Morale inside Meta has plunged to what insiders describe as some of the lowest levels in the company’s history, as the social media giant’s layoff, tied to an aggressive push into artificial intelligence, exacts a heavy human cost on its remaining workforce. The frustration boiled over last month when Meta laid off approximately 8,000 employees, […] The post The Human Toll of Meta’s AI Pivot: Layoffs, Grunt Work, and a Tone-Deaf Hackathon Deepen Morale Crisis appeared first on Tekedia.

Bitcoin has dropped below the key $63,000 level, trading around $62,600–$62,800 in the latest session amid heightened volatility. The sharp decline erased recent gains after the crypto asset traded as high as $67,252 earlier this week. Bitcoin’s recent price action comes amid risk-off sentiment sweeping global markets. Factors include hawkish signals from the Federal Reserve, […] The post Bitcoin Crashes Below $63K as Market Panic Returns appeared first on Tekedia.

Intel shares surged in premarket trading Thursday after President Donald Trump announced that the chipmaker had reached an agreement with Apple to design and manufacture chips in the United States, a development that could mark a major turning point in the company’s years-long effort to regain relevance in the global semiconductor industry. The stock climbed […] The post Intel Surges 9% After Trump Announced Company Will Partner With Apple On U.S. Chip Design appeared first on Tekedia.

China’s artificial intelligence race has entered a new phase, one where access to elite engineers may be as valuable as access to capital. Chinese AI startup DeepSeek reportedly attached an unusual condition to its first major external fundraising effort: investors must agree not to poach its employees or encourage them to launch competing ventures. According […] The post DeepSeek’s $7.4 Billion Fundraising Comes With an Unusual Demand: Don’t Poach Our Talent appeared first on Tekedia.

Epson has officially launched its SurePress digital label press in South Africa, marking the first time the model is operating on the African continent and signalling a significant expansion of advanced digital label printing capability into the region. Following a successful installation in April and final testing throughout May, the device is now fully operational, […]

In today’s digital world, many internet users encounter restrictions when trying to access certain websites, apps, streaming services, or online platforms. Sometimes these restrictions are imposed by governments, internet service providers (ISPs), schools, workplaces, or even app developers themselves. One of the most effective ways to bypass such restrictions is by using a Virtual Private […]

Since 2020, M-KOPA has built its reputation helping Africans buy smartphones on credit. But the Nairobi-headquartered asset financing company is increasingly using those devices as a gateway into digital credit.

The greatest AI risk facing Africa may therefore not be automation itself, but uneven capability distribution.

Father’s Day is just around the corner, and it’s time to celebrate and honor the tech-savvy dads in our lives. If your dad is a gadget enthusiast, we’ve got you covered with the top 10 tech gifts for Father’s Day that are sure to make his day extra special. //Staff writer

Many people are interested in earning crypto rewards, and cloud mining gives a simpler way to do this. BM Blockchain lets you access cloud mining, saying that some users might earn as much as $2,468 daily. Plus, new users who qualify get a $108 bonus right after registering. The platform supports major cryptocurrencies like Bitcoin, […]

Meet Gbolahan Adebayo, a data and business intelligence analyst who specialises in turning complex data into clear, actionable insights through visualization.

KCB Bank Kenya Managing Director, Mrs. Annastacia Kimtai (left) and Airtel Money Kenya Managing Director, Anne Kinuthia-Otieno (right)

You’re halfway through a high-intensity interval session when your phone slips from the treadmill ledge, crashing onto the gym floor. That sickening crack across the screen of your iPhone 16 Pro Max isn’t just heartbreaking—it’s expensive. For fitness enthusiasts who rely on their phones for workout tracking, music, and exercise tutorials, this scenario is all […]

Artificial intelligence company Midjourney, best known for its groundbreaking AI image and video generation tools, has unveiled an ambitious new project: a full-body medical scanner designed to transform preventive healthcare and personal wellness monitoring. The announcement marks a significant shift for the company, signaling its intention to expand beyond creative AI applications and into the […] The post Midjourney Reveals Full-Body Medical Scanner, Expanding Beyond AI Image Generation appeared first on Tekedia.

The Swiss National Bank kept its key policy rate unchanged at 0% on Thursday, signaling continued caution amid lingering global uncertainties from the Iran conflict, while explicitly reaffirming its willingness to intervene in currency markets to prevent disruptive appreciation of the safe-haven franc. The decision, widely anticipated by markets, leaves Swiss borrowing costs significantly below […] The post Swiss National Bank Holds Rates at Zero and Stands Ready to Curb Franc Strength Amid Middle East Tensions appeared first on Tekedia.

Shares of STRC have fallen to a record low as investors increasingly question whether Strategy may eventually need to sell additional Bitcoin holdings to maintain dividend payments. The decline highlights growing concerns about the sustainability of a financial model that relies heavily on Bitcoin-backed capital strategies while promising consistent returns to shareholders. Strategy, widely known […] The post STRC Hits Record Low as Concerns Grow Over Strategy’s Dividend Funding Model appeared first on Tekedia.

