Apple significantly increased its inventory in the September quarter as it sought to secure supplies of computer memory amid unprecedented price increases, a move that could provide some short-term cost protection but is expected to offer diminishing benefits as component prices continue to rise. The company’s inventory increased to $14.54 billion in its fiscal fourth […] The post Apple Inventory Jumps 154% as Rising Memory Costs Threaten Profit Margins appeared first on Tekedia.

Alphabet is raising €6 billion ($6.7 billion) through a euro-denominated bond sale, testing investor demand for technology debt as concerns over the cost and profitability of artificial intelligence investments continue to unsettle equity and credit markets. The Google parent is offering the bonds in seven tranches, with total investor demand exceeding €17 billion, according to […] The post Alphabet Seeks €6 Billion From Bond Sale as AI Spending Raises Investor Concerns appeared first on Tekedia.

Binance founder Changpeng Zhao, widely known as CZ, has stated that traditional banks may face higher risks from cyberattacks than cryptocurrency exchanges. His comments come just days after Binance suffered a record $6.3 billion theft, the largest cryptocurrency heist in history. The attack, attributed by the FBI and blockchain analytics firms to the North Korean-linked […] The post Binance Founder CZ Claims Banks May Be More Vulnerable to Cyberattacks Than Crypto Exchanges appeared first on Tekedia.

North Korea has rejected allegations that it was behind the estimated $6.3 billion theft from cryptocurrency exchange Binance, describing the accusation as a “grave political provocation” as blockchain investigators continue to track the movement of stolen assets across multiple networks. Kim Yo Jong, sister of North Korean leader Kim Jong Un, condemned the FBI’s attribution […] The post North Korea Rejects FBI Link to $6.3bn Binance Hack as Laundering Spreads Across Blockchains appeared first on Tekedia.

A US federal appeals court has ruled that a law firm’s use of artificial intelligence in a trade secrets lawsuit does not, by itself, justify reducing its legal fee award, rejecting an argument that AI-assisted work should have lowered the amount charged to the opposing party. The Denver-based 10th US Circuit Court of Appeals upheld […] The post US Appeals Court Rejects Bid to Cut $115,000 Legal Fee Award Over Law Firm’s AI Use appeared first on Tekedia.

Shares of Shopify fell 9% in early trading on Tuesday after the e-commerce platform reported weaker-than-expected subscription gross profit and gross merchandise volume, raising concerns about performance in parts of its business even as adjusted earnings exceeded market forecasts. The company reported adjusted earnings of 49 cents per share for the quarter, beating LSEG analysts’ […] The post Shopify Shares Fall 9% as Subscription Profit and Gross Merchandise Volume Miss Estimates appeared first on Tekedia.

The artificial intelligence revolution is moving beyond software development. What began as vibe coding, where people use AI tools to build applications and write code without traditional programming skills, is evolving into something much bigger: vibe manufacturing. A growing number of entrepreneurs, engineers and creators are using AI to design physical products, develop prototypes and […] The post From Software to Hardware: Why Vibe Manufacturing Is the Next AI Revolution appeared first on Tekedia.

SpaceX is in discussions to acquire Boost Mobile or gain access to its network, according to a report from The Washington Post, as the company seeks to launch its own mobile phone service and challenge the major U.S. wireless carriers. Elon Musk, SpaceX’s chief executive, met last month with Charlie Ergen, chairman of Boost Mobile’s […] The post SpaceX in Talks to Acquire Boost Mobile as It Pushes Into U.S. Wireless Market appeared first on Tekedia.

Nigeria’s federal government is preparing an ambitious $21.7 billion external borrowing plan to finance infrastructure development, raising fresh questions about the country’s debt sustainability, borrowing costs and long-term economic outlook. The proposal, comprising $20.5 billion and €1.05 billion, is awaiting approval from the National Assembly and represents another significant expansion of the  Bola Tinubu administration’s […] The post Nigeria Infrastructure Financing: Benefits and Risks of $21.7 Billion Debt appeared first on Tekedia.

Artificial intelligence is transforming the global economy, creating enormous fortunes, reshaping workplaces, and raising increasingly serious questions about humanity’s future. Three developments highlight the different sides of this technological revolution: The expected wealth creation surrounding Anthropic’s initial public offering (IPO), Amazon’s growing use of robots in its warehouses, and the alarming predictions of an AI […] The post Anthropic’s IPO, Amazon’s Robot Revolution, and the AI Safety Expert Who Fears Humanity’s Future appeared first on Tekedia.

The growing influence of artificial intelligence, Silicon Valley startup culture and powerful technology executives has become a subject of increasing public debate. Now, the long-running comedy show Saturday Night Live (SNL) is joining the conversation, using satire to criticize the technology industry’s ambitions, questionable business practices and the personalities driving its rapid expansion. In a […] The post Silicon Valley Startup Culture Comes Under Fire as SNL Targets Tech Executives appeared first on Tekedia.

