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GTBank’s new 737 App turns your phone number into your account number. Here’s what it does and what GTBank hasn’t said yet
GTBank’s new 737 App turns your phone number into your account number. Here’s what it does and what GTBank hasn’t said yet GTBank's new 737 App uses your phone number as your account number and adds a free virtual card. What it does and what to check first. TechCity
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What a $7,500 Gold Revaluation Could Mean for Global Markets
The relocation of senior US officials to military installations has prompted questions about what may be unfolding behind the scenes. One interpretation argues that Treasury Secretary Scott Bessent and Deputy Attorney General Todd Blanche are not moving because of an imminent military threat, but because they are being positioned for a major financial operation. The […] The post What a $7,500 Gold Revaluation Could Mean for Global Markets appeared first on Tekedia.
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Dangote Refinery IPO Attracts N5.85tn in Applications, Nearly Three Times Target
Dangote Petroleum Refinery’s initial public offering has attracted share applications worth approximately N5.85 trillion ($4.1 billion), nearly three times its initial fundraising target, as investors across Nigeria and the rest of Africa seek stakes in the facility. The offering, described by Bloomberg as Africa’s largest public share sale to date, has received applications from all […] The post Dangote Refinery IPO Attracts N5.85tn in Applications, Nearly Three Times Target appeared first on Tekedia.
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Ring’s $249.99 Drone Cam flies around your house on its own. Here’s what it really costs and who should wait
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Binance Fully Covers $6.3 Billion Losses from Record Crypto Hack Linked to North Korea
Crypto exchange Binance has completed full coverage of user losses stemming from the October security incident in which approximately $6.3 billion in cryptocurrency was stolen from the exchange’s hot wallets. The announcement, confirmed on November 12, marks the final step in the company’s pledge to absorb the entire financial impact without any loss to customers. […] The post Binance Fully Covers $6.3 Billion Losses from Record Crypto Hack Linked to North Korea appeared first on Tekedia.
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“It is A Mistake to Let Him Go” – CZ Criticizes Nvidia For Accepting Jensen Huang’s Resignation
Binance founder Changpeng Zhao, known as CZ, has publicly stated that Nvidia made a mistake by accepting Jensen Huang’s resignation as chief executive, president, and board member. His comments come as Nvidia navigates a sudden leadership transition at a critical moment for the AI industry. The company’s CEO Jensen Huang stepped down after admitting to […] The post “It is A Mistake to Let Him Go” – CZ Criticizes Nvidia For Accepting Jensen Huang’s Resignation appeared first on Tekedia.
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Sizing a Google Ads Budget for SaaS Companies From LTV Instead of the Plan Price
Two SaaS companies both sell a $300 plan, yet their Google Ads budgets couldn’t be further apart. One enjoys 80 percent gross margins, multi-year retention, and steady seat expansion; the other loses 8 percent of its customers every month. Plan price is only sticker revenue. What funds search advertising is gross-margin lifetime value (LTV), fast […] The post Sizing a Google Ads Budget for SaaS Companies From LTV Instead of the Plan Price appeared first on Tekedia.
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The best streaming devices for your TV: Roku, Fire TV, Google TV and Apple TV compared
The best streaming devices for your TV: Roku, Fire TV, Google TV and Apple TV compared The best streaming device is the one that fits your phone and TV. Roku, Google TV Streamer, Apple TV 4K and Fire TV compared on price and specs. TechCity
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Outlook and Teams are still not fully back after Microsoft’s outage. Here’s what Microsoft says and what to do
Outlook and Teams are still not fully back after Microsoft’s outage. Here’s what Microsoft says and what to do Microsoft 365 is still recovering from the Nov. 12 outage. What broke, what still works, why delayed email is being held and what to do now. TechCity
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Cyberattacks turned October into a costly month for Nigerian banks
In early October, a wave of cyberattacks, leading to fraud losses, hit several Nigerian banks and financial institutions, potentially costing billions of naira in customer funds, according to several sources with direct knowledge of the matter.
