Technology
Europe: Shares close at record high on US data, trade hopes
[BENGALURU] European shares closed at a record high on Friday (Oct 24), boosted by cooler than expected US inflation data and hopes of an easing in US-Chinese trade tensions,...
US: Stocks end at record highs after inflation data; Dow up 1%
[NEW YORK] Wall Street stocks surged to fresh records on Friday (Oct 24) after benign US inflation data set the stage for another US Federal Reserve interest rate cut.All...
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s upbeat results offered a boost.At 9.30 am EDT, the Dow...
MAS proposes more measures for investors to seek civil compensation from market misconduct
Proposals aim to facilitate self-organisation, provide access to funding and reduce legal barriers to civil action[SINGAPORE] The Monetary Authority of Singapore (MAS) is looking to enhance investors’ ability to...
Intel shares jump as investments, cost cuts catapult turnaround efforts
INTEL shares surged nearly 9 per cent in premarket trading on Friday (Oct 24) as investors rallied behind CEO Tan Lip-Bu’s aggressive cost-cutting measures that helped the chipmaker surpass...
EV truck maker Rivian is laying off hundreds amid a slowdown in demand
The electric truck and SUV company Rivian will lay off hundreds of employees in an attempt to save cash as federal support for electric vehicle adoption wanes under the...
Contributor: The web is awash in AI slop. Real content is for subscribers only, and democracy suffers
Princess Diana stumbling through a parkour park. Team USA taking gold at the Bong Olympics. Tank Man breakdancing in Tiananmen Square. Kurt Cobain playing pogs. Tupac Shakur seeking poutine...
Meta is cutting 600 jobs in its AI division
Meta is slashing roughly 600 jobs in its artificial intelligence unit as the tech giant aims to move faster to compete with its rivals.The company declined to comment on...
