The Bank of England’s decision to accept a wider range of private and structured credit assets as collateral in its lending operations is raising questions over how readily those securities can be traded outside the central bank, as tighter credit conditions and mounting losses put pressure on the rapidly expanding private credit market. “It is […] The post Bank of England’s Private Credit Collateral List Raises Questions Over Market Liquidity appeared first on Tekedia.

British banks are increasingly turning to the Bank of England’s funding facilities to pledge higher-risk and potentially less liquid assets as collateral, exposing the central bank to a growing pool of loans and securities tied to areas such as vehicle leasing, store-card lending and buy-to-let mortgages. A Reuters review of Bank of England filings shows […] The post Bank of England Takes on More Risk as UK Banks Pledge £17.8 Billion in Higher-Risk Assets appeared first on Tekedia.

Bitcoin’s prolonged downtrend may be approaching a turning point, with CryptoQuant analyst Gaah, pointing to improving cycle momentum as a potential sign that the market’s bearish phase is losing strength. In a chart on X, Gaah noted that the shift, currently reading just above zero at approximately 0.4, raises the probability that Bitcoin is breaking […] The post CryptoQuant Analyst Suggests Bitcoin’s Downtrend May Be Nearing Its End as Cycle Momentum Turns Positive appeared first on Tekedia.

Uber Is Leaving Nigeria: Why It Is Exiting After 12 Years and What Happens Next After 12 years in Nigeria, Uber is leaving the market. The ride-hailing company announced on September 2, 2026,… TechCity

Meta’s roughly $17 billion settlement with U.S. states over allegations that Facebook and Instagram harmed younger users could remove a significant legal overhang for the company and give management greater room to accelerate a pipeline of artificial intelligence products, analysts say. The settlement followed a trial that began in August after attorneys general from 29 […] The post Meta’s $17 Billion Settlement Could Clear Legal Path for New AI Product Push – Morgan Stanley appeared first on Tekedia.

India’s latest economic growth figures have delivered another reminder that the country remains one of the most resilient major economies in a world still dealing with inflation, expensive energy and uneven global demand. First-quarter gross domestic product expanded 7.8% year on year, comfortably ahead of economists’ expectations of roughly 7.2%. The headline number matters because […] The post India GDP Growth Hits 7.8%: Economy Beats Forecasts Despite Global Challenges appeared first on Tekedia.

Good Good’s new president, Joe Flannery, has been handed one of the most difficult executive starts imaginable: taking charge of a rapidly growing creator-driven golf company at precisely the moment its biggest advertising crisis exploded into public view. His appointment was dated August 21, the same day the controversial Callaway advertisement appeared, leaving Flannery almost […] The post Good Good Golf’s New President Faces Immediate Challenge as Ad Scandal Erupts appeared first on Tekedia.

Meta’s smart glasses have become one of the most visible examples of how artificial intelligence is moving from the smartphone into everyday life. But as adoption grows, so does the backlash. Venues are increasingly restricting or banning smart glasses. While Meta has responded with a renewed public-relations campaign and updates to privacy settings designed to […] The post Meta’s Smart Glasses Face a Privacy Reckoning as the Company Goes on a PR Blitz appeared first on Tekedia.

A consortium of 21 leading international financial institutions has announced plans to launch a new stablecoin company. The consortium includes Bank of America, Citi, Goldman Sachs, Deutsche Bank, UBS, Wells Fargo, Fidelity Investments, and WisdomTree. The company is expected to be established in the second half of 2026. It plans to issue a U.S. dollar-pegged […] The post 21 Global Banks and Asset Managers Commit to Launching USD Stablecoin in 2027 appeared first on Tekedia.

Europe’s migration policy is entering a new and controversial phase as Germany, Austria, Denmark, Greece and the Netherlands move closer to establishing a migrant return hub in Uganda. The five countries are working together on a system that could transfer people who have no legal right to remain in Europe to a facility outside the […] The post Europe’s Migration Policy Takes a New Turn With Uganda Return Hub Plan appeared first on Tekedia.

