Nigeria’s AI progress will be judged by the local problems it solves, panellists said at “The State of AI in Nigeria", a session at Moonshot by TechCabal.

America’s largest technology companies generated a record $542.9 billion in operating cash flow during the first nine months of 2026, but returned a sharply smaller proportion of that money to shareholders as the cost of expanding artificial intelligence infrastructure absorbed an increasing share of their resources. Microsoft, Alphabet, Amazon, Meta and Oracle returned just 9.3% […] The post Big Tech Returns Just 9.3% of Cash to Shareholders as AI Spending Pushes Free Cash Flow Into Deficit appeared first on Tekedia.

Alphabet and Amazon have faced significant investor pressure following disappointing third-quarter earnings developments, highlighting growing concerns about slowing growth, rising costs, and the sustainability of valuations across the technology sector. Alphabet reportedly plunged 11.5% as investors reacted to slowing search growth, while Amazon suffered a sharp decline following a quarterly earnings miss that reportedly erased […] The post Alphabet and Amazon Stocks Plunge as Q3 Earnings Disappoint Investors appeared first on Tekedia.

Binance co-founder Changpeng Zhao, widely known as CZ, publicly asked Elon Musk to stop trolling the exchange as it grappled with what appears to be the largest cryptocurrency theft in history. Recall that hackers siphoned roughly $6.3 billion from Binance-linked wallets across multiple blockchains this week, prompting an investigation and rapid response from the platform. […] The post CZ Urges Elon Musk to Stop Trolling Amid Binance’s Record Hack, Cites $1B+ SpaceX Stake appeared first on Tekedia.

American Republican politician Senator Cynthia Lummis has pointed to the record $6.3 billion Binance hack as evidence that the stalled CLARITY Act could have given crypto firms clearer legal authority to act faster on suspicious transactions. In a post on X, the Wyoming Republican described the Binance hack as the biggest heist in history, noting […] The post Senator Lummis Says CLARITY Act Would Have Enabled Faster Freezes After $6.3 Billion Binance Hack appeared first on Tekedia.

Meta Platforms has settled a lawsuit brought by an 18-year-old woman who accused the company of designing Instagram and Facebook to encourage addictive use, contributing to mental health problems and disordered eating. The settlement, announced by attorneys for the plaintiff on Friday, came after jury selection began on Wednesday in a Los Angeles state court […] The post Meta Settles Second Teen Social Media Addiction Lawsuit, Leaving Snap as Sole Defendant at Trial appeared first on Tekedia.

BP reported its highest quarterly underlying profit on record on Friday, benefiting from higher oil prices and stronger refining margins linked to the Iran war, as the British energy company moved to settle its remaining financial liabilities from the 2010 Deepwater Horizon disaster. The company reported third-quarter underlying replacement cost profit of $8.46 billion, its […] The post BP Posts Record $8.46 Billion Quarterly Profit as Iran War Boosts Oil and Refining Margins appeared first on Tekedia.

Elon Musk has issued a warning about the potential behavior of advanced artificial intelligence systems, stating that superintelligent AI agents could eventually exploit financial infrastructure, including cryptocurrency and decentralized finance protocols to obtain currency for their own purposes rather than for any human operator. His comment comes in the wake of a major security incident […] The post Elon Musk Warns: Superintelligent AI Agents May One Day Exploit Financial Systems For Themselves appeared first on Tekedia.

Nvidia is in talks to provide billions of dollars in credit guarantees to AI cloud provider Nscale, a move that could help the British company secure debt financing for a data center project in West Virginia intended to supply computing capacity to Anthropic, according to a report by The Information. The proposed support would help […] The post Nvidia Weighs Billions in Credit Guarantees to Support Nscale’s $45bn Anthropic Data Centre Deal appeared first on Tekedia.

The digital asset industry continues to evolve as blockchain platforms expand their financial offerings while confronting persistent security concerns. Ondo’s launch of seven Intelligent Portfolios on Solana, including three powered by BlackRock, highlights the growing integration of traditional financial products with blockchain technology. Meanwhile, Polymarket has reportedly switched to cancel-only mode amid unconfirmed reports of […] The post Ondo Expands Tokenized Investments on Solana as Polymarket Faces Security Concerns appeared first on Tekedia.

AM Intelligence, an Indian artificial intelligence infrastructure company, is reportedly seeking to raise as much as $3 billion through bond sales and bank loans to finance purchases of Nvidia’s next-generation Rubin graphics processing units, as competition to build AI computing capacity intensifies across Asia. The Hyderabad-based company is considering a combination of debt instruments to […] The post India’s AM Intelligence Seeks $3 Billion Debt to Buy Nvidia Rubin AI Chips appeared first on Tekedia.

Visa’s stablecoin settlement volume has surpassed an annualized rate of $25 billion, marking a significant milestone in the adoption of blockchain-based payments. The company’s latest figures indicate that settlement activity has increased tenfold year over year, highlighting the growing role of stablecoins in global financial infrastructure. The development reinforces the potential of digital assets to […] The post Visa Stablecoin Settlement Volume Hits $25 Billion as Adoption Grows 10x appeared first on Tekedia.

