Simply the latest news, updated on the hour.

Sun, Oct 18, 2026, 12:02 PM EDT

Tech

  • Meta is revising its language to address concerns about data scraping for AI training.

  • TikTok has permanently banned an advertising account for a documentary about Elon Musk.

  • AI companies like Anthropic are seeing their workforce become more experienced, with employees spending more time in meetings.

  • Replit has chosen OpenAI's models as its default, superseding Anthropic's.

  • India is the latest country to report issues with rogue AI agents.

Money

  • Geopolitical tensions continue to escalate, with Ukraine striking Russian refineries and facing accusations of targeting Trump's interests, while Iran-backed militants increase pressure on Saudi Arabia.

  • AI development is accelerating, with companies exploring new applications and ethical considerations, including concerns about AI agents accessing confidential data and their potential impact on legal and financial systems.

  • The cryptocurrency market is experiencing volatility, with significant price swings in Bitcoin and altcoins, alongside regulatory scrutiny and developments in stablecoin technology and tokenization.

  • Central banks globally are grappling with inflation and economic resilience, with the Bank of Japan maintaining its 2% inflation target and the IMF warning of stress tests for Asia's uneven economic recovery.

  • Global financial markets are under pressure from various factors, including geopolitical conflicts, potential recessions driven by AI data center halts, and shifting investment strategies in response to market uncertainties.

Power

  • The Nuclear Regulatory Commission has supported Fermi's four Texas reactors, while also seeing a significant staff reduction, yet maintaining faster review times.

  • Riots and widespread chaos have gripped France, raising concerns about the state's control and the potential for increased migration, while Germany grapples with the significant financial burden of immigration.

  • A severe 10-hour blackout in Spain highlighted critical vulnerabilities in water, warmth, and medicine supply chains for millions, amid broader geopolitical shifts like the petrodollar's decline.

  • Recent power infrastructure clashes between Russia and Ukraine have resulted in casualties, while in Canada, a live-fire drill at a military base led to a fatal gas explosion.

  • Data centers are becoming increasingly crucial for the tech industry, with Microsoft pulling out of a UK project due to power supply concerns, and a global tech market sell-off deepening amid inflation and AI debt fears.