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Technology
Bill Gates Urges Reinstatement of Trump-Axe’d Global Aid Funding, Warns of “Preventable Deaths”
Bill Gates, the philanthropist and co-founder of Microsoft, has criticized the Trump administration for what he called “entirely preventable” humanitarian disasters stemming from the abrupt dismantling of U.S. international aid programs. In a post on X (formerly Twitter) on Friday, Gates urged Washington to reverse course before the fallout becomes irreversible, warning that life-saving interventions […] The post Bill Gates Urges Reinstatement of Trump-Axe’d Global Aid Funding, Warns of “Preventable Deaths” appeared first on Tekedia.
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Goldman Sachs Begins Testing AI Engineer ‘Devin’ as Wall Street Embraces Agentic AI Revolution
Goldman Sachs has taken a decisive leap into the future of software development, announcing the deployment of an autonomous artificial intelligence engineer known as Devin, developed by AI startup Cognition, in a move that could reshape how Wall Street firms approach technical operations. Goldman’s Chief Information Officer Marco Argenti confirmed to CNBC this week that […] The post Goldman Sachs Begins Testing AI Engineer ‘Devin’ as Wall Street Embraces Agentic AI Revolution appeared first on Tekedia.
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You’re Losing’: JPMorgan’s Jamie Dimon Warns Europe as U.S., Asia Pull Ahead — Flags Risk of Market Complacency Over Trump’s Tariffs
JPMorgan Chase CEO Jamie Dimon didn’t mince words during his speech at Ireland’s Department of Foreign Affairs, sounding alarm bells over Europe’s waning global economic clout and warning that complacency is setting in across global markets in the face of rising U.S. protectionism. “You’re losing,” Dimon told officials in Dublin on Thursday, as reported by […] The post You’re Losing’: JPMorgan’s Jamie Dimon Warns Europe as U.S., Asia Pull Ahead — Flags Risk of Market Complacency Over Trump’s Tariffs appeared first on Tekedia.
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NNPCL May Sell Warri, Port Harcourt, and Kaduna Refineries as Pressure for Full Privatization Mounts
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has stated that the sale of the country’s non-performing refineries, including those in Warri, Port Harcourt, and Kaduna, remains a possibility as the company undertakes a comprehensive review of its downstream operations. Ojulari made this known in an interview with […] The post NNPCL May Sell Warri, Port Harcourt, and Kaduna Refineries as Pressure for Full Privatization Mounts appeared first on Tekedia.
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Knowledge: A Factor of Production [Podcast]
This video podcast passionately argues for the reclassification of knowledge as a primary factor of production, alongside land, entrepreneurship, labor, and capital. The speaker underscores this point by highlighting the intense competition among leading technology companies like Meta and Google in the AI era. These companies are not merely acquiring technology or code but are […] The post Knowledge: A Factor of Production [Podcast] appeared first on Tekedia.
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Microsoft Reaps $500M Saving Through AI Amid Significant Layoffs
Microsoft is reaping massive financial rewards from its investment in artificial intelligence, after the company revealed that last year it saved over $500 million in its call center operations alone. This milestone, highlighted by the company’s Chief Commercial Officer Judson Althoff, underscores how AI tools drive major productivity gains across departments from customer service to […] The post Microsoft Reaps $500M Saving Through AI Amid Significant Layoffs appeared first on Tekedia.
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“We Are Not In The Top 10 Semiconductor Companies Anymore:” Intel’s CEO Lip-Bu Tan Acknowledges It’s “Too Late” To Catch Up With AI Competition
Once the undisputed king of semiconductors, Intel now finds itself in a moment of crisis—one marked by stagnant innovation, lost market share, and internal reckonings. In a leaked internal Q&A with employees this week, new CEO Lip-Bu Tan offered a rare, sobering assessment: “We are not in the top 10 semiconductor companies anymore.” That candid […] The post “We Are Not In The Top 10 Semiconductor Companies Anymore:” Intel’s CEO Lip-Bu Tan Acknowledges It’s “Too Late” To Catch Up With AI Competition appeared first on Tekedia.
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CBN Raises Alarm Over 45% Surge in Financial Fraud, Blames Crypto Platforms and Digital Channels
The Central Bank of Nigeria (CBN) has warned of a significant surge in financial fraud across the country, revealing that reported fraud cases rose by 45% within one year, with over 70% of the losses traced to digital financial channels, particularly unregulated virtual asset platforms. CBN Governor Olayemi Cardoso, represented by Deputy Governor for Economic […] The post CBN Raises Alarm Over 45% Surge in Financial Fraud, Blames Crypto Platforms and Digital Channels appeared first on Tekedia.
