Defense Secretary Pete Hegseth issued a memo banning all Defense Department personnel from using nonpublic information to bet on prediction markets, warning that such activity could give enemy nations intelligence about U.S. military operations.
Neocloud stocks including CoreWeave, Nebius, and IREN have lost more than 30% in October, while credit default swap spreads on Meta, Nvidia, and Oracle hit all-time highs and SK Hynix pulled Solidigm's planned IPO amid market volatility.
Apple's iPhone Duo foldable launched globally on Friday, drawing scalpers offering $448 premiums outside the Beijing flagship store as supply constraints fueled early demand in the world's largest foldable phone market.
Ukraine's Ministry of Defense signed a letter of intent with Nokia and satellite maker ICEYE to develop alternative satellite communications, as SpaceX's Starlink speed restrictions continue to disrupt drone operations on the front lines.
SpaceX's Starshield terminals in Ukraine remained speed-limited as of Friday, Oct. 23, with President Zelenskyy and other officials contradicting President Trump's claims that service had been restored since Oct. 14.
Quest Diagnostics confirmed a data breach affecting patient records after a threat actor gained unauthorized access to its Quanum LSM laboratory management platform, the company disclosed in an SEC filing on October 23.
Fears over the hundreds of billions of dollars in debt being taken on by AI companies drove investors into U.S. Treasuries this week, pushing the benchmark 10-year yield below 5% for the first time in a month while CoreWeave lost 38% in October.
Neocloud stocks including CoreWeave, Nebius, and IREN have lost more than 30% in October, while credit default swap spreads on Meta, Nvidia, and Oracle hit all-time highs and SK Hynix pulled Solidigm's planned IPO amid market volatility.
Fears over the hundreds of billions of dollars in debt being taken on by AI companies drove investors into U.S. Treasuries this week, pushing the benchmark 10-year yield below 5% for the first time in a month while CoreWeave lost 38% in October.
ABC affiliates say Disney's decision to air Super Bowl LXI across Disney+, ESPN2, ESPNU, NFL Network, and other platforms could cut broadcast-associated advertising revenue by as much as 35%, reigniting tensions over streaming and broadcast exclusivity.
Apple's iPhone Duo foldable launched globally on Friday, drawing scalpers offering $448 premiums outside the Beijing flagship store as supply constraints fueled early demand in the world's largest foldable phone market.
Etsy is banning the sale of AI-generated recipes, patterns, and instructional guides on its marketplace, citing buyer confusion over AI content as one of the top barriers to shopping on its platform.
Generative AI adoption in Southeast Asia has reached 243 million users in under three years, driven by enterprise applications in e-commerce, advertising, and customer service rather than consumer subscriptions, according to a new report by Google, Temasek, and Bain & Company.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.