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Technology
Tether Reports $1.5B Q3 Profit as US Secret Service Freezes Funds Linked to Binance Theft
The cryptocurrency industry continues to demonstrate its financial strength while confronting persistent security challenges, as Tether reports $1.5 billion in third-quarter operating profit and excess reserves approaching $7.95 billion. At the same time, the United States Secret Service has frozen a significant portion of funds connected to a theft exceeding $6 billion from Binance. These […] The post Tether Reports $1.5B Q3 Profit as US Secret Service Freezes Funds Linked to Binance Theft appeared first on Tekedia.
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Apple Overtakes Nvidia to Reclaim World’s Most Valuable Company Title
Apple has overtaken Nvidia to reclaim its position as the world’s most valuable publicly traded company by market capitalization, highlighting the continuing competition between technology giants for leadership in the global stock market. The development underscores the strength of Apple’s consumer technology business and demonstrates how investor sentiment can shift between established technology companies and […] The post Apple Overtakes Nvidia to Reclaim World’s Most Valuable Company Title appeared first on Tekedia.
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OpenAI Cuts Funding Target to $20 Billion at $1.25 Trillion Valuation
OpenAI has reportedly reduced its fundraising target to $20 billion while seeking a valuation of approximately $1.25 trillion, according to the Financial Times. The development highlights the extraordinary capital requirements of the artificial intelligence industry, where leading companies are competing to develop increasingly powerful models, expand computing infrastructure, and establish commercial dominance. Despite the reported […] The post OpenAI Cuts Funding Target to $20 Billion at $1.25 Trillion Valuation appeared first on Tekedia.
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Northwood Space Raises $375m at $2bn Valuation to Expand Satellite Infrastructure
Northwood Space has raised $375 million in a Series C funding round that values the satellite infrastructure startup at $2 billion, as investors increase their exposure to technologies supporting the expansion of commercial and government space operations. The funding round was co-led by Andreessen Horowitz and DFJ Growth, marking a substantial increase in the company’s […] The post Northwood Space Raises $375m at $2bn Valuation to Expand Satellite Infrastructure appeared first on Tekedia.
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Indian Stocks Hit Two-Month High as Reliance Rally, Lower Oil Prices Lift Sentiment
Indian equities rose sharply on Monday, taking benchmark indices to their highest levels in nearly two months as stronger-than-expected earnings from Reliance Industries, falling crude oil prices and expectations of tax relief for equity investors improved market sentiment. The Nifty 50 advanced 1.68% to 23,440.80, while the BSE Sensex gained 1.66% to close at 75,692.78. […] The post Indian Stocks Hit Two-Month High as Reliance Rally, Lower Oil Prices Lift Sentiment appeared first on Tekedia.
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BTCPay Server Issues Emergency Shutdown Warning Amid Hot Wallet Attack Reports
Reports of unauthorized attackers sweeping hot wallets associated with BTCPay Server installations have raised serious concerns about cryptocurrency security, prompting an urgent warning for operators to shut down their instances while an investigation proceeds. The alert highlights the persistent risks facing digital asset infrastructure and reinforces the importance of protecting private keys, wallet credentials, and […] The post BTCPay Server Issues Emergency Shutdown Warning Amid Hot Wallet Attack Reports appeared first on Tekedia.
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Shiga Advances Nigeria’s Digital Asset Infrastructure With WDK Technology
The digital asset industry is entering a new phase in which institutional adoption depends not only on cryptocurrency trading but on secure infrastructure, regulatory compliance, and operational flexibility. In Nigeria, Shiga is positioning itself to address these requirements through infrastructure that allows clients to manage digital assets according to their individual security and operational needs. […] The post Shiga Advances Nigeria’s Digital Asset Infrastructure With WDK Technology appeared first on Tekedia.
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Acecore wins TC Battlefield 2026 with Nigerian-made batteries
Acecore, a Nigerian startup that builds home energy storage systems, won the $10,000 grand prize at TC Battlefield 2026.
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Traditional Finance vs. Crypto: The Growing Battle Over Tokenized Equities
The growing conflict between traditional financial markets and blockchain-based trading is entering a new phase as 50 companies, collectively valued at more than $25 trillion, have reportedly objected to tokenized versions of their shares on OKXICE. The latest objections include major corporations such as Nvidia, Nike, and Micron, highlighting increasing tensions over who controls the […] The post Traditional Finance vs. Crypto: The Growing Battle Over Tokenized Equities appeared first on Tekedia.
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European Stocks Slip as Investors Weigh AI Spending Risks, Iran Peace Prospects and US Midterm Elections
European stocks edged lower on Monday as investors assessed the fallout from Friday’s technology-led selloff on Wall Street, while a sharp decline in oil prices offered some relief amid renewed hopes for a diplomatic settlement to the Iran war. The STOXX 600 fell 0.10%, although European technology shares gained 0.30%, suggesting some stabilization after the […] The post European Stocks Slip as Investors Weigh AI Spending Risks, Iran Peace Prospects and US Midterm Elections appeared first on Tekedia.
