world
AI is driving huge productivity gains for large companies while small companies get left behind
Artificial intelligence is widening the productivity gap between the large and small companies, furthering the ‘K-shaped economy’ phenomenon. Source link
Airbnb wants to help hosts prevent Halloween parties in the U.S. and Canada
Airbnb will take a number of factors into consideration to block reservations it deems higher risks of being used for Halloween parties. Source link
Tesla risks losing CEO Musk if $1 trillion pay package isn't approved, board chair says
Tesla Board Chair Robyn Denholm said Elon Musk is key to the future of the EV maker as it focuses more on Full Self Driving and Optimus. Source link
Qualcomm announces AI chips to compete with AMD and Nvidia
The AI200, expected in 2026, and the AI250, planned for 2027, both can come in a system that fills up a full, liquid-cooled server rack, Qualcomm said. Source link
Sidelined Russia flexes muscle with missile launch — and Trump is not impressed
Russia boasted about the testing of an “invincible” nuclear-powered missile. Trump said Moscow should focus on ending the war instead. Source link
Global stocks rally as investors are upbeat on U.S.-China trade pact prospects
Global markets rallied at the start of the week as investors were buoyed by growing optimism that the U.S. and China are nearing an agreement on trade. Source link
Saudi Arabia poised to become AI data center hub, says Groq CEO
Jonathan Ross, the CEO of AI chip company Groq, told CNBC that the Middle East is “the ideal place” for data centers. Source link
Rare earth stocks tumble as U.S. expects China to delay export controls
Shares of U.S.-listed rare earth miners fell on Monday as U.S. officials said they expect China to delay introducing export controls on critical minerals Source link
Bars and coins steal the shine from jewelry as Indians splurge up to $11 billion on gold this Diwali
Indians bought up to $11 billion of gold in the Diwali week. But more gold was sold in the form of coins and bars than jewelry. Source link
Trump says U.S., China close to trade deal ahead of Xi talks, TikTok decision
U.S. President Donald Trump launched a whirlwind weeklong trip to Asia aimed at strengthening his position ahead of an expected meeting with Xi Jinping. Source link