Kenyan banks turned to WhatsApp and call centres on Friday after a global Microsoft outage cut off their email, forcing several of the country’s biggest lenders to reroute customer queries. Equity Bank and UBA Kenya asked customers to call or use WhatsApp. Stanbic Bank Kenya, part of South Africa’s Standard Bank Group, directed customers to […]

Federal Reserve Governor Michael Barr has warned that the United States should prepare for serious short-term disruption to its labor market as artificial intelligence adoption accelerates, raising the possibility of widespread job displacement and a further shift in national income from workers towards investors and business owners. Barr said the scale of the disruption would […] The post U.S. Fed Governor Warns AI Could Trigger Large-Scale Job Displacement and Widen US Inequality appeared first on Tekedia.

Elon Musk has signaled his interest in bringing Jensen Huang into his business empire, saying it would be “an honor” to hire the Nvidia co-founder as the chipmaker faces a leadership crisis that has unsettled investors and raised questions about the future of its artificial intelligence strategy. Musk made the comment late Wednesday after financial […] The post Elon Musk Says Hiring Jensen Huang Would Be an Honor as Nvidia CEO’s Exit Shakes AI Industry appeared first on Tekedia.

Fear is spreading across cryptocurrency markets, but prominent on-chain analyst Willy Woo believes investors may be interpreting the current sentiment too negatively. According to Woo, fear alone does not signal the beginning of a Bitcoin bear market. Instead, he argues that genuine bearish conditions emerge when widespread pessimism coincides with Bitcoin repeatedly recording new price […] The post Bitcoin Fear Is Not Enough to Signal a Bear Market, Says Willy Woo appeared first on Tekedia.

Japan is once again stepping up its warnings against excessive yen weakness as the currency approaches the psychologically important 160-per-dollar level. However, financial markets appear increasingly unconvinced that Tokyo’s verbal interventions will be enough to reverse the yen’s decline, particularly as the widening monetary policy gap between Japan and the United States continues to favor […] The post Tokyo Renews Yen Intervention Warnings as Dollar Climbs to 159.94 appeared first on Tekedia.

British artificial intelligence chipmaker Fractile has raised $720 million at a $7 billion valuation, securing backing from major venture capital firms and the UK government as Britain seeks to build a domestic semiconductor industry capable of supporting its ambitions in artificial intelligence. The London- and Bristol-based startup is developing processors designed to make AI inference […] The post British AI Chip Startup Fractile Raises $720m at $7bn Valuation as UK Backs Domestic Semiconductor Push appeared first on Tekedia.

CoreWeave shares surged 16% after the artificial intelligence infrastructure company raised its outlook, giving investors fresh confidence in demand for the computing power needed to develop and operate advanced AI systems. At the same time, a regulatory warning to prediction-market operator Kalshi shows that fast-growing financial platforms remain exposed to scrutiny over how they communicate […] The post CoreWeave Stock Jumps 16% After Raising Outlook as CFTC Warns Kalshi of Imminent Charges appeared first on Tekedia.

CNBC’s Jim Cramer said he is becoming less skeptical of CoreWeave after the artificial intelligence infrastructure provider delivered stronger-than-expected quarterly results and its chief executive addressed concerns over demand, financing, and the value of its computing equipment. CoreWeave shares surged nearly 25% on Wednesday after the company reported quarterly revenue above market expectations and raised […] The post Cramer Softens View on CoreWeave After Strong Earnings and CEO’s Reassurances appeared first on Tekedia.

The global commodities market is experiencing significant developments as Saudi Arabia increases its crude oil production by 26%, while central banks worldwide accelerate their gold purchases. These developments highlight the changing dynamics of global energy supply, monetary policy, and investment strategies as governments and financial institutions respond to economic uncertainty, geopolitical tensions, and shifting market […] The post Saudi Arabia Raises Crude Oil Output 26% as Central Banks Increase Gold Purchases to 321 Tonnes in Q3 appeared first on Tekedia.

ExxonMobil has launched a confidential legal challenge against European Union rules requiring major oil and gas companies to help develop carbon dioxide storage capacity by 2030, escalating its dispute with Brussels over the bloc’s climate regulations. The arbitration proceedings concern provisions in the EU’s Net-Zero Industry Act, which places obligations on large oil and gas […] The post ExxonMobil Challenges EU Carbon Capture Rules in Confidential Arbitration appeared first on Tekedia.

