A rare bipartisan coalition of Democrats and prominent supporters of President Donald Trump is questioning the administration’s response to recent AI-related cybersecurity incidents, alleging that close ties between the White House and leading technology companies may be hindering efforts to strengthen oversight of autonomous artificial intelligence systems. The criticism follows disclosures by OpenAI and Anthropic […] The post Bipartisan Lawmakers Allege Trump’s Ties to Silicon Valley Undermine White House’s AI Oversight, After OpenAI, Anthropic Cyber Incidents appeared first on Tekedia.

Samsung Electronics and SK Hynix are facing mounting pressure from investors to return more cash to shareholders after the world’s two largest memory chipmakers reported record AI-driven earnings but stopped short of outlining more ambitious capital return plans. The companies are generating cash at an unprecedented pace as global demand for high-bandwidth memory (HBM) and […] The post Investors Demand Larger Buybacks And Dividends From Samsung, SK Hynix After AI Profits Swell Cash Reserves appeared first on Tekedia.

Economists expect slower but still robust export growth, with investors watching whether external demand can offset weakness in the domestic economy China’s export growth likely moderated in July after posting its strongest increase in months in June, although overseas shipments are expected to remain exceptionally strong as booming global demand for artificial intelligence-related products and […] The post China’s Export Growth Seen Easing in July as AI Demand and Tariff Frontloading Continue to Support Trade appeared first on Tekedia.

European equities hit fresh records while investors look past technology volatility and await key U.S. jobs data for clues on Federal Reserve policy Global equity markets regained momentum on Thursday, with European stocks climbing to fresh record highs as stronger-than-expected corporate earnings and renewed optimism about artificial intelligence-driven growth outweighed concerns over a volatile technology […] The post Global Stocks Rebound to Record Highs as Earnings Optimism Offsets AI Jitters, Iran Diplomatic Hopes Ease Oil Concerns appeared first on Tekedia.

Sensitive electrical loads need stable voltage, clean power, and enough backup time to operate safely during interruptions. Equipment such as automation panels, control systems, medical devices, servers, and communication units can malfunction when power dips, surges or shuts down suddenly. Even a short disturbance can affect performance, damage components or stop critical processes. So, why […]

The World Bank has noted that Artificial intelligence (AI) could enable developing countries to accomplish in just a decade what might otherwise take a century. According to the World Development Report 2026: The Promise of Artificial Intelligence released by the World Bank Group, it found that jobs in high-income countries are more than three times […] The post AI Could Help Developing Countries Achieve A Century of Progress in A Decade – World Bank Says appeared first on Tekedia.

Peloton Interactive delivered its first full year of net profit and operating income in fiscal 2026, marking a major turnaround for the connected fitness company after years of losses. However, the company warned that revenue is expected to decline in fiscal 2027 as it laps previous price increases on its hardware and subscription plans and […] The post Peloton Posts First Annual Profit but Forecasts Weaker Sales as Growth Challenges Persist appeared first on Tekedia.

The cryptocurrency market is undergoing one of its most significant structural transformations since Bitcoin first entered the mainstream. Fresh data from leading crypto market maker Wintermute reveals that institutional investors now account for a record 72% of spot trading volume on its over-the-counter (OTC) desk during the first half of 2026, a sharp increase from […] The post Institutions Now Dominate Crypto Trading as Market Structure Continues to Mature appeared first on Tekedia.

Siemens raised its full-year earnings guidance on Thursday after reporting a record quarterly industrial profit, as surging global investment in artificial intelligence infrastructure fueled strong demand for its automation software, smart factory technologies and data center equipment. The German engineering and industrial technology group said the AI investment cycle is becoming an increasingly powerful growth […] The post Siemens Lifts Full-Year Outlook After Record Industrial Profit As AI Infrastructure Boom Drives Orders appeared first on Tekedia.

Bitwise Chief Investment Officer Matt Hougan in a recent statement has noted that the cryptocurrency industry will continue to make progress even if the Clarity Act does not pass Congress this week. In a statement captured by Cointelegraph, Hougan pointed to two main reasons for his confidence, which is the readiness of SEC Chair Paul […] The post Crypto Will Keep Advancing Even If Clarity Act Fails – Bitwise CIO Says appeared first on Tekedia.

Block Inc. raised its full-year gross profit forecast after delivering better-than-expected second-quarter results, underscoring the resilience of digital payments and the growing contribution of Cash App as the company continues to expand beyond peer-to-peer transfers into a broader financial services platform. The fintech company now expects gross profit of $12.51 billion in 2026, representing 21% […] The post Block Raises 2026 Profit Outlook as Cash App Powers Growth, AI Efficiency Boosts Margins, Beating Estimates appeared first on Tekedia.

