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Technology
Global Markets Rotate Away From Gold as ETF Outflows Surge
Gold exchange-traded funds (ETFs) have experienced a significant wave of outflows, with investors withdrawing an estimated $8.9 billion as selling pressure spread across every major region. The broad-based retreat highlights a notable shift in market sentiment after a prolonged period in which gold was viewed as one of the safest assets during economic uncertainty. While […] The post Global Markets Rotate Away From Gold as ETF Outflows Surge appeared first on Tekedia.
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Crypto Whales Accumulate Millions in XAUT Amid Massive Gold ETF Outflows
The gold market is presenting investors with a fascinating contradiction. On one side, traditional investors have been pulling billions of dollars from gold exchange-traded funds (ETFs), signaling weaker demand for conventional gold investment vehicles. On the other, blockchain data reveals that large cryptocurrency investors—commonly referred to as whales—are quietly accumulating tokenized gold, suggesting that confidence […] The post Crypto Whales Accumulate Millions in XAUT Amid Massive Gold ETF Outflows appeared first on Tekedia.
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Micron Shares Jump 7% as Chipmaker Boosts U.S. Investment to $250bn, Strengthens AI Supply Chain
Micron Technology shares climbed 7% on Thursday after the memory chipmaker unveiled a sweeping expansion of its U.S. investment plans, underscoring its confidence that surging artificial intelligence demand will continue driving the semiconductor industry’s growth for years to come. The company announced it will increase its planned U.S. investment to $250 billion through 2035, raising […] The post Micron Shares Jump 7% as Chipmaker Boosts U.S. Investment to $250bn, Strengthens AI Supply Chain appeared first on Tekedia.
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Uber Deploys ‘Agentic Pods’ To Embed AI Engineers Across Business Units, Slashing Task Completion Times
Uber is expanding its use of artificial intelligence beyond software development by embedding teams of AI specialists directly into business departments to redesign workflows and build AI agents capable of automating complex operational tasks. The initiative, known internally as “Agentic Pods,” reflects a growing shift among large technology companies from using AI primarily as a […] The post Uber Deploys ‘Agentic Pods’ To Embed AI Engineers Across Business Units, Slashing Task Completion Times appeared first on Tekedia.
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July’s Strong Seasonal Record Faces a Reality Check as CryptoQuant’s Bull Score Remains Weak
July has historically been one of Bitcoin’s stronger months, often delivering positive returns even during challenging market cycles. Over the past decade, the month has closed in the green more often than not, reinforcing the idea that seasonal trends can influence investor sentiment. Bitcoin gained approximately 20% in July 2018 despite trading in the aftermath […] The post July’s Strong Seasonal Record Faces a Reality Check as CryptoQuant’s Bull Score Remains Weak appeared first on Tekedia.
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Elon Musk’s xAI Introduces Grok 4.5 to Challenge the AI Industry’s Leading Models
Elon Musk’s xAI has officially released Grok 4.5, marking the latest advancement in its rapidly evolving AI lineup. Announcing the launch, the company said via a blog post, “Today, we’re launching Grok 4.5, SpaceXAI’s smartest model built to excel at coding, agentic tasks, and knowledge work. It’s our strongest model ever and was trained alongside […] The post Elon Musk’s xAI Introduces Grok 4.5 to Challenge the AI Industry’s Leading Models appeared first on Tekedia.
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Asian Investors Grow More Selective on AI, Shifting Focus From Hype to Long-Term Winners
Artificial intelligence remains the dominant investment theme in global markets, but some of Asia’s largest investors are becoming increasingly selective as soaring valuations, record infrastructure spending and uncertainty over future returns prompt a reassessment of where the biggest opportunities lie. Rather than chasing every company linked to AI, institutional investors are increasingly positioning portfolios around […] The post Asian Investors Grow More Selective on AI, Shifting Focus From Hype to Long-Term Winners appeared first on Tekedia.
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Morningstar CIO Warns Surging Stock Market May Be Flashing Signs Of Excessive Optimism
The sharp rally that has propelled U.S. stocks to record highs may be creating conditions for a market pullback, according to Philip Straehl, Chief Investment Officer at Morningstar Wealth, who says several indicators suggest investor optimism has reached unusually elevated levels. While the benchmark S&P 500 has climbed 18% since its March 30 low, driven […] The post Morningstar CIO Warns Surging Stock Market May Be Flashing Signs Of Excessive Optimism appeared first on Tekedia.