Global financial markets experienced a sharp wave of selling pressure as stocks collectively lost an estimated $1.2 trillion in market capitalization, while Bitcoin fell to $64,000, highlighting growing uncertainty among investors. The simultaneous decline across traditional and digital asset markets reflects concerns over economic growth, interest rate expectations, geopolitical tensions, and shifting investor sentiment. The […] The post Stocks Lose $1.2 Trillion in Market Value as Bitcoin Drops to $64,000 appeared first on Tekedia.

Some of the world’s largest technology companies are dramatically increasing their bets on carbon removal technologies, committing hundreds of millions of dollars to help scale an industry viewed as essential for meeting global climate goals. The move comes along with a warning by a new study that the rapidly expanding data-center sector underpinning artificial intelligence […] The post Anthropic Joins Big Tech-Backed Coalition For Carbon Removal, Raising Funding By $915m To $1.8bn As AI Boom Drives Need For Climate Solutions appeared first on Tekedia.

Oil prices fell sharply on Thursday, extending losses to their lowest levels since the early days of the Iran conflict, after details of a U.S.-Iran memorandum of understanding signaled a potential end to hostilities, the reopening of the Strait of Hormuz, and the prospect of increased Iranian oil exports. Brent crude futures dropped $1.59, or […] The post Oil Prices Tumble Further As Iran Acknowledges Peace Deal With U.S., Easing Fears Over Hormuz Disruption appeared first on Tekedia.

Anthropic’s confrontation with the Trump administration has introduced fresh uncertainty ahead of the company’s planned stock market debut, with investors’ concern growing over the dispute’s potential impact on the IPO. The San Francisco-based AI developer entered June with extraordinary momentum. After raising $65 billion in fresh funding at a $965 billion valuation, surpassing OpenAI’s last […] The post Anthropic’s Clash With Trump Administration May Strengthen Its IPO Story as Enterprise Demand Surges appeared first on Tekedia.

Lookonchain data recently revealed that Bitcoin mining giant MARA purchased 1,000 Bitcoin worth approximately $66.7 million through FalconX, underscoring the company’s growing commitment to accumulating digital assets despite market volatility. The acquisition highlights a broader trend among publicly traded Bitcoin miners that are increasingly treating Bitcoin not only as a mined commodity but also as […] The post MARA Bitcoin Accumulation Strategy Signals Stronger Institutional Demand appeared first on Tekedia.

For decades, Germany has been the archetype of a cash-dominant economy in Europe, where physical currency was not just a payment method but a cultural preference tied to privacy, budgeting discipline, and distrust of digital surveillance. However, that long-standing position is now undergoing structural change. Mobile payments and contactless transactions are steadily eroding cash’s dominance, […] The post Why Germans Still Prefer Cash Despite Digital Payment Growth appeared first on Tekedia.

Gold has long been regarded as a symbol of wealth, stability, and financial security. For centuries, it has played a central role in the global monetary system, serving as a store of value during times of economic uncertainty. In recent years, central banks around the world have accelerated their gold purchases at a pace not […] The post Record Gold Demand from Central Banks Signals a Shift in Global Finance appeared first on Tekedia.

Online Scams Nigeria 2026: The Biggest Threats Targeting Nigerians Right Now Online scams are not new in Nigeria. What has changed in 2026 is how sophisticated they have become.… TechCity

Changpeng Zhao, widely known as CZ, the founder of Binance, has shared strategic recommendations for governments following high-level meetings with country leaders and regulators. In a recent post on X, CZ urged countries to accelerate the adoption of tokenized stocks and sovereign stablecoins as a pathway to global financial leadership. He wrote, “Countries need to […] The post Binance Founder CZ Urges Nations to Embrace Tokenization And Sovereign Stablecoins For Global Financial Leadership appeared first on Tekedia.

Federal Reserve Chairman Kevin Warsh entered his first policy meeting promising change. By the time the meeting ended, Wall Street had received a clear signal that the era of easy assumptions about interest-rate cuts may be over. The Fed left its benchmark interest rate unchanged at 3.5% to 3.75%, a decision markets had largely anticipated. […] The post How Did Warsh’s First Fed Meeting Go? He Emphasized “Price Stability,” and Markets Took A Hit appeared first on Tekedia.

The U.S. government has awarded $500 million to AI-driven startup SandboxAQ to accelerate the development of new chemicals and materials critical for American semiconductor manufacturing, marking a significant push under the CHIPS Act to reduce vulnerabilities in global supply chains. The funding, announced Wednesday by the Department of Commerce, targets four priority areas: replacements for […] The post U.S. Awards $500m to SandboxAQ to Strengthen Domestic Semiconductor Supply Chains and Cut Reliance on Foreign Materials appeared first on Tekedia.