Recent earnings from major cloud and technology companies showed both strong demand for AI services and risks to established businesses and profits. Tech stocks came under pressure, while companies continued to invest heavily in AI infrastructure.
Key Facts
The Nasdaq briefly fell 10% from its previous peak, entering correction territory, and lost $1.2 trillion in value during October.
Google reported rising search queries, but AI-powered search results have lower margins and may reduce revenue from its core search advertising business.
Google Cloud is narrowing the revenue gap with Microsoft Azure, with demand for Google’s TPU chips contributing to growth.
Microsoft and Amazon reported strong cloud growth, though investors wanted faster growth from Amazon.
Amazon’s net income fell partly because it did not repeat a prior-year pretax gain from its investment in Anthropic.
Microsoft’s investment in OpenAI slightly increased its net income.
Some technology companies have turned free cash flow negative as they spend on AI infrastructure.
Cisco executive Jeetu Patel identified a major cyber event that weakens demand for AI as a potential risk.
Read the Original
Want the full story? Tap a source to open the original
article.
The United States, Russia and China plan to deploy nuclear reactors on the moon to power lunar bases and mining, including efforts to extract water ice near the south pole. NASA aims to develop its reactor by 2030, while Russia and China target a joint project around 2036. The plans raise concerns about the risk of a radioactive accident during transport or operation.
Key Facts
NASA says its Lunar Reactor 1 would produce 20 kilowatts of electricity and operate for five years without maintenance.
Russia is developing the Selena reactor, which is expected to produce 10 kilowatts and run for a decade without maintenance.
The Russian reactor is intended to power a Chinese-led moon base around 2036.
The planned reactors would support lunar bases and mining of water ice in permanently shadowed craters near the moon’s south pole.
Water extracted from lunar ice could support life and potentially be used to make rocket fuel.
The countries say their reactors would remain switched off until they reach the moon.
The Soviet Union launched more than 30 nuclear fission reactors into Earth orbit from the late 1960s through the 1980s to power spy satellites.
The United States has not successfully launched a nuclear reactor into space; a 1965 experiment stopped operating after an electrical component failed.
Read the Original
Want the full story? Tap a source to open the original
article.
Blockchain analytics firms TRM Labs and Chainalysis say North Korea’s Lazarus Group, also known as TraderTraitor, is the likely culprit in a reported $6.3 billion Binance hack. Binance says its investigation found additional points of breach and that it has secured about 80% of the stolen assets; the rest remains unaccounted for.
Key Facts
TRM Labs identified Lazarus Group as the likely attacker with high confidence, and Chainalysis also linked the group to the incident.
The attack reportedly involved a Binance hot wallet, which is connected to the internet.
TRM Labs said the attacker likely accessed Binance’s hot-wallet signing system.
Binance initially said an engineer’s laptop may have been compromised, then reported finding additional points of breach.
A Binance spokesperson said the company had secured about 80% of the stolen assets.
The FBI previously blamed North Korea for the theft of $1.5 billion from the Bybit exchange.
The FBI has accused North Korea of cybercrime and virtual-asset theft; Pyongyang has denied accusations that its government relies on cybercrime.
Read the Original
Want the full story? Tap a source to open the original
article.
NASA is asking commercial companies for plans to reboost, service, or safely dispose of the Hubble Space Telescope. The request seeks information, not a commitment to fund a mission; companies must respond by November 30, and any mission would need to occur by 2032.
Key Facts
Hubble has no onboard propulsion and has gradually lost altitude since its orbit was last raised in 2002.
Hubble currently orbits about 292 miles (470 kilometers) above Earth, down from 362 miles (583 kilometers) in 2002.
Without intervention, forecasts point to Hubble reentering the atmosphere in 2033 or 2034, though solar activity can affect timing.
NASA says a mission could capture Hubble and raise its orbit to at least 373 miles (600 kilometers), improve its performance, or guide it into a controlled reentry.
NASA’s request says a boost or servicing mission must not harm Hubble and is expected by 2032.
A successful boost to 373 miles could keep Hubble in orbit for at least 25 more years.
NASA received eight responses to a similar 2022 request, including a robotic reboost concept from Astroscale and Momentus.
NASA administrator Jared Isaacman proposed a crewed SpaceX Dragon servicing mission in 2022, before becoming NASA administrator.
