Steve Eisman, the investor known for his contrarian bet against the U.S. housing market ahead of the 2008 financial crisis, is expressing caution over SpaceX’s upcoming IPO, arguing that the company’s shift toward AI-linked infrastructure is making its business model significantly more capital-intensive and harder to justify at scale. Speaking on CNBC, Eisman said he […] The post Investor Eisman Warns SpaceX IPO Story Is Becoming Too Capital-Intensive as AI Pivot Drives New Risks appeared first on Tekedia.

The European Union has imposed sanctions on two Iranian individuals and a unit of the Islamic Revolutionary Guard Corps (IRGC) over actions linked to the disruption of maritime traffic in the Strait of Hormuz, a move that signals European alignment with efforts to counter Tehran’s actions in one of the world’s most strategically important waterways. […] The post EU Sanctions Iran Over Strait of Hormuz Disruption in Move That Aligns Europe More Closely With Trump’s Pressure Campaign appeared first on Tekedia.

Coinbase CEO Brian Armstrong has publicly outlined a pragmatic approach to managing AI costs, recommending, among other things, intelligently routing prompts to cheaper models for most tasks while reserving the most advanced systems for high-value work. In a post on X on Sunday, Armstrong revealed that Coinbase has been actively optimizing its AI usage by […] The post Coinbase CEO Brian Armstrong Urges Shift to Cheaper AI Models, Signaling End of the “Tokenmaxxing” Era appeared first on Tekedia.

Meta Platforms has escalated its long-running legal battle with Israeli spyware company NSO Group, filing a federal court motion for contempt on Monday after allegedly discovering new spear-phishing attempts linked to the controversial firm targeting WhatsApp users. The social media giant said its messaging service recently disrupted fresh attacks that mirrored previous “1-click” phishing campaigns, […] The post Meta Files Contempt Motion Against Israeli Spyware Firm NSO Group, Accusing It of Defying Permanent WhatsApp Injunction appeared first on Tekedia.

BitGo MENA FZE, a subsidiary of BitGo Holdings, Inc. the digital asset infrastructure company, announced the launch of electronic trading in the Middle East and North African (MENA). Clients can now access a comprehensive trading solution combining BitGo MENA’s established over-the-counter trading offering with institutional-grade electronic execution, all operating under BitGo MENA’s Broker-Dealer license from […] The post BitGo Launches Regulated Electronic Trading Across the UAE and Wider MENA appeared first on Tekedia.

U.S. ingredients giant Ingredion has agreed to acquire British food ingredients maker Tate & Lyle for £2.7 billion ($3.6 billion) in cash, creating one of the world’s largest specialty ingredients companies and underscoring a major shift underway in the global food industry. The deal is seen as a reflection of a broader transformation in how […] The post British Ingredion to Acquire Tate & Lyle in a $3.6bn Deal, Signaling Global Race for Health-Focused Food Ingredients appeared first on Tekedia.

Oil prices jumped sharply on Monday, with Brent crude rising more than $4 per barrel, as fresh Israeli strikes on Iranian targets and renewed attacks on Lebanon eroded optimism for a quick diplomatic resolution and heightened concerns over global energy supplies. At the same time, U.S. Treasury yields edged higher, and the dollar strengthened, reflecting […] The post Oil Prices Surge Over $4 as Treasury Yields Climb and Dollar Strengthens on Iran Crisis appeared first on Tekedia.

The global airline industry’s post-pandemic recovery is facing its most serious test in years, with soaring jet fuel prices expected to slash carrier profits by nearly half in 2026 and expose deep vulnerabilities across the aviation sector. The warning from the International Air Transport Association (IATA) highlights how the economic fallout from the U.S.-Iran conflict […] The post Airline Profits Headed for a Half as $100bn Fuel Jump Threatens Industry – IATA appeared first on Tekedia.

Yuga Labs has completed a coordinated whitehat recovery operation that successfully retrieved more than 60 blue-chip NFTs previously exposed through vulnerabilities tied to the Flooring Protocol ecosystem, marking one of the more significant proactive security interventions in the current NFT market cycle. According to industry-aligned accounts of the incident, the recovery effort focused on assets […] The post What Yuga Labs’ Whitehat NFT Recovery Means for NFT Security in 2026 appeared first on Tekedia.

Venture capital funding for German biotech firms experienced a pronounced contraction in 2025, marking one of the most significant slowdowns in European life sciences investment in recent years. After a multi-year period of strong capital inflows driven by pandemic-era innovation momentum, oncology breakthroughs, and mRNA platform enthusiasm. The sector entered a phase of capital scarcity […] The post Venture Capital for German Biotech Firms Collapsed in 2025 appeared first on Tekedia.

