Naija News Feed
Technology
Africa’s creator economy needs more than talent to turn creativity into money
Africa’s creative industries have no shortage of talent or stories to tell. What they lack is the commercial infrastructure to distribute their work, reach audiences and get paid for it. That was the central argument at a Creative Economy Stage panel at Moonshot by TechCabal on Thursday where executives from film, live entertainment, payments and […]
TechCabal -
Tencent and Visa Expand China Payments Partnership as Beijing Opens Financial Sector to US Firms
Tencent and Visa are expanding their partnership in cross-border payments and artificial intelligence-powered commerce, as the US payments company moves closer to entering China’s domestic bank card market following fresh regulatory approvals. The agreement, announced on Thursday, will focus on improving payment services for international travelers, expanding cross-border money transfers and exploring new ways to […] The post Tencent and Visa Expand China Payments Partnership as Beijing Opens Financial Sector to US Firms appeared first on Tekedia.
Tekedia -
DeepSeek, Moonshot AI Reportedly Used OpenAI’s GPT-6 Astra to Train Latest Models
Chinese artificial intelligence developers DeepSeek and Moonshot AI relied heavily on outputs from OpenAI’s GPT-6 Astra model to train their latest systems, according to a report by The Information, intensifying concerns among leading AI companies over the use of model distillation to replicate advanced capabilities at a lower cost. The report, published on Wednesday and […] The post DeepSeek, Moonshot AI Reportedly Used OpenAI’s GPT-6 Astra to Train Latest Models appeared first on Tekedia.
Tekedia -
China’s Z.AI Model Completes Simulated Cyberattacks and Repeatedly Ignores Instructions, Study Finds
China’s Z.AI has developed an artificial intelligence model capable of executing complex cyberattacks in controlled simulations, while separate tests found it repeatedly disregarded explicit instructions, raising concerns about the security implications of sophisticated open-weight AI systems. The company’s GLM-5.3 model successfully completed three of 13 multistage cyberattack scenarios at least once, according to a report […] The post China’s Z.AI Model Completes Simulated Cyberattacks and Repeatedly Ignores Instructions, Study Finds appeared first on Tekedia.
Tekedia -
European Stocks and Bonds Rally as Lagarde Steps Down, Investors Weigh ECB Policy Against AI Spending Risks
European stocks and government bonds rallied on Thursday as investors assessed the European Central Bank’s next policy move and awaited earnings from Amazon and Intel, with mounting concerns over the cost of artificial intelligence infrastructure weighing on technology shares. The STOXX 600 rose 0.5%, holding up despite a roughly 1% decline in Nasdaq futures and […] The post European Stocks and Bonds Rally as Lagarde Steps Down, Investors Weigh ECB Policy Against AI Spending Risks appeared first on Tekedia.
Tekedia -
Shell, TotalEnergies Boost Buybacks as War-Driven Energy Profits Surge
Shell and TotalEnergies reported sharply higher third-quarter profits on Thursday as soaring energy prices and near-record refining margins boosted earnings, allowing both oil majors to increase shareholder payouts despite disruptions to their production and infrastructure from the war in the Middle East. Shell raised its quarterly share buyback programme to $5 billion from $3 billion, […] The post Shell, TotalEnergies Boost Buybacks as War-Driven Energy Profits Surge appeared first on Tekedia.
Tekedia -
Elon Musk’s Starlink Dispute With Ukraine Deepens Over Military Communications
Elon Musk’s ongoing dispute with Ukraine over Starlink highlights the complicated relationship between private technology companies, national security and modern warfare. Since Russia launched its full-scale invasion of Ukraine in February 2022, Starlink, the satellite internet service operated by Musk’s SpaceX, has played a crucial role in maintaining communications for Ukrainian military units, government agencies […] The post Elon Musk’s Starlink Dispute With Ukraine Deepens Over Military Communications appeared first on Tekedia.
