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Technology
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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Fed Faces New Rate Decision After U.S. Jobs Growth Slows Sharply
The Federal Reserve’s next policy decision is suddenly looking very different after a weak jobs report sharply reduced expectations for another interest-rate hike. Markets that had been pricing the probability of a rate increase at roughly 70% are now assigning just 17% odds, after data showed the U.S. economy added only 29,000 jobs. The shift […] The post Fed Faces New Rate Decision After U.S. Jobs Growth Slows Sharply appeared first on Tekedia.
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Intesa Sanpaolo Gains Ground in €35 Billion MPS Takeover as Delfin Backs Sweetened Offer
Italy’s biggest bank, Intesa Sanpaolo, has moved closer to taking control of Monte dei Paschi di Siena after Delfin, the family holding company owned by the Del Vecchio family, agreed to tender its 17.6% stake under Intesa’s improved €35 billion ($39 billion) offer. Delfin’s commitment removes a significant block of uncertainty around the proposed takeover […] The post Intesa Sanpaolo Gains Ground in €35 Billion MPS Takeover as Delfin Backs Sweetened Offer appeared first on Tekedia.
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IMF Waives El Salvador Bitcoin Breach, Unlocking $139 Million in Funding
The International Monetary Fund’s decision to release $139 million to El Salvador after waiving a breach related to the country’s Bitcoin purchase limits highlights the delicate balance between financial discipline and the political reality of cryptocurrency adoption. The disbursement comes under El Salvador’s IMF-supported economic program, where restrictions were designed to limit the government’s exposure […] The post IMF Waives El Salvador Bitcoin Breach, Unlocking $139 Million in Funding appeared first on Tekedia.
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Glovo names Reni Onafeko as new Nigeria country managing director
Her appointment comes as Glovo continues to expand in Nigeria, which it says closed 2025 as its fastest-growing market globally.
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The Future of Bitcoin ETFs, Leveraged Funds, Tokenized Stocks and Next Era of U.S. Crypto Regulation
The global cryptocurrency market is moving deeper into the traditional financial system as regulators clear new investment products and major exchanges seek permission to bring tokenized equities to U.S. investors. The U.S. Securities and Exchange Commission’s clearance for Cboe BZX to list Volatility Shares’ 3x Bitcoin and 3x Ether funds, and OKX’s filing with the […] The post The Future of Bitcoin ETFs, Leveraged Funds, Tokenized Stocks and Next Era of U.S. Crypto Regulation appeared first on Tekedia.
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Elon Musk Regains Trillionaire Status as SpaceX Stock Surges
Elon Musk has once again crossed the $1 trillion net worth threshold, reclaiming his status as the world’s first and only trillionaire after shares of SpaceX jumped more than 5% on Monday. According to Forbes estimates, the Tesla and SpaceX chief’s fortune reached approximately $1 trillion to $1.024 trillion, rising by more than $30 billion […] The post Elon Musk Regains Trillionaire Status as SpaceX Stock Surges appeared first on Tekedia.
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Japan’s Reflationist Shift Comes Under Pressure as Former BOJ Policymaker Calls for End to Big Spending
Japan no longer needs the aggressive fiscal stimulus and ultra-loose monetary policy that once defined its economic strategy, according to former Bank of Japan board member Asahi Noguchi, who expects the central bank to raise interest rates again in December. Noguchi’s stance marks a significant shift in thinking from an economist who spent years advocating […] The post Japan’s Reflationist Shift Comes Under Pressure as Former BOJ Policymaker Calls for End to Big Spending appeared first on Tekedia.
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RBI Faces Pressure to Resume Rate Hikes as Inflation Broadens and Global Policy Turns Hawkish
Investors are increasingly betting that the Reserve Bank of India will raise interest rates this week, warning that the central bank risks falling behind the curve as inflation accelerates, economic growth remains resilient, and major global central banks move toward tighter monetary policy. Nearly 60% of economists polled by Reuters, or 35 of 61 respondents, […] The post RBI Faces Pressure to Resume Rate Hikes as Inflation Broadens and Global Policy Turns Hawkish appeared first on Tekedia.
