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Uber’s $14 ride problem in Nigeria
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AI, political competition, electoral technology raise concerns ahead of 2027 polls
Artificial intelligence-driven political communication, rising political competition, weaknesses in electoral technology and inconsistent enforcement of electoral laws are emerging as major concerns ahead of Nigeria’s 2027 general elections, an ongoing monitoring initiative has found. The findings are contained in preliminary observations from the #TrackingNaija2027Elections initiative, a collaborative project involving the Centre for Research on Development […] The post AI, political competition, electoral technology raise concerns ahead of 2027 polls appeared first on Tekedia.
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Robinhood Blockchain Volume Nears $2 Billion Amid Stock Rally and AMC Dispute
The battle over tokenized equities is entering a more confrontational phase, with AMC Entertainment CEO Adam Aron taking direct aim at Robinhood’s blockchain strategy. Aron has described Robinhood’s tokenized AMC stock as “contemptible” and “vile,” while signaling that AMC has instructed outside securities lawyers to examine the offering. The dispute highlights a fundamental question for […] The post Robinhood Blockchain Volume Nears $2 Billion Amid Stock Rally and AMC Dispute appeared first on Tekedia.
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OpenAI GPT-6 Astra Rolls Out to Limited Organizations Ahead of Public Release
OpenAI has begun rolling out GPT-6 Astra, its latest flagship artificial intelligence model, initially making it available to a limited group of organizations before expanding access to paying ChatGPT users and developers. The launch marks another major step in the rapid evolution of AI, with OpenAI positioning Astra as a generational improvement in intelligence, computer […] The post OpenAI GPT-6 Astra Rolls Out to Limited Organizations Ahead of Public Release appeared first on Tekedia.
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Bitcoin Breaks Above $81K as $731M ETF Inflows Fuel Crypto Market Rally
Bitcoin’s latest move above $81,000 has injected fresh momentum into the cryptocurrency market, pushing total digital-asset capitalization roughly $135 billion higher. The rally comes as investors balance strong crypto-specific demand against a changing macroeconomic backdrop, with a stronger-than-expected jobs report raising concerns that interest rates could remain higher for longer. Bitcoin’s move above $81,000 is […] The post Bitcoin Breaks Above $81K as $731M ETF Inflows Fuel Crypto Market Rally appeared first on Tekedia.
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“Daybreak for Frontline Defenders:” OpenAI Pledges $1bn to Cybersecurity as AI-Powered Attacks Escalate
OpenAI said Thursday it will commit $1 billion in subsidized access to its artificial intelligence cybersecurity tools, training and technical support for organizations responsible for protecting critical services, as governments and companies race to strengthen defenses against increasingly capable AI-assisted attacks. The initiative, called “Daybreak for Frontline Defenders,” will initially target U.S. organizations operating essential […] The post “Daybreak for Frontline Defenders:” OpenAI Pledges $1bn to Cybersecurity as AI-Powered Attacks Escalate appeared first on Tekedia.
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South Korea, U.S. Discuss Chip Investments as Washington Weighs New Semiconductor Tariffs
South Korea and the United States are discussing semiconductor investments in the U.S. as part of broader bilateral negotiations, a Seoul presidential official said Friday, as Washington prepares a targeted tariff policy for imported chips that could affect two of Asia’s largest memory-chip manufacturers. The discussions come as the administration of U.S. President Donald Trump […] The post South Korea, U.S. Discuss Chip Investments as Washington Weighs New Semiconductor Tariffs appeared first on Tekedia.
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Norway Wealth Fund Plans Treasury Cut as It Rethinks Bond Strategy
Norway’s $2.3 trillion sovereign wealth fund has proposed a significant reduction in its allocation to government bonds, with U.S. Treasurys set to bear much of the cut, as the world’s largest sovereign investor seeks to diversify its portfolio, limit concentration risks and improve long-term returns. The heads of Norges Bank Investment Management (NBIM), which manages […] The post Norway Wealth Fund Plans Treasury Cut as It Rethinks Bond Strategy appeared first on Tekedia.
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Trump Defends AI Revolution, Predicts Millions of Jobs and Medical Breakthroughs
President Donald Trump has voiced strong optimism about artificial intelligence, declaring that the technology will create millions of jobs and help cure diseases. In a recent interview with GB News host Bev Turner, Trump pushed back against concerns that AI could lead to widespread job losses, insisting the overall impact will be positive. “AI is […] The post Trump Defends AI Revolution, Predicts Millions of Jobs and Medical Breakthroughs appeared first on Tekedia.
