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Technology
U.S. Sanctions Crypto Exchange Shelbit Over Alleged $4bn Iran Sanctions-Evasion Network
The United States on Friday sanctioned Dubai-based cryptocurrency exchange Shelbit, alleging that the unlicensed platform processed millions of dollars in digital assets for Iran’s Islamic Revolutionary Guard Corps and other entities linked to the Iranian state. The Treasury Department’s action follows a Reuters investigation published July 31 that identified Shelbit as a central hub in […] The post U.S. Sanctions Crypto Exchange Shelbit Over Alleged $4bn Iran Sanctions-Evasion Network appeared first on Tekedia.
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Trump Unveils $3bn U.S. Critical-Minerals Push As Washington Moves To Cut China Dependence
Government funding targets battery materials, rare earths and strategic metals as the U.S. seeks to rebuild domestic mining, processing and defense supply chains U.S. President Donald Trump on Friday announced roughly $3 billion in new federal support for critical-minerals and battery projects, accelerating his administration’s effort to expand domestic production of materials considered essential to […] The post Trump Unveils $3bn U.S. Critical-Minerals Push As Washington Moves To Cut China Dependence appeared first on Tekedia.
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Hormuz Toll Proposal Runs Into U.S. Sanctions, Insurance Barriers
A proposal under discussion between Iran and Oman to introduce a system that would give Tehran a role in controlling and potentially charging ships transiting the Strait of Hormuz faces significant legal, sanctions, and insurance obstacles, according to four industry sources familiar with the matter cited by Reuters. The proposal has emerged as one of […] The post Hormuz Toll Proposal Runs Into U.S. Sanctions, Insurance Barriers appeared first on Tekedia.
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OpenAI’s AI Speaker, Reportedly Has A $400 Price Tag
Donut-shaped hardware being developed with Jony Ive’s LoveFrom is expected to combine a premium design with an always-available AI experience OpenAI’s reported device, expected to enter the consumer hardware market with a new artificial intelligence designed to bring ChatGPT into users’ homes, now has a price tag. The company’s first major hardware product, reportedly taking […] The post OpenAI’s AI Speaker, Reportedly Has A $400 Price Tag appeared first on Tekedia.
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China’s Exports Beat Forecasts as AI Boom, High-Tech Demand Cushion Slowing Economy
China’s exports grew faster than expected in July, extending a powerful run of external demand that is helping offset weak domestic consumption and giving the world’s second-largest economy an important source of growth amid persistent trade and geopolitical tensions. Exports rose 23.9% in U.S. dollar terms from a year earlier, official customs data showed on […] The post China’s Exports Beat Forecasts as AI Boom, High-Tech Demand Cushion Slowing Economy appeared first on Tekedia.
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Why the US Treasury Sold Euros Instead of Dollars to Support the Japanese Yen
According to reports, U.S. officials sold euros rather than U.S. dollars to support the Japanese yen during a period of heightened volatility, highlighting the delicate balance between market intervention, monetary policy, and international diplomacy. The move was particularly notable because the European Central Bank (ECB) was reportedly informed only after the transaction had already been […] The post Why the US Treasury Sold Euros Instead of Dollars to Support the Japanese Yen appeared first on Tekedia.
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Silver Surges as Wyoming Backs Hyperliquid, Signaling Growing Appetite for Alternative Assets
Silver recorded an impressive weekly gain of more than 12%, making it one of the strongest-performing major commodities, while the State of Wyoming expanded its exposure to digital assets by purchasing shares of Hyperliquid-related DAT PURR. These events illustrate how investors and institutions are increasingly looking beyond traditional assets in search of growth, diversification, and […] The post Silver Surges as Wyoming Backs Hyperliquid, Signaling Growing Appetite for Alternative Assets appeared first on Tekedia.
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Universal Electronics Sues Amazon Over Patents Covering Echo, Fire TV and Alexa Technologies
UEI seeks damages and an injunction, escalating a broader battle over intellectual property in connected-home technology Universal Electronics Inc. has sued Amazon in a California federal court, accusing the technology and e-commerce giant of infringing five patents covering remote-control technologies used across smart-home devices, streaming products and household appliances. The lawsuit, filed on Thursday, alleges […] The post Universal Electronics Sues Amazon Over Patents Covering Echo, Fire TV and Alexa Technologies appeared first on Tekedia.
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The Bitcoin Red Team Surpasses 1,000 High and Critical Security Bugs in Wallets and Software
The Bitcoin Red Team announced that it has uncovered more than 1,000 high and critical vulnerabilities across Bitcoin wallets, infrastructure, and related software. While the number may appear alarming at first glance, it actually highlights the strength of Bitcoin’s security culture. Rather than exposing systemic weakness, the discovery reflects the relentless efforts of security researchers […] The post The Bitcoin Red Team Surpasses 1,000 High and Critical Security Bugs in Wallets and Software appeared first on Tekedia.
