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Google executive Donald Harrison resigns from SpaceX board
Donald Harrison has resigned from SpaceX's board after more than ten years of service. He notified the company of his decision, which took effect immediately on November 4. Elon Musk commented that the resignation was due to conflicts of interest related to Alphabet, Google's parent company. Google remains a major institutional holder of SpaceX shares after slightly increasing its position this week.
Stockal scam: Trading platform says unauthorised third party accessed customer accounts
Stockal has disclosed that unauthorized trading practices impacted 13 client accounts, resulting in notable financial losses. Investors claim their assets were liquidated without consent, redirecting funds towards unauthorized transactions. An investigation revealed there was no compromise within Stockal's systems; however, it points to a likely social engineering incident. Affected investors have reached out to regulatory bodies in India and the U.S.
Global Market Today: Asian stocks slide as US chip selloff deepens
The MSCI Asia Pacific gauge dropped 0.4% with South Korea’s Kospi Index sliding almost 3%. In the US, a gauge of chipmakers extended a three-day rout to 12% and the Nasdaq 100 sank 10% from its peak, entering a technical correction. In a sign some investors are looking to buy on dips, US stock futures gained. Japan is closed for a holiday.
Google in talks to join Trump’s Golden Dome defense program
Google is in early talks with the Pentagon regarding involvement in the Golden Dome missile defense program. The initiative aims to secure critical data for military software and infrastructure. Multiple companies, including Aalyria Technologies, are likely to collaborate in this effort. Command-and-control software will connect various weapon systems and defense technologies across the military. Google’s previous hesitations with defense work seem to be changing as it pursues new agreements.
Meta settles with teen during trial testing claims social media caused depression, eating disorders
Meta Platforms has settled with a teen plaintiff who accused the company of designing Instagram and Facebook to be addictive, causing her mental health problems
D-St set for a cautious opening as GIFT Nifty signals muted start
In a significant trading session, benchmark indices registered solid gains, reflecting renewed market confidence following the Fed's interest rate announcement. The second half saw a notable uptick in buying, enhancing broader market performance. Analysts are hopeful for a continuation towards the 23,100 mark if support levels are sustained. Interestingly, foreign portfolio investors were net sellers while domestic institutional players showed bullish tendencies.
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Global Market Today: Asian stocks slide as tech earnings disappoint, AI fears mount
The Kospi Index in South Korea — a key barometer of the AI trade — fell over 3% with chip heavyweights Samsung Electronics Co. and SK Hynix Inc. declining. That dragged the MSCI Asia Pacific Index down 0.3%.
D-St set for a negative opening as GIFT Nifty signals weak start
Benchmark Nifty experienced a marginal decline after recovering from a significant low during the trading session. Analysts believe Indian equities may remain range-bound. The rupee weakened against the US dollar due to rising crude oil prices and a strengthening dollar. Foreign portfolio investors were net buyers on Wednesday, with significant purchases noted.
Google misses Wall Street expectations, Alphabet stock sinks in early after-hours trading
The Mountain View, California-based company said its net income was $26.17 billion in the July-September period. That's down from $34.98 billion in the same period a year earlier.
Google launches Gemini 4 Carbon AI model with cybersecurity focus
The launch comes two weeks after Google introduced Gemini 4 Argon, as the company expands its Gemini family of AI models for developers and enterprise customers.
Global Market Today: Asian stocks advance on resurgent AI optimism
The MSCI Asia Pacific Index rose 0.6%, as benchmarks in Australia, Japan and South Korea advanced. The Kospi Index rose 2.6%, with SK Hynix Inc.’s stock climbing after the company reported operating profit that beat estimates. The chipmaker is planning a total of 100 trillion won ($75.4 billion) in shareholder returns for 2026.
Anthropic takes AI test with filing for Wall Street debut
Anthropic PBC has filed for an IPO, becoming a potential leader in AI technology. The company anticipates trading under the symbol ANT on the Nasdaq Global Select Market. Despite significant revenue growth, Anthropic warns future growth may slow due to market maturity and competition. The filing emphasizes the existential risks associated with advanced AI technologies, raising public safety concerns.
Global Market Today: Wall Street gains lift Asian stocks as Fed decision looms
Gauges in Japan and South Korea advanced, helping the broader MSCI Inc.’s Asia Pacific equities gauge rise 0.6%. Equity-index futures for US stocks also climbed in early trading.
Global Market Today: Asian shares slip as AI jitters deepen ahead of big tech earnings
MSCI Inc.’s Asia Pacific equities gauge fell 0.2% ahead of this season’s busiest earnings week in Asia. US equity-index futures erased earlier gains and traded little changed.
Global Market Today: Asian stocks slide after US tech rout
MSCI Inc.’s regional equities benchmark slipped 0.3%, declining for a second day, leaving the gauge hovering around levels last seen in July. Taiwan’s stock exchange will be shut Friday due to a typhoon. Sentiment stayed weak as contracts for the Nasdaq 100 Index fell 0.3% in early Asian trading.
