Simply the latest news, updated on the hour.

Sat, Oct 31, 2026, 4:02 AM EDT

Tech

  • Major AI players like Nvidia and Google are deepening their involvement in AI infrastructure, with Nvidia potentially co-signing AI data centers and Google's first data center satellite coming online.

  • The AI spending boom shows signs of cooling, with cracks emerging in the rapid expansion of AI investments.

  • Cybersecurity remains a critical concern, highlighted by a record-breaking $6.3 billion theft from Binance attributed to North Korean hackers and a defense contractor granting an AI agent access to Pentagon systems.

  • Tech giants continue their strategic moves: Salesforce is reportedly acquiring Rune for $375 million, while Apple is set to launch Apple Intelligence in China.

  • Concerns about AI's societal impact persist, with former Theranos whistleblower Tyler Shultz warning about AI's potential for deception and Meta settling another social media addiction lawsuit.

Money

  • China's economic activity showed a significant slowdown in October, raising concerns about global growth.

  • Geopolitical tensions continue to influence oil prices, with ongoing conflicts in the Middle East and Ukraine contributing to supply worries.

  • The European Union and Canada are exploring an "associate membership" arrangement, signaling a deepening economic and political partnership.

  • A major hack targeting Binance resulted in billions of dollars in stolen cryptocurrency, highlighting vulnerabilities in the digital asset space.

  • The U.S. military is engaged in an open-ended mission to secure oil flow in the Gulf region, emphasizing the strategic importance of energy resources.

Power

  • China is leveraging Moscow's weakening position to secure significant discounts on Russian gas imports.

  • Authorities have exposed a large-scale student loan fraud scheme orchestrated by mobile tax preparers, leading to indictments and significant financial recovery efforts.

  • The power industry faces scrutiny as it prepares for hypothetical catastrophic events, raising questions about its preparedness for actual power grid failures.

  • A new study indicates that paper straws may have a greater negative environmental impact than plastic ones, challenging common eco-friendly assumptions.

  • California's high-speed rail project is mired in controversy following the CEO's resignation amidst revelations of questionable consultant spending on luxury entertainment.