Nigeria has introduced stricter rules governing virtual-asset transactions, requiring crypto operators and users to obtain Tax Identification Numbers or face significant fines and possible imprisonment. In a circular published by the Nigeria Revenue Service (NRS), it provided a clear administrative framework for the taxation of virtual assets in Nigeria. The NRS set out the applicable […] The post Nigeria Mandates Tax IDs For Crypto Operators to Curb Tax Evasion appeared first on Tekedia.

Moment, a payments infrastructure company serving enterprise merchants across Africa, has closed a $22 million Series A round to scale its collections and billing platform. AlphaCode Venture Partners led the round, joined by returning backers General Catalyst and MultiChoice, plus a first-time check from French media group Canal+. The raise pushes Moment’s total funding to […] The post Cape Town Payments Startup Moment Lands $22 Million Series A With Canal+ Joining the Cap Table appeared first on Tech In Africa.

Palantir Technologies stunned Wall Street with a dramatic 30% share price this week, marking its strongest single-day performance in nearly two years and delivering a painful setback to investors betting against the company. The surge came after the software and artificial intelligence firm reported stronger-than-expected quarterly earnings and raised its full-year guidance, reigniting investor enthusiasm […] The post Palantir’s 30% Surge Delivers Crushing Blow to Short Sellers appeared first on Tekedia.

Global consumer electronics brand TCL has opened the doors to its first TCL Experience Store in South Africa, bringing the brand’s latest innovations under one roof at Cedar Square in Fourways, Johannesburg. The new store marks a significant step in TCL’s growth strategy for the South African market and is designed to change the way […]

Clea, the stablecoin-powered cross-border payments platform helping African businesses trade globally, has launched Vendor Payments, a new capability that enables businesses to simplify payments to international suppliers, auction platforms and shipping companies directly through the platform. Clea surpassed $20 million in transaction volume within six months of emerging from stealth in December 2025, reflecting growing […]

Fresh on-chain activity has once again placed Strategy under the spotlight after blockchain analytics platform Lookonchain flagged a wallet linked to the company moving 1,030 Bitcoin, valued at approximately $66.14 million. While there is no confirmation that the transfer represents another sale, the timing has fueled speculation across the cryptocurrency market, especially after Strategy recently […] The post Strategy Moves Another 1,030 BTC as Investors Watch for More Bitcoin Sales appeared first on Tekedia.

How can young people build a career in a world that keeps changing the rules? It’s a fair question, and one that’s being asked by matriculants and students across the country. It’s also the right question: not what should I study, but how do I find a way of studying that ensures I am keeping […]

Chipmaker introduces 400-layer BV-NAND prototype and next-generation zHBM architecture as AI drives demand for faster, denser and more energy-efficient memory Samsung Electronics on Tuesday unveiled a new generation of artificial intelligence memory technologies, including a prototype flash memory chip with more than 400 layers and a new three-dimensional memory architecture, as the world’s largest memory […] The post Samsung Unveils Next-Generation AI Memory Technologies to Strengthen Lead in Booming Semiconductor Market appeared first on Tekedia.

Prediction market platform Polymarket is reportedly seeking to raise approximately $1 billion in a new funding round that could value the company at more than $20 billion, underscoring the remarkable growth of decentralized forecasting platforms. The fundraising effort comes as prediction markets continue to gain traction among retail users, institutional investors, and policymakers who increasingly […] The post Polymarket Seeks $1 Billion in Funding at a Valuation Above $20 Billion appeared first on Tekedia.

Table of contents When is the Google Pixel 11 Pro Fold coming out? Google Pixel 11 Pro Fold detailed specs How much will the Google Pixel 11 Pro Fold cost? What colours does the Google Pixel 11 Pro Fold come in? Where can you buy the Google Pixel 11 Pro Fold? Google will announce the […]

Table of contents When will the Google Pixel 11 Pro XL be released? Google Pixel 11 Pro XL detailed specs How much will the Google Pixel 11 Pro XL cost? What colours does the Google Pixel 11 Pro XL come in? Where can you buy the Google Pixel 11 Pro XL? Google has officially confirmed […]

Best Video Calling App in 2026: The Top Apps Compared for Work, School, and Family Video calling has become as common as sending a text message. Whether you’re attending online classes, working remotely,… TechCity

Kwara AI Summit 2025 Concludes Successfully, Establishing Kwara as a Rising Hub for Artificial Intelligence in Africa The inaugural Kwara AI Summit 2025 concluded successfully after two impactful days of innovation, collaboration, and forward-looking conversations,… TechCity

Lagos-born mobility company Moove has crossed into unicorn territory, closing a $250 million Series C round that values the company at $2.1 billion. It is the largest single funding round raised by an African startup so far in 2026. Mubadala Investment Company led the round, with Woven Capital (Toyota’s growth fund) and Ion Pacific co-leading. […] The post Moove Becomes Africa’s Newest Unicorn After $250M Series C appeared first on Tech In Africa.