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Technology
Sweat Economy on NEAR Protocol Exploited, Draining 13.71B Sweat Tokens
Sweat Economy, the move-to-earn project behind $SWEAT tokens, primarily on NEAR Protocol was exploited on April 29, 2026. An attacker exploited a vulnerability in the SWEAT token contract around 13:36 UTC. They drained approximately 13.71 billion SWEAT tokens roughly 65% of the total supply at the time from multiple Sweat Foundation and top holder accounts in […] The post Sweat Economy on NEAR Protocol Exploited, Draining 13.71B Sweat Tokens appeared first on Tekedia.
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Impacts of Pump.fun’s 36% Supply Burn and Upcoming Token Unlock
PumpFun, the popular Solana-based memecoin launchpad, announced a major token burn and a new revenue-sharing model, which drove a quick positive price reaction in $PUMP. Pump.fun permanently burned all the PUMP tokens it had repurchased over the past 9 months using 100% of its platform revenue. This totaled roughly $370 million worth of tokens, equating […] The post Impacts of Pump.fun’s 36% Supply Burn and Upcoming Token Unlock appeared first on Tekedia.
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Alphabet Reports Strong Q1 2026 Earnings with Stock Surging Approximately 6%
Alphabet, Google’s parent company, ticker GOOGL/GOOG reported strong Q1 2026 earnings after the bell on April 29, 2026, beating expectations and driving a roughly 5-6% surge in the stock price the next day, pushing it to a new all-time high. Revenue: $109.9 billion, up ~22% year-over-year from $90.2 billion. This topped consensus estimates around $107 billion. […] The post Alphabet Reports Strong Q1 2026 Earnings with Stock Surging Approximately 6% appeared first on Tekedia.
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Bitcoin Could Crash to $40K Before Massive Rally, Analyst Warns
A prominent crypto analyst @cryptorbion on X, has stirred fresh debate in the digital asset space, warning that Bitcoin could be heading for another major correction potentially dropping into the $40,000 range before a significant retracement to the upside. Contrary to the widespread projections that Bitcoin has entered a new bull market, this analyst argues […] The post Bitcoin Could Crash to $40K Before Massive Rally, Analyst Warns appeared first on Tekedia.
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SoftBank Eyes $100bn AI Infrastructure Spin-Off as Masayoshi Son Doubles Down on America’s Data Center Boom
SoftBank Group is preparing a new high-stakes wager on the artificial intelligence boom, with plans to create and list a standalone U.S.-based AI and robotics company that could become one of the year’s most closely watched public offerings. According to a report by the Financial Times, the proposed company, to be called “Roze,” would focus […] The post SoftBank Eyes $100bn AI Infrastructure Spin-Off as Masayoshi Son Doubles Down on America’s Data Center Boom appeared first on Tekedia.
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April 2026 Product Launches: The Biggest Releases, Best Surprises, and Biggest Letdowns
April 2026 Product Launches: The Biggest Releases, Best Surprises, and Biggest Letdowns April 2026 was packed with major product announcements across smartphones, laptops, AI, and creator tools. Some launches pushed… TechCity
Tech City NG -
MTN Nigeria CEO Karl Toriola earned $3.4 million in 2025
MTN Group’s record performance year and a higher share price drove up his bonuses and equity awards. It is Toriola's highest single-year compensation, including bonuses, since 2021, when he became CEO of MTN Nigeria.
TechCabal -
US National Average Gasoline Price Hits $4.18 Per Gallon 
According to multiple reports from late April 2026, the U.S. national average price for regular gasoline hit $4.18 per gallon, marking the highest level since the summer of 2022 when prices peaked around $5/gallon following Russia’s invasion of Ukraine. Around April 28, 2026, AAA data showed the average reaching $4.18. This was described as the […] The post US National Average Gasoline Price Hits $4.18 Per Gallon  appeared first on Tekedia.
