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Technology
“Every Time Bitcoin Was Declared Dead, It Was the Best Time to Buy” – Binance Founder Changpeng Zhao Says
Binance founder Changpeng Zhao, popularly known as CZ, has reminded the crypto community that proclamations of Bitcoin’s demise have a long track record of proving that those moments are excellent buying opportunities. In a post on X, CZ wrote, “Bitcoin is dead’ was said by many, many times before. Those were also the best times […] The post “Every Time Bitcoin Was Declared Dead, It Was the Best Time to Buy” – Binance Founder Changpeng Zhao Says appeared first on Tekedia.
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SafeBets Could Benefit as Legal Battles Threaten Polymarket and Kalshi
The growing legal battles surrounding prediction market platforms Polymarket and Kalshi are raising important questions about the future of event-based trading in the United States. As state authorities challenge how these platforms operate, a Newsmax opinion column by policy analyst Duggan Flanakin presents SafeBets as a potential alternative that could benefit from tighter gambling regulations. […] The post SafeBets Could Benefit as Legal Battles Threaten Polymarket and Kalshi appeared first on Tekedia.
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Meta’s Massive Deal for Zuckerberg Proves Executives Aren’t Exempt From IRL Work
Meta’s massive deal involving Mark Zuckerberg highlights an important reality about modern corporate leadership: even the most powerful executives cannot completely escape the demands of real-world work. As artificial intelligence transforms workplaces and companies invest billions of dollars in automation, Zuckerberg’s arrangement demonstrates that leadership still requires personal involvement, physical presence, and direct engagement with […] The post Meta’s Massive Deal for Zuckerberg Proves Executives Aren’t Exempt From IRL Work appeared first on Tekedia.
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TikTok US Seeks Four Gigawatts of Computing Capacity as AI Infrastructure Demand Surges
TikTok’s US business is seeking to secure as much as four gigawatts of computing capacity by the early 2030s, positioning the social media platform among companies competing for long-term access to the infrastructure needed to support artificial intelligence and increasingly demanding digital services. The company, officially known as TikTok USDS Joint Venture, has explored opportunities […] The post TikTok US Seeks Four Gigawatts of Computing Capacity as AI Infrastructure Demand Surges appeared first on Tekedia.
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US Telecom Stocks Fall as SpaceX’s Wireless Ambitions Threaten Established Carriers
US telecommunications stocks fell on Friday after a report that SpaceX was seeking access to at least 80,000 cellular sites to build a nationwide wireless network, intensifying concerns that Elon Musk’s company could become a formidable new competitor to established mobile operators. AT&T shares dropped 5.6% to their lowest level in more than three months, […] The post US Telecom Stocks Fall as SpaceX’s Wireless Ambitions Threaten Established Carriers appeared first on Tekedia.
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American Express Cuts 5% of Global Workforce to Prepare For AI
American Express announced it will eliminate roughly 5% of its global workforce, affecting approximately 3,850 employees, as part of a restructuring effort aimed at making the company leaner, more agile, and better prepared for artificial intelligence. The move was confirmed by Chief Financial Officer Christophe Le Caillec, who stated that the cuts will help the […] The post American Express Cuts 5% of Global Workforce to Prepare For AI appeared first on Tekedia.
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Australia’s Zip Co Shares Plunge 50% After US Fraud Incident Raises Concerns Over Onboarding Controls
Australian buy now, pay later provider Zip Co suffered its steepest intraday share-price decline on record on Friday after disclosing that an external fraud incident in the United States had disrupted transaction volumes and new customer growth during its fiscal first quarter, raising fresh concerns about its account-opening controls and operating costs. Shares in Zip […] The post Australia’s Zip Co Shares Plunge 50% After US Fraud Incident Raises Concerns Over Onboarding Controls appeared first on Tekedia.
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Pump.fun Makes Pump Bridge Its Default Cross-Chain Route as Fomo Announces Internal Bridge
The cryptocurrency industry continues to prioritize faster transactions and improved blockchain connectivity as decentralized finance platforms compete to attract users. Pump.fun, a popular Solana-based memecoin launchpad, has made Pump Bridge its default cross-chain route, claiming that the integration can deliver purchases twice as fast. Meanwhile, Fomo has announced its own internal bridge, highlighting the growing […] The post Pump.fun Makes Pump Bridge Its Default Cross-Chain Route as Fomo Announces Internal Bridge appeared first on Tekedia.
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Bybit Receives VARA Approval to Offer Spot Exchange Services in Dubai
Cryptocurrency exchange Bybit has received approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to offer spot exchange services in the emirate, marking another significant development in the company’s efforts to expand its regulated presence in the global digital asset market. The approval strengthens Bybit’s position in Dubai, a growing cryptocurrency hub that has attracted exchanges, […] The post Bybit Receives VARA Approval to Offer Spot Exchange Services in Dubai appeared first on Tekedia.