Read the Original
Want the full story? Tap a source to open the original
article.
Technology stocks fell amid concerns about investment in artificial intelligence. A reported $6.3 billion hack of cryptocurrency exchange Binance also raised security concerns, and industry sources suspected North Korean involvement.
Key Facts
Technology stocks plunged.
Concerns about artificial intelligence investments contributed to the decline.
Binance, a cryptocurrency exchange, reportedly suffered a $6.3 billion hack.
The reported hack raised concerns about cryptocurrency security.
Industry sources suspected North Korean involvement.
Read the Original
Want the full story? Tap a source to open the original
article.
AI tools helped cybersecurity experts uncover long-hidden flaws in PHP, a widely used open-source programming language. Experts warn that AI may reveal vulnerabilities faster than the volunteer-run groups and foundations that maintain much of the world’s digital infrastructure can fix them.
Key Facts
Authorities urged website administrators to apply emergency updates after researchers found PHP vulnerabilities known as PHP2Shell.
The flaws had been in PHP code for more than a decade, according to the article.
PHP runs about 70 percent of the world’s websites, and sites such as Facebook and Wikipedia were built using it.
The PHP Foundation, launched in 2021 to coordinate PHP development, operates on a limited budget.
Many widely used digital tools and systems rely on open-source software maintained by nonprofits and volunteers.
Experts say advanced AI models can probe security defenses in ways that were previously too complicated for humans.
Google reported finding more than 1,000 security bugs in a Chrome update, more than in its previous 24 updates combined.
Open-source software foundations say they lack the resources to address vulnerabilities at the pace AI is uncovering them.
Read the Original
Want the full story? Tap a source to open the original
article.
A trend called “brain stacking” encourages Gen Z to spend less time scrolling on their phones by turning to activities such as reading books and doing puzzles. Mashable digital culture editor Crystal Bell discussed the trend on CBS News’ “The Daily Report.”
Key Facts
The trend is called “brain stacking.”
It encourages Gen Z to spend less time on their phones.
Books and puzzles are among the activities highlighted as alternatives to scrolling.
Crystal Bell is Mashable’s digital culture editor.
Bell discussed the trend on CBS News’ “The Daily Report.”
Read the Original
Want the full story? Tap a source to open the original
article.
Binance says it is working to recover $6 billion in assets taken by hackers in what the article calls the biggest cryptocurrency heist in history. The exchange halted withdrawals, and the theft has raised questions about cryptocurrency security and who carried it out.
Key Facts
Binance is described as the world’s largest cryptocurrency exchange.
Hackers took $6 billion in assets, according to the article.
Binance says it is working to recover the funds.
The exchange halted withdrawals.
The heist has prompted questions about cryptocurrency security.
The article discusses the incident in an interview with Geoff White, author of “The Lazarus Heist.”
Read the Original
Want the full story? Tap a source to open the original
article.
President Donald Trump said his administration is investigating a $6.3 billion hack of cryptocurrency exchange Binance. He said officials do not yet know whether a suspected North Korean hacker group was responsible.
Key Facts
Trump made the comments Friday in the Oval Office.
The reported hack targeted cryptocurrency exchange Binance.
The article describes the $6.3 billion hack as the largest of its kind on record.
Trump said the administration is looking into the incident.
Trump said officials do not know whether a suspected North Korean hacker group carried out the hack.
Read the Original
Want the full story? Tap a source to open the original
article.
Binance says it is working with law enforcement and industry partners to recover more than $6 billion in assets stolen in a cyberattack. Companies froze about $3 billion, but roughly $2.4 billion in bitcoin and ether cannot be frozen by token issuers, and recovering assets may require court proceedings.
Key Facts
Binance said it will use company funds to cover users’ full losses.
TRM Labs and other security firms attributed the attack to TraderTraitor, a hacking group linked to North Korea.
Binance said the operation took about 20 minutes and involved its internet-connected wallets.
Circle and Tether froze $2.4 billion in assets within an hour of the attack, according to TRM Labs’ global head of policy.
Binance said a total of $3 billion in crypto assets had been frozen.
Roughly $2.4 billion in stolen bitcoin and ether cannot be frozen by token issuers, according to TRM Labs.
Recovering seized assets may require law enforcement warrants and a civil forfeiture case in court.
Read the Original
Want the full story? Tap a source to open the original
article.