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Polymarket in Discussions with Commodity Futures Trading Commission to Accelerate its Return to the U.S 
Polymarket is in discussions with the U.S. Commodity Futures Trading Commission (CFTC) to lift restrictions on U.S. users accessing its main prediction market platform. Polymarket settled with the CFTC for allegedly operating an unregistered derivatives platform offering binary options-like event contracts. It paid a $1.4 million fine and agreed to block U.S.-based customers, moving its […] The post Polymarket in Discussions with Commodity Futures Trading Commission to Accelerate its Return to the U.S  appeared first on Tekedia.
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Robinhood’s Stock Price Drops After Q1 2026 Earnings Report 
Robinhood Markets (HOOD) reported Q1 2026 earnings after the bell on April 28, 2026, and the stock dropped roughly 7-10%+ in after-hours trading with some reports of further weakness into the next session. Total net revenue: $1.07 billion, up 15% YoY but missing consensus ~$1.14 billion. Diluted EPS: $0.38, up 3% YoY but below expectations […] The post Robinhood’s Stock Price Drops After Q1 2026 Earnings Report  appeared first on Tekedia.
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US Spot Bitcoin ETFs Recorded 9-day Streak of Consecutive Inflows around April 14–24.
U.S. spot Bitcoin ETFs recorded approximately $263 million in net outflows, ending a nine-day streak of consecutive inflows that totaled roughly $2.1–2.12 billion from around April 14–24. Fidelity’s FBTC led the redemptions with about $150.4 million outflows. Grayscale’s GBTC: ~$46.6 million out. Ark/21Shares ARKB: ~$43.3 million out. Smaller outflows from VanEck’s HODL and Bitwise’s BITB. […] The post US Spot Bitcoin ETFs Recorded 9-day Streak of Consecutive Inflows around April 14–24. appeared first on Tekedia.
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MicroStrategy Opens Shareholder Vote to Change Dividend Payments on STRC to Semi-Monthly Basis
Strategy formerly MicroStrategy, ticker MSTR, has opened a shareholder vote to change dividend payments on its STRC preferred stock from monthly to semi-monthly. Dividends would shift from once a month to semi-monthly, with no change to the annualized dividend rate reported around 11.5%. The total annual payout obligation stays the same; it’s just split into […] The post MicroStrategy Opens Shareholder Vote to Change Dividend Payments on STRC to Semi-Monthly Basis appeared first on Tekedia.
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Mark Cuban says AI favors those who use it to expand their capabilities, not those who outsource their thinking
Billionaire investor Mark Cuban says artificial intelligence is no longer a distant disruption but an active force reshaping how people learn, work, and compete—one that is already separating workers into two distinct camps. Speaking on the Big Technology Podcast at the Dallas Regional Chamber’s Convergence AI event, Cuban drew a stark distinction between those who […] The post Mark Cuban says AI favors those who use it to expand their capabilities, not those who outsource their thinking appeared first on Tekedia.
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Barclays said OPEC’s exit could accelerate oil supply growth from the UAE
The United Arab Emirates’ decision to exit the Organization of the Petroleum Exporting Countries marks one of the most consequential shifts in years within the producer alliance. Abu Dhabi, OPEC’s fourth-largest producer, will leave the cartel on May 1, effectively freeing itself from production quotas that have long governed output levels under the broader OPEC+ […] The post Barclays said OPEC’s exit could accelerate oil supply growth from the UAE appeared first on Tekedia.
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Implications of Anthropic Revenue Growth Flipping OpenAI
Recent reports highlight a notable shift in the AI race between Anthropic and OpenAI. According to a Wall Street Journal report from late April 2026, OpenAI fell short of several internal goals: It missed its target of 1 billion weekly active users for ChatGPT by the end of 2025. It also missed its yearly revenue […] The post Implications of Anthropic Revenue Growth Flipping OpenAI appeared first on Tekedia.
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Nigeria’s Heat Crisis Is Producing a New Generation of Climate Adaptation Startups
Nigeria is getting dangerously hot, and a growing cohort of founders is building the infrastructure to help the country survive it. More than 60 per cent of Nigeria’s population is regularly exposed to dangerous heatwaves, with cities including Lagos, Kano, and Abuja now recording heat indices above 50 degrees Celsius during peak months. A 2025 […] The post Nigeria’s Heat Crisis Is Producing a New Generation of Climate Adaptation Startups appeared first on Tech In Africa.
