European stocks rose on Friday as global markets attempted to recover from a technology-led selloff that exposed growing investor concerns about the cost of financing the artificial intelligence boom, the sustainability of corporate profits and the prospect of higher US interest rates. The rebound followed a turbulent week in which stronger-than-expected US inflation data intensified […] The post European Stocks Rebound as AI Debt Concerns Rattle Markets, Dollar Heads for Weekly Loss appeared first on Tekedia.

Social Security recipients are expected to receive a 3.6% cost-of-living adjustment (COLA) in 2027, offering millions of retirees, disabled workers, and other beneficiaries a potential increase in their monthly payments. The adjustment is intended to help recipients maintain their purchasing power as the prices of essential goods and services continue to change. While the increase […] The post Social Security Recipients to Receive a 3.6% Cost-of-Living Increase in 2027 appeared first on Tekedia.

The blockchain industry continues to evolve as projects explore new ways to combine digital ownership, decentralized finance, and improved transaction performance. Two developments attracting attention are the instant sellout of Yield Field deed non-fungible tokens through a Dutch auction starting at 1 ETH and Solana’s planned Alpenglow upgrade, which targets an October 21 mainnet launch […] The post Yield Field Deed NFTs Sell Out Instantly as Solana’s Alpenglow Upgrade Targets October 21 Launch appeared first on Tekedia.

The US economy is facing renewed inflation concerns after September’s Producer Price Index (PPI) rose 6.3% year-over-year, exceeding market expectations and intensifying concerns about the direction of monetary policy. The hotter-than-anticipated inflation reading, following elevated consumer inflation data, has unsettled global investors, triggering a sell-off across Asian markets as technology stocks and artificial intelligence-related investments […] The post US September PPI Hits 6.3% as Asian Markets Sell Off Amid AI Stock Rout appeared first on Tekedia.

Tesla’s ambitious vision for the future of transportation is once again attracting attention as reports emerge about a flying Roadster powered by SpaceX thrusters. The concept reflects Elon Musk’s long-standing ambition to push technological boundaries by combining electric vehicles, aerospace engineering, and advanced propulsion systems. The continued exploration of Starlink highlights Musk’s broader strategy of […] The post Tesla’s Flying Roadster and Starlink: Elon Musk’s Vision for the Future of Transportation and Space Technology appeared first on Tekedia.

Replit CEO and co-founder Amjad Masad believes artificial intelligence is changing the nature of work by shifting employees away from routine execution and towards decision-making, software architecture, and creative problem-solving, as AI agents increasingly take over operational tasks inside businesses. Speaking at TechCrunch Disrupt in San Francisco on Thursday, Masad described a future in which […] The post Replit CEO Says AI Agents Will Create ‘Self-Driving Companies’ appeared first on Tekedia.

OpenAI and Anthropic are moving in opposite directions in cryptocurrency-linked private-market contracts as mounting concerns over AI infrastructure financing weigh on CoreWeave, highlighting how investor sentiment is increasingly differentiating between the two leading artificial intelligence developers. OpenAI’s implied valuation fell more than 4% over 24 hours, briefly slipping below $1.5 trillion, according to perpetual futures […] The post OpenAI Valuation Falls Below $1.5tn as CoreWeave Sell-Off Widens Gap With Anthropic appeared first on Tekedia.

A US federal appeals court has ruled that the Federal Communications Commission (FCC) exceeded its legal authority when it established the administrative company responsible for collecting contributions to a multibillion-dollar telecommunications subsidy programme, raising fresh questions about the legal framework supporting affordable internet and phone services for millions of Americans. The US Court of Appeals […] The post US Appeals Court Rules FCC Exceeded Authority in Creating $9bn Telecom Subsidy Programme appeared first on Tekedia.

Onafriq, the pan-African digital payment platform, has announced plans to wind down its Baxi agent banking business in Nigeria after rising operating costs, currency depreciation, and intensifying competition weakened the sustainability of its offline payment operations. The decision marks a strategic retreat from Nigeria’s agent banking market for a business that Onafriq acquired in 2021 […] The post Onafriq to Wind Down Baxi Agent Banking Business in Nigeria Amid Rising Costs appeared first on Tekedia.

Payments giant Visa has moved its stablecoin capabilities on the Visa Direct platform from pilot programs into commercial production, enabling eligible businesses to prefund cross-border payouts with USDC in near real time. The announcement names payments infrastructure provider Inyo Global as the first enabler of the service. Speaking on the launch, Global Head of Visa […] The post Visa Launches Commercial USDC Prefunding for Global Payouts Through Visa Direct appeared first on Tekedia.

The Africa Blockchain Festival has kicked off in Nairobi, Kenya, bringing together 50 African startup founders, venture capital investors, regulators and technology industry leaders to explore investment opportunities and the future of digital finance across the continent. The three-day event, which began on October 15, 2026, at the Sarit Expo Centre, is expected to run […] The post Africa Blockchain Festival Opens in Nairobi, Connecting 50 Startups With Investors appeared first on Tech In Africa.

Investors are increasingly questioning the financial sustainability of the artificial intelligence boom as the cost of insuring against defaults by technology companies reaches record highs, exposing growing anxiety over the debt being accumulated to build AI infrastructure. Credit default swap (CDS) spreads on several technology companies rose sharply on Thursday as hotter-than-expected US inflation data […] The post AI Debt Fears Push Tech Default Insurance to Record Highs as CoreWeave Bonds Yield 16% appeared first on Tekedia.

