten is close to securing a major funding round that would value the company at $13 billion, highlighting the growing investor appetite for businesses powering the next phase of AI adoption. The San Francisco-based AI inference company is reportedly finalizing a $1.5 billion financing round, according to The Wall Street Journal. […] The post Baseten Nears $1.5bn Funding Round as AI Inference Race Sends Valuation Soaring to $13bn appeared first on Tekedia.
Tekedia -
AI Adoption Has Surged 49% In The U.S., But Only 16% Of Americans Think AI Will Benefit Society
In the United States, the adoption of artificial intelligence has hit a record pace, but has failed to translate into greater public confidence in the technology. A new survey from the Pew Research Center reveals that while nearly half of U.S. adults now use chatbots, only a small minority believe the technology will ultimately benefit […] The post AI Adoption Has Surged 49% In The U.S., But Only 16% Of Americans Think AI Will Benefit Society appeared first on Tekedia.
Tekedia -
 
 
“Bitcoin Keeps Working”: Strategy CEO Michael Saylor Issues Strong Message Amid Market Volatility
Strategy Executive Chairman Michael Saylor remains unwavering in his conviction about Bitcoin’s long-term value as the world’s largest cryptocurrency faces renewed selling pressure and sharp price declines. Amid heightened market volatility that has rattled investors and triggered concerns about Bitcoin’s near-term trajectory, Saylor in a post on X, issued a confident message, insisting that “Bitcoin […] The post “Bitcoin Keeps Working”: Strategy CEO Michael Saylor Issues Strong Message Amid Market Volatility appeared first on Tekedia.
Tekedia -
White House, Anthropic Move Toward AI Safety Rulebook After Clash Over Powerful New Models
The White House and Anthropic are working to establish what could become one of the first formal frameworks for evaluating security vulnerabilities in advanced artificial intelligence models, following a high-profile dispute that led the U.S. government to effectively force the withdrawal of Anthropic’s most powerful systems from the market. According to U.S. officials familiar with […] The post White House, Anthropic Move Toward AI Safety Rulebook After Clash Over Powerful New Models appeared first on Tekedia.
Tekedia -
NGX Overhauls Price Movement Rules to Curb Market Distortions, Boost Liquidity in Premium Stocks
The Nigerian Exchange (NGX) is set to introduce a major change to its pricing methodology that could reshape how share prices move on the local bourse, with new minimum trading volume thresholds required before stock prices can change. The reform, confirmed in the Exchange’s updated Rulebook and corroborated by multiple market operators, is aimed at […] The post NGX Overhauls Price Movement Rules to Curb Market Distortions, Boost Liquidity in Premium Stocks appeared first on Tekedia.
Tekedia -
RMZ Sets $35bn Investment Drive to Become Major Player in India’s Booming Data Center and AI Infrastructure Market
Bengaluru-based diversified real estate and investment firm RMZ is preparing a massive expansion into data centers, targeting 2-3 gigawatts of capacity over the next five years as part of a broader $35 billion investment drive aimed at capitalizing on India’s surging demand for AI and cloud computing infrastructure. The company, which currently operates 250 megawatts, […] The post RMZ Sets $35bn Investment Drive to Become Major Player in India’s Booming Data Center and AI Infrastructure Market appeared first on Tekedia.
Tekedia -
Africa Urges EU to Fill the Climate Finance Void Left by the US
Tech In Africa -
Top South Africa tech investor says it is no longer just a Tencent story
While Tencent consistently delivered outsized returns, many of Prosus's businesses remained focused on growth rather than profitability.
TechCabal -
Prediction Market Apps and the Future of Data-Driven Finance
Prediction markets started as a niche curiosity. Today, they are attracting traders, investors and businesses interested in a simple question: can markets forecast the future better than experts? Wall Street has spent decades trying to predict the future. Economists publish forecasts, analysts build models, and investors pore over data looking for an edge. Prediction markets […] The post Prediction Market Apps and the Future of Data-Driven Finance appeared first on Tekedia.
Tekedia -
What to expect from Samsung Galaxy Watch 9
This guide covers the expected launch date, pricing, key features and upgrades, and how the device compares with the Galaxy Watch 8.
TechCabal -
PawaPay Hits 3 Billion Successful Mobile Money Transactions
PawaPay, a UK-based fintech that provides mobile payments solutions to African businesses, has recorded a landmark 3 billion successful mobile money transactions, underscoring the rapid acceleration of digital payments across Africa. The payment company disclosed that while the first billion transactions took four years to achieve, the second billion was processed in less than 12 […] The post PawaPay Hits 3 Billion Successful Mobile Money Transactions appeared first on Tekedia.
Tekedia -
Fable 5 Re-Release Delayed by White House Security Requirements
The rapid advancement of artificial intelligence has sparked both excitement and concern among governments, technology companies, and the public. As AI systems become increasingly powerful, questions surrounding safety, security, and regulation have moved to the forefront of policy discussions. Recent developments involving the AI model Fable 5 and comments from Anthropic’s CEO illustrate how seriously […] The post Fable 5 Re-Release Delayed by White House Security Requirements appeared first on Tekedia.
