S&P Global Ratings has revised its outlook on Meta Platforms to negative from stable, warning that the Facebook and Instagram owner could face mounting cash flow deficits and higher debt as it accelerates investment in artificial intelligence infrastructure. The ratings agency said on Friday that uncertainty surrounding Meta’s capital expenditure plans and its ability to […] The post S&P Cuts Meta’s Credit Outlook to Negative as AI Spending Threatens Cash Flow appeared first on Tekedia.

Reddit’s era of open browsing could be approaching a turning point as the social media platform reconsiders how its content is accessed, shared, and monetized across the internet. For years, Reddit has operated as a valuable destination for open discussions, community-driven knowledge, product recommendations, and personal experiences. However, the rapid growth of artificial intelligence, increasing […] The post Why Reddit Is Restricting Access to Its Content Across the Internet appeared first on Tekedia.

Berkshire Hathaway shares reached new record highs during the week, although the rally lost momentum as the month drew to a close, with the conglomerate gaining 8.9% in October while major US stock indexes came under pressure from a selloff in technology and artificial intelligence shares. According to CNBC, the company’s Class A shares closed […] The post Berkshire Hathaway Sets Fresh Records as October Rally Outpaces S&P 500 and Nasdaq appeared first on Tekedia.

DoorDash’s reported $17 billion deal for Instacart signals a potentially significant shift in the food delivery industry, raising questions about competition, operating costs, and the future of gig workers. As delivery platforms continue to expand their services and pursue greater market share, the consequences for drivers and shoppers could extend far beyond corporate earnings and […] The post DoorDash Instacart Deal and the Future of Gig Economy Jobs appeared first on Tekedia.

TikTok is expanding beyond short-form video with a new restaurant discovery feature and plans to introduce money transfers through direct messages, extending its efforts to become a platform where users can discover businesses, shop, book travel, and access financial services without leaving the app. The company announced this week that it is introducing an in-app […] The post TikTok Expands Restaurant Discovery and Payment Plans as It Pushes Towards Super App Model appeared first on Tekedia.

Apple will launch its long-awaited Apple Intelligence services in China in December, ending nearly two years of regulatory uncertainty as the company seeks to expand its artificial intelligence offerings in one of its most important markets through a partnership with Alibaba Group Holding. The first batch of features will become available to Chinese iPhone users […] The post Apple to Launch AI Features in China in December With Alibaba’s Qwen Integration appeared first on Tekedia.

Nigeria’s technology market is usually described by its problems, from unreliable infrastructure to a volatile economy. Dotun Daniel Adekunle, OPay’s chief operating officer and chief technology officer, argues that the country’s most durable companies are the ones built to survive its worst days. “Stubbornness is a business model in Africa,” Adekunle said in a keynote […]

The African Export-Import Bank (Afreximbank) and the African Petroleum Producers’ Organization (APPO) have formally established the Africa Energy Bank, creating a new financing institution intended to support oil and gas projects across the continent as traditional lenders reduce their exposure to fossil fuels. The bank has an authorized capital of $5 billion and is designed […] The post Africa Energy Bank Begins Operations With $5bn Capital to Address Financing Gap appeared first on Tekedia.

Binance has replenished up to 90% of approximately $6.3 billion in cryptocurrency assets stolen from its hot wallets in what the exchange described as a record theft, as it works to restore withdrawal services and reassure customers that they will not bear the financial cost of the breach. The world’s largest cryptocurrency exchange said on […] The post Binance Replenishes 90% of $6.3 Billion Stolen in Record Crypto Theft, Targets Full Recovery appeared first on Tekedia.

SpaceX President and Chief Operating Officer Gwynne Shotwell and her husband, Robert, plan to donate more than 2 million shares of the privately held space company to eligible American children through the Trump Accounts programme, extending a growing effort to give young people an early stake in financial assets. Shotwell announced the contribution in a […] The post SpaceX President Gwynne Shotwell to Gift More Than 2 Million Shares to Children Through Trump Accounts appeared first on Tekedia.

OpenAI has reduced its latest fundraising target by $10 billion as a sharp selloff in technology stocks intensifies scrutiny of the capital flowing into artificial intelligence, adding pressure to the ChatGPT maker’s efforts to secure fresh investment ahead of a planned public listing in 2027. The company is now seeking approximately $20 billion, down from […] The post OpenAI Cuts Funding Target by $10 Billion as AI Stock Selloff Pressures Valuation appeared first on Tekedia.

