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Steady13 stories10 sourcesLast updated: 6/3/2026

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Cape Verde bets on tech to reverse postcolonial brain drain
Tech
5/11/2026

Cape Verde bets on tech to reverse postcolonial brain drain

African archipelago hopes startups, digital infrastructure and diaspora investment can transform its economyFor much of its history since its discovery by the Portuguese in the mid-15th century, the Cape Verde archipelago off the coast of west Africa served as a hub of the international slave trade, with Africans forcibly transported to marketplaces before being distributed across the Americas and Europe.Now, almost 150 years since slavery was abolished in Cape Verde, and just over 50 years since independence from Portugal, Pedro Fernandes Lopes wants the country to become a beacon for the free movement of human and financial capital across the African diaspora. Continue reading...

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Guardian Tech
TikTok makes record US$25b investment to expand digital infrastructure in Thailand
NEWS
5/7/2026

TikTok makes record US$25b investment to expand digital infrastructure in Thailand

TikTok is investing US$25 billion in data infrastructure projects in Thailand, the company’s biggest investment announced to date in Southeast Asia, as China’s technology giants continue expanding their footprint in the region. The investment would be used to install additional servers and expand data storage and processing infrastructure across Bangkok, Samut Prakan and Chachoengsao provinces to support rising demand for digital services, according to an announcement by Thailand’s Board of...

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SCMP Economy
Europe’s AI translation industry told it risks reputation by partnering with US firms
NEWS
5/7/2026

Europe’s AI translation industry told it risks reputation by partnering with US firms

Partnership between top startup DeepL and Amazon comes amid concern about Silicon Valley’s monopoly over digital infrastructureAI companies in Europe risk losing their world-leading status in the field of machine translation, industry figures have said, after the decision by one of the continent’s leading startups to partner with Amazon’s cloud computing division provoked alarm.While businesses in the EU have generally lagged behind the US and China in AI adoption, a small group of European companies have cornered the global market for high-quality machine translations for professional use. Continue reading...

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Guardian Business
Why India's Digital Infrastructure Needs Design-First Security
Developing
Tech·4/30/2026AI summary

Why India's Digital Infrastructure Needs Design-First Security

This opinion piece argues that India's cybersecurity approach is incomplete because it focuses on AI-powered defense while neglecting fundamental system design. The authors contend that security must begin with threat modeling and formal verification—mathematical proof that systems exhibit intended security properties—rather than merely detecting breaches. Three distinct threat model layers (design, use case, implementation) must be addressed separately. The article calls for mandating layered threat models, requiring implementation-level verification for critical systems, and building national capability in cryptography and formal verification as a strategic asset.

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Economic Times
MENA Startups Raise $29M+ as Regional Funding Momentum Builds
NEWS
4/25/2026AI summary

MENA Startups Raise $29M+ as Regional Funding Momentum Builds

Startups across the Middle East and North Africa secured over $29 million in funding over the past week, with deals spanning AI, fintech, gaming, and digital infrastructure. Saudi Arabia's Signit raised $15M series A, Oman's Fascano closed $10M, Egypt's Sinai.ai got $1.45M pre-seed, and UAE's Ray raised $1.2M seed. Austria's Speedinvest launched a MEA-focused fund backed by Mubadala and Qatar Investment Authority, while VAST Data raised $1B at a $30B valuation.

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Arab News
Wall Street Embraces 24/7 Perpetual Futures and Tokenized Assets
Developing
Business·4/22/2026AI summary

Wall Street Embraces 24/7 Perpetual Futures and Tokenized Assets

Wall Street institutions are rapidly adopting perpetual futures contracts and tokenized real-world assets to operate in a 24/7 global economy. Industry experts explain that the elimination of contract expiry dates and atomic settlement are redefining market relevance, with crypto-native platforms increasingly leading price discovery during weekend geopolitical events. The IMF warns that while these technologies enhance capital efficiency, they eliminate temporal buffers and require CBDCs as a public anchor to prevent instant liquidity crises.

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Euronews Business