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Technology
Tekedia Capital Invests in Verdict Machine, A Cyber Software Factory for On-chain Finance
Tekedia Capital is excited to join a distinguished group of global investors in backing Verdict Machine: “Verdict Machine, an AI cybersecurity company founded by Check Point (NASDAQ: CHKP) veterans, has closed its pre-seed round to secure digital assets. Verdict Machine is building a cyber software factory for on-chain finance… The round brings together Y Combinator, […] The post Tekedia Capital Invests in Verdict Machine, A Cyber Software Factory for On-chain Finance appeared first on Tekedia.
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Nvidia Crisis: Michael Burry Urges Investors to Sell as Lisa Su and AMD Emerge as Potential Winners
Nvidia’s leadership crisis has transformed one of technology’s biggest success stories into a test of corporate resilience, investor confidence and personal accountability. Michael Burry, the investor made famous by “The Big Short,” has urged shareholders to get out of Nvidia stock following Jensen Huang’s resignation as chief executive. He argues the company could struggle without […] The post Nvidia Crisis: Michael Burry Urges Investors to Sell as Lisa Su and AMD Emerge as Potential Winners appeared first on Tekedia.
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MSC Nears Takeover of Meyer Werft as Germany Prepares to Exit €400m Shipyard Rescue
Swiss shipping group MSC is negotiating to take control of German shipbuilder Meyer Werft, potentially ending a state-backed ownership arrangement established to prevent the company from collapsing under financial pressure in 2024. The proposed transaction would give MSC access to an approximately 80% stake held by the German federal government and Lower Saxony, while allowing […] The post MSC Nears Takeover of Meyer Werft as Germany Prepares to Exit €400m Shipyard Rescue appeared first on Tekedia.
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Boeing Plans 2,500 Job Cuts in Its Airliner Business as Workforce Restructuring Continues
Boeing is preparing to cut approximately 2,500 jobs across its commercial airplane business, marking another significant workforce reduction as the American aircraft manufacturer continues to restructure its operations and address financial and operational challenges. The planned layoffs reflect the pressure facing the company as it attempts to improve efficiency, control expenses and restore stability following […] The post Boeing Plans 2,500 Job Cuts in Its Airliner Business as Workforce Restructuring Continues appeared first on Tekedia.
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IBM Ends Immigration Sponsorship for Majority of Roles in Its Biggest Business Unit
IBM is changing its immigration sponsorship policy, ending sponsorship for the majority of positions in its largest business unit as the technology giant reassesses its workforce strategy amid shifting economic conditions, artificial intelligence adoption, and growing pressure to control operating costs. The decision could significantly affect international workers seeking employment opportunities at one of the […] The post IBM Ends Immigration Sponsorship for Majority of Roles in Its Biggest Business Unit appeared first on Tekedia.
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Ethereum Faces Selling Pressure as Foundation-Linked Wallet Dumps 2,000 ETH While Whales Remain Divided
Ethereum is facing renewed selling pressure as a wallet linked to the Ethereum Foundation sells another significant portion of its holdings, adding to concerns about the cryptocurrency’s near-term direction. According to blockchain analytics platform Lookonchain, the wallet recently sold 2,000 ETH worth approximately $3.87 million, marking its fourth major sale since October. The latest transaction […] The post Ethereum Faces Selling Pressure as Foundation-Linked Wallet Dumps 2,000 ETH While Whales Remain Divided appeared first on Tekedia.
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Microsoft Global Outage Forces Japanese Financial Sector Back to Fax Machines
A global Microsoft outage has exposed the vulnerability of modern financial systems, forcing parts of Japan’s financial sector to abandon digital communication and return to an unlikely technology: the traditional fax machine. The disruption, which affected several Microsoft services, demonstrated how quickly businesses can become disconnected when critical technology infrastructure experiences unexpected failures. The outage […] The post Microsoft Global Outage Forces Japanese Financial Sector Back to Fax Machines appeared first on Tekedia.
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Tesla Opens $29,990 Cybercab to Select Private Buyers in Push for Autonomous Vehicle Sales
Tesla has begun inviting select customers to purchase its Cybercab for personal use, signaling a move beyond its robotaxi operations towards selling fully autonomous vehicles directly to consumers. The electric vehicle maker announced the offer on Friday through a post on X, displaying the two-seat Cybercab, which features golden butterfly doors, at a purchase price […] The post Tesla Opens $29,990 Cybercab to Select Private Buyers in Push for Autonomous Vehicle Sales appeared first on Tekedia.
