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Tech News for Tuesday, October 6, 2026

68 stories from 38 outlets. Times show when each story first broke, in UTC.

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Gadgets 13

Business 9

Tarek El-Tablawy · Bloomberg Technology

MNT-Halan plans $150 million IPO, Egypt's biggest since 2021

Egyptian fintech unicorn MNT-Halan seeks to raise $150 million in an IPO, the largest dollar-denominated offering in Egypt in about five years. The company aims to list on the Egyptian Exchange.

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Kentaro Tsutsumi and Takashi Mochizuki · Bloomberg Technology

Seagate and Toshiba compete to acquire TDK's hard-drive head business amid AI storage demand

Seagate Technology and Toshiba are competing to acquire TDK Corp.'s magnetic-heads business for hard-disk drives, as both seek to meet growing demand for AI data-center storage. The deal would help the rivals secure critical components for high-capacity HDDs used in cloud and enterprise environments.

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Big Tech 7

Ryan Vlastelica and Carmen Reinicke · Bloomberg Technology2 sources

Nvidia nears $6 trillion market cap as chip stocks rally

Nvidia is approaching a $6 trillion market capitalization as investors return to the AI chipmaker and chip stocks rally broadly. The rebound follows a disappointing start to the year and is fueled by renewed AI demand.

Also covered by Quartz

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Jagmeet Singh · TechCrunch

Facebook tests Reels-first feed in India

Meta is testing a new Facebook UX in India that sends some users directly into full-screen video, putting Reels front and center.

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Startups 7

AI 5

Security 4

Emma Roth · The Verge

Trump Mobile breach may expose data of more than 3,600 people

Trump Mobile appears to have suffered a data breach exposing names, home addresses, emails, phone numbers, and order information for 3,615 people. The incident was first reported by PCMag and Straight Arrow News.

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Science 2

Everything else 16

Rthvika Suvarna · Bloomberg Technology

JPMorgan Tops Global AI Banking Index for Fifth Straight Year

JPMorgan Chase & Co. held its spot as the world’s most advanced bank in artificial intelligence for a fifth straight year, widening its lead over rivals in an annual ranking that shows AI deployment across the industry is accelerating at a record pace.

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