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Samsung Electronics delivers a record quarterly profit, but Acknowledges Deepening Chip Shortage as AI Demand Overwhelms Supply
Samsung Electronics has delivered a record quarterly profit, powered by an extraordinary surge in its semiconductor business, amid executives’ warning that the industry is heading into a prolonged supply crunch as artificial intelligence demand accelerates faster than capacity can be built. The South Korean chipmaker reported operating profit of 57.2 trillion won for the first […] The post Samsung Electronics delivers a record quarterly profit, but Acknowledges Deepening Chip Shortage as AI Demand Overwhelms Supply appeared first on Tekedia.
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Gold Prices Surge Nearly 2% as Escalating U.S.-Iran Tensions Revive Safe-Haven Appeal
Gold prices posted a strong rebound on Thursday, rising nearly 2% as fresh concerns over a possible military escalation between the United States and Iran prompted investors to seek safety in the precious metal, while a softer U.S. dollar provided additional technical support. Spot gold climbed 1.9% to $4,630.03 per ounce by 1017 GMT, snapping […] The post Gold Prices Surge Nearly 2% as Escalating U.S.-Iran Tensions Revive Safe-Haven Appeal appeared first on Tekedia.
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YC-backed fintech Grey registers as payment service provider in Canada
The move builds on Grey’s earlier integration with Interac, a Canadian interbank network.
TechCabal -
He survived a misdiagnosis. Then he built an AI platform for clinical decisions.
Monte Sereno is building a a full-stack digital infrastructure designed to sit above and connect every part of the care journey.
TechCabal -
Chams profit rises 188% as cybersecurity revenue triples
While biometrics and card services still anchor revenue, the security and digital infrastructure are emerging as the next phase of expansion. 
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MTN Nigeria profit jumps 165.9% to N355.5bn, flags diesel cost risk
By Boluwatife Oshadiya Key Points Main Story MTN Nigeria has reported a strong financial performance for the first quarter of 2026, posting a profit after tax of N355.5 billion, representing a 165.9 per cent increase year-on-year, despite growing concerns over rising energy costs. In its unaudited financial results released Wednesday, the telecommunications giant warned that […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Vodacom Business Expands Extraordinary Business Advisory Board with 3 New Strategic Appointments
Vodacom Business has announced the appointment of 3 additional executives to its Extraordinary Business Advisory Board, strengthening the company’s commitment to providing enterprise customers with credible insights and guidance on emerging technologies and business solutions. The Extraordinary Business Advisory Board is a strategic initiative launched by Vodacom Business to support digital transformation in the enterprise […]
IT News Africa -
Veeam Appoints Chief Legal Officer for the Data and AI Trust Era
Veeam® Software announced the appointment of Garde, who will lead Veeam’s global legal and compliance function, providing the foundation for trust as the company scales its operational pace and governance priorities in an AI-first world. Garde joins Veeam with over two decades of experience at the intersection of data, security, and transformation. Most recently, as […]
IT News Africa -
 
 
Uber’s super app gamble: travel, AI, and commerce push aims to deepen margins beyond rides
Uber Technologies is widening its scope, rolling out a slate of travel, retail, and artificial intelligence features that signal a deliberate shift from a ride-hailing platform to a multi-service consumer ecosystem, as growth in its core business begins to mature. At its Go-Get event in New York, the company placed less emphasis on autonomous vehicles […] The post Uber’s super app gamble: travel, AI, and commerce push aims to deepen margins beyond rides appeared first on Tekedia.
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How Pinco is Revolutionizing Fast Payout Standards for Canadian Players
The Canadian digital entertainment market has always demanded high standards for financial transaction speed. Players in Toronto, Vancouver, and Montreal are no longer willing to wait three business days for a bank to process their request. The Pinco platform captured this trend and bet on a radical reduction in waiting times. In March 2026, the […] The post How Pinco is Revolutionizing Fast Payout Standards for Canadian Players appeared first on Tekedia.
