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.

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.

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.

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.

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.

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.

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.

The United States government has reportedly moved approximately $566 million worth of cryptocurrency, renewing concerns among investors about potential selling pressure in the digital asset market. According to blockchain analytics platform Lookonchain, the transfers included 4,632 Bitcoin worth approximately $384.5 million, 119 million USDT, and 750 Wrapped Bitcoin (WBTC) valued at around $62.3 million. The […] The post US Government Moves $566 Million in Crypto as Bitcoin Selling Concerns Grow appeared first on Tekedia.

Why Salary Alone Won’t Keep Your Best Employees Teju Fola-Alade says her LinkedIn is “always filled up” with job offers. Now imagine, she says, being a good software engineer. “Talent would always have a choice,” she said. “So you’re not dealing with people that are desperate for a job.” That changes how you keep your best employees, and she has spent years working […] TechCity

Your servo valve didn’t fail last Tuesday. Its case drain flow started climbing six weeks earlier, right after the fluid smelled faintly burnt and your pressure ripple stopped settling the way it used to. I’ve spent enough time standing next to a hydraulic power unit at 2 a.m. to know how this usually goes. The […] The post Why Hydraulic Valve Failure Rarely Starts in the Valve: A Diagnostic Guide for Plant Teams appeared first on Tekedia.

Your servo valve didn’t fail last Tuesday. Its case drain flow started climbing six weeks earlier, right after the fluid smelled faintly burnt and your pressure ripple stopped settling the way it used to. I’ve spent enough time standing next to a hydraulic power unit at 2 a.m. to know how this usually goes. The […] The post Why Hydraulic Valve Failure Rarely Starts in the Valve: A Diagnostic Guide for Plant Teams appeared first on Tekedia.

SpaceX has announced an agreement to acquire a nationwide portfolio of low-band spectrum licenses, a move the company says will pave the way for its Starlink Mobile service to become a major mobile carrier in the United States. The move builds on prior spectrum deals and FCC approvals for 15,000 next-gen satellites, promising over 100x […] The post SpaceX Plans to Turn Starlink Into A Major US Mobile Carrier appeared first on Tekedia.

NeoFleet Capital, a Cyprus-based mobility fintech that funds taxi fleets in emerging markets, has raised $4 million in a pre-seed round. The round mixes equity and debt, and Mark Loughran, a former inDrive executive, has joined as President and co-founder; the money will go toward expanding its corporate fleet financing model across emerging markets including […] The post NeoFleet Capital raises $4M pre-seed to finance taxi fleets in Senegal and Côte d’Ivoire appeared first on Tech In Africa.

Amazon’s new Alexa Tablets run Google Play. Here’s which one to buy Amazon's Alexa Tablets run Google Play and cost $229.99 to $499.99. What each costs, what Alexa+ adds without Prime, and which to buy. TechCity

Upgrade your Windows 10 PC now or wait? What rising memory prices mean, plus laptop picks by budget Windows 10 updates now run to Oct. 12, 2027. Whether to upgrade your PC now or wait as memory prices rise, plus laptop picks from $399. TechCity

ChatGPT free users now get GPT-6 Luna. Here’s what changed ChatGPT's free plan now runs GPT-6 Luna, with charts and tools in answers. What changed, how it compares with paid GPT-6 Sol, and what to do. TechCity

The Ethereum ecosystem is facing renewed questions about its long-term security as artificial intelligence advances raise concerns about the protection of cryptographic keys and the mathematical foundations of blockchain technology. Ethereum Foundation researcher Justin Drake has urged the industry to prepare for a potential bunker mode, while Ethereum co-founder Vitalik Buterin has warned that AI-accelerated […] The post Ethereum Security at Risk: Justin Drake Calls for ‘Bunker Mode’ as Vitalik Buterin Warns of AI Threats to Cryptography appeared first on Tekedia.

