Altimeter Capital CEO Brad Gerstner has pushed back against growing warnings that artificial intelligence could pose an existential threat to humanity, calling this week’s debate over AI-driven extinction risks overly alarmist and disconnected from the safeguards being developed around the technology. “What I didn’t like this week is these hyperbolic scare tactics, which I think […] The post Altimeter CEO Brad Gerstner Rejects AI Extinction Warnings as ‘Hyperbolic Scare Tactics’ appeared first on Tekedia.

Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, has asked the U.S. Supreme Court to overturn his 2023 fraud conviction and the accompanying 25-year prison sentence. In a petition for a writ of certiorari filed on September 10, 2026, his legal team seeks to vacate an approximately $11 billion forfeiture order. Bankman-Fried was […] The post Sam Bankman-Fried Petitions Supreme Court to Overturn FTX Fraud Conviction And $11 Billion Forfeiture appeared first on Tekedia.

Financial markets are increasingly being shaped by two seemingly opposite forces: capital retreating from established digital-asset investment products and financial institutions experimenting with blockchain to modernize traditional markets. The latest developments in Bitcoin exchange-traded funds and India’s corporate bond market illustrate this transition clearly. Bitcoin ETFs have recorded approximately $282 million in net outflows, highlighting […] The post Bitcoin ETF Outflows Meet India’s $620 Billion Corporate Bond Tokenization Experiment appeared first on Tekedia.

The trustee overseeing the bankruptcy of disbarred New York attorney Mitchell Kossoff’s law firm has sued JPMorgan Chase, alleging the bank knew about Kossoff’s misuse of client funds but failed to intervene, allowing nearly $20 million in stolen money to disappear. In a lawsuit filed Wednesday in Manhattan bankruptcy court, Albert Togut, the court-appointed Chapter […] The post Trustee Sues JPMorgan, Alleging Bank Enabled Disbarred Lawyer’s $20 Million Client-Fund Theft appeared first on Tekedia.

The U.S. financial market is entering an unusual phase in which prediction markets, cryptocurrency derivatives and traditional equities are increasingly converging. Two developments involving Kalshi and Bitwise illustrate this transformation from opposite directions: Kalshi is seeking to expand perpetual futures into individual U.S. stocks, while Bitwise is preparing to close its Dogecoin exchange-traded fund less […] The post Kalshi’s Stock Perpetuals and Bitwise’s Dogecoin ETF Retreat appeared first on Tekedia.

Robinhood’s crypto business is gaining momentum as trading activity surges across its platform, with monthly cryptocurrency trading volume jumping 61% month-over-month to $17.5 billion. The increase highlights a broader revival in digital-asset participation and reinforces Robinhood’s growing position at the intersection of traditional finance, retail investing and crypto markets. The $17.5 billion figure is significant […] The post Why Robinhood’s 61% Crypto Volume Increase Matters for the Digital Asset Market appeared first on Tekedia.

Artificial Intelligence company OpenAI is considering slowing the development of its most advanced AI systems, and CEO Sam Altman is hoping other leading AI labs will follow a similar approach. In a company-wide meeting this week, Altman told employees that the company could pace its frontier AI work, potentially in coordination with several peer labs, […] The post OpenAI Open to Slowing Cutting-Edge AI Development, Altman Tells Staff appeared first on Tekedia.

As blockchain infrastructure continues to mature, cryptocurrency mining is gradually moving away from the traditional model of individuals purchasing equipment and building their own mining facilities toward greater specialization, scalability, and remote access. For users who do not own mining hardware or lack operational and maintenance experience, cloud mining and mining pool services offer alternative […] The post Top 10 Cryptocurrency Cloud Mining Platforms in 2026: A Guide to Bitcoin Cloud Mining Platforms appeared first on Tekedia.

Shares of Chinese artificial intelligence chipmaker Enflame Technology surged 206% on its Shanghai debut, extending a remarkable rally in domestic semiconductor stocks as investors bet that China’s chip industry can increasingly replace Nvidia and other U.S. suppliers in the country’s rapidly expanding AI market. Enflame attracted extraordinary demand before its listing, with the retail portion […] The post Tencent-Backed Enflame Surges 206% in Shanghai Debut as China Bets on Nvidia Alternatives appeared first on Tekedia.

The National Stock Exchange of India is seeking a valuation of up to 4.42 trillion rupees ($46.31 billion) in its long-awaited initial public offering, setting the stage for one of the country’s largest stock-market listings and giving investors a chance to buy into the exchange that dominates India’s rapidly expanding derivatives market. NSE said in […] The post India’s NSE Seeks $46 Billion Valuation In Long-Awaited IPO As Investors Trim Share Sale appeared first on Tekedia.