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Anthropic Introduces New Claude Tool to Help Manufacturers Address Labor Shortages
Anthropic is expanding its artificial intelligence ambitions into the manufacturing sector, pitching a new Claude-powered tool as a potential solution to persistent labor shortages and operational challenges facing industrial companies. The move highlights the growing competition among AI developers to bring advanced automation beyond traditional office environments and into factories, warehouses, and other industrial workplaces. […] The post Anthropic Introduces New Claude Tool to Help Manufacturers Address Labor Shortages appeared first on Tekedia.
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Skydance’s Pluto TV Shrinks as Free Streaming Rivals Gain Market Share
The competition in the streaming television industry is becoming increasingly intense as Skydance’s Pluto TV loses ground while rival free, ad-supported streaming services continue to attract larger audiences. Once considered one of the leading platforms in the rapidly expanding free ad-supported television (FAST) market, Pluto TV is facing growing pressure from competitors that are successfully […] The post Skydance’s Pluto TV Shrinks as Free Streaming Rivals Gain Market Share appeared first on Tekedia.
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Billionaire Investor Leo KoGuan Refuses Further Nvidia Investment Without Jensen Huang
Billionaire investor Leo KoGuan has expressed his displeasure with further investing in Nvidia, following Jensen Huang’s abrupt resignation as CEO. The Indonesian-born Chinese American businessman declared that he will make no additional investments in the chipmaker unless its longtime leader remains at the helm. Speaking on Huang’s departure, he said, “In the next 3 years, […] The post Billionaire Investor Leo KoGuan Refuses Further Nvidia Investment Without Jensen Huang appeared first on Tekedia.
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Crypto Fear & Greed Index Plunges to 20 as Bitcoin Falls Below $70,000
The Crypto Fear & Greed Index dropped to 20, entering “Extreme Fear” territory and marking its lowest level in more than four months, as Bitcoin slid below $70,000 and briefly traded under $68,000. According to data, the widely followed sentiment gauge fell from 28 the previous day. Readings at or below 24 signal extreme fear, […] The post Crypto Fear & Greed Index Plunges to 20 as Bitcoin Falls Below $70,000 appeared first on Tekedia.
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US Treasury Reports Record $404 Billion Budget Deficit for October, Up 42%
The United States government has started the new fiscal year with a significant deterioration in its public finances, as the Treasury Department reports a record budget deficit of $404 billion for October, representing a 42% increase compared with the same month a year earlier. The latest figures highlight the growing pressure on federal finances as […] The post US Treasury Reports Record $404 Billion Budget Deficit for October, Up 42% appeared first on Tekedia.
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Crypto Industry Challenges Illinois Transaction Tax as Trezor Cuts Reseller Network by 80% Following Wallet Security Scandal
The cryptocurrency industry is facing two significant challenges involving regulatory uncertainty and cybersecurity concerns, as industry participants challenge Illinois’ proposed crypto transaction tax in court While hardware wallet manufacturer Trezor dramatically reduces its reseller network after discovering seed-stealing implants in its Safe 5 wallets. Although the developments involve different aspects of the digital asset ecosystem, […] The post Crypto Industry Challenges Illinois Transaction Tax as Trezor Cuts Reseller Network by 80% Following Wallet Security Scandal appeared first on Tekedia.
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Oil Prices Rise More Than 1% as Trump Says US Does Not Need a Deal With Iran
Oil prices climbed more than 1% after US President Donald Trump declared that the United States does not need to reach an agreement with Iran, renewing concerns about geopolitical tensions in the Middle East and their potential consequences for global energy supplies. The remarks added fresh uncertainty to an already sensitive oil market, where investors […] The post Oil Prices Rise More Than 1% as Trump Says US Does Not Need a Deal With Iran appeared first on Tekedia.
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LangChain Raises $300m at $3bn Valuation as Demand for AI Agent Management Grows
LangChain, a startup developing software for building and managing artificial intelligence agents, has raised $300 million in a Series C funding round at a $3 billion valuation, more than doubling its worth in about a year as businesses increase their adoption of autonomous AI systems. The funding round was led by CapitalG, with participation from […] The post LangChain Raises $300m at $3bn Valuation as Demand for AI Agent Management Grows appeared first on Tekedia.
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Anthropic’s $900bn Infrastructure Commitments Expose Its Biggest Business Risk Ahead of IPO
Anthropic Chief Executive Dario Amodei has identified uncertainty over future computing demand as the company’s biggest business dilemma, highlighting the financial risks facing the artificial intelligence developer as it prepares for a highly anticipated initial public offering. Speaking during a Friday livestream conversation with JPMorgan Chase Chief Executive Jamie Dimon, Amodei said Anthropic must make […] The post Anthropic’s $900bn Infrastructure Commitments Expose Its Biggest Business Risk Ahead of IPO appeared first on Tekedia.
