| Dan Mangan / CNBC: |
President Trump says that the US will impose an extra 100% tariff on imports from China and “Export Controls on any and all critical software” from November 1 — - CNBC Councils — CNBC on Peacock — Join the CNBC Panel — Supply Chain Values — Ad Choices| Lily Hay Newman / Wired: |
Apple announces a “major evolution” of the Apple Security Bounty program, doubling its top award to $2M for exploit chains that could be abused for spyware — With the mercenary spyware industry booming, Apple VP Ivan Krstić tells WIRED that the company is also offering bonuses … | Laura Noonan / Bloomberg: |
In a report, the G20's Financial Stability Board says regulators are in the early stages of tracking risks posed to the financial system by AI's rapid adoption — Regulators are still at an “early stage” in their efforts to track the risks posed to the financial system by the rapid adoption … | Sharon Goldman / Fortune: |
Nathan Calvin, general counsel of AI safety nonprofit Encode, says OpenAI used intimidation tactics to undermine California's SB 53 while it was being debated — Nathan Calvin, the 29-year-old general counsel of Encode—a small AI policy nonprofit with just three full-time employees … | Lora Kolodny / CNBC: |
Leaked audio: Apple nears a deal to acquihire computer vision startup Prompt AI; it was approached by other potential suitors, including xAI and Neuralink — Apple is in late-stage talks to acquire top talent from computer vision startup Prompt AI, as well as the company's technology, CNBC has learned.| Michael J. de la Merced / New York Times: |
Kalshi raised a $300M+ Series D at a $5B valuation, expands to 140+ countries, and is on track for $50B in annualized trading volume, up from ~$300M in 2024 — The fund-raising round comes as online prediction marketplaces gain mainstream prominence. — Online prediction markets have jumped … | Reuters: |
Ten major banks including Bank of America, Goldman Sachs, Deutsche Bank, and UBS announce an early-stage project to explore issuing stablecoins to G7 currencies — - Group includes US, UK, Swiss, Japanese, Canadian lenders — Banks seeking to find their way as stablecoin demand grows| Athena Browning / Zag Daily: |
Filing: Lime's UK revenue rose 75% YoY to £111.3M in 2024, while its pre-tax profit fell to £1.71M, partly due to a £51.3M “reseller fee” paid to its US parent — Lime has reported a 75% jump in its UK revenue to £111.3 million in 2024 … | Moneycontrol: |
Prosus invests ~$146M in Indian travel app ixigo for a 10.1% stake; sources say Prosus plans to buy more shares from other investors to raise its stake to 15% — Peak XV Partners will sell about 3 percent to Prosus and Elevation Capital will sell another 2 percent to Prosus … | Luke James / Tom's Hardware: |
Amkor breaks ground on advanced chip packaging campus in Arizona, with production expected by early 2028; state officials say Amkor's investment could reach $7B — Amkor moves in next door to TSMC as CHIPS Act funding continues to turn the Phoenix metro area into a chips hub.| Harshita Swaminathan / Bloomberg: |
Indian IT giant TCS cut 19,755 jobs in the quarter ended September 30, as strained US relations and a rapid shift to AI reshape India's $280B IT services sector — Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing.| Hugh Son / CNBC: |
Sources: Morgan Stanley told its financial advisors it will broaden access to crypto investments to all clients and allow such investments in any account type — Morgan Stanley on Friday told its financial advisors that the firm was broadening access to crypto investments to all clients … | Brody Ford / Bloomberg: |
Sources: Microsoft's US data center crunch will last through H1 2026, longer than previously outlined, as the company restricts new Azure cloud subscriptions — Microsoft Corp.'s data-center crunch will continue for longer than the company has previously outlined, underscoring … | David Shepardson / Reuters: |
FCC Chair Brendan Carr says major US online retailers have removed several million listings for prohibited Chinese electronics as part of the agency's crackdown — - FCC says millions of listings for Chinese electronics on U.S. online retailer websites have been removed| Shashank Pathak / Entrackr: |
Google plans to invest $10B to build a new 1GW data center cluster near Visakhapatnam in Andhra Pradesh, India, with operations expected to begin by July 2028 — The project will include three campuses — Google is planning a massive push in India by investing $10 billion to build … | Jagmeet Singh / TechCrunch: |
NPCI, which runs India's UPI, partners with OpenAI and digital payment company Razorpay on a pilot to let consumers shop and pay directly through ChatGPT — India has kicked off a pilot to let consumers shop and pay directly through AI chatbots, with OpenAI's ChatGPT leading the rollout … | Matthias Bastian / The Decoder: |
Google says it hit a milestone of 1.3 quadrillion monthly tokens processed across its services this summer, up from 980T monthly tokens announced in July — Google says it now processes more than 1.3 quadrillion tokens every month with its AI models. But this headline number mostly reflects … | SemiAnalysis: |
SemiAnalysis launches InferenceMAX, an open-source benchmark that automatically tracks LLM inference performance across AI models and frameworks every night — NVIDIA GB200 NVL72, AMD MI355X, Throughput Token per GPU, Latency Tok/s/user, Perf per Dollar, Cost per Million Tokens … | Prakhar Srivastava / Reuters: |
Filing: corporate travel and expense management software maker Navan plans to raise up to $960M in a US IPO and is targeting a valuation of up to $6.45B — Corporate travel and expense company Navan said on Friday it was targeting to raise as much as $960 million in its initial public offering in the United States.| Heather Knight / New York Times: |
Marc Benioff says President Trump is “doing a great job” and believes National Guard troops should be deployed to San Francisco to help reduce crime in the city — Mr. Benioff, the Salesforce C.E.O. and owner of Time magazine, once supported Hillary Clinton and a business tax for homeless services.| Omer Kabir / CTech: |
A group of US investors led by Hollywood producer Robert Simonds agrees to acquire Israel-based spyware developer NSO Group for “tens of millions of dollars” — Hollywood producer Robert Simonds leads the deal, subject to Israeli and U.S. regulatory review.| Jacob Krol / TechRadar: |
The LA Lakers will livestream select 2025-26 season games in the Apple Immersive format in the NBA app and the upcoming Spectrum SportsNet app on the Vision Pro — Select games will be streamed live in Apple Immersive — When you purchase through links on our site, we may earn an affiliate commission.
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| Jason Koebler / Wired: |
| Bill Toulas / BleepingComputer: |
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| Zack Whittaker / TechCrunch: |
| Zach Vallese / CNBC: |