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Alphabet delivers its fastest growth in years as its subscription base grows to 350 million
Alphabet Inc. delivered a first-quarter earnings report that not only beat expectations but also offered a clearer picture of how deeply artificial intelligence is reshaping its business model, from cloud computing to subscriptions and advertising. The results point to a company benefiting from surging demand for AI services, while simultaneously confronting the physical limits of […] The post Alphabet delivers its fastest growth in years as its subscription base grows to 350 million appeared first on Tekedia.
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TSMC Exits Arm With Strong Gains, Signals Sharpened Focus on Core AI Supply Chain
Taiwan Semiconductor Manufacturing Company has completed its exit from Arm Holdings, crystallizing a sizeable profit while holding its position as a neutral supplier at the center of the global semiconductor ecosystem. Regulatory filings show that TSMC, through its subsidiary TSMC Partners, sold 1.11 million Arm shares between April 28 and 29 at an average price […] The post TSMC Exits Arm With Strong Gains, Signals Sharpened Focus on Core AI Supply Chain appeared first on Tekedia.
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Mercedes-Benz posts profit slide as tariffs, China slowdown, and Middle East war reshape auto margins
Mercedes-Benz has opened 2026 under pressure, reporting a sharper-than-expected drop in profitability as global cost inflation, trade barriers, and weakening Chinese demand converge on Europe’s premium auto sector. The automaker’s first-quarter numbers point to a company managing decline rather than delivering growth, even as it outperformed lowered expectations. Beneath the headline beat lies a more […] The post Mercedes-Benz posts profit slide as tariffs, China slowdown, and Middle East war reshape auto margins appeared first on Tekedia.
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Kaspersky identified a new SilverFox Campaign Targeting Companies in SA
The Kaspersky Global Research & Analysis Team (GReAT) analyzed several new waves of cyberattacks conducted by the SilverFox group, observed since December 2025. The phishing emails were crafted to appear as official tax audit notifications or to prompt recipients to download an archive purportedly containing a “list of tax violations.” By leveraging the perceived authority […]
IT News Africa -
MTN Nigeria says rising fuel costs could wipe $102 million off profits
MTN Nigeria has warned that rising fuel prices could affect its profitability this year, even as the country’s largest telco operator delivers record revenue growth and rebounds from last year’s currency shocks.
TechCabal -
FG pledges tech-driven growth, stronger risk management for resilient economy
Key points Main story The Federal Government has reaffirmed its commitment to leveraging technological innovation and proactive risk management to strengthen Nigeria’s economy and enhance long-term resilience. Secretary to the Government of the Federation (SGF), Sen. George Akume, stated this on Wednesday in Abuja at the opening of the 2026 National Risk Management Conference and […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Lenovo gaming laptops you should consider buying in 2026
This guide covers every Lenovo gaming laptop worth your attention right now
TechCabal -
Telecom operators push for new broadband policy as Nigeria misses NNBP targets
Key points Main story Telecommunications operators in Nigeria are calling for a new national broadband policy framework following the expiration of the National Broadband Plan (NNBP) 2020–2025, which failed to meet several of its core targets. The plan, which ended in December 2025, was designed to deepen broadband penetration and accelerate Nigeria’s digital economy. However, […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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Hisense Announces Phantom Blade Zero Partnership
Hisense recently confirmed its renewed partnership with Phantom Blade Zero, serving as the Global Official Partner across both TV and monitor categories for the upcoming title developed by S-GAME. The companies will bring this partnership to life at Gamescom LATAM 2026, which is Latin America’s largest gaming event, featuring major publisher showcases, indie games, and […]
IT News Africa -
Experts warn that current power infrastructure is insufficient for data centres and emerging digital systems
 Key points Main story Nigeria has been urged to broaden its renewable energy strategy beyond solar power in order to effectively support the rapid growth of its digital economy. The call was made by Ms Darshana Deka, Conference Producer for IoT West Africa, in an interview with the News Agency of Nigeria (NAN) on Thursday […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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