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Remixpoint Raises $215M To Expand Its Bitcoin Treasury
Remixpoint, a Tokyo-listed energy and fintech company, raised ¥31.5 billion ($215 million) to expand its Bitcoin treasury, aiming to acquire 3,000 BTC. The funds were secured through stock acquisition rights and unsecured bonds, with a 39.9% share dilution. The company currently holds 1,051 BTC, valued at over $113.8 million, and other cryptocurrencies like ETH, SOL, […] The post Remixpoint Raises $215M To Expand Its Bitcoin Treasury appeared first on Tekedia.
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DeBridge Officially Adds Support For HyperEVM To Strengthen Cross-chain Performance
deBridge has integrated support for HyperEVM, enabling seamless cross-chain and same-chain asset transfers to Hyperliquid’s high-performance Layer 1 blockchain. This allows users to trade any token on HyperEVM, including native $HYPE, across supported chains like Ethereum and Arbitrum with minimal friction. deBridge’s support for HyperEVM enables fast, secure, and low-cost transfers of assets between HyperEVM […] The post DeBridge Officially Adds Support For HyperEVM To Strengthen Cross-chain Performance appeared first on Tekedia.
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Bitcoin Reaches New ATH of $118,000 Amid Bolstered Institutional Adoptions
Bitcoin’s latest surge past $118,000 aligns with a massive influx into crypto ETFs, with U.S. spot Bitcoin ETFs recording $1.17 billion in daily inflows, led by BlackRock’s iShares Bitcoin Trust ($448 million) and Fidelity’s Wise Origin Bitcoin Fund ($324 million). Ethereum ETFs also saw strong demand, pulling in $383.1 million, their second-highest daily inflow ever, […] The post Bitcoin Reaches New ATH of $118,000 Amid Bolstered Institutional Adoptions appeared first on Tekedia.
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Business Vision, Mission, Strategy & Model – Ndubuisi Ekekwe
Every successful company, whether in Oriendu Market Ovim or Wall Street trading floors in New York, begins with a compelling vision – a future-focused picture of what the company aspires to become. This vision inspires internal teams and shapes long-term planning. Without a clear vision, businesses may lose direction and relevance over time.   The […] The post Business Vision, Mission, Strategy & Model – Ndubuisi Ekekwe appeared first on Tekedia.
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Shoptreo Secures Seed Backing to Globalise Aba’s Artisan Economy
Rebel Seed Capital has backed Nigerian e-commerce startup Shoptreo, which focuses on digitising informal artisanal supply chains. Established in 2021 by George Uteh (CEO) and Emmanuel Jacobs, Shoptreo runs operations out of Aba, Nigeria, and the U.S., with a core mission to digitally connect grassroots artisans particularly leatherworkers in the Aba Artisanal Leather Cluster to […] The post Shoptreo Secures Seed Backing to Globalise Aba’s Artisan Economy appeared first on Tech In Africa.
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Stuck at the border: The barriers to Nigeria’s global trade ambitions
This overemphasis on consumer goods, without the needed machinery and infrastructure to meet international standards, limits the economic impact and scalability of exports.
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South Africa’s Blue Label Telecoms to change name in major rebrand
The company says it is undergoing a major restructuring, separating its telecoms operations from non-telecoms business units.
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Top Features That Make Little Pepe (LILPEPE) a Game-Changer in the Meme Coin Market
Little Pepe (LILPEPE) has quickly become one of the most talked-about meme coins in the crypto community. Now in Stage 4 of its presale, priced at just $0.0013, it offers early buyers a rare opportunity to invest before any potential breakout. With strong fundamentals and forward-thinking infrastructure, LILPEPE could well be on its way to […] The post Top Features That Make Little Pepe (LILPEPE) a Game-Changer in the Meme Coin Market appeared first on Tekedia.
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U.S. Treasury’s Decision To Remove DeFi Broker Reporting Rules Is A Landmark Win For The Crypto Industry
According to Bloomberg, the U.S. Treasury Department has officially scrapped crypto broker reporting rules (TD 10021, RIN 1545-BR39) that would have required decentralized finance (DeFi) platforms to report customer transaction data to the IRS. These rules, initially set to take effect in 2027, were repealed by Congress under the Congressional Review Act, with President Trump […] The post U.S. Treasury’s Decision To Remove DeFi Broker Reporting Rules Is A Landmark Win For The Crypto Industry appeared first on Tekedia.
