Naija News Feed
Technology
Amazon’s Zoox Wins U.S. Approval to Launch Paid Robotaxi Service
Amazon-owned autonomous vehicle company Zoox has secured a major regulatory breakthrough after U.S. safety regulators granted it a temporary exemption that allows the company to begin charging passengers for rides in its purpose-built robotaxis, moving the self-driving startup significantly closer to large-scale commercial deployment. The exemption, announced on Thursday by the National Highway Traffic Safety […] The post Amazon’s Zoox Wins U.S. Approval to Launch Paid Robotaxi Service appeared first on Tekedia.
Tekedia -
Bank of England Holds Interest Rates at 3.75% But Signals Growing Concern Over Inflation Risks
The Bank of England kept its benchmark interest rate unchanged on Thursday, as expected, but the emergence of a third policymaker calling for higher borrowing costs signaled that concern over inflationary pressures is gaining traction within the central bank. The Monetary Policy Committee (MPC) voted 6-3 to leave the Bank Rate at 3.75%, with policymakers […] The post Bank of England Holds Interest Rates at 3.75% But Signals Growing Concern Over Inflation Risks appeared first on Tekedia.
Tekedia -
Bitcoin Defies Wall Street Selloff as Investors Test Crypto’s Safe-Haven Narrative
Global financial markets witnessed an unusual divergence as Wall Street suffered its worst single-day decline since April 2025 while Bitcoin continued climbing toward the $64,700 mark. At the same time, the total cryptocurrency market capitalization increased by approximately 0.65%, signaling resilience in digital assets even as traditional equities struggled under mounting pressure. The contrasting performance […] The post Bitcoin Defies Wall Street Selloff as Investors Test Crypto’s Safe-Haven Narrative appeared first on Tekedia.
Tekedia -
Iran War Exposes GCC Security Risks as Europe Pursues Defense Independence
The Middle East and Europe are confronting two interconnected security realities that are reshaping global geopolitics. The recent Iran war and the tensions that preceded it have reinforced the vulnerability of the Gulf Cooperation Council states. While Europe is reassessing its long-standing dependence on the United States for defense. These developments highlight a world in which […] The post Iran War Exposes GCC Security Risks as Europe Pursues Defense Independence appeared first on Tekedia.
Tekedia -
Ukraine’s Drone Campaign and the Geopolitical Shift in Global Security
Ukraine’s expanding drone campaign against Russia, the continuing security challenges in the Red Sea, and Turkey’s prolonged dispute over its Russian-made S-400 air defence system illustrate how military decisions increasingly shape international diplomacy and the global balance of power. Although these issues involve different regions and actors, they reflect a common reality: modern conflicts are […] The post Ukraine’s Drone Campaign and the Geopolitical Shift in Global Security appeared first on Tekedia.
Tekedia -
Qualcomm Beats Revenue Estimates But Issues Cautious Outlook As Supply Costs Squeeze Margins
Qualcomm delivered fiscal third-quarter revenue that topped Wall Street expectations but issued weaker-than-expected earnings guidance for the current quarter, citing persistent supply chain pressures and rising component costs, sending the chipmaker’s shares lower in after-hours trading. Semiconductor companies have been facing challenges as surging demand for AI infrastructure, memory and advanced packaging continues to drive […] The post Qualcomm Beats Revenue Estimates But Issues Cautious Outlook As Supply Costs Squeeze Margins appeared first on Tekedia.
Tekedia -
BMW to Cut Up to 8,000 Jobs in Germany as Weak China Demand, EV Transition Pressure Profits
BMW will eliminate several thousand jobs in Germany by the end of 2027 through a voluntary redundancy programme, becoming the latest major European automaker to deepen cost-cutting measures as slowing demand, intense competition and rising structural costs reshape the global automotive industry. The restructuring, agreed with the company’s works council, will focus on administrative and […] The post BMW to Cut Up to 8,000 Jobs in Germany as Weak China Demand, EV Transition Pressure Profits appeared first on Tekedia.
Tekedia -
Robinhood Chain Growth Signals a New Era for EVM Blockchain Adoption
Robinhood is rapidly evolving from a retail investing platform into a full-fledged blockchain ecosystem, and the latest developments surrounding Robinhood Chain underscore just how quickly that transformation is unfolding. Within days of major ecosystem activity, Robinhood Chain became the fastest Ethereum Virtual Machine (EVM)-compatible network to surpass 100 million transactions. Robinhood CEO Vlad Tenev introduced […] The post Robinhood Chain Growth Signals a New Era for EVM Blockchain Adoption appeared first on Tekedia.