A malicious version of Anthropic’s Claude Code extension was distributed through its official account on Cursor’s extension marketplace. Cursor said it removed the version and blocked its connection to the attacker’s server; Anthropic had not publicly notified customers as of the article’s publication.
Key Facts
The compromised extension version was 2.1.313, which Cursor said could have affected up to 5,000 users.
Researcher Kevin Beaumont reported that Anthropic replaced the compromised version with version 2.1.314 several hours later.
The malicious code attempted to install a persistent SSH backdoor and open a reverse SSH tunnel on Windows, macOS, and Linux.
Cursor said the extension could access local files, source code, and developer tools because extensions run with the permissions of the development environment.
The code attempted to collect host and user details, including environment variable names, which Phorian said could help identify stored cloud credentials and API tokens.
Errors in the code prevented some backdoor functions from working in certain cases, including attempts to enable SSH under typical conditions.
Cursor said it worked with the server’s cloud provider to block connections, removed the extension, and temporarily shut down its marketplace to rotate keys and audit access controls.
Neither Anthropic nor Cursor had explained how attackers gained access to Anthropic’s official distribution account, according to the article.
Read the Original
Want the full story? Tap a source to open the original
article.
SOM’s Sany IROOTECH Headquarters in Guangzhou won the Council on Vertical Urbanism’s Best Tall Building Worldwide award. Completed in December 2024, the complex includes two towers joined by an elevated podium with public gardens, shops, dining and exhibition space.
Key Facts
The two towers stand 204 meters (670 feet) and 186 meters (610 feet) tall.
Chicago-based SOM designed the complex and also designed the Burj Khalifa.
The towers use an exposed hexagrid exoskeleton with five-story structural modules designed to accommodate wind and seismic movement.
An elevated podium links the towers and creates public garden space beneath it.
The podium has three levels of dining, retail and exhibition space, along with garden overlooks.
The complex includes a sky garden and planted terraces at every fifth floor.
The project was designed to meet China Green Building Label Three-Star and LEED Gold standards.
Read the Original
Want the full story? Tap a source to open the original
article.
Dartmouth provost Santiago Schnell resigned after an advisory committee found that he had not disclosed significant AI use in an academic paper and a Washington Post op-ed. The committee reviewed logs from his Dartmouth Claude account, but said it could not establish the full scope of his AI use because Schnell did not provide related logs from personal accounts or meet with investigators.
Key Facts
Schnell published a Washington Post op-ed about universities and AI cheating on August 9, 2026.
The committee found that Schnell failed to disclose AI use in an academic paper and the op-ed, although the publishers required disclosure.
Logs from Schnell’s Dartmouth Claude account showed him using AI to revise writing, review code, and edit or generate figures.
Schnell described his AI use publicly as help with refining arguments, grammar, clarity, and sentence editing.
Schnell did not provide the committee with logs from his personal AI accounts related to the writings under review.
The committee said Schnell’s cooperation was insufficient and that his public descriptions may have understated his AI use.
One Claude exchange showed Schnell asking whether a manuscript contained signs of AI writing.
Read the Original
Want the full story? Tap a source to open the original
article.
Hackers targeted Binance, the world’s largest cryptocurrency exchange, and took assets valued at $6.3 billion, according to the article. A Hush executive discussed the incident with CBS News; the article provides no further details about how the attack happened or who carried it out.
Key Facts
The article reports that hackers targeted Binance.
The stolen assets were valued at $6.3 billion.
Binance is described as the world’s largest cryptocurrency exchange.
Mykolas Rambus, Hush’s CEO and co-founder, discussed the incident on CBS News.
The article does not identify the hackers.
The article does not explain how the assets were taken.
Read the Original
Want the full story? Tap a source to open the original
article.
Meta settled a lawsuit alleging that its social media platform was designed to encourage addictive behavior, avoiding a trial against the company. The case will proceed against Snap, with the plaintiffs’ claims focused on their use of Snapchat and alleged mental health effects.
Key Facts
Two plaintiffs filed the lawsuit in 2023 against Meta and Snap, Snapchat’s parent company.
The plaintiffs are identified in court documents as a 16-year-old girl and an 18-year-old woman.
The plaintiffs had also sued TikTok and YouTube, but settled their claims against those companies.
Meta’s settlement terms were not disclosed.