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From Writing Code to Designing AI Agents: Nvidia’s Jensen Huang Says AI Is Transforming Software Engineering
Jensen Huang says artificial intelligence is fundamentally changing the work of software engineers, shifting them away from writing routine code and toward designing AI agents that automate repetitive tasks, a transition he believes is creating new jobs rather than eliminating them. In an interview published by Nvidia on Wednesday, Huang said the company’s engineers are […] The post From Writing Code to Designing AI Agents: Nvidia’s Jensen Huang Says AI Is Transforming Software Engineering appeared first on Tekedia.
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ITV Shares Slide as Investors Weigh Costs and Regulatory Risks of £1.6bn Sky Deal
Shares in British broadcaster ITV fell sharply this week as investors shifted their focus from the strategic merits of selling its traditional broadcasting business to the financial and operational costs associated with the transaction. After initially rising 1.2% when the deal was announced on Monday, ITV shares reversed course and were down around 10% by […] The post ITV Shares Slide as Investors Weigh Costs and Regulatory Risks of £1.6bn Sky Deal appeared first on Tekedia.
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UniCredit Approaches Majority Ownership of Commerzbank Amid Takeover Efforts
Italy’s UniCredit has moved closer to securing a majority stake in Commerzbank, marking one of the most significant developments in European banking consolidation in recent years. The potential takeover has attracted widespread attention from investors, regulators, and policymakers, as it could reshape the competitive landscape of the European financial sector. UniCredit has steadily increased its […] The post UniCredit Approaches Majority Ownership of Commerzbank Amid Takeover Efforts appeared first on Tekedia.
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IMF Warns Global Uncertainty Is Hurting Germany’s Economic Recovery
Germany, Europe’s largest economy, is facing renewed economic headwinds after the International Monetary Fund (IMF) lowered its growth forecast, citing persistent global uncertainty and weakening international demand. The downgrade reflects growing concerns over geopolitical tensions, slowing global trade, elevated borrowing costs, and the fragile state of industrial production. As one of the world’s leading export-driven […] The post IMF Warns Global Uncertainty Is Hurting Germany’s Economic Recovery appeared first on Tekedia.
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Vercel Acquires Better Auth to Strengthen Open-Source Authentication and Advance AI Agent Identity
Vercel, a US software platform, has acquired Better Auth, the company behind the popular open-source TypeScript authentication library, in a move that deepens its investment in developer infrastructure and AI-native applications. As part of the acquisition, Better Auth founder Bereket Engida and the company’s core team will join Vercel. They will continue leading the development […] The post Vercel Acquires Better Auth to Strengthen Open-Source Authentication and Advance AI Agent Identity appeared first on Tekedia.
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Gemini’s 89% Stock Collapse Signals a New Era for Crypto Companies
Before investing in a newly listed company, investors often focus on the excitement surrounding an initial public offering (IPO). Crypto firms, in particular, have generated significant enthusiasm over the past year as digital assets gained wider institutional acceptance and regulatory clarity improved in several markets. The performance of many recently listed crypto companies tells a […] The post Gemini’s 89% Stock Collapse Signals a New Era for Crypto Companies appeared first on Tekedia.
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Microsoft Is Slashing AI Infrastructure Costs with Proprietary Models
Microsoft’s decision to reduce its reliance on external artificial intelligence models marks a significant shift in the company’s AI strategy. After investing billions of dollars in AI infrastructure and forming high-profile partnerships with leading AI developers. Microsoft is now increasingly replacing models from OpenAI and Anthropic with its own in-house AI technologies across several software […] The post Microsoft Is Slashing AI Infrastructure Costs with Proprietary Models appeared first on Tekedia.
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Base’s B20 Native Token Standard Goes Live on Mainnet, Introducing a New Era for On-Chain Assets
The blockchain ecosystem continues to evolve as networks search for more efficient ways to issue and manage digital assets. One of the latest milestones comes from Base, which has officially launched its B20 Native Token Standard on mainnet. The new standard represents a significant shift in how tokens can be created and managed by integrating […] The post Base’s B20 Native Token Standard Goes Live on Mainnet, Introducing a New Era for On-Chain Assets appeared first on Tekedia.
