Met Commissioner slams 'awful abuse' of Muslim female officer Sir Mark Rowley revealed that the award presented to PC Fiona Shaik Umar had triggered an ‘online tirade’ of abuse Evening Standard · Oct 22
US stock market today: Why have Nasdaq, S&P 500 slipped to lowest in months? Reasons behind Meta, Tesla, CoreWeave, Intel stock price fall, check top performing stocks US Stock Market today: Chipmakers Western Digital, Intel, ADM , Sandisk, and Marvell all posted steep percentage losses amid the broader semiconductor selloff. The Economic Times · Oct 22
US Treasury proposes a rule to crack down on high-tech investments in China, other adversaries The U.S. Treasury Department has proposed a rule to crack down on American high-tech investments in China, Russia, North Korea and other “countries of concern The Independent UK · Oct 22
Unauthorized AI Agents Are Already Inside Bank Accounts; Here's What JPMorgan, Citi, BofA, Others Are Doing US banks are blocking third-party AI agents from customer accounts, including tools given login details by users, while exploring controlled access. International Business Times UK · Oct 22
TikTok Influencers Promise Easy Passive Income—A Real-World Test Reveals How Much People Actually Make Scroll through TikTok long enough, and you’ll probably encounter someone promising to teach you how to make $5,000 a month without leaving your couch. Some... Saving Advice · Oct 22
AI Spending Woes and Rising Oil Prices Weighed on Markets. The Nasdaq Had its Worst Day in Months. The tech-heavy index had its worst day since June 23. The S&P 500 saw the largest drop since late July. International Business Times · Oct 22
US stocks today: Nasdaq slumps 2.5%, S&P 1% as revived AI doubts ignite tech selloff US stocks fell sharply as renewed concerns over massive AI spending triggered a selloff in technology and semiconductor shares. The Nasdaq suffered its steepest one day decline since June, while the S&P 500 also dropped. Tesla and Meta fell, while oil prices climbed to a five-month high amid fresh Middle… The Economic Times · Oct 22
Companies Are Spending Billions To Build Data Centers. The Timeline For Them To Pay Off is Fuzzy. CoreWeave and Applied Digital reported sharply higher revenue, but their latest filings show capital expenditures far exceeding the cash generated by operations. International Business Times · Oct 22
Aipac halts candidate endorsements amid US backlash against Israel Political candidates’ once reflexive support for Israel has increasingly become a liability The Guardian - US · Oct 22
Israel's Ben-Gvir shares AI videos mocking Gazans as 'donkeys' and sending them to Paris Israel's far-right minister Itamar Ben-Gvir is using AI-generated videos to mock Palestinians and push political messages ahead of the Israeli general election, including videos magically transporting Gazans to Paris or calling them "donkeys" for choosing to stay. One video has sparked an online spat with France. Artificial intelligence is playing… France 24 · Oct 22
Steep bill for AI buildout punishes Meta, other tech favorites Investors sold shares of Meta Platforms and a wealth of companies central to the AI trade, a day after Meta -- one of the so-called hyperscalers spending billions to build data centers and other infrastructure supporting the AI boom -- said it would issue a new class of shares that… The Economic Times · Oct 22
Treasuries see best day in over a year as AI selloff revives haven demand US Treasury bonds surged as a sharp selloff in AI-linked stocks revived demand for safe-haven assets. Treasury yields posted their biggest declines in more than a year, despite Brent crude rising above $112 a barrel. Investors also scaled back expectations for a December Fed rate hike amid growing concerns over… The Economic Times · Oct 22
Small Business AI Needs Less Hype and More Strategy A missed customer call can mean a missed sales opportunity. A repetitive administrative task can consume hours that could have been spent on revenue-generating work. A process that requires several manual handoffs can create friction every time a customer moves through it. International Business Times · Oct 22
Mark Zuckerberg says over 10 million people used Meta’s Muse—and demand was so high, he had to get Stripe to raise credit limits With Muse helping people shop, Meta also envisions a new revenue source beyond its ad business: Taking a cut of transactions. Fortune · Oct 22
International Business Times UK · Oct 22 Meta's Muse AI Under Fire After Researchers Uncover 6,800 Share Links, Raising Privacy Concerns Security researchers found more than 6,800 Meta Muse AI share links in public DNS records, exposing sensitive data. Meta paused the sharing feature.
Fortune · Oct 22 AI could displace one in 11 workers, Goldman says, but the layoffs are likely waiting for a recession Goldman’s Joseph Briggs finds companies have historically saved automation layoffs for downturns, and he’s updating his projection of the AI jobs impact.
MarketBeat · Oct 22 Pegasystems' Q3 Miss Exposed the Problem Standing Between AI and Cash Flow Pegasystems missed Q3 revenue estimates amid slowing growth, but Pega Cloud ACV rose 20%, buybacks continued, and analysts see upside despite a cautious Hold rating.
The Guardian - UK · Oct 22 The Guardian view on AI safety: the push for global regulation must advance Editorial: The current US administration is an obstacle, but public demand for protection will ultimately prevail
International Business Times UK · Oct 22 Elon Musk Calls Director a 'Bitter Old Man' and Threatens to Sue Over AI Clone in New Documentary Elon Musk threatens legal action over Alex Gibney's documentary, which uses an AI-generated likeness and faces disputes over Starlink and the 2024 US election.
The Economic Times · Oct 22 Neocloud short sellers rack up $6 billion as AI debt fears deepen Short sellers betting against US neocloud and data centre companies have made about $6 billion in paper profits this month as AI debt fears trigger a sharp selloff. CoreWeave, Nebius, IREN, Applied Digital and Core Scientific face heavy short interest, highlighting growing concerns over debt-fuelled AI infrastructure spending.
Evening Standard · Oct 22 Stocks rattled by fears over tech sell-off and rising oil prices In London, the FTSE 100 index ended down 27.85 points, 0.3%, at 10,725.03.
MarketBeat · Oct 22 Texas Paused Data Center Hookups—2 Power Stocks Are Waiting on the Verdict Texas regulators are auditing data center projects on the ERCOT grid, leaving NRG Energy and Vistra facing uncertain timing on AI-driven power demand despite strong long-term growth potential.
Fortune · Oct 22 ‘Disconcerting’: Researchers found a ‘pain’ signal inside AI models. Turning it up made them delete a user’s family photos The study doesn’t show AI can suffer. But the signal overrode the models’ safeguards, and someone has already used the researchers’ code to build an “AI Torture Chamber.”
International Business Times · Oct 22 Anthropic Unveils Claude Duet To Challenge OpenAI And Meta in the AI Agent Field The company is initially limiting access to U.S. Pro and Max subscribers, while acknowledging that its new assistant can still make mistakes when deciding which tasks deserve attention.
International Business Times · Oct 22 Meta Beat Expectations in the Last Quarter. Its Stock is Plunging Anyway. Revenue reached $64.60 billion for the quarter ended September 30, up 26% from a year earlier.