Simply the latest news, updated on the hour.

Tue, Oct 13, 2026, 4:40 PM EDT

Tech

  • OpenAI is facing scrutiny over its hiring practices following a court order to produce records in an Apple trade secrets dispute.

  • Several startups are pioneering novel energy solutions, with Cambridge Heavy Industries developing a desktop fusion device and Licube aiming to supply fuel for the burgeoning fusion power industry.

  • AI is increasingly being deployed to solve complex business problems, from preventing wildlife-animal conflicts with Flox Intelligence to optimizing costly tech decisions with Niobia.

  • The autonomous vehicle and robotics sectors are seeing significant leadership changes, including Rivian spinoff Mind Robotics hiring former Ford EV chief Doug Field.

  • Innovations in AI extend to various sectors, such as Laplace Intelligence focusing on safety testing for robots and Pluto Security raising substantial funds to address AI-driven security challenges.

Money

  • Geopolitical tensions are escalating with drone attacks on ships near NATO waters and increased Iranian nuclear activity, raising global security concerns.

  • The U.S. and its allies are grappling with potential threats from North Korea's missile advancements and Russia's hybrid warfare tactics.

  • Economic uncertainties loom as China's demographic challenges may hinder its growth ambitions, while the U.S. faces questions about its energy deals with Russia.

  • The financial industry is navigating increased regulatory scrutiny, with major banks facing fines for money laundering failures and debates around AI's role in finance.

  • The cryptocurrency market is experiencing volatility, with hardware wallet security concerns, regulatory crackdowns in South Korea, and significant Bitcoin movements by large holders.

Power

  • Saudi Aramco facilities were targeted by a Houthi missile strike, leading to airport disruptions and heightened regional tensions.

  • Global smartphone shipments are experiencing a significant downturn due to a crisis in memory chip supply, impacting budget models.

  • The US Department of Energy has mandated PJM to continue dispatching power units and backup generation through mid-October to ensure grid stability.

  • Big Tech firms are pushing back against proposals that would require them to financially support grid infrastructure, citing pre-existing issues.

  • New developments in Artificial Intelligence, including warnings from Anthropic about self-replicating AI and reports of successful Chinese models, are raising concerns.