The world’s largest technology companies are on course to spend as much as $828 billion on capital expenditure this year as they accelerate investment in data centers, computing equipment and other infrastructure supporting the expansion of artificial intelligence. Amazon, Alphabet, Meta, Microsoft and SpaceX collectively spent about $227 billion in the third quarter, a 20% […] The post Big Tech AI Infrastructure Spending Set to Reach $828 Billion in 2026 as Hyperscalers Expand Investment appeared first on Tekedia.

The technology sector is facing renewed attention as the U.S. Department of Justice reportedly examines Nvidia’s $12.93 billion purchase of Hugging Face, while Microsoft has delivered stronger-than-expected financial results that sent its stock rising more than 5%. These developments highlight the growing influence of artificial intelligence, intensifying regulatory scrutiny, and the financial rewards available to […] The post Nvidia-Hugging Face Deal Faces DOJ Scrutiny as Microsoft Stock Jumps 5% appeared first on Tekedia.

Binance, the world’s largest cryptocurrency exchange, has suffered a $6.3 billion security breach in what analysts described as the biggest cryptocurrency theft on record, raising fresh concerns about the safety of digital assets held on centralized trading platforms. The attack triggered a broad decline in cryptocurrency prices, forced Binance to suspend withdrawals, and renewed scrutiny […] The post Binance Hit by $6.3bn Crypto Theft as North Korea Suspected in Record Exchange Hack appeared first on Tekedia.

On November 10, 2026, we will do an operating system update for all users of ContiSX Phone. That update will push the following services live both on the web and the phone: -ContiSX Sage: AI-powered intelligence for market insights, research, financial analysis and multilingual assistance in Igbo, Hausa, Yoruba, Pidgin and English. -ContiSX Shield: Security […] The post Major OS Update for ContiSX Phones on Nov 10, 2026 appeared first on Tekedia.

Alphabet shares fell more than 7% after the company reported third-quarter revenue of $127.58 billion, missing market expectations and raising questions about the technology giant’s financial performance amid intensifying competition in artificial intelligence. The decline came as Google unveiled Gemini 4 Carbon, a new artificial intelligence model that Chief Executive Officer Sundar Pichai said ranks […] The post Alphabet Revenue Miss Puts Google’s AI Strategy Under the Spotlight appeared first on Tekedia.

The Bank of Japan has declared that underlying inflation is now “generally consistent” with its 2% target for the first time since adopting the objective in 2013, marking a significant shift in its assessment as policymakers prepare for the possibility of further interest rate increases. The central bank had previously described underlying inflation as “approaching […] The post Bank of Japan Signals 2% Inflation Target Achieved, Strengthening Case for Further Rate Hikes appeared first on Tekedia.

Intel shares fell sharply in extended trading on Thursday after the chipmaker issued a weaker-than-expected fourth-quarter outlook, warning that softness in the global personal computer market and production disruptions would weigh on near-term performance. The forecast overshadowed third-quarter results that exceeded Wall Street’s expectations, with revenue rising 21% year over year as demand for data […] The post Intel Shares Plunge After Weak Fourth-Quarter Forecast Exposes PC Market Pressures and Supply Constraints appeared first on Tekedia.

The financial industry is entering a new phase of digital asset adoption as the Depository Trust and Clearing Corporation (DTCC) moves forward with securities tokenization, while growing interest in perpetual futures trading brings traditional finance closer to decentralized markets. Developments involving DTCC, the New York Stock Exchange’s parent company, OKX, and Hyperliquid highlight how established […] The post DTCC Tokenization Goes Live With 34 Securities as ICE Expands Hyperliquid Perps appeared first on Tekedia.

The Federal Reserve has kept interest rates unchanged, maintaining its benchmark federal funds target range at 3.75% to 4% after its October 28, 2026, meeting. The decision reflects policymakers’ effort to balance persistent inflation against resilient economic activity while gathering evidence before deciding whether borrowing costs should rise or fall. The Federal Open Market Committee […] The post Fed Holds Interest Rates Steady at 3.75%–4% as Kevin Warsh Announces FOMC Meeting Changes appeared first on Tekedia.

Gold prices dropped below $4,000 an ounce on Friday, reaching their lowest level since mid-July as rising crude oil prices, stronger US economic growth and persistent inflation increased expectations that the Federal Reserve could raise interest rates again in December. Spot gold fell 0.6% to $3,995.42 per ounce by 0904 GMT, after touching its lowest […] The post Gold Falls Below $4,000 as Oil Prices and US Inflation Raise December Rate-Hike Bets appeared first on Tekedia.

