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IHS shareholders back MTN’s bid for full ownership
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EXCLUSIVE: Kenya’s Cloud9 acquires Chpter less than a year after founders left 
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Oloolu and Wasilat: How Fear is Communicated and Contested
The controversy surrounding the Oloolu masquerade and Wasilat has become more than a cultural dispute in Ibadan. It has evolved into a national conversation about belief, tradition, authority, social media, and the power of fear. Beyond deciding who is right or wrong, the incident invites us to ask a more important question: how does fear […] The post Oloolu and Wasilat: How Fear is Communicated and Contested appeared first on Tekedia.
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👨🏿‍🚀TechCabal Daily – PalmPay eyes Hong Kong
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NTAC says technical assistance programme strengthens Nigeria’s global image
Key points Main Story The Nigerian Technical Aid Corps (NTAC) has said its technical assistance programme is strengthening Nigeria’s international image by deploying skilled professionals to support development and deepen diplomatic relations across Africa, the Caribbean and the Pacific. The Director-General of NTAC, Dr Yusuf-Buba Yakub, stated this on Tuesday in Abuja during a one-day […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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SK Hynix Faces Fresh Labor Tensions As Union Rejects Stock-Based Bonus Proposal Amid AI-Driven Profit Boom
SK Hynix is facing renewed labor tensions as management and representatives of one of its South Korean unions entered a fifth round of negotiations on Tuesday over a lucrative bonus package. The talks, taking place at the company’s semiconductor manufacturing complex in Cheongju, center on a proposed overhaul of SK Hynix’s profit-sharing scheme after record […] The post SK Hynix Faces Fresh Labor Tensions As Union Rejects Stock-Based Bonus Proposal Amid AI-Driven Profit Boom appeared first on Tekedia.
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Trump Administration Plans Ban on New Chinese Data Center Components to Secure U.S. AI Infrastructure
The Trump administration is preparing new restrictions that would prohibit imports of new Chinese-made optical transceivers used in U.S. data centers, escalating Washington’s efforts to secure critical artificial intelligence infrastructure and reduce reliance on Chinese technology in strategic sectors. According to Reuters, the Federal Communications Commission is drafting a measure that would block imports of […] The post Trump Administration Plans Ban on New Chinese Data Center Components to Secure U.S. AI Infrastructure appeared first on Tekedia.
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OpenAI Rebuts Apple’s Trade Secrets Lawsuit, Says Internal Emails Undercut Key Allegations
The legal dispute between OpenAI and Apple intensified on Tuesday after OpenAI publicly rejected Apple’s trade secrets lawsuit, accusing the iPhone maker of filing a complaint riddled with factual inaccuracies and releasing email exchanges that it says undermine several of Apple’s central allegations. In a sharply worded blog post, OpenAI described Apple’s lawsuit as a […] The post OpenAI Rebuts Apple’s Trade Secrets Lawsuit, Says Internal Emails Undercut Key Allegations appeared first on Tekedia.
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Amazon’s Historic $3 Trillion Market Cap Reflects Investor Confidence in AI
Amazon has reached a historic financial milestone by surpassing a $3 trillion market capitalization for the first time, joining an exclusive group of the world’s most valuable publicly traded companies. The achievement underscores the company’s remarkable transformation from an online bookstore into a global technology powerhouse spanning e-commerce, cloud computing, artificial intelligence, digital advertising, logistics, […] The post Amazon’s Historic $3 Trillion Market Cap Reflects Investor Confidence in AI appeared first on Tekedia.
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Nigeria Approves $4.5bn NNPC Oil-Backed Refinancing To Strengthen Reserves, Ease Debt Burden
Nigeria’s National Economic Council (NEC) has approved a new $4.5 billion oil-backed pre-export financing facility for Nigerian National Petroleum Company Limited (NNPC Ltd.), replacing part of an existing arrangement with a larger and more flexible structure aimed at strengthening the country’s foreign exchange reserves, easing pressure on public finances and creating additional funding for infrastructure. […] The post Nigeria Approves $4.5bn NNPC Oil-Backed Refinancing To Strengthen Reserves, Ease Debt Burden appeared first on Tekedia.
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Franklin Templeton Joins Canton Network as Super Validator, Boosting Institutional Blockchain Adoption
Franklin Templeton has taken a significant step in its blockchain strategy by joining the Canton Network as a super validator, reinforcing the growing convergence between traditional finance and decentralized financial infrastructure. The move highlights the asset manager’s commitment to tokenization, blockchain-based settlement, and the modernization of capital markets. As one of the world’s largest investment […] The post Franklin Templeton Joins Canton Network as Super Validator, Boosting Institutional Blockchain Adoption appeared first on Tekedia.
