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Technology
Oracle Cancels $7 Billion Tencent Chip-Leasing Deal After US Government Pressure
Oracle has canceled a multibillion-dollar agreement to lease advanced artificial intelligence chips to Chinese technology group Tencent after facing pressure from the administration of US President Donald Trump, the Financial Times reported on Wednesday. US officials approached Oracle to raise concerns about the proposed arrangement, according to the newspaper, which cited people familiar with the […] The post Oracle Cancels $7 Billion Tencent Chip-Leasing Deal After US Government Pressure appeared first on Tekedia.
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Morgan Stanley, Others Tapped As RBI Forms Market Advisory Committee to Strengthen Oversight of India’s Financial Markets
The Reserve Bank of India (RBI) has established a technical consultative committee to engage banks, financial institutions and market participants on policy and operational issues affecting India’s rapidly evolving financial markets. The committee will provide a formal platform for discussions on money markets, government securities, foreign exchange trading, derivatives and financial market infrastructure, according to […] The post Morgan Stanley, Others Tapped As RBI Forms Market Advisory Committee to Strengthen Oversight of India’s Financial Markets appeared first on Tekedia.
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Airbnb CEO Brian Chesky Reveals Three Leadership Mistakes That Nearly Undermined His Growth as a Founder
Airbnb CEO Brian Chesky says the skills that helped him build the company were not enough to prepare him for running a global business, forcing him to rethink how he hired executives, managed employees and made strategic decisions as the startup expanded. Speaking on Monday’s episode of the How I Built This podcast with host […] The post Airbnb CEO Brian Chesky Reveals Three Leadership Mistakes That Nearly Undermined His Growth as a Founder appeared first on Tekedia.
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Gold and Silver Rally as Dollar Weakens After US Midterm Election Results
Gold, silver and other precious metals surged on Wednesday as the US dollar weakened and Treasury yields fell following midterm election results that pointed to a shift in congressional control, reviving demand for assets sensitive to monetary policy and currency movements. Spot gold rose 2.97% to $4,044.90 an ounce by 4:32 a.m. ET, while spot […] The post Gold and Silver Rally as Dollar Weakens After US Midterm Election Results appeared first on Tekedia.
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Global Stocks and Dollar Recover as US Election Results Raise AI Regulation Concerns
Global stocks and the US dollar recovered on Wednesday after falling overnight as investors assessed the implications of Democrats winning control of both chambers of Congress in the US midterm elections, an outcome that could increase regulatory scrutiny of artificial intelligence and complicate President Donald Trump’s economic agenda. Democrats recorded sweeping victories in traditionally Republican […] The post Global Stocks and Dollar Recover as US Election Results Raise AI Regulation Concerns appeared first on Tekedia.
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Google’s free Skilling Africa hub lets you study AI offline. Here’s how to start
Google’s free Skilling Africa hub lets you study AI offline. Here’s how to start Download short AI and digital skills lessons on Wi-Fi, then study offline with no data. Here is how to sign up for Skilling Africa with Google. TechCity
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JPMorgan Leads as Goodman Group and Digital Realty Offer A$715m for Stake in Struggling NextDC
Australian property developer Goodman Group and US data center operator Digital Realty have offered to acquire up to 9.9% of NextDC for approximately A$715 million ($499.7 million), seeking to take advantage of a sharp decline in the company’s share price following delays to a major infrastructure project. The proposed after-market transaction values the shares at […] The post JPMorgan Leads as Goodman Group and Digital Realty Offer A$715m for Stake in Struggling NextDC appeared first on Tekedia.
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Android’s November update fixes a hidden text that can drop your calls
Android’s November update fixes a hidden text that can drop your calls Google rates the call crash bug critical. Check your Android security update date in under a minute and see if your phone has the fix. TechCity
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Google Expands Employee Buyouts Across Five Countries as AI Spending Drives Cost Pressures
Alphabet’s Google has expanded voluntary employee buyout programmes to several countries as the company seeks to control operating costs and redirect resources towards artificial intelligence and cloud computing, as its investment in AI infrastructure continues to increase. The company confirmed to Reuters that it began offering voluntary exit packages in June to employees in Canada, […] The post Google Expands Employee Buyouts Across Five Countries as AI Spending Drives Cost Pressures appeared first on Tekedia.
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The 20-year experiment: Why IFC thinks African agritech has finally come of age
The IFC is backing 15 African agritech companies and connecting them to nearly 200 commercial banks to expand financing for smallholder farmers, reduce lending risks, and boost agricultural productivity.
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How to set a holiday tech budget and actually stick to it
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AFIS 2026: African banks must rethink digital transformation, says CR2 CEO
African banks must move beyond launching digital apps and invest in stronger banking infrastructure to cut costs, improve customer experience, and compete with fintechs, says Fintan Byrne, CEO of CR2, at AFIS 2026 in Luanda.
