
Bio
Saqib is COO and co-founder at A47 AI, where he runs operations and leads the prediction-markets initiative. He covers crypto, Web3, and the decentralization of the sport and entertainment economy.
Editorial Responsibility
As A47's prediction-markets and crypto editor, I am responsible for our coverage of these markets and Web3 — ensuring it is grounded in real product, data, and revenue rather than speculation.
Previous experience · 14+ years
- · WPP Media (GroupM PK, Wavemaker PH)
- · MYCO
- · ARY Digital Network
Education
MBA Marketing, SZABIST
Areas of expertise
Categories overseen
Stories from Saqib Pathan’s desk
8384 stories- Business· World
Accelerant to go private in $4.4 billion acquisition by Thoma Bravo
Accelerant has agreed to be acquired by private-equity firm Thoma Bravo in a deal valued at $4.4 billion. This transaction is occurring now due to the growing interest in the insurance technology sector, where Accelerant connects underwriters with risk capital partners through data analytics. The long-term implication is that this acquisition could foster innovation in the insurance technology space as Accelerant operates under private ownership.
4 sourcesAug 16
- Economy· World
Robert Kaplan Supports Federal Reserve's Decision to Maintain Interest Rates
Robert Kaplan publicly endorsed the Federal Reserve's decision to hold interest rates steady at 3.50%–3.75% during their July meeting. This endorsement follows a 9–3 vote among policymakers, reflecting a cautious approach to evaluating inflation trends. As inflation data evolves, the Fed's future decisions on interest rates will be closely monitored, with Kaplan's insights likely shaping market expectations.
3 sourcesAug 16
- Crypto· World
Trezor data breach exposes personal information of nearly 14000 customers
A data breach at Trezor's shipping partner ShipMonk has compromised the personal information of 13689 customers. This incident is occurring now as it marks the second cold storage attack on Trezor within two weeks, raising concerns about security vulnerabilities. In the long term, this breach may lead wallet providers to enhance their security protocols and customer education to mitigate future risks.
5 sourcesAug 16
- Business· World
OpenAI's enterprise revenue surpasses consumer segment amid rapid growth
OpenAI's enterprise business has grown significantly, now generating more revenue than its consumer business. This shift is driven by a 32% increase in enterprise customers reported in July 2026, reflecting strong market demand for AI solutions. As OpenAI continues to expand its enterprise offerings, understanding ROI for corporate clients will be crucial for sustained growth.
3 sourcesAug 16
- Economy· World
US government sells 30-year bonds at highest yield since 2001
The US government has sold 30-year bonds at the highest yield in 25 years, indicating significant investor concerns about fiscal health. This surge in yields is driven by rising public debt and inflation, prompting calls for government action on spending. In the long term, this may lead to increased scrutiny of fiscal policies and potential reforms in government spending practices.
3 sourcesAug 16
- Crypto· World
Gemini Space Station Inc. reports $108 million net loss in Q2 2026 amid declining trading volumes
Gemini Space Station Inc. has posted a net loss of $108 million for Q2 2026, marking its fourth consecutive quarterly loss since its IPO. This financial downturn is primarily attributed to a 66% drop in trading volumes and a 38% decline in exchange revenue. The company's future sustainability may hinge on its ability to pivot towards service-based revenue streams as it navigates a challenging market environment.
4 sourcesAug 16
- Economy· World
Brent crude oil prices decline after six-day increase due to rising U.S. inventories
Brent crude oil prices have fallen following a six-day increase, driven by an unexpected rise in U.S. crude inventories and a weakening demand outlook. This shift is occurring now as traders react to the latest inventory data and forecasts that suggest lower consumption. The long-term implication may involve continued volatility in the oil market as supply concerns from the Middle East persist amidst fluctuating demand dynamics.
3 sourcesAug 16
- Business· MENA
JD.com reports first revenue decline since IPO amid declining Chinese consumer sentiment
JD.com has reported a 2.9% year-over-year decline in revenue for Q2 2026, marking its first sales drop since going public in 2014. This decline is attributed to broader issues in consumer confidence in China, which have intensified recently. In the long term, JD.com may need to reevaluate its strategies to regain market confidence and adapt to changing consumer behaviors in a competitive retail landscape.
3 sourcesAug 16
- Business· World
Robinhood Ventures Fund II launches on NYSE raising $225.5 million
Robinhood Ventures Fund II debuted on the NYSE after raising $225.5 million. The fund's launch reflects Robinhood's strategy to expand access to private market investments for retail investors at this moment of increasing interest in democratized investment opportunities. The long-term implication could be a significant shift in the private equity landscape as more retail investors gain access to such funds.
4 sourcesAug 16
- Business· World
Silver Lake in Acquisition Talks for Workday Inc.