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Microsoft outage pushes Kenya’s banks onto WhatsApp and phone lines
Kenyan banks turned to WhatsApp and call centres on Friday after a global Microsoft outage cut off their email, forcing several of the country’s biggest lenders to reroute customer queries. Equity Bank and UBA Kenya asked customers to call or use WhatsApp. Stanbic Bank Kenya, part of South Africa’s Standard Bank Group, directed customers to […]
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U.S. Fed Governor Warns AI Could Trigger Large-Scale Job Displacement and Widen US Inequality
Federal Reserve Governor Michael Barr has warned that the United States should prepare for serious short-term disruption to its labor market as artificial intelligence adoption accelerates, raising the possibility of widespread job displacement and a further shift in national income from workers towards investors and business owners. Barr said the scale of the disruption would […] The post U.S. Fed Governor Warns AI Could Trigger Large-Scale Job Displacement and Widen US Inequality appeared first on Tekedia.
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Elon Musk Says Hiring Jensen Huang Would Be an Honor as Nvidia CEO’s Exit Shakes AI Industry
Elon Musk has signaled his interest in bringing Jensen Huang into his business empire, saying it would be “an honor” to hire the Nvidia co-founder as the chipmaker faces a leadership crisis that has unsettled investors and raised questions about the future of its artificial intelligence strategy. Musk made the comment late Wednesday after financial […] The post Elon Musk Says Hiring Jensen Huang Would Be an Honor as Nvidia CEO’s Exit Shakes AI Industry appeared first on Tekedia.
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Bitcoin Fear Is Not Enough to Signal a Bear Market, Says Willy Woo
Fear is spreading across cryptocurrency markets, but prominent on-chain analyst Willy Woo believes investors may be interpreting the current sentiment too negatively. According to Woo, fear alone does not signal the beginning of a Bitcoin bear market. Instead, he argues that genuine bearish conditions emerge when widespread pessimism coincides with Bitcoin repeatedly recording new price […] The post Bitcoin Fear Is Not Enough to Signal a Bear Market, Says Willy Woo appeared first on Tekedia.
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Tokyo Renews Yen Intervention Warnings as Dollar Climbs to 159.94
Japan is once again stepping up its warnings against excessive yen weakness as the currency approaches the psychologically important 160-per-dollar level. However, financial markets appear increasingly unconvinced that Tokyo’s verbal interventions will be enough to reverse the yen’s decline, particularly as the widening monetary policy gap between Japan and the United States continues to favor […] The post Tokyo Renews Yen Intervention Warnings as Dollar Climbs to 159.94 appeared first on Tekedia.
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British AI Chip Startup Fractile Raises $720m at $7bn Valuation as UK Backs Domestic Semiconductor Push
British artificial intelligence chipmaker Fractile has raised $720 million at a $7 billion valuation, securing backing from major venture capital firms and the UK government as Britain seeks to build a domestic semiconductor industry capable of supporting its ambitions in artificial intelligence. The London- and Bristol-based startup is developing processors designed to make AI inference […] The post British AI Chip Startup Fractile Raises $720m at $7bn Valuation as UK Backs Domestic Semiconductor Push appeared first on Tekedia.
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CoreWeave Stock Jumps 16% After Raising Outlook as CFTC Warns Kalshi of Imminent Charges
CoreWeave shares surged 16% after the artificial intelligence infrastructure company raised its outlook, giving investors fresh confidence in demand for the computing power needed to develop and operate advanced AI systems. At the same time, a regulatory warning to prediction-market operator Kalshi shows that fast-growing financial platforms remain exposed to scrutiny over how they communicate […] The post CoreWeave Stock Jumps 16% After Raising Outlook as CFTC Warns Kalshi of Imminent Charges appeared first on Tekedia.