SpaceX and Google have reportedly entered a landmark agreement in which SpaceX signs a $920 million monthly artificial intelligence compute deal with Google, marking one of the largest cloud infrastructure commitments in the AI era. Under the arrangement, SpaceX is expected to tap Google’s advanced data center fleet and tensor processing infrastructure to support its […] The post SpaceX Signs $920M Monthly AI Compute Deal With Google for Hyperscale AI Infrastructure appeared first on Tekedia.

Hyperliquid’s latest milestone marks a structural shift in derivatives market microstructure rather than a simple cyclical spike. The protocol’s aggregate perpetual futures market share relative to centralized exchanges has reached an all-time high above 8%, while daily revenue has surged past $20 million for the first time in roughly four months. Taken together, these two […] The post Hyperliquid Hits Record 8% Perp Market Share as Daily Revenue Surpasses $20M appeared first on Tekedia.

Gold’s break below its 200-day moving average marks a technically significant shift in market structure, signaling a potential transition from a long-term bullish regime into a more uncertain or corrective phase. For the first time since 2023, the metal has slipped beneath this widely watched trend indicator, forcing traders, macro funds, and systematic strategies to […] The post Gold Price Breaks Below 200-Day Moving Average for First Time Since 2023 appeared first on Tekedia.

Nvidia on Monday announced a series of major partnerships across South Korea’s technology and industrial landscape, bolstering the country’s critical role in the global AI supply chain while expanding its ambitions into robotics, data centers, and next-generation manufacturing. The deals, unveiled during CEO Jensen Huang’s high-profile visit to Seoul, his second in seven months, encompass […] The post Nvidia Deepens Alliance with South Korea’s Tech, Securing Memory Supply and Expanding into Robotics and AI Infra appeared first on Tekedia.

Prediction markets have increasingly become a real-time gauge of public sentiment around technological, financial, and political events. In the cryptocurrency sector, they often provide insight into how traders assess risks that are difficult to quantify through traditional analysis. One recent example involves the privacy-focused cryptocurrency Zcash, where participants on the Polymarket have assigned an 11% […] The post Polymarket Traders Assign 11% Odds to Potential Exploitation of Zcash’s At-Risk Orchard Pool appeared first on Tekedia.

Financial markets began the day on a positive note as Nasdaq futures climbed more than 1% in premarket trading, signaling renewed investor optimism toward technology stocks and growth-oriented companies. The move comes amid heightened excitement surrounding one of the most anticipated public offerings in recent history: the upcoming IPO of SpaceX, which is expected to […] The post Nasdaq Futures Surges as Markets Anticipate SpaceX IPO Debut appeared first on Tekedia.

The latest treasury activity from institutional crypto allocators highlights a widening tension between long-term conviction and short-term mark-to-market pressure. Strategy has added another $101 million worth of Bitcoin at an average acquisition price of roughly $65,000 per BTC, reinforcing its position as one of the most aggressive corporate accumulators of digital assets. At the same […] The post Strategy’s $101M Bitcoin Buy at $65K and Rising 11-Figure Unrealized Losses appeared first on Tekedia.

When I was in secondary school, I was often entrusted by senior kinsmen in my village to help manage their home-building projects. They would arrive from the city on Saturday, provide funds for construction, and return to work on Sunday. My assignment was simple: buy cement, iron rods, sand, gravel, and other materials so that […] The post Tekedia Capital Invests in Bulk Inventory OS, Rebulk appeared first on Tekedia.

Tim Cook took the stage one last time as CEO, and Apple used the moment to finally deliver on a promise it made two years ago: a completely rebuilt Siri. 

South African businesses are facing a new generation of identity fraud driven by artificial intelligence, deepfakes, synthetic identities, and stolen personal data, according to the 2026 Identity Fraud Report released by VerifyNow. The report combines public fraud statistics, industry research, and VerifyNow’s analysis of the growing verification challenges facing organisations across the country. It highlights […]

iOS 27 Announced at WWDC 2026: Everything Apple Just Revealed Apple has officially iOS 27 announced at its annual Worldwide Developers Conference (WWDC 2026), unveiling a major update… TechCity

PSV 2028 is the work of a central bank that's earned its confidence, and most of it is the right work. The rails are real, the fraud fight is serious, the identity backbone is solid, and the habit of building policy with the industry is the quiet superpower that holds the whole thing together. 

A fierce battle for control of Italy’s oldest bank has erupted, setting the stage for one of the most consequential banking showdowns in Europe this year. Just hours after Banco BPM signaled interest in pursuing a “merger of equals” with Monte dei Paschi di Siena (MPS), rival lender Intesa Sanpaolo launched an unsolicited €30.6 billion […] The post Italian Banking Battle Intensifies as Intesa Launches €30.6bn Bid for Monte dei Paschi appeared first on Tekedia.

