Billionaire investor Leo KoGuan has expressed his displeasure with further investing in Nvidia, following Jensen Huang’s abrupt resignation as CEO. The Indonesian-born Chinese American businessman declared that he will make no additional investments in the chipmaker unless its longtime leader remains at the helm. Speaking on Huang’s departure, he said, “In the next 3 years, […] The post Billionaire Investor Leo KoGuan Refuses Further Nvidia Investment Without Jensen Huang appeared first on Tekedia.

The Crypto Fear & Greed Index dropped to 20, entering “Extreme Fear” territory and marking its lowest level in more than four months, as Bitcoin slid below $70,000 and briefly traded under $68,000. According to data, the widely followed sentiment gauge fell from 28 the previous day. Readings at or below 24 signal extreme fear, […] The post Crypto Fear & Greed Index Plunges to 20 as Bitcoin Falls Below $70,000 appeared first on Tekedia.

The United States government has started the new fiscal year with a significant deterioration in its public finances, as the Treasury Department reports a record budget deficit of $404 billion for October, representing a 42% increase compared with the same month a year earlier. The latest figures highlight the growing pressure on federal finances as […] The post US Treasury Reports Record $404 Billion Budget Deficit for October, Up 42% appeared first on Tekedia.

The cryptocurrency industry is facing two significant challenges involving regulatory uncertainty and cybersecurity concerns, as industry participants challenge Illinois’ proposed crypto transaction tax in court While hardware wallet manufacturer Trezor dramatically reduces its reseller network after discovering seed-stealing implants in its Safe 5 wallets. Although the developments involve different aspects of the digital asset ecosystem, […] The post Crypto Industry Challenges Illinois Transaction Tax as Trezor Cuts Reseller Network by 80% Following Wallet Security Scandal appeared first on Tekedia.

Oil prices climbed more than 1% after US President Donald Trump declared that the United States does not need to reach an agreement with Iran, renewing concerns about geopolitical tensions in the Middle East and their potential consequences for global energy supplies. The remarks added fresh uncertainty to an already sensitive oil market, where investors […] The post Oil Prices Rise More Than 1% as Trump Says US Does Not Need a Deal With Iran appeared first on Tekedia.

LangChain, a startup developing software for building and managing artificial intelligence agents, has raised $300 million in a Series C funding round at a $3 billion valuation, more than doubling its worth in about a year as businesses increase their adoption of autonomous AI systems. The funding round was led by CapitalG, with participation from […] The post LangChain Raises $300m at $3bn Valuation as Demand for AI Agent Management Grows appeared first on Tekedia.

Anthropic Chief Executive Dario Amodei has identified uncertainty over future computing demand as the company’s biggest business dilemma, highlighting the financial risks facing the artificial intelligence developer as it prepares for a highly anticipated initial public offering. Speaking during a Friday livestream conversation with JPMorgan Chase Chief Executive Jamie Dimon, Amodei said Anthropic must make […] The post Anthropic’s $900bn Infrastructure Commitments Expose Its Biggest Business Risk Ahead of IPO appeared first on Tekedia.

The growing relationship between traditional financial institutions and blockchain technology is becoming increasingly evident as Visa moves to support Western Union’s USDPT stablecoin on its global VisaNet payment network through Anchorage Digital. At the same time, artificial intelligence infrastructure company Cerebras Systems is demonstrating strong financial momentum, reporting third-quarter core revenue of $230.9 million, representing […] The post Visa Expands Stablecoin Payment Infrastructure As Cerebras Q3 2026 Revenue Jumps 70% to $230.9 Million appeared first on Tekedia.

Global stocks reversed early gains on Friday as investors assessed the fallout from Nvidia chief executive Jensen Huang’s resignation, bringing a turbulent week to a close with fresh uncertainty over the artificial intelligence industry, semiconductor supply chains and US technology policy. Huang stepped down on Thursday following revelations about extramarital affairs, including an alleged relationship […] The post Global Stocks Fall as Nvidia Leadership Crisis Deepens AI Market Uncertainty and Fed Rate Fears appeared first on Tekedia.

The cryptocurrency industry is facing two significant developments highlighting the growing importance of security, institutional adoption, and blockchain infrastructure Binance has announced that it has covered 100% of losses associated with a reported $6.3 billion hack, while the Depository Trust & Clearing Corporation (DTCC) is preparing to connect its Tokenization Service to the Solana blockchain. […] The post Binance Covers 100% of $6.3 Billion Hack Losses as DTCC Moves Tokenization Service Toward Solana appeared first on Tekedia.

Billionaire investor Howard Marks has warned that the rapid pace of artificial intelligence development could become a major vulnerability for the companies currently dominating the industry, questioning how long their technological advantages will last as competition intensifies. In his latest investment memo, the co-founder of Oaktree Capital Management argued that the speed of AI advancement […] The post Investor Howard Marks Warns AI Leaders Could Lose Their Dominance as Anthropic Prepares Mega-IPO appeared first on Tekedia.