A year after winning New York City’s mayoral election, Zohran Mamdani’s political rise continues to shape conversations about the city’s economic future. His victory represented a major shift in the political landscape, driven by growing frustration over housing costs, expensive transportation, childcare expenses and the widening gap between wealthy residents and working-class families. Now, attention […] The post The Future of New York City’s Economy Under Zohran Mamdani appeared first on Tekedia.

Saudi Aramco reported a 9% increase in adjusted net income for the third quarter of 2026, driven by stronger refining margins that boosted earnings from its downstream business and helped the oil producer beat analysts’ expectations. The state-controlled energy company posted adjusted net income of $31.2 billion for the quarter, compared with $28.6 billion in […] The post Aramco Third-Quarter Profit Rises 9% to $31.2 Billion on Stronger Refining Margins appeared first on Tekedia.

Greetings! We are launching a series of educational webinars to help our growing community understand and maximize the capabilities of ContiSX devices, including our Phones. Unlike conventional devices, ContiSX products operate within our proprietary blockchain ecosystem, introducing technologies and capabilities that may be unfamiliar to many users. If you have purchased a ContiSX Phone, thank […] The post [Webinar] Understanding Your ContiSX Phone: Features, Tech, Major OS Update on Nov 10 appeared first on Tekedia.

China’s financial regulator has warned that the global rush to finance artificial intelligence is concentrating capital in a relatively small group of technology companies, driving up leverage and borrowing costs while making it harder for traditional industries to secure funding. Xiao Yuanqi, vice head of China’s National Financial Regulatory Administration, raised the concerns on Tuesday […] The post China Financial Regulator Warns AI Investment Boom Is Crowding Out Traditional Industries appeared first on Tekedia.

The internet has produced countless technological breakthroughs, transformed industries and connected billions of people, but few projects have changed how humanity accesses knowledge as profoundly as Wikipedia. What began as an ambitious experiment in collaborative information sharing has become one of the world’s most important educational resources. Its remarkable achievement, however, raises an uncomfortable question: […] The post Why Wikipedia Remains One of the Internet’s Greatest Achievements appeared first on Tekedia.

American corporate executives are increasingly finding themselves caught between political loyalty, business interests, and the changing expectations of their customers and employees. After years of navigating the influence of Donald Trump’s MAGA movement, some of the country’s most powerful business leaders appear to be reconsidering how closely they associate themselves with the president and his […] The post Why Corporate Leaders Are Prioritizing Business Over Political Allegiance appeared first on Tekedia.

U.S. President Donald Trump has responded to questions surrounding the record $6.3 billion Binance hack, downplaying concerns over the incident while suggesting that the United States could engage North Korea over the matter. Speaking to reporters around the same period, President Donald Trump addressed the incident saying, “I’m not concerned. We’re learning about it. We […] The post Trump on Record $6.3 Billion Binance Hack: “I’m Not Concerned, We’ll Talk to North Korea” appeared first on Tekedia.

Oil prices rose on Tuesday after reports that the United States carried out strikes on Iran’s Qeshm Island, reviving concerns about an escalation in the conflict even as Washington signals that it remains open to a diplomatic settlement. Brent crude futures gained 1.75% to $106.60 a barrel, while US West Texas Intermediate rose 1.7% to […] The post Oil Prices Rebound After Reported US Strikes on Iran, Treasury $618 Billion Borrowing in Focus appeared first on Tekedia.

Website-building software company Squarespace is laying off approximately 300 employees, representing 19% of its workforce, as chief executive Anthony Casalena moves to simplify the organization and reshape its operations around changes in technology and the software industry. In a companywide memo sent to employees on Monday, Casalena said most of the job cuts would affect […] The post Squarespace Cuts 19% of Workforce as CEO Cites AI-Driven Changes in Technology and Work appeared first on Tekedia.

Snap has reached a settlement with two teenagers who accused the company of designing Snapchat to encourage compulsive use and contributing to their depression, anxiety, and eating disorders, avoiding what would have been its first trial in a growing wave of litigation over social media’s impact on young people. The settlement, first reported by Reuters, […] The post Snap Settles Teenagers’ Social Media Addiction Lawsuit, Avoiding First Trial in Wider Legal Battle appeared first on Tekedia.

SpaceX is exploring an acquisition of Boost Mobile from EchoStar as Elon Musk seeks to combine satellite connectivity with terrestrial cellular infrastructure and establish a stronger position in the US wireless market, according to a report by The Washington Post. A deal would give SpaceX access to Boost Mobile’s existing customer base and potentially expand […] The post SpaceX Eyes Boost Mobile Acquisition to Expand Its US Wireless Network appeared first on Tekedia.

