Naija News Feed
Technology
Bitcoin May Struggle to Recover Even as AI Stocks Rebound, Bitunix Research Warns
Bitcoin could face a difficult recovery even if technology stocks regain momentum, according to new research from cryptocurrency exchange Bitunix. The analysis suggests that the relationship between digital assets and traditional financial markets is becoming more complicated, with several independent factors now influencing Bitcoin’s price performance. Although a rebound in artificial intelligence stocks could improve […] The post Bitcoin May Struggle to Recover Even as AI Stocks Rebound, Bitunix Research Warns appeared first on Tekedia.
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Anthropic Opens Australian Retail IPO Ahead of $90.4 Billion Nasdaq Offering
Anthropic has opened its Australian retail initial public offering, giving individual investors in the country an opportunity to buy shares in the maker of Claude ahead of its planned Nasdaq listing. The offer opened at 10 a.m. Australian Eastern Daylight Time on Wednesday and is scheduled to close at 5 p.m. on November 17, according […] The post Anthropic Opens Australian Retail IPO Ahead of $90.4 Billion Nasdaq Offering appeared first on Tekedia.
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Formation Moves to Launch First Tokenized Securities Venue on Solana
The race to bring traditional financial markets onto blockchain infrastructure is gaining momentum as Formation notifies the United States Securities and Exchange Commission of its intention to operate what it describes as the first tokenized securities trading venue on the Solana blockchain. The development represents another significant step toward integrating traditional financial assets with decentralized […] The post Formation Moves to Launch First Tokenized Securities Venue on Solana appeared first on Tekedia.
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Crypto Adoption Grows as Telegram and Charles Schwab Expand Digital Asset Access
The cryptocurrency industry is witnessing another significant step toward mainstream adoption as Telegram’s TON blockchain experiences a surge in self-custodial wallet creation while Charles Schwab expands its cryptocurrency trading services to include Solana, Avalanche and Chainlink. These developments highlight two important trends shaping the digital asset market: the growing demand for accessible blockchain infrastructure and […] The post Crypto Adoption Grows as Telegram and Charles Schwab Expand Digital Asset Access appeared first on Tekedia.
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Meta Launches Muse Ember as Nvidia-Backed Fireworks AI Faces Another Security Breach
The artificial intelligence industry is witnessing two developments that highlight the growing competition in AI model development and the security challenges facing companies building the infrastructure behind the technology. Meta has introduced Muse Ember, its smallest reasoning model, with an aggressively low pricing structure, while Nvidia-backed Fireworks AI has disclosed another security incident that exposed […] The post Meta Launches Muse Ember as Nvidia-Backed Fireworks AI Faces Another Security Breach appeared first on Tekedia.
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Goldman Sachs CEO Dismisses Key-Man Fears as Nasdaq Rebounds Nearly 3%, Putting CoreWeave in Focus
Concerns about leadership concentration in the technology and artificial intelligence industries are facing renewed scrutiny, but Goldman Sachs Chief Executive Officer David Solomon believes investors may be exaggerating the risks. His comments come as US stocks staged a significant recovery on Monday, with the Nasdaq Composite closing nearly 3% higher after a period of market […] The post Goldman Sachs CEO Dismisses Key-Man Fears as Nasdaq Rebounds Nearly 3%, Putting CoreWeave in Focus appeared first on Tekedia.
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Fed Governor Christopher Waller Signals December Rate Hike, Remains Open to Half-Point Increase
Federal Reserve Governor Christopher Waller has signaled that another interest rate increase in December is likely, while indicating that he would remain open to a larger half-percentage-point adjustment if economic conditions warrant more aggressive action. His comments highlight the growing uncertainty surrounding the Federal Reserve’s monetary policy direction as policymakers continue to assess inflation, employment […] The post Fed Governor Christopher Waller Signals December Rate Hike, Remains Open to Half-Point Increase appeared first on Tekedia.
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OpenAI Acquires AI Travel Startup Odessia in Move to Expand ChatGPT’s Travel Capabilities
OpenAI has acquired AI travel startup Odessia, bringing its founder, Francis Davidson, into the company as the artificial intelligence developer explores ways to make ChatGPT more useful for travel planning. Davidson announced the deal in a post, saying he had joined OpenAI to help shape the future of travel. Financial terms were not disclosed, and […] The post OpenAI Acquires AI Travel Startup Odessia in Move to Expand ChatGPT’s Travel Capabilities appeared first on Tekedia.
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SpaceX Plans a $24B AI Supercomputer and Gas-fired Power Plant in Starbase
SpaceX is reportedly planning a massive $24 billion artificial intelligence infrastructure project in Starbase, Texas, involving the construction of a powerful AI supercomputer and a gas-fired power plant to supply the enormous energy requirements of its expanding technology operations. The proposed development highlights Elon Musk’s growing ambitions to position SpaceX as a major player in […] The post SpaceX Plans a $24B AI Supercomputer and Gas-fired Power Plant in Starbase appeared first on Tekedia.