Jury selection began in Los Angeles this week, and opening statements had been expected in early November.
The trial will now focus on the plaintiffs’ claims against Snap and is expected to last into mid-December.
Meta said it would continue to defend itself in similar litigation and cited an agreement with 52 bipartisan attorneys general that includes teen-use restrictions.
In August, Meta agreed to pay up to $17.1 billion to dozens of states that accused it of drawing young users to its platforms while concealing risks.
Read the Original
Want the full story? Tap a source to open the original
article.
Researchers identified Teghaza 001, a Martian meteorite found in Mali’s Sahara in 2022, as a rock that formed at least 4.1 billion years ago. Its mineral structure and dating results indicate that it cooled slowly inside Mars’s crust, making it a rare sample of the planet’s ancient crust.
Key Facts
Teghaza 001 is the third known genuinely ancient Martian meteorite, according to the article.
The meteorite was found in the Sahara Desert in Mali in 2022.
Eight stones weighing just under 800 grams in total were acquired by a private collector, who sent a sample to the University of New Mexico for classification.
Researchers found that the rock consists mostly of feldspar, with darker pyroxene crystals.
The rock’s relatively large crystals suggest it cooled slowly.
The research team estimated that Teghaza 001 cooled at roughly 0.01 degrees Celsius per year and solidified from magma within Mars’s crust.
Zircon grains dated the rock to about 4.11 billion years, and phosphate minerals and rubidium-strontium dating produced similar ages.
Read the Original
Want the full story? Tap a source to open the original
article.
The headline reports that Binance suffered a cryptocurrency hack involving $6.3 billion. It describes the incident as the largest crypto hack in history, but the provided article text gives no further details.
Key Facts
The headline identifies Binance as the target of the hack.
The headline puts the amount involved at $6.3 billion.
The article describes the incident as a cryptocurrency hack.
The headline calls it the largest crypto hack in history.
The provided text does not explain when the hack occurred.
The provided text does not identify who carried out the hack.
The page lists cryptocurrency, money, and Bitcoin as related topics.
Read the Original
Want the full story? Tap a source to open the original
article.
Fujifilm plans to invest about 10 billion yen ($63 million) to raise magnetic tape production capacity fivefold, citing growing data archiving needs linked to generative AI. The expansion at its Odawara site is scheduled for fiscal years 2026 through 2028 and will focus mainly on its latest LTO tape.
Key Facts
Fujifilm’s planned capacity increase is measured against its fiscal year 2025 production levels.
The investment will expand facilities and add personnel at the company’s Kanagawa Factory, Odawara site.
Fujifilm says major cloud service and data center operators are increasing their use of tape to store large volumes of data at relatively low cost.
Tape cartridges can be disconnected from networks and stored separately, helping protect backups from cyberattacks such as ransomware.
Fujifilm introduced its LTO Ultrium 10 tape in 2025.
Fujifilm says it first commercially produced tape using barium ferrite magnetic particles in 2011.
Read the Original
Want the full story? Tap a source to open the original
article.
Meta settled a social media addiction lawsuit with an 18-year-old plaintiff on Friday, avoiding a trial that had begun jury selection. The plaintiff, identified as “K.D.B.,” alleged that using Instagram and Snapchat as a child worsened her mental health and contributed to an eating disorder and suicidal thoughts.
Key Facts
Meta reached a settlement with the plaintiff during the trial process.
The settlement avoided the next bellwether trial, a case used to help assess similar lawsuits.
Jury selection for the case had begun earlier in the week.
The plaintiff is 18 years old and is from Mississippi.
The lawsuit alleged that the plaintiff used Instagram and Snapchat as a child.
She alleged that the platforms contributed to mental health problems and an eating disorder.
The article does not disclose the settlement terms.
Read the Original
Want the full story? Tap a source to open the original
article.
ABC News interviewed Dave Merkel, co-founder and CEO of cybersecurity company Expel, about a major security breach involving Binance. The article page does not provide details about how the breach happened or its impact.
Key Facts
The segment focuses on a security breach involving Binance.
Dave Merkel discussed the breach in the segment.
Merkel is co-founder and CEO of cybersecurity company Expel.
ABC News published the item on October 30, 2026.
The article page does not state when the breach occurred.
The article page does not describe what data or assets were affected.
Read the Original
Want the full story? Tap a source to open the original
article.
