China’s central bank has fixed the yuan at its strongest rate against the US dollar in more than three years, underscoring Beijing’s determination to internationalize its currency and reduce reliance on the dollar amid growing global skepticism toward US assets. According to SCMP, the People’s Bank of China (PBOC) set the yuan’s daily midpoint fixing […] The post Yuan Strengthens to Strongest Level in Over Three Years as Beijing Accelerates Currency Internationalization appeared first on Tekedia.

Peloton delivered a modest but symbolically important quarter on Thursday as the connected fitness company returned to profitability, beat Wall Street revenue expectations, and signaled that its long-running turnaround effort may finally be gaining traction after years of declining demand and financial pressure. The company reported fiscal third-quarter revenue of $630.9 million for the period […] The post Peloton Returns to Profit as Subscription Growth and New Partnerships Fuel Turnaround Push appeared first on Tekedia.

Tekedia Capital portfolio startup Corgi, an AI-native insurance company, has secured $160 million in a Series B funding round, pushing the company’s valuation to $1.3 billion. The round was led by TCV, with participation from a wide range of new and existing investors, bringing the company’s total funding to more than $268 million. Investors participating […] The post Tekedia Capital Portfolio Startup Corgi, Raises $160M Series B at $1.3B Valuation to Expand AI-Powered Insurance Platform appeared first on Tekedia.

SpaceX said Wednesday it has signed an agreement giving Anthropic access to Colossus 1, a massive artificial intelligence supercomputer platform, in a deal that underscores how the global AI race is rapidly evolving into a battle over computing power, energy supply, and physical infrastructure. Anthropic plans to use the additional compute capacity to expand services […] The post SpaceX and Anthropic Strike High-Stakes AI Infrastructure Deal as Compute Race Expands Beyond Earth appeared first on Tekedia.

Snap Inc. has terminated its high-profile partnership with AI search engine Perplexity, the company disclosed Wednesday as part of its first-quarter earnings report, marking the quiet end of a deal that was once positioned as a significant step in bringing advanced AI directly into Snapchat. The agreement, first announced last November, would have integrated Perplexity’s […] The post Snap Ends Partnership with Perplexity AI, Walks Away from $400 Million Deal appeared first on Tekedia.

FTMining’s new free mining service allows BTC, ETH, XRP and DOGE holders to easily earn passive income without expensive equipment or specialized technical skills. As cryptocurrencies gain popularity worldwide, more and more investors are beginning to focus on how to earn stable passive income without the need for expensive equipment or specialized skills. Recently, UK-based […] The post FTMining launches free mining service for BTC, ETH, XRP and DOGE holders, with daily earnings of up to $9,900? appeared first on Tekedia.

Two-Factor Authentication Explained: What You Need to Know Passwords are no longer enough. Data breaches, phishing attacks, and leaked credentials happen constantly. That is why two-factor… TechCity

Stake.com operates on a mobile-first betting setup focused on streamlined access and consistent in-play execution. Chumba Casino runs on a sweepstakes structure where engagement is tied to simplified participation rather than wagering depth. Both hold established positions built through steady product design rather than rapid scaling shifts. Meanwhile, Spartans.com records $1B in wagers during its […] The post Spartans Casino’s $1B Beta Wager Benchmark Leaves Stake.com and Chumba Casino in a Legacy Loop appeared first on Tekedia.

African startup funding 2026 reached $887M in 4 months. Despite a 51% deal drop, debt is driving the ecosystem toward $1B.

African startups are securing larger funding rounds, but most still fail to reach Series A, according to a new State of Startup Funding in Africa report. The report found that fewer than 10% of African startups that raise seed funding go on to secure a Series A round. Condia, which hosted a launch webinar for […] The post African Startups Are Raising Bigger Rounds, But Few Make It To Series A appeared first on Tech In Africa.

African startups raised $110 million in April 2026, marking the lowest monthly funding total in more than a year, even as deal activity recovered slightly from March. According to the latest data, 32 startups across the continent announced funding rounds of at least $100,000 during the month. These included equity, debt and grant deals, but […] The post African Startup Funding Falls To 13-Month Low In April 2026 appeared first on Tech In Africa.

If you own a Galaxy phone released in the last three to four years, One UI 8.5 is most likely coming to your device.

Data revenue rose 14.4% to KES 83.4 billion ($646 million), compared with a 1.3% increase in voice revenue to KES 81.8 billion ($634 million).

