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Technology
New York City Council Probes Prediction Markets Over Marketing Practices
New York City lawmakers are escalating scrutiny of the rapidly expanding prediction market industry, opening an investigation into whether platforms including Polymarket, Kalshi, Coinbase and Gemini Titan have used deceptive or predatory marketing tactics to encourage consumers to wager on event contracts. The New York City Council is examining allegations of “false, deceptive, unconscionable, and […] The post New York City Council Probes Prediction Markets Over Marketing Practices appeared first on Tekedia.
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0xQuit Launches FWAPHouse on FWA as Trump Media Reports $190M Crypto Losses
The crypto market continues to evolve at a rapid pace, with new financial infrastructure emerging alongside growing institutional exposure to digital assets. Two developments highlight this trend from very different angles: 0xQuit has launched the FWAPHouse deposit manager on top of FWA, while Trump Media has reported roughly $190 million in crypto-related paper losses. The […] The post 0xQuit Launches FWAPHouse on FWA as Trump Media Reports $190M Crypto Losses appeared first on Tekedia.
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Claude AI Watermarks and the New Infrastructure Boom
Artificial intelligence is entering a new phase in which the technology is no longer defined only by increasingly capable models. The infrastructure supporting those models is becoming just as important. While companies developing the hardware and software backbone of AI are emerging as some of the stock market’s biggest winners. Anthropic’s Claude is part of […] The post Claude AI Watermarks and the New Infrastructure Boom appeared first on Tekedia.
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Moove Joins Africa’s Unicorn Club With $2.1 Billion Valuation
Nigerian-born, UAE-headquartered mobility company Moove has joined Africa’s growing unicorn club after securing a $250 million Series C round that valued the company at $2.1 billion. The funding round was led by Mubadala and co-led by Woven Capital and Ion Pacific, marking a significant increase from Moove’s last disclosed valuation of $750 million in 2024. […] The post Moove Joins Africa’s Unicorn Club With $2.1 Billion Valuation appeared first on Tekedia.
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Institutional Flows Point to a Potential Shift for HYPE as Bitcoin Whales Keep Selling
After weeks of institutional selling pressure, the market structure around Hyperliquid’s native token, HYPE, may be showing early signs of a reversal. Lookonchain data indicates that a wallet linked to Maven11 Capital withdrew roughly $11.17 million worth of HYPE from OKX over the past day, a move that could signal renewed institutional confidence in the […] The post Institutional Flows Point to a Potential Shift for HYPE as Bitcoin Whales Keep Selling appeared first on Tekedia.
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ZachXBT Tracks US-Based Scammer Linked to Millions in Crypto Theft
Onchain investigator ZachXBT has once again highlighted the growing sophistication of cryptocurrency scams after identifying a US-based individual allegedly connected to at least $5 million in stolen digital assets. The case underscores a persistent weakness across the crypto industry: despite improvements in blockchain surveillance and security infrastructure, social engineering remains one of the most effective […] The post ZachXBT Tracks US-Based Scammer Linked to Millions in Crypto Theft appeared first on Tekedia.
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Tencent Revenue Beats Estimates as Gaming and AI Advertising Lift Growth, but Profit Misses
Tencent posted better-than-expected second-quarter revenue as stronger growth in its China gaming business and AI-powered advertising helped offset weakness in international gaming, while higher spending on artificial intelligence infrastructure weighed on profitability. The Chinese technology giant reported revenue of 204.78 billion yuan ($30.36 billion) for the quarter, compared with 202.17 billion yuan expected by analysts […] The post Tencent Revenue Beats Estimates as Gaming and AI Advertising Lift Growth, but Profit Misses appeared first on Tekedia.
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Rhine Water Levels and Bicycle Industry Insolvencies Highlight Germany’s Economic Pressures
Germany is facing a fresh set of economic pressures as low water levels on the Rhine push up fuel prices while difficulties at Dutch bicycle group Accell are forcing three Bavarian-based cycling companies into insolvency. Although the developments affect different sectors, both illustrate how vulnerable businesses and consumers can be to disruptions in supply chains, […] The post Rhine Water Levels and Bicycle Industry Insolvencies Highlight Germany’s Economic Pressures appeared first on Tekedia.
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RUM Group’s Record Growth Signals a New Era for Rumble’s Video and AI Businesses
RUM Group Inc., the parent company of Rumble, delivered a strong second-quarter performance in 2026, marking a significant milestone in the company’s expansion beyond its traditional video platform. The company reported record quarterly revenue of $40.4 million, representing a 61% increase compared with the same period last year. The result highlights growing demand for Rumble’s […] The post RUM Group’s Record Growth Signals a New Era for Rumble’s Video and AI Businesses appeared first on Tekedia.
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Germany’s Electric Car Boom Grows Even as Carmaker Profits Fall in 2026
Germany’s automotive market is undergoing a significant transformation as consumers increasingly turn toward electric vehicles (EVs), while the country’s major carmakers struggle with declining profitability. New data highlights two interconnected developments: electric cars are gaining ground not only among new buyers but also in the used-car market, while the average operating profit generated by leading […] The post Germany’s Electric Car Boom Grows Even as Carmaker Profits Fall in 2026 appeared first on Tekedia.