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Cramer Softens View on CoreWeave After Strong Earnings and CEO’s Reassurances
CNBC’s Jim Cramer said he is becoming less skeptical of CoreWeave after the artificial intelligence infrastructure provider delivered stronger-than-expected quarterly results and its chief executive addressed concerns over demand, financing, and the value of its computing equipment. CoreWeave shares surged nearly 25% on Wednesday after the company reported quarterly revenue above market expectations and raised […] The post Cramer Softens View on CoreWeave After Strong Earnings and CEO’s Reassurances appeared first on Tekedia.
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Saudi Arabia Raises Crude Oil Output 26% as Central Banks Increase Gold Purchases to 321 Tonnes in Q3
The global commodities market is experiencing significant developments as Saudi Arabia increases its crude oil production by 26%, while central banks worldwide accelerate their gold purchases. These developments highlight the changing dynamics of global energy supply, monetary policy, and investment strategies as governments and financial institutions respond to economic uncertainty, geopolitical tensions, and shifting market […] The post Saudi Arabia Raises Crude Oil Output 26% as Central Banks Increase Gold Purchases to 321 Tonnes in Q3 appeared first on Tekedia.
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ExxonMobil Challenges EU Carbon Capture Rules in Confidential Arbitration
ExxonMobil has launched a confidential legal challenge against European Union rules requiring major oil and gas companies to help develop carbon dioxide storage capacity by 2030, escalating its dispute with Brussels over the bloc’s climate regulations. The arbitration proceedings concern provisions in the EU’s Net-Zero Industry Act, which places obligations on large oil and gas […] The post ExxonMobil Challenges EU Carbon Capture Rules in Confidential Arbitration appeared first on Tekedia.
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Lutnick Accused of Stalling Trump’s Crackdown on Suspected Nvidia Chip Diversions to China
US Commerce Secretary Howard Lutnick has repeatedly delayed President Donald Trump’s efforts to crack down on companies suspected of diverting Nvidia artificial intelligence chips to China, according to an Axios report citing senior sources. The development has exposed disagreements within the administration over how aggressively to enforce technology export restrictions. Trump authorized the latest crackdown […] The post Lutnick Accused of Stalling Trump’s Crackdown on Suspected Nvidia Chip Diversions to China appeared first on Tekedia.
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The bank OPay hoped would open up Africa
OPay has built a financial services platform that moves money, extends credit, and helps millions of people save. It operates in Nigeria, Indonesia, Egypt, and Pakistan, but its business remains heavily concentrated in Nigeria, which accounts for 89.5% of its revenue.
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NCC considers 15-year spectrum licences to boost broadband investment
Nigeria’s telecom regulator is considering 15-year spectrum licences in exchange for additional network investment. The proposal could give operators greater certainty, but its success will depend on whether incentives deliver better broadband—not simply reward existing rollout plans.
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Toyosi Badejo-Okusanya on beauty, deafness and building Adaptive Atelier
Toyosi Badejo-Okusanya founded Adaptive Atelier, a company that helps businesses find and fix barriers in their digital products.