Tekedia -
Meta Shares Tumble As AI Spending Crushes Cash Flow And Weak Outlook Overshadows Revenue Beat
Meta Platforms’ shares fell nearly 10% in extended trading on Wednesday after the social media giant issued weaker-than-expected revenue guidance and revealed that its aggressive artificial intelligence spending sharply eroded free cash flow, reinforcing investor concerns over the mounting cost of the industry’s AI arms race. Although Meta exceeded Wall Street’s revenue expectations for the […] The post Meta Shares Tumble As AI Spending Crushes Cash Flow And Weak Outlook Overshadows Revenue Beat appeared first on Tekedia.
Tekedia -
Jim Cramer Says Wall Street Is Repeating the Dot-Com Playbook
Wall Street appears to be entering a new phase of market leadership, with investors increasingly shifting away from the high-flying artificial intelligence stocks that have dominated headlines over the past year. According to CNBC host Jim Cramer, the market is showing signs of a broad rotation into defensive, stable companies such as Coca-Cola and Walmart, […] The post Jim Cramer Says Wall Street Is Repeating the Dot-Com Playbook appeared first on Tekedia.
Tekedia -
Apple’s $5 Trillion Milestone Signals a New Era for Big Tech and AI
Before the emergence of artificial intelligence as the defining investment theme of the decade, Apple stood as the undisputed king of global equity markets. Although chipmaker Nvidia briefly claimed the top spot during the AI boom, Apple has once again reclaimed its crown, becoming the world’s most valuable publicly traded company and only the second […] The post Apple’s $5 Trillion Milestone Signals a New Era for Big Tech and AI appeared first on Tekedia.
Tekedia -
Microsoft Fourth Quarter Results Beat Estimates As Azure Growth Accelerates, AI Business Tops $100bn
Microsoft delivered stronger-than-expected fiscal fourth-quarter results on Wednesday, driven by accelerating growth in its Azure cloud business and continued demand for artificial intelligence services. The results sent the software giant’s shares higher in after-hours trading and bolstered investor confidence that its massive AI investments are beginning to generate meaningful returns. Shares of Microsoft rose about […] The post Microsoft Fourth Quarter Results Beat Estimates As Azure Growth Accelerates, AI Business Tops $100bn appeared first on Tekedia.
Tekedia -
 
 
Morgan Stanley Launches Solana ETP as Hyperliquid’s SK Hynix Perpetual Contract Overtakes Bitcoin in Trading Volume
Digital asset markets continue to evolve at an extraordinary pace, with institutional finance and decentralized trading platforms reaching new milestones. Two recent developments underscore this transformation: Morgan Stanley’s launch of a Solana Exchange-Traded Product (ETP) and the emergence of SK Hynix perpetual futures as the most actively traded contract on Hyperliquid, surpassing Bitcoin in 24-hour […] The post Morgan Stanley Launches Solana ETP as Hyperliquid’s SK Hynix Perpetual Contract Overtakes Bitcoin in Trading Volume appeared first on Tekedia.
Tekedia -
Wall Street Tumbles as Fed Split, Rising Treasury Yields and Oil Surge Rattle Investors
U.S. stocks suffered their sharpest selloff in weeks on Wednesday as a hawkish Federal Reserve decision, surging Treasury yields, rising oil prices and renewed concerns over the artificial intelligence trade combined to trigger broad-based risk aversion across financial markets. The Federal Reserve kept its benchmark interest rate unchanged at 3.5% to 3.75%, but investors focused […] The post Wall Street Tumbles as Fed Split, Rising Treasury Yields and Oil Surge Rattle Investors appeared first on Tekedia.
Tekedia -
22% Below CoinMarketCap: BlockDAG’s $0.00000019 Price Draws Market Attention While DOGE & XRP Prices Stabilize
Recent charts for the Dogecoin price prediction show upside potential as key indicators keep showing buy signals. Meanwhile, the XRP price is showing signs of moving back toward $1.50 as several market signals suggest further growth. However, BlockDAG (BDAG) is dominating the list of top crypto gainers by introducing a limited-time opportunity to stay ahead […] The post 22% Below CoinMarketCap: BlockDAG’s $0.00000019 Price Draws Market Attention While DOGE & XRP Prices Stabilize appeared first on Tekedia.