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Uniper Turns Power Plant Sites Into AI Data Centre Hubs
State-owned German energy company Uniper is exploring a new strategy to generate revenue from its existing power plant infrastructure by establishing artificial intelligence (AI) data centres at selected sites. The plan reflects a growing convergence between the energy and technology sectors, as the rapid expansion of AI creates enormous demand for reliable electricity and strategically […] The post Uniper Turns Power Plant Sites Into AI Data Centre Hubs appeared first on Tekedia.
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CoreWeave Shares Jump 11% After AI Cloud Revenue Beats Estimates, Backlog Hits $104bn
CoreWeave shares jumped 11% in extended trading on Tuesday after the artificial intelligence infrastructure provider reported quarterly revenue above Wall Street expectations, highlighting continued demand for computing capacity even as the company carries a heavy debt burden to fund its rapid expansion. CoreWeave reported revenue of $2.58 billion for the quarter, compared with the $2.56 […] The post CoreWeave Shares Jump 11% After AI Cloud Revenue Beats Estimates, Backlog Hits $104bn appeared first on Tekedia.
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Manus Returns to Independence as China Forces Unwinding of Meta’s $2 Billion AI Bet
AI startup Manus is returning to independent operations after Chinese regulators forced U.S. technology giant Meta to unwind its more than $2 billion acquisition of the company, marking one of the clearest examples yet of how governments are tightening control over ownership of strategically important artificial intelligence technologies. The company said Tuesday that the separation […] The post Manus Returns to Independence as China Forces Unwinding of Meta’s $2 Billion AI Bet appeared first on Tekedia.
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What Instagram Tracking Tools Cost in 2026
Instagram tracking prices now span a very wide range. Some account insights remain free. Budget subscriptions may cost only several dollars monthly. Professional plans can reach hundreds per user. The advertised rate rarely tells the whole story. History limits, account caps, exports, and taxes change totals. Annual discounts help only when access stays useful. Free […] The post What Instagram Tracking Tools Cost in 2026 appeared first on Tekedia.
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PlayNow Casino Review: Games, Sports Betting, Login and Mobile Access
The PlayNow casino brings regulated casino games, lottery products and sports betting together in one convenient account. Operated by the British Columbia Lottery Corporation (BCLC), it supports Canadian-dollar payments and offers smooth access through desktop and mobile browsers. Players can explore slots, table games, poker, bingo and lottery draws without switching between separate platforms. The […] The post PlayNow Casino Review: Games, Sports Betting, Login and Mobile Access appeared first on Tekedia.
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MTN Launches AI-Powered Job Board
On International Youth Day, MTN is advancing its commitment to digital and economic inclusion with the launch of an AI-enabled Job Board feature on the MTN Skills Academy, giving learners access to job opportunities, high-demand courses and skills guidance on one platform. The integration of learning, job discovery and application tracking distinguishes the feature from […]
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What YouTube’s New Monetisation Rules Mean for Future of Creator Economy
YouTube’s decision to raise the threshold for creators seeking access to advertising monetisation represents more than a routine adjustment to its Partner Program. It signals a deeper change in the relationship between digital platforms and the millions of people who depend on them to build audiences, generate income and develop online careers. From 2027, new […] The post What YouTube’s New Monetisation Rules Mean for Future of Creator Economy appeared first on Tekedia.
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Shoprite’s Sixty60 is now a $1.6 billion digital commerce business
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Cape Town’s Tennsa becomes Oakvale Invest’s first-ever portfolio bet, raising about $61,000
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Africa50 pulls in $50M from European development banks for a fund that preps green projects for investors
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African founders are moving past headline funding numbers to chase cross-border payment fixes
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Vodacom taps former Airtel Africa CEO onto its board
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How to watch Made by Google 2026: Time, channel, and what to expect
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Nigeria’s central bank opens regulatory sandbox to virtual asset firms
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👨🏿‍🚀TechCabal Daily – Kenya’s new Internet bouncers
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Google’s Gemini Surpasses 1 Billion Monthly Users, Closing Gap With ChatGPT
Google’s Gemini artificial intelligence app has surpassed 1 billion monthly active users, marking a major milestone for the company as it accelerates the rollout of generative AI across its consumer products and narrows the gap with OpenAI’s ChatGPT. Google CEO Sundar Pichai announced the milestone on X, describing Gemini as one of the company’s fastest-growing […] The post Google’s Gemini Surpasses 1 Billion Monthly Users, Closing Gap With ChatGPT appeared first on Tekedia.
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US Credit Card Debt Hits Record $1.26tn as More Americans Struggle to Keep Up
U.S. households are taking on more credit card debt as persistent living costs put increasing pressure on family budgets, with total balances approaching a record high and a growing share of debt moving into serious delinquency. Credit card balances increased by $21 billion in the second quarter of 2026 to $1.26 trillion, up 1.7% from […] The post US Credit Card Debt Hits Record $1.26tn as More Americans Struggle to Keep Up appeared first on Tekedia.