Governor Alex Otti has moved to revive one of the Southeast’s oldest economic ambitions, unveiling plans for a proposed seaport and inland waterways corridor that business leaders say could fundamentally alter trade and industrial activity across Nigeria’s eastern corridor. The governor disclosed on Wednesday that his administration would seek approvals from President Bola Ahmed Tinubu, […] The post Otti Pushes Ambitious Abia Seaport Plan, Seeks Tinubu’s Backing to Open Southeast Maritime Corridor appeared first on Tekedia.

Anthropic CEO Dario Amodei said Wednesday that the artificial intelligence company underestimated the scale of demand for its Claude models so dramatically that even aggressive growth projections failed to prepare it for the surge now straining its infrastructure. Speaking at Anthropic’s developer conference in San Francisco, Amodei revealed that the company planned for tenfold growth, […] The post Anthropic CEO Admits Explosive Growth Sparked By Claude Adoption Overwhelms Its AI Infrastructure appeared first on Tekedia.

Popcat Holders Are Watching the Wadoozie Fair Launch — May 27 Is Days Away Popcat traders who lived through the cat-coin surge of 2024 are circling something different this month. Wadoozie — an Ethereum-native, narrative-driven memecoin trading under the $WADZ ticker — is days away from a CertiK-audited fair launch on May 27, 2026, and […] The post Popcat Holders Are Watching the Wadoozie Fair Launch — May 27 Is Days Away appeared first on Tekedia.

Ask any South African teacher about their biggest concern around AI, and the answer is often not about the technology itself, but about what happens to learning when getting the answer becomes easier than understanding it. As artificial intelligence becomes more ingrained in South Africa’s classrooms, the real question is whether the AI students are […]

 Zoho has released new research highlighting significant gaps in workforce password security across South Africa, underscoring growing risks as organisations contend with rising cyber threats, increasing regulatory pressure, and limited visibility into user identities and access.  The findings from the State of Workforce Password Security 2026 report reveal a significant cybersecurity gap, with 36% of organisations […]

Huawei has appointed Corey Deng as Chief Cybersecurity and Privacy Officer (CSPO) for its Middle East and Central Asia Region, underscoring its continued focus on strengthening cybersecurity and privacy governance across the region. In this role, Corey Deng will lead Huawei’s regional cybersecurity and privacy strategy, overseeing frameworks spanning cybersecurity, data protection, AI security, and […]

By Boluwatife Oshadiya Key Points Main Story Nigeria’s telecommunications sector recorded continued growth in the fourth quarter of 2025, with active voice subscriptions rising to 179.64 million and internet subscriptions climbing to 148.17 million, according to the latest telecom data released by the National Bureau of Statistics (NBS). The report, which was compiled using data […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Both phones sit below the Nord 6 in terms of price and hardware, giving buyers more entry points into the Nord series.

African start-ups recorded a modest rebound in funding activity in April 2026, securing a combined $110 million across 32 deals valued above $100,000, according to report by Africa:The Big Deal. While the figure represented an improvement from the slow pace seen in March, when only 22 deals were announced, it still fell significantly below the […] The post African Start-ups Raised $110m in April as Funding Market Remains Under Pressure appeared first on Tekedia.

Fincra, a Nigerian payment infrastructure provider, has officially secured an Enhanced Payment Service Provider (EPSP) license from the Bank of Ghana, marking a significant step in its West African expansion strategy. The company noted that Ghana remains a key hub for cross-border trade, remittances, payroll processing, vendor payments, digital commerce, and one of Africa’s most […] The post Nigerian Payment Provider Fincra Secures Enhanced Payment Service Provider License in Ghana appeared first on Tekedia.

U.S. stock futures were little changed Wednesday night after the S&P 500 and Nasdaq Composite closed at fresh record highs, as investors balanced optimism over a possible end to the Iran war against renewed warnings from President Donald Trump that military strikes could resume if negotiations collapse. Futures tied to the S&P 500 and Nasdaq […] The post U.S. Futures Pauses Near Record Highs as Investors Weigh Iran Peace Prospects and Trump’s Fresh Threats appeared first on Tekedia.

A senior Google scientist has issued a sharp warning to European Union antitrust regulators, claiming that the bloc’s proposal to force the company to share sensitive search engine data with competitors like OpenAI could expose European users’ private information to serious re-identification risks. Sergei Vassilvitskii, a distinguished scientist at Google since 2012 and a recognized […] The post Google Scientist Delivers Stark Privacy Warning to EU Regulators Over Search Data Sharing Mandate appeared first on Tekedia.