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US Ends Saudi Oil Imports After 40 Years as Senate Delays CLARITY Act Vote
The United States has reached a historic milestone by effectively ending imports of Saudi Arabian crude oil for the first time in more than four decades. The development reflects a profound transformation in America’s energy landscape, driven by the shale revolution, increased domestic production, and a strategic shift toward energy independence. Washington is navigating another […] The post US Ends Saudi Oil Imports After 40 Years as Senate Delays CLARITY Act Vote appeared first on Tekedia.
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US Appeals Court Upholds Sam Bankman-Fried’s Conviction, Marking Another Milestone in Crypto Accountability
A United States appeals court has upheld the conviction of Sam Bankman-Fried (SBF), the former CEO of the collapsed cryptocurrency exchange FTX, reaffirming one of the most significant fraud verdicts in the history of the digital asset industry. The decision represents another major victory for federal prosecutors and reinforces the judiciary’s stance that financial crimes […] The post US Appeals Court Upholds Sam Bankman-Fried’s Conviction, Marking Another Milestone in Crypto Accountability appeared first on Tekedia.
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Fed Signals Possible Rate Hike as Bitcoin Surges Past $65,000
Financial markets are once again at a critical crossroads as the U.S. Federal Reserve signaled that it is prepared to raise interest rates at its next policy meeting if inflation fails to show meaningful signs of slowing. Bitcoin has climbed above the $65,000 mark, demonstrating renewed investor confidence despite the prospect of tighter monetary policy. […] The post Fed Signals Possible Rate Hike as Bitcoin Surges Past $65,000 appeared first on Tekedia.
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Trump Calls Crypto a “Big Deal” – Says Bitcoin Payments Ease Pressure on The Dollar
United States President Donald Trump in a recent comment has stated that cryptocurrency is “a big deal”, noting that the growing everyday use of Bitcoin is taking pressure off the U.S. dollar, describing the trend as beneficial for the country. In an exclusive interview with Punchbowl News published Friday, Trump told a reporter that he […] The post Trump Calls Crypto a “Big Deal” – Says Bitcoin Payments Ease Pressure on The Dollar appeared first on Tekedia.
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Bitcoin Surges Past $65,000 as Bulls Push Higher
Bitcoin extended its upward momentum on Friday, climbing past $65,000 as renewed buying pressure from investors bolstered the market’s bullish outlook. The latest rally comes amid growing optimism across the cryptocurrency market, with traders betting that improving macroeconomic conditions and sustained institutional demand could drive Bitcoin to even higher levels in the near term. The […] The post Bitcoin Surges Past $65,000 as Bulls Push Higher appeared first on Tekedia.
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India Plans New Incentive Scheme for Polysilicon, Deepening Push to Break China’s Solar Supply Chain Dominance
India is preparing a new production-linked incentive scheme to encourage domestic polysilicon manufacturing, taking its industrial policy deeper into the solar supply chain as New Delhi seeks to reduce its dependence on Chinese imports and build an integrated clean-energy manufacturing base. Santosh Kumar Sarangi, secretary at India’s Ministry of New and Renewable Energy, said on […] The post India Plans New Incentive Scheme for Polysilicon, Deepening Push to Break China’s Solar Supply Chain Dominance appeared first on Tekedia.
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Chinese AI Model Kimi K3 Escapes UK Cyber Test Sandbox, Adding to Growing AI Security Concerns
Chinese artificial intelligence startup Moonshot AI’s flagship model, Kimi K3, bypassed a cybersecurity testing environment developed by the UK’s AI Safety Institute, according to U.S.-based research firm Frontier Security, adding to a growing series of incidents in which advanced AI systems have circumvented safeguards designed to contain them. The finding raises fresh concerns about the […] The post Chinese AI Model Kimi K3 Escapes UK Cyber Test Sandbox, Adding to Growing AI Security Concerns appeared first on Tekedia.
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Alibaba Moves to Monetize Open-Source AI With Revenue-Sharing Plan
Qwen strategy signals a broader shift among Chinese AI developers as cheaper open-weight models challenge U.S. rivals and seek to turn widespread adoption into recurring revenue Alibaba Group plans to require major commercial users of the next version of its Qwen open-source AI model to share a portion of the revenue they generate from the […] The post Alibaba Moves to Monetize Open-Source AI With Revenue-Sharing Plan appeared first on Tekedia.
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The Link Between Competence, Humility, and Lifelong Learning
One of the greatest paradoxes of human achievement is that the more knowledgeable and capable a person becomes, the more aware they are of the vast amount they still have to learn. This awareness often creates a persistent feeling of uncertainty, leading many highly competent individuals to question whether they are truly ready for greater […] The post The Link Between Competence, Humility, and Lifelong Learning appeared first on Tekedia.
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Amazon Data Center Overhaul Signals Major AI Infrastructure Shift
Internal Amazon documents have revealed that major changes are coming to one of the company’s largest data center operations, underscoring how rapidly the artificial intelligence boom is reshaping cloud infrastructure. As demand for AI computing accelerates, technology giants are redesigning their facilities to support more powerful processors, higher energy consumption, and advanced cooling systems. The […] The post Amazon Data Center Overhaul Signals Major AI Infrastructure Shift appeared first on Tekedia.
