Federal Reserve Chairman Kevin Warsh has expressed confidence in the resilience of the US economy and its prospects for stronger long-term growth, noting that a surge in artificial intelligence investment is supporting demand even as energy shocks and persistent inflation complicate the outlook for monetary policy. Speaking at the International Monetary Fund and World Bank […] The post Fed Warsh Sees US Economy Emerging Stronger as AI Investment Fuels Growth and Inflation appeared first on Tekedia.

Global electric vehicle sales fell 2% in September, ending six consecutive months of growth as record demand in Europe failed to offset sharp declines in China and North America, according to data from UK-based research firm Benchmark Mineral Intelligence (BMI). The decline highlights widening differences across the world’s major electric vehicle markets, with consumer demand […] The post Global EV Sales Fall 2% in September as Europe’s Record Demand Fails to Offset China and North America Slump appeared first on Tekedia.

JPMorgan Chase Chief Executive Jamie Dimon has warned that the rapid advancement of artificial intelligence is outpacing governments’ ability to control its spread, explaining that policymakers and businesses must focus on managing the technology’s risks rather than attempting to stop its development. Speaking at The Economic Club of Chicago on Wednesday, Dimon compared AI with […] The post JPMorgan CEO Jamie Dimon Warns AI Is Outpacing Governments’ Ability to Control Its Spread appeared first on Tekedia.

Anthropic has quietly pitched US lawmakers on draft legislation that would give the federal government limited authority to block the release or use of advanced artificial intelligence models deemed to pose imminent risks of catastrophic harm, reopening debate over how Washington should regulate the most powerful AI systems. The proposal would allow the government to […] The post Anthropic Pitches US Lawmakers Bill to Block AI Models Posing Imminent Threats appeared first on Tekedia.

The artificial intelligence investment boom is weakening the traditional influence of higher interest rates on corporate spending, potentially prolonging borrowing-cost pressures as technology companies continue pouring billions of dollars into data centers, chips and computing infrastructure, according to Torsten Sløk, chief economist at Apollo Global Management. Sløk argued on Thursday that interest rates are unlikely […] The post Apollo Economist Warns AI Spending Boom Could Keep Interest Rates Higher for Longer appeared first on Tekedia.

How to Remove Yourself From Data Brokers in 2026 Your name, phone number, home address and even details about your family could be available on websites you have never visited. Data brokers collect personal information from public records, online activity and commercial sources, then package it for businesses and other buyers. Some of these websites make it possible to find someone’s previous addresses, relatives, […] TechCity

European stocks rose on Friday as global markets attempted to recover from a technology-led selloff that exposed growing investor concerns about the cost of financing the artificial intelligence boom, the sustainability of corporate profits and the prospect of higher US interest rates. The rebound followed a turbulent week in which stronger-than-expected US inflation data intensified […] The post European Stocks Rebound as AI Debt Concerns Rattle Markets, Dollar Heads for Weekly Loss appeared first on Tekedia.

Social Security recipients are expected to receive a 3.6% cost-of-living adjustment (COLA) in 2027, offering millions of retirees, disabled workers, and other beneficiaries a potential increase in their monthly payments. The adjustment is intended to help recipients maintain their purchasing power as the prices of essential goods and services continue to change. While the increase […] The post Social Security Recipients to Receive a 3.6% Cost-of-Living Increase in 2027 appeared first on Tekedia.

The blockchain industry continues to evolve as projects explore new ways to combine digital ownership, decentralized finance, and improved transaction performance. Two developments attracting attention are the instant sellout of Yield Field deed non-fungible tokens through a Dutch auction starting at 1 ETH and Solana’s planned Alpenglow upgrade, which targets an October 21 mainnet launch […] The post Yield Field Deed NFTs Sell Out Instantly as Solana’s Alpenglow Upgrade Targets October 21 Launch appeared first on Tekedia.

The US economy is facing renewed inflation concerns after September’s Producer Price Index (PPI) rose 6.3% year-over-year, exceeding market expectations and intensifying concerns about the direction of monetary policy. The hotter-than-anticipated inflation reading, following elevated consumer inflation data, has unsettled global investors, triggering a sell-off across Asian markets as technology stocks and artificial intelligence-related investments […] The post US September PPI Hits 6.3% as Asian Markets Sell Off Amid AI Stock Rout appeared first on Tekedia.

Tesla’s ambitious vision for the future of transportation is once again attracting attention as reports emerge about a flying Roadster powered by SpaceX thrusters. The concept reflects Elon Musk’s long-standing ambition to push technological boundaries by combining electric vehicles, aerospace engineering, and advanced propulsion systems. The continued exploration of Starlink highlights Musk’s broader strategy of […] The post Tesla’s Flying Roadster and Starlink: Elon Musk’s Vision for the Future of Transportation and Space Technology appeared first on Tekedia.

