The latest American jobs data is challenging one of the most persistent assumptions surrounding artificial intelligence: that young workers will be among the first and biggest casualties of automation. While AI is undoubtedly disrupting companies, occupations and traditional career paths, the labour market is telling a more complicated story. Rather than simply destroying jobs, AI […] The post Young Workers Defy Fears as AI Creates 1 Million Jobs in America appeared first on Tekedia.

Canada’s decision to impose retaliatory tariffs on American goods marks a significant escalation in the trade dispute between the two North American neighbours. The measures, introduced under Prime Minister Mark Carney, are designed to match the tariffs imposed by the United States after trade negotiations broke down. While President Donald Trump’s position is that the […] The post Canada’s Tariffs Challenge America’s Trade Leverage appeared first on Tekedia.

Introduction In 2022, I wrote a piece titled “Cloud Heavy: Data Computing & Protection”, arguing that proponents of data sovereignty and data localisation would, sooner or later, win the policy argument. At the time, it was a forward-looking observation rather than a live compliance issue: cloud computing was expanding across Nigerian businesses faster than the […] The post CBN Data Localisation Deadline: What to Check Before Signing a Cloud Service Agreement appeared first on Tekedia.

U.S. Senator Cynthia Lummis issued a stark warning this week stating that failure to pass the Digital Asset Market Clarity Act during the current Congress would push the next realistic opportunity for comprehensive cryptocurrency market structure legislation to 2030. In a post on X, Lummis stated, “If the Clarity Act doesn’t pass this Congress, the […] The post “No Clarity Act This Congress Means Waiting Until 2030” – Senator Lummis Warns appeared first on Tekedia.

Reserves fall 6.18% in August as Tokyo’s dollar-selling interventions and rising global bond yields weigh on holdings Japan’s foreign-exchange reserves recorded their sharpest monthly decline since comparable records began in 2000, falling 6.18% in August as Tokyo’s efforts to support the yen coincided with a selloff in global government bonds. Reserves stood at $1.207 trillion […] The post Japan’s Foreign Reserves Suffer Record Drop as Yen Intervention Intensifies appeared first on Tekedia.

The European Central Bank (ECB) is approaching another potentially consequential interest-rate decision as policymakers confront an increasingly difficult economic environment. At Thursday’s meeting, markets expect the ECB to raise interest rates by another quarter of a percentage point, following a similar increase in June. The expected move reflects growing concern that inflation is proving more […] The post ECB Interest Rate Hike: Rising Inflation and Bond Yields Put Europe on Alert appeared first on Tekedia.

China is preparing to inject up to 360 billion yuan ($53.6 billion) into major state-owned insurers and banks, a move analysts say could ease solvency pressures on the insurance sector and give Beijing greater scope to channel long-term institutional capital into the stock market. Five state-owned insurers and three banks announced plans on Sunday to […] The post China’s $53.6 Billion Insurer Recapitalization to Unlock More Stock-Market Investment – Analysts Say appeared first on Tekedia.

Taiwanese electronics manufacturer Wistron Corp, a key supplier to Nvidia, is seeking to raise as much as $1.48 billion from international investors as it expands production to meet surging demand for artificial intelligence servers and related hardware. Wistron launched an offering of 25 million global depositary shares (GDS), each representing 10 of the company’s common […] The post Nvidia Supplier Wistron Seeks Up to $1.48bn from Investors as AI Server Demand Surges appeared first on Tekedia.

Abu Dhabi expands ports, pipelines and alternative trade corridors as Gulf states seek greater economic and security autonomy from the Strait of Hormuz The United Arab Emirates is accelerating efforts to develop alternative routes for energy exports and international trade, seeking to ensure that its economy is not held hostage by the continuing conflict between […] The post “Our Energy Exports Will Not Be Held Hostage:” UAE Accelerates Move to Reroute Energy Exports as Iran War Exposes Gulf Vulnerabilities appeared first on Tekedia.

German rocket maker Isar Aerospace has reached orbit for the first time, marking a major step forward for Europe’s effort to build an independent commercial launch industry and challenge the dominance of U.S. providers such as SpaceX. The Munich-based company’s Spectrum rocket reached low Earth orbit on Saturday and successfully deployed its payloads during its […] The post Europe’s Isar Aerospace Reaches Orbit, Setting Commercial Space Challenge with SpaceX appeared first on Tekedia.

Good People, I am pleased to announce that Contisx Securities Exchange Plc, which is scheduled to launch next month, has received its eighth patent from the Federal Republic of Nigeria. Presented below are the eight patents issued to the Exchange.   System and Method for Structuring, Issuing, Trading, and Settling Standardized Economic Instruments Representing Real-World […] The post 8 Patents Issued by Federal Republic of Nigeria to Contisx appeared first on Tekedia.

The Best Budget Laptops for Students Right Now A good student laptop doesn’t need to cost a fortune. For most students, a laptop needs to handle… TechCity

Escalating attacks on tankers threaten a wider oil shock as investors also confront rising U.S. borrowing costs and mounting fiscal pressures Oil prices hovered near six-week highs on Monday as escalating attacks involving the United States and Iran disrupted commercial shipping through the Strait of Hormuz, raising the prospect of a more severe energy-supply shock […] The post Oil Near $98 as Hormuz Attacks Deepen Supply Risks and Treasury Yields Face 4.8% Test appeared first on Tekedia.