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Rosneft Chief Says China, Not OPEC, Is Now Stabilizing Global Oil Markets
Igor Sechin, chief executive of Russia’s largest oil producer Rosneft and one of President Vladimir Putin’s most influential energy allies, said China has taken on a greater role in stabilizing global oil markets by sharply reducing its crude imports this year, arguing that Beijing’s influence is increasingly rivaling that of OPEC. Speaking Thursday at a […] The post Rosneft Chief Says China, Not OPEC, Is Now Stabilizing Global Oil Markets appeared first on Tekedia.
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South Korea’s Tokenization Push Could Redefine 24/7 Capital Markets
South Korea is preparing for a major transformation of its financial markets, unveiling a three-stage roadmap to bring stocks, bonds, funds and other conventional securities onto blockchain-based infrastructure. The initiative marks one of the clearest attempts by a major Asian economy to merge traditional capital markets with the always-on architecture of digital assets. At the […] The post South Korea’s Tokenization Push Could Redefine 24/7 Capital Markets appeared first on Tekedia.
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Trump Threatens to Cut Trade With Deficit Countries Unless Fed Cuts Rates
President Donald Trump on Friday escalated his pressure on the Federal Reserve, demanding lower interest rates and threatening to cut off trade with countries that maintain trade surpluses with the United States. Trump issued the sweeping ultimatum on Truth Social after a stronger-than-expected August employment report, arguing that the strength of the U.S. economy should […] The post Trump Threatens to Cut Trade With Deficit Countries Unless Fed Cuts Rates appeared first on Tekedia.
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Moonshot AI Files Confidentially, Targets $3bn Hong Kong IPO
Beijing-based artificial intelligence startup Moonshot AI has confidentially filed for a Hong Kong initial public offering that could raise about $3 billion, three people familiar with the plans told Reuters. The filing has set up one of the most closely watched Chinese AI listings as investors increasingly turn to the sector for exposure to China’s […] The post Moonshot AI Files Confidentially, Targets $3bn Hong Kong IPO appeared first on Tekedia.
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Chinese Rare Earth Suppliers Shun U.S. Buyers as Beijing Tightens Grip on Critical Minerals
Chinese rare earth suppliers are refusing to ship materials to U.S. customers for fear of retaliation from Beijing, highlighting the growing vulnerability of American supply chains to China’s control over critical minerals ahead of President Xi Jinping’s planned visit to Washington later this month. Three people familiar with the trade told Reuters that some Chinese […] The post Chinese Rare Earth Suppliers Shun U.S. Buyers as Beijing Tightens Grip on Critical Minerals appeared first on Tekedia.
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Bitcoin Resumes Rally, Hits Past $82,000 as Risk Assets Surge on Softer Fed Signals
Bitcoin has resumed its upward momentum, surging past the $82,000 price level as a shift in Federal Reserve rate expectations boosted investor appetite for riskier assets. The cryptocurrency climbed more than 5% in a single day, rising from the mid-$77,000 range and briefly testing levels not seen since earlier in the year. The sharp move […] The post Bitcoin Resumes Rally, Hits Past $82,000 as Risk Assets Surge on Softer Fed Signals appeared first on Tekedia.
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Nvidia’s $99 Billion Investment Portfolio Turns Chip Giant Into AI Industry Power Broker
Nvidia has emerged as one of the technology industry’s largest corporate investors, with the value of its equity holdings soaring more than tenfold over the past year to about $99 billion as the chipmaker deploys its enormous cash resources to shape the rapidly expanding artificial intelligence ecosystem. Nvidia’s equity investments were valued at $99 billion […] The post Nvidia’s $99 Billion Investment Portfolio Turns Chip Giant Into AI Industry Power Broker appeared first on Tekedia.
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Economist El-Erian Warns Global Bond Sell-Off Will Persist as Demand Fails to Keep Pace With Debt Supply
Global government bonds face further selling pressure as governments ramp up borrowing faster than traditional investors are willing or able to absorb it, renowned economist Mohamed El-Erian said Friday, warning that the resulting rise in yields represents a deeper imbalance than concerns over inflation or Federal Reserve credibility alone. “I don’t see any appetite in […] The post Economist El-Erian Warns Global Bond Sell-Off Will Persist as Demand Fails to Keep Pace With Debt Supply appeared first on Tekedia.
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OpenAI Unveils GPT-6 Astra as AI Agents Become Harder to Monitor
OpenAI on Thursday unveiled GPT-6 Astra, a new artificial intelligence model it described as its most capable yet, while acknowledging that the system is able to conceal its reasoning and evade human monitoring. The release comes at a sensitive moment for the AI industry, as companies race to develop autonomous agents capable of performing complex […] The post OpenAI Unveils GPT-6 Astra as AI Agents Become Harder to Monitor appeared first on Tekedia.