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U.S. States Prepare Legal Challenge to Paramount’s $110bn Warner Bros. Discovery Deal
A coalition of U.S. states is preparing to challenge Paramount’s proposed $110 billion acquisition of Warner Bros. Discovery, potentially setting up one of the biggest antitrust battles in the media industry in years as state officials intensify scrutiny of major corporate mergers. The move comes weeks after the U.S. Department of Justice reportedly approved the proposed […] The post U.S. States Prepare Legal Challenge to Paramount’s $110bn Warner Bros. Discovery Deal appeared first on Tekedia.
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Strategy’s Bitcoin Reserve and the 3.3% Growth Rule
Michael Saylor’s latest argument in favor of Bitcoin adds a fresh dimension to the ongoing debate about corporate treasury strategies. Rather than focusing on Bitcoin’s historical returns or long-term price targets, the Strategy executive has introduced a new metric called Bitcoin Breakeven Annual Rate of Return (BTC Breakeven ARR). The concept is designed to demonstrate […] The post Strategy’s Bitcoin Reserve and the 3.3% Growth Rule appeared first on Tekedia.
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SpaceX Shares Stay Below IPO Debut Price Despite Nasdaq-100 Entry, But Analysts See Long-Term Growth
SpaceX shares remained under pressure on Wednesday, closing below their initial public trading price for a second consecutive session even as Wall Street analysts issued largely bullish ratings following the company’s rapid inclusion in the Nasdaq-100 index. The stock ended the day at $148, remaining below the $150 opening price recorded when the aerospace and […] The post SpaceX Shares Stay Below IPO Debut Price Despite Nasdaq-100 Entry, But Analysts See Long-Term Growth appeared first on Tekedia.
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South Africa-founded startup launches AI model with 10 million-token memory
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S&P Dow Jones Places Nigeria on 2027 Watchlist for Frontier Market Upgrade as Capital Market Reforms Gain Global Attention
S&P Dow Jones Indices (S&P DJI) has placed Nigeria on its 2027 watchlist for a potential upgrade from its current “Standalone” classification to “Frontier” market status, signaling growing international recognition of reforms aimed at improving the country’s capital market. The decision, announced on Wednesday, means the global index provider will monitor Nigeria’s regulatory and market […] The post S&P Dow Jones Places Nigeria on 2027 Watchlist for Frontier Market Upgrade as Capital Market Reforms Gain Global Attention appeared first on Tekedia.
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Block to Pay $45m in Multistate Settlement Over Cash App Fraud Allegations, Expand Live Customer Support
Block, the financial technology company behind the popular peer-to-peer payment platform Cash App, has agreed to pay $45 million and significantly strengthen its fraud prevention and customer support systems to settle allegations from 46 U.S. states that it failed to adequately protect users from scams and financial fraud. The settlement marks another major regulatory challenge […] The post Block to Pay $45m in Multistate Settlement Over Cash App Fraud Allegations, Expand Live Customer Support appeared first on Tekedia.
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Germany Sees Record Start-Up Boom in First Half of 2026 as Proxima Becomes Fusion Unicorn
Germany’s innovation ecosystem has enjoyed a remarkable start to 2026, with new business creation reaching record levels while one of the country’s most promising fusion energy companies secured a landmark funding round. These developments signal growing investor confidence in Germany’s entrepreneurial landscape and highlight the country’s ambition to become a global leader in deep technology, […] The post Germany Sees Record Start-Up Boom in First Half of 2026 as Proxima Becomes Fusion Unicorn appeared first on Tekedia.
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U.S. Launches Fresh Strikes on Iran as Trump Declares Peace Deal ‘Over’; Shipping, Insurance and Oil Markets Brace for Wider Conflict
The United States launched fresh military strikes on Iran on Wednesday, marking a significant escalation in hostilities just hours after President Donald Trump declared that the interim agreement to end the war with Iran was “over,” a development that has intensified fears of prolonged disruptions to global energy supplies and international shipping. The latest military […] The post U.S. Launches Fresh Strikes on Iran as Trump Declares Peace Deal ‘Over’; Shipping, Insurance and Oil Markets Brace for Wider Conflict appeared first on Tekedia.