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Farouk Ibrahim is learning to build what people actually need
Growing up in Ibadan, he repaired broken toys or made paper replacements, sometimes selling them to schoolmates for ₦5 ($0.0037).
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Anthropic Spends $1.7bn on Staff in Three Months as IPO Set to Create New Millionaires
Anthropic’s rapid expansion has turned employment at the artificial intelligence company into an unusually lucrative opportunity, with personnel expenses exceeding $1.7 billion in the third quarter of 2026 as the company prepares for an initial public offering later this month. The spending covered approximately 5,300 employees between July and September, translating into an average personnel […] The post Anthropic Spends $1.7bn on Staff in Three Months as IPO Set to Create New Millionaires appeared first on Tekedia.
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Helium Health secures $2.5 million Google grant to tackle maternal deaths with AI
Helium Health has received $2.5 million grant from Google.org to deploy AI tools that help identify pregnancy risks and improve maternal healthcare delivery in Nigeria.
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The $49.99 Xbox Nano Controller is out today, but the charging cable is not in the box
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Anthropic Warns It May Be Approaching Recursive AI Self-Improvement in Revised SEC Filing
Anthropic has warned that it may be approaching a stage in artificial intelligence development where AI systems significantly accelerate the creation of more capable models, raising new questions about whether the company’s safety measures can keep pace with advances in its technology. The warning appeared in the AI company’s revised S-1/A registration filing submitted on […] The post Anthropic Warns It May Be Approaching Recursive AI Self-Improvement in Revised SEC Filing appeared first on Tekedia.
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Apple Posts $114.5bn Revenue as New CEO John Ternus Faces Rising Memory Costs and China Weakness
Apple delivered better-than-expected quarterly revenue and earnings in John Ternus’ first financial results presentation as chief executive, but weaker sales in China and iPads, alongside rising memory costs, exposed the pressures facing the company as it enters the crucial holiday shopping season. The company reported revenue of $114.5 billion for its fiscal fourth quarter, beating […] The post Apple Posts $114.5bn Revenue as New CEO John Ternus Faces Rising Memory Costs and China Weakness appeared first on Tekedia.
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Australia Raises Interest Rate to 4.85%, Highest Since 2008, as Inflation Forecast Extends Into 2027
The Reserve Bank of Australia has raised its benchmark interest rate by 25 basis points to 4.85%, its highest level since November 2008, as persistent inflation and rising costs linked to energy, commodities and artificial intelligence investment force policymakers to maintain a restrictive monetary stance. The increase, announced on Tuesday, was in line with expectations […] The post Australia Raises Interest Rate to 4.85%, Highest Since 2008, as Inflation Forecast Extends Into 2027 appeared first on Tekedia.
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Bill Ackman Warns Leveraged Speculation Is Turning Stock Market Into a Casino
Billionaire investor Bill Ackman has warned that rising speculative trading and the growing use of leverage are creating sharp and unpredictable movements in stock prices, raising concerns about the stability of financial markets and the risks facing retail investors. The founder of Pershing Square Capital Management said prices in some stocks increasingly appeared disconnected from […] The post Bill Ackman Warns Leveraged Speculation Is Turning Stock Market Into a Casino appeared first on Tekedia.
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The plumbing behind the apps: Why Africa’s next fintech leap belongs to national switches
Switch Al-Maghrib's Hanae Ben Driss, argues that national fragmentation is a prerequisite for sovereignty, explains why wallets trump cards for cross-border scale, and reveals plans for an association of African national switches.
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Airtel Nigeria’s data boom hits an operating cost bottleneck
Airtel Nigeria’s revenue and earnings are rising as customer numbers and data consumption grow, but its quarterly EBITDA margin has slipped. With fuel costs climbing and network investment accelerating, the operator faces the challenge of turning stronger demand into sustainable profitability and cash flow.
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What a Mobile Cash Game Shows You After You Lose Decides Whether You Ever Get Better
A player loses a paid match and the screen says so. Sometimes it says by how much. Then it offers another match. For most mobile games that is the entire end-of-match experience, and for a game played purely for entertainment that is fine. In a format where the player paid to enter and the result […] The post What a Mobile Cash Game Shows You After You Lose Decides Whether You Ever Get Better appeared first on Tekedia.
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Batch-Specific vs Generic Certificates of Analysis for Research Peptides: What Each Document Can Actually Prove
The certificate of analysis is the only document that travels with a research peptide from the synthesis facility to the laboratory bench. It is also the document most often skimmed. Two certificates can carry identical headings, identical formatting and identical-looking figures, and prove entirely different things. The difference is not cosmetic. One records what was […] The post Batch-Specific vs Generic Certificates of Analysis for Research Peptides: What Each Document Can Actually Prove appeared first on Tekedia.
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Starting With a Blank Credit File: The First Financial Moves That Matter
Building a financial future is easier when you have a positive credit history behind you. However, getting started can feel frustrating when lenders have little or no information to evaluate your financial reliability. Without previous loans or credit cards, even responsible consumers may struggle to qualify for certain financial products. Fortunately, understanding how to build […] The post Starting With a Blank Credit File: The First Financial Moves That Matter appeared first on Tekedia.