Tekedia -
UK Emergency Preparedness Advice Amid Global Disasters and War
Families should keep at least three days’ worth of essential supplies at home as governments warn that disasters, geopolitical tensions and unexpected emergencies could disrupt everyday life. The United Kingdom has renewed attention on household preparedness, encouraging citizens to take practical steps to protect themselves against situations that could interrupt electricity, water supplies, communications, transportation […] The post UK Emergency Preparedness Advice Amid Global Disasters and War appeared first on Tekedia.
Tekedia -
Safaricom dismisses 118 staff for fraud, four times the 2021 level
Safaricom dismissed 118 employees for fraud in the year to March, even as fraud incidents fell 82%, pointing to a declining insider threat amid an intensified crackdown at Kenya’s largest telecoms operator.  The figure, disclosed in the company’s 2026 Sustainable Business Report released on Tuesday at its Nairobi headquarters, is more than four times the […]
TechCabal -
Meta Loses French Court Appeal in Dispute Over Payments for News Content
Meta Platforms has lost its appeal against interim measures imposed by French regulators in a dispute over payments to news publishers for the use of their content, strengthening regulatory pressure on the Facebook and Instagram owner to negotiate compensation agreements with media organizations. The Paris Court of Appeals rejected Meta’s challenge on Thursday, upholding measures […] The post Meta Loses French Court Appeal in Dispute Over Payments for News Content appeared first on Tekedia.
Tekedia -
Merck Raises 2026 Profit Forecast as Keytruda Sales Beat Estimates and New Injection Gains Ground
Merck raised its adjusted earnings outlook for 2026 after third-quarter revenue and profit exceeded Wall Street expectations, supported by stronger-than-anticipated sales of its cancer immunotherapy Keytruda and growing demand for a newer injectable version of the blockbuster drug. The pharmaceutical company now expects adjusted earnings of $2.77 to $2.82 per share, up from its previous […] The post Merck Raises 2026 Profit Forecast as Keytruda Sales Beat Estimates and New Injection Gains Ground appeared first on Tekedia.
Tekedia -
“It has to touch the lives of people”: the Gates Foundation’s challenge to Africa’s AI builders
TechCabal -
 
 
These are the best TVs to buy this holiday season at every budget
These are the best TVs to buy this holiday season at every budget Six TVs worth buying this holiday season, sorted into four budgets. Our price-per-inch math shows the 65-inch TCL QM6K gives the most screen for the money, and we flag which picks are worth holding for Black Friday on Nov 27. TechCity
Tech City NG -
Best Crypto Sports Betting Site: What Matters Beyond the Odds?
Cryptocurrency is changing how people interact with online betting platforms. Digital wallets, blockchain-based transactions, and international sports coverage have created another set of considerations for bettors comparing online sportsbooks. Yet a platform that accepts Bitcoin is not automatically the best option. The quality of its markets, transparency of its rules, payment procedures, and regulatory position […] The post Best Crypto Sports Betting Site: What Matters Beyond the Odds? appeared first on Tekedia.
Tekedia -
Nvidia Faces DOJ Scrutiny Over $13 Billion Hugging Face Acquisition
Nvidia is facing scrutiny from the US Department of Justice over its nearly $13 billion acquisition of Hugging Face, as regulators examine whether the deal could affect competition in the artificial intelligence industry and the ability of rival companies to access a widely used platform for developing and sharing AI models. CNBC confirmed the inquiry […] The post Nvidia Faces DOJ Scrutiny Over $13 Billion Hugging Face Acquisition appeared first on Tekedia.
Tekedia -
Canadian Dollar Rises as Bank of Canada Hikes Rates, US Dollar Weakens After Fed Decision
The Canadian dollar strengthened against its US counterpart on Wednesday after the Bank of Canada raised interest rates for the first time in more than three years, while government bond yields climbed as investors assessed the prospect of further monetary tightening amid rising energy costs. The loonie was also supported by a broad-based decline in […] The post Canadian Dollar Rises as Bank of Canada Hikes Rates, US Dollar Weakens After Fed Decision appeared first on Tekedia.
