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DeepSeek unveils long-awaited low-cost AI model amid US-China tech tensions

Launch of V4 with ultra-long context seen as ‘inflection point’ for industry

Customer loss tops 2026 business risks, says NESG

The Nigeria Economic Summit Group (NESG) yesterday identified loss of customers and clients as the biggest risk facing Nigeria’s private sector in 2026. It also warned that shifting demand patterns and weakening purchasing power are reshaping the business landscape. Presenting the 2026 Private Sector Outlook, the NESG Chief Economist, Olusegun Omisakin, said the findings from [...]

Dogecoin Keeps Getting Capped At This Parallel Channel Level, Analyst Says

A cryptocurrency analyst has pointed out how Dogecoin has seen its last five breakout attempts rejected by the middle line of a Parallel Channel pattern. Dogecoin May Have Been Following A Parallel Channel Recently In a new post on X, analyst Ali Martinez has talked about a Parallel Channel forming in the 4-hour price of Dogecoin. The “Parallel Channel” refers to a class of patterns from technical analysis (TA) that emerge whenever an asset observes consolidation between two parallel trendlines. Related Reading: Bitcoin Rally Catches Shorts Offside—$200M Liquidated As Price Hits $79,000 The upper line of the channel is likely to be a source of resistance for the price, while the lower one that of support. A break out of either of these bounds can signal a continuation of trend in that direction. Depending on how the trendlines are oriented with respect to the graph axes, Parallel Channels can be sorted into a few different types. When the trendlines are pointing up, the pattern is known as an Ascending Channel. Similarly, a channel with a negative slope is called a Descending Channel. These two channels correspond to a phase of consolidation to a net upside and downside, respectively. In the context of the current topic, the Parallel Channel of interest falls into a third type: one where the trendlines are parallel to the time-axis. This type of channel naturally represents a phase of completely sideways movement in the asset. Now, here is the chart shared by Martinez that shows the Parallel Channel that the 4-hour price of Dogecoin has potentially been trading inside over the last couple of months: As displayed in the above graph, Dogecoin has recently been stuck in the lower half of this Parallel Channel. The memecoin has made five retests of the midway line, but all of these attempts have ended up in rejection. This level is located at $0.1018. DOGE’s most recent retest of the line took place just last week. Since this latest rejection, the cryptocurrency has retraced to the quarter mark of the channel. It now remains to be seen whether the coin will see another run to the resistance line or if it will retest the support level at $0.0884 instead next. Related Reading: Bitcoin Hits $78,000—All Eyes On $80,700 Cost Basis? In some other news, Dogecoin witnessed a high amount of transaction volume last week, as the analyst has highlighted in another X post. From the chart, it’s visible that the Dogecoin network saw almost $800 million in transfer volume on April 16th alone. Thus, it would appear that activity related to the memecoin was elevated last week. DOGE Price Dogecoin has dropped back to the $0.0966 mark following its pullback. Featured image from Dall-E, chart from TradingView.com

COMMENTARY: How to make America affordable again

Coal phase-out delays could cost SA 32,000 lives, report warns

Words: African Insider South Africa risks thousands of premature deaths if the phase-out of coal plants is delayed due to the government’s updated decommissioning dates, climate rights groups said in a report Wednesday. Coal provides 80 percent of South Africa’s power, according to the OECD, and the country ranks among the world’s largest greenhouse gas emitters. It is also a... Read more → The post Coal phase-out delays could cost SA 32,000 lives, report warns appeared first on Cape Town ETC .

Silver dips Rs 2,300, gold at Rs 1.51 lakh as oil surge, Iran war uncertainty raise inflation worries. What’s next?

Gold and silver opened lower on MCX amid rising crude oil prices near $110 per barrel, fuelling inflation concerns and rate outlook uncertainty. Geopolitical tensions in the Strait of Hormuz added to volatility. Analysts expect range-bound trading with key support and resistance levels guiding near-term strategy across bullion markets.

Ant International launches PayTo payment solution for Australian SMEs

Ant International today announced an exclusive move to integrate PayTo into its Global Account Service in Australia. This solution enables Australian export SMEs to access a faster, cost-effective, and more secure alternative to account-to-account pull payments.

Top 10 Privacy Coins by Market Cap in 2026

Explore top privacy coins like Monero, Zcash, MimbleWimbleCoin, and Pirate Chain in 2026 with cryptocurrency market trends, features, and secure transactions insights.

Intel earnings signal recovery at US chip maker

Intel earnings signal recovery at US chip maker Estelle.Bronkhorst Fri, 04/24/2026 - 06:00 NEW YORK - Shares in Intel soared on Thursday after it smashed quarterly earnings expectations in what could be a sign that the US chip maker is on a path to recovery. Intel reported revenue of $13.6 billion in a 7 percent increase from the same quarter a year earlier, but logged a $3.7 billion loss that was less than the market had anticipated. It forecast revenue in the current quarter would range from $13.8 billion to $14.8 billion. Shares soared more than 19 percent in after-market trades. "The next wave of AI will bring intelligence closer to the end user, moving from foundational models to inference to agentic," Intel CEO Lip-Bu Tan said in the earnings release. "This shift is significantly increasing the need for Intel's CPUs and wafer and advanced packaging offerings." A hot AI trend of digital "agents" specialising in handling computer tasks independently means more work for networks using the kinds of processing units made by Intel local networks rather than cutting-edge GPUs in datacenters, according to Tan. Shares in Intel took off late last year after AI giant Nvidia announced it would invest $5 billion in its lagging rival. "Intel delivered the kind of report that the bulls needed to justify a stock that's soared over the past year, with data centre momentum and foundry progress both pointing in the right direction," Emarketer analyst Jacob Bourne said of the earnings. "These results make Intel's turnaround look less like a hope-fueled blip and more like a steadier, longer-term trajectory." AFP

The Opportunity that Comes with the EU's July 2026 Van Regulation Reset

The businesses that treat the new EU rules for van delivery operations as a procurement opportunity will define the next decade of European supply chain performance.

Powered land and zombie projects: Real estate in the age of AI

Owners of industrial sites, speculative investors, property developers and even farmers are burnishing the credentials of their land in the hope of cashing in on the billions of dollars tech giants plan to spend on AI data centers.