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BASF Sues Apple Over Face ID Technology, Alleging Infringement of Seven Patents
BASF has sued Apple in the United States, accusing the iPhone maker of infringing seven patents covering technology designed to make facial authentication more resistant to spoofing attacks. The lawsuit, filed Thursday in the U.S. District Court for the Western District of Texas, was brought by BASF’s technology subsidiary trinamiX. The company alleges that Apple […] The post BASF Sues Apple Over Face ID Technology, Alleging Infringement of Seven Patents appeared first on Tekedia.
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OpenAI Launches GPT-6 Astra, Its Most Powerful And Aligned AI Model
OpenAI has released GPT-6 Astra, describing it as the world’s most intelligent and aligned model to date. The artificial intelligence company unveiled the system positioning it as a significant advance in computer use, software engineering, cybersecurity, science, and professional workflows. Announcing the launch OpenAI wrote, “We are introducing GPT-6 Astra, the world’s most intelligent and […] The post OpenAI Launches GPT-6 Astra, Its Most Powerful And Aligned AI Model appeared first on Tekedia.
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Germany Expands Support for Ukraine With Drone Production and Energy Aid
Germany is deepening its support for Ukraine as the war enters another phase in which battlefield technology and the resilience of civilian infrastructure are becoming increasingly important. Two developments announced this week underline Berlin’s broader strategy. The start of mass production of thousands of medium- and long-range combat drones for Ukraine and an additional €250 […] The post Germany Expands Support for Ukraine With Drone Production and Energy Aid appeared first on Tekedia.
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AI, Labor Power and the New Battle Over Silicon Valley and Schools
Artificial intelligence is increasingly becoming a source of political, economic and social conflict, and two recent developments highlight just how far that tension has spread. Security workers serving major Silicon Valley companies, including OpenAI and Anthropic, have authorized a strike. While New York City Mayor Zohran Mamdani has moved toward removing artificial intelligence from classrooms […] The post AI, Labor Power and the New Battle Over Silicon Valley and Schools appeared first on Tekedia.
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Venezuela’s Heavy Crude Could Refill America’s Reserve—and Reshape Gulf Cooperation
Venezuela’s enormous oil reserves are emerging as a new strategic asset in a changing global energy market. Yet the country’s heavy, sulfur-rich crude presents a technical problem for the United States: much of it is not well suited for direct storage in the Strategic Petroleum Reserve (SPR), which primarily contains crude with different characteristics. Rather […] The post Venezuela’s Heavy Crude Could Refill America’s Reserve—and Reshape Gulf Cooperation appeared first on Tekedia.
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Germany Growth Forecast Rises Sharply, Offering Boost to Merz Government
Germany’s economic outlook has taken a notable turn, with a leading economic institute forecasting that Europe’s largest economy could expand by as much as 1.4% this year. The upgraded projection represents a sharp improvement from its previous estimate and offers a potentially important political boost for Chancellor Friedrich Merz’s government, which has faced pressure to […] The post Germany Growth Forecast Rises Sharply, Offering Boost to Merz Government appeared first on Tekedia.
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Strategy Hits $66 Billion in Reserve Capital — Second Only to Berkshire Hathaway
Strategy is strengthening its position in the corporate treasury landscape, with its Bitcoin holdings and market value placing the company among the S&P 500’s largest holders of reserve capital. As of September 1, 2026, the firm holds $66 billion in total reserve capital, placing it second only to Berkshire Hathaway among financial services companies in […] The post Strategy Hits $66 Billion in Reserve Capital — Second Only to Berkshire Hathaway appeared first on Tekedia.
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Shell Expands Gulf of Mexico and Brazil Oil Positions, Acquires Stakes in BP as Majors Return to Upstream Growth
Shell is expanding its oil and gas portfolio in the Americas, agreeing to acquire stakes in two exploration prospects operated by rival BP as both energy majors place greater emphasis on long-term upstream growth. Shell Offshore, a subsidiary of British oil and gas major Shell, said Wednesday it would acquire a 30% interest in BP-operated […] The post Shell Expands Gulf of Mexico and Brazil Oil Positions, Acquires Stakes in BP as Majors Return to Upstream Growth appeared first on Tekedia.
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Google Bets Cheaper Gemini AI Models Can Close Enterprise Gap as Alphabet Wins Antitrust Relief
Alphabet is leaning on cheaper, faster artificial intelligence models, a massive Google Cloud customer base, and the continued strength of its advertising business as it tries to narrow the gap with AI leaders OpenAI and Anthropic in the enterprise market. The company is positioning Gemini 3.8 Flash as a key part of that strategy, with […] The post Google Bets Cheaper Gemini AI Models Can Close Enterprise Gap as Alphabet Wins Antitrust Relief appeared first on Tekedia.