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Microsoft’s GPT-5 Diagnostic Orchestrator Raises Questions About AI’s Future in Healthcare
Microsoft’s GPT-5 Diagnostic Orchestrator is highlighting the growing potential of artificial intelligence to transform medical diagnosis, as new claims suggest the system can identify health conditions up to four times more accurately than doctors in certain diagnostic evaluations. The development underscores how advanced AI models could support clinicians, improve diagnostic decisions and potentially reduce errors […] The post Microsoft’s GPT-5 Diagnostic Orchestrator Raises Questions About AI’s Future in Healthcare appeared first on Tekedia.
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SpaceX Seeks Access to 80,000 US Wireless Sites as Musk Targets Nationwide Mobile Network
SpaceX is in talks with cellular infrastructure companies to secure access to at least 80,000 sites across the United States, Bloomberg News reported on Thursday, as Elon Musk’s space company advances plans to build a nationwide wireless network that could challenge established mobile carriers. The proposed agreements would potentially strengthen SpaceX’s path towards becoming the […] The post SpaceX Seeks Access to 80,000 US Wireless Sites as Musk Targets Nationwide Mobile Network appeared first on Tekedia.
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Polymarket Fires CMO as HSBC Launches RedCoin Stablecoin to 3.3 Million Hong Kong Users
The cryptocurrency industry is experiencing significant changes as companies strengthen internal oversight while expanding digital asset adoption. Polymarket has reportedly dismissed its chief marketing officer, Matthew Modabber, following an internal investigation into alleged marketing misconduct. Meanwhile, HSBC is advancing its digital payment strategy by rolling out its RedCoin stablecoin to 3.3 million PayMe users in […] The post Polymarket Fires CMO as HSBC Launches RedCoin Stablecoin to 3.3 Million Hong Kong Users appeared first on Tekedia.
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Blur Scales Back NFT Trading as Uniswap Labs Launches Aggregator Hooks Across Three Blockchain Networks
The cryptocurrency industry continues to evolve as platforms adjust their strategies to changing market conditions and pursue new opportunities in decentralized finance. Blur’s decision to deprecate its NFT marketplace frontend and halt Blend loan matching on November 12 highlights the challenges facing digital collectibles and NFT lending. Meanwhile, Uniswap Labs has introduced aggregator hooks on […] The post Blur Scales Back NFT Trading as Uniswap Labs Launches Aggregator Hooks Across Three Blockchain Networks appeared first on Tekedia.
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Circle Shareholder Sues Trump and World Liberty Financial Over UAE-Linked Crypto Deals
A shareholder of Circle Internet Group has filed a lawsuit involving President Donald Trump and cryptocurrency venture World Liberty Financial over alleged conflicts of interest connected to United Arab Emirates-linked digital asset deals. The case highlights growing scrutiny of the relationship between political power, private cryptocurrency businesses, and foreign investment as digital assets become increasingly […] The post Circle Shareholder Sues Trump and World Liberty Financial Over UAE-Linked Crypto Deals appeared first on Tekedia.
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Nasdaq 100 Suffers Biggest Drop Since June 5 as Technology Stocks Face Renewed Pressure
The Nasdaq 100 suffered a sharp decline, closing down 2.9% in its biggest single-day drop since June 5. The sell-off highlights growing uncertainty across financial markets as investors reassess technology stock valuations, corporate earnings expectations, and the economic outlook. The index, which tracks 100 of the largest non-financial companies listed on the Nasdaq Stock Market, […] The post Nasdaq 100 Suffers Biggest Drop Since June 5 as Technology Stocks Face Renewed Pressure appeared first on Tekedia.
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US Spot Bitcoin ETFs Record $635.6 Million Outflow, Largest Since June 25
The United States spot Bitcoin exchange-traded fund (ETF) market has experienced a significant setback after recording $635.6 million in net outflows, marking its largest single-day withdrawal since June 25. The development highlights growing uncertainty among cryptocurrency investors as market participants reassess their exposure to Bitcoin amid changing economic conditions, volatile prices, and shifting expectations about […] The post US Spot Bitcoin ETFs Record $635.6 Million Outflow, Largest Since June 25 appeared first on Tekedia.
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Brent Crude Tops $115 as Reported Houthi Strikes on Saudi Oil Sites Fuel Supply Fears
Brent crude oil prices have climbed above $115 per barrel, reaching a five-month high as reports of Houthi strikes on Saudi Arabian oil facilities intensified concerns about global energy supplies. The development highlights the vulnerability of the international oil market to escalating geopolitical tensions in the Middle East, where disruptions to production, transportation, and exports […] The post Brent Crude Tops $115 as Reported Houthi Strikes on Saudi Oil Sites Fuel Supply Fears appeared first on Tekedia.
