Meta Platforms has reached an agreement with CEO Mark Zuckerberg to keep him in California after he warned the company he was considering leaving the state over a proposed one-time tax on billionaires. The arrangement, outlined in a regulatory filing, gives Zuckerberg access to newly created non-voting shares he can sell to cover a potential […] The post Meta Reaches Deal to Keep Zuckerberg in California Over Proposed Billionaire Tax appeared first on Tekedia.

Meta Platforms delivered a strong third-quarter performance, reporting $64.6 billion in revenue for the period ended September 30, 2026. The company posted a 26 percent increase from the same quarter last year, well ahead of analyst expectations of about $63.4 billion. The results were driven almost entirely by advertising, which generated $63.1 billion, also up […] The post Meta Reports $64.6 Billion in Q3 Revenue, Beating Expectations Despite Major Legal Charge appeared first on Tekedia.

Elon Musk has invested approximately $1 billion in Skydance, the newly formed media company created following Paramount’s $110 billion acquisition of Warner Bros. Discovery, according to a report by Semafor. The investment adds another major financial backer to the company as it attempts to integrate a sprawling entertainment business, reduce costs, and improve its market […] The post Elon Musk Reportedly Invests $1bn in Skydance as Paramount Targets $6bn in Cost Cuts appeared first on Tekedia.

Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond In an African tech landscape historically conditioned to wait a full decade for an IPO or M&A… Unlocking Liquidity Before the IPO: How Kuunda’s $5M Secondary Deal Redefines African FinTech Felix Omondi

Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond Hamilton Reserve Bank (HRB), the largest global bank headquartered in the Caribbean, has officially planted its flag… Hamilton Reserve Bank London Opens: Bridging Caribbean Banking to the Heart of Global Finance Felix Omondi

WordPress is introducing Ipsum, a new default WordPress theme designed around a clean, minimal blogging experience. Following the WordPress Twenty Twenty-Five theme, Ipsum represents a new direction for WordPress default themes, moving away from year-based naming towards distinctive names that reflect each theme’s design. If you are a blogger, website owner or WordPress developer looking […]

Digital entertainment has changed considerably over the past decade. People now watch films, play games, listen to music, and interact with online content through devices that fit in their pockets. Faster internet connections, improved software, and new payment technologies have made these activities easier to access. At the same time, businesses continue to introduce tools […] The post How Emerging Technologies Are Changing the Digital Entertainment Industry appeared first on Tekedia.

Enterprise consulting firms are aligning operational positioning with modern B2B strategies to support rapidly scaling international clients. These modernized consulting models help growing organizations navigate complex international regulatory hurdles and digital shifts. Scaling an enterprise across regional borders exposes operational friction points faster than traditional consulting models can fix them. When your organization expands into […] The post Strategic growth frameworks reshape modern business consulting practices appeared first on Tekedia.

Financial institutions face continuous operational adjustments as international lawmakers establish formal rules for digital assets. Operational teams must update compliance procedures to align with shifting legal standards across regional markets. Quick adaptation allows firms to maintain secure trading environments and protect institutional client accounts. Clear regulatory guidelines replace older enforcement actions across major financial jurisdictions […] The post How Regulatory Changes Are Shaping Cryptoasset Operations appeared first on Tekedia.

The AI4Elections hackathon has a ₦10 million prize pool for AI election tools. Here is who can apply Nigerians 18 and over can enter the AI4Elections hackathon until Nov. 12. Who can apply, what you must build and how the ₦10 million is split. TechCity

Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond South Africa doesn’t need to invent new money to fix its youth unemployment crisis—it just needs to… Upgrading the Hustle: SA bets $152 Million in Unlocking Youth Online Gigs in Digital Jobs Platform Felix Omondi

Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond If there is one thing financial technology executives love, it is high-speed growth powered by flexible global… The Great Nigerian Cloud Migration: Why the Clock Is Ticking for Banks and FinTechs Felix Omondi

Norway’s $2.3 trillion sovereign wealth fund recorded a loss of nearly $30 billion in the third quarter as rising interest rates weakened returns on fixed-income investments, underscoring the pressure higher borrowing costs can place on even the world’s largest institutional investors. Norges Bank Investment Management (NBIM), which manages the fund, reported an accounting loss of […] The post Norway’s $2.3tn Wealth Fund Loses $30bn as Rising Bond Yields Hit Returns appeared first on Tekedia.

