Intel has begun using ASML’s next-generation High Numerical Aperture (High NA) extreme ultraviolet (EUV) lithography system to manufacture parts of its flagship Panther Lake laptop processors, marking one of the first commercial deployments of the industry’s most advanced chipmaking equipment. The decision, which marks an important milestone in the evolution of semiconductor manufacturing, signals Intel’s […] The post Intel Deploys ASML’s Next-Generation High NA Chipmaking Tool For Panther Lake appeared first on Tekedia.

CNBC’s Jim Cramer says IBM’s disappointing second-quarter preannouncement reflects a broader shift underway in enterprise technology spending, noting that the company is increasingly finding itself on the wrong side of the artificial intelligence investment boom. IBM shares plunged about 25% after the company unexpectedly warned that second-quarter revenue, earnings, and software growth would fall short […] The post IBM Stock Not A Buy, Jim Cramer Says After Shocking 25% Stock Plunge appeared first on Tekedia.

IBM has delivered one of the clearest warnings yet that the artificial intelligence investment boom is reshaping corporate technology spending, saying customers are diverting billions of dollars from software projects to secure scarce AI infrastructure. The warning sent its shares tumbling and rattled the broader software sector. The technology giant said it had “faltered” in […] The post IBM Warns AI Infrastructure Spending Is Squeezing Software Budgets, Triggering Historic Stock Plunge And Raising Fresh Concerns For Enterprise Tech appeared first on Tekedia.

Oil prices edged higher in volatile trading on Wednesday after the United States launched another wave of military strikes against Iran and reinstated a naval blockade of Iranian ports, reigniting concerns over crude supplies from the Middle East. U.S. West Texas Intermediate crude for August delivery rose 0.45% to $79.70 a barrel, while Brent crude […] The post Oil Climbs as U.S. Escalates Iran Strikes, Dollar Steadies, Gold Falls, and Treasury Yields Drop After Soft Inflation Data appeared first on Tekedia.

SBI Funds Management’s $1.03 billion initial public offering (IPO) was fully subscribed on the second day of bidding on Wednesday, indicating strong investor confidence in India’s largest asset manager and growing optimism about the country’s rapidly expanding mutual fund industry. The IPO, which values the company at about 1.17 trillion rupees ($13.6 billion), or roughly […] The post SBI Funds’ IPO Fully Subscribed as Investors Bet on India’s Expanding Mutual Fund Market appeared first on Tekedia.

Great FUTOites, Please join me in congratulating and welcoming our new Vice Chancellor, Professor Ikechukwu N. S. Dozie, as he assumes the responsibility of leading our great institution to even greater heights. Our immediate past Vice Chancellor, the distinguished Professor Nnenna Oti, elevated service, leadership, and institutional excellence to an enviable level, earning FUTO widespread […] The post Welcome Ikechukwu N. S. Dozie, New VC of FUTO appeared first on Tekedia.

Stripe and private equity giant Advent International have made a joint offer to acquire PayPal Holdings for $60.50 per share, valuing the pioneering digital payments company at more than $53 billion in what would rank among the largest financial technology acquisitions on record. According to sources cited by Reuters, the proposal was submitted earlier this […] The post Stripe and Advent Make $53bn Bid For Paypal In Blockbuster Fintech Deal as Payments Industry Enters New Consolidation Phase. appeared first on Tekedia.

Wall Street’s largest banks delivered another quarter of exceptional earnings, powered by a resurgence in investment banking, record trading activity and blockbuster capital markets deals, underscoring how the artificial intelligence investment boom and elevated market volatility have become the industry’s biggest profit engines. Second-quarter results from JPMorgan Chase, Bank of America, Goldman Sachs, Citigroup and […] The post Wall Street Banks Ride Record Massive Deals and Trading Boom, But Executives Warn Risks Are Building Beneath Markets appeared first on Tekedia.

World equity markets traded cautiously on Wednesday as renewed enthusiasm for artificial intelligence-related stocks, sparked by stronger-than-expected results from Dutch chip equipment giant ASML, offset rising geopolitical tensions after fresh hostilities involving Iran pushed oil prices higher. The mixed performance highlighted the competing forces driving global markets: optimism over AI-driven corporate earnings and technology investment […] The post World Stocks Steady As AI Rally Offsets Oil Shock; ASML Lifts Chip Sector While Markets Weigh Fed Outlook And Middle East Risks appeared first on Tekedia.

Circle Internet Group is facing a fresh wave of skepticism from Wall Street as analysts increasingly question whether the stablecoin issuer can maintain its competitive advantage in a rapidly evolving digital payments market. The latest blow came from investment bank Mizuho, which downgraded Circle’s stock to underperform and slashed its price target from $85 to […] The post Why Visa, Mastercard, and Coinbase Are Backing Open USD appeared first on Tekedia.

Bitcoin has climbed back above the key $65,000 level, drawing fresh attention from traders and crypto enthusiasts. The crypto asset continued its recovery on Wednesday, trading around $65,551 after gaining more than 4% in the previous session. Recent trading data shows the surge followed a period of consolidation in the low-to-mid $60,000 range earlier in […] The post Bitcoin Surges Past $65,000: Is The Bull Run Back on? appeared first on Tekedia.

Introduction Online sports betting and live casino gaming are thrilling, but platform safety must always be your top priority. Goldenbet stands out as an industry leader by combining strict licensing, advanced encryption, and guaranteed payouts to deliver a highly secure betting environment. Key Takeaways Verified Licensing: Legal protection through international gaming authorities. Data Protection: Advanced […] The post Why Goldenbet Is The Best Platform For Secure Betting appeared first on Tekedia.

Liquid Intelligent Technologies, a business of Cassava Technologies, has appointed Bernard Beya as Chief Executive Officer for its operations in the Democratic Republic of Congo (DRC), effective 1 April 2026. Cassava Technologies operates in more than 40 markets across Africa, the Middle East and Latin America. Through Liquid Intelligent Technologies, the group has built one […]

African SaaS Leader Becomes Seamless Technologies, Unveils AI and Financial Solutions SeamlessHR, a leading African HR technology company, today announced its evolution into Seamless Technologies, a strategic transition driven… TechCity

Artificial Intelligence (AI) is no longer a futuristic concept; it is rapidly becoming the backbone of modern business and society. Yet the conversation cannot stop at ChatGPT and other chat-based tools. The next wave of innovation lies in agentic AI and fully integrated applications, systems capable of autonomous decision-making and seamless orchestration across industries. For […]

Deepfakes have moved past being a novelty — they’re now a hidden danger in everything from social posts to phone calls. Surfshark’s study reveals that to this day, people have lost at least $3.7B to deepfake fraud. An investigation into the origins of these scams reveals social media is the leading threat, accounting for 47% […]

South African organisations are facing a growing cybersecurity challenge at a time when artificial intelligence (AI) is accelerating technological change across every sector of the economy. The country was already one of the most targeted cyber environments in Africa before the latest advances in AI. According to industry research, local organisations experienced a sharp increase […]