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Elon Musk Says Grok Bot’s High Computing Costs Are Unsustainable as Users Face Tighter Limits
Elon Musk has acknowledged that the cost of running SpaceX’s AI agent Grok Bot is outpacing the revenue it generates, exposing a financial challenge for the company as demand for AI-powered services grows and competition intensifies across the industry. The SpaceX chief executive said on Sunday that the cost of serving the agent was “unsustainably […] The post Elon Musk Says Grok Bot’s High Computing Costs Are Unsustainable as Users Face Tighter Limits appeared first on Tekedia.
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Binance Resumes Withdrawals After Record $6.3 Billion Hack
Binance, the world’s largest cryptocurrency exchange, has begun restoring customer withdrawals in phases, just days after suffering the biggest crypto heist on record. The exchange said it had covered approximately 95 percent of the roughly $6.3 billion stolen from its hot wallets and pledged that users would not bear any financial losses. Announcing the recovery […] The post Binance Resumes Withdrawals After Record $6.3 Billion Hack appeared first on Tekedia.
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Gold Rebounds Above $3,900 After Worst Monthly Decline Since 2008, but Treasury Yields Limit Recovery
Gold prices climbed above $3,900 an ounce on Monday as investors returned to the market following bullion’s steepest monthly decline since 2008. A weaker US dollar provided immediate support, but elevated Treasury yields, uncertainty surrounding the Iran conflict and continued losses in technology stocks left the recovery vulnerable. Spot gold rose 0.7% to $3,902.81 an […] The post Gold Rebounds Above $3,900 After Worst Monthly Decline Since 2008, but Treasury Yields Limit Recovery appeared first on Tekedia.
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How AI Agents Are Transforming Software Testing and Debugging
Artificial intelligence is transforming software development, but its growing ability to generate code has introduced a difficult question: who verifies that the code actually works? As AI tools become increasingly capable of building applications, developers are exploring ways to use artificial intelligence to inspect, test, and validate the very code that machines produce. The creator […] The post How AI Agents Are Transforming Software Testing and Debugging appeared first on Tekedia.
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Solana Dominates Decentralized Trading With $14.2 Billion in Weekly Spot Volume Despite SOL Price Decline
Solana blockchain is reinforcing its position as one of the leading networks in decentralized finance after processing approximately $14.2 billion in spot trading volume across decentralized platforms over the past week. The impressive activity comes despite recent declines in the price of its native cryptocurrency, SOL, highlighting a growing distinction between blockchain usage and short-term […] The post Solana Dominates Decentralized Trading With $14.2 Billion in Weekly Spot Volume Despite SOL Price Decline appeared first on Tekedia.
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Tesla October Registrations Surge in Sweden and Norway as Chinese EV Rivals Gain Ground
Tesla recorded a sharp increase in new vehicle registrations across several Northern European markets in October, extending its sales recovery in the region as higher fuel prices, government incentives and renewed electric vehicle demand supported purchases. Registrations of new Tesla vehicles rose 248% year-on-year in Sweden, 131% in Norway and 34% in Denmark, according to […] The post Tesla October Registrations Surge in Sweden and Norway as Chinese EV Rivals Gain Ground appeared first on Tekedia.
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How to tell if a Black Friday deal is really a deal
How to tell if a Black Friday deal is really a deal A big percentage off means little if the old price was never real. Here is the two-minute price check to do before you buy on Black Friday. TechCity
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Tech won’t fix Africa’s informal economy without power and rails, says AFC CEO
At AFIS in Luanda, Africa Finance Corporation CEO Samaila Zubairu argued that getting informal businesses online can only go so far if they lack reliable power, storage and transport. He pointed to the Lobito Corridor as a chance to build industries that process minerals and move farm produce within the region.
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Safaricom’s cleaner energy push struggles to keep pace with growth 
Safaricom is combining solar installations with lithium-ion batteries, more efficient power systems, additional grid connections and remote monitoring.
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The best phones under $500 you can buy this holiday season
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How IFC plans to use fintech and cash flow to finance African MSMEs 
The IFC wants small businesses in Africa to qualify for loans based on the money they bring in. At AFIS in Luanda, Angola, Makhtar Diop laid out how fintech and local-currency lending could help more businesses borrow and grow.
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Digital fraud surges to 88%: The hidden security crisis chilling cross-border finance
Nearly half of the financial institutions surveyed across 20 African countries are prioritising growth at home. As banks and fintechs report rising digital fraud, only 11% of surveyed institutions are connected to Africa’s flagship cross-border payments network, PAPSS.