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Huawei Signs Broad Multi-Year Patent Deal With Qualcomm Covering AI, 5G and Computing
China’s Huawei Technologies has agreed to a broad multi-year patent licensing deal with Qualcomm covering artificial intelligence, 5G, computing and networking technologies, expanding an intellectual-property relationship between two technology companies that have operated under complicated geopolitical and competitive pressures. Huawei said on Monday that the agreement includes Qualcomm’s purchase of certain Huawei US patents related […] The post Huawei Signs Broad Multi-Year Patent Deal With Qualcomm Covering AI, 5G and Computing appeared first on Tekedia.
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Stanbic IBTC PMI Shows Stronger Nigerian Economic Growth
Nigeria’s private-sector economy showed a stronger pace of expansion in September, according to the latest Stanbic IBTC Purchasing Managers’ Index (PMI). The index rose to 56.4 in September from 54.3 in August, reaching its highest level since February 2022. The result points to improving business conditions and suggests that economic activity is gaining momentum despite […] The post Stanbic IBTC PMI Shows Stronger Nigerian Economic Growth appeared first on Tekedia.
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Rising Debt Could Make Central Banks’ Next Crisis Response More Difficult, BIS Chief Warns
Central banks will remain the first line of defense when the next financial crisis hits, but soaring public debt, large fiscal deficits and the growing influence of non-bank financial institutions could make their interventions more difficult and politically contentious, the head of the Bank for International Settlements said Monday. Pablo Hernández de Cos, speaking in […] The post Rising Debt Could Make Central Banks’ Next Crisis Response More Difficult, BIS Chief Warns appeared first on Tekedia.
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Crypto accelerator Alliance invests $500,000 in Kenyan fintech Cloud9
The investment comes two months after Cloud9 acquired social commerce platform Chpter in an undisclosed all-stock deal, its second acquisition in three months.
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Where a link comes from: auditing the route to an entry page
An entry page is the least interesting screen on any gambling site and the one that causes the most trouble. It is also the screen most often copied, because a login form is trivial to reproduce and expensive to fall for. Checking the route once is cheaper than sorting out an account afterwards. The entry […] The post Where a link comes from: auditing the route to an entry page appeared first on Tekedia.
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The biggest AI security risk may already be inside your company
The corporate security perimeter now extends beyond networks and devices to employees and the AI tools they use. 
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Why Airtel Money’s $7bn IPO doesn’t include its Nigerian fintech business
When Airtel Money lists on the London Stock Exchange later this month, it will do so without its struggling Nigerian fintech business. A Central Bank of Nigeria (CBN) directive required the mobile money business to transfer its 25% stake in SmartCash, the vehicle through which Airtel operates its Nigerian fintech business, back to Airtel Networks Limited, its Nigerian telecom subsidiary, according to Airtel Money’s IPO prospectus. 
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Capitec Limited Name Change: What It Means for SA’s Banking Future
South Africa’s largest bank by customer numbers has a new name. Capitec Bank Holdings Limited officially became Capitec Limited on 1 August 2026. Shareholders approved the change at the Annual General Meeting on 31 July. The South African Reserve Bank’s Prudential Authority gazetted the change on 2 October 2026. All figures in this article are […]
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Sam Altman Says AI Benefits Justify Accepting Some Risks as OpenAI and Anthropic Split on Regulation
OpenAI Chief Executive Sam Altman said the benefits of artificial intelligence justify accepting some level of harm from the technology, drawing a sharper distinction between his company and rival Anthropic over how governments should regulate increasingly capable AI systems. Altman argued that AI should remain broadly accessible rather than being concentrated under the control of […] The post Sam Altman Says AI Benefits Justify Accepting Some Risks as OpenAI and Anthropic Split on Regulation appeared first on Tekedia.
