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Technology
South Africa needs to build tech companies big enough to create their own exits
TechCabal -
PiggyVest helped Nigerians save. Then it built an ecosystem.
The hurdles PiggyVest had to scale to pay out $2.3 billion to its customers since it started a decade ago.
TechCabal -
Green ID Books Stop Being Valid on 31 March 2028 as Smart ID Moves into Bank Branches
South Africa’s green ID book now has an end date. From 31 March 2028, the booklet will no longer count as a valid identity document. Home Affairs Minister Leon Schreiber announced the deadline on 1 October 2026. He also showed a working digital ID prototype on his own phone. Fees in this article are quoted […]
IT News Africa -
Why AI’s Data Center Expansion Is Becoming a Community Problem
The artificial intelligence boom is entering a new phase, and the biggest challenge may no longer be finding enough computing power. Instead, it may be finding enough places where that computing power can be built. Across Australia, Europe and Asia, communities are increasingly pushing back against the construction of massive AI data centers, raising questions […] The post Why AI’s Data Center Expansion Is Becoming a Community Problem appeared first on Tekedia.
Tekedia -
What the Weak September Jobs Report Means for Stocks, Bonds and Oil
Japan’s stock market began the week on a strong note, with the Nikkei rising about 2.5% as investors reacted positively to weaker-than-expected US employment data. The rally reflected growing expectations that the Federal Reserve may delay another interest-rate increase, giving investors some relief at a time when borrowing costs and energy prices remain elevated. The […] The post What the Weak September Jobs Report Means for Stocks, Bonds and Oil appeared first on Tekedia.
Tekedia -
African Start-ups Shift Toward Equity as 2026 Funding Reaches $2.16bn
African start-ups raised $2.16 billion in the first nine months of 2026, excluding exits, marking a 4% decline from the $2.24 billion raised during the same period in 2025. Despite the modest year-on-year decline, the headline figure masks a significant shift in how African start-ups are being financed. According to a report by Africa: The […] The post African Start-ups Shift Toward Equity as 2026 Funding Reaches $2.16bn appeared first on Tekedia.
Tekedia -
OpenAI Expands ChatGPT Ads to Visual Displays that Will Appear Alongside Images
OpenAI is expanding its advertising business beyond text-based placements, introducing visual display ads that will appear alongside images generated by ChatGPT as the company looks to turn its growing user base into a larger advertising market. The new ads are expected to begin appearing later this month in the US, initially involving a limited group […] The post OpenAI Expands ChatGPT Ads to Visual Displays that Will Appear Alongside Images appeared first on Tekedia.
Tekedia -
DayOne Data Centers Files for US IPO As Rising Yields Test Investor Appetite
Singapore-based data center operator DayOne Data Centers has filed for an initial public offering in the United States, seeking to tap investor demand for AI and cloud infrastructure at a time when higher bond yields and elevated interest rates are making the IPO market more difficult. The company disclosed a net loss of $77.2 million […] The post DayOne Data Centers Files for US IPO As Rising Yields Test Investor Appetite appeared first on Tekedia.
Tekedia -
Intel Shares Fall as Musk Hints at Potential TSMC Partnership for Terafab
Intel shares fell at the start of the week after Elon Musk confirmed that Taiwan Semiconductor Manufacturing Co. is in discussions to participate in Terafab, his planned semiconductor manufacturing project, raising fresh questions about how much of the venture’s production and technology work will ultimately go to Intel. Intel dropped as much as 3% to […] The post Intel Shares Fall as Musk Hints at Potential TSMC Partnership for Terafab appeared first on Tekedia.
Tekedia -
Can code save onshore oil? Inside Heirs Energies’ $1.1 billion operational experiment
Heirs Energies combined real-time monitoring with security upgrades and field investment to revive OML 17, an oil asset plagued by theft and ageing infrastructure. Its recovery shows how technology can help restore production—and why secure pipelines and reliable operations still matter.
TechCabal -
Oppo F35: What to know about the new budget phone
Oppo launched the Oppo F35 in India on October 5, 2026, with sales starting on October 11.
