Business
AMD Jumps 7 Percent as Investors Rotate Out of Nvidia
Advanced Micro Devices jumped more than 7 percent on Wednesday as investors rotated into Nvidia rivals after reports the chipmaker board is weighing the ouster of Jensen Huang.
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Business
OpenAI Nears $30 Billion Raise at $1.25 Trillion Valuation Ahead of Possible IPO
OpenAI is working on a new funding round of up to 30 billion dollars at a valuation of about 1.25 trillion dollars, according to reporting by TechCrunch and
Business
Meta Creates Non-Voting Class C Stock to Fund Its AI Spending Spree
Meta has created a new class of non-voting shares, a structural move designed to let the company fund its enormous artificial intelligence spending without
Business
Instacart to Pay $5 Million After DOJ Says It Shut American Workers Out of Hiring
Grocery delivery giant Instacart has agreed to pay up to 5 million dollars to settle allegations that it discriminated against American workers in hiring,…
Business
Musk Backs SpaceX-Tesla Merger as Both Boards Form Special Committees
Elon Musk has said he supports the idea of merging Tesla with SpaceX, confirming that both companies have formed special committees of independent directors…
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World
Signed in Montreal, Still Locked in Brussels: Canada Climate Twin Test
Canada and the EU signed a Destination Earth climate modelling arrangement in Montreal, but public files show no Canadian data grant or joint warning product yet.
Politics
Trump Escalates Fed Pressure Campaign as Mortgage Rates Hit Three-Year High
President Trump accused the Federal Reserve board of wanting "the country to do badly" as 30-year mortgage rates touched their highest point in nearly three years.
Business
Google Plans a 15 Billion Dollar Expansion in Malaysia
Google plans to invest 15 billion dollars in Malaysia during 2027 and 2028, expanding computing infrastructure for digital services and artificial intelligence with new data centre campuses and training programmes.
Technology
The Data Centre Backlash: 29 Jurisdictions Vote to Slow the Buildout
Voters in at least 29 jurisdictions approved bans or restrictions on data centre construction, and a new Congress is expected to scrutinise the buildout.
Sports
The Business of a Record Parade: What 750,000 Fans Mean for Milwaukee
More than 750,000 fans at the Brewers parade turned a championship celebration into a major economic event for downtown Milwaukee, dwarfing the 400,000 organisers expected.
Entertainment
Netflix Cuts 1,000 Jobs in Biggest Layoff Since 2022 as Co-CEOs Sharpen Focus Before Earnings
Netflix is cutting about 1,000 jobs — six per cent of its workforce — as co-CEOs Ted Sarandos and Greg Peters sharpen focus before quarterly earnings.
Health
Trump Administration Finalizes Health Price Transparency Rules, Pressures Hospitals to Post Real Prices
New federal rules finalized October 5 require hospitals and insurers to publish actual dollar prices — and ban the "ghost rates" regulators say obscured real costs.
Science
NASA Opens Bidding for Private Space Stations to Replace the ISS by 2030
NASA released a 360-page request for proposals on October 9 inviting U.S. companies to design, build and operate commercial space stations to succeed the ISS.
