European Union leaders convened in Brussels on Thursday to grapple with a growing consensus that the bloc’s lopsided trade relationship with China has become unsustainable, weighing tougher defensive measures against the risks of further escalation with the world’s second-largest economy. Diplomats described a gradual alignment among the 27 member states on the problem: a daily […] The post EU Leaders Confront Deepening Trade Imbalance with China as Critical Minerals and Market Access Emerge as Flashpoints appeared first on Tekedia.

Artificial intelligence infrastructure startup Baseten is close to securing a major funding round that would value the company at $13 billion, highlighting the growing investor appetite for businesses powering the next phase of AI adoption. The San Francisco-based AI inference company is reportedly finalizing a $1.5 billion financing round, according to The Wall Street Journal. […] The post Baseten Nears $1.5bn Funding Round as AI Inference Race Sends Valuation Soaring to $13bn appeared first on Tekedia.

In the United States, the adoption of artificial intelligence has hit a record pace, but has failed to translate into greater public confidence in the technology. A new survey from the Pew Research Center reveals that while nearly half of U.S. adults now use chatbots, only a small minority believe the technology will ultimately benefit […] The post AI Adoption Has Surged 49% In The U.S., But Only 16% Of Americans Think AI Will Benefit Society appeared first on Tekedia.

Strategy Executive Chairman Michael Saylor remains unwavering in his conviction about Bitcoin’s long-term value as the world’s largest cryptocurrency faces renewed selling pressure and sharp price declines. Amid heightened market volatility that has rattled investors and triggered concerns about Bitcoin’s near-term trajectory, Saylor in a post on X, issued a confident message, insisting that “Bitcoin […] The post “Bitcoin Keeps Working”: Strategy CEO Michael Saylor Issues Strong Message Amid Market Volatility appeared first on Tekedia.

The White House and Anthropic are working to establish what could become one of the first formal frameworks for evaluating security vulnerabilities in advanced artificial intelligence models, following a high-profile dispute that led the U.S. government to effectively force the withdrawal of Anthropic’s most powerful systems from the market. According to U.S. officials familiar with […] The post White House, Anthropic Move Toward AI Safety Rulebook After Clash Over Powerful New Models appeared first on Tekedia.

The Nigerian Exchange (NGX) is set to introduce a major change to its pricing methodology that could reshape how share prices move on the local bourse, with new minimum trading volume thresholds required before stock prices can change. The reform, confirmed in the Exchange’s updated Rulebook and corroborated by multiple market operators, is aimed at […] The post NGX Overhauls Price Movement Rules to Curb Market Distortions, Boost Liquidity in Premium Stocks appeared first on Tekedia.

Bengaluru-based diversified real estate and investment firm RMZ is preparing a massive expansion into data centers, targeting 2-3 gigawatts of capacity over the next five years as part of a broader $35 billion investment drive aimed at capitalizing on India’s surging demand for AI and cloud computing infrastructure. The company, which currently operates 250 megawatts, […] The post RMZ Sets $35bn Investment Drive to Become Major Player in India’s Booming Data Center and AI Infrastructure Market appeared first on Tekedia.

While Tencent consistently delivered outsized returns, many of Prosus's businesses remained focused on growth rather than profitability.

Prediction markets started as a niche curiosity. Today, they are attracting traders, investors and businesses interested in a simple question: can markets forecast the future better than experts? Wall Street has spent decades trying to predict the future. Economists publish forecasts, analysts build models, and investors pore over data looking for an edge. Prediction markets […] The post Prediction Market Apps and the Future of Data-Driven Finance appeared first on Tekedia.

This guide covers the expected launch date, pricing, key features and upgrades, and how the device compares with the Galaxy Watch 8.

PawaPay, a UK-based fintech that provides mobile payments solutions to African businesses, has recorded a landmark 3 billion successful mobile money transactions, underscoring the rapid acceleration of digital payments across Africa. The payment company disclosed that while the first billion transactions took four years to achieve, the second billion was processed in less than 12 […] The post PawaPay Hits 3 Billion Successful Mobile Money Transactions appeared first on Tekedia.

The rapid advancement of artificial intelligence has sparked both excitement and concern among governments, technology companies, and the public. As AI systems become increasingly powerful, questions surrounding safety, security, and regulation have moved to the forefront of policy discussions. Recent developments involving the AI model Fable 5 and comments from Anthropic’s CEO illustrate how seriously […] The post Fable 5 Re-Release Delayed by White House Security Requirements appeared first on Tekedia.

