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White House Reviewing SEC’s Proposed Crypto Broker Rule Changes
The White House is reviewing a US Securities and Exchange Commission proposal to change how brokers can work with digital assets.
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TECHNOLOGY
Technology, platforms, AI and the tech industry.
TECHNOLOGY // WIRE
1,106 articles · newest reporting from independent and international publishers
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Nvidia Shares Sink, Traders Dump Anything with AI Exposure, More
Source: Bloomberg, 0:00
Fake Amazon invoice scam uses $988 iPad order as bait
A fake Amazon invoice charging $988.18 for an iPad lists the same customer support phone number three times to steer panicked victims into calling.
Cancer-linked metal found in jewellery sold by major online retailers including Amazon
Eight of 25 pieces of jewellery bought from Amazon, Temu and other outlets contained cadmium, the BBC found
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AI Selloff Has Room to Go on Mechanical Selling, Says Academy’s Tchir
Peter Tchir, head of macro strategy at Academy Securities, explains the market factors he sees deepening the selloff on the AI trade as he expects the US economy to slow without increased compute spend. (Source: Bloomberg)
Anthropic is rapidly accelerating AI development amid slowdown calls, outside research group says
Anthropic is developing its AI systems twice as quickly as last year, despite CEO Dario Amodei’s calls to slow down model capabilities
North Korea's fake IT worker scheme takes dangerous turn as new threats emerge every day
CrowdStrike says it uncovers one or two suspected North Korean fake IT worker cases daily, with operatives infiltrating defense contractors and AI firms.
Stocks crater as investors recoil from tech companies
Tech-heavy Nasdaq plunges nearly 1,300 points as Wall Street weighs the impact of Democratic wins on the AI sector.
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China's AI Agents Are Trapped
Earlier this year, scenes of retirees and young people waiting in long lines to install the AI agent OpenClaw went viral in China. Even as the government warned of cybersecurity risks, consumers rushed to try the long-hyped Next Big Thing…
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Anthropic, Plaid Collaborate on AI Consumer Finance Guidance
Anthropic PBC is tapping the fintech Plaid and its vast network of consumer finance information to bring more tailored financial guidance to users of its Claude artificial intelligence model.
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SpaceX Most at Risk as Investors Rotate Out of AI Losers
Even before the backlash against data centers took shape at the ballot box, the rotation out of AI was underway. SpaceX is the biggest company to join that cohort.
AI stocks plunge after election, driving down US markets
Tech stocks lead US market slide as investors weigh impact of midterm election results on AI industry.
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Tech Tumbles as Data Center Buildout Face New Scrutiny (Podcast)
Source: Bloomberg, 44:07
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Bloomberg Intelligence: Tech Plunges on AI Concerns (Podcast)
Source: Bloomberg, 0:00
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AI Investment Bust Seen Less Likely With Data-Center Backlash
The backlash against data centers evident in this week’s US midterm elections raises new risks for a key source of economic growth. But restrictions on development could ultimately reduce the odds of a downturn by keeping the AI investment…
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Nasdaq 100 Plunges as Tech Rout Deepens
Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." The tech rout accelerates as the midterm fallout slams chipmakers and Nvidia tumbles. Plus, Forrester founder, chairman and CEO George Colony on AI’s…
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Stocks Plunge as Traders Dump Everything With AI Exposure
Technology stocks plummeted on Thursday as traders assessed the implication of a Democratic sweep in the US midterm elections on cloud data centers. Barry Ritholtz, Founder of Ritholtz Wealth Management and Host of “Masters in Business”…
THE GUARDIAN — WORLD INTERNATIONAL
Nasdaq heading for worst day in 18 months as Wall Street sustains widespread losses
Share index slumps 5% amid signs AI industry will face tougher regulation after Democrats’ midterm elections success The tech-heavy US Nasdaq share index is on track for its worst day in 18 months after slumping by up to 5% on Thursday…
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Treasuries Soar as Tech-Stock Selloff Lures Investors to Havens
Treasuries rose as a Democratic sweep in the US midterms led to a selloff in shares of large US technology companies, stoking demand for havens. Bloomberg's Ira Jersey joins to discuss. (Source: Bloomberg)
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Siri AI's Biggest Upgrade Yet + John Ternus's First Apple Earnings Call
Apple is finally bringing some of Siri's most ambitious AI capabilities to the iPhone. In this episode of Power On, Bloomberg's Mark Gurman and Vlad Savov break down the major changes coming with iOS 27.3, including Siri's new ability to…
Nothing says it is making an 'AI-first' device to help artificial intelligence have its iPhone moment
CEO says that consumer tech companies are confused about how exactly AI will come into our lives
LeBron James sends cease and desist to 'Bron AI' sports betting app over unauthorized likeness
LeBron James sent a cease-and-desist letter to Bron AI over unauthorized use of his likeness in a sports betting app ad featuring Dillon Brooks.
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Stocks Plunge, Traders Dump Anything with AI Exposure, More
Source: Bloomberg, 0:00
BBC NEWS — TECHNOLOGY TECHNOLOGY
Shares in Musk's SpaceX plunge as tech and AI stocks fall
The market has been reacting to possible tougher scrutiny of data centre construction and the AI industry following the US mid-terms