Tekedia -
22% Savings on Live Swap! BlockDAG’s Biggest Ecosystem Shift Arrives in Hours, While Ondo Eyes $0.48 & XRP Price Struggles
The Ondo crypto price is aiming for $0.48 after a strong chart breakout and new trading upgrades. Meanwhile, the XRP price is stuck at a key level that could break its downward trend. Standing out from the competition, BlockDAG (BDAG) is entering a major growth phase with claims for Batches 1–6 and staking scheduled to […] The post 22% Savings on Live Swap! BlockDAG’s Biggest Ecosystem Shift Arrives in Hours, While Ondo Eyes $0.48 & XRP Price Struggles appeared first on Tekedia.
Tekedia -
Best CS2 Gambling Sites in 2026: Top 11 Compared
A single Butterfly Knife from a lucky case drop can cost more than a decent gaming PC. With price tags like that, CS2 skins work as real money: players trade them, wager them on roulette and case battles, and put them behind bets on their favorite teams. This is where our team compiled a list […] The post Best CS2 Gambling Sites in 2026: Top 11 Compared appeared first on Tekedia.
Tekedia -
Visa appoints ex-Airtel Money Kenya chief as East Africa head
TechCabal -
The ContiSX Blockchain Card
The Investment and Securities Act (ISA) 2025 stands as the most consequential piece of business legislation enacted in Nigeria in over three decades. Operating on the foundation of this landmark Act, ContiSX Securities Exchange plc is built to power the next decade of capital market evolution and drive unprecedented economic growth across the nation. The […] The post The ContiSX Blockchain Card appeared first on Tekedia.
Tekedia -
Nigeria’s petrol three-wheelers are going electric—with batteries powered by diesel
TechCabal -
Jack Dorsey’s Block Urges U.S. Senate to Pass CLARITY Act for Crypto Regulatory Clarity
Payments company Block, founded by Jack Dorsey, has formally called on Senate leaders to bring the Digital Asset Market Clarity Act (CLARITY Act) to a floor vote. In a letter dated July 29, 2026, addressed to Senate Majority Leader John Thune and Minority Leader Charles E. Schumer, Block expressed strong support for the legislation, describing […] The post Jack Dorsey’s Block Urges U.S. Senate to Pass CLARITY Act for Crypto Regulatory Clarity appeared first on Tekedia.
Tekedia -
Doubleline’s Gundlach Says Fed May Need Rate Hikes To Restore Inflation Credibility As Bond Market Challenges Policymakers
DoubleLine Capital CEO Jeffrey Gundlach said the U.S. Treasury market is sending a clear message to the Federal Reserve that if policymakers are serious about returning inflation to their 2% target, they may have to resume raising interest rates rather than simply maintaining a hawkish stance. Speaking after the Federal Reserve kept interest rates unchanged, […] The post Doubleline’s Gundlach Says Fed May Need Rate Hikes To Restore Inflation Credibility As Bond Market Challenges Policymakers appeared first on Tekedia.
Tekedia -
South Korea Confronts Market Turbulence as Russia Escalates Pressure on Telegram Founder Pavel Durov
Global financial and technology markets faced another wave of uncertainty as two major developments unfolded on the same day. In Asia, South Korea’s Finance Minister announced an emergency meeting following sharp volatility in the country’s benchmark KOSPI index, highlighting growing concerns over investor confidence and regional market stability. Meanwhile, geopolitical tensions intensified after reports that […] The post South Korea Confronts Market Turbulence as Russia Escalates Pressure on Telegram Founder Pavel Durov appeared first on Tekedia.
Tekedia -
After foreigners leave, South Africa’s convenience stores face a tech test
TechCabal -
 
 
Claude Mythos Cracks Post-Quantum Signature Scheme, Raising New Questions for Cryptography
The race to build secure post-quantum cryptography has taken an unexpected turn following reports that Claude Mythos successfully cracked a post-quantum digital signature scheme during advanced security testing. While the achievement does not imply that all post-quantum cryptography has been broken, it highlights the growing role of artificial intelligence in evaluating and challenging cryptographic systems […] The post Claude Mythos Cracks Post-Quantum Signature Scheme, Raising New Questions for Cryptography appeared first on Tekedia.
