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Global financial markets experienced a sharp downturn as mounting concerns over technology valuations, artificial intelligence investments and broader economic uncertainty triggered widespread selling across equities and cryptocurrencies. The Nasdaq 100 plunged by as much as 5%, while the S&P 500 dropped to its lowest level since July. Meanwhile, South Korea’s KOSPI suffered an even steeper […] The post Global Markets Plunge as Nasdaq 100, South Korea’s KOSPI and Bitcoin Face Heavy Selloffs appeared first on Tekedia.

The global race to build artificial intelligence infrastructure is driving billions of dollars into advanced semiconductor packaging, transforming a once-overlooked stage of chip manufacturing into one of the industry’s most critical production bottlenecks. As demand for powerful AI processors outpaces available packaging capacity, Nvidia, AMD, and other chip designers are turning to suppliers across Taiwan […] The post AI Chip Boom Triggers $28 Billion Race to Expand Advanced Packaging Capacity appeared first on Tekedia.

China has adopted new legislation targeting cross-border corruption, expanding the government’s efforts to pursue fugitives, recover illicit assets and strengthen oversight of companies operating internationally. The law also introduces tighter requirements for handling sensitive information during investigations and places additional anti-corruption compliance responsibilities on Chinese businesses engaged in overseas operations. State news agency Xinhua reported […] The post China Adopts New Law to Combat Cross-Border Corruption, Tighten Corporate Compliance appeared first on Tekedia.

Meta has made voice and video calling available to all users in the United States through Muse, its consumer artificial intelligence assistant, adding a digital avatar designed to make interactions with AI more conversational and personalized. The company announced the wider rollout on Thursday, following the feature’s initial introduction at its Connect developer conference in […] The post Meta Opens Muse AI Voice and Video Calls to US Users as It Expands Consumer AI Experience appeared first on Tekedia.

Block is eliminating jobs for the second time this year, extending a workforce restructuring programme led by chief executive Jack Dorsey as the fintech company seeks to reduce operating costs and reorganize teams around greater use of automation and artificial intelligence. The company informed some employees on Wednesday that their positions were being eliminated, according […] The post Block Cuts Jobs Again as Jack Dorsey Pushes Further Operational Restructuring appeared first on Tekedia.

African capital markets demonstrated remarkable resilience in 2025 and continued their positive performance into 2026, despite global economic shocks, geopolitical uncertainty and changing financial conditions. According to the Organisation for Economic Co-operation and Development (OECD), African equity markets recorded substantial growth, highlighting the region’s increasing attractiveness to investors and its potential to become a more […] The post African Capital Markets Gain Momentum as OECD Highlights 49% Growth in 2025 appeared first on Tekedia.

Binance co-founder Changpeng Zhao, known as CZ, has publicly addressed the exchange’s massive October 29, 2026, security breach, admitting that a hack of this scale points to serious failures while calling for full transparency and meaningful improvements. In a post on X, Zhao wrote that no platform is completely unhackable, but that reality cannot serve […] The post Binance Founder CZ Acknowledges Serious Security Failures in Record $6.3 Billion Hack appeared first on Tekedia.

The Bank of England has raised interest rates for the first time in more than three years, warning that another increase could follow if the US-Iran conflict continues to drive up energy prices and feed inflation across the British economy. The Monetary Policy Committee voted 8-1 on Thursday to increase the benchmark rate from 3.75% […] The post Bank of England Raises Interest Rates to 4% as Iran Conflict Threatens to Push Inflation Towards 5% appeared first on Tekedia.

Meta is preparing for a more difficult environment for building artificial intelligence infrastructure in the United States after Democratic victories in the midterm elections strengthened political opposition to data center projects, according to company president Dina Powell McCormick. Speaking at the Wall Street Journal Tech conference on Wednesday, Powell McCormick said the election results would […] The post Meta Warns Democratic Midterm Wins Could Make US Data Centre Construction Harder appeared first on Tekedia.

French banking group Crédit Mutuel Arkea said hackers stole approximately €100 million ($112.61 million) through fraudulent transactions, in an unusual cyberattack that has prompted a criminal investigation and renewed concerns about the vulnerability of financial institutions to sophisticated digital threats. The Brittany-based lender said on Wednesday that attackers used an account belonging to the bank […] The post Credit Mutuel Arkea Says Hackers Stole €100 Million in Rare Attack on French Bank appeared first on Tekedia.