Rockstar dropped the GTA 6 launch trailer on 15 October 2026, five weeks before release. We look at the confirmed GTA VI price in South Africa, what the Cyberleek footage shows and how much storage your PS5 or Xbox needs.

Most media groups are built to chase the same story. We are built to find the one nobody else is telling. The moment a topic trends, the industry piles on. The same press release gets reworded fifty ways, everyone races for the same clicks, and the reader ends up with ten versions of one headline […] The post Why Trend Wire Group is built differently appeared first on Tekedia.

Elon Musk unveiled the new Tesla Roadster on 15 October 2026. He invited a live audience for one reason: to prove the car was real and not AI-generated. The Roadster then drove up a towering curved ramp, went upside down and launched off the end. It flipped in mid-air and landed safely on the ground. […]

Anthropic told investors its third-quarter revenue reached $16.8 billion as the artificial intelligence company prepares for a highly anticipated initial public offering reportedly planned for November, according to sources. The figure represents a sharp increase from $11.6 billion in the second quarter and $4.7 billion in the first quarter, highlighting the rapid expansion of demand […] The post Anthropic Reports $16.8 Billion in Third-Quarter Revenue as November IPO Approaches appeared first on Tekedia.

iPhone Duo preorders open today. A cracked inner screen costs $999 to fix Apple lists a $999 fee to fix the iPhone Duo inner screen without AppleCare+. Here are all the repair costs and the math on whether the plan pays. TechCity

Forex traders across Africa have more choices than ever before. From Nigeria and Kenya to South Africa and Ghana, international brokers are competing for clients with tighter spreads, faster execution and increasingly accessible trading platforms. But choosing a broker based on advertised spreads alone can be expensive. Two brokers might both advertise spreads starting from […] The post 5 Ways African Forex Traders Can Cut Costs in 2027 appeared first on Tekedia.

The growing debate over artificial intelligence and child safety has entered a new phase, as eight U.S. states are suing OpenAI over concerns that ChatGPT could harm children and teenagers. The legal action highlights increasing pressure on AI developers legal action highlights increasing pressure on AI developers to take greater responsibility for how their technologies […] The post OpenAI Faces Pressure to Strengthen ChatGPT Privacy Protections appeared first on Tekedia.

The arrest of a former OpenAI engineer accused of secretly installing a listening device inside the company’s San Francisco offices has raised serious questions about corporate security, artificial intelligence and the protection of sensitive technological information. The case involves Abdulrahman Alfozan, a 35-year-old Saudi national who allegedly attempted to record confidential conversations in an executive […] The post Former OpenAI Employee Faces Up to Five Years in Prison Over Alleged Bugging appeared first on Tekedia.

Anthropic is expanding independent scrutiny of its artificial intelligence systems by bringing nonprofit evaluators into its operations, giving selected researchers access to internal tools, infrastructure, and risk-assessment processes as concerns grow over AI developers’ capability to adequately monitor more capable models. The company announced Thursday that it is working with Model Evaluation and Threat Research […] The post Anthropic Gives Independent AI Safety Evaluators METR and SecureBio Access To Evaluate Its Systems’ Risks And Safety Practices appeared first on Tekedia.

Bitcoin’s Fear & Greed Index has dropped to 53, entering neutral territory after reaching a 2026 high of 73 just ten days earlier. The shift marks a clear cooling in investor sentiment following a period of elevated optimism. The index, which tracks crypto market emotion on a scale from 0 (extreme fear) to 100 (extreme […] The post Bitcoin Fear & Greed Index Falls to 53 as Market Sentiment Cools appeared first on Tekedia.

Russia’s oil and gas tax revenue is expected to rise 10% year on year to approximately 1 trillion rubles ($11.97 billion) in October, as higher global oil prices and quarterly tax payments provide a temporary boost to government income despite declining production and a broader annual shortfall. The projected increase offers some relief for the […] The post Russia’s Oil and Gas Tax Revenue Set to Rebound 10% in October Despite Annual Decline appeared first on Tekedia.

Shares of IDBI Bank fell more than 7% on Thursday after the Indian government announced an agreement to sell a 60.7% stake in the state-owned lender to Canada’s Fairfax Financial Holdings for more than 529 billion rupees ($5.5 billion), marking a major step in its efforts to reduce public ownership of the banking sector. The […] The post IDBI Bank Shares Fall 7% as India Agrees to $5.5 Billion Fairfax Stake Sale appeared first on Tekedia.

Britain’s economy expanded faster than expected in August, supported by a surge in manufacturing and continued growth in computer programming, adding to evidence that artificial intelligence investment is becoming an increasingly important contributor to economic activity ahead of Finance Minister John Healey’s budget. Gross domestic product rose 0.1% month on month, according to figures released […] The post UK Economy Beats Forecasts as AI Boom Drives Programming Growth Ahead of Budget appeared first on Tekedia.

CoreWeave CEO Mike Intrator has pushed back against growing market concerns over the financial position of the artificial intelligence cloud-computing provider, saying that investors are allowing difficulties across the wider AI financing market to distort their assessment of the company. CoreWeave shares closed down approximately 15% on Wednesday, as concerns over debt financing and the […] The post CoreWeave CEO Defends Debt Position as Shares Plunge 15% and Bonds Signal Investor Concern appeared first on Tekedia.