Tekedia -
Microsoft Expects 3,000 or Fewer Employees to Accept Voluntary Buyout Despite Broad Eligibility
Microsoft expects 3,000 or fewer employees to accept its newly announced voluntary buyout offer, a small fraction of the workforce eligible for the programme, as the technology giant seeks to give staff an option to leave while continuing to expand its artificial intelligence and cloud computing businesses. The offer is available to more than a […] The post Microsoft Expects 3,000 or Fewer Employees to Accept Voluntary Buyout Despite Broad Eligibility appeared first on Tekedia.
Tekedia -
Fed Holds Interest Rates at 3.75%-4% as Inflation Concerns Deepen, Two Officials Push for Hike
The Federal Reserve kept interest rates unchanged on Wednesday, choosing to assess additional economic data before tightening monetary policy again, even as persistent inflation and resilient economic growth strengthened the case for a more aggressive response to rising prices. The Federal Open Market Committee maintained its benchmark federal funds rate at 3.75% to 4%, following […] The post Fed Holds Interest Rates at 3.75%-4% as Inflation Concerns Deepen, Two Officials Push for Hike appeared first on Tekedia.
Tekedia -
Toys Face Biggest Price Increase in Years as Families Prepare for Holiday Shopping
The toy industry is facing one of its biggest price increases in years, creating new challenges for parents, retailers, and manufacturers as families prepare for the holiday shopping season. Rising production costs, higher transportation expenses, trade restrictions, and uncertainty across global supply chains are putting pressure on toy prices. As a result, consumers may have […] The post Toys Face Biggest Price Increase in Years as Families Prepare for Holiday Shopping appeared first on Tekedia.
Tekedia -
Bill Gates’ 20-Year AI Forecast and Its Implications for Humanity
Microsoft co-founder Bill Gates has predicted that the world could experience approximately 20 years of economic and social turmoil before artificial intelligence delivers what he describes as “true abundance.” His outlook highlights the enormous opportunities presented by advanced technology while warning that the transition could create significant challenges for workers, businesses, governments and societies worldwide. […] The post Bill Gates’ 20-Year AI Forecast and Its Implications for Humanity appeared first on Tekedia.
Tekedia -
Alphabet Shares Slide 10% as AI Spending Drains Cash and Google Search Misses Estimates
Alphabet shares fell about 10% in after-hours trading after the Google parent reported weaker-than-expected advertising revenue, missed Wall Street earnings forecasts, and recorded negative free cash flow, intensifying investor concerns that its costly artificial intelligence expansion is beginning to strain a business long regarded as one of the technology industry’s most reliable cash generators. The […] The post Alphabet Shares Slide 10% as AI Spending Drains Cash and Google Search Misses Estimates appeared first on Tekedia.
Tekedia -
AI Startup Chatbase To Double Workforce As Founder Admits Being ”Wrong About Building With A Lean Team In The Age Of AI,”
As companies increasingly turn to artificial intelligence to reduce staffing costs and accelerate software development, Chatbase founder Yasser Elsaid is taking a different approach, planning to double his startup’s workforce over the next six months after concluding that AI-assisted coding has made a larger team more valuable, not less. Chatbase, a San Francisco-based startup that […] The post AI Startup Chatbase To Double Workforce As Founder Admits Being ”Wrong About Building With A Lean Team In The Age Of AI,” appeared first on Tekedia.
Tekedia -
Morgan Stanley Warns S&P 500 Could Fall 8% as AI Debt Risks and Fed Tightening Threaten Stocks
Morgan Stanley has warned that US stocks could face their sharpest correction since the Iran war as rising artificial intelligence financing costs, uncertainty surrounding the US midterm elections, and tighter financial conditions threaten to undermine the market rally. The Wall Street bank expects the S&P 500 to fall as low as 7,100 in the near […] The post Morgan Stanley Warns S&P 500 Could Fall 8% as AI Debt Risks and Fed Tightening Threaten Stocks appeared first on Tekedia.