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Apple Renews Legal Fight Against UK Over Encrypted Data Access As Privacy Battle Escalates
Apple has launched a fresh legal challenge against the U.K. government’s attempt to compel the company to provide access to encrypted data belonging to British users, reopening a high-profile dispute over privacy, national security and law enforcement powers. The latest case comes about a year after a previous confrontation between Apple and the U.K. government, […] The post Apple Renews Legal Fight Against UK Over Encrypted Data Access As Privacy Battle Escalates appeared first on Tekedia.
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Coldcard Hack Losses Top $100M, Telegram’s App Store Removal and Fomo’s Rise Reflects Crypto’s Rapidly Shifting Landscape
The cryptocurrency industry continues to experience a turbulent mix of security challenges, platform disruptions, and shifting user behavior. In the latest developments, losses linked to the Coldcard hardware wallet vulnerability have reportedly exceeded $100 million following additional waves of attacks, while Telegram briefly disappeared from Apple’s App Store before being reinstated. At the same time, […] The post Coldcard Hack Losses Top $100M, Telegram’s App Store Removal and Fomo’s Rise Reflects Crypto’s Rapidly Shifting Landscape appeared first on Tekedia.
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Why Russia Has Banned Cryptocurrency Mining in Moscow Until 2032
Russia has announced a sweeping ban on cryptocurrency mining in Moscow that will remain in effect until 2032, marking one of the country’s most significant interventions in the digital asset industry. The decision reflects the government’s growing concerns over electricity consumption, energy security, and the need to prioritize power supplies for households and critical industries. […] The post Why Russia Has Banned Cryptocurrency Mining in Moscow Until 2032 appeared first on Tekedia.
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Senate Omits CLARITY Act, Delaying US Crypto Regulation
The failure of the United States Senate to include the CLARITY Act in its legislative schedule has introduced fresh uncertainty for the cryptocurrency industry, which has been seeking a comprehensive regulatory framework for digital assets. While lawmakers continue to debate the future of blockchain innovation, the absence of the bill from the Senate’s agenda signals […] The post Senate Omits CLARITY Act, Delaying US Crypto Regulation appeared first on Tekedia.
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FBI Agent Accused of Stealing $1 Million in Cryptocurrency From Criminal Investigations
A federal law enforcement officer entrusted with investigating cybercrime now faces allegations of committing one of the very offenses he was sworn to combat. An FBI agent has been accused of stealing approximately $1 million worth of cryptocurrency that had been seized during investigations targeting cybercriminals and other adversaries. The case has sparked renewed concerns […] The post FBI Agent Accused of Stealing $1 Million in Cryptocurrency From Criminal Investigations appeared first on Tekedia.
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Palantir Says AI Is Rewriting Enterprise Software As Commercial Revenue Surges 149% With ‘A Minuscule And Shrinking Sales Head Count’
Palantir Technologies delivered another blockbuster quarter on Monday, strengthening its position as one of the biggest corporate beneficiaries of the artificial intelligence boom as Chief Executive Alex Karp said that the company’s explosive growth is proving that AI can fundamentally reshape how software companies operate. The data analytics and AI software company reported second-quarter results […] The post Palantir Says AI Is Rewriting Enterprise Software As Commercial Revenue Surges 149% With ‘A Minuscule And Shrinking Sales Head Count’ appeared first on Tekedia.
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Iran Rejects U.S. Claim That the Strait of Hormuz Is Fully Under American Control
Iran has rejected recent claims by the United States that the Strait of Hormuz is completely under American control, reigniting debate over one of the world’s most strategically important maritime corridors. The statement comes amid heightened geopolitical tensions in the Middle East, where military deployments, diplomatic negotiations, and energy security remain closely intertwined. Tehran insists […] The post Iran Rejects U.S. Claim That the Strait of Hormuz Is Fully Under American Control appeared first on Tekedia.
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S&P 500 Ends Just $20 Below Record High as Iran Peace Prospects Boost Market Confidence
Wall Street edged closer to a historic milestone as the S&P 500 closed just 20 points below its previous all-time high, fueled by growing optimism that a new peace agreement involving Iran could reduce geopolitical tensions in the Middle East. The rally reflected a broad shift in investor sentiment, with traders moving back into risk […] The post S&P 500 Ends Just $20 Below Record High as Iran Peace Prospects Boost Market Confidence appeared first on Tekedia.