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SEC Charges Adit Ventures Over Alleged Fraud in Pre-IPO Investments Including SpaceX, Klarna
The U.S. Securities and Exchange Commission has settled fraud charges against Adit Ventures Management, its founder and three partners over alleged misconduct involving investments in private companies including SpaceX and Klarna, adding to growing regulatory scrutiny of the rapidly expanding pre-IPO investment market. The SEC said on Monday that Adit Ventures used “false claims and […] The post SEC Charges Adit Ventures Over Alleged Fraud in Pre-IPO Investments Including SpaceX, Klarna appeared first on Tekedia.
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Vietnam’s VinSpace Signs SpaceX Deal to Launch First Satellites in 2027
Vingroup-backed aerospace company targets full-service space business as Hanoi seeks to build regional satellite and space-data capabilities Vietnamese aerospace company VinSpace said on Tuesday it has signed an agreement with SpaceX to launch its first satellites in 2027, marking a significant step in the country’s efforts to build a domestic space industry and expand its […] The post Vietnam’s VinSpace Signs SpaceX Deal to Launch First Satellites in 2027 appeared first on Tekedia.
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Indian Retail Traders Cut Derivatives Losses 18% to $9.6 Billion After SEBI Curbs
Indian retail investors lost 916.85 billion rupees ($9.61 billion) trading equity derivatives in the financial year ended March 2026, a decline of nearly 18% from the previous year, as tighter regulations reduced speculative activity in the world’s largest equity derivatives market by volume. Data presented by the Indian government in Parliament on Tuesday showed that […] The post Indian Retail Traders Cut Derivatives Losses 18% to $9.6 Billion After SEBI Curbs appeared first on Tekedia.
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Shein Targets Hong Kong IPO Next Week at Up to $40 Billion Valuation
Singapore-based fast-fashion retailer Shein is planning to launch its long-awaited initial public offering in Hong Kong as soon as Wednesday next week, Reuters reports, citing two people familiar with the matter. This is part of the online retailer’s push to revive its public-market ambitions amid slowing growth and mounting pressure on its margins. Shein has […] The post Shein Targets Hong Kong IPO Next Week at Up to $40 Billion Valuation appeared first on Tekedia.
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Indian Rupee Hits Two-Week Low as Oil Surge Tests RBI’s Currency Defense
Rupee closes at 95.435 per dollar as fading hopes for U.S.-Iran deal lift crude; RBI intervention limits losses while stocks and bonds weaken The Indian rupee fell to its weakest level in nearly two weeks on Tuesday as a sharp rise in oil prices renewed pressure on the currency, with fading hopes for a U.S.-Iran […] The post Indian Rupee Hits Two-Week Low as Oil Surge Tests RBI’s Currency Defense appeared first on Tekedia.
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Intel Raises Stock Offering to $20bn as AI Boom Fuels Chip Manufacturing Push
ntel has expanded its planned share sale to $20 billion, seeking to capitalize on a dramatic rally in its stock and raise fresh capital for the costly expansion of its chip manufacturing and foundry operations as demand for artificial intelligence computing accelerates. The company said on Tuesday it would sell common stock at $95 a […] The post Intel Raises Stock Offering to $20bn as AI Boom Fuels Chip Manufacturing Push appeared first on Tekedia.
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Why Investors Are Regaining Confidence in Berkshire Hathaway
Berkshire Hathaway’s return to levels seen before Warren Buffett’s retirement is emerging as one of the clearest early signals that investors may be growing comfortable with the conglomerate’s post-Buffett era. After years in which the company’s shares were closely associated with Buffett’s capital-allocation decisions, the recovery suggests that shareholders are increasingly evaluating Berkshire on the […] The post Why Investors Are Regaining Confidence in Berkshire Hathaway appeared first on Tekedia.
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Bitcoin ETFs Record $145 Million in Outflows as Gold Reclaims $4,400
Bitcoin and gold are moving in opposite directions as investors reassess risk, liquidity and the outlook for global markets. Bitcoin exchange-traded funds recorded approximately $145 million in daily net outflows, signaling renewed caution toward the cryptocurrency market. While gold reclaimed the $4,400 level as demand for traditional safe-haven assets strengthened. The latest Bitcoin ETF outflows […] The post Bitcoin ETFs Record $145 Million in Outflows as Gold Reclaims $4,400 appeared first on Tekedia.
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Nvidia’s $500B AI Financing Deal and Anthropic’s $9B Computing Push Signal a New Era for AI
Artificial intelligence is rapidly moving beyond the software industry and into the heart of global capital markets, energy infrastructure and computing. Two developments involving Nvidia and Anthropic highlight the enormous financial commitments now required to support the next phase of AI growth. Nvidia has announced a massive $500 billion AI financing initiative, while Anthropic has […] The post Nvidia’s $500B AI Financing Deal and Anthropic’s $9B Computing Push Signal a New Era for AI appeared first on Tekedia.
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