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Four friends want to change how South Africa’s e-hailing drivers make money
Four friends funded an e-hailing app with proceeds from their property-maintenance business—and now they want South African drivers to keep 100% of their fares. With 30,000+ registered drivers, Bro Cabs is betting subscriptions can beat Uber and Bolt’s commission model. In this week’s Coffee With…, PHATHISANI MOYO speaks to the founders. The first version of […]
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👨🏿‍🚀TechCabal Daily – ‘Shelf-made IPO’
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Sony is shutting down the PlayStation Plus app on PC on Dec. 10. Here’s what still works
Sony is shutting down the PlayStation Plus app on PC on Dec. 10. Here’s what still works The PlayStation Plus PC app ends Dec. 10. Console benefits stay the same, and PS Remote Play still works if you own a PS5 or PS4. TechCity
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Holiday return policies for tech: the dates, fees and exceptions to check before you buy
Holiday return policies for tech: the dates, fees and exceptions to check before you buy Apple and Best Buy extend returns into January, but phones, drones and opened games follow stricter rules. Check these first. TechCity
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The Apple Support Community closes Nov. 20. Here’s how to save the answers you still need
The Apple Support Community closes Nov. 20. Here’s how to save the answers you still need Apple's user forum is now read-only and shuts down Nov. 20. Here's how to save the threads you use and where to get help after. TechCity
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USPF’s ₦10 million Changemaker Challenge closes Sunday. Here’s who can apply and how
USPF’s ₦10 million Changemaker Challenge closes Sunday. Here’s who can apply and how Teams of 2 to 5 can enter with just an idea. ₦5m, ₦3m and ₦2m prizes. Entries close 11:59 p.m. WAT on Sunday, Nov. 15. TechCity
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Mexico Tightens Steel Controls to Prevent Chinese Goods From Entering the US Through Trade Pact
Mexico is tightening controls on steel imports from China and other countries to prevent foreign products from being rerouted into the United States through its territory, as the government seeks to secure tariff relief from Washington and protect access to its largest export market. The measures are part of Mexico’s effort to demonstrate that its […] The post Mexico Tightens Steel Controls to Prevent Chinese Goods From Entering the US Through Trade Pact appeared first on Tekedia.
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United Airlines Moves to Block AI Agents From Booking and Managing Flights
United Airlines is tightening restrictions on artificial intelligence agents accessing its digital platforms, citing concerns over data security, unauthorized transactions, and regulatory compliance as airlines respond to the growing ability of AI tools to book and manage travel on behalf of customers. The US carrier said on Wednesday it would restrict AI bots from interacting […] The post United Airlines Moves to Block AI Agents From Booking and Managing Flights appeared first on Tekedia.
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Stablecoin Supply Shrinks $14.2 Billion as Bitcoin ETFs Record $299.9 Million in Outflows
The cryptocurrency market is facing renewed liquidity concerns as stablecoin supply contracts by $14.2 billion over 30 days, marking its largest decline since June 2022. At the same time, spot Bitcoin exchange-traded funds (ETFs) have recorded $299.9 million in net outflows, adding to concerns about weakening institutional demand and reduced investor confidence. These developments highlight […] The post Stablecoin Supply Shrinks $14.2 Billion as Bitcoin ETFs Record $299.9 Million in Outflows appeared first on Tekedia.
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Nvidia’s Jensen Huang Faces Scrutiny as Succession Concerns Raise Questions About the Company’s Future
Nvidia’s leadership has become a subject of unusual scrutiny as questions surrounding chief executive Jensen Huang raise a broader issue: what happens to one of the world’s most influential technology companies if its long-serving founder is suddenly unable to lead it? Reports describing an alleged affair involving Huang and a woman suspected of spying for […] The post Nvidia’s Jensen Huang Faces Scrutiny as Succession Concerns Raise Questions About the Company’s Future appeared first on Tekedia.
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Taiwan Insists on Equal Participation at APEC Summit as Tensions With China Deepen
Taiwan will participate in this year’s Asia-Pacific Economic Cooperation (APEC) leaders’ summit in China on the basis of equal treatment among members, President Lai Ching-te said on Thursday, as Taipei seeks assurances that Beijing will not use its position as host to restrict the island’s participation. Lai’s comments came as Taiwan appointed Acer founder Stan […] The post Taiwan Insists on Equal Participation at APEC Summit as Tensions With China Deepen appeared first on Tekedia.
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Choosing Product Photos for an AI Image to Video Generator
An AI Image to Video Generator gives a business another use for its product photography: a still image can become the starting point for a short moving scene. The useful decision comes before generation, when the merchant chooses what that scene should communicate. A bottle presented against a changing background is one job. Showing how […] The post Choosing Product Photos for an AI Image to Video Generator appeared first on Tekedia.
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