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KPMG Launches 2026 Search for Africa’s Next Leading Technology Innovator
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Flutterwave and Circle Signal a New Phase for Stablecoin Payments
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Addressing the Last Mile Challenge in Africa
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Why Nigeria’s telemedicine sector is growing again
When we put together the first State of Health Tech report in 2018, one sector led overwhelmingly. Startups trying to help patients connect with doctors virtually had the highest number. The reason was simple; there was a low barrier to entry, and many of the founders were doctors themselves. It was a convenient choice.  You […]
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JéGO, GoCab strike deal to put 6,000 EVs on West African roads 
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Spain vs Belgium Prediction & Best Bets: World Cup 2026 Quarter-Final
The second World Cup 2026 quarter-final pits Spain against Belgium in Inglewood at 8pm on Friday 10th July. Read on for the best Spain vs Belgium predictions, tips, and the latest team news ahead of kick-off. Here’s how to claim your free bets with Win Beast: 1 Open an account here. 2 Deposit $10. 3 […] The post Spain vs Belgium Prediction & Best Bets: World Cup 2026 Quarter-Final appeared first on Tekedia.
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France vs Morocco Predictions, Odds, Tips & Best Bets: Thursday, July 9 World Cup Match
One of the World Cup favorites, France, begins a quarter-final showdown at the 2026 World Cup in Boston. Here’s how to claim your free bets with Win Beast: 1 Open an account here. 2Deposit $10. 3 Bet $10 on football at min odds of 1/1 (2.00). Get $50 in free bets after your bet settles […] The post France vs Morocco Predictions, Odds, Tips & Best Bets: Thursday, July 9 World Cup Match appeared first on Tekedia.
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Norway vs England Prediction & Best Bets: World Cup 2026 Quarter-Final
The 2026 FIFA World Cup quarter-finals have arrived, and one of the most intriguing match-ups of the round sees Norway take on England at Hard Rock Stadium in Miami Gardens. Here’s how to claim your free bets with Win Beast: 1 Open an account here. 2 Deposit $10. 3Bet $10 on football at min odds […] The post Norway vs England Prediction & Best Bets: World Cup 2026 Quarter-Final appeared first on Tekedia.
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Why a South African fintech chose the UK before the rest of Africa 
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OpenAI to Launch GPT-5.6 After U.S. Security Review, Launches GPT-Live – Real-Time Voice Models
OpenAI will publicly launch GPT-5.6, its most advanced artificial intelligence model to date, on Thursday after delaying the release last month following requests from the U.S. government for additional national security reviews amid growing concerns over the potential misuse of increasingly powerful AI systems. The launch comes as competition between the United States and China […] The post OpenAI to Launch GPT-5.6 After U.S. Security Review, Launches GPT-Live – Real-Time Voice Models appeared first on Tekedia.
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Judge Approves SEC’s $1.5m Settlement With Elon Musk Over Twitter Share Disclosure, Cites ‘Significant Misgivings’
A U.S. federal judge on Wednesday approved a settlement between the Securities and Exchange Commission (SEC) and trillionaire Elon Musk over allegations that he failed to promptly disclose his purchases of Twitter shares in 2022, while making clear she had serious reservations about the agreement and the questions it raises about regulatory enforcement. U.S. District […] The post Judge Approves SEC’s $1.5m Settlement With Elon Musk Over Twitter Share Disclosure, Cites ‘Significant Misgivings’ appeared first on Tekedia.
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AI Chip Startup SambaNova Raises $1bn to Hit $11bn Valuation
Artificial intelligence chip startup SambaNova has secured $1 billion in new financing, underscoring investors’ growing appetite for companies seeking to challenge Nvidia’s dominance in one of the fastest-growing segments of the AI industry. The latest funding round values the California-based company at $11 billion and comes as demand shifts from training large AI models to […] The post AI Chip Startup SambaNova Raises $1bn to Hit $11bn Valuation appeared first on Tekedia.
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