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Visa Expands Stablecoin Payment Infrastructure As Cerebras Q3 2026 Revenue Jumps 70% to $230.9 Million
The growing relationship between traditional financial institutions and blockchain technology is becoming increasingly evident as Visa moves to support Western Union’s USDPT stablecoin on its global VisaNet payment network through Anchorage Digital. At the same time, artificial intelligence infrastructure company Cerebras Systems is demonstrating strong financial momentum, reporting third-quarter core revenue of $230.9 million, representing […] The post Visa Expands Stablecoin Payment Infrastructure As Cerebras Q3 2026 Revenue Jumps 70% to $230.9 Million appeared first on Tekedia.
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Global Stocks Fall as Nvidia Leadership Crisis Deepens AI Market Uncertainty and Fed Rate Fears
Global stocks reversed early gains on Friday as investors assessed the fallout from Nvidia chief executive Jensen Huang’s resignation, bringing a turbulent week to a close with fresh uncertainty over the artificial intelligence industry, semiconductor supply chains and US technology policy. Huang stepped down on Thursday following revelations about extramarital affairs, including an alleged relationship […] The post Global Stocks Fall as Nvidia Leadership Crisis Deepens AI Market Uncertainty and Fed Rate Fears appeared first on Tekedia.
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Binance Covers 100% of $6.3 Billion Hack Losses as DTCC Moves Tokenization Service Toward Solana
The cryptocurrency industry is facing two significant developments highlighting the growing importance of security, institutional adoption, and blockchain infrastructure Binance has announced that it has covered 100% of losses associated with a reported $6.3 billion hack, while the Depository Trust & Clearing Corporation (DTCC) is preparing to connect its Tokenization Service to the Solana blockchain. […] The post Binance Covers 100% of $6.3 Billion Hack Losses as DTCC Moves Tokenization Service Toward Solana appeared first on Tekedia.
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Investor Howard Marks Warns AI Leaders Could Lose Their Dominance as Anthropic Prepares Mega-IPO
Billionaire investor Howard Marks has warned that the rapid pace of artificial intelligence development could become a major vulnerability for the companies currently dominating the industry, questioning how long their technological advantages will last as competition intensifies. In his latest investment memo, the co-founder of Oaktree Capital Management argued that the speed of AI advancement […] The post Investor Howard Marks Warns AI Leaders Could Lose Their Dominance as Anthropic Prepares Mega-IPO appeared first on Tekedia.
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Enterprise leaders rethink organic discovery as search algorithms reward depth
Corporate executives are shifting organic search priorities from vanity metrics to commercial conversion frameworks that protect long-term market share. You likely track organic search reports each month, but high keyword rankings rarely guarantee meaningful revenue. For too long, digital strategies celebrated broad impressions that failed to move qualified buyers through your pipeline. Modern enterprise leaders […] The post Enterprise leaders rethink organic discovery as search algorithms reward depth appeared first on Tekedia.
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Black Friday smartwatch deals start soon. Here’s the price each watch should beat
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Kenya’s Online Safety Bill would make under-18s get a parent’s consent to go online. Here’s what it says
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Was your flight canceled in the FAA ground stop? Here’s what airlines owe you, and what they don’t
Was your flight canceled in the FAA ground stop? Here’s what airlines owe you, and what they don’t The FAA ground stop canceled flights on Nov. 13. When you get a cash refund, what airlines do not owe you and how the free change waivers work. TechCity
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Bitcoin Drops Below $70,000 as Gemini Revenue Slides and Institutional Tokenization Gains Momentum
The cryptocurrency market is facing renewed pressure as Bitcoin falls below the $70,000 threshold for the first time since August, highlighting deteriorating investor sentiment and growing uncertainty across digital assets. The decline comes alongside disappointing financial results from cryptocurrency exchange Gemini, while developments involving Securitize, Ethena, and BlackRock’s BUIDL fund suggest that institutional adoption and […] The post Bitcoin Drops Below $70,000 as Gemini Revenue Slides and Institutional Tokenization Gains Momentum appeared first on Tekedia.
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US Handled $12bn of Venezuela’s Oil Revenue in Nine Months Under Post-Maduro Arrangement
The United States handled more than $12 billion in Venezuelan oil and other natural resource revenues during the first nine months of this year, according to an independent accounting report released by the State Department, detailing Washington’s control over the flow of funds following the January operation that removed President Nicolás Maduro from power. The […] The post US Handled $12bn of Venezuela’s Oil Revenue in Nine Months Under Post-Maduro Arrangement appeared first on Tekedia.