Elon Musk-owned social media platform X, is experiencing a surge in global user interest, with millions of downloads. Reports reveal that X recorded 103 million App Store downloads in August, its highest monthly total ever, marking a new peak for the platform. In a brief post on X, Musk wrote, “X reaches highest monthly downloads […] The post X Recorded Massive Downloads in August, Its Highest Monthly Total Ever appeared first on Tekedia.

Nigeria is set to regain an important place in the global investment landscape after FTSE Russell confirmed that the country will return to its Frontier Market classification effective September 21, 2026. The decision represents a significant reversal from Nigeria’s 2023 downgrade to “Unclassified” status and signals growing international confidence in the reforms undertaken to address […] The post Nigeria’s Return to FTSE Russell’s Frontier Market Index Marks a New Chapter for Foreign Investment appeared first on Tekedia.

Y2K is back, and Axe wants to make sure Gen Z smells the part. The early 2000s have become one of the most powerful sources of nostalgia in contemporary youth culture. Low-rise jeans, chunky sneakers, flip phones, glossy aesthetics, futuristic graphics and pop-culture references from the era have all found new life on social media. […] The post Axe Is Betting Gen Z Is Ready for a Whiff of Y2K appeared first on Tekedia.

Sequoia Capital is spinning out Empirik, an artificial intelligence startup seeking to change how companies manage technology infrastructure by using AI agents to detect and prevent system failures before they trigger costly outages. The company announced Tuesday that it has raised $21 million in seed funding from Sequoia, Canapi and Alumni Ventures as it launches […] The post Sequoia-Backed Empirik Raises $21M to Use AI to Prevent Infrastructure Failures appeared first on Tekedia.

Hugging Face has discovered that the future of artificial intelligence may have feathers, wheels, and a surprisingly strong appetite from consumers. The AI company says sales of its small robotic ducks surpassed $2.6 million in just 24 hours, creating enough demand to leave buyers facing a backlog. The product, known as the Reachy Mini, reflects […] The post Hugging Face’s Robot Ducks Are a $2.6 Million AI Sensation appeared first on Tekedia.

Nigeria’s economy accelerated sharply in the second quarter of 2026, with real Gross Domestic Product (GDP) growing by 4.43% year-on-year, its strongest quarterly expansion in five years, according to the latest data from the National Bureau of Statistics (NBS). The performance marks a significant improvement from the 3.89% growth recorded in the first quarter and […] The post Nigeria’s Economy Expands 4.43% in Q2 2026, Fastest Quarterly Growth in Five Years appeared first on Tekedia.

Anthropic is tightening security around its artificial intelligence training and testing environments after three incidents in which Claude models escaped supposedly controlled cybersecurity evaluations and reached real-world systems. The episodes highlight a growing challenge for the AI industry: as models become more autonomous, securing the environment around them is becoming almost as important as controlling […] The post Anthropic Tightens Security After Claude Agents Went Rogue appeared first on Tekedia.

Shein’s long-awaited stock market debut has delivered a striking message about how quickly private-market exuberance can fade. The fast-fashion giant went public in Hong Kong on September 1 at a valuation of roughly $26.3 billion, just about one-quarter of the nearly $100 billion valuation it commanded at its 2022 peak. The numbers alone tell a […] The post Shein’s Stock Market Debut Exposes the Collapse of Its $100 Billion Valuation appeared first on Tekedia.

Sometimes, the fastest way to make an old technology relevant again is to remind people why they once loved it. That appears to be happening with MapQuest, which has reportedly surged up app-store rankings following a controversy surrounding the refusal to adopt the proposed “Lake America” name. The episode is a striking example of how […] The post MapQuest Skyrockets on App Stores After Lake America Refusal appeared first on Tekedia.