Indian IT services provider Tech Mahindra said on Thursday it has partnered with SpaceX’s AI division to help businesses modernize legacy applications, accelerate software development and deploy industry-specific artificial intelligence solutions. The collaboration will bring Grok Build into Tech Mahindra’s technology services, enabling the company to develop AI-powered solutions for clients across sectors including technology, […] The post India’s Tech Mahindra Partners With SpaceX’s AI Division to Modernize Legacy Software appeared first on Tekedia.

Uber is expanding its partnership with OpenAI to provide ChatGPT Work to its entire global workforce of approximately 30,000 employees, extending an initial pilot as the ride-hailing company explores how generative artificial intelligence can improve productivity across its operations. The expansion marks a significant increase from the 1,000 employees who participated in Uber’s initial trial […] The post Uber Expands OpenAI Partnership to Give 30,000 Employees Access to ChatGPT Work appeared first on Tekedia.

OpenAI’s internal AI safety monitoring system contained vulnerabilities that could have allowed AI agents to conceal hundreds of recent actions from oversight, according to an independent pilot review by nonprofit evaluators METR and Redwood Research, raising questions about existing safeguards’ ability to reliably track autonomous AI systems. The findings emerged from a three-week exercise designed […] The post OpenAI Safety Review Finds Vulnerabilities That Could Hide Hundreds of AI Agent Actions appeared first on Tekedia.

Palantir has sought to reassure European governments that its military artificial intelligence software cannot be remotely disabled by the company or the US government, as concerns grow over Europe’s reliance on American defense technology following disruptions to Ukraine’s Starlink services. Louis Mosley, Palantir’s executive vice president for the UK and Europe, told Reuters on Wednesday […] The post Palantir Assures Europe Its NATO AI System Has No Kill Switch Amid Fears of US Tech Dependence appeared first on Tekedia.

China’s benchmark CSI 300 index has entered bear-market territory, falling 20% from its June peak as persistent selling pressure exposes deeper concerns about corporate profitability, domestic demand and investor confidence in the world’s second-largest economy. The index, which tracks 300 of the largest companies listed in Shanghai and Shenzhen, has declined for 10 consecutive weeks […] The post China’s CSI 300 Enters Bear Market as Weak Profits and Investor Pessimism Deepen Sell-Off appeared first on Tekedia.

Saudi Arabia and state-owned oil giant Aramco are seeking partnerships with other countries to expand strategic oil stockpiles as the kingdom anticipates a significant increase in demand following the Iran war, highlighting efforts to strengthen supply security after months of disruption to its oil production. Aramco Chief Executive Amin Nasser told Al Arabiya Business TV […] The post Saudi Aramco Seeks International Partners to Expand Strategic Oil Reserves After Iran War appeared first on Tekedia.

Tesla has cut its 2026 capital expenditure forecast by about 20% after spending significantly less than Wall Street expected in the third quarter, generating an unexpected free cash flow surplus that has strengthened its balance sheet but raised questions about the pace of investment in artificial intelligence, robotaxis and humanoid robots. The electric vehicle maker […] The post Tesla Cuts 2026 Capex Forecast by $5bn as Cash Flow Beat Raises AI Investment Concerns appeared first on Tekedia.

Tesla plans to begin selling its driverless Cybercab vehicles to the public by the end of 2026, setting a new milestone for Chief Executive Elon Musk’s ambition to transform the electric-vehicle maker into an artificial intelligence and robotics company. The timeline, however, faces uncertainty as US regulators examine whether the vehicles comply with federal safety […] The post Tesla Targets Public Cybercab Sales by Year-End as US Safety Probe Raises Regulatory Questions appeared first on Tekedia.

Swedish private-equity firm EQT has agreed to acquire molecular diagnostics company Qiagen for approximately €9.6 billion ($10.78 billion), bringing an end to years of takeover speculation surrounding the Dutch healthcare technology group and highlighting growing investor interest in businesses serving the molecular testing market. EQT is offering €46.50 per share, representing an 8.6% premium to […] The post EQT Agrees to Buy Qiagen for €9.6 Billion, Ending Years of Takeover Speculation appeared first on Tekedia.

One product launch keeps you busy—add five, ten, or twenty SKUs and the entire plan can skid off track. Packaging and labeling errors are a common cause of launch delays, draining teams of cash through rework and delays. Every extra variant multiplies files, barcodes, forecasts, and approvals; a single mismatch can jam lines, reroute pallets, […] The post Product Launch Packaging Checklist for a Multi-SKU Retail Launch appeared first on Tekedia.

Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond A transformative shift is underway across East Africa’s tech landscape. In a landmark five-year strategic agreement announced… How Mastercard and MoovnPay could Rewrite Digital Payments in Kenya and Tanzania Felix Omondi