Corporate executives are shifting organic search priorities from vanity metrics to commercial conversion frameworks that protect long-term market share. You likely track organic search reports each month, but high keyword rankings rarely guarantee meaningful revenue. For too long, digital strategies celebrated broad impressions that failed to move qualified buyers through your pipeline. Modern enterprise leaders […] The post Enterprise leaders rethink organic discovery as search algorithms reward depth appeared first on Tekedia.

Was your flight canceled in the FAA ground stop? Here’s what airlines owe you, and what they don’t The FAA ground stop canceled flights on Nov. 13. When you get a cash refund, what airlines do not owe you and how the free change waivers work. TechCity

The cryptocurrency market is facing renewed pressure as Bitcoin falls below the $70,000 threshold for the first time since August, highlighting deteriorating investor sentiment and growing uncertainty across digital assets. The decline comes alongside disappointing financial results from cryptocurrency exchange Gemini, while developments involving Securitize, Ethena, and BlackRock’s BUIDL fund suggest that institutional adoption and […] The post Bitcoin Drops Below $70,000 as Gemini Revenue Slides and Institutional Tokenization Gains Momentum appeared first on Tekedia.

The United States handled more than $12 billion in Venezuelan oil and other natural resource revenues during the first nine months of this year, according to an independent accounting report released by the State Department, detailing Washington’s control over the flow of funds following the January operation that removed President Nicolás Maduro from power. The […] The post US Handled $12bn of Venezuela’s Oil Revenue in Nine Months Under Post-Maduro Arrangement appeared first on Tekedia.

The US Department of Justice has intensified its efforts to combat cryptocurrency-related cybercrime after seizing approximately $1.2 billion in digital assets linked to North Korean operations and dismantling a sophisticated deepfake fraud scheme known as FaceStealer. The developments highlight the growing intersection between cryptocurrency, artificial intelligence, identity theft, and state-sponsored cybercrime, raising fresh concerns about […] The post DOJ Seizes $1.2 Billion in North Korea-Linked Crypto, Dismantles ‘FaceStealer’ Deepfake Scheme appeared first on Tekedia.

Nvidia’s sudden leadership crisis has shaken global markets, with shares falling after co-founder Jensen Huang resigned as chief executive following 33 years at the helm. The sell-off pushed the company’s market value below $4 trillion, highlighting investors’ dependence on its long-serving founder. The company confirmed that Huang had stepped down as president, CEO and a […] The post Nvidia Shares Plunge 13% as Jensen Huang Resigns After 33 Years, Colette Kress Takes Over appeared first on Tekedia.

Meet the ContiSX EarPod, powered by ContiSX proprietary blockchain technology and ContiSX Sage. Put it on and transact seamlessly across Nigeria in English, Yoruba, Igbo, Hausa, and Nigerian Pidgin. By enabling real-time, multi-way language interpretation, it empowers people to connect, trade, and collaborate across communities. When language ceases to be a barrier, every corner of […] The post Solving the Universal Language of Commerce in Nigeria with ContiSX Sage and ContiSX EarPod appeared first on Tekedia.

AyaHQ has been a stablecoin payments product, a remote-jobs marketplace, a training programme, a founder programme, and the operator of physical residencies in two countries.

Cisco Systems raised its annual revenue forecast on Thursday after reporting first-quarter results above Wall Street expectations, as the networking equipment maker benefits from growing demand for the infrastructure needed to connect expanding artificial intelligence data centers. The company now expects fiscal 2027 revenue of between $74.8 billion and $75.8 billion, up from its previous […] The post Cisco Raises Revenue Forecast to $75.8bn as AI Data Center Demand Fuels Networking Boom appeared first on Tekedia.

Germany’s financial markets delivered a significant milestone on Thursday as the country’s benchmark DAX index climbed above 27,000 points for the first time, reaching 27,001.67 during morning trading. The record performance came alongside a mixed set of corporate earnings from some of Germany’s largest companies, highlighting the resilience of major businesses despite uneven profitability across […] The post German DAX Breaks 27,000 Points as Allianz Raises Profit Outlook and Siemens Reports Lower Earnings appeared first on Tekedia.

Nvidia shares are heading towards their longest weekly losing streak in more than a decade, with a sudden leadership crisis accelerating a sell-off that had already erased about $1.6 trillion from the chipmaker’s market value. The stock has fallen for six consecutive weeks, its longest such run since 2012, losing 29% of its value as […] The post Nvidia Shares Face Longest Losing Streak Since 2012 as Huang’s Exit Deepens Investor Concerns appeared first on Tekedia.

Choosing between a one-year and a five-year policy depends on your budget, coverage needs, and personal preference for convenience. A longer-term policy saves you the hassle of annual renewals, but it does mean paying more upfront. Opting for multi-year 2-wheeler insurance can help lock in your rates and offer long-term peace of mind. Before deciding […] The post 1-year vs. 5-year Two-wheeler Insurance: Which Saves You More? appeared first on Tekedia.

