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Technology
The Nigerian founders who turned travel frustrations into a fintech 
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New Kindle glowing at the edges? Amazon says that’s expected
New Kindle glowing at the edges? Amazon says that’s expected Some 2026 Kindle owners see a glow at the screen edges. Amazon says it comes from the new design. Here is how to test yours and what to do. TechCity
Tech City NG -
Microsoft 365 Family plans will share 2 TB of storage. Here’s what to do
Microsoft 365 Family plans will share 2 TB of storage. Here’s what to do Microsoft 365 Family and Premium plans now share 2 TB instead of 1 TB each. Here is when it hits your plan and what to do if you use more. TechCity
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How to check if your email or password was in a data breach (and what to do next)
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Elon Musk Says SpaceX Reaching a $1 Quadrillion Valuation Is A “Possible” Outcome
Elon Musk is increasingly bullish on SpaceX’s long-term growth prospects, as the billionaire entrepreneur continues to outline an ambitious future for the aerospace company. Musk believes the company’s expanding space exploration ambitions, and advancements in rocket technology could unlock unprecedented value, even suggesting that SpaceX reaching a $1 quadrillion valuation is a “possible” outcome. In […] The post Elon Musk Says SpaceX Reaching a $1 Quadrillion Valuation Is A “Possible” Outcome appeared first on Tekedia.
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Paxos’ $3 Billion USDG Stablecoin Launches on Arbitrum With Proposed 100 Million ARB Incentives
Paxos’ USDG stablecoin is expanding to Arbitrum, marking another important step in the growing competition among dollar-pegged digital assets. The move brings a stablecoin with roughly $3 billion in circulation into one of the leading Ethereum layer-2 ecosystems, while a proposed incentive program of 100 million ARB could accelerate adoption across decentralized finance. USDG is […] The post Paxos’ $3 Billion USDG Stablecoin Launches on Arbitrum With Proposed 100 Million ARB Incentives appeared first on Tekedia.
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US Submarine Manufacturing Gets a Multibillion-Dollar Boost
Palmer Luckey’s Anduril Industries and the U.S. Navy are making a multibillion-dollar bet on America’s ability to build the submarines and naval systems it needs for the future. The investment is centered on a new shipyard designed to produce critical components for submarines, highlighting how Washington is increasingly turning to private technology companies to strengthen […] The post US Submarine Manufacturing Gets a Multibillion-Dollar Boost appeared first on Tekedia.
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Why the Global Bond Market Sell-Off Could Be Coming to an End
The global bond market may finally be showing signs that one of its most difficult sell-offs is losing momentum. After weeks of rising yields, growing inflation concerns and renewed uncertainty about interest rates, market professionals are beginning to see conditions that could point toward stabilization. The artificial intelligence industry is confronting a very different kind […] The post Why the Global Bond Market Sell-Off Could Be Coming to an End appeared first on Tekedia.
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SpaceX Moves to Challenge US Wireless Carriers With $8 Billion Low-band Spectrum Deal
SpaceX has agreed to acquire a nationwide portfolio of low-band wireless spectrum for about $8 billion, strengthening Elon Musk’s ambition to turn Starlink Mobile into a direct competitor to established US telecommunications operators and potentially reduce its dependence on conventional cellular infrastructure. The transaction, involving 100% of private-equity firm Grain Management’s nationwide 800 MHz spectrum […] The post SpaceX Moves to Challenge US Wireless Carriers With $8 Billion Low-band Spectrum Deal appeared first on Tekedia.
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Consumer Prices Would Have Fallen Without Trump’s Tariffs, New York Fed Says
Consumer prices in the United States could have declined if not for President Donald Trump’s tariffs, according to an analysis by the Federal Reserve Bank of New York. The findings highlight the growing influence of trade policy on inflation, household purchasing power and the broader American economy. As businesses and consumers continue to navigate elevated […] The post Consumer Prices Would Have Fallen Without Trump’s Tariffs, New York Fed Says appeared first on Tekedia.