Tekedia -
The Future of Leverage Trading: CME, CFTC, and Perpetual Contracts
The reported plan by CME Group to sue the U.S. Commodity Futures Trading Commission (CFTC) over the regulation of perpetual futures marks a significant escalation in the long-running tension between traditional derivatives exchanges and emerging crypto-native financial products. At the center of the dispute is a fundamental question: whether perpetual futures—contracts with no expiration date, […] The post The Future of Leverage Trading: CME, CFTC, and Perpetual Contracts appeared first on Tekedia.
Tekedia -
Why France Wants to Phase Out Non-Quantum-Secure Financial Assets
The reported policy shift in France to phase out securities that do not meet quantum encryption standards marks a significant escalation in the intersection of national security, financial regulation, and cryptographic modernization. Framed against rising concerns about the long-term integrity of digital assets and financial infrastructure—particularly in relation to vulnerabilities exposed by advances in computing—this […] The post Why France Wants to Phase Out Non-Quantum-Secure Financial Assets appeared first on Tekedia.
Tekedia -
 
 
Google’s Alex Okosi on what’s holding back Africa’s AI startups 
This year's cohort arrives amid growing debate over whether Africa can turn AI adoption into sustainable, venture-scale businesses.  
TechCabal -
Apple CEO Says Memory Costs Surge Has Made Device Price Hike Inevitable
Apple is preparing investors and consumers for an uncomfortable reality: the era of absorbing rising component costs may be coming to an end. In an interview with The Wall Street Journal, Chief Executive Tim Cook indicated that soaring memory prices are forcing the company to consider passing higher costs on to customers. While he stopped […] The post Apple CEO Says Memory Costs Surge Has Made Device Price Hike Inevitable appeared first on Tekedia.
Tekedia -
Again, Iran War Fuel Shock Boosts Europe’s Shift to EVs as New and Used Demand Surges
Rising fuel prices triggered by the Iran war are giving fresh momentum to electric vehicle adoption across Europe, with industry data showing sharp increases in both new registrations and used-car interest even as some executives caution that the surge could prove temporary if energy costs ease. New EV registrations jumped 34% year-on-year in May across […] The post Again, Iran War Fuel Shock Boosts Europe’s Shift to EVs as New and Used Demand Surges appeared first on Tekedia.
Tekedia -
FERC Fast-Tracks Grid Access for AI Data Centers as Surging Power Demand Tests U.S. Energy Infrastructure
Federal regulators on Thursday took a major step to ease the strain on America’s creaking electric transmission system, unanimously approving measures that will allow large energy users, particularly power-hungry artificial intelligence data centers, to connect to the grid more quickly. The Federal Energy Regulatory Commission (FERC) directed utilities and grid operators to prioritize timely and […] The post FERC Fast-Tracks Grid Access for AI Data Centers as Surging Power Demand Tests U.S. Energy Infrastructure appeared first on Tekedia.
Tekedia -
Meta’s LeCun Calls Musk’s xAI, “a Failure”, Warns of Industry ‘Bubble Explosion’
The artificial intelligence boom that has propelled a handful of companies to trillion-dollar valuations may be heading toward a harsh financial reality, according to Yann LeCun, founder of AMI Labs and one of the most influential figures in modern AI research. In a fresh broadside against Elon Musk and his artificial intelligence venture xAI, LeCun […] The post Meta’s LeCun Calls Musk’s xAI, “a Failure”, Warns of Industry ‘Bubble Explosion’ appeared first on Tekedia.
Tekedia -
MarkHack 5.0 Explores AI, Culture at the Center of Marketing and Innovation in Nigeria
MarkHack 5.0 Explores AI, Culture at the Center of Marketing and Innovation in Nigeria MarkHack 5.0 delivered a defining moment for Africa’s marketing, media, and technology ecosystem, convening an elite cross-section of… TechCity
Tech City NG -
Cash Tables vs Poker Tournaments Need Different Budget Rules
A poker budget works only when it is attached to a format. Cash tables and tournaments both use cards, chips, blinds, and pressure, yet they ask different things from the same set-aside amount. A cash table gives the player more control over session length. A tournament gives a clearer entry point, then adds time, patience, […] The post Cash Tables vs Poker Tournaments Need Different Budget Rules appeared first on Tekedia.
Tekedia -
TECNO and itel’s Tech Gifts Ideas for Father’s Day
Father’s Day is around the corner. It is a time to celebrate, honor, and appreciate the contributions, support, love, and sacrifices of fathers and father figures in your life. In today’s fast-paced digital world, fathers are embracing tech not just as a necessity but as a lifestyle. Whether it’s staying in touch with family via […]
IT News Africa -
MarkHack 5.0 Celebrates Innovation with Hackathon and the 2nd Nigeria MarTech Award 
Tech City NG -
Infinix Launches HOT 70 Series with Industry-First 12-Colorway Dynamic Shine Design
Tech City NG -
10 Ways Meta Teen Accounts are making Online Experiences Safer
As South Africa observes Youth Month, attention turns to the role young people play in shaping the country’s future, alongside growing conversations about their safety, wellbeing, and development in digital spaces. Meta is taking a wider approach to teen online safety, aiming to create more supportive, age-appropriate across its platforms. The goal is to build […]
IT News Africa -
How Can Corporate Travel Management Shift
For many businesses, managing corporate travel is no longer just about booking trips. It is increasingly about coordinating a growing number of moving parts. Travel now cuts across multiple teams, suppliers and systems from flights and accommodation to approvals, payments and reporting, all under increasing pressure to manage spend more closely. What was once handled […]
IT News Africa -