Artificial intelligence is continuing to transform professional services and software development, as companies introduce tools designed to improve productivity, reduce operational expenses, and make advanced capabilities more accessible. Anthropic’s Claude is expanding its support for legal work through a gallery of ready-made artifacts, while GitHub Copilot Fusion is targeting software developers with frontier-level coding quality […] The post AI Productivity Advances as Claude Introduces Legal Artifacts and GitHub Copilot Fusion Cuts Coding Costs appeared first on Tekedia.

The global cryptocurrency industry is entering another phase of regulatory expansion as major digital asset exchanges pursue new licenses and trading products. Binance has applied for a crypto service provider license in Brazil, while Payward, the parent company of Kraken, plans to introduce Commodity Futures Trading Commission (CFTC)-regulated perpetual futures for US clients. These developments […] The post Binance and Kraken Expand Their Cryptocurrency Market Strategies appeared first on Tekedia.

The financial technology and artificial intelligence sectors are entering a new phase of growth as Robinhood reports its third-quarter earnings. Ripple secures final approval from the Office of the Comptroller of the Currency (OCC) to launch a national trust bank, and Broadcom arranges a $63 billion financing deal connected to Anthropic’s artificial intelligence chips. These […] The post Robinhood Q3 Earnings, Ripple Bank Approval, and Broadcom’s $63B AI Deal appeared first on Tekedia.

Microsoft and Alphabet have signaled a more measured near-term pace for artificial intelligence infrastructure spending, with both companies reporting capital expenditure figures below analysts’ expectations as delivery delays and financing pressures expose vulnerabilities in the supply chain supporting the AI boom. Microsoft lowered its capital expenditure forecast for the year to $170 billion from $175 […] The post Microsoft and Alphabet Cap AI Spending Forecasts as Infrastructure Delays Expose Risks for Neoclouds appeared first on Tekedia.

Eutelsat expects to generate more than €10 billion ($11.1 billion) in commercial services revenue from 2032 to 2040 as it takes a leading role in the European Union’s planned satellite communications network, strengthening its position in Europe’s effort to reduce dependence on Elon Musk’s Starlink. The Franco-British satellite operator said on Thursday that its role […] The post Eutelsat Forecasts €10bn in IRIS² Services Revenue as Europe Builds Starlink Alternative appeared first on Tekedia.

Thrive Holdings, the private equity spinout of venture capital firm Thrive Capital, has agreed to acquire physical security company ADT in a deal valued at $15.3 billion, including debt, as investors increasingly look to artificial intelligence to reshape the home security market. The companies announced on Thursday that Thrive Holdings would pay $10 per share […] The post Thrive Holdings Agrees to Acquire ADT in $15.3bn Deal to Expand AI-Powered Home Security appeared first on Tekedia.

French artificial intelligence company Mistral has released the weights of its trillion-parameter Mistral Large 4 model, giving businesses and government agencies the option to download, deploy, and operate the system within their own computing environments as competition intensifies over access to advanced AI. Nicknamed “Le Chonk,” the model was introduced earlier this month and is […] The post Mistral Releases Trillion-Parameter Open-Weight Large 4 AI Model to Expand Sovereign Cybersecurity Capabilities appeared first on Tekedia.

Amazon shares fell more than 7% in extended trading on Thursday after the company reported third-quarter earnings and revenue below Wall Street expectations, while its aggressive artificial intelligence infrastructure spending continued to weigh on cash flow. The results exposed a widening contrast within the technology giant. Amazon Web Services (AWS) delivered stronger-than-expected growth, supported by […] The post Amazon Shares Plunge 7% as Weak Retail and Advertising Sales Overshadow AWS Growth appeared first on Tekedia.

The artificial intelligence industry is entering a new phase of competition as major technology companies commit enormous sums to artificial intelligence infrastructure, advanced computing and semiconductor financing. Nvidia’s reported $3 billion investment in Meta’s $97.5 billion equity raise, Anthropic’s agreement to spend up to $120.5 billion on SpaceX computing resources, and SpaceX’s disclosure of an […] The post Nvidia, Meta, Anthropic, and SpaceX’s Massive AI Investments and Financing Deals appeared first on Tekedia.

OPay is now trading on the New York Stock Exchange at $19 a share OPay sold 16 million shares at $19 each in its New York listing, raising $304 million and valuing the company at about $4 billion. TechCity

Credit Direct, the consumer lending subsidiary of FCMB Group, a Nigerian financial services group, is expanding beyond traditional lending into embedded finance as it seeks to make credit and other financial services more accessible to individuals and businesses.