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Gold Heads for Steepest Weekly Decline in Four Months as Oil Prices Lift Rate Expectations
Gold prices fell on Friday, putting bullion on course for its sharpest weekly decline in more than four months as elevated oil prices revived inflation concerns, strengthened expectations that interest rates would remain high for longer, and reduced the appeal of non-yielding assets ahead of the Federal Reserve’s next policy meeting. Spot gold fell 0.3% […] The post Gold Heads for Steepest Weekly Decline in Four Months as Oil Prices Lift Rate Expectations appeared first on Tekedia.
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SK Hynix Shares Rebound 4.4% After Abandoning Solidigm IPO Review Amid AI Memory Boom
SK Hynix shares rose 4.4% on Friday after the South Korean chipmaker halted its review of a potential US initial public offering for its subsidiary Solidigm, easing investor concerns about governance, shareholder returns and the possibility of separating a valuable AI memory business from the parent company. The stock had fallen as much as 3% […] The post SK Hynix Shares Rebound 4.4% After Abandoning Solidigm IPO Review Amid AI Memory Boom appeared first on Tekedia.
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Future-Proof Naming: Choosing .com Domain Names That Survive a Pivot
Companies tend to pivot to chase new prospects or tap unfamiliar marketplaces. This makes it critical that you pick a domain name that survives these changes. In terms of credibility, you can never go wrong with a .com exit and associated name, but even more so than extension, what name you choose has weight. Thoughtful […] The post Future-Proof Naming: Choosing .com Domain Names That Survive a Pivot appeared first on Tekedia.
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What Branch Design Trends Are Shaping Retail Banking Right Now
Retail banking branches serve customers who handle routine transactions online but still need help with complex decisions. Their physical spaces must support quick service, private conversations, and clear wayfinding without pushing every visitor through the same process. As banks update locations, design choices focus on adaptable layouts, accessible service points, and unobtrusive technology. These priorities […] The post What Branch Design Trends Are Shaping Retail Banking Right Now appeared first on Tekedia.
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Nasdaq Slides 2.6% as Meta’s AI Spending Raises Fresh Doubts Over Tech Rally
Wall Street’s technology shares suffered their steepest sell-off in months on Thursday as disappointing investor reactions to high-profile earnings reports revived concerns about the cost of the artificial intelligence boom and its potential to reward investors. The Nasdaq Composite fell 2.60%, losing 694 points to close at 26,008.86, its largest daily percentage decline since early […] The post Nasdaq Slides 2.6% as Meta’s AI Spending Raises Fresh Doubts Over Tech Rally appeared first on Tekedia.
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Global Tech Sell-Off Eases as AI Funding Fears Rattle Markets, Oil Surges to $114
Global technology stocks stabilized on Friday after a sharp sell-off driven by concerns over the enormous financing requirements of artificial intelligence, while renewed geopolitical tensions pushed oil prices to a five-month high and kept investors on edge. Asian markets provided some relief after Wall Street’s losses, although European equities remained under pressure. The STOXX Europe […] The post Global Tech Sell-Off Eases as AI Funding Fears Rattle Markets, Oil Surges to $114 appeared first on Tekedia.
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Elon Musk Predicts AI And Robots Could Make Traditional Money Obsolete
Tesla and SpaceX CEO Elon Musk has said that advances in artificial intelligence, robotics, and space exploration could fundamentally transform the global economy. According to Musk such rapid development could potentially make conventional money irrelevant as technological abundance reduces the need for traditional financial systems. The billionaire entrepreneur shared the outlook during a conversation with […] The post Elon Musk Predicts AI And Robots Could Make Traditional Money Obsolete appeared first on Tekedia.
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Japan Inflation Returns Above 2% Target, Strengthening Case for Further BOJ Rate Hikes
Japan’s core consumer inflation accelerated above the Bank of Japan’s 2% target in September for the first time in nine months, strengthening expectations that the central bank will continue raising interest rates as energy costs, yen weakness and demand linked to artificial intelligence add to price pressures. Government data released on Friday showed that the […] The post Japan Inflation Returns Above 2% Target, Strengthening Case for Further BOJ Rate Hikes appeared first on Tekedia.
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Chery Targets 70% Overseas Vehicle Production by 2030 as Chinese Carmakers Expand Globally
Chinese automaker Chery plans to manufacture 70% of the vehicles it exports outside China by 2030, accelerating a shift towards local production as the company expands into international markets and seeks to strengthen its position against established global carmakers. Executive Vice President Zhang Guibing said on Friday that vehicles manufactured overseas accounted for about 48% […] The post Chery Targets 70% Overseas Vehicle Production by 2030 as Chinese Carmakers Expand Globally appeared first on Tekedia.
