Shares of Coinbase Global fell 5.6% in premarket trading on Friday after the cryptocurrency exchange reported its third consecutive quarterly loss, highlighting the pressure that prolonged weakness in digital asset markets continues to exert on one of the industry’s largest trading platforms. The results come at a time when the cryptocurrency market is grappling with […] The post Coinbase Shares Fall After Third Straight Quarterly Loss As Crypto Slump Persists, But Analysts See Stronger Long-Term Fundamentals appeared first on Tekedia.

MTN Nigeria Communications Plc delivered its strongest half-year financial performance on record, posting a profit before tax of N1.09 trillion for the six months ended June 30, 2026, as surging demand for data services, improved operating efficiency, lower finance costs and sustained subscriber growth powered earnings. The telecommunications giant reported a 75.4% year-on-year increase in […] The post MTN Nigeria Posts Record N1.09tn Pre-Tax Profit as Data Boom, Lower Debt And Stronger Cash Flow Drive Stellar H1 Earnings appeared first on Tekedia.

President Donald Trump’s 2025 annual financial disclosure has provided the clearest picture yet of the financial institutions connected to his personal investment portfolio, revealing relationships with several of Wall Street’s biggest firms while highlighting the governance and compliance challenges of managing the wealth of a sitting U.S. president. A CNBC analysis of Trump’s filing with […] The post Analysis: Trump’s Financial Disclosure Sheds New Light on Banks Managing His Investment Portfolio, While Raising Governance Questions appeared first on Tekedia.

Brookfield Infrastructure is exploring the potential sale of NorthRiver Midstream in a transaction that could value the Canadian natural gas pipeline and processing operator at approximately C$7 billion ($5 billion), as surging investor demand for energy infrastructure continues to drive dealmaking across North America. According to sources cited by Reuters, the infrastructure investment giant has […] The post Brookfield Explores $5bn Sale of NorthRiver Midstream as Investor Appetite for Energy Infrastructure Grows appeared first on Tekedia.

China has unveiled sweeping new exit-and-entry regulations that will allow authorities to prevent citizens from leaving the country if they are deemed a potential threat to national technology security. The new rules underline Beijing’s aggressive efforts to safeguard strategic technologies, intellectual property and high-value talent amid intensifying geopolitical competition. The regulations, published Friday by the […] The post China Tightens Exit Controls, Can Bar Citizens from Leaving Over Technology Security Risks appeared first on Tekedia.

VALR, the continent’s largest crypto exchange by trading volume, launched a Hyperliquid-powered perpetual futures product in July 2026, giving African traders direct access to leveraged derivatives that were previously mostly reached through offshore platforms. VALR’s own announcement warned that leverage “can magnify both profits and losses, making proper risk management essential” without explaining what that […] The post Funding Rates and Liquidation, Explained: What VALR’s New Perpetual Futures Product Means for Traders appeared first on Tekedia.

Every founder or business owner ends up staring down some version of the same uncomfortable question eventually, a product line, a hire, a market that isn’t converting, a partnership that keeps needing rescuing, and the honest answer about whether to keep going usually has less to do with the numbers than with how much has […] The post Why It’s So Hard to Kill a Project That Isn’t Working appeared first on Tekedia.

Happy Girlfriend Day is a wonderful opportunity to celebrate the special woman who brings love, happiness, and support into your life. Observed every year on August 1, this unofficial celebration has become increasingly popular around the world as couples take time to appreciate their relationships. Whether you’ve been dating for a few months or have […]

Access SME App is a mobile application from Access Bank Plc that combines digital banking with smart business management tools in one platform. Built specifically for Small and Medium-sized Enterprises (SMEs), the app helps business owners manage finances, monitor inventory, track sales, oversee staff activities, and access banking services from anywhere. Unlike many business management […]

Over the past decade, the technology industry has witnessed one of the most significant waves of infrastructure transformation in its history. While much attention is often given to the emergence of new programming languages, databases, and cloud platforms, a more revealing story lies in the technologies that companies have chosen to migrate to. Technology migration […] The post What Software Evolution Reveals About the Future of Digital Infrastructure appeared first on Tekedia.

Nigeria is experiencing a remarkable transformation in artificial intelligence (AI) research, with scholarly publications reaching unprecedented levels over the past decade. A review of publication data covering journal articles, conference papers, working papers, and preprints with English-language titles or abstracts shows that the country’s research output has grown from just 161 publications in 2016 to […] The post Nigeria’s AI Research Boom Signals a New Era of Scientific Innovation appeared first on Tekedia.