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25 Democratic-Led States Sue Trump Administration Over New Tariffs, Arguing White House Exceeded Legal Authority
A coalition of 25 Democratic-led U.S. states has launched a fresh legal challenge against President Donald Trump’s latest round of global tariffs, arguing that the administration once again exceeded its statutory authority by imposing sweeping import duties that affect virtually all U.S. trading partners. The lawsuit, filed on Monday in the United States Court of […] The post 25 Democratic-Led States Sue Trump Administration Over New Tariffs, Arguing White House Exceeded Legal Authority appeared first on Tekedia.
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PLTR Surges 8% After Earnings Beat and Stronger Forward Guidance
Shares of Palantir Technologies (NASDAQ: PLTR) jumped roughly 8% after the company reported stronger-than-expected quarterly earnings and raised its forward guidance, reinforcing investor confidence that demand for artificial intelligence-driven software remains robust. The rally adds to an already remarkable year for Palantir, whose rapid expansion across both government and commercial markets has positioned it as […] The post PLTR Surges 8% After Earnings Beat and Stronger Forward Guidance appeared first on Tekedia.
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Hugging Face CEO Calls for Mandatory AI Cyberattack Disclosures After OpenAI And Anthropic Security Incidents
The chief executive of Hugging Face has called for mandatory disclosure of AI-related cyberattacks, noting that greater transparency, rather than restricting access to advanced artificial intelligence models, is the most effective way to strengthen cybersecurity as increasingly capable AI systems are deployed. Speaking in an interview with CBS aired on Sunday, Hugging Face CEO Clem […] The post Hugging Face CEO Calls for Mandatory AI Cyberattack Disclosures After OpenAI And Anthropic Security Incidents appeared first on Tekedia.
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White House Invites Google, Meta, Anthropic and OpenAI to Discuss AI Safety Framework Amid Cyber Incidents
The Trump administration is stepping up oversight of advanced artificial intelligence by bringing together the industry’s biggest developers for discussions on voluntary government cybersecurity testing, marking one of the most significant efforts yet to evaluate whether frontier AI models could become national security risks. Meta, Anthropic, OpenAI and Google have been invited to meet White […] The post White House Invites Google, Meta, Anthropic and OpenAI to Discuss AI Safety Framework Amid Cyber Incidents appeared first on Tekedia.
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Bitcoin’s BIP-110 Soft Fork Delayed Following Coldcard Security Flaw and Weak Miner Support
Developers behind Bitcoin’s proposed BIP-110 soft fork have postponed its planned activation after a significant security vulnerability affecting Coldcard wallets raised fresh concerns across the Bitcoin ecosystem. The delay comes at a time when confidence in the proposal was already under pressure, as the upgrade struggled to gain sufficient backing from miners. Together, the security […] The post Bitcoin’s BIP-110 Soft Fork Delayed Following Coldcard Security Flaw and Weak Miner Support appeared first on Tekedia.
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SOL to XMR Swap Fees and Rates Comparison 2026
Compare SOL to XMR swap fees and rates across top platforms in 2026. Discover low-cost options, privacy features, and how to minimize costs for Solana to Monero exchanges. How SOL to XMR Swaps Actually Work You send SOL to a deposit address and receive XMR in return. Most non-custodial platforms handle the cross-chain step without […] The post SOL to XMR Swap Fees and Rates Comparison 2026 appeared first on Tekedia.
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“Never Sold it Before”: Saylor Clarifies His Bitcoin Holdings Amid Strategy’s Recent Sale
Michael Saylor, the executive chairman of Strategy, has drawn a sharp distinction between his personal Bitcoin holdings and those of his company following its latest cryptocurrency sale. In a post on X, Saylor stated that he has never sold any of his personal Bitcoin, emphasizing, that Strategy is a public company, and not his personal […] The post “Never Sold it Before”: Saylor Clarifies His Bitcoin Holdings Amid Strategy’s Recent Sale appeared first on Tekedia.
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Amazon Surpasses $3tn Market Value as AI-Fueled AWS Growth Sparks Fresh Big Tech Rally
Amazon became the latest technology giant to surpass a $3 trillion market capitalization on Monday, as investors rewarded the company for delivering its strongest cloud-computing growth in more than four years, boosting confidence that massive investments in artificial intelligence are beginning to translate into stronger financial returns. Amazon’s shares climbed 5% to a record $285.01, […] The post Amazon Surpasses $3tn Market Value as AI-Fueled AWS Growth Sparks Fresh Big Tech Rally appeared first on Tekedia.