Replit CEO and co-founder Amjad Masad believes artificial intelligence is changing the nature of work by shifting employees away from routine execution and towards decision-making, software architecture, and creative problem-solving, as AI agents increasingly take over operational tasks inside businesses. Speaking at TechCrunch Disrupt in San Francisco on Thursday, Masad described a future in which […] The post Replit CEO Says AI Agents Will Create ‘Self-Driving Companies’ appeared first on Tekedia.

OpenAI and Anthropic are moving in opposite directions in cryptocurrency-linked private-market contracts as mounting concerns over AI infrastructure financing weigh on CoreWeave, highlighting how investor sentiment is increasingly differentiating between the two leading artificial intelligence developers. OpenAI’s implied valuation fell more than 4% over 24 hours, briefly slipping below $1.5 trillion, according to perpetual futures […] The post OpenAI Valuation Falls Below $1.5tn as CoreWeave Sell-Off Widens Gap With Anthropic appeared first on Tekedia.

A US federal appeals court has ruled that the Federal Communications Commission (FCC) exceeded its legal authority when it established the administrative company responsible for collecting contributions to a multibillion-dollar telecommunications subsidy programme, raising fresh questions about the legal framework supporting affordable internet and phone services for millions of Americans. The US Court of Appeals […] The post US Appeals Court Rules FCC Exceeded Authority in Creating $9bn Telecom Subsidy Programme appeared first on Tekedia.

Onafriq, the pan-African digital payment platform, has announced plans to wind down its Baxi agent banking business in Nigeria after rising operating costs, currency depreciation, and intensifying competition weakened the sustainability of its offline payment operations. The decision marks a strategic retreat from Nigeria’s agent banking market for a business that Onafriq acquired in 2021 […] The post Onafriq to Wind Down Baxi Agent Banking Business in Nigeria Amid Rising Costs appeared first on Tekedia.

Payments giant Visa has moved its stablecoin capabilities on the Visa Direct platform from pilot programs into commercial production, enabling eligible businesses to prefund cross-border payouts with USDC in near real time. The announcement names payments infrastructure provider Inyo Global as the first enabler of the service. Speaking on the launch, Global Head of Visa […] The post Visa Launches Commercial USDC Prefunding for Global Payouts Through Visa Direct appeared first on Tekedia.

The Africa Blockchain Festival has kicked off in Nairobi, Kenya, bringing together 50 African startup founders, venture capital investors, regulators and technology industry leaders to explore investment opportunities and the future of digital finance across the continent. The three-day event, which began on October 15, 2026, at the Sarit Expo Centre, is expected to run […] The post Africa Blockchain Festival Opens in Nairobi, Connecting 50 Startups With Investors appeared first on Tech In Africa.

Investors are increasingly questioning the financial sustainability of the artificial intelligence boom as the cost of insuring against defaults by technology companies reaches record highs, exposing growing anxiety over the debt being accumulated to build AI infrastructure. Credit default swap (CDS) spreads on several technology companies rose sharply on Thursday as hotter-than-expected US inflation data […] The post AI Debt Fears Push Tech Default Insurance to Record Highs as CoreWeave Bonds Yield 16% appeared first on Tekedia.

Rockstar dropped the GTA 6 launch trailer on 15 October 2026, five weeks before release. We look at the confirmed GTA VI price in South Africa, what the Cyberleek footage shows and how much storage your PS5 or Xbox needs.

Most media groups are built to chase the same story. We are built to find the one nobody else is telling. The moment a topic trends, the industry piles on. The same press release gets reworded fifty ways, everyone races for the same clicks, and the reader ends up with ten versions of one headline […] The post Why Trend Wire Group is built differently appeared first on Tekedia.

Elon Musk unveiled the new Tesla Roadster on 15 October 2026. He invited a live audience for one reason: to prove the car was real and not AI-generated. The Roadster then drove up a towering curved ramp, went upside down and launched off the end. It flipped in mid-air and landed safely on the ground. […]

Anthropic told investors its third-quarter revenue reached $16.8 billion as the artificial intelligence company prepares for a highly anticipated initial public offering reportedly planned for November, according to sources. The figure represents a sharp increase from $11.6 billion in the second quarter and $4.7 billion in the first quarter, highlighting the rapid expansion of demand […] The post Anthropic Reports $16.8 Billion in Third-Quarter Revenue as November IPO Approaches appeared first on Tekedia.

iPhone Duo preorders open today. A cracked inner screen costs $999 to fix Apple lists a $999 fee to fix the iPhone Duo inner screen without AppleCare+. Here are all the repair costs and the math on whether the plan pays. TechCity

Forex traders across Africa have more choices than ever before. From Nigeria and Kenya to South Africa and Ghana, international brokers are competing for clients with tighter spreads, faster execution and increasingly accessible trading platforms. But choosing a broker based on advertised spreads alone can be expensive. Two brokers might both advertise spreads starting from […] The post 5 Ways African Forex Traders Can Cut Costs in 2027 appeared first on Tekedia.