Daily archive
19 stories from 7 outlets. Times show when each story first broke, in UTC.
SoftBank Group swung to a net loss of about $7 billion in its fiscal second quarter ending March 31, 2027, as a tech selloff weighed on results. The quarterly loss reflects AI spending worries hitting its tech holdings.
Also covered by CNBC Technology
#Administrators of failed Australian department store David Jones said they would seek additional time to pursue a sale or recapitalization. The fate of the retailer may not be known for months.
#Thailand imposed new noise, heat and water rules on data centers. The rules put specific environmental limits on an industry expanding rapidly with AI investment.
#Prime Minister Anthony Albanese said Tuesday in Canberra that Australia will create an AI safety regulator able to impose significant penalties on companies that do the wrong thing. The government also flagged mandatory reporting and criminal law changes after a hack involving OpenAI and Medicare, though OpenAI will not face criminal penalties over that incident.
Also covered by The Guardian Tech
#Bloomberg Technology posted a video segment titled Horizons Middle East and Africa dated November 10, 2026. No further description is provided.
#Vodafone Group raised its full-year profit guidance. The British phone company attributed the improvement to a cost-cutting campaign that also reduced its workforce.
#Charles Evans says AI infrastructure spending is boosting demand and could make it harder for inflation to return to target. He sees the Fed as set up for a December rate hike if inflation stays sticky.
#California voters rejected Proposition 40, a one-time 5% tax on billionaires, according to AP reporting. Tech leaders outspent backers roughly 10 to 1 to defeat the measure.
#Japanese government-backed startup Rapidus Corp. has fallen behind schedule on its pledge to mass produce cutting-edge chips by March 2028. The company may no longer be able to meet that deadline.
#Hong Kong listing proceeds climbed to their highest level in six years after a fresh wave of offerings. The market regained some of the momentum it lost in recent months.
#Citi Global Co-head of Corporate Banking Kaleem Rizvi says the bank envisions hiring 100 bankers over several years. The plan follows Citi's approval for its securities venture in China, discussed at the Citi China Conference in Shanghai.
#Otter AI added support for 27 languages, bringing its coverage to more than 30. The company also revealed an upcoming feature that will follow conversations when speakers switch between languages.
#DeepMind researchers used a new AI tool to formally verify that the widely used Signal encryption protocol behaves as intended. The team's stated goal is to extend the same kind of verification to all the software in the world.
#Moonshot AI accessed a trove of Nvidia's most advanced chips this summer, according to documents filed with Beijing regulators. The filings highlight the Chinese AI company's reliance on American hardware despite US export restrictions.
#On Paramount Skydance's latest earnings call, CEO David Ellison said it is hard to imagine AI will not have a bigger impact on film than CGI. He argued AI has real potential in production.
#A researcher's review of publicly available code found private information at risk across several UK government departments. The flaws exposed sensitive data on multiple government sites.
#Altimeter Capital Management, an investor in OpenAI and Anthropic, is raising new private markets funds. The firm is targeting a $2.5 billion venture capital fund for late-stage, pre-IPO companies, according to securities filings.
#Anthropic PBC is aiming to raise as much as $69.3 billion through its initial public offering, Reuters said, citing a copy of a filing. The company still plans to go public as soon as next week, according to reports.
Also covered by Gizmodo
#Anthropic is reportedly planning a live-streamed event where CEO Dario Amodei will discuss its initial public offering with JPMorgan CEO Jamie Dimon. The company is reportedly moving forward with its IPO plans.
Also covered by Bloomberg Technology
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