President Donald Trump’s latest comments about artificial intelligence have created an unusual challenge for technology executives, forcing some of the world’s biggest companies to navigate a political and linguistic debate over what the technology should be called. From Nvidia to Microsoft, executives are facing pressure to adjust their language after Trump reportedly expressed opposition to […] The post Trump’s ‘Super Intelligence’ Vision Sparks Debate Across Silicon Valley appeared first on Tekedia.

Global equity markets rallied on Wednesday after Democrats secured control of both chambers of the US Congress in the midterm elections, giving investors greater clarity over Washington’s political direction and raising expectations of stronger legislative oversight of President Donald Trump’s policies. The election outcome marked a major setback for Trump, with Democrats recording sweeping victories […] The post Global Stocks Rally as Democratic Midterm Wins Ease Political Uncertainty, Oil Slides 9% appeared first on Tekedia.

Apple is moving closer to removing the waitlist for its redesigned Siri assistant, allowing eligible users to download the artificial intelligence feature automatically after opting in, as the company gradually expands access to its latest AI capabilities. In an updated support blog published on Monday under the title “How to get Siri AI,” Apple said […] The post Apple Eases Access to AI-Powered Siri, Makes Waitlist Conditional on Demand appeared first on Tekedia.

Agility Robotics is set to become the first US humanoid-focused company to trade publicly, bringing the financial realities of the emerging robotics industry into sharper focus as investors assess whether the technology can develop into a profitable commercial business. The Oregon-based startup, which makes two-legged robots designed to move materials and sort goods in factories […] The post Agility Robotics Goes Public With $2.5bn Valuation as Humanoid Robot Economics Face Scrutiny appeared first on Tekedia.

Toyota Motor raised its annual earnings outlook after stronger-than-expected hybrid vehicle sales helped the Japanese automaker outperform a struggling global car industry, while announcing plans to return as much as $89 billion to shareholders by March 2031. The announcements sent Toyota shares up 17% on Thursday, their biggest one-day gain in almost 40 years. The […] The post Toyota Shares Surge 17% as Hybrid Sales Lift Forecast and $89bn Payout Plan Impresses Investors appeared first on Tekedia.

Bitcoin has dropped below the $77,000 level, reversing a recent rebound above $80,000 and triggering a wave of forced selling across cryptocurrency markets. The decline accelerated shortly after U.S. stock markets opened, with the leading cryptocurrency falling as much as 5–6 percent on the day and briefly trading near $75,500–$76,000 before a partial recovery. Data […] The post Bitcoin Falls Below $77,000 as $400 Million in Longs Liquidated Amid Tech Stock Sell-Off appeared first on Tekedia.

Germany’s largest residential property company, Vonovia, has criticized proposals by a potential left-wing government in Berlin to transfer thousands of privately owned apartments into public ownership, arguing that the initiative would do little to address the city’s worsening housing shortage. The dispute highlights the growing political divide over how Germany’s capital should tackle rising rents, […] The post Vonovia Criticizes Berlin’s Plan to Nationalize Thousands of Private Apartments Amid Housing Shortage appeared first on Tekedia.

Germany’s automotive industry is showing signs of renewed optimism, with business sentiment among car manufacturers improving sharply in October despite mounting challenges facing the sector. According to experts at the ifo economic institute, confidence across the country’s automotive industry strengthened during the month, suggesting that manufacturers may be becoming more optimistic about future business conditions. […] The post Germany’s Automotive Industry Sentiment Improves Despite BMW’s Profit Slump and Weak Chinese Sales appeared first on Tekedia.

Goldman Sachs and Apollo Global Management are in talks with investors to sell portions of a roughly $40 billion financing arrangement for artificial intelligence chips and server equipment being leased to SpaceX, Bloomberg News reported on Wednesday. The two financial firms have begun approaching potential buyers ahead of a formal syndication process for the multi-tranche […] The post Goldman Sachs, Apollo Seek Investors for $40 Billion SpaceX AI Chip Financing Deal appeared first on Tekedia.

Shares of 3M climbed to their highest level in more than eight years on Wednesday after the industrial products manufacturer agreed to pay $7.35 billion to resolve personal injury claims linked to its firefighting foam, easing a major legal uncertainty that had weighed on the company’s valuation. The settlement covers claims brought by people who […] The post 3M Shares Hit Eight-Year High After $7.35 Billion Settlement Over PFAS Injury Claims appeared first on Tekedia.

A November 2026 report by TLP Advisory reveals that the UK is a key base for African tech companies.