If you import goods from 1688, Alibaba, Taobao or the Canton Fair and need to pay Chinese suppliers in RMB from Nigeria, Ghana, Kenya or other African countries, you probably know how stressful and challenging cross-border payments can be. Similarly, many African freelancers, remote workers and crypto traders struggle to convert their local currencies into […]

Large image generators are capable of taking pretty much anything and creating an image out of it. When you’re looking to build a business around one you’ll want to look for something people will enjoy using to further their creativity. Custom AI anime characters are a great example. People will want to generate images with […] The post The Business of Synthetic Media: How Niche AI Image Platforms Are Finding Profitable Audiences appeared first on Tekedia.

A coalition of nonprofit organizations has sued OpenAI, Anthropic, SpaceX’s artificial intelligence division, Meta Platforms and Alphabet’s Google, seeking a court order to halt further development of the most advanced AI models over concerns that the technology could pose an existential threat to humanity. The lawsuit, filed on Thursday in San Francisco, argues that California’s […] The post Nonprofits Sue OpenAI, Anthropic, Meta, Google and SpaceX Over Advanced AI Risks appeared first on Tekedia.

The rapid expansion of artificial intelligence could create a sharp imbalance in the US economy, allowing companies and investors that own the technology to capture a growing share of national income while workers face job losses, weaker bargaining power, and limited opportunities to adjust, Federal Reserve Governor Michael Barr has warned. Barr said on Thursday […] The post Fed Governor Says U.S. Should Prepare For “Serious Short-Term AI Job Disruptions appeared first on Tekedia.

President Donald Trump has called for Apple Executive Chairman Tim Cook to replace Jensen Huang as chief executive of Nvidia following Huang’s abrupt resignation. In a Truth Social post, Trump wrote that Huang “has done a fantastic job” and that “there is only one man to take his place which is the CEO of Apple. […] The post Trump Calls on Tim Cook to Take Over Nvidia Amid Jensen Huang Resignation Speculation appeared first on Tekedia.

Windward Bio has raised $175 million in its US initial public offering, adding to a growing pipeline of healthcare and biotechnology companies tapping public markets as listings in other sectors face pressure from economic uncertainty. The Basel, Switzerland-based drug developer sold approximately 10.3 million shares at $17 each, within its marketed range of $16 to […] The post Novo Holdings-Backed Windward Bio Raises $175m in US IPO as Biotech Listings Gather Pace appeared first on Tekedia.

CNBC host Jim Cramer has accused former Nvidia chief executive Jensen Huang of putting shareholders at risk through his personal conduct and management decisions, arguing that the chipmaker may emerge from the leadership crisis as a more disciplined business under new management. “Did he betray you, the shareholders?” Cramer asked on Thursday. “Yes. End of […] The post Cramer Says Jensen Huang Put Nvidia Shareholders at Risk, Sees Opportunity for a More Disciplined Company appeared first on Tekedia.

Nebius has outlined plans to spend between $40 billion and $45 billion on artificial intelligence infrastructure in 2027, a substantially larger investment programme than Wall Street had anticipated. However, delays at major data center projects and growing scrutiny from Microsoft are raising questions about whether the neocloud provider can deliver the capacity needed to support […] The post Nebius’ $40bn AI Infrastructure Spending Plan Faces Delays, Microsoft Contract Risks appeared first on Tekedia.

Cerebras Systems shares surged 17% in extended trading on Thursday after the artificial intelligence chipmaker reported better-than-expected quarterly results and issued revenue guidance above Wall Street estimates. The company also disclosed that it had secured a new agreement with Microsoft, adding another major cloud provider to its growing list of customers. The company reported adjusted […] The post Cerebras Shares Surge 17% After Strong Earnings and New Microsoft Deal appeared first on Tekedia.

US President Donald Trump has suggested that former Apple chief executive Tim Cook should replace Jensen Huang as head of Nvidia, adding an unexpected political dimension to the leadership crisis at the world’s leading AI chipmaker. “NOW THAT Nvidia CEO JENSEN HUANG, who has done a fantastic job, has resigned, there is only one man […] The post Trump Suggests Tim Cook Replace Jensen Huang at Nvidia, While Urging CEO to Fight for His Position appeared first on Tekedia.

Nvidia’s interim chief executive, Colette Kress, and newly appointed board chair Harvey Jones have moved to reassure employees following Jensen Huang’s abrupt resignation, promising continuity in the company’s operations while the board searches for a permanent successor. The two executives addressed the leadership transition in separate internal memos circulated on Thursday, according to documents obtained […] The post Nvidia’s New Leaders Reassure Employees After Jensen Huang’s Sudden Exit: Read the Memo appeared first on Tekedia.