BRICS+ countries should accelerate efforts to establish a joint cross-border payments mechanism to reduce dependence on the US dollar, but creating a shared currency would require sweeping economic and institutional reforms that remain difficult to achieve, according to a new report by policy platform BRICS+ Thinking. The report, published on Friday, called on the expanded […] The post BRICS+ Urged to Develop Joint Payments System as Report Warns Against Common Currency Push appeared first on Tekedia.

A major security incident involving Binance has raised fresh concerns about cryptocurrency exchange security after blockchain security firm Blockaid reported that billions of dollars in digital assets moved out of wallets associated with the exchange. According to Blockaid co-founder and CEO Ido Ben-Natan, at least $3.5 billion was transferred from Binance hot wallets across multiple […] The post Binance Exploit Raises Alarm as Blockaid Traces $3.5 Billion in Crypto Outflows appeared first on Tekedia.

The cryptocurrency industry continues to explore new ways to strengthen token value, reward users, and encourage long-term participation as blockchain platforms compete for market share. Two developments attracting attention are Hyperliquid’s reported burning of nearly $4 billion worth of HYPE tokens, reducing its circulating supply by almost 5%, and OpenSea’s decision to make the first […] The post Hyperliquid Burns $4B in HYPE Tokens as OpenSea Referral Rewards Go Live appeared first on Tekedia.

The publication of personal information belonging to more than 40,000 Department of Homeland Security (DHS) employees online has raised serious concerns about cybersecurity, government data protection, and the potential risks facing federal workers. The incident highlights the growing challenges confronting government agencies as cybercriminals and politically motivated hackers increasingly target sensitive information held by public […] The post DHS Employee Information Leak Sparks Debate Over Transparency and Privacy appeared first on Tekedia.

Technology shares tumbled on Friday as investors moved into government bonds and other traditional safe-haven assets, increasingly questioning whether the enormous capital expenditure committed to artificial intelligence infrastructure will generate sufficient returns to justify its cost. US stock futures pointed to further losses on Wall Street, with Nasdaq 100 futures indicating a decline of more […] The post Global Markets Slide as AI Spending Fears Drive Investors Towards US Treasuries appeared first on Tekedia.

Waymo is expanding its international robotaxi ambitions through a partnership with Toyota to develop autonomous electric vehicles, beginning with testing of Toyota bZ4X models in Japan next year and potentially extending deployments to the United Kingdom and other right-hand-drive markets. Under the agreement announced on Friday, Toyota will manufacture the 2027 bZ4X electric vehicles and […] The post Waymo Partners with Toyota to Develop Robotaxis for Japan and UK Markets appeared first on Tekedia.

The world’s largest cryptocurrency exchange, Binance, has suffered what investigators and the company describe as the largest crypto theft in history. Reports reveal that approximately $6.3 billion in digital assets was drained from multiple hot wallets across several blockchains in a coordinated attack that unfolded over a few hours. Binance founder Changpeng Zhao, known as […] The post Record $6.3 Billion Crypto Heist Hits Binance as Founder CZ Confirms Hack appeared first on Tekedia.

Foxconn is targeting a larger share of the global artificial intelligence server market, aiming to increase its position from about 40% currently to as much as 50% within the next few years as technology companies accelerate investment in computing infrastructure. Chairman Young Liu said the Taiwanese electronics manufacturer could capture approximately 45% of the market […] The post Foxconn Targets 50% of Global AI Server Market as It Expands US Manufacturing appeared first on Tekedia.

US stocks declined on Thursday as investors reassessed the scale and financial returns of Big Tech’s artificial intelligence investments, with disappointing earnings from major technology companies adding to concerns about rising costs and the sustainability of the AI spending boom. The Nasdaq Composite recorded the steepest decline among the major indexes, falling 1.37%, as Alphabet’s […] The post US Stocks Fall as Alphabet’s AI Spending and Weak Amazon Outlook Deepen Tech Sell-Off appeared first on Tekedia.

This is a friendly reminder that the current Tekedia Capital investment cycle will close on November 9, 2026. If you plan to participate, kindly take note of this deadline. We have 20 promising global startups across exciting industries. You can review their pitch decks, overview videos, investment opportunities and other relevant materials by logging into […] The post Reminder: Current Tekedia Capital Investment Cycle Closes November 9, 2026 appeared first on Tekedia.

Critical care teams work in one of the most demanding environments in healthcare. Physicians, nurses, respiratory therapists, and other Intensive Care Unit (ICU) professionals must respond quickly to life-threatening conditions while managing complex monitoring, evolving treatment plans, and constant communication across the care team. For many ICU clinicians, traditional training models can feel difficult to […] The post Why Busy ICU Teams Choose Flexible Critical Care Courses appeared first on Tekedia.

Vectar Energy is a climate finance company that began as a maker of solar-powered portable power stations and now brings small solar projects together to access carbon markets they could not enter on their own.

Stablecoins are giving African businesses an alternative way to pay overseas suppliers, but costs, security concerns and fragmented blockchain networks remain obstacles to wider use, industry executives told Moonshot by TechCabal in Lagos.