Africa’s creators have the talent and the audience. What holds them back is the infrastructure that turns attention into income.

Good People, across Africa, many young people amplified our message on ContiSX Phones, making us a brand even before we started. Thank you for believing in our mission! Today, I have two exciting updates. First: On November 10, 2026, we will push an operating system update to ContiSX Phones, activating access to our non-exchange products. […] The post ContiSX Opening Its Blockchain Ecosystem to Developers appeared first on Tekedia.

Artificial intelligence startup Cognition is reportedly considering a new funding round that could value the company between $70 billion and $80 billion, highlighting the growing investor appetite for advanced AI coding technologies. The potential fundraising would represent a significant milestone for the company behind Devin, an AI software engineering agent designed to perform complex coding […] The post AI Software Engineering Market Grows as Cognition Considers New Funding appeared first on Tekedia.

US spot Bitcoin exchange-traded funds (ETFs) recorded $137.3 million in net inflows, marking their third consecutive day of gains and signaling renewed investor interest in Bitcoin amid continuing cryptocurrency market volatility. The latest inflows highlight the importance of regulated investment products in connecting traditional financial markets with digital assets, potentially providing support for Bitcoin prices […] The post US Spot Bitcoin ETFs Attract $137.3 Million as Institutional Demand Strengthens appeared first on Tekedia.

NVIDIA is reportedly considering billions of dollars in credit guarantees to support Nscale’s development of a 460-megawatt data center designed to provide computing capacity for Anthropic, highlighting the growing financial commitments required to sustain the artificial intelligence boom. The proposed arrangement underscores NVIDIA’s expanding role in the AI infrastructure market, where demand for advanced processors, […] The post How Nscale’s Proposed 460MW Data Center Could Support Anthropic’s Claude AI appeared first on Tekedia.

Airtel now shows the network masts near you in its app. Here is how to report bad service Airtel Open Network in the MyAirtel app shows masts near you and lets you report poor calls and slow data. Here is how to use it. TechCity

Two lines in your website’s robots.txt file can tell AI companies not to train on it Microsoft, OpenAI, Google and Anthropic back one robots.txt entry to block AI training on your site. Here is the line and what it does not do. TechCity

Coinbase and Strategy have reported significant financial results for the third quarter, highlighting the growing influence of digital assets on corporate earnings. Coinbase recorded $718.7 million in net income, supported by its expanding cryptocurrency business and prediction markets revenue exceeding $200 million. Meanwhile, Strategy reported $19.53 billion in net income, largely driven by a $20.91 […] The post Coinbase Reports $718.7 Million Profit As Strategy Reports $20.91B Unrealized Digital Asset Gain in Q3 appeared first on Tekedia.

The cryptocurrency market is facing renewed uncertainty following a major security breach involving Binance, the world’s largest cryptocurrency exchange. The incident has prompted additional security investigations, the freezing of approximately $2.1 billion in stablecoins by Tether and Circle, and a temporary disruption to withdrawals. Meanwhile, Bitcoin has fallen below $78,000 as liquidations across the crypto […] The post Binance Security Breach Triggers Stablecoin Freezes and Market-Wide Crypto Sell-Off appeared first on Tekedia.

Wall Street’s biggest financial institutions are pushing back against the growing tokenization of traditional stocks, highlighting the conflict between established financial markets and blockchain-based alternatives. As digital asset platforms expand their offerings of tokenized equities, major companies and financial industry stakeholders are raising concerns about investor protection, regulatory compliance, and the potential risks of representing […] The post Wall Street Giants Shut the Door on Tokenized Stocks appeared first on Tekedia.

The financial industry is witnessing a growing convergence between traditional investment products, cryptocurrencies, and prediction markets. Franklin Templeton is introducing exchange-traded funds (ETFs) that reinvest stock dividends into Bitcoin, while prediction market platform Kalshi has raised $1 billion in a Series G funding round at a $40 billion post-money valuation. These developments highlight how established […] The post Franklin Templeton Bitcoin ETFs and Kalshi Funding Highlight Changing Investment Trends appeared first on Tekedia.

