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.

Northwood Space has raised $375 million in a Series C funding round that values the satellite infrastructure startup at $2 billion, as investors increase their exposure to technologies supporting the expansion of commercial and government space operations. The funding round was co-led by Andreessen Horowitz and DFJ Growth, marking a substantial increase in the company’s […] The post Northwood Space Raises $375m at $2bn Valuation to Expand Satellite Infrastructure appeared first on Tekedia.

Indian equities rose sharply on Monday, taking benchmark indices to their highest levels in nearly two months as stronger-than-expected earnings from Reliance Industries, falling crude oil prices and expectations of tax relief for equity investors improved market sentiment. The Nifty 50 advanced 1.68% to 23,440.80, while the BSE Sensex gained 1.66% to close at 75,692.78. […] The post Indian Stocks Hit Two-Month High as Reliance Rally, Lower Oil Prices Lift Sentiment appeared first on Tekedia.

Reports of unauthorized attackers sweeping hot wallets associated with BTCPay Server installations have raised serious concerns about cryptocurrency security, prompting an urgent warning for operators to shut down their instances while an investigation proceeds. The alert highlights the persistent risks facing digital asset infrastructure and reinforces the importance of protecting private keys, wallet credentials, and […] The post BTCPay Server Issues Emergency Shutdown Warning Amid Hot Wallet Attack Reports appeared first on Tekedia.

The digital asset industry is entering a new phase in which institutional adoption depends not only on cryptocurrency trading but on secure infrastructure, regulatory compliance, and operational flexibility. In Nigeria, Shiga is positioning itself to address these requirements through infrastructure that allows clients to manage digital assets according to their individual security and operational needs. […] The post Shiga Advances Nigeria’s Digital Asset Infrastructure With WDK Technology appeared first on Tekedia.

Acecore, a Nigerian startup that builds home energy storage systems, won the $10,000 grand prize at TC Battlefield 2026.

The growing conflict between traditional financial markets and blockchain-based trading is entering a new phase as 50 companies, collectively valued at more than $25 trillion, have reportedly objected to tokenized versions of their shares on OKXICE. The latest objections include major corporations such as Nvidia, Nike, and Micron, highlighting increasing tensions over who controls the […] The post Traditional Finance vs. Crypto: The Growing Battle Over Tokenized Equities appeared first on Tekedia.

European stocks edged lower on Monday as investors assessed the fallout from Friday’s technology-led selloff on Wall Street, while a sharp decline in oil prices offered some relief amid renewed hopes for a diplomatic settlement to the Iran war. The STOXX 600 fell 0.10%, although European technology shares gained 0.30%, suggesting some stabilization after the […] The post European Stocks Slip as Investors Weigh AI Spending Risks, Iran Peace Prospects and US Midterm Elections appeared first on Tekedia.

Elon Musk has acknowledged that the cost of running SpaceX’s AI agent Grok Bot is outpacing the revenue it generates, exposing a financial challenge for the company as demand for AI-powered services grows and competition intensifies across the industry. The SpaceX chief executive said on Sunday that the cost of serving the agent was “unsustainably […] The post Elon Musk Says Grok Bot’s High Computing Costs Are Unsustainable as Users Face Tighter Limits appeared first on Tekedia.

Binance, the world’s largest cryptocurrency exchange, has begun restoring customer withdrawals in phases, just days after suffering the biggest crypto heist on record. The exchange said it had covered approximately 95 percent of the roughly $6.3 billion stolen from its hot wallets and pledged that users would not bear any financial losses. Announcing the recovery […] The post Binance Resumes Withdrawals After Record $6.3 Billion Hack appeared first on Tekedia.

Gold prices climbed above $3,900 an ounce on Monday as investors returned to the market following bullion’s steepest monthly decline since 2008. A weaker US dollar provided immediate support, but elevated Treasury yields, uncertainty surrounding the Iran conflict and continued losses in technology stocks left the recovery vulnerable. Spot gold rose 0.7% to $3,902.81 an […] The post Gold Rebounds Above $3,900 After Worst Monthly Decline Since 2008, but Treasury Yields Limit Recovery appeared first on Tekedia.

Artificial intelligence is transforming software development, but its growing ability to generate code has introduced a difficult question: who verifies that the code actually works? As AI tools become increasingly capable of building applications, developers are exploring ways to use artificial intelligence to inspect, test, and validate the very code that machines produce. The creator […] The post How AI Agents Are Transforming Software Testing and Debugging appeared first on Tekedia.

Solana blockchain is reinforcing its position as one of the leading networks in decentralized finance after processing approximately $14.2 billion in spot trading volume across decentralized platforms over the past week. The impressive activity comes despite recent declines in the price of its native cryptocurrency, SOL, highlighting a growing distinction between blockchain usage and short-term […] The post Solana Dominates Decentralized Trading With $14.2 Billion in Weekly Spot Volume Despite SOL Price Decline appeared first on Tekedia.