The digital asset market is witnessing another significant shift in corporate treasury strategies as Strive purchases $511 million worth of Bitcoin, BitMine adds 10,452 Ether to its holdings, and Strategy pauses its Bitcoin acquisitions while repurchasing its STRC preferred shares. These developments highlight how publicly traded companies are adjusting their cryptocurrency exposure, balancing long-term accumulation […] The post Strive’s $511M Bitcoin Purchase, BitMine’s Ethereum Accumulation, and Strategy’s STRC Repurchase appeared first on Tekedia.

The artificial intelligence industry is entering a new phase as companies compete to transform technological breakthroughs into commercial opportunities. Anthropic has filed an S-1 registration statement for a proposed initial public offering on the Nasdaq stock exchange under the ticker symbol ANT, while OpenAI has announced three AI-assisted scientific discoveries spanning mathematics, complexity theory and […] The post Anthropic’s Proposed ANT Nasdaq IPO Ticker and OpenAI’s AI-assisted Scientific Discoveries. appeared first on Tekedia.

One of the most repeated numbers about betting in Nigeria is that 60 million people bet every day. In October 2025, the Director-General of the Securities and Exchange Commission told a stockbrokers’ conference that more than 60 million Nigerians engage in gambling daily. No source was given. The same figure appears in a News Agency […] The post “60 million Nigerians bet every day”? Nobody counted them appeared first on Tekedia.

A business can look incredibly successful on paper while struggling to pay its bills. It might be bringing in plenty of sales, attracting new customers, and reporting healthy profits, yet still find itself short of money when important payments are due. This is where understanding the difference between cash flow and profit becomes essential, particularly […] The post Cash Flow vs Profit and What Growing Businesses Need to Understand appeared first on Tekedia.

Across fintech, payments and digital entertainment, the fastest way to launch is no longer to build. Companies license a ready-made core, put their own brand on top, and go to market in weeks. Regulators on three continents are now sending the same message to everyone in that chain: the license holder still owns the compliance […] The post White-Label Everything: Renting the Platform Doesn’t Mean Renting Out the Risk appeared first on Tekedia.

Running a startup is expensive enough without adding a massive cybersecurity bill. But ignoring online security? That could cost you even more. From phishing emails and stolen passwords to unsecured Wi-Fi, cyber threats can hit businesses of any size. And when your team works remotely, keeping everyone protected becomes even trickier. The good news? You […] The post Cybersecurity on a Budget: A Practical Guide for Startup Founders appeared first on Tekedia.

South Africa may check your fingerprint or face before you get a SIM. Here’s what the plan says ICASA's draft SIM rules add biometric checks and a five number limit per network. Here is what changes, when, and how to comment by Dec. 9. TechCity

GM will pay $220 million over selling driving data. Here’s how to see and delete yours GM will pay $220 million over selling driving data. Drivers get no checks, but they get new rights. Here is how to see and delete yours. TechCity

Binance says it will cover a $6.3 billion hack. Here’s what to do with your account now Binance says hackers took about $6.3 billion and it will cover every loss. Withdrawals are paused. Here is what to do and which scams to ignore. TechCity

Kano: the latest batch of ContiSX Phones has arrived at the airport for you! Within the next 24 hours, our logistics partner will deliver your devices. Our updated commitment is simple: we will deliver ContiSX devices anywhere in Nigeria and internationally within 14 days of ordering. Let me also use this opportunity to celebrate something […] The post The Making of ContiSX Phones And Ergonomics Talent of Aba, PHC [video] appeared first on Tekedia.

Banks must anticipate customers’ needs and embed financial services into everyday transactions to compete with digital platforms, executives from Access Holdings and OPay told Moonshot by TechCabal in Lagos.

Grey wants to turn foreign salary records into a path to credit for remote workers whose earnings traditional lenders struggle to assess.

Franco-Tunisian biotechnology startup nextProtein is facing a major operational crisis in Tunisia after a fire destroyed its new production facility and authorities suspended operations at its existing factory. The developments have disrupted the company’s expansion plans and raised concerns about regulatory uncertainty, environmental oversight, and the future of foreign-backed climate technology projects in the country. […] The post Tunisia’s nextProtein Faces Major Setback Following Factory Fire and Regulatory Shutdown appeared first on Tech In Africa.

Angolan financial technology startup CYTO has secured $40,000 in angel funding through Catalytic Africa’s co-investment programme to expand its financial automation platform and strengthen support for businesses managing invoices, transactions, and tax compliance. The funding combines $20,000 from investors affiliated with the African Business Angel Network (ABAN) and a matching $20,000 contribution from timbuktoo, a […] The post Angolan Fintech CYTO Secures $40,000 to Expand Financial Automation Solutions appeared first on Tech In Africa.