Tekedia -
One founder’s plan to make childbirth less financially dangerous
TechCabal -
Prediction Markets Signal Low Confidence in Iran Peace Deal
The fact that prediction markets are assigning low odds to an Iran ceasefire lasting 14 consecutive days reveals a deep level of skepticism among traders about the durability of peace in one of the world’s most volatile regions. While diplomatic announcements often generate optimism in political circles, prediction market participants tend to focus on probabilities […] The post Prediction Markets Signal Low Confidence in Iran Peace Deal appeared first on Tekedia.
Tekedia -
Microsoft Reassures Employees As Quarterly Results Show AI Investments Translating Into Stronger Cloud Growth
Microsoft sought to reassure employees and investors that its multibillion-dollar artificial intelligence strategy is beginning to deliver tangible returns, with Chief Financial Officer Amy Hood citing accelerating Azure cloud growth, surging adoption of Microsoft 365 Copilot, and record customer commitments as evidence that the company’s unprecedented AI spending is gaining traction. The message came after […] The post Microsoft Reassures Employees As Quarterly Results Show AI Investments Translating Into Stronger Cloud Growth appeared first on Tekedia.
Tekedia -
China Proposes Anti-Cyberbullying Law Targeting AI-Generated Abuse, Signaling Broader Push to Regulate AI Risks
China is moving to tighten oversight of artificial intelligence and online platforms with draft legislation aimed at combating cyberbullying, including abuse generated or amplified by AI, in the latest sign that Beijing is taking an increasingly proactive approach to regulating the rapidly evolving technology. The draft law, released Wednesday by the Cyberspace Administration of China […] The post China Proposes Anti-Cyberbullying Law Targeting AI-Generated Abuse, Signaling Broader Push to Regulate AI Risks appeared first on Tekedia.
Tekedia -
MTN Nigeria, WWF/NCF, UNDP and Deloitte Commence Third Edition of Nigeria PachiPanda Challenge
MTN Nigeria, in collaboration with the Worldwide Fund for Nature (WWF) through its local partner, the Nigerian Conservation Foundation (NCF), the United Nations Development Programme (UNDP) Nigeria and Deloitte Nigeria, has announced the 2026 Nigeria PachiPanda Challenge, marking the third edition of the initiative. Part of MTN’s annual Africa PachiPanda Challenge, the programme seeks to […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
BizwatchNigeria -
Quidax expands stablecoin corridors as African exchanges seek steadier revenue
TechCabal -
Radisson Hotel Group and Accenture Redefine Travel Discovery on ChatGPT
Radisson Hotel Group has collaborated with Accenture (NYSE: ACN) in launching an AI-powered hotel discovery app in ChatGPT, helping travelers move from trip intent to search, comparison and planning through natural conversation. Available as @RadissonHotels in ChatGPT, the app enables travelers to search for Radisson Hotels properties across over 100 countries, and more than 1,000 […]
IT News Africa -
How digital adoption in dentistry is improving healthcare
Dentistry has changed a lot over the past 25 years. Many dentists have moved away from traditional, hands-on methods and towards digital tools that are more precise, less invasive, and often far more comfortable for patients. These advances aren’t just about new technology; they’re about making visits to the dentist a better experience overall. At […]
IT News Africa -
Bolt brings ride-hailing to ChatGPT across Africa and global markets
TechCabal -
Carrefour Kenya, KCB Bank Kenya and Mastercard Launch Prepaid card for Smarter Grocery Budgeting
Carrefour, which Majid Al Futtaim holds the exclusive rights to operate in Kenya, has collaborated with KCB Bank Kenya and Mastercard to launch the Carrefour Prepaid card. The payment solution is designed to help customers better plan, manage, and control their grocery spending, reinforcing their commitment to delivering greater value and convenience. The prepaid card […]
IT News Africa -
What the OpenAI security incident teaches us about workload identity
The recent disclosure by OpenAI of a security incident involving Hugging Face has offered a practical, real-world illustration of what can happen when an autonomous system is given a goal, access to tools, and enough authority to pursue that goal across technical boundaries, according to Nicolas Blank, CTO of NBConsult, a Cyberlogic company. “According to […]
IT News Africa -