India’s clean power firms prepare for an AI-fuelled data center demand surge
India is preparing to accommodate increased demand for renewable energy from data centers driven by artificial intelligence. The country's appeal is strengthened by challenges faced by data center operations in other regions. Investments in solar and wind capacity are crucial for supporting this burgeoning sector's needs. Major companies such as Meta, Google, and Apple are entering into supply contracts for renewable energy.
Apple Homeview, Apple TV 4K, Apple HomePod mini 2 unveiled: Price, features, preorder and launch dates, all about Apple Welcome Home event
Apple HomeView launch was accompanied by updates to its HomePod smart speaker and Apple TV devices. It also introduced a range of accessories, including doorbells, cameras and thermostats, made by LG and Schneider Electric and designed with help from Apple.
Can’t replace US workers with foreign ‘indentured servants’: US after suspending PERM green card program
US Vice President JD Vance defended the suspension of eight technology firms, including Microsoft, TCS, Infosys and Wipro, from the PERM green card programme, accusing companies of replacing American workers with cheaper foreign labour.
Apple to launch doorbell, lock, thermostat developed with LG
The products will be part of an ecosystem of devices that work with Apple’s new smart home hub, as well as an upgraded HomePod mini and fresh TV set-top box, according to people with knowledge of the matter. The new Apple devices are set to be introduced on Oct. 13.
Polish regulator suspects Google abused dominant position in publisher payment talks
The Office of Competition and Consumer Protection, known by its Polish abbreviation UOKiK, said the charges relate to how Google negotiates remuneration for displaying articles and snippets in its search results, Google News and Discover services.
Google wins dismissal of Chegg, Penske Media lawsuits over AI overviews
In his ruling on Wednesday, US District Judge Amit Mehta in Washington said Chegg and Penske's claims that Google's business practices violate antitrust law "fail to get out of the starting gate."
D-St set for a negative opening as GIFT Nifty signals weak start
Benchmark indices faced a decline as global uncertainty impacted the market and investor sentiment remained cautious. The Nifty index is under pressure, with 22,600 acting as a significant support level. Foreign portfolio investors recorded a net sale of shares worth Rs 10,148 crore while domestic institutions were net buyers. The rupee settled flat against the US dollar amidst heavy FII outflows.
Global Market Today: Asian shares mixed as bond yields, oil keep investors on edge
Contracts for the S&P 500 Index rose 0.5% after the underlying gauge erased its gains to close 0.2% lower in the final hours of Wednesday trading. Asian shares edged lower after Micron Technology Inc. gave an upbeat forecast, but warned that rising compensation costs would weigh on profit margins. Alphabet Inc.’s shares rose after Google began rolling out the Gemini 4 Argon, its long-awaited flagship artificial intelligence model.
Indian executives are gaining clout in US corporate boardrooms
The landscape of S&P 500 boards has seen a noteworthy shift, with Indian men now occupying a record 16 seats. This development reflects the increasing preference for directors equipped with CEO-level expertise. In contrast, Indian women's representation on boards continues to stagnate. Compounding these dynamics, future entry for Indian executives into the US job market may face challenges due to prevailing immigration policies.
Microsoft abandons personal AI chatbot race with Copilot reboot
The result of a six-month engineering effort, the latest iteration of the assistant has absorbed the separate version for home use, adopting some of its slick design features, and casting aside the marketing that sought to position the company as a builder of personal AI.
First US trial against TikTok to test claims platform fueled teen mental health crisis
An Alabama jury will hear the state's claims that TikTok and its Chinese parent company ByteDance made the platform addictive to young users and misled consumers about its safety, in the first case against the company to reach trial in the sweeping litigation
Nvidia's stock is flashing a warning sign as valuation drops
Nvidia Corp's stock currently trades at less than 17 times its projected profit for the upcoming year, marking a notable decline from earlier values seen in 2025 and mid-2023. Despite solid fundamentals, investor confidence is wavering on the sustainability of the company's earnings. The stock's performance follows a rally in semiconductor shares amid concerns over AI models, highlighted by encouraging signals regarding chip demand from new AI advancements.
Xi Jinping unlikely to bring CEOs to summit where Trump seeks deals
US President Donald Trump is preparing to host China's President Xi Jinping for an upcoming summit in Washington. The Chinese leader is not expected to bring a delegation of top business executives. Many prominent technology leaders from the US will attend the state dinner alongside high-ranking officials. Tensions between the US and China regarding various issues have been rising in recent weeks.
Larry Page's Powerful Tuesday Motivation Quote: 'If you're not doing some things that are crazy, then you're doing the...' - Google co-founder's timeless lesson on why bold ideas matter
Larry Page advocates for the embrace of non-traditional ideas as a path to extraordinary success. Co-founding Google, he turned a simple research project into a transformative information powerhouse. By studying computer engineering and meeting Sergey Brin at Stanford University, Page laid the groundwork for Google's evolution from a basic search engine to an extensive suite of digital services, showcasing how ambitious endeavors can influence a global audience.
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