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IBM Ends US Visa and Green Card Sponsorship for Most Consulting Roles
IBM is ending visa and green card sponsorship for the majority of positions within its US consulting business, a shift that could affect foreign professionals seeking to work permanently in the country as the Trump administration tightens restrictions on skilled-worker immigration. The decision covers IBM Consulting, which employs more than 150,000 people globally, and comes […] The post IBM Ends US Visa and Green Card Sponsorship for Most Consulting Roles appeared first on Tekedia.
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Microsoft Overtakes Nvidia as World’s Second Most Valuable Company
Microsoft has claimed the position of the world’s second-most valuable company by market capitalization, edging past Nvidia in a closely watched contest among technology giants. At the moment of the crossover, Microsoft’s market value stood at approximately $4.035 trillion while Nvidia’s sat at $4.032 trillion. However, Microsoft did not overtake Nvidia because its shares experienced […] The post Microsoft Overtakes Nvidia as World’s Second Most Valuable Company appeared first on Tekedia.
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Elizabeth Warren Sets Sights on Trump Family’s Crypto Businesses Ahead of Senate Banking Leadership
American Senator Elizabeth Warren is preparing to make oversight of crypto ventures linked to President Donald Trump’s family an early focus once she assumes the chair of the Senate Banking Committee in January. An aide to the Massachusetts Democrat said Trump’s family’s crypto businesses rank among the entities that should preserve documents and prepare for […] The post Elizabeth Warren Sets Sights on Trump Family’s Crypto Businesses Ahead of Senate Banking Leadership appeared first on Tekedia.
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Lumepay discloses $6 million pre-seed as it takes cross-border payments into Kenya
Cape Town fintech Lumepay has disclosed a $6 million pre-seed round to fund its cross-border payments business. Founder-led angels and South African fintech investors put up the money at the start of 2026, and the company has not identified a lead. A further $10 million or so sits in a capital float, which Lumepay uses […] The post Lumepay discloses $6 million pre-seed as it takes cross-border payments into Kenya appeared first on Tech In Africa.
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Why Melas Beauty Is Building a Beauty Store for the African and Caribbean Diaspora in the UK
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Can a Digital Trading History Help Nigerian Farmers Get Financing? FCMB and Mastercard Bet on AgroPass
Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond A farmer can buy seeds, harvest crops, and sell produce season after season—and still struggle to show… Can a Digital Trading History Help Nigerian Farmers Get Financing? FCMB and Mastercard Bet on AgroPass Innov8tiv.com
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Trump Says FBI Investigating Jensen Huang Allegations as Nvidia’s China Business Faces Greater Scrutiny
US President Donald Trump has confirmed that the FBI is investigating allegations involving Nvidia Chief Executive Jensen Huang and a Chinese businesswoman suspected of working for Beijing, adding a new dimension to a controversy that could complicate the chipmaker’s efforts to maintain access to China. Trump said on Monday that he had spoken with Huang, […] The post Trump Says FBI Investigating Jensen Huang Allegations as Nvidia’s China Business Faces Greater Scrutiny appeared first on Tekedia.
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Rex Africa Wants to Help Nigerians Understand Their Spending. Can Its AI Bank Help Them Save More?
Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond Receiving money, paying essential bills, and reaching the next payday with almost nothing left in the account… Rex Africa Wants to Help Nigerians Understand Their Spending. Can Its AI Bank Help Them Save More? Innov8tiv.com
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Jensen Huang Scandal Threatens Nvidia’s China Ambitions as Alleged $7.5bn Chip Network Draws US Scrutiny
Nvidia’s China business is facing a new threat from an unexpected source: allegations surrounding its chief executive, Jensen Huang, and a Chinese businesswoman suspected by US intelligence officials of working for Beijing. What initially appeared to be a personal scandal has developed into a potentially serious commercial and regulatory problem, raising questions about how advanced […] The post Jensen Huang Scandal Threatens Nvidia’s China Ambitions as Alleged $7.5bn Chip Network Draws US Scrutiny appeared first on Tekedia.
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US Credit Card Debt Hits Record $1.29tn as Inflation and High Interest Rates Squeeze Households
American households are relying increasingly on credit cards to cover everyday expenses as persistent inflation and elevated borrowing costs put pressure on household budgets, with outstanding balances reaching a record $1.29 trillion in the third quarter. Credit card debt increased by $22 billion between July and September, bringing the total balance to its highest level […] The post US Credit Card Debt Hits Record $1.29tn as Inflation and High Interest Rates Squeeze Households appeared first on Tekedia.
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Binance Faces Growing Security and Regulatory Pressure as Crypto Risks Mount
The cryptocurrency industry is facing renewed scrutiny as regulatory enforcement, cybersecurity vulnerabilities and sophisticated money laundering schemes expose the risks surrounding digital asset platforms. Recent developments involving Binance, MEXC, Trump Media and North Korean hackers highlight how financial crime and security concerns continue to shape the global crypto market. One significant development is Binance’s decision […] The post Binance Faces Growing Security and Regulatory Pressure as Crypto Risks Mount appeared first on Tekedia.
