world
Asia-Pacific markets set to open lower, tracking Wall Street losses as AI stocks resume slump
Investors in Asia will look to trade data coming out of China later in the day. Source link
China's key weapons in its AI battle with the U.S. — massive Huawei chip clusters and cheap energy
China’s strategy for competing with the U.S. on AI revolves around huge clusters of Huawei chips and cheap energy. Source link
Meta reportedly projected 10% of 2024 sales came from scam, fraud ads
Meta projected that about $16 billion in 2024 revenue came from running ads for scams and banned goods, according to a Thursday report from Reuters. Source link
FAA announces flight reductions at 40 airports. Here's what travelers need to know
The Federal Aviation Administration announced a reduction across 40 airports beginning Friday. Here’s what travelers need to know. Source link
Alibaba-backed Moonshot releases its second AI update in four months as China’s AI race heats up
The Chinese AI startup on Thursday released its newest “Kimi K2 Thinking” artificial intelligence model. Source link
Nancy Pelosi won't seek reelection to Congress
Pelosi, who represented California for decades, made history as the first female speaker of the House of Representatives. Source link
Peloton recalls 833,000 more bikes over seat post issue, two injuries reported
Peloton is again doing a recall after receiving reports that the seat post on its original Bike+ model detached and broke during use, leading to two injuries. Source link
Google's rolling out its most powerful AI chip, taking aim at Nvidia with custom silicon
Google says Ironwood, the seventh generation of its Tensor Processing Unit, is more than four times faster than its predecessor chip. Source link
Job cuts in October hit highest level for the month in 22 years, Challenger says
Job cuts for October totaled 153,074, a 183% surge from September. Source link
Nvidia's Jensen Huang softens his ‘China will win the AI race’ remark to FT
Nvidia CEO Jensen Huang reportedly told the Financial Times that “China is going to win the AI race,” before releasing a notably softer statement soon after. Source link