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ContiSX Phone Unboxing [video]
So far, this is the best unboxing of ContiSX M16 Blockchain Phone, the first and only Africa’s native blockchain smartphone. The design/printing of the packaging was done by Aba and PHC Nigeria creators, and the engineering by the best embedded systems and blockchain engineers in Africa. Designed in Nigeria. Shipped to 17 countries. Contributed by […] The post ContiSX Phone Unboxing [video] appeared first on Tekedia.
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👨🏿‍🚀TechCabal Daily – Caireful what you bid for
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Every fibre cut sets Nigeria’s digital economy back, but who pays?
These disruptions expose significant enforcement gaps, raising a central question of who ultimately pays when statutory protections fail to stop contractors and vandals from repeatedly severing the nation’s digital backbone
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Airtel Nigeria puts its network map in subscribers’ hands
The feature, called Airtel Open Network, also allows customers to report poor network experiences directly to the telecom operator.
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Apple Inventory Jumps 154% as Rising Memory Costs Threaten Profit Margins
Apple significantly increased its inventory in the September quarter as it sought to secure supplies of computer memory amid unprecedented price increases, a move that could provide some short-term cost protection but is expected to offer diminishing benefits as component prices continue to rise. The company’s inventory increased to $14.54 billion in its fiscal fourth […] The post Apple Inventory Jumps 154% as Rising Memory Costs Threaten Profit Margins appeared first on Tekedia.
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Alphabet Seeks €6 Billion From Bond Sale as AI Spending Raises Investor Concerns
Alphabet is raising €6 billion ($6.7 billion) through a euro-denominated bond sale, testing investor demand for technology debt as concerns over the cost and profitability of artificial intelligence investments continue to unsettle equity and credit markets. The Google parent is offering the bonds in seven tranches, with total investor demand exceeding €17 billion, according to […] The post Alphabet Seeks €6 Billion From Bond Sale as AI Spending Raises Investor Concerns appeared first on Tekedia.
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Binance Founder CZ Claims Banks May Be More Vulnerable to Cyberattacks Than Crypto Exchanges
Binance founder Changpeng Zhao, widely known as CZ, has stated that traditional banks may face higher risks from cyberattacks than cryptocurrency exchanges. His comments come just days after Binance suffered a record $6.3 billion theft, the largest cryptocurrency heist in history. The attack, attributed by the FBI and blockchain analytics firms to the North Korean-linked […] The post Binance Founder CZ Claims Banks May Be More Vulnerable to Cyberattacks Than Crypto Exchanges appeared first on Tekedia.
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North Korea Rejects FBI Link to $6.3bn Binance Hack as Laundering Spreads Across Blockchains
North Korea has rejected allegations that it was behind the estimated $6.3 billion theft from cryptocurrency exchange Binance, describing the accusation as a “grave political provocation” as blockchain investigators continue to track the movement of stolen assets across multiple networks. Kim Yo Jong, sister of North Korean leader Kim Jong Un, condemned the FBI’s attribution […] The post North Korea Rejects FBI Link to $6.3bn Binance Hack as Laundering Spreads Across Blockchains appeared first on Tekedia.
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US Appeals Court Rejects Bid to Cut $115,000 Legal Fee Award Over Law Firm’s AI Use
A US federal appeals court has ruled that a law firm’s use of artificial intelligence in a trade secrets lawsuit does not, by itself, justify reducing its legal fee award, rejecting an argument that AI-assisted work should have lowered the amount charged to the opposing party. The Denver-based 10th US Circuit Court of Appeals upheld […] The post US Appeals Court Rejects Bid to Cut $115,000 Legal Fee Award Over Law Firm’s AI Use appeared first on Tekedia.
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Shopify Shares Fall 9% as Subscription Profit and Gross Merchandise Volume Miss Estimates
Shares of Shopify fell 9% in early trading on Tuesday after the e-commerce platform reported weaker-than-expected subscription gross profit and gross merchandise volume, raising concerns about performance in parts of its business even as adjusted earnings exceeded market forecasts. The company reported adjusted earnings of 49 cents per share for the quarter, beating LSEG analysts’ […] The post Shopify Shares Fall 9% as Subscription Profit and Gross Merchandise Volume Miss Estimates appeared first on Tekedia.
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From Software to Hardware: Why Vibe Manufacturing Is the Next AI Revolution
The artificial intelligence revolution is moving beyond software development. What began as vibe coding, where people use AI tools to build applications and write code without traditional programming skills, is evolving into something much bigger: vibe manufacturing. A growing number of entrepreneurs, engineers and creators are using AI to design physical products, develop prototypes and […] The post From Software to Hardware: Why Vibe Manufacturing Is the Next AI Revolution appeared first on Tekedia.
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