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Florida Proposes Law to Restrict Teen Social Media Use and AI Chatbots After Court Rejects Meta Order
Florida Attorney General James Uthmeier has proposed legislation requiring social media platforms to impose stricter limits on teenagers’ use of their services, days after a judge rejected the state’s attempt to force Meta Platforms to overhaul Instagram and Facebook for young users. The proposed Safe Screens Act would introduce new obligations for app stores, social […] The post Florida Proposes Law to Restrict Teen Social Media Use and AI Chatbots After Court Rejects Meta Order appeared first on Tekedia.
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Major US Banks Restrict Access for Third-Party AI Agents After Unauthorized Actions
Major banks in the United States are tightening restrictions on third-party artificial intelligence agents after concerns that automated systems have performed unauthorized actions while accessing financial accounts. The development highlights growing tensions between the rapid adoption of AI technology and the need to protect customers, financial information, and banking infrastructure from emerging digital risks. AI […] The post Major US Banks Restrict Access for Third-Party AI Agents After Unauthorized Actions appeared first on Tekedia.
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China Approves DeepSeek and MiniMax AI Models for Global Use Amid Proposed Export Controls
China has approved AI developers DeepSeek and MiniMax to make their artificial intelligence models available globally, according to a social media account affiliated with state broadcaster CCTV, highlighting Beijing’s effort to expand the international reach of its AI industry while tightening oversight of technologies considered sensitive to national security. A post published on Thursday by […] The post China Approves DeepSeek and MiniMax AI Models for Global Use Amid Proposed Export Controls appeared first on Tekedia.
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AI Hacking Panic Over Crypto is Misplaced, Binance Founder Changpeng Zhao Argues
Binance founder Changpeng Zhao, has pushed back against growing concerns that artificial intelligence could threaten the security of cryptocurrencies, noting that the fears are overstated. CZ acknowledged that AI could cause significant damage to the cryptocurrency industry without directly breaking Bitcoin’s cryptographic protections. He pointed to phishing attacks, social engineering and the misuse of leaked […] The post AI Hacking Panic Over Crypto is Misplaced, Binance Founder Changpeng Zhao Argues appeared first on Tekedia.
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Google’s Pichai Says Fully Self-Improving AI Remains Years Away as Models Help Build Successors
Google CEO Sundar Pichai has said the company remains far from achieving fully autonomous artificial intelligence capable of recursively improving itself, even as its researchers increasingly use AI agents to help develop more advanced models. Speaking on the Big Technology Podcast this week, Pichai described an early stage of recursive self-improvement (RSI), in which AI […] The post Google’s Pichai Says Fully Self-Improving AI Remains Years Away as Models Help Build Successors appeared first on Tekedia.
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Jio Platforms IPO Demand Tops $16bn as Mukesh Ambani’s $3.2bn Offering Draws Strong Bids
Jio Platforms, the telecommunications and digital services business controlled by Indian billionaire Mukesh Ambani, attracted more than $16 billion in potential demand by the final day of bidding for its $3.2 billion initial public offering, signaling strong investor appetite for one of India’s most closely watched stock market listings. Public subscriptions exceeded seven times the […] The post Jio Platforms IPO Demand Tops $16bn as Mukesh Ambani’s $3.2bn Offering Draws Strong Bids appeared first on Tekedia.
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Meta Reaches Deal to Keep Zuckerberg in California Over Proposed Billionaire Tax
Meta Platforms has reached an agreement with CEO Mark Zuckerberg to keep him in California after he warned the company he was considering leaving the state over a proposed one-time tax on billionaires. The arrangement, outlined in a regulatory filing, gives Zuckerberg access to newly created non-voting shares he can sell to cover a potential […] The post Meta Reaches Deal to Keep Zuckerberg in California Over Proposed Billionaire Tax appeared first on Tekedia.
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Meta Reports $64.6 Billion in Q3 Revenue, Beating Expectations Despite Major Legal Charge
Meta Platforms delivered a strong third-quarter performance, reporting $64.6 billion in revenue for the period ended September 30, 2026. The company posted a 26 percent increase from the same quarter last year, well ahead of analyst expectations of about $63.4 billion. The results were driven almost entirely by advertising, which generated $63.1 billion, also up […] The post Meta Reports $64.6 Billion in Q3 Revenue, Beating Expectations Despite Major Legal Charge appeared first on Tekedia.
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Elon Musk Reportedly Invests $1bn in Skydance as Paramount Targets $6bn in Cost Cuts
Elon Musk has invested approximately $1 billion in Skydance, the newly formed media company created following Paramount’s $110 billion acquisition of Warner Bros. Discovery, according to a report by Semafor. The investment adds another major financial backer to the company as it attempts to integrate a sprawling entertainment business, reduce costs, and improve its market […] The post Elon Musk Reportedly Invests $1bn in Skydance as Paramount Targets $6bn in Cost Cuts appeared first on Tekedia.
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Google and Elba Hope Foundation Launch $1 Million AI Initiative for African Creators
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