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China Resumes October Fuel Exports As Global Diesel and Jet Fuel Markets Face Supply Squeeze
China is set to resume refined fuel exports in October after a temporary suspension during its Golden Week holiday, a move expected to provide some relief to tight global markets for diesel, gasoline and aviation fuel as geopolitical conflicts continue to disrupt supplies. Beijing has approved exports of around 3.7 million metric tons of the […] The post China Resumes October Fuel Exports As Global Diesel and Jet Fuel Markets Face Supply Squeeze appeared first on Tekedia.
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USA Today Sues OpenAI for More Than $250 Million Over Alleged Copyright Infringement
USA Today Co. and several newspapers it owns have sued OpenAI in a Manhattan federal court, accusing the artificial intelligence company of copying hundreds of thousands of news articles and other copyrighted materials without permission to train the technology behind ChatGPT. The lawsuit, filed on Thursday in the US District Court for the Southern District […] The post USA Today Sues OpenAI for More Than $250 Million Over Alleged Copyright Infringement appeared first on Tekedia.
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OPay files for a New York listing: what its numbers say about your app
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Alphabet’s 20-Year Nuclear Energy Deal Signals the Growing Cost of the AI Boom
Alphabet, Google’s parent company, has taken another significant step toward securing the energy needed to power its expanding artificial intelligence infrastructure. The company has signed a 20-year agreement to purchase 890 megawatts of nuclear energy from Constellation Energy, placing it alongside Microsoft, Meta, and Amazon in the race to secure reliable electricity for the next […] The post Alphabet’s 20-Year Nuclear Energy Deal Signals the Growing Cost of the AI Boom appeared first on Tekedia.
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Dow Futures Fall Nearly 500 Points as Oil Surges Over 5% and Treasury Yields Hit 24-Year Highs
The U.S. stock market is facing renewed pressure as Dow futures fall nearly 500 points, oil prices surge more than 5%, and Treasury yields climb to levels not seen in 24 years. The combination of rising energy costs and increasing borrowing expenses has heightened investor concerns about inflation, economic growth, and the future direction of […] The post Dow Futures Fall Nearly 500 Points as Oil Surges Over 5% and Treasury Yields Hit 24-Year Highs appeared first on Tekedia.
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SpaceX Says Starlink Will Become a Major US Mobile Carrier as AT&T, Verizon and T-Mobile Shares Plunge
SpaceX is preparing to challenge the traditional American telecommunications industry with its ambitious plan to transform Starlink into a major mobile carrier in the United States. The announcement has raised concerns among established telecom operators, with AT&T, Verizon and T-Mobile reportedly experiencing share price declines of more than 7% each. The development highlights how satellite […] The post SpaceX Says Starlink Will Become a Major US Mobile Carrier as AT&T, Verizon and T-Mobile Shares Plunge appeared first on Tekedia.
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US Bitcoin Transfer and Uranium Finance Theft Conviction Highlight Crypto Security Risks
The cryptocurrency industry is once again confronting serious questions about security, law enforcement, and the management of stolen digital assets following two significant developments. The United States government has reportedly moved more than $1 billion worth of Bitcoin seized in connection with the Bitfinex hack to an unknown wallet, while a jury has convicted a […] The post US Bitcoin Transfer and Uranium Finance Theft Conviction Highlight Crypto Security Risks appeared first on Tekedia.
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OpenAI’s Annualized Revenue Nears $50 Billion, Falling $20 Billion Short of Expectations
OpenAI has reportedly told investors that its annualized revenue is approaching $50 billion, highlighting the remarkable growth of the artificial intelligence industry while raising questions about whether the company can meet the enormous expectations surrounding its business. Despite generating billions of dollars from its AI products and services, the reported figure remains roughly $20 billion […] The post OpenAI’s Annualized Revenue Nears $50 Billion, Falling $20 Billion Short of Expectations appeared first on Tekedia.
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Apple Reportedly Cuts iPhone 18 Pro Component Orders as Memory Costs and Higher Prices Weigh on Demand
Apple has reportedly asked some suppliers to reduce production of components for its newly launched iPhone 18 Pro and iPhone 18 Pro Max, as rising memory chip costs and higher retail prices put pressure on consumer demand and complicate the company’s efforts to sustain sales growth. The iPhone maker has become more cautious about shipments […] The post Apple Reportedly Cuts iPhone 18 Pro Component Orders as Memory Costs and Higher Prices Weigh on Demand appeared first on Tekedia.