Anthropic has accused several leading Chinese artificial intelligence companies of carrying out a large-scale campaign to extract knowledge from Claude, saying Alibaba, Moonshot AI, DeepSeek, Zhipu and Xiaomi collectively launched nearly 190 million distillation attacks against its models between May and July. The allegations, disclosed in a report published Thursday, offer a detailed look at […] The post Anthropic Says Chinese AI Labs Launched 190 Million Claude Distillation Attacks appeared first on Tekedia.

The chief executive of an Ant Group-backed humanoid robotics startup has accused OpenAI of directly copying elements of its artificial intelligence research and product design, escalating a growing debate over AI “distillation” as U.S. and Chinese companies race to develop more capable models for robots. Guo Renjie, CEO of Suzhou-based JoyIn, published an open letter […] The post Ant-Backed Robotics Startup Accuses OpenAI of Copying Its AI and Design Concepts appeared first on Tekedia.

Shell is reshaping its U.S. power portfolio, agreeing to sell its interest in a 609-megawatt gas-fired power complex in Rhode Island to Constellation Energy for $715 million while acquiring a smaller natural gas generation facility in Pennsylvania. The transactions give Shell greater exposure to the PJM Interconnection, the largest electricity market in North America, where […] The post Shell Sells Rhode Island Power Plant for $715 Million as It Expands in U.S. Power Market appeared first on Tekedia.

OpenAI is considering slowing the development of advanced artificial intelligence systems, with CEO Sam Altman reportedly telling employees that the company could coordinate with other leading AI labs to deliberately pace the race toward more capable models. The possibility was discussed during a company-wide meeting this week, according to people familiar with the matter cited […] The post OpenAI Says It’s Open to Slowing AI Development As Safety Fears Deepen appeared first on Tekedia.

Micron Technology will pay some of its Taiwan-based direct labor employees bonuses equivalent to as much as 68 months of salary for fiscal 2026, offering its biggest-ever rewards to workers after the U.S. memory-chip maker posted what it described as an extraordinary year. The payouts come as Micron faces growing pressure from unions representing about […] The post Micron Awards Taiwan Workers Up To 68 Months’ Pay After Extraordinary Year appeared first on Tekedia.

A global bond selloff pushed the U.S. 10-year Treasury yield toward the closely watched 5% threshold on Friday as oil prices surged above $100 a barrel, inflation fears intensified, and investors increased bets that major central banks will have to resume raising interest rates. The benchmark Treasury yield climbed as high as 4.979%, its highest […] The post Global Bond Selloff Pushes U.S. 10-Year Yield Toward 5% As Oil Fuels Inflation Fears appeared first on Tekedia.

JPMorgan Chase Chief Executive Jamie Dimon has warned Britain’s new government against increasing taxes on banks, adding pressure on Finance Minister John Healey ahead of an Autumn Budget that could include a windfall levy on banks and oil companies. Dimon met Healey at Downing Street on Wednesday and was also reported to have held talks […] The post JPMorgan’s Dimon Warns UK Against Bank Windfall Tax as Budget Tax Raid Looms appeared first on Tekedia.

Altera, the programmable-chip maker backed by private-equity firm Silver Lake and Intel, is preparing for an initial public offering that could raise more than $2 billion as early as this year, potentially making it one of the largest U.S. semiconductor listings since Arm Holdings returned to public markets in 2023. The San Jose, California-based company […] The post Intel-Backed Altera Prepares $2 Billion-Plus IPO As Semiconductor Listings Rebound appeared first on Tekedia.

The Bank of Japan is expected to raise interest rates by 25 basis points next week and could signal a faster pace of tightening if persistent price pressures increase the risk that inflation will overshoot its target, according to four people familiar with the central bank’s thinking cited by Reuters. A move to 1.25% would […] The post BOJ Set to Raise Rates to 1.25% as Inflation Risks Build appeared first on Tekedia.

The International Energy Agency has cut its forecast for Russia’s oil production for the second consecutive month, citing the growing impact of Ukrainian drone attacks on the country’s energy infrastructure and a sustained decline in crude output. The downgrade adds another layer of uncertainty to global oil supply at a time when disruptions to major […] The post IEA Cuts Russia Oil Output Forecast as Ukrainian Drone Strikes Disrupt Energy Infrastructure appeared first on Tekedia.

Nvidia CEO Jensen Huang is betting that the artificial intelligence boom is still in its early stages, explaining that the chipmaker’s unusually broad reach across the AI industry gives it a view of future demand that few competitors can match. Speaking at the Goldman Sachs Communacopia + Technology conference on Thursday, Huang reiterated his expectation […] The post Jensen Huang Says Nvidia Sees the AI Boom in Early, Targets 70% Revenue Growth  appeared first on Tekedia.