Workday Inc. shares surged over 18% following reports that private equity firm Silver Lake is in discussions to acquire the company. The immediate trigger for this market activity is the heightened interest in Workday's financial management software amid ongoing speculation about the acquisition. If successful, this deal could significantly reshape the competitive landscape in the HR and financial management software market.
4 sourcesAug 16
- Economy· World
U.S. retail sales decline raises concerns over economic recovery
U.S. retail sales fell by 0.6% in July, marking the largest decline in over a year. This unexpected downturn has dampened investor enthusiasm and raised alarms about consumer spending and economic health. As a result, the market may continue to experience volatility, prompting investors to closely monitor upcoming economic indicators for signs of recovery or further decline.
3 sourcesAug 16
- Business· World
Nvidia negotiates $3 billion investment in SB Energy while scaling back OpenAI data center commitments
Nvidia is in discussions to invest $3 billion in SB Energy, indicating a strategic shift in its investment focus. This move comes as the company reduces its planned $250 billion guarantee for the OpenAI data center, raising concerns among investors about its financial exposure. Long-term, Nvidia's ability to balance investment opportunities with risk management will be crucial for its competitive position in the AI market.
4 sourcesAug 16
- Economy· World
UK economy remains fastest growing in G7 amid Iran war challenges
The UK economy has demonstrated surprising resilience, achieving notable growth in the first half of 2026 despite external pressures from the ongoing Iran war and rising inflation. This growth is currently supported by factors such as favorable weather and the men's football World Cup. However, experts caution that the sustainability of this growth is uncertain, with potential economic headwinds looming in the near future.
4 sourcesAug 16
- Economy· World
Romania shuts down Cernavodă nuclear reactor amid record low Danube water levels
Romania has shut down its last operational nuclear reactor at the Cernavodă plant due to critically low water levels in the Danube River. This unprecedented drought has triggered immediate energy supply concerns, particularly for Moldova, which relies on Romanian electricity. The situation highlights the vulnerability of energy infrastructure to climate change, prompting potential policy shifts in energy management across Europe.
4 sourcesAug 16
- Business· World
Frasers Group acquires Harvey Nichols out of administration
Frasers Group has acquired Harvey Nichols after the luxury department store entered administration due to financial difficulties. The acquisition is driven by Mike Ashley's strategy to expand Frasers Group's presence in the luxury retail market. This move may lead to significant changes in Harvey Nichols' operations and potential store closures as it adapts to new ownership and market conditions.
5 sourcesAug 16
- Business· World
BP to Develop Offshore Gasfield in Venezuela with US-Linked Partners
BP has announced plans to develop the Loran gasfield in Venezuela, marking a significant foreign investment in the country since the political shift following Nicolás Maduro's ousting. This investment is triggered by a change in US policy towards Venezuela, allowing for renewed foreign interest in its energy sector. The long-term implication could be a broader resurgence of foreign investments in Venezuela's energy landscape, potentially reshaping its market dynamics.
3 sourcesAug 16
- Economy· World
Global youth unemployment rises to 67 million due to AI adoption
Youth unemployment rates have increased globally, with 67 million young people currently unemployed. This surge is primarily driven by the rapid adoption of artificial intelligence technologies, which are closing off job opportunities in various sectors. The long-term implication is a pressing need for proactive strategies to reskill young workers and adapt labor markets to technological advancements.
5 sourcesAug 15
- Economy· World
OPEC Revises Oil Demand Forecasts for 2026 and 2027
OPEC has increased its oil demand growth forecast for 2027 to 2.2 million barrels per day while reducing the 2026 forecast to 580,000 barrels per day. This adjustment comes as the organization responds to ongoing geopolitical tensions and rising fuel prices impacting global consumption. The long-term implication suggests that OPEC's forecasts may continue to fluctuate as external factors influence oil supply and demand dynamics.
3 sourcesAug 15
- Economy· MENA
Oman announces development of four new industrial cities to boost economic diversification
Oman has announced the establishment of four new industrial cities as part of its 11th Five-Year Development Plan aimed at enhancing economic diversification and attracting investments. This initiative is triggered by the country's commitment to align with Oman Vision 2040, focusing on empowering the private sector and creating job opportunities. The long-term implication is that these industrial hubs could significantly strengthen Oman's industrial infrastructure and position it as a key player in the regional industrial sector.
3 sourcesAug 15
- Economy· World
Gold prices stabilize after reaching two-month high amid U.S. inflation data anticipation
Gold prices fell slightly after hitting a two-month high. This fluctuation is occurring due to market reactions to upcoming U.S. inflation data. As inflation data is released, gold prices are likely to remain sensitive to economic indicators, potentially leading to further volatility in the market.
3 sourcesAug 15