June 2026 is testing every position in the market. U.S. strikes on Iran’s Qeshm Island facility, followed by Iranian drone strikes on Kuwait International Airport, have injected acute geopolitical risk into an already fragile tape. Strategy’s Bitcoin sale and record ETF outflows are compounding the pressure, total crypto market cap sits at $2.2 trillion, down […] The post BlockDAG’s $0.01 Buyback Price Is Attracting Crypto Whales in Q2 While XRP Falls 7% & AVAX’s RWA Volume Surges 3,810% appeared first on Tekedia.

Ethena emerged as one of the most closely watched decentralized finance projects during the crypto bull market of 2024 and 2025. By offering attractive yields through its synthetic dollar product, USDe, the protocol attracted billions of dollars in capital from investors seeking returns that far exceeded those available in traditional financial markets. At its peak […] The post Ethena’s TVL Decline Signals a Shift in Risk Appetite Across DeFi appeared first on Tekedia.

Iran’s decision to fire missiles at Israel and then quickly halt offensive operations highlights the fragile and volatile nature of Middle Eastern security dynamics. The latest exchange between the two regional rivals has once again demonstrated how rapidly tensions can escalate and how difficult it is to prevent broader conflict once military action begins. The […] The post Iran Halts Military Operations After Missile Attack on Israel Amid Global Concerns appeared first on Tekedia.

Egyptian investment firm Edafa Venture has snapped up two artificial intelligence startups — construction tech company Kuadra and health diagnostics platform IRRI Vision — in separate six-figure transactions. The deals were announced at the AI Everything Middle East & Africa – Egypt 2026 exhibition, organised by GITEX Global in Cairo this past February. Kuadra uses […] The post Egypt’s Edafa Venture Bets Big on AI with Twin Acquisitions appeared first on Tech In Africa.

The German pharmaceutical industry, long regarded as one of the pillars of Europe’s economic and scientific strength, is facing growing challenges that have prompted experts to issue warnings about its future competitiveness. Germany has traditionally been home to some of the world’s most influential pharmaceutical and biotechnology companies, supported by a strong research ecosystem, highly […] The post German Pharma Industry Under Pressure as Costs Rise and Global Competition Intensifies appeared first on Tekedia.

Kenyan fintech CreditChek has closed a $600,000 funding round to extend its credit data infrastructure into East Africa, adding to an already profitable track record in Nigeria. The round was led by Janngo Capital, with participation from returning backer Assembly Investors and new investors Vastly Valuable Ventures and Unipeg Capital. CreditChek aggregates credit data from […] The post CreditChek Pulls in $600K to Wire East Africa’s Credit Infrastructure appeared first on Tech In Africa.

Swiss companies invested $27 billion in the United States during the first four months of the year, underscoring the rapid pace at which Switzerland is delivering on a landmark investment pledge made as part of a tariff agreement with Washington. According to Swiss newspaper NZZ am Sonntag, which cited an internal email from the Swiss-American […] The post Swiss Firms Accelerate U.S. Expansion With $27bn Investment as Trade Deal Reshapes Capital Flows appeared first on Tekedia.

OPEC+ agreed on Sunday to its fourth consecutive monthly increase in oil output targets, even as the ongoing U.S.-Iran war continues to severely constrain actual production and exports from key members, creating the most significant global supply disruption in history. The group of seven core members — Saudi Arabia, Iraq, Kuwait, Algeria, Kazakhstan, Russia, and […] The post OPEC+ Raises Output Targets Again Amid Historic Supply Crisis, Marking Fourth Consecutive Increase appeared first on Tekedia.

Toncoin is trading at $1.78 on June 5, below even conservative analyst forecasts of $2.00 to $3.35 for 2026. The TON ecosystem’s Telegram integration remains its most powerful long-term argument, but the token has been unable to convert that distribution advantage into price performance through H1 2026, with the 200-day moving average falling since April […] The post TON & XRP Price Predictions Signal Continued Dips While BlockDAG’s Stablecoin Launch Could Boost it 5000x appeared first on Tekedia.

The move reflects a broader push by African telecom operators to expand beyond connectivity into digital services, content, and fintech.

Blnk, a fintech company on a mission to enable financial inclusion through rapid point-of-sale financing, has raised $12.5 million in equity funding and $24.6 million in local debt facilities. The funding will scale its consumer finance operations in Egypt, with a focus on onboarding women and the underbanked, by offering flexible loan sizes for a […] The post Blnk raises $37m to Deepen Point of Sale Credit for Consumers in Egypt appeared first on Tech In Africa.

Commuters using Shuttlers can now discover routes and book seats directly within Google Maps due to new integration.

Bitcoin experienced a dramatic bout of volatility as the world’s largest cryptocurrency briefly fell below the critical $60,000 level before staging a recovery. The sharp decline triggered concern across financial markets, particularly among investors who had become accustomed to Bitcoin’s resilience during recent months. At the same time, spot Bitcoin exchange-traded funds (ETFs) recorded their […] The post Bitcoin Dips as Spot BTC ETFs Record Second-Largest Weekly Outflows appeared first on Tekedia.