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.

Nectar, an artificial intelligence-powered marketing platform, has launched a new agent designed to automate much of the work involved in influencer marketing, from identifying suitable creators and initiating contact to managing partnerships and tracking campaign performance. The new product, called Creator Agent, is intended to reduce the time marketing teams spend searching social media for […] The post Nectar Launches AI Agent to Automate Influencer Marketing From Creator Discovery to Campaign Management appeared first on Tekedia.

As Anthropic prepares to launch one of the largest technology initial public offerings in history, CNBC host Jim Cramer has questioned whether the artificial intelligence company’s rapid growth can support its proposed valuation of as much as $1.405 trillion. The developer of Claude plans to price its shares on November 18 and begin trading the […] The post Jim Cramer Questions Anthropic’s $1.4tn IPO Over Revenue Growth, Computing Costs appeared first on Tekedia.

Learn how to register for SMEDAN online for free. Get your SMEDAN ID, download your SMEDAN certificate and discover exclusive benefits for registered MSMEs.

Ethiopian financial technology company Kifiya Financial Technology has secured its first investment from the International Finance Corporation (IFC), a member of the World Bank Group, to expand digital financing opportunities for farmers, small businesses and underserved communities. The investment agreement was announced on November 4, 2026, during the Africa Financial Summit held in Luanda, Angola. […] The post IFC Invests in Ethiopian Fintech Kifiya to Expand Agricultural Financing Across Africa appeared first on Tech In Africa.

Microsoft's global outage disrupted South African businesses and public institutions, including Eskom, Absa and FlySafair, exposing the country's growing dependence on Big Tech's cloud infrastructure.

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

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.

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.

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.

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.

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.

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

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