The reported plan by CME Group to sue the U.S. Commodity Futures Trading Commission (CFTC) over the regulation of perpetual futures marks a significant escalation in the long-running tension between traditional derivatives exchanges and emerging crypto-native financial products. At the center of the dispute is a fundamental question: whether perpetual futures—contracts with no expiration date, […] The post The Future of Leverage Trading: CME, CFTC, and Perpetual Contracts appeared first on Tekedia.

The reported policy shift in France to phase out securities that do not meet quantum encryption standards marks a significant escalation in the intersection of national security, financial regulation, and cryptographic modernization. Framed against rising concerns about the long-term integrity of digital assets and financial infrastructure—particularly in relation to vulnerabilities exposed by advances in computing—this […] The post Why France Wants to Phase Out Non-Quantum-Secure Financial Assets appeared first on Tekedia.

This year's cohort arrives amid growing debate over whether Africa can turn AI adoption into sustainable, venture-scale businesses.  

Apple is preparing investors and consumers for an uncomfortable reality: the era of absorbing rising component costs may be coming to an end. In an interview with The Wall Street Journal, Chief Executive Tim Cook indicated that soaring memory prices are forcing the company to consider passing higher costs on to customers. While he stopped […] The post Apple CEO Says Memory Costs Surge Has Made Device Price Hike Inevitable appeared first on Tekedia.

Rising fuel prices triggered by the Iran war are giving fresh momentum to electric vehicle adoption across Europe, with industry data showing sharp increases in both new registrations and used-car interest even as some executives caution that the surge could prove temporary if energy costs ease. New EV registrations jumped 34% year-on-year in May across […] The post Again, Iran War Fuel Shock Boosts Europe’s Shift to EVs as New and Used Demand Surges appeared first on Tekedia.

Federal regulators on Thursday took a major step to ease the strain on America’s creaking electric transmission system, unanimously approving measures that will allow large energy users, particularly power-hungry artificial intelligence data centers, to connect to the grid more quickly. The Federal Energy Regulatory Commission (FERC) directed utilities and grid operators to prioritize timely and […] The post FERC Fast-Tracks Grid Access for AI Data Centers as Surging Power Demand Tests U.S. Energy Infrastructure appeared first on Tekedia.

The artificial intelligence boom that has propelled a handful of companies to trillion-dollar valuations may be heading toward a harsh financial reality, according to Yann LeCun, founder of AMI Labs and one of the most influential figures in modern AI research. In a fresh broadside against Elon Musk and his artificial intelligence venture xAI, LeCun […] The post Meta’s LeCun Calls Musk’s xAI, “a Failure”, Warns of Industry ‘Bubble Explosion’ appeared first on Tekedia.

MarkHack 5.0 Explores AI, Culture at the Center of Marketing and Innovation in Nigeria MarkHack 5.0 delivered a defining moment for Africa’s marketing, media, and technology ecosystem, convening an elite cross-section of… TechCity

A poker budget works only when it is attached to a format. Cash tables and tournaments both use cards, chips, blinds, and pressure, yet they ask different things from the same set-aside amount. A cash table gives the player more control over session length. A tournament gives a clearer entry point, then adds time, patience, […] The post Cash Tables vs Poker Tournaments Need Different Budget Rules appeared first on Tekedia.

Father’s Day is around the corner. It is a time to celebrate, honor, and appreciate the contributions, support, love, and sacrifices of fathers and father figures in your life. In today’s fast-paced digital world, fathers are embracing tech not just as a necessity but as a lifestyle. Whether it’s staying in touch with family via […]

As South Africa observes Youth Month, attention turns to the role young people play in shaping the country’s future, alongside growing conversations about their safety, wellbeing, and development in digital spaces. Meta is taking a wider approach to teen online safety, aiming to create more supportive, age-appropriate across its platforms. The goal is to build […]

For many businesses, managing corporate travel is no longer just about booking trips. It is increasingly about coordinating a growing number of moving parts. Travel now cuts across multiple teams, suppliers and systems from flights and accommodation to approvals, payments and reporting, all under increasing pressure to manage spend more closely. What was once handled […]

As artificial intelligence adoption accelerates worldwide, a South African-founded startup is seeking to make AI infrastructure more affordable, accessible, and sustainable. Supascale AI has officially launched its cloud AI marketplace, a platform that enables businesses, developers, and creators to access leading AI models at significantly lower costs while allowing GPU owners to monetize unused computing […]

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.

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 […]