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A Look At Strategy’s Unrealized Bitcoin Gains
Strategy reported $14.05 billion in unrealized Bitcoin gains for Q2 2025, with a total of 597,325 BTC valued at approximately $64.36 billion as of June 30, 2025. This reflects a $22 billion unrealized profit based on a $42.4 billion investment. Some posts on X suggest unrealized gains could be as high as $21.3 billion to […] The post A Look At Strategy’s Unrealized Bitcoin Gains appeared first on Tekedia.
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GTCO Lists 2.29bn Shares on NGX as Part of Dual Listing Strategy, Aims for 15% Dividend Yield
Guaranty Trust Holding Company Plc (GTCO) on Thursday, July 10, 2025, listed 2,288,250,000 ordinary shares of 50 kobo each on the Nigerian Exchange (NGX), expanding its issued share capital as part of an ambitious capital raising and dual listing strategy. According to a market bulletin issued by the NGX, the newly admitted shares were listed […] The post GTCO Lists 2.29bn Shares on NGX as Part of Dual Listing Strategy, Aims for 15% Dividend Yield appeared first on Tekedia.
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TECNO INTRODUCES THE SLIMMEST PHONE IN THE SPARK 40SERIES.
TECNO INTRODUCES THE SLIMMEST PHONE IN THE SPARK 40SERIES. TECNO, an AI-driven innovative technology brand, today officially launched the new SPARK 40 Series, leading the class with… TechCity
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Nairobi-Emerging Fintech Surpasses 1 Million Smartphone Sales
M-KOPA, a UK-based fintech, has surpassed 1 million sales of its branded smartphones within just 12 months of launch.  The company produces its branded devices at its assembly plant in Nairobi. Over 400 new jobs have been created since its establishment in 2023 and achieved ISO 9001 quality certification in 2024.  M-KOPA’s smartphones represent a fundamental […]
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What Africa’s 2024 blockchain funding says about investor priorities
In 2024, blockchain startups in Africa raised $122.5 million—36% less than 2023’s $191.4 million, according to the latest African Blockchain Report by Crypto Valley Venture Capital (CV VC).  This marks the second consecutive annual drop since the sector’s $474 million peak in 2022.
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How to Convert DVD to MP4 with DVDneXtCOPY DVD Ripper
There was a time when DVDs were the cornerstone of home entertainment. However, DVDs are rapidly becoming obsolete. Modern laptops rarely come with disc drives, and most TVs and smartphones no longer support physical media. Meanwhile, MP4 has become the universal standard for video — lightweight, high-quality, and compatible with virtually every device from smartphones […] The post How to Convert DVD to MP4 with DVDneXtCOPY DVD Ripper appeared first on Tekedia.
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Nvidia Surpasses $4 Trillion Market Cap, Outpacing Apple & Microsoft
Nvidia has officially surpassed a market capitalization of $4 trillion, making it the first company in history to reach this astonishing milestone. This remarkable achievement has been fueled by an unprecedented demand for artificial intelligence (AI) technologies, which has fundamentally shifted the landscape of the semiconductor industry and beyond. On a recent Wednesday, Nvidia’s stock price […]
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How to Convert DVD to MP4: Top 3 Ways
With flexible options for flawless entertainment, DVDs are losing their charm, and people are seeking more convenient ways to convert DVD to MP4. As DVDs are prone to break and lose easily, users prefer to convert them into a more widespread and compatible format that can play on any device without trouble. MP4 is the […] The post How to Convert DVD to MP4: Top 3 Ways appeared first on Tekedia.
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Cape Town’s FinHub Hosts Hackathon with Interledger Foundation
The University of Cape Town’s Financial Innovation Hub recently hosted a hackathon in collaboration with the Interledger Foundation, where students developed innovative solutions to real-world payment challenges in South Africa. Hosted at the Hasso Plattner School of Design Thinking Africa at UCT, 12 teams comprising students from UCT, Cape Peninsula University of Technology (CPUT), University […]
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Flutterwave Secures Payment Institution License to Expand Seamlessly into Senegal’s Booming Digital Economy
Flutterwave, a leading fintech company providing payment infrastructure for global merchants, has officially obtained a Payment Institution License from the Central Bank of West African States (BCEAO). This regulatory milestone authorizes the company to operate fully in Senegal, enabling it to deliver its complete suite of secure, seamless, and reliable payment solutions to businesses across […] The post Flutterwave Secures Payment Institution License to Expand Seamlessly into Senegal’s Booming Digital Economy appeared first on Tekedia.