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Oil Tumbles, Treasury Yields Retreat And Gold Climbs As Hopes Of Renewed U.S.-Iran Talks Lift Global Markets
Global financial markets began August on a more optimistic footing on Monday as renewed hopes for diplomacy between the United States and Iran triggered a broad repricing across asset classes, sending oil prices sharply lower, pulling U.S. Treasury yields down, lifting gold and supporting equities. The prospect of negotiations eased fears of a prolonged disruption […] The post Oil Tumbles, Treasury Yields Retreat And Gold Climbs As Hopes Of Renewed U.S.-Iran Talks Lift Global Markets appeared first on Tekedia.
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Cramer Says Iran War Basket Trades Create Investment Opportunities, and Amazon is Reshaping Wall Street’s View of AI Spending
CNBC’s Jim Cramer says the prolonged U.S.-Iran conflict has amplified one of Wall Street’s most powerful trading trends, with investors increasingly buying and selling stocks in broad thematic “basket trades” rather than on company-specific fundamentals, creating pricing distortions that could offer opportunities for long-term investors. Speaking on CNBC’s Mad Money on Monday, Cramer noted that […] The post Cramer Says Iran War Basket Trades Create Investment Opportunities, and Amazon is Reshaping Wall Street’s View of AI Spending appeared first on Tekedia.
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CXMT Eyes Second Beijing Memory Chip Plant as China Accelerates AI-Driven Semiconductor Expansion
China’s leading memory-chip manufacturer, ChangXin Memory Technologies (CXMT), is considering building a second dynamic random access memory (DRAM) fabrication plant in Beijing as it accelerates a multibillion-dollar expansion aimed at capitalizing on surging global demand for AI memory chips and strengthening China’s semiconductor self-sufficiency ambitions. According to two sources who spoke to Reuters, CXMT is […] The post CXMT Eyes Second Beijing Memory Chip Plant as China Accelerates AI-Driven Semiconductor Expansion appeared first on Tekedia.
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FirstHoldCo Becomes Nigeria’s First N6tn Banking Group as Earnings Strength and Otedola’s Buying Spree Fuel Historic Rally
FirstHoldCo Plc has become the first listed Nigerian banking group to surpass a N6 trillion market capitalization, marking a historic milestone for the country’s financial services sector as investors continue to re-rate the stock on the back of strong earnings, improving fundamentals and sustained insider accumulation by billionaire businessman Femi Otedola. During trading on Monday, […] The post FirstHoldCo Becomes Nigeria’s First N6tn Banking Group as Earnings Strength and Otedola’s Buying Spree Fuel Historic Rally appeared first on Tekedia.
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Alibaba Unveils Qwen3.8-Max, Its Most Powerful AI Model
Alibaba has unveiled Qwen3.8-Max, its newest and most powerful artificial intelligence model, marking another significant step in China’s effort to narrow the technological gap with leading U.S. AI companies and strengthen its position in the global race for frontier AI. The model, which is scheduled for release next week, features 2.4 trillion parameters, making it […] The post Alibaba Unveils Qwen3.8-Max, Its Most Powerful AI Model appeared first on Tekedia.
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WeRide Expands Into Denmark As Chinese Robotaxi Firms Race To Establish Foothold in Europe’s Autonomous Driving Market
Chinese autonomous driving technology company WeRide will enter Denmark through a partnership with Danish electric mobility operator GreenMobility, expanding its European presence to six countries as Chinese self-driving firms accelerate overseas expansion amid intensifying competition and evolving regulatory frameworks. The companies announced on Monday that, subject to regulatory approvals, they plan to launch a public […] The post WeRide Expands Into Denmark As Chinese Robotaxi Firms Race To Establish Foothold in Europe’s Autonomous Driving Market appeared first on Tekedia.
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OpenAI, Google and Anthropic Face Tougher EU Oversight Under Expanded AI Rules
The European Union has entered a new phase of artificial intelligence regulation after granting its executive arm sweeping enforcement powers over advanced AI models, significantly expanding its authority to inspect frontier systems, restrict market access and impose multimillion-euro penalties on developers that fail to comply with the bloc’s landmark AI legislation. The new powers, which […] The post OpenAI, Google and Anthropic Face Tougher EU Oversight Under Expanded AI Rules appeared first on Tekedia.
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Globacom leads Nigeria’s Internet subscriber growth in May
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OpenAI Dominates Congress’ AI Spending As ChatGPT Becomes The Default Tool on Capitol Hill
OpenAI has established an early lead in the race for influence on Capitol Hill, accounting for nearly 90% of identifiable artificial intelligence spending by the U.S. House of Representatives, making ChatGPT the default generative AI platform for lawmakers and congressional staff. A CNBC analysis of House disbursement records shows OpenAI captured roughly nine out of […] The post OpenAI Dominates Congress’ AI Spending As ChatGPT Becomes The Default Tool on Capitol Hill appeared first on Tekedia.
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