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Blockchain Scalability and AI Innovation: Sui, Polygon, TRON, and Nous Research Drive the Next Digital Revolution
The blockchain and artificial intelligence industries continue to evolve as developers pursue faster transactions, improved interoperability, and more capable AI systems. Recent developments involving Sui Network, Polygon Labs, TRON, and Nous Research highlight how technological innovation and significant investment are shaping the future of digital infrastructure. From an ambitious transaction-processing milestone to simplified stablecoin transfers […] The post Blockchain Scalability and AI Innovation: Sui, Polygon, TRON, and Nous Research Drive the Next Digital Revolution appeared first on Tekedia.
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Wall Street Turns Nvidia AI Chips into Collateral As Investors Build A New Market For Computing Power
Wall Street is building a financial ecosystem around Nvidia’s artificial intelligence chips, as banks explore lending against graphics processing units (GPUs), insurers develop ways to protect their value, and investors seek opportunities to trade computing capacity as a financial asset. The emerging market represents a new phase in the AI investment boom. As demand for […] The post Wall Street Turns Nvidia AI Chips into Collateral As Investors Build A New Market For Computing Power appeared first on Tekedia.
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Gold Rises 1.4% as Trump’s Iran Restraint Eases Oil Prices, Dollar Weakens
Gold prices rose more than 1% on Friday as falling oil prices and a softer US dollar supported bullion, giving the precious metal room to recover from recent losses even as expectations of further Federal Reserve interest-rate increases continued to limit its upside. Spot gold gained 1.4% to $4,189.99 an ounce by 0842 GMT, putting […] The post Gold Rises 1.4% as Trump’s Iran Restraint Eases Oil Prices, Dollar Weakens appeared first on Tekedia.
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ARTEX Developer Shuts Down Public AI Agent After CrowdStrike Reports South Korean Bank Cyberattacks
The developer of ARTEX, a Chinese-developed artificial intelligence agent identified by cybersecurity investigators as a tool used in a recent cyberattack campaign against South Korean banks, has withdrawn the software from public development and announced plans to convert it into a closed-source project. The developer, who uses the GitHub handle “Autumn-27”, announced the decision on […] The post ARTEX Developer Shuts Down Public AI Agent After CrowdStrike Reports South Korean Bank Cyberattacks appeared first on Tekedia.
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Flock Safety to Cut 270 Jobs As Surveillance Technology Faces Growing Privacy Backlash
Flock Safety plans to lay off approximately 270 employees, or 18% of its workforce, as the maker of AI-powered surveillance cameras and automated license-plate readers faces mounting opposition from communities, lawmakers and privacy advocates over how its technology is deployed and how the data it collects is used. The planned reductions follow a voluntary separation […] The post Flock Safety to Cut 270 Jobs As Surveillance Technology Faces Growing Privacy Backlash appeared first on Tekedia.
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OpenAI’s September Revenue Run Rate Falls Short of $70 Billion Signal, Report Says
OpenAI has told investors that its annualized revenue run rate for September was nearly $50 billion, significantly below the figure approaching $70 billion that the artificial intelligence company had previously indicated, underpinning the difficulty of comparing the finances of fast-growing AI businesses as they prepare for potential public listings. The discrepancy arose mainly from an […] The post OpenAI’s September Revenue Run Rate Falls Short of $70 Billion Signal, Report Says appeared first on Tekedia.
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OpenAI Defends Firing of Three Safety Researchers Amid Growing Concerns Over Rogue AI Systems
OpenAI has defended its decision to dismiss three safety researchers after they raised concerns about the company’s approach to advanced artificial intelligence, insisting that the terminations followed a breach of internal policies rather than retaliation against employees who questioned its safety practices. The company said on Friday that Jasmine Wang, Tomek Korbak and Mikita Balesni […] The post OpenAI Defends Firing of Three Safety Researchers Amid Growing Concerns Over Rogue AI Systems appeared first on Tekedia.
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European Industry Groups Demand Tougher EU Trade Measures Against China as Manufacturing Faces Pressure
Forty-four European industry associations have urged the European Union to strengthen its response to Chinese trade practices, warning that growing import competition and market distortions are threatening the bloc’s manufacturing base and increasing the risk of further job losses. The associations, representing industries including metals, chemicals and automotive parts, called on EU member states on […] The post European Industry Groups Demand Tougher EU Trade Measures Against China as Manufacturing Faces Pressure appeared first on Tekedia.