Verve plans to let customers pay by tapping their phones and, eventually, to let AI assistants make payments on their behalf.

Grey is building direct payment connections and currency pairs in African markets so cross-border transfers no longer use the dollar.

By Emmanuella Opara | October 31st, 2026 KEY POINTS MAIN STORY Airtel Nigeria has added more than 1,000 fifth-generation (5G) network sites in 2026 as the telecommunications company expands its infrastructure to improve coverage and meet rising demand for mobile connectivity. The Chief Executive Officer of Airtel Nigeria, Dinesh Balsingh, disclosed this on Friday at […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

By Emmanuella Opara | October 31st, 2026 KEY POINTS MAIN STORY MTN Nigeria recorded a 55.3 per cent increase in profit after tax to N1.17tn in the nine months ended September 30, 2026, supported by higher service revenue, improved operating margins and growing demand for data services. The telecommunications operator disclosed the performance in its […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Nigeria’s AI progress will be judged by the local problems it solves, panellists said at “The State of AI in Nigeria", a session at Moonshot by TechCabal.

America’s largest technology companies generated a record $542.9 billion in operating cash flow during the first nine months of 2026, but returned a sharply smaller proportion of that money to shareholders as the cost of expanding artificial intelligence infrastructure absorbed an increasing share of their resources. Microsoft, Alphabet, Amazon, Meta and Oracle returned just 9.3% […] The post Big Tech Returns Just 9.3% of Cash to Shareholders as AI Spending Pushes Free Cash Flow Into Deficit appeared first on Tekedia.

Alphabet and Amazon have faced significant investor pressure following disappointing third-quarter earnings developments, highlighting growing concerns about slowing growth, rising costs, and the sustainability of valuations across the technology sector. Alphabet reportedly plunged 11.5% as investors reacted to slowing search growth, while Amazon suffered a sharp decline following a quarterly earnings miss that reportedly erased […] The post Alphabet and Amazon Stocks Plunge as Q3 Earnings Disappoint Investors appeared first on Tekedia.

Binance co-founder Changpeng Zhao, widely known as CZ, publicly asked Elon Musk to stop trolling the exchange as it grappled with what appears to be the largest cryptocurrency theft in history. Recall that hackers siphoned roughly $6.3 billion from Binance-linked wallets across multiple blockchains this week, prompting an investigation and rapid response from the platform. […] The post CZ Urges Elon Musk to Stop Trolling Amid Binance’s Record Hack, Cites $1B+ SpaceX Stake appeared first on Tekedia.

American Republican politician Senator Cynthia Lummis has pointed to the record $6.3 billion Binance hack as evidence that the stalled CLARITY Act could have given crypto firms clearer legal authority to act faster on suspicious transactions. In a post on X, the Wyoming Republican described the Binance hack as the biggest heist in history, noting […] The post Senator Lummis Says CLARITY Act Would Have Enabled Faster Freezes After $6.3 Billion Binance Hack appeared first on Tekedia.

Meta Platforms has settled a lawsuit brought by an 18-year-old woman who accused the company of designing Instagram and Facebook to encourage addictive use, contributing to mental health problems and disordered eating. The settlement, announced by attorneys for the plaintiff on Friday, came after jury selection began on Wednesday in a Los Angeles state court […] The post Meta Settles Second Teen Social Media Addiction Lawsuit, Leaving Snap as Sole Defendant at Trial appeared first on Tekedia.

BP reported its highest quarterly underlying profit on record on Friday, benefiting from higher oil prices and stronger refining margins linked to the Iran war, as the British energy company moved to settle its remaining financial liabilities from the 2010 Deepwater Horizon disaster. The company reported third-quarter underlying replacement cost profit of $8.46 billion, its […] The post BP Posts Record $8.46 Billion Quarterly Profit as Iran War Boosts Oil and Refining Margins appeared first on Tekedia.

Elon Musk has issued a warning about the potential behavior of advanced artificial intelligence systems, stating that superintelligent AI agents could eventually exploit financial infrastructure, including cryptocurrency and decentralized finance protocols to obtain currency for their own purposes rather than for any human operator. His comment comes in the wake of a major security incident […] The post Elon Musk Warns: Superintelligent AI Agents May One Day Exploit Financial Systems For Themselves appeared first on Tekedia.