Wall Street roared to fresh record highs on Wednesday as investors brushed aside geopolitical anxiety and doubled down on the artificial intelligence trade, betting that the global race to build AI infrastructure will continue to fuel corporate profits, economic expansion, and equity market gains. The rally marked another decisive shift in investor sentiment after weeks […] The post AI Mania, Easing Iran Tensions Power Wall Street to Record Highs as Chip Stocks Extend Historic Surge appeared first on Tekedia.

A little-watched inflation signal absent from the U.S. economy for roughly six decades is flashing again, adding to mounting concern on Wall Street that the artificial intelligence boom and surging energy costs could reignite a broader inflation cycle just as policymakers struggle to regain price stability. Strategists at Stifel say technology-related prices are now rising […] The post AI Boom Sparks Rare Inflation Signal Not Seen in Decades, Raising Fears US Economy Is Running Too Hot – Stifel appeared first on Tekedia.

U.S. Treasury yields fell sharply on Wednesday as mounting expectations of a potential end to the Middle East war sparked a steep decline in oil prices, easing fears of a prolonged global inflation shock and reviving investor optimism around possible Federal Reserve rate cuts later this year. The benchmark 10-year U.S. Treasury yield dropped about […] The post Treasury Yields Sink as Iran Peace Hopes Trigger Oil Selloff and Revive Fed Rate-Cut Expectations appeared first on Tekedia.

Elon Musk pushed to transform OpenAI into a for-profit company and demanded full control because he needed to raise massive sums of money, including $80 billion, to colonize Mars. OpenAI President Greg Brockman testified Tuesday in a high-stakes California trial that could reshape the future of one of the world’s most valuable artificial intelligence companies. […] The post Musk Wanted Full Control of OpenAI to Fund $80bn Mars City, Brockman Testifies appeared first on Tekedia.

Samsung Electronics crossed the $1 trillion market capitalization threshold on Wednesday, becoming only the second Asian company after Taiwan Semiconductor Manufacturing Company to achieve the milestone, as investors continue pouring money into companies seen as central to the artificial intelligence infrastructure boom. The rally marks a dramatic turnaround for Samsung, whose shares have surged alongside […] The post Samsung Joins Trillion-Dollar Club as AI Chip Frenzy Reshapes Global Semiconductor Power Map appeared first on Tekedia.

Bitcoin surged past the $82,000 mark on Wednesday, hitting its highest level in over three months as improving global risk sentiment and reports of a potential U.S.–Iran peace framework boosted broader markets. The cryptocurrency climbed as high as $82,791, marking a strong continuation of its recent upward momentum. The rally comes amid reports that the […] The post Bitcoin Surges Past $82K as Institutional Buying Fuels Momentum, Eyes $90K Next appeared first on Tekedia.

Apple has strengthened its position among the world’s most valuable assets, officially surpassing silver to become the fourth largest asset globally by market valuation. According to report, Apple’s market capitalization climbed to approximately $4.17 trillion following a strong trading session where shares rose about 2.6% to close at $284.18. This briefly pushed Apple ahead of […] The post Apple Surpasses Silver to Become 4th Largest Asset in the World appeared first on Tekedia.

The rapid expansion of the global private credit market is drawing intensifying scrutiny from regulators, with the Financial Stability Board warning that opaque structures, rising leverage, and deepening ties to banks and insurers could transmit stress across the broader financial system during an economic downturn. In a sweeping report released Wednesday, the Financial Stability Board […] The post Global Watchdog Warns Private Credit Boom Could Amplify Financial Risks Across Banking System appeared first on Tekedia.

Startup Funding News Today: Biggest Deals And Trends Today’s startup funding landscape is being shaped by huge AI and deep tech rounds, record venture activity, and a more selective investor market. Founders, especially in Africa and other emerging markets, need stronger traction and clearer positioning to stand out. TechCity

In today's edition: Zenith Bank plans Cameroon entry || Yoco has a new CEO || Paymenow, PayCurve merge || Airtel Zambia to open 45 stores

The launch of Hyperliquid’s HIP-4 event contracts marks a notable evolution in the decentralized derivatives landscape, blending prediction markets with high-performance on-chain trading infrastructure. On its first day live, the platform recorded over $6 million in trading volume for these event-based contracts—an early signal of strong market appetite for speculative instruments tied to real-world or […] The post Hyperliquid’s HIP-4 Event Contracts Marks Notable Evolution in Derivative Markets appeared first on Tekedia.