US Commerce Secretary Howard Lutnick has repeatedly delayed President Donald Trump’s efforts to crack down on companies suspected of diverting Nvidia artificial intelligence chips to China, according to an Axios report citing senior sources. The development has exposed disagreements within the administration over how aggressively to enforce technology export restrictions. Trump authorized the latest crackdown […] The post Lutnick Accused of Stalling Trump’s Crackdown on Suspected Nvidia Chip Diversions to China appeared first on Tekedia.

OPay has built a financial services platform that moves money, extends credit, and helps millions of people save. It operates in Nigeria, Indonesia, Egypt, and Pakistan, but its business remains heavily concentrated in Nigeria, which accounts for 89.5% of its revenue.

Nigeria’s telecom regulator is considering 15-year spectrum licences in exchange for additional network investment. The proposal could give operators greater certainty, but its success will depend on whether incentives deliver better broadband—not simply reward existing rollout plans.

Toyosi Badejo-Okusanya founded Adaptive Atelier, a company that helps businesses find and fix barriers in their digital products.

Four friends funded an e-hailing app with proceeds from their property-maintenance business—and now they want South African drivers to keep 100% of their fares. With 30,000+ registered drivers, Bro Cabs is betting subscriptions can beat Uber and Bolt’s commission model. In this week’s Coffee With…, PHATHISANI MOYO speaks to the founders. The first version of […]

Sony is shutting down the PlayStation Plus app on PC on Dec. 10. Here’s what still works The PlayStation Plus PC app ends Dec. 10. Console benefits stay the same, and PS Remote Play still works if you own a PS5 or PS4. TechCity

Holiday return policies for tech: the dates, fees and exceptions to check before you buy Apple and Best Buy extend returns into January, but phones, drones and opened games follow stricter rules. Check these first. TechCity

The Apple Support Community closes Nov. 20. Here’s how to save the answers you still need Apple's user forum is now read-only and shuts down Nov. 20. Here's how to save the threads you use and where to get help after. TechCity

USPF’s ₦10 million Changemaker Challenge closes Sunday. Here’s who can apply and how Teams of 2 to 5 can enter with just an idea. ₦5m, ₦3m and ₦2m prizes. Entries close 11:59 p.m. WAT on Sunday, Nov. 15. TechCity

Mexico is tightening controls on steel imports from China and other countries to prevent foreign products from being rerouted into the United States through its territory, as the government seeks to secure tariff relief from Washington and protect access to its largest export market. The measures are part of Mexico’s effort to demonstrate that its […] The post Mexico Tightens Steel Controls to Prevent Chinese Goods From Entering the US Through Trade Pact appeared first on Tekedia.

United Airlines is tightening restrictions on artificial intelligence agents accessing its digital platforms, citing concerns over data security, unauthorized transactions, and regulatory compliance as airlines respond to the growing ability of AI tools to book and manage travel on behalf of customers. The US carrier said on Wednesday it would restrict AI bots from interacting […] The post United Airlines Moves to Block AI Agents From Booking and Managing Flights appeared first on Tekedia.

The cryptocurrency market is facing renewed liquidity concerns as stablecoin supply contracts by $14.2 billion over 30 days, marking its largest decline since June 2022. At the same time, spot Bitcoin exchange-traded funds (ETFs) have recorded $299.9 million in net outflows, adding to concerns about weakening institutional demand and reduced investor confidence. These developments highlight […] The post Stablecoin Supply Shrinks $14.2 Billion as Bitcoin ETFs Record $299.9 Million in Outflows appeared first on Tekedia.

Nvidia’s leadership has become a subject of unusual scrutiny as questions surrounding chief executive Jensen Huang raise a broader issue: what happens to one of the world’s most influential technology companies if its long-serving founder is suddenly unable to lead it? Reports describing an alleged affair involving Huang and a woman suspected of spying for […] The post Nvidia’s Jensen Huang Faces Scrutiny as Succession Concerns Raise Questions About the Company’s Future appeared first on Tekedia.

Taiwan will participate in this year’s Asia-Pacific Economic Cooperation (APEC) leaders’ summit in China on the basis of equal treatment among members, President Lai Ching-te said on Thursday, as Taipei seeks assurances that Beijing will not use its position as host to restrict the island’s participation. Lai’s comments came as Taiwan appointed Acer founder Stan […] The post Taiwan Insists on Equal Participation at APEC Summit as Tensions With China Deepen appeared first on Tekedia.