U.S. lawmakers are weighing legislation that would require developers of artificial intelligence systems to build in technical kill switches capable of throttling, suspending, or fully shutting down models if they pose catastrophic risks. The bipartisan AI Kill Switch Act, introduced in July 2026 by Representatives Ted Lieu and Nathaniel Moran, aims to give the federal […] The post U.S Congress Eyes Mandatory Kill Switches For Dangerous AI Systems appeared first on Tekedia.

The odds of the U.S. Senate passing the Digital Asset Market Clarity Act have fallen sharply on Polymarket, with traders now pricing in just an 18% chance of the legislation becoming law ahead of a critical Senate vote. The figure, reflected in roughly $14.8 million of trading volume on the contract, marks a steep decline […] The post Polymarket Odds for Clarity Act Fall to 18% Ahead of Critical Senate Vote appeared first on Tekedia.

Modern business operations depend heavily on clear communication channels across every level of client engagement. Advanced phone setups give internal teams the tools needed to connect with clients without experiencing operational friction. Upgrading communication infrastructure fundamentally changes how prospective and long-standing clients experience everyday service interactions. Callers receive significantly faster support, fewer dropped connections, and […] The post Ways VoIP Can Improve Customer Service and Satisfaction appeared first on Tekedia.

OpenAI has withdrawn its sponsorship of a mathematics hackathon at the California Institute of Technology after current and former Caltech mathematicians warned that the event could have damaging consequences for the mathematical community and deepen tensions over how artificial intelligence is being used to conduct research. The decision came a day after academics published an […] The post OpenAI Pulls Support for Caltech Math Hackathon After Mathematicians Warn Of ‘Slop Mathematics’ appeared first on Tekedia.

German companies operating in China may be approaching a critical moment as Chinese businesses increasingly expand beyond their domestic market and compete for international opportunities. A report published by the German Chambers of Commerce Worldwide Network (AHK) suggests that German firms could be running out of time to build meaningful partnerships with Chinese companies before […] The post German Companies in China Face a Narrow Window as Chinese Firms Expand Globally appeared first on Tekedia.

iPhone 18 Storage: Which Size Should You Actually Buy in 2026? Buying a new iPhone is expensive enough without paying for storage you will never use. The iPhone 18… TechCity

Foldable iPhone Worth It? What the $1,999 iPhone Duo Actually Gets You Apple has finally entered the foldable phone market. After years of rumours and speculation, the company unveiled the… TechCity

The European Central Bank raised its key deposit rate by 25 basis points to 2.5% on Thursday, delivering the widely expected increase as surging energy prices and geopolitical tensions complicate the outlook for inflation and economic growth across the euro zone. The decision lifted the deposit rate from 2.25% and marked the latest step in […] The post ECB Raises Rate to 2.5% as Middle East War Complicates Inflation Outlook appeared first on Tekedia.

OpenAI is calling on the U.S. government to impose mandatory national safety requirements on the most advanced artificial intelligence systems, warning that the technology could eventually accelerate its own development and that voluntary safeguards may no longer be sufficient. The policy push comes after a series of incidents involving AI agents from OpenAI and other […] The post OpenAI Calls for Mandatory U.S. AI Safety Rules After Rogue Agent Incidents appeared first on Tekedia.

UBS CEO Sergio Ermotti has warned that financial markets have become too comfortable with risk, noting that investors are showing a level of complacency that is difficult to reconcile with the growing number of geopolitical and economic threats confronting the global economy. “There has been a level of complacency in financial markets in the last […] The post UBS CEO Warns Investors Are Complacent As Geopolitical And Inflation Risks Mount appeared first on Tekedia.

By 2029, Nigeria could emerge as a critical hardware ecosystem.  Yes, over the last few years, I have watched more young Nigerians move into hardware and other domains where atoms, not only bytes, matter. This shift has profound implications because, without hardware, many of software’s promises will remain muted. Software may provide intelligence, but hardware […] The post Nigerian Entrepreneurs Increasingly Like Hardware after Terra Industries Success appeared first on Tekedia.

Apple’s unveiling of the $1,999 iPhone Duo alongside the iPhone 18 Pro lineup represents more than another annual hardware upgrade. It signals a new chapter in the smartphone industry, where foldable design, artificial intelligence, privacy and professional creativity are beginning to converge. The Duo opens into a 7.6-inch display while retaining a compact outer screen, […] The post iPhone Duo in Nigeria: How Apple Could Expand Global Distribution and Make Premium iPhones More Accessible appeared first on Tekedia.