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Young South Korean Investors Find Solidarity in Sharing Financial Losses Online
South Korea’s young investors are increasingly turning to social media not to celebrate investment success, but to openly share their financial losses. In a country known for its highly connected digital culture and enthusiastic retail investing, platforms such as X, Instagram, YouTube, and local online communities have become spaces where people post screenshots of shrinking […] The post Young South Korean Investors Find Solidarity in Sharing Financial Losses Online appeared first on Tekedia.
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Nvidia Quietly Builds AI Safety Team as It Doubles Down on Open Models
Nvidia is quietly expanding its commitment to artificial intelligence safety by assembling a dedicated AI safety team while simultaneously accelerating its investment in open AI models. The move reflects a growing recognition across the technology industry that the future of AI will depend not only on more powerful models but also on ensuring they are […] The post Nvidia Quietly Builds AI Safety Team as It Doubles Down on Open Models appeared first on Tekedia.
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UK AI Security Institute Reveals Deceptive Behavior in Advanced AI Models
A recent revelation from the United Kingdom’s government-backed AI Security Institute (AISI) has highlighted why these concerns are becoming more urgent. According to the institute, advanced AI models developed by OpenAI and Anthropic took unauthorized actions while interacting with the live internet during cybersecurity evaluations conducted in late July. Although the models were granted internet […] The post UK AI Security Institute Reveals Deceptive Behavior in Advanced AI Models appeared first on Tekedia.
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Wall Street’s Hottest Tax Strategy Is Attracting Billionaires and Tech Founders
As wealth continues to accumulate at unprecedented levels, investors are increasingly seeking strategies that preserve returns while minimizing tax obligations. One of the most influential innovations in this area has come from billionaire investor Cliff Asness and his team at AQR Capital Management. Their work has reshaped a long-standing tax management technique into a far […] The post Wall Street’s Hottest Tax Strategy Is Attracting Billionaires and Tech Founders appeared first on Tekedia.
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LemonLime’s Recruitment Stunt Raises Questions About Workplace Ethics
AI startup LemonLime has come under intense public scrutiny after launching a controversial recruitment campaign that promised job interviews to applicants willing to get the company’s logo tattooed on their bodies. What was intended as a bold marketing stunt quickly ignited widespread criticism across social media, forcing the company to issue a public apology and […] The post LemonLime’s Recruitment Stunt Raises Questions About Workplace Ethics appeared first on Tekedia.
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Why great banking apps no longer win customers
For many years, digital banking was defined by one question: does your bank have an app? Today, that question has largely been answered. Every major South African bank offers a capable mobile banking platform, digital payments, self-service functionality and online onboarding. Digital access has become an expectation rather than a differentiator. What increasingly separates market […]
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Gabon Pushes Back KIMBA Connect Grand Finale After Startups Flag Organisational Gaps
Gabon’s Ministry of Digital Economy, Digitalisation and Innovation has delayed the closing event of KIMBA Connect’s debut edition, after participating startups raised concerns about how the programme was run. In a statement, the ministry acknowledged the pushback from startups and thanked everyone who took part for their engagement with the initiative, which it has positioned […] The post Gabon Pushes Back KIMBA Connect Grand Finale After Startups Flag Organisational Gaps appeared first on Tech In Africa.
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Climate Fund Managers Closes $183M for South Africa’s Green Hydrogen Push
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IHS exits Latin America as MTN takeover moves closer
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How Pause Point on Android 17 works and why it matters
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Naira-backed stablecoin cNGN launches on Celo network to make cross-border payments easier
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How to Bypass Google Account Verification After Reset
Google takes user security very seriously. To protect Android devices from unauthorized access, Google introduced a security feature called Factory Reset Protection (FRP). When an Android device performs a factory reset, the system may require users to complete Google account verification before they can access the device again. This means users need to sign in […]
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South Africa is betting on WhatsApp to bring Gen Z back to the ballot box
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Industrial AI has a context problem – and it’s time to solve it
For much of the past decade, industrial companies have been dutifully collecting data – almost as if it were a badge of honour. More data leads to better decisions – or so the thinking went. The scale is staggering: nearly 40 billion connected IoT devices are expected by 2030, alongside a global industrial IoT market […]
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What to expect from Google Pixel Watch 5
Table of contents Has Google announced the Pixel Watch 5? When will the Pixel Watch 5 release? How much will the Pixel Watch 5 cost? What are the expected specs of the Pixel Watch 5? Pixel Watch 5 vs Pixel Watch 4 What we still don’t know Google’s Pixel Watch 5 is close. Regulatory filings, […]
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Binance, Luno, Yellow Card, others seek Kenyan crypto licences under new rules
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The Tanzanian brothers who turned a childhood water problem into a company
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