DStv Stream Subscription is one of the easiest ways to enjoy live TV, blockbuster movies, premium sports, kids’ shows, documentaries, and local entertainment without installing a decoder or satellite dish. As long as you have a stable internet connection and a compatible device, you can start streaming your favourite content within minutes. Whether you’re always […]

The Nigerian National Petroleum Company Limited (NNPC) reported a profit after tax (PAT) of N535 billion in June 2026, its strongest monthly earnings in 10 months, as higher revenue and improved natural gas production helped offset a slight decline in crude oil output. According to the company’s June 2026 Monthly Financial and Operations Report, the […] The post NNPC Posts N535bn June Profit, Highest Monthly Earnings in 10 Months As Gas Output Rises appeared first on Tekedia.

Chinese military researchers have extensively used outputs from advanced artificial intelligence models developed by OpenAI and Anthropic to train domestic AI systems for defense and security applications, indicating Beijing is exploiting a widely used AI training technique to narrow the technological gap with the United States despite tightening export controls. A Reuters review of more […] The post Chinese Military Researchers Use OpenAI and Anthropic Models to Advance Defense AI, Reuters Review Finds appeared first on Tekedia.

Microsoft added nearly $450 billion to its market value on Thursday, marking the largest single-day increase ever recorded by a publicly traded company after delivering stronger-than-expected earnings and an upbeat cloud computing forecast that reassured investors its massive artificial intelligence investments are beginning to generate meaningful returns. The software giant’s shares surged more than 15%, […] The post Microsoft Posts Record $450bn Market Value Surge As Azure Outlook Validates AI Spending Strategy appeared first on Tekedia.

The artificial intelligence industry is facing renewed scrutiny following two major developments involving leading AI companies. Anthropic has released a security report detailing how its Claude AI system was exploited to compromise three external organizations during internal security exercises. While separate reports claim that Chinese military researchers have successfully distilled models from OpenAI and Anthropic […] The post Anthropic Security Report and Chinese AI Distillation Highlight Growing Global AI Competition appeared first on Tekedia.

The cryptocurrency industry has been shaken by reports that more than 500 Bitcoin have been stolen from users of Coldcard hardware wallets in what appears to be a highly sophisticated exploitation campaign. The incident has sparked widespread concern among Bitcoin holders, security researchers, and self-custody advocates, raising fresh questions about the evolving tactics used by […] The post Coldcard Wallet Incident Highlights the Growing Threat to Bitcoin Self-Custody appeared first on Tekedia.

Shell has agreed to sell its BG Cyprus subsidiary to Hungarian energy company MOL Group for up to $720 million, continuing its portfolio reshaping strategy as the British energy giant concentrates capital on its high-return liquefied natural gas (LNG) business. The transaction transfers ownership of BG Cyprus, which holds a 35% non-operated interest in the […] The post Shell Sells Cyprus Gas Stake to MOL in Up to $720m Deal as LNG Strategy Takes Center Stage appeared first on Tekedia.

Big Brother Naija 2026 is finally here, and fans across Nigeria and Africa are in for another thrilling season packed with drama, entertainment, strategy, friendships, rivalries, and unforgettable moments. Tagged “Show Ya Sef,” Season 11 promises to be the biggest edition of the reality TV show yet. This year’s competition features 24 carefully selected housemates […]

Amazon delivered a strong quarterly performance, surpassing Wall Street expectations and sending its shares up roughly 7% in after-hours trading. The results reinforced investor confidence in the company’s ability to balance rapid growth across its e-commerce, cloud computing, advertising, and artificial intelligence businesses despite a challenging global economic environment. The earnings report highlighted Amazon’s continued […] The post Amazon Beats Earnings Estimates, Shares Surge 7% Overnight appeared first on Tekedia.

ExxonMobil and Chevron posted sharply higher second-quarter profits on Friday after the U.S.-Iran conflict pushed crude oil prices higher, boosting earnings across their upstream and refining operations. The results add to the spike in crude prices and tighter fuel markets that have strengthened the financial performance of the world’s largest oil producers, even as concerns […] The post Exxon, Chevron Profits Surge As Iran War Drives Oil Prices Higher appeared first on Tekedia.

Cloud infrastructure provider Nscale has agreed to acquire AI software startup Anyscale in a deal reportedly valued at about $1.65 billion, marking another step in the rapid consolidation of the artificial intelligence infrastructure market as providers race to offer end-to-end platforms capable of powering increasingly complex AI workloads. The acquisition, announced on Thursday, combines one […] The post Nscale to Acquire Anyscale in $1.65bn AI Software Deal to Expand Cloud Infrastructure Platform appeared first on Tekedia.

OpenAI has dramatically reduced the pricing of its GPT-5.6 family of artificial intelligence models, signaling an increasingly aggressive battle for dominance in the rapidly evolving AI market. The company announced an 80% price reduction for GPT-5.6 Luna, while lowering GPT-5.6 Terra pricing by 20%, bringing Terra’s cost down to just $2 per million tokens. The […] The post OpenAI Sparks AI Price War with Massive GPT-5.6 Cost Reductions appeared first on Tekedia.