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DOJ Seizes $1.2 Billion in North Korea-Linked Crypto, Dismantles ‘FaceStealer’ Deepfake Scheme
The US Department of Justice has intensified its efforts to combat cryptocurrency-related cybercrime after seizing approximately $1.2 billion in digital assets linked to North Korean operations and dismantling a sophisticated deepfake fraud scheme known as FaceStealer. The developments highlight the growing intersection between cryptocurrency, artificial intelligence, identity theft, and state-sponsored cybercrime, raising fresh concerns about […] The post DOJ Seizes $1.2 Billion in North Korea-Linked Crypto, Dismantles ‘FaceStealer’ Deepfake Scheme appeared first on Tekedia.
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Nvidia Shares Plunge 13% as Jensen Huang Resigns After 33 Years, Colette Kress Takes Over
Nvidia’s sudden leadership crisis has shaken global markets, with shares falling after co-founder Jensen Huang resigned as chief executive following 33 years at the helm. The sell-off pushed the company’s market value below $4 trillion, highlighting investors’ dependence on its long-serving founder. The company confirmed that Huang had stepped down as president, CEO and a […] The post Nvidia Shares Plunge 13% as Jensen Huang Resigns After 33 Years, Colette Kress Takes Over appeared first on Tekedia.
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Solving the Universal Language of Commerce in Nigeria with ContiSX Sage and ContiSX EarPod
Meet the ContiSX EarPod, powered by ContiSX proprietary blockchain technology and ContiSX Sage. Put it on and transact seamlessly across Nigeria in English, Yoruba, Igbo, Hausa, and Nigerian Pidgin. By enabling real-time, multi-way language interpretation, it empowers people to connect, trade, and collaborate across communities. When language ceases to be a barrier, every corner of […] The post Solving the Universal Language of Commerce in Nigeria with ContiSX Sage and ContiSX EarPod appeared first on Tekedia.
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How AyaHQ turned a failed startup into a founder-building business
AyaHQ has been a stablecoin payments product, a remote-jobs marketplace, a training programme, a founder programme, and the operator of physical residencies in two countries.
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Cisco Raises Revenue Forecast to $75.8bn as AI Data Center Demand Fuels Networking Boom
Cisco Systems raised its annual revenue forecast on Thursday after reporting first-quarter results above Wall Street expectations, as the networking equipment maker benefits from growing demand for the infrastructure needed to connect expanding artificial intelligence data centers. The company now expects fiscal 2027 revenue of between $74.8 billion and $75.8 billion, up from its previous […] The post Cisco Raises Revenue Forecast to $75.8bn as AI Data Center Demand Fuels Networking Boom appeared first on Tekedia.
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German DAX Breaks 27,000 Points as Allianz Raises Profit Outlook and Siemens Reports Lower Earnings
Germany’s financial markets delivered a significant milestone on Thursday as the country’s benchmark DAX index climbed above 27,000 points for the first time, reaching 27,001.67 during morning trading. The record performance came alongside a mixed set of corporate earnings from some of Germany’s largest companies, highlighting the resilience of major businesses despite uneven profitability across […] The post German DAX Breaks 27,000 Points as Allianz Raises Profit Outlook and Siemens Reports Lower Earnings appeared first on Tekedia.
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Nvidia Shares Face Longest Losing Streak Since 2012 as Huang’s Exit Deepens Investor Concerns
Nvidia shares are heading towards their longest weekly losing streak in more than a decade, with a sudden leadership crisis accelerating a sell-off that had already erased about $1.6 trillion from the chipmaker’s market value. The stock has fallen for six consecutive weeks, its longest such run since 2012, losing 29% of its value as […] The post Nvidia Shares Face Longest Losing Streak Since 2012 as Huang’s Exit Deepens Investor Concerns appeared first on Tekedia.
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1-year vs. 5-year Two-wheeler Insurance: Which Saves You More?
Choosing between a one-year and a five-year policy depends on your budget, coverage needs, and personal preference for convenience. A longer-term policy saves you the hassle of annual renewals, but it does mean paying more upfront. Opting for multi-year 2-wheeler insurance can help lock in your rates and offer long-term peace of mind. Before deciding […] The post 1-year vs. 5-year Two-wheeler Insurance: Which Saves You More? appeared first on Tekedia.
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How to Pay Chinese Suppliers in RMB (Alipay & WeChat Pay) or Swap Naira, Kenyan Shillings, Ghana Cedis & USDT in Minutes
If you import goods from 1688, Alibaba, Taobao or the Canton Fair and need to pay Chinese suppliers in RMB from Nigeria, Ghana, Kenya or other African countries, you probably know how stressful and challenging cross-border payments can be. Similarly, many African freelancers, remote workers and crypto traders struggle to convert their local currencies into […]
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