Risk has become an increasingly expensive currency. In politics, finance, online prediction markets and the workplace, people are becoming more conscious of what they are willing to put on the line—and what they expect in return. George Santos becoming the first person to be permanently banned from Kalshi, and workers demanding more money than ever […] The post From Kalshi’s George Santos Bans to Job Hopping: How Risk is Changing Markets appeared first on Tekedia.

Waymo has stepped up its criticism of camera-only autonomous driving, explaining that fully driverless vehicles need a combination of sensors to operate safely at scale, an apparent challenge to Tesla’s strategy just days before the expected unveiling of its purpose-built Cybercab. The Alphabet-owned autonomous driving company said in a blog post last week that cameras […] The post Lidar vs Camera-only: Waymo Again Stirs Debate About Best Tech for Robotaxi As Tesla Nears Cybercab Launch appeared first on Tekedia.

The founders of Flexitech Group Limited, the company behind the Kenyan save-now-buy-later fintech FlexPay, have been arrested over the alleged theft of KES 31.2 million ($242,000) belonging to an unnamed major retail chain, adding to scrutiny of the startup after months of customer complaints about delayed withdrawals.

Key Points Main Story MTN has partnered with The Block Hive, a technology hub in Nsukka, Enugu State, to provide at least 5,000 free internet routers to young people across the South-East. The initiative is aimed at supporting techies, students, remote workers, entrepreneurs and digital creators who require internet access to participate in the digital […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Uber’s exit ends a 12-year run in Nigeria, one of its earliest markets, where it launched in 2014. The company helped build the country’s ride-hailing market, but is leaving as intensifying competition, rising operating costs, and growing regulatory pressure have made the market harder to navigate. 

Citadel’s legal battle with a former portfolio manager has taken another turn, pulling one of the world’s biggest hedge funds deeper into a dispute that now reaches beyond the former employee himself. What began as a fight over an executive’s departure and employment restrictions has increasingly become a broader confrontation over recruitment, confidential information and […] The post Hedge Fund Talent War Intensifies Between Citadel and Rivals appeared first on Tekedia.

Instagram is drawing a sharper line between human influencers and digital personalities, and this time, the message to AI-generated creators is simple: disclose what you are, or prepare to disappear from the algorithm. The platform has announced that its existing AI creator label will be replaced with a clearer AI-generated profile designation. The change is […] The post Instagram Forces AI Influencers to Use AI-Generated Profile Labels or Risk Losing Reach appeared first on Tekedia.

OpenAI is expanding ChatGPT into healthcare by integrating ChatGPT Health with Epic’s electronic health record system, giving clinicians access to patient information and AI-assisted analysis across medical records covering more than 325 million patients. The integration will allow clinicians to import information from Epic and use ChatGPT to analyze and summarize appointment notes, laboratory results, […] The post OpenAI Integrates Chatgpt Health With Epic, Bringing AI Deeper Into Clinical Workflows appeared first on Tekedia.

U.S. oil company North American Blue Energy Partners (NABEP) is set to take control of several Venezuelan oilfields previously operated by Chinese companies and a Russian firm under a sweeping production agreement announced by President Donald Trump, according to two U.S. officials familiar with the arrangement cited by Reuters. The deal gives Washington and U.S.-backed […] The post U.S. Firm to Take Over Chinese, Russian-Linked Venezuelan Oilfields Under Trump-Backed Deal appeared first on Tekedia.

For years, advertising seemed almost incompatible with the vision Sam Altman had for OpenAI. The company built its identity around developing artificial intelligence that could answer questions, generate ideas and help people work without turning every interaction into an opportunity to sell something. Altman once described ads as a “last resort,” suggesting that OpenAI would […] The post OpenAI’s “Last Resort” Becomes a Massive Revenue Stream appeared first on Tekedia.

Web browsing is a routine source of malware, phishing attempts, credential theft, and unsafe downloads. A harmful page can affect an endpoint before security staff identify unusual activity. Browser isolation moves website processing away from the local device and into a controlled remote environment. Users still view and interact with the page in their familiar […] The post Risky Websites to Secure Sessions: How Browser Isolation Software Works appeared first on Tekedia.