The world’s largest technology companies are on course to spend as much as $828 billion on capital expenditure this year as they accelerate investment in data centers, computing equipment and other infrastructure supporting the expansion of artificial intelligence. Amazon, Alphabet, Meta, Microsoft and SpaceX collectively spent about $227 billion in the third quarter, a 20% […] The post Big Tech AI Infrastructure Spending Set to Reach $828 Billion in 2026 as Hyperscalers Expand Investment appeared first on Tekedia.

The technology sector is facing renewed attention as the U.S. Department of Justice reportedly examines Nvidia’s $12.93 billion purchase of Hugging Face, while Microsoft has delivered stronger-than-expected financial results that sent its stock rising more than 5%. These developments highlight the growing influence of artificial intelligence, intensifying regulatory scrutiny, and the financial rewards available to […] The post Nvidia-Hugging Face Deal Faces DOJ Scrutiny as Microsoft Stock Jumps 5% appeared first on Tekedia.

Binance, the world’s largest cryptocurrency exchange, has suffered a $6.3 billion security breach in what analysts described as the biggest cryptocurrency theft on record, raising fresh concerns about the safety of digital assets held on centralized trading platforms. The attack triggered a broad decline in cryptocurrency prices, forced Binance to suspend withdrawals, and renewed scrutiny […] The post Binance Hit by $6.3bn Crypto Theft as North Korea Suspected in Record Exchange Hack appeared first on Tekedia.

On November 10, 2026, we will do an operating system update for all users of ContiSX Phone. That update will push the following services live both on the web and the phone: -ContiSX Sage: AI-powered intelligence for market insights, research, financial analysis and multilingual assistance in Igbo, Hausa, Yoruba, Pidgin and English. -ContiSX Shield: Security […] The post Major OS Update for ContiSX Phones on Nov 10, 2026 appeared first on Tekedia.

Alphabet shares fell more than 7% after the company reported third-quarter revenue of $127.58 billion, missing market expectations and raising questions about the technology giant’s financial performance amid intensifying competition in artificial intelligence. The decline came as Google unveiled Gemini 4 Carbon, a new artificial intelligence model that Chief Executive Officer Sundar Pichai said ranks […] The post Alphabet Revenue Miss Puts Google’s AI Strategy Under the Spotlight appeared first on Tekedia.

The Bank of Japan has declared that underlying inflation is now “generally consistent” with its 2% target for the first time since adopting the objective in 2013, marking a significant shift in its assessment as policymakers prepare for the possibility of further interest rate increases. The central bank had previously described underlying inflation as “approaching […] The post Bank of Japan Signals 2% Inflation Target Achieved, Strengthening Case for Further Rate Hikes appeared first on Tekedia.

Intel shares fell sharply in extended trading on Thursday after the chipmaker issued a weaker-than-expected fourth-quarter outlook, warning that softness in the global personal computer market and production disruptions would weigh on near-term performance. The forecast overshadowed third-quarter results that exceeded Wall Street’s expectations, with revenue rising 21% year over year as demand for data […] The post Intel Shares Plunge After Weak Fourth-Quarter Forecast Exposes PC Market Pressures and Supply Constraints appeared first on Tekedia.

The financial industry is entering a new phase of digital asset adoption as the Depository Trust and Clearing Corporation (DTCC) moves forward with securities tokenization, while growing interest in perpetual futures trading brings traditional finance closer to decentralized markets. Developments involving DTCC, the New York Stock Exchange’s parent company, OKX, and Hyperliquid highlight how established […] The post DTCC Tokenization Goes Live With 34 Securities as ICE Expands Hyperliquid Perps appeared first on Tekedia.

The Federal Reserve has kept interest rates unchanged, maintaining its benchmark federal funds target range at 3.75% to 4% after its October 28, 2026, meeting. The decision reflects policymakers’ effort to balance persistent inflation against resilient economic activity while gathering evidence before deciding whether borrowing costs should rise or fall. The Federal Open Market Committee […] The post Fed Holds Interest Rates Steady at 3.75%–4% as Kevin Warsh Announces FOMC Meeting Changes appeared first on Tekedia.

Gold prices dropped below $4,000 an ounce on Friday, reaching their lowest level since mid-July as rising crude oil prices, stronger US economic growth and persistent inflation increased expectations that the Federal Reserve could raise interest rates again in December. Spot gold fell 0.6% to $3,995.42 per ounce by 0904 GMT, after touching its lowest […] The post Gold Falls Below $4,000 as Oil Prices and US Inflation Raise December Rate-Hike Bets appeared first on Tekedia.

Artificial intelligence is continuing to transform professional services and software development, as companies introduce tools designed to improve productivity, reduce operational expenses, and make advanced capabilities more accessible. Anthropic’s Claude is expanding its support for legal work through a gallery of ready-made artifacts, while GitHub Copilot Fusion is targeting software developers with frontier-level coding quality […] The post AI Productivity Advances as Claude Introduces Legal Artifacts and GitHub Copilot Fusion Cuts Coding Costs appeared first on Tekedia.