The cryptocurrency market has come under renewed pressure after US spot Bitcoin exchange-traded funds recorded $484.9 million in net outflows, marking their largest single-day withdrawal in more than three months. The development coincided with approximately $644 million in cryptocurrency long positions being liquidated over a 24-hour period, highlighting growing uncertainty among investors and traders. The […] The post US Spot Bitcoin ETFs Record $484.9 Million Outflow as Crypto Liquidations Reach $644 Million appeared first on Tekedia.

The US bond market is facing renewed pressure as the 10-year Treasury yield rises to 5.35%, its highest level since 2002, while a New York Federal Reserve survey shows that Americans’ one-year inflation expectations have climbed to 3.9%, the highest reading since 2023. The developments highlight growing concerns about persistent inflation, borrowing costs, and the […] The post US 10-Year Treasury Yield Hits Highest Level Since 2002 as Inflation Expectations Rise to 3.9% appeared first on Tekedia.

Chinese AI-agent startup Manus has raised more than $500 million in its first major funding round since Beijing blocked Meta’s proposed $2 billion acquisition of the company, underscoring continued investor interest in AI agents despite intensifying competition in the sector and growing regulatory scrutiny of Chinese technology companies. Butterfly Effect, the parent company of Manus, […] The post Manus Raises More Than $500 Million After Meta Acquisition Blocked by Beijing appeared first on Tekedia.

U.S. President Donald Trump has described Elon Musk as “one of the greatest technology founders to ever live,” marking a notable shift in tone toward the trillionaire entrepreneur after months of public tensions between the two high-profile figures. Speaking during the recently held White House Science & Tech Innovation Summit, where he awarded the nation’s […] The post Trump Calls Elon Musk “One of the Greatest Technology Founders to Ever Live” appeared first on Tekedia.

South Africa’s First National Bank (FNB) is taking another significant step toward mainstream cryptocurrency adoption by launching crypto trading services for nearly 9 million customers. The move gives one of the country’s largest banking customer bases direct access to several of the world’s most widely recognized digital assets, potentially bringing cryptocurrency closer to everyday financial […] The post What FNB’s Crypto Launch Means for South Africa’s Digital Asset Market appeared first on Tekedia.

Anthropic’s rapid rise in the artificial intelligence industry may owe as much to CEO Dario Amodei’s ability to attract top researchers as it does to the company’s technology, according to one of its earliest investors. Matt Murphy, a partner at Menlo Ventures, said Amodei has a particular appeal among AI researchers because of his technical […] The post Anthropic’s Secret Weapon May Be Dario Amodei’s Appeal to AI Researchers, Early Investor Says appeared first on Tekedia.

Learn how to buy electricity online in Nigeria. Follow simple steps to purchase electricity online for your prepaid meter instantly.

Network down for over 24 hours? When Nigerian rules say you’re owed compensation MTN reported outages in five states on Oct. 8. When an outage counts as major, when you are owed compensation, and how to complain. TechCity

For the Spanish-born executive, the future of African fintech is about eliminating the friction that hinders how people receive, store, move, and spend their money.

Vatar Inc., the company behind the viral Nigerian browser game Lagos Life, has closed a $500,000 pre-seed round at a $10 million valuation.

Moove's future is in robotaxi depots in the United States, so its Nigerian business, which had challenges, no longer represents a solid business.

The SARS filing deadline for most salaried taxpayers is Friday, 23 October 2026. Scammers know this date too. Fake SARS emails, SMSes and eFiling pages are circulating as the deadline nears. This guide shows you how to file safely and how to recognise a fraudulent message. All amounts in this article are in rand. What […]

China has criticized Germany and France after the two European powers called for stronger measures to protect the European market from what they consider unfair trade practices. The dispute highlights growing tensions between Europe and China at a time when governments across the continent are trying to balance economic cooperation with concerns about strategic dependence, […] The post Why Europe Is Rethinking Its Economic Dependence on China appeared first on Tekedia.