TechCabal -
Ways to Know Your Customer Solutions Streamline Onboarding
Client onboarding slows when teams collect identical information in separate systems, repeat checks, and resolve unclear ownership manually. A structured Know Your Customer process removes these delays by connecting data collection, identity verification, risk assessment, and approval steps. A closer look at common KYC methods shows where the biggest improvements happen. A Know Your Customer […] The post Ways to Know Your Customer Solutions Streamline Onboarding appeared first on Tekedia.
Tekedia -
 
 
My Blog Recent Posts Not Listed in Rank Math Sitemap XML? Here’s How I Fixed It
I recently noticed something unusual on my blog: some of my blog recent posts were not listed in the Rank Math sitemap XML. At first, I found it confusing because the posts had already been published and were accessible normally on the blog. However, when I checked the sitemap generated by Rank Math SEO plugin […]
OgbongeBlog -
👨🏿‍🚀TechCabal Daily – Banks want their crypto cake
TechCabal -
What prediction markets must fix to remove the “gambling” label
TechCabal -
World Bank Raises East Asia Growth Forecast on AI Boom, Warns of Sharp Downside Risk
The World Bank has raised its growth forecast for East Asia and the Pacific, driven by a surge in artificial intelligence-related exports, but warned that the region’s increasing dependence on the AI investment cycle leaves it exposed to a potentially painful global technology spending reversal. The region’s economy is now expected to expand 4.5% in […] The post World Bank Raises East Asia Growth Forecast on AI Boom, Warns of Sharp Downside Risk appeared first on Tekedia.
Tekedia -
Nvidia-Backed Reflection AI Launches Beam Model to Challenge China’s Low-Cost AI Rivals
Nvidia-backed AI startup Reflection AI has launched its first open-weight artificial intelligence model, Beam, as the company seeks to compete with more capable and lower-cost Chinese models in software development and agentic AI. Reflection said Monday that Beam is designed to perform coding and agentic tasks at a level comparable to leading Chinese open-weight models, […] The post Nvidia-Backed Reflection AI Launches Beam Model to Challenge China’s Low-Cost AI Rivals appeared first on Tekedia.
Tekedia -
Gold Holds Above $4,100 as Fed Rate Bets Ease but High Treasury Yields Limit Gains: Oil Falls, Dollar Strengthens
Gold prices edged higher on Tuesday as markets scaled back expectations for a Federal Reserve interest-rate increase this month, offering some relief to bullion even as a firm U.S. dollar and elevated Treasury yields continued to limit demand. Spot gold rose 0.3% to $4,152.04 an ounce by 0909 GMT, while U.S. gold futures for December […] The post Gold Holds Above $4,100 as Fed Rate Bets Ease but High Treasury Yields Limit Gains: Oil Falls, Dollar Strengthens appeared first on Tekedia.
Tekedia -
Bitcoin Fear & Greed Index Surges to 73 as Market Sentiment Turns to Greed
The Bitcoin Fear & Greed Index has risen to 73, placing the cryptocurrency market firmly in “Greed” territory, according to the data. The widely followed gauge, which measures overall investor sentiment, has climbed in recent sessions as prices stabilize and optimism returns to the market. Bitcoin currently trades near $85,700–$86,000. While this represents a recovery […] The post Bitcoin Fear & Greed Index Surges to 73 as Market Sentiment Turns to Greed appeared first on Tekedia.
Tekedia -
The Best VPNs of 2026 Honestly Compared
The Best VPNs of 2026 Honestly Compared A VPN is one of those products that sounds more complicated than it really is. You install an app, choose a location and connect. Your internet traffic is routed through the VPN’s servers, hiding your real IP address from the websites you visit and encrypting the connection between your device and the VPN server. That […] TechCity
Tech City NG -
The Best Antivirus Software of 2026: Do You Even Need It?