WayaWaya has partnered with Choice Bank to launch banking services to bring more banking capabilities to its AI-powered financial services platform.

Nigeria is reviewing its cybersecurity laws to counter mounting threats as artificial intelligence (AI) makes fraud, digital deception, and attacks on critical infrastructure harder to detect.

Consumer buying habits rarely stay the same for long. New technologies, changing financial priorities, and greater access to information have transformed how people discover products and decide which brands deserve their money. For emerging businesses, understanding these changes can be just as important as developing a good product. Today’s customers can compare prices, read reviews, […] The post What Emerging Consumer Brands Can Learn From Changing Buying Habits appeared first on Tekedia.

African payments infrastructure provider Enza has raised $6 million in a Seed+ funding round led by 4DX Ventures to accelerate its expansion into new markets and strengthen digital payment services for banks and financial technology companies across the continent. The investment attracted British International Investment (BII), the United Kingdom’s development finance institution, as a new […] The post Enza Raises $6M to Expand Payments Infrastructure Across African Markets appeared first on Tech In Africa.

Ethiopian gaming startup Rise of Fearless has secured $1 million in funding from Epic Edges Capital to expand its African-inspired battle royale mobile game, strengthen its technology infrastructure and reach more players across international markets. The investment marks a significant milestone for the company, which previously operated without external funding, as it seeks to establish […] The post Ethiopia’s Rise of Fearless Lands $1M Investment to Take African-Themed Gaming Global appeared first on Tech In Africa.

A crypto trading bot does three jobs that decide whether a trade ends in profit: it copies a wallet, buys or sells at a price you set, and exits on rules you chose once. Banana Gun runs all three inside Telegram, so they keep working while you are at your day job. Banana Gun is […] The post How to Make Money With a Crypto Trading Bot: Copy Trades, Limit Orders and Exits on Banana Gun appeared first on Tekedia.

OpenAI has renewed its commitment to pay the full cost of electricity for its data centers, while promising greater transparency and community engagement around new facilities, as opposition to the rapid expansion of artificial intelligence infrastructure gains political momentum across the United States. The commitments, published on Thursday, include promises that OpenAI will seek community […] The post OpenAI Pledges to Cover Full Data Centre Power Costs After US Voters Reject Expansion Projects appeared first on Tekedia.

David Jones, one of Australia’s oldest and most recognizable department store chains, has entered voluntary administration after 188 years in business, marking another major setback for the country’s retail sector as higher operating costs, weak consumer spending and supply chain pressures strain established companies. The retailer’s 38 stores across Australia and New Zealand will remain […] The post David Jones Enters Voluntary Administration After 188 Years as Australia’s Retail Pressures Deepen appeared first on Tekedia.

China has said it is willing to increase purchases of American agricultural products, but only if Washington implements an agreed reciprocal tariff-reduction arrangement, signaling that trade concessions remain key to Beijing’s efforts to expand agricultural imports from the United States. The Chinese commerce ministry’s position raises questions about the timing and scale of a proposed […] The post China Links $17 Billion US Farm Purchases to Implementation of Reciprocal Tariff Cuts appeared first on Tekedia.

Why should your business outfit your team with ContiSX phones? Because ContiSX drastically reduces your communication expenses. 1. Zero Data Expenses for 12 Months Equip your team members with ContiSX phones, and your organization pays $0 in communication costs for a full year for all text, voice, and video calls made within the ContiSX platform. […] The post Use ContiSX Phones to Cut Your Organization’s Data Costs Anywhere appeared first on Tekedia.

US Treasury yields edged lower on Thursday as investors assessed the implications of the midterm election results for economic policy and geopolitical risks, while positioning ahead of fresh employment data that could influence expectations for Federal Reserve interest rates. The benchmark 10-year Treasury yield fell about three basis points to 4.865% at 4:11 a.m. ET. […] The post US Treasury Yields Fall Further as Investors Assess Midterm Election Results and Await Jobs Data appeared first on Tekedia.

If OPay is to succeed on its second IPO attempt, it will need to revisit how well it bounced back from inquiries by Nigerian policymakers. 

The artificial intelligence boom is creating an unusual shift in the technology job market, with forward-deployed engineers emerging as some of the most sought-after professionals in the industry. As companies race to integrate AI into their operations, competition for engineers capable of turning sophisticated technology into practical business solutions is driving compensation packages as high […] The post Why Forward-Deployed Engineers Are Earning Up to $1.5 Million as AI Demand Surges appeared first on Tekedia.