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Anthropic targets up to $90bn in IPO, with fully diluted valuation reaching $1.4tn
Anthropic has set a price range for its planned initial public offering that could value the artificial intelligence company at more than $1 trillion, as the developer of Claude seeks to raise as much as $90 billion through its public market debut and additional share purchases by existing investors. In a regulatory filing on Tuesday, […] The post Anthropic targets up to $90bn in IPO, with fully diluted valuation reaching $1.4tn appeared first on Tekedia.
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Google’s Pixel Tag costs $29.99. Here’s who should buy it instead of an AirTag
Google’s Pixel Tag costs $29.99. Here’s who should buy it instead of an AirTag Pixel Tag costs $29.99, or $99.99 for four. Here's which Android phones get its best features and how it compares to AirTag. TechCity
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Web app vs mobile app: a plain comparison from Empacer
Web app vs mobile app is a choice many owners make without noticing. One opens in a browser from an address; the other comes from an app store and lives on the phone as its own program. Both can reach the same account and look much alike on screen, so the differences show up in […] The post Web app vs mobile app: a plain comparison from Empacer appeared first on Tekedia.
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Saving for Shared Goals Without Losing Personal Priorities
Two people can agree that saving matters and still disagree about what comes first. One may want a holiday, while the other wants more financial breathing room. A shared savings plan works better when those differences are visible before money is committed. Describe the goal clearly Give each proposed goal a name, an estimated amount, […] The post Saving for Shared Goals Without Losing Personal Priorities appeared first on Tekedia.
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Nigeria’s Senate passed a bill to put the biggest fintechs under closer CBN watch. Here’s what it could change for your money app
Nigeria’s Senate passed a bill to put the biggest fintechs under closer CBN watch. Here’s what it could change for your money app The Senate fintech bill would let the CBN tag the biggest fintechs as systemically important. Here's what passed, what's next and what to do. TechCity
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Mobile Money at $2 Trillion: The Idle Account Problem
Mobile money took 20 years to reach $1 trillion in annual transactions. Four additional years were enough to double that amount. In 2025, more than $2 trillion of mobile money transactions were conducted all around the world, and Sub-Saharan Africa made two-thirds of that amount. The figures, provided in the GSMA’s recent industry report, verify […] The post Mobile Money at $2 Trillion: The Idle Account Problem appeared first on Tekedia.
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Google’s strongest Gemini model costs $99.99 a month to use in the Gemini app. Here’s who actually needs it
Google’s strongest Gemini model costs $99.99 a month to use in the Gemini app. Here’s who actually needs it Gemini 4 Carbon is out, but only Google AI Ultra subscribers get it in the Gemini app. Here's the yearly math and who should pay. TechCity
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Are You Ready to Build with ContiSX?
This picture is archived at the Johns Hopkins University Sheridan Libraries. It was a day my major PhD circuit worked, and the University Press was assembled to interview me. You see, I put on a suit! We quickly filed a patent. That patent has been licensed to the US Government for space applications. This year […] The post Are You Ready to Build with ContiSX? appeared first on Tekedia.
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Why Vodacom’s fastest-growing markets are outside South Africa
Vodacom is looking beyond South Africa for growth, with its controlling stake in Safaricom strengthening its position in mobile money and digital financial services across Africa.
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Dell’s Veterans Day discount ends Nov. 13. Here’s what Apple, Samsung and the phone carriers take off all year
Dell’s Veterans Day discount ends Nov. 13. Here’s what Apple, Samsung and the phone carriers take off all year Veterans Day tech discounts checked on official pages: Apple 10%, Dell up to 15% through Nov. 13, and why phone plan savings add up faster. TechCity
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Zimbabwe’s Pizza Inn owner buys out Kenya delivery arm for $664,000
Pizza Inn owner has bought out the minority shareholder in Kutuma Kenya, the delivery company for its fast-food chains.
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Beyond Sending Money Home: Can LemFi Help Africans Abroad Build Wealth?
Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond On payday in London, an African healthcare worker opens her phone to perform a monthly ritual: sending… Beyond Sending Money Home: Can LemFi Help Africans Abroad Build Wealth? Innov8tiv.com
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Nigeria’s active mobile subscriptions hit 200 million after NIN-SIM purge
The rebound, however, remains concentrated among two operators, with MTN and Airtel accounting for about 86% of active connections, leaving Globacom and T2 with a much smaller share of the market.
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From broken ramps to digital gateways: LearnArk’s mission to make tech truly accessible
When Adedolapo Oguntayo-Williams arrived at a conference hosted by one of Nigeria’s premier banks in 2024, she was pushing her daughter in a stroller. There was no ramp. If a multi-billion-naira financial institution could overlook something as fundamental as a wheelchair pathway, what chance did persons with disabilities have inside Africa’s digital economy? She stopped […]
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How venture capital funds handle performing assets when lifecycles expire
As venture capital funds age, managers face a critical challenge: performing companies with meaningful upside that no longer align with the fund's remaining life. However, navigating the residual portfolio paradox and create optionality before the clock runs out is possible.
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Your Customer Wants to Pay. Can Your Payment System Keep Up? Enza Raises $6 Million to Close the Gap
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