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South Africa’s AGOA troubles could reach beyond exporters to its startups
While AGOA is a trade preference programme covering goods exports, the fallout from the decision could reach businesses that have little direct exposure to the programme.
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Meta’s $17.1 Billion Settlement: How Social Media’s Compulsion-Driven Design Finally Faced Accountability
The debate surrounding social media has entered a new phase, shifting from what platforms publish to how their products influence human behavior. Meta’s reported $17 billion settlement has become a powerful symbol of this debate, raising questions about whether technology companies should be held accountable for designing digital experiences that encourage compulsive use. Beyond the […] The post Meta’s $17.1 Billion Settlement: How Social Media’s Compulsion-Driven Design Finally Faced Accountability appeared first on Tekedia.
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SK hynix Makes History as AI Memory Demand Drives Semiconductor Revenue Beyond 100 Trillion Won
SK hynix has reached a historic milestone, becoming the first semiconductor manufacturer to surpass 100 trillion won in quarterly revenue, underscoring the extraordinary impact artificial intelligence is having on the global chip industry. Driven by strong sales of high-bandwidth memory (HBM) and other advanced memory products, the South Korean company is benefiting from unprecedented demand […] The post SK hynix Makes History as AI Memory Demand Drives Semiconductor Revenue Beyond 100 Trillion Won appeared first on Tekedia.
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Côte d’Ivoire’s Trade Boom Opens a Payments Opportunity. Can Fintech Startups Cash In?
Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond Imagine a wholesaler in Abidjan receiving daily orders from across West Africa. Some buyers pay via mobile… Côte d’Ivoire’s Trade Boom Opens a Payments Opportunity. Can Fintech Startups Cash In? Innov8tiv.com
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Africa’s crypto market has proved there is demand. Now it needs infrastructure
Africa’s crypto adoption has surged, moving rapidly from speculation to real-world utility like cross-border payments. As demand grows, the continent's next challenge is establishing the reliable financial infrastructure needed to support it at scale.
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How Jumia is courting Côte d’Ivoire’s informal retail market
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It’s Election Day. Here’s how to spot a fake call, text or video about voting
It’s Election Day. Here’s how to spot a fake call, text or video about voting A call or text saying your polling place moved may be fake. Here are five quick checks to do before you act on any election message today. TechCity
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A Complete Guide to Online Gaming and Rewards with BingoPlus
Online gaming platforms offer different ways to enjoy digital entertainment, from bingo-style games to number-based games and other interactive experiences. BingoPlus is a platform associated with online gaming and promotions in the Philippines. Users interested in exploring its offerings should review the available game categories and understand the rules before participating. Each game BingoPlus may […] The post A Complete Guide to Online Gaming and Rewards with BingoPlus appeared first on Tekedia.
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What a Guide to Social Media Self-Harm Claims Covers for Families
Missouri families confronting a teenager’s self-harm can feel overwhelmed when social media appears to be part of the story. From St. Louis to smaller communities statewide, parents face the same pressing concern: understanding what happened without rushing to blame or overlooking their child’s needs. Questions arise about repeated exposure to disturbing posts, recommendation algorithms, and […] The post What a Guide to Social Media Self-Harm Claims Covers for Families appeared first on Tekedia.
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Airtel Nigeria’s $1 billion comeback comes with a growing mobile money business
Airtel Nigeria generated $1.01 billion in revenue between April and September 2026, crossing the $1 billion mark for the first time since the same period in 2022, when it recorded $1.04 billion, according to the company’s financial statements.
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Inside Luanda’s high-stakes summit to direct Africa’s $100bn banking machine into the real economy
At AFIS 2026 in Luanda, Africa’s financial institutions are booking record profits, but until capital flows away from dollar-denominated debt, continental growth will remain stuck.
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Are You Using the ContiSX Blockchain Phone? When Do You Plan to Get Yours?
SHARE YOUR UNBOXING EXPERIENCE Are you using the ContiSX Blockchain phone? When do you plan to get yours? When you use ContiSX, Aba and PHC creators have more opportunities as they designed and printed our packaging. Kano engineers expand in number as they are working on our AI localization engine. Owerri techies rejoice for the […] The post Are You Using the ContiSX Blockchain Phone? When Do You Plan to Get Yours? appeared first on Tekedia.
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African-owned game Rise of Fearless raises $1 million for expansion
Rise of Fearless has secured $1 million in SAFE financing from Epic Edges Capital as it targets 100,000 active players and brings international gaming experts on board to build a globally competitive African-owned gaming franchise.
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Circle taps ex-Yellow Card executive Gillian Darko to lead Africa expansion
The move comes as Circle seeks to expand stablecoins’ use in cross-border payments, remittances, and business transactions across emerging economies.
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