Ethereum co-founder Vitalik Buterin has firmly rejected a prediction that advances in artificial intelligence could undermine Bitcoin’s security and trigger a price drop of more than 50% within two years. In a direct response on X, Buterin said he takes the opposite side of the forecast, noting that roughly 90% of his net worth is […] The post Ethereum co-founder Vitalik Buterin Rejects Claim That AI Could Crash Bitcoin by 50% appeared first on Tekedia.

Germany’s corporate sector is confronting a security challenge that increasingly extends beyond traditional espionage and physical sabotage. According to a survey by the German Economic Institute (IW), one in five companies says it is already feeling the effects of hybrid threats originating from abroad. These threats include cyberattacks, disinformation, espionage and sabotage, highlighting how geopolitical […] The post German Economy Faces New Threat From Cyberattacks, Espionage and Disinformation appeared first on Tekedia.

South Korea and the United States are discussing a potential investment of about $22.3 billion in a Texas gas-fired power project designed to supply electricity to the rapidly expanding network of artificial intelligence data centers, according to South Korean media reports. The project would involve construction of a 6.3-gigawatt gas power plant in Encinal, Texas, […] The post South Korea, U.S. Discuss $22.3 Billion Texas Gas Project to Power AI Data Centers appeared first on Tekedia.

Huawei unveiled its latest flagship tri-fold smartphone series on Monday, doubling down on premium devices as it seeks to protect its lead in China’s competitive high-end handset market against Apple and Xiaomi. The new Mate XT2 series features smartphones that fold twice and expand into tablet-sized displays, making Huawei the only major smartphone brand currently […] The post Huawei Unveils $3,725 Tri-Fold Phone as China Premium Smartphone Battle Intensifies appeared first on Tekedia.

Wall Street is now treating data-center politics as a risk to the artificial intelligence investment boom, with several closely contested U.S. House and Senate races being watched for their potential impact on projects planned by technology companies and hyperscalers. The issue has gained prominence as Microsoft, Alphabet, Amazon, Meta and other technology companies commit hundreds […] The post Data Centers Become 2026 Election Issue as Local Backlash Threatens AI Buildout appeared first on Tekedia.

Days after OpenAI unveiled a new highly capable artificial intelligence model, the company’s chief scientist, Jakub Pachocki, has called for a slowdown in AI development, warning that society is not prepared for the consequences of autonomous and intelligent machines. In a lengthy blog post published Sunday, Pachocki said he was concerned that “no one is […] The post OpenAI Chief Scientist Calls for AI Slowdown, Warns Agents Could Evade Control appeared first on Tekedia.

OPEC+ kept its oil output policy unchanged for October at a meeting on Sunday, holding off on further production adjustments as the group prepares for a more consequential debate over output quotas and production capacity for 2027. The decision was taken by seven core OPEC+ members — Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and […] The post OPEC+ Holds October Oil Policy Steady as Iran War Limits Its Market Power appeared first on Tekedia.

Dr. Doom’ sees a genuine global investment boom, but warns prolonged war, higher bond yields and market corrections could undermine the outlook Nouriel Roubini, the economist widely known as “Dr. Doom” for his long record of bearish market forecasts, has adopted a more constructive view of the investment landscape, but says several major risks could […] The post Economist Roubini Turns More Bullish on AI Boom but Warns of Four Risks to U.S. Economy appeared first on Tekedia.

The Seattle Times and Newsday sued OpenAI and Microsoft in federal court on Friday, accusing the technology companies of using their journalism without permission to train and operate artificial intelligence systems that can reproduce or closely mimic their reporting. The lawsuit, filed in the U.S. District Court for the Southern District of New York, alleges […] The post Seattle Times, Newsday Sue OpenAI and Microsoft Over Use of News Articles to Train AI appeared first on Tekedia.

Japan’s government bond market has entered a new phase of volatility, with the 30-year Japanese government bond (JGB) yield reaching 4.18% on September 1, according to historical JGB market data. The move came alongside a broader sell-off in long-dated sovereign debt and pushed borrowing costs sharply higher across Japan’s yield curve. The significance of the […] The post Japan’s 30-Year Bond Yield Breaks Above 4.18% as Global Markets Confront a New Rate Regime appeared first on Tekedia.

With several existing reporting channels already in place, what role would the Nigeria Police latest Vigilant app play in helping fight cybercrime? Will this new app bridges the gap in fraud recovery or repeat the history of past, underutilised police tech initiatives?

Beijing moves to strengthen financial-sector buffers as weak loan demand, low interest rates and pressure on insurers weigh on profitability China’s finance ministry will lead a coordinated capital injection of about $54 billion into major state-owned insurers and banks, as Beijing moves to strengthen the financial system’s ability to absorb risks and support economic growth. […] The post China Unveils $54 Billion Capital Injection for State Insurers and Banks appeared first on Tekedia.

The U.S. Securities and Exchange Commission has sued Institutional Shareholder Services to compel the influential proxy adviser to provide information sought in a regulatory investigation, escalating the Trump administration’s effort to scrutinize companies that shape how investors vote their shares. The SEC filed a subpoena-enforcement action Friday in the U.S. District Court for the Eastern […] The post U.S. SEC Sues Proxy Adviser ISS Over Subpoena as Trump Administration Intensifies Oversight appeared first on Tekedia.

South Korea’s exports have already exceeded last year’s full-year record, putting Asia’s fourth-largest economy on course to join an elite group of nations with annual overseas sales above $1 trillion as the global artificial intelligence boom fuels unprecedented demand for its semiconductor products. Exports reached $709.4 billion from January through August, surpassing the $709.3 billion […] The post South Korea’s Exports Smash Annual Record as AI Chip Boom Propels Trade Toward $1 Trillion appeared first on Tekedia.