Tekedia -
Temenos CEO Says Europe’s Sovereign AI and Cloud Plans Remain Immature for Major Banks
Europe’s push to reduce its dependence on US technology providers is running up against a practical challenge: sovereign cloud and artificial intelligence services are not yet mature enough for major banks to adopt at scale, according to Temenos CEO Takis Spiliopoulos. The comments from the Swiss banking software company’s chief executive highlight the gap between […] The post Temenos CEO Says Europe’s Sovereign AI and Cloud Plans Remain Immature for Major Banks appeared first on Tekedia.
Tekedia -
 
 
Device Checker: Nigeria introduces app to simplify phone verification 
TechCabal -
“It’s for the person in your village”: Oji Udezue’s $10mn Enzi Prize to crack AI’s cost wall for Africa
TechCabal -
“It has to touch the lives of people”: the Gates Foundation’s challenge to Africa’s AI builders
Gates Foundation urges African AI developers to prioritise healthcare, education and incomes over product launches at Moonshot by TechCabal 2026.
TechCabal -
Amazon’s new Echo lineup starts at $99.99. Here’s which one to buy
Tech City NG -
Why Digital Entertainment Platforms Use Specialist Suppliers
A digital entertainment service presents one name to its audience, but creating content, producing a live feed, delivering video, and developing the interface are different jobs within the service. Suppliers provide established capabilities that a platform can incorporate into its own product. The platform’s development work then concerns the service it chooses to create around […] The post Why Digital Entertainment Platforms Use Specialist Suppliers appeared first on Tekedia.
Tekedia -
Bluebulb launches treasury platform for African businesses trading abroad
Bluebulb has launched a treasury management platform to help African businesses oversee cash, currencies, and international payments from a single dashboard, as the fintech seeks to expand beyond moving money. The company introduced Orbita at Moonshot by TechCabal 2026 in Lagos, targeting finance teams that rely on multiple banking portals and spreadsheets to track funds […]
TechCabal -
Chrome can now fill in forms using your Gmail. Here’s how to control it
Chrome can now fill in forms using your Gmail. Here’s how to control it Chrome enhanced autofill now pulls order numbers, tracking details and flight bookings from Gmail. Here is who gets it and how to turn it off. TechCity
Tech City NG -
Google Pay is now in Nigeria. Here are the only bank cards that work so far
Google Pay is now in Nigeria. Here are the only bank cards that work so far Google Wallet and Google Pay launched in Nigeria on 28 October. Only some cards from FirstBank, GTBank, UBA and Zenith work so far. Check yours. TechCity
Tech City NG -
Grey pitches direct China payments to African businesses at Moonshot
rey is offering businesses direct payments to Chinese bank accounts to reduce currency conversions and intermediaries involved in paying overseas suppliers.
TechCabal -
What Popcorn Buds Teach About Selling Seconds
Every producer ends up with stock that is good but not pretty. A cashew processor gets broken kernels. A tomato farmer gets small fruit. The business question is simple: discard it, dump it cheaply, or sell it as a product in its own right. Canada’s cannabis trade offers a tidy case, because some online sellers […] The post What Popcorn Buds Teach About Selling Seconds appeared first on Tekedia.
Tekedia -
DBS Survey Finds 88% of Businesses Testing or Using Tokenized Money as Adoption Accelerates
Global businesses are adopting tokenized money faster than expected as companies seek to improve liquidity management, streamline cross-border payments and expand into new markets, according to a survey by Singapore-based DBS Group. The survey found that 88% of businesses had either deployed tokenized money or were running pilot projects, suggesting that digital forms of money […] The post DBS Survey Finds 88% of Businesses Testing or Using Tokenized Money as Adoption Accelerates appeared first on Tekedia.
Tekedia -
Payment providers must look beyond transactions, fintech executives say
Payment providers must help businesses manage cash flow, understand customers and reduce fraud as accepting digital payments becomes only the first step in adopting technology.
TechCabal -