Strategy has reported an $8.2 billion net loss for the second quarter, highlighting the significant impact that Bitcoin price volatility can have on corporate financial statements. While the company remains the world’s largest corporate holder of Bitcoin, the quarterly loss underscores the accounting challenges associated with holding massive digital asset reserves, even as management continues […] The post Strategy Reports $8.2 Billion Q2 Loss as Bitcoin Volatility Weighs on Financial Results appeared first on Tekedia.

The United States economy expanded at an annualized rate of 1.5% in the second quarter, falling short of economists’ expectations and signaling that economic momentum has weakened despite continued resilience in key sectors. At the same time, the latest inflation data offered a more encouraging picture, with the June Personal Consumption Expenditures inflation rate meeting […] The post US Economy Slows as Second-Quarter GDP Misses Forecasts While Inflation Continues to Ease appeared first on Tekedia.

The technology sector delivered a dramatic split performance as semiconductor stocks rallied sharply while Apple faced renewed pressure after issuing a cautious outlook for the coming quarter. Investors poured into chipmakers on expectations of sustained demand for artificial intelligence hardware, while concerns over slowing iPhone growth and mounting supply chain challenges weighed heavily on Apple […] The post Semiconductor Rally Accelerates as Apple Faces Slower Growth and Supply Challenges appeared first on Tekedia.

Knowing exactly how to vote in Big Brother Naija is crucial if you want to keep your favorite housemates in the bbnaija house. If you’re a fan of Big Brother Naija (BBNaija), then voting is one of the most exciting ways to support your favourite housemate. Every week, viewers across Africa rally behind their preferred […]

The European Union will invest €10 billion ($11.5 billion) to build seven artificial intelligence gigafactories across the bloc, significantly expanding its efforts to develop sovereign AI infrastructure and narrow the technology gap with the United States and China. The initiative, announced on Thursday by the European Commission, represents one of Europe’s largest public investments in […] The post EU expands AI infrastructure push with €10bn plan for seven gigafactories appeared first on Tekedia.

U.S. equities staged a powerful rally as the S&P 500 climbed more than 1.6% in a single trading session, adding over $1.1 trillion in market value. The broad-based advance reflected renewed investor confidence in corporate earnings, the resilience of the U.S. economy, and growing optimism that artificial intelligence will continue to drive the next wave […] The post S&P 500 Surges 1.6% as Microsoft Posts Best Trading Day Since 2008 appeared first on Tekedia.

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has agreed to acquire electronic bond trading platform MarketAxess Holdings in a $5.7 billion all-cash deal, a move that significantly strengthens its position in the fast-growing fixed-income market and broadens its ambitions beyond traditional equity trading. The acquisition, announced on Thursday, shows that […] The post NYSE Owner ICE Strikes $5.7bn Deal For Marketaxess to Build Fixed-Income Powerhouse as Bond Trading Boom Gathers Pace appeared first on Tekedia.

Germany’s economic recovery gathered fresh momentum in the first half of 2026 as two major developments highlighted growing confidence in Europe’s largest economy. National rail operator Deutsche Bahn announced its first operating profit in its core business in seven years, while Amazon revealed plans to invest more than €300 million to expand its operations in […] The post Amazon to Invest Over €300M in Germany as Deutsche Bahn Ends Seven-Year Profit Drought appeared first on Tekedia.

The crypto market rarely hands out easy answers, and this week’s action across three projects proves it. Trading near $565, Binance Coin is fighting to hold the $563 support zone, with buyers eyeing $571 as the next hurdle before sentiment can truly turn bullish. Meanwhile, Ondo Finance has unveiled Ondo Network to address the execution […] The post BNB Fights Back, ONDO Takes Off, But BlockDAG Emerges as 2026’s Next Big Crypto with Rising Utility and $0.00000015 Entry appeared first on Tekedia.

Meet your boardroom’s new protocol. ContiSX Sage is a fully offline, multi-lingual note-taking system built for cooperatives, circles and corporate boards. It sits in the room, records the meeting, interprets in Yoruba, Igbo, Hausa, Pidgin, or English, and seals the minutes on-chain. It is a pure Wazobia breed where any person can speak his or […] The post ContiSX Sage – Your Boardroom’s New Protocol appeared first on Tekedia.

How the ContiSX Phone Can Attract Muslim Investors Nigeria is home to one of Africa’s largest Muslim populations, yet participation in the country’s capital market remains relatively low. While several factors contribute to this gap, one of the most significant is the limited availability and visibility of investment products that align with Islamic financial principles. […] The post How the ContiSX Phone Can Attract Muslim Investors appeared first on Tekedia.

As enterprises rapidly integrate artificial intelligence into their daily operations, one of the biggest challenges has become managing the soaring costs associated with running large language models. Every AI prompt consumes computational resources, often measured in tokens, and as businesses scale AI adoption across thousands of employees, token usage can translate into significant operational expenses. […] The post EY’s AI Routing Technology Could Transform Enterprise Generative AI Costs appeared first on Tekedia.