The Best Antivirus Software of 2026: Do You Even Need It? Antivirus software used to be one of the first things you installed on a new computer. In 2026, that advice feels increasingly outdated. Windows 11 already comes with Microsoft Defender Antivirus running in the background. Macs have several layers of built-in malware protection. Android phones have Google Play Protect scanning apps and devices. Modern operating […] TechCity
Tech City NG -
OpenAI to Add Invisible Watermarks to ChatGPT Text in EU Under AI Act Rules
OpenAI will begin adding invisible watermarks to text generated by ChatGPT and Codex for users in the European Union, bringing the company’s text-generation products under a new layer of AI-content transparency requirements introduced by the EU AI Act. The company said Monday that the watermarking system will be rolled out over the coming weeks to […] The post OpenAI to Add Invisible Watermarks to ChatGPT Text in EU Under AI Act Rules appeared first on Tekedia.
Tekedia -
European Stocks Rise as Bond Pressure Eases, Earnings Optimism Lifts Global Markets
European stocks advanced on Tuesday, extending a broader global equity rally as investors became more optimistic ahead of the third-quarter earnings season, while a retreat in long-dated bond yields and lower oil prices helped ease concerns following last week’s sharp fixed-income selloff. The pan-European STOXX 600 rose 1%, marking its third consecutive session of gains. […] The post European Stocks Rise as Bond Pressure Eases, Earnings Optimism Lifts Global Markets appeared first on Tekedia.
Tekedia -
Diesel Prices May Stay Elevated Through 2027 as Refinery Constraints Meet Rebuilding Demand – Goldman Sachs
Diesel prices may need to remain elevated through 2027 to prevent a recovery in fuel consumption from overwhelming a strained global refining system, Goldman Sachs said, highlighting the prospect of another year of tight refined-product markets even if crude oil prices stabilize. The investment bank expects global diesel and jet-fuel crack spreads, which measure the […] The post Diesel Prices May Stay Elevated Through 2027 as Refinery Constraints Meet Rebuilding Demand – Goldman Sachs appeared first on Tekedia.
Tekedia -
 
 
South Korea Plans $3.5bn Frontier AI Programme to Challenge Global Leaders
South Korea plans to launch a 4.7 trillion won ($3.5 billion) government-backed programme to develop a frontier artificial intelligence model from March 2027, stepping up Seoul’s efforts to establish a stronger position in the global race for increasingly capable AI systems. The Ministry of Science and ICT said it plans to select a lead developer […] The post South Korea Plans $3.5bn Frontier AI Programme to Challenge Global Leaders appeared first on Tekedia.
Tekedia -
AI Agents Are Reviving AMD and Intel as CPUs Make a Comeback Against Nvidia
The rise of personal AI agents is creating an unexpected beneficiary in the artificial intelligence boom: the humble central processing unit. For much of the generative AI era, Nvidia’s graphics processing units have captured the attention, investment, and spending of the technology industry because of their ability to process the enormous volumes of computation required […] The post AI Agents Are Reviving AMD and Intel as CPUs Make a Comeback Against Nvidia appeared first on Tekedia.
Tekedia -
Philippine Fintech Firm Mynt Launches $844.3m IPO, Giving Users Direct Access to Shares
Philippine fintech firm Mynt has launched a 53 billion Philippine peso ($844.3 million) initial public offering, giving millions of GCash users the opportunity to buy shares in the company directly through the digital wallet’s ecosystem as it prepares for a landmark listing on the Philippine Stock Exchange. Mynt, the parent company of GCash, priced the […] The post Philippine Fintech Firm Mynt Launches $844.3m IPO, Giving Users Direct Access to Shares appeared first on Tekedia.
Tekedia -
UK Weighs Tariffs on Chinese EVs as Trade Tensions With EU Intensify
Britain is considering imposing higher tariffs on Chinese electric vehicle imports as ministers weigh how to protect the domestic automotive industry from growing Chinese competition while avoiding new barriers to trade with the European Union. Business Secretary Jonathan Reynolds is drawing up options for tariffs on Chinese-made electric vehicles amid concerns that heavily subsidized Chinese […] The post UK Weighs Tariffs on Chinese EVs as Trade Tensions With EU Intensify appeared first on Tekedia.
Tekedia -
Saudi Arabia Slashes November Oil Prices for Asia to Six-Year Low as Freight Costs Surge
Saudi Arabia unexpectedly cut the price of its flagship Arab Light crude for Asian buyers to a six-year low for November, taking a more aggressive approach to defending its position in the world’s largest oil-consuming region as extraordinary shipping costs continue to disrupt Middle East crude flows. Saudi Aramco set the November official selling price […] The post Saudi Arabia Slashes November Oil Prices for Asia to Six-Year Low as Freight Costs Surge appeared first on Tekedia.