An AI Image to Video Generator gives a business another use for its product photography: a still image can become the starting point for a short moving scene. The useful decision comes before generation, when the merchant chooses what that scene should communicate. A bottle presented against a changing background is one job. Showing how […] The post Choosing Product Photos for an AI Image to Video Generator appeared first on Tekedia.

Football fans no longer limit their involvement with the sport to ninety minutes on matchday. Many now follow team news throughout the week, discuss tactical decisions, watch highlights, and check player statistics whenever they have a few spare minutes. Smartphones and online services make these activities easy to access. As a result, football occupies a […] The post Why Football Fans Are Spending More Time on Online Platforms appeared first on Tekedia.

Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond With applications closing tomorrow, November 13, 2026, early-stage African women tech entrepreneurs have one last chance to… The Future Is Female Mentorship Applications Close Tomorrow: What African Women Tech Founders Should Know Innov8tiv.com

Nvidia’s leadership crisis has reached a decisive point, with co-founder Jensen Huang resigning as president and chief executive just days after admitting to an extramarital affair that triggered questions about corporate governance, national security and the company’s dependence on its long-serving leader. The chipmaker said in a regulatory filing on Thursday that its board accepted […] The post Nvidia Shares Plunge as Jensen Huang Resigns, Leaving $4tn AI Chipmaker Without Permanent Successor appeared first on Tekedia.

Chinese artificial intelligence companies are seeking to secure access to Nvidia-powered data centers outside China, fearing that a controversy involving the chipmaker’s chief executive, Jensen Huang, could give Washington fresh impetus to restrict their ability to use advanced US processors remotely. Three people familiar with the matter told Reuters that a major Chinese cloud provider […] The post Chinese AI Firms Rush to Secure Overseas Nvidia Computing Capacity Amid US Export Control Fears appeared first on Tekedia.

Oil prices edged lower on Thursday as renewed attacks on shipping in the Strait of Hormuz and uncertainty over negotiations involving Iran and Ukraine offset expectations of increased crude supply. Brent crude futures fell 37 cents, or 0.4%, to $92.39 a barrel at 0946 GMT, while US West Texas Intermediate crude declined by the same […] The post Oil Prices Slip as Strait of Hormuz Attacks Offset Higher OPEC+ Output, Treasury Yields Rise appeared first on Tekedia.

Global stocks fell on Thursday as concerns over Nvidia’s leadership intensified pressure on technology shares, with an 8.8% plunge in the chipmaker’s stock after hours spreading losses across Asian markets and weighing on US equity futures. The sell-off followed reports that Nvidia’s board had met to consider whether to remove longtime chief executive Jensen Huang, […] The post Global Stocks Slide as Nvidia Leadership Crisis Hits Chipmakers and AI Trade appeared first on Tekedia.

India’s central bank is preparing rules that could prevent private equity firms from exercising control over more than one non-bank lender, a move aimed at limiting the risk that financial distress at a major investment firm could spread across several institutions in the country’s rapidly expanding credit market. The Reserve Bank of India (RBI) is […] The post India Considers Limits on Private Equity Control of Multiple Non-Bank Lenders to Contain Financial Risks appeared first on Tekedia.

Citi is seeking to expand its foreign exchange and cross-border banking businesses by capitalizing on the international growth of Chinese companies and the increasing use of the yuan in global trade, according to Reuters. The strategy positions the Wall Street bank to benefit from Beijing’s efforts to promote the yuan as an international currency, even […] The post Citi Targets Chinese Global Expansion and Rising Yuan Use to Grow Currency Business appeared first on Tekedia.

Google’s investment in artificial intelligence company Anthropic is emerging as one of the most valuable strategic bets in the rapidly expanding AI industry. The technology giant’s reported $33 billion investment is expected to translate into an approximately 10% ownership stake in Anthropic, potentially worth $132 billion based on the company’s latest valuation expectations. At the […] The post Google’s $33 Billion Anthropic Investment Could Become a $132 Billion Stake as IPO Demand Surges appeared first on Tekedia.

Bitcoin’s relationship with traditional financial markets is becoming increasingly visible as volatility spreads across global assets. During last week’s market selloff, Bitcoin’s correlation with US equities climbed significantly, highlighting how digital assets can become vulnerable when broader financial markets experience sudden declines. According to Fidelity Investments’ Jurrien Timmer, the growing correlation was part of a […] The post Bitcoin’s Correlation With US Stocks Rises as Market Selloff Spreads Beyond AI Shares appeared first on Tekedia.