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Bitcoin and Hyperliquid Lead New Wave of Crypto Market Growth
Bitcoin has reclaimed the $86,000 level as renewed demand for U.S. spot Bitcoin exchange-traded funds (ETFs) provided fresh support for the world’s largest cryptocurrency. The latest market activity highlights a broader shift in digital-asset sentiment, with investors showing stronger interest in Bitcoin even as Ethereum-related investment products continue to experience withdrawals. U.S. spot Bitcoin ETFs […] The post Bitcoin and Hyperliquid Lead New Wave of Crypto Market Growth appeared first on Tekedia.
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Persian Gulf Oil Exports and the Future of Global Energy Markets
The global oil market is facing a new period of uncertainty as crude exports from the Persian Gulf have climbed above 14 million barrels per day for the first time since the Iran War began. On the surface, the increase suggests that major producers are successfully maintaining supplies despite the conflict. However, warnings from Saudi […] The post Persian Gulf Oil Exports and the Future of Global Energy Markets appeared first on Tekedia.
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Oktoberfest Sets New Visitor Record as Munich Welcomes 7.4 Million Guests
Munich’s Oktoberfest has once again demonstrated its extraordinary global appeal, attracting a record 7.4 million visitors this year, according to the city. The latest figure surpasses the previous record of 7.2 million visitors set in 2023, highlighting the enduring popularity of one of the world’s most famous festivals. Held annually in Munich, Germany, Oktoberfest has […] The post Oktoberfest Sets New Visitor Record as Munich Welcomes 7.4 Million Guests appeared first on Tekedia.
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AI Breakthroughs and the Importance of Human Ingenuity
Another day brings another reminder of just how quickly artificial intelligence is expanding the boundaries of what machines can accomplish. OpenAI announced that it had solved one of the seven Millennium Prize Problems. While Google DeepMind’s new AlphaGenome Atlas reportedly predicted the biological effects of all 9 billion possible single-letter changes in the human genome. […] The post AI Breakthroughs and the Importance of Human Ingenuity appeared first on Tekedia.
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Goldman Sachs Warns Fiscal Deficits and Weak Growth Are Driving Global Borrowing Costs Higher
Goldman Sachs International co-CEO Anthony Gutman has called for a more stable policy environment, lower government spending and stronger economic growth to contain rising borrowing costs across major Western economies, warning that elevated government bond yields are becoming a growing constraint for policymakers and businesses. Speaking to CNBC’s “Squawk Box Europe” on Monday, Gutman said […] The post Goldman Sachs Warns Fiscal Deficits and Weak Growth Are Driving Global Borrowing Costs Higher appeared first on Tekedia.
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Nigeria’s global hiring push must create jobs, not just train workers
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Leatherback rebrands as Foren three months after Zedcrest acquisition
UK-founded cross-border payments startup Leatherback is now called Foren. The rebrand comes three months after Nigerian financial services group Zedcrest Group acquired the company in July 2026, and Foren announced it in a blog post on 5 October. The company says the new name closes out two years of work inside the business. In that […] The post Leatherback rebrands as Foren three months after Zedcrest acquisition appeared first on Tech In Africa.
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Saviu Ventures makes first climate tech bet with $1.36 million round in Senegal’s SORAM Afrique
Saviu Ventures, an investor with offices in Paris and Nairobi, has backed Senegalese industrial company SORAM Afrique in a $1.36 million round. SORAM’s management team also put money into the round. The cheque came from Saviu II, the firm’s second fund, and it’s the first climate tech deal Saviu has done. SORAM Afrique was founded […] The post Saviu Ventures makes first climate tech bet with $1.36 million round in Senegal’s SORAM Afrique appeared first on Tech In Africa.
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A New Tekedia Capital Investment Cycle Begins for H2 2026. Join To Co-invest
The new Tekedia Capital investment cycle has begun, featuring 20 global startups across chemicals, satellite systems, nuclear energy, artificial intelligence, space technology, insurance, biotechnology and more domains.   Join our investment community and co-own innovating startups building the future: capital.tekedia.com/course/fee   In the last four months, we exited to OpenAI (Tensorpool), Vercel (Better Auth), Baseten […] The post A New Tekedia Capital Investment Cycle Begins for H2 2026. Join To Co-invest appeared first on Tekedia.
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