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Five months after running out of capital, Chimoney gets a new owner
TechCabal -
McKinsey Says AI Only Makes Employees Productive, Not Yet Translating Into Enterprise-Wide Results
Companies are discovering that giving employees access to artificial intelligence tools does not automatically translate into higher corporate productivity or stronger profits, as individual workers complete tasks faster without necessarily improving the performance of the wider organization. Eric Kutcher, a senior partner and chair of McKinsey North America, said on Wednesday that although AI is […] The post McKinsey Says AI Only Makes Employees Productive, Not Yet Translating Into Enterprise-Wide Results appeared first on Tekedia.
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Bitcoin Falls to a 17-Day Low as $100 Billion Wipes Off Crypto Market Value
Bitcoin has come under renewed selling pressure, falling below $81,000 before trading around $82,960, marking its lowest level in 17 days. The decline has intensified concerns about the short-term direction of the cryptocurrency market. As approximately $100 billion disappears from the total crypto market capitalization and U.S. spot Bitcoin exchange-traded funds record $244 million in […] The post Bitcoin Falls to a 17-Day Low as $100 Billion Wipes Off Crypto Market Value appeared first on Tekedia.
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Lagos Life: the viral browser game now worth $10 million on paper
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Lagos Life: How a Whim Inspired a Nigerian Simulation Game Reportedly Valued at $10 Million
Nigeria’s gaming industry may have found another reason to attract attention, and this time, it comes from the vibrant streets of Lagos. Lagos Life, a simulation game inspired by the chaos, culture, and charm of Nigeria’s commercial capital, has reportedly reached a $10 million valuation just three days after incorporation. The development follows a $500,000 […] The post Lagos Life: How a Whim Inspired a Nigerian Simulation Game Reportedly Valued at $10 Million appeared first on Tekedia.
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Hunter Biden Criticizes Market Makers Over LAPTOP Collapse
Hunter Biden’s criticism of market makers over the failure of LAPTOP highlights the growing tensions between cryptocurrency projects, market participants, and the broader digital asset industry. His remarks have drawn attention to the challenges faced by cryptocurrency ventures attempting to establish themselves in a competitive market where liquidity, investor confidence, and trading activity can determine […] The post Hunter Biden Criticizes Market Makers Over LAPTOP Collapse appeared first on Tekedia.
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What an October Fed Hold Would Mean for Bitcoin and Which Stocks Could Shine if the Bubble Bursts
Financial markets are approaching a critical moment as investors assess the possibility that the United States Federal Reserve will leave interest rates unchanged in October. Concerns about inflated valuations across technology, artificial intelligence, and other speculative investments have raised questions about which assets could survive a significant market correction. For Bitcoin investors and stock market […] The post What an October Fed Hold Would Mean for Bitcoin and Which Stocks Could Shine if the Bubble Bursts appeared first on Tekedia.
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Anthropic Launches Claude Haiku 5.5 as OpenAI Rolls Out GPT-6 and Interactive ChatGPT Features
The artificial intelligence industry continues to evolve as leading companies introduce increasingly sophisticated models and new ways for users to interact with technology. Anthropic’s launch of Claude Haiku 5.5, described as its first Haiku model with effort controls, highlights the growing importance of flexibility and efficiency in AI development. Meanwhile, OpenAI’s rollout of GPT-6 and […] The post Anthropic Launches Claude Haiku 5.5 as OpenAI Rolls Out GPT-6 and Interactive ChatGPT Features appeared first on Tekedia.
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Oracle, Broadcom and SpaceX Turn to Debt Markets to Fund AI Chips
The rapid growth of artificial intelligence is driving some of the world’s largest technology companies to seek new sources of financing. Oracle, Broadcom and SpaceX are reportedly pursuing debt deals to support their artificial intelligence infrastructure and chip-related ambitions. Their financing plans highlight the enormous capital required to compete in the AI industry, where companies […] The post Oracle, Broadcom and SpaceX Turn to Debt Markets to Fund AI Chips appeared first on Tekedia.
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