Tekedia -
Google Nears $1bn Nuclear Power Deal With Constellation as AI Demand Drives Energy Race
Google parent Alphabet is nearing a multiyear agreement to purchase nuclear power from Constellation Energy in a deal worth at least $1 billion, as the technology industry turns increasingly to nuclear generation to secure reliable electricity for power-hungry artificial intelligence infrastructure. The agreement could be announced as soon as this week, Bloomberg News reported on […] The post Google Nears $1bn Nuclear Power Deal With Constellation as AI Demand Drives Energy Race appeared first on Tekedia.
Tekedia -
DNB to Cut 400 Jobs as AI Agents Reshape Norway’s Largest Bank
DNB, Norway’s largest bank, will lay off around 400 employees in its Technology & Services unit as the lender increases its use of AI agents and digital solutions, making the bank one of the latest financial institutions to reduce its workforce as artificial intelligence takes over tasks previously handled by employees. The cuts are part […] The post DNB to Cut 400 Jobs as AI Agents Reshape Norway’s Largest Bank appeared first on Tekedia.
Tekedia -
Instinct Puts AI Agents Inside Group Chats, Raising New Privacy and Permission Risks
Personal AI agents are moving beyond managing an individual’s inbox, errands, and shopping into a more complicated arena: the group chat. Instinct, the personal AI agent startup led by CEO Noah Shinn, said Monday that early-access users can now add the company’s agent to group conversations, allowing it to coordinate plans, manage logistics and take […] The post Instinct Puts AI Agents Inside Group Chats, Raising New Privacy and Permission Risks appeared first on Tekedia.
Tekedia -
Meta, TikTok and X Challenge Ofcom’s Data Demands Under UK Online Safety Law
Meta, TikTok and X are challenging Britain’s communications regulator Ofcom over the amount of information it is demanding from the social media companies, opening an important legal test of the powers underpinning the UK’s new online safety regime. The dispute is among the first challenges connected with the 2023 Online Safety Act, which imposes tougher […] The post Meta, TikTok and X Challenge Ofcom’s Data Demands Under UK Online Safety Law appeared first on Tekedia.
Tekedia -
Strategy Buys 334 Bitcoin For $28.7 Million as Holdings Reach Record 848,000 BTC
Strategy, the Bitcoin treasury company led by Michael Saylor, has acquired an additional 334 bitcoin for approximately $28.7 million. The purchases, made between September 28 and October 4, 2026, occurred at an average price of $85,838.80 per bitcoin, according to a Form 8-K filing with the U.S. Securities and Exchange Commission. The latest acquisition brings […] The post Strategy Buys 334 Bitcoin For $28.7 Million as Holdings Reach Record 848,000 BTC appeared first on Tekedia.
Tekedia -
SpaceX Surges 8% as Morgan Stanley Calls Stock Cheap, Shooting Musk Back to Trillionaire Status
SpaceX shares jumped almost 8% on Monday to their highest level since mid-June, extending a powerful rebound in the newly public company and pushing Elon Musk’s estimated wealth back above $1 trillion. The stock rose to $171.09 by the close after Morgan Stanley analysts described SpaceX as “cheap” at its current valuation and recommended investors […] The post SpaceX Surges 8% as Morgan Stanley Calls Stock Cheap, Shooting Musk Back to Trillionaire Status appeared first on Tekedia.
Tekedia -
NEAR Intents Attacker Returns $3.8M as Nvidia AI Chip Smuggling Case Raises Security Concerns
$3.8 million stolen in a crypto exploit has been returned. At the same time, authorities are investigating an alleged $300 million operation to smuggle Nvidia’s most powerful AI chips into China. As technology becomes more valuable, the battle to control, protect and profit from it is becoming more intense. In crypto, the latest development involving […] The post NEAR Intents Attacker Returns $3.8M as Nvidia AI Chip Smuggling Case Raises Security Concerns appeared first on Tekedia.
Tekedia -