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Denmark Set to Pass Europe’s First Copyright Law Granting Citizens Control Over Their Digital Identity as Deepfake Threat Surges
Denmark is poised to become the first European country to legally outlaw the unauthorized use of deepfakes, moving swiftly to amend its copyright law amid growing global concerns about the misuse of artificial intelligence to replicate human likeness without consent. The proposed law, announced last month by the Danish Ministry of Culture, will guarantee every […] The post Denmark Set to Pass Europe’s First Copyright Law Granting Citizens Control Over Their Digital Identity as Deepfake Threat Surges appeared first on Tekedia.
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OpenAI’s AI-Powered Browser Could Reshape Browsing By Prioritizing AI-Driven Interactions
OpenAI is reportedly preparing to launch an AI-powered web browser in the coming weeks, aiming to challenge Google Chrome’s dominance. The browser, built on Google’s open-source Chromium code, will integrate AI features like a native ChatGPT-style chat interface, reducing the need to navigate external websites for certain tasks. It may also incorporate OpenAI’s AI agent, […] The post OpenAI’s AI-Powered Browser Could Reshape Browsing By Prioritizing AI-Driven Interactions appeared first on Tekedia.
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Trump’s Push For 300 BPS Rate Cuts Aims To Stimulate Growth
President Donald Trump has recently advocated for significant Federal Reserve interest rate cuts, specifically calling for a reduction of at least 300 basis points (bps), which would lower the federal funds rate from its current range of 4.25%–4.5% to around 1%–1.25%. This push, expressed through public statements and a handwritten letter to Federal Reserve Chair […] The post Trump’s Push For 300 BPS Rate Cuts Aims To Stimulate Growth appeared first on Tekedia.
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The S&P 500’s Climb To 6,280 Signals Economic Strength And Investor Optimism
The S&P 500 closed at a new all-time high of 6,280 on July 10, 2025, as reported in recent posts on X. This marks a significant milestone, reflecting a 0.27% increase from the previous session and a 3.89% gain over the past month. The index has shown resilience, climbing 11.84% compared to the same period […] The post The S&P 500’s Climb To 6,280 Signals Economic Strength And Investor Optimism appeared first on Tekedia.
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Nigeria’s New Tax Reforms Touted as Game-Changer for SMEs
The Pan-African Alliance of Small and Medium Industries (PAOSMI) says the newly enacted tax laws signed by President Bola Tinubu will help stimulate the growth of small and medium enterprises (SMEs) and attract local investment into Nigeria’s struggling economy. Speaking in Abuja, PAOSMI Director-General, Dr. Henry Emejuo, said the tax overhaul marked a significant shift […] The post Nigeria’s New Tax Reforms Touted as Game-Changer for SMEs appeared first on Tekedia.
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EFCC Raises Alarm Over Politicians Hiding Loot in Crypto Wallets, Days After IMF Warns of Cryptocurrency Risks to Nigeria
The Chairman of Nigeria’s Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has raised fresh concerns about the rising use of cryptocurrencies by corrupt politicians to conceal looted funds—an assertion coming just hours after the International Monetary Fund (IMF) warned that virtual assets pose serious threats to Nigeria’s economic and financial stability if left unchecked. […] The post EFCC Raises Alarm Over Politicians Hiding Loot in Crypto Wallets, Days After IMF Warns of Cryptocurrency Risks to Nigeria appeared first on Tekedia.
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Dear Africa’s Entrepreneurs, You Are the Future of Global Innovation
If you’ve built a company in Lagos, Nairobi, or Accra, this message is for you. While startups in Silicon Valley raise millions on pitch decks, you’ve bootstrapped through power outages, fragmented payment systems, and markets where trust is earned, not assumed. The good news is that these challenges are forging you into a new breed […] The post Dear Africa’s Entrepreneurs, You Are the Future of Global Innovation appeared first on Tekedia.
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Comparing Renewable Energy Subsidies Across Africa
Explore how renewable energy subsidies in Africa are bridging the energy access gap, highlighting successes and challenges in key countries. The post Comparing Renewable Energy Subsidies Across Africa appeared first on Tech In Africa.
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AWS to Launch AI Agent Marketplace with Anthropic as Partner, Eyes Major Push into Next Wave of Enterprise AI
Amazon Web Services (AWS) is preparing to roll out a dedicated AI agent marketplace next week, with support from key partner Anthropic, in a move that could reshape how businesses deploy artificial intelligence across enterprise software environments. According to two sources familiar with the matter, who spoke to TechCrunch, the launch is scheduled to take […] The post AWS to Launch AI Agent Marketplace with Anthropic as Partner, Eyes Major Push into Next Wave of Enterprise AI appeared first on Tekedia.
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