Brookfield is planning an artificial intelligence data center project in northern England that could attract more than £20 billion ($26.8 billion) in investment, as Europe seeks to expand the computing infrastructure needed to support AI development amid constraints on electricity supply, land availability and grid connections. Drax Group, the London-listed energy company, said Tuesday it […] The post Brookfield Plans £20 Billion AI Data Centre Project in Northern England appeared first on Tekedia.

Major US businesses are divided over whether the Trump administration should impose additional tariffs on Vietnamese goods, with Tesla and Samsung warning that higher duties could disrupt supply chains, while American producers and intellectual property groups are urging Washington to take a tougher approach. The disagreement emerged in submissions to the US government ahead of […] The post Tesla, Samsung Oppose New US Tariffs on Vietnam as Industry Groups Demand Penalties appeared first on Tekedia.

Apollo Global Management has launched a European private credit platform with more than €10 billion ($11.2 billion) in lending capacity, bringing together major institutional investors as asset managers compete for financing opportunities across the region. The new business, called the European Credit Company (ECC), will provide financing to companies and asset owners across Europe’s large […] The post Apollo Launches €10 Billion European Private Credit Platform With Abu Dhabi Backing appeared first on Tekedia.

The US stock market is showing signs of a broader recovery beneath the recent technology selloff, with improving market breadth suggesting that gains are beginning to spread beyond the handful of large companies that have driven the S&P 500’s advance this year. JPMorgan Private Bank has identified the improvement as a potentially bullish signal, arguing […] The post S&P 500 Market Breadth Signals Potential Rebound as AI Selloff Hits Technology Stocks appeared first on Tekedia.

Strategy, the company formerly known as MicroStrategy and led by Executive Chairman Michael Saylor, has purchased an additional 811 bitcoin for approximately $65.5 million. The acquisition took place between October 26 and November 1 at an average price of about $80,846 per bitcoin, according to a SEC filing released Monday. The latest buy brings Strategy’s […] The post Strategy Acquires Another 811 Bitcoin as Holdings Top 849,000 BTC appeared first on Tekedia.

The United States is considering another significant step toward establishing a clearer regulatory framework for the cryptocurrency industry, as Commodity Futures Trading Commission Chairman Michael Selig advocates giving crypto exchanges a federal option to register. The proposal reflects growing efforts to bring digital asset businesses under a more predictable regulatory structure while encouraging innovation and […] The post CFTC Chairman Selig Proposes Federal Registration Option for Crypto Exchanges appeared first on Tekedia.

Hedge funds have rapidly reversed their enthusiasm for artificial intelligence stocks, with just five consecutive trading sessions in October wiping out all their purchases of AI-related equities accumulated since the beginning of 2025, according to Goldman Sachs data. The dramatic shift highlights growing uncertainty across financial markets, where concerns about positioning, borrowing costs, and valuation […] The post Hedge Funds Reverse AI Stock Bets as Semiconductor Sell-Off Erases $700 Billion appeared first on Tekedia.

If you are looking for an app that lets you buy airtime for someone living outside Nigeria, pay their TV subscriptions, or top up your international line while you travel abroad, this is your ultimate guide. Thousands of apps in Nigeria already allow you to pay local bills from the comfort of your home. However, […] The post 8 Best Apps to Buy Airtime and Pay International Bills Online in Nigeria (2026) appeared first on Tekedia.

The cryptocurrency industry continues to demonstrate its financial strength while confronting persistent security challenges, as Tether reports $1.5 billion in third-quarter operating profit and excess reserves approaching $7.95 billion. At the same time, the United States Secret Service has frozen a significant portion of funds connected to a theft exceeding $6 billion from Binance. These […] The post Tether Reports $1.5B Q3 Profit as US Secret Service Freezes Funds Linked to Binance Theft appeared first on Tekedia.

Apple has overtaken Nvidia to reclaim its position as the world’s most valuable publicly traded company by market capitalization, highlighting the continuing competition between technology giants for leadership in the global stock market. The development underscores the strength of Apple’s consumer technology business and demonstrates how investor sentiment can shift between established technology companies and […] The post Apple Overtakes Nvidia to Reclaim World’s Most Valuable Company Title appeared first on Tekedia.

OpenAI has reportedly reduced its fundraising target to $20 billion while seeking a valuation of approximately $1.25 trillion, according to the Financial Times. The development highlights the extraordinary capital requirements of the artificial intelligence industry, where leading companies are competing to develop increasingly powerful models, expand computing infrastructure, and establish commercial dominance. Despite the reported […] The post OpenAI Cuts Funding Target to $20 Billion at $1.25 Trillion Valuation appeared first on Tekedia.