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India Stalls Alipay+ Proposal to Link With UPI Over China Security, Data Concerns
India has stalled a proposal by Alipay+ to connect with the country’s instant payments network, Unified Payments Interface (UPI), over national security concerns and questions about how customer and transaction data would be processed and stored, according to three people familiar with the discussions cited by Reuters. The decision, once again, brings to the fore […] The post India Stalls Alipay+ Proposal to Link With UPI Over China Security, Data Concerns appeared first on Tekedia.
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Dutch Central Bank Moves 86 Tons of Gold to London as Geopolitical Risks Rise
The Dutch central bank has moved about 86 metric tons of gold from storage in the United States and Canada to the United Kingdom, citing rising geopolitical tensions and the need to strengthen its ability to mobilize its reserves during a crisis. De Nederlandsche Bank (DNB) said Wednesday that slightly more than one-quarter of its […] The post Dutch Central Bank Moves 86 Tons of Gold to London as Geopolitical Risks Rise appeared first on Tekedia.
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Global Stocks, Bonds, Oil Rally as Investors Reassess Fed Rate Outlook Amid Iran Tensions
Global stocks and bonds rallied on Thursday as investors weighed fresh U.S. economic data and comments from Federal Reserve officials for clues on whether the central bank will raise interest rates this month, while a sharp rebound in the yen and renewed military strikes between the United States and Iran kept markets on edge. A […] The post Global Stocks, Bonds, Oil Rally as Investors Reassess Fed Rate Outlook Amid Iran Tensions appeared first on Tekedia.
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Uber Launches Wayve-Powered Robotaxis in London as Britain Accelerates Autonomous Driving Push
Uber launched autonomous rides in London on Thursday using artificial-intelligence technology developed by British self-driving company Wayve, bringing robotaxis to the British capital as the ride-hailing giant expands its autonomous mobility operations across Europe. The launch makes London the second European city where Uber offers autonomous rides, following the introduction of robotaxi services in Zagreb. […] The post Uber Launches Wayve-Powered Robotaxis in London as Britain Accelerates Autonomous Driving Push appeared first on Tekedia.
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EUR/JPY, Bitcoin and Nvidia: Three Signals Shaping the Market
Global markets are entering September with three developments demanding attention: Arthur Hayes’ warning that a falling EUR/JPY could become an early liquidity signal. Bitcoin’s technical struggle around its neckline with $71,000 in focus, and a major Nvidia insider filing that could test investor confidence in the artificial-intelligence trade. Hayes, the BitMEX co-founder and current Maelstrom […] The post EUR/JPY, Bitcoin and Nvidia: Three Signals Shaping the Market appeared first on Tekedia.
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Yen Surges as BOJ Rate-Hike Bets Intensify, Intervention Fears Return
The Japanese yen surged to a one-month high against the U.S. dollar on Thursday as traders increased bets on further Bank of Japan interest-rate hikes and weighed the possibility that Tokyo could intervene again to support the currency. The yen climbed more than 1% against the dollar, reaching ¥156.15, its strongest level since Aug. 3, […] The post Yen Surges as BOJ Rate-Hike Bets Intensify, Intervention Fears Return appeared first on Tekedia.
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A Fractured Global Economy Meets a Global Bond Rout
The global economy is entering a more complicated phase, where geopolitical fragmentation and financial-market stress are increasingly reinforcing one another. This week offered a stark demonstration of that reality as divisions among the world’s largest economies became visible at a G20 finance meeting while government bond markets simultaneously came under intense pressure across major economies. […] The post A Fractured Global Economy Meets a Global Bond Rout appeared first on Tekedia.
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Bhutan Sells 400 BTC Worth $30.62 Million as Bitcoin Reserves Decline
Bhutan’s latest Bitcoin transfer is putting renewed attention on one of the most unusual sovereign crypto stories in the world. The Royal Government of Bhutan has reportedly moved another 400 BTC, worth roughly $30.62 million, from wallets associated with Druk Holding, according to blockchain intelligence platform Arkham. The transaction is more than a routine wallet […] The post Bhutan Sells 400 BTC Worth $30.62 Million as Bitcoin Reserves Decline appeared first on Tekedia.
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China Accuses G20 of Protectionism as Trade Tensions Escalate Over Its Export Surge
China has accused other G20 economies of using concerns over trade imbalances and industrial overcapacity to justify protectionist measures, escalating a dispute over Beijing’s growing export dominance as the United States and Europe push for greater access to the Chinese market. The confrontation followed comments by U.S. Treasury Secretary Scott Bessent on Tuesday that 19 […] The post China Accuses G20 of Protectionism as Trade Tensions Escalate Over Its Export Surge appeared first on Tekedia.
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