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America's largest banks are working to prevent AI worst-case scenarios. But they're also preparing for the "day after" a catastrophe, Axios has learned. Why it matters: America's financial institutions have joined the largest AI companies in scenario-planning for disaster, a prud

Listen to this article in summarized format The metal major’s revenue from operations increased nearly 21% YoY to Rs 54,486 crore during the quarter under review, from Rs 45,152 crore reported in the same period last year. The shares of the company however dropped around 3% to tr

AI - Torvalds: AI is fine for competent devs, but spare us the 'drive-by' patches Kernel maintainers stop asking who used AI, as long as the code is good - Nvidia woos wary Europeans with more open weights models New embedding, parsing, and reranking models promise smarter agenti

Hispanic voters helped bring Trump to power - in Texas, the tide may be turning - Published It was just before dawn in the Rio Grande Valley in Texas and the congregation were arriving for the Friday service at the tiny La Lomita Catholic Chapel. The whitewashed building, which h

Kazakhstan may not be the first place that comes to mind when thinking about the global artificial intelligence boom, but several Big Tech companies have taken interest — including Nvidia. Nvidia CEO Jensen Huang, who made his first visit to Kazakhstan on Friday, said the country

Kazakhstan may not be the first place that comes to mind when thinking about the global artificial intelligence boom, but several Big Tech companies have taken interest — including Nvidia. Nvidia CEO Jensen Huang, who made his first visit to Kazakhstan on Friday, said the country

The original Apple iPod debuted 25 years ago today — Steve Jobs’ $399 device fit 1,000 songs into a package the size of a deck of cards with 5 gigabytes of storage The chunky little original iPod packed a 1.8-inch Toshiba HDD, and used FireWire because the USB of the era was too

Meta expects capital expenditure of $135-145 billion in 2026 as it continues investing in AI infrastructure and developing new products, according to its third-quarter financial results released on October 21. The company says its AI investments are already generating additional

Listen to this article in summarized format Revenue from operations rose 45% to Rs 19,439 crore from Rs 13,457 crore in the corresponding quarter last year, the company said in a regulatory filing. The company reported an EBITDA or earnings before interest, tax, depreciation and

The quickest and most affordable response to historically high diesel prices is also the simplest: Use less of it. Why it matters: Diesel is so entrenched in farming, trucking and other industries that even soaring prices aren't enough — at least not yet — to prompt a wholesale s

The pan-European STOXX 600 index fell 0.13% to 636.50 points by 0718 GMT, extending losses after recording its biggest one-day decline in three weeks on Thursday. The benchmark was on track to post a weekly decline as investors assessed corporate earnings alongside mounting econo

French 10-year government bond yields climbed above 5% on Thursday to their highest level in 24 years, pushing the premium over benchmark German Bunds to nearly 180 basis points, the widest since the height of the euro zone debt crisis in 2011, the report stated. France's substan

Cyient’s Q2 FY27 performance reflected improving profitability in its Digital, Engineering and Technology (DET) business, even as organic revenue growth remained modest. The segment reported its highest EBIT in 10 quarters, with margins expanding to 14.2%, while technology order

In a post on X that garnered 6.5 million impressions, the company said it had demonstrated high-rate alchemy by turning mercury into real, stable gold, surpassing CERN's record by a factor of 10. The claim has renewed interest in a question that has intrigued alchemists for centu

New company backed by Anthropic and UK buyout group Hg will advise companies on how to deploy AI

President Donald Trump is asking voters to “pretend” he is on the ballot. That might backfire. New results from The POLITICO Poll show that Democratic midterm voters are more motivated to oppose the president than Republican voters are to support him. Many Republican voters also

Every week political cartoonists throughout the country and across the political spectrum apply their ink-stained skills to capture the foibles, memes, hypocrisies and other head-slapping events in the world of politics. The fruits of these labors are hundreds of cartoons that en

Can Evaporative Cooling in Data Centers Still Make Sense? Evaporative cooling is hard to defend on water-use grounds, but some operators still choose it for its lower upfront cost, higher efficiency, and dry-climate performance. Water use has surged to the top of the list of comm

President Donald Trump and his allies are mounting a last-minute mission to shore up his longtime personal friend in a battleground Arizona district. GOP groups have spent more than $22 million to boost Jay Feely against Democrat Amish Shah, with much of that spending coming in t

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Revenue from operations surged 145% YoY to a record Rs 2,529 crore from Rs 1,034 crore, while EBITDA jumped sixfold to Rs 846 crore from Rs 141 crore in the corresponding quarter last year. On a sequential basis, net profit rose 162% from Rs 197 crore in the June quarter, while r

The US is offering new support to Kenya and Nigeria in the wake of the African nations reporting a handful of new Ebola cases, as the virus spreads well beyond the initial site of the outbreak. “The United States is aware of reports of a Kenyan citizen who died of Ebola in Nairob

The Trump administration is steadily ratcheting up pressure on Iran with sanctions, but experts and former officials say the penalties thus far are having a limited effect on the Islamic Republic’s willingness to negotiate. Nate Swanson, who served as a State Department represent

NORWAY, Maine — Former West Virginia Sen. Joe Manchin thinks Sen. Susan Collins, R-Maine, should follow in his footsteps by leaving her party to become an independent. “She has to come to that conclusion, but she is independent,” Manchin, a former Democrat, told Semafor after joi

Could the Tesla-SpaceX merger that Elon Musk floated this week pose antitrust problems? One former Justice Department official told Semafor that the risks are real. Antitrust regulators view such “vertical” mergers as pro-competition, the official said — because they can make sup

House Minority Leader Hakeem Jeffries is heading to Texas this weekend as Democrats become increasingly confident that GOP-led gerrymandering could backfire in both the Lone Star State and in Florida. Jeffries will campaign with Johnny Garcia, who’s running a competitive race in

Brokerage firm PL Capital has initiated coverage on newly listed stock Sai Lifesciences, with a ‘Buy’ rating and a target price of ₹1,620 per share, seeing an upside potential up to 16% over the current market price of ₹1,394. PL Capital believes the company is well positioned to

Democrats in a pair of deep-red states are testing the religious right's dominance by putting their Christian faith at the center of their campaigns — potentially creating a template for the party to compete in similarly forbidding terrain. Why it matters: Upsets by Texas' James

Honasa Consumer, the parent company of Mamaearth, has elevated Vipul Maheshwari to Chief Product and Technology Officer (CPTO), effective October 23, 2026. Maheshwari was previously Executive Vice President of Product and Data and has been part of the company’s senior management.

The Signal Interview “When I came to Silicon Valley, we thought we were all making the world a better place,” Brian Chesky recalls, 19 years after he co-founded Airbnb. Now, he tells The CEO Signal, “Silicon Valley’s in a bubble, and society feels like AI is happening to them, no

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AI - Torvalds: AI is fine for competent devs, but spare us the 'drive-by' patches Kernel maintainers stop asking who used AI, as long as the code is good - Nvidia woos wary Europeans with more open weights models New embedding, parsing, and reranking models promise smarter agenti

The Sensex and Nifty fell over 1% each on Friday, while the Nifty Midcap and Nifty Smallcap indices plunged up to 4%. Bears dominated Dalal Street through the holiday-shortened week, with selling pressure intensifying on Friday as markets headed into the weekend. The plunge this

The U.S. Treasury Department on Thursday proposed to expand existing outbound investment restrictions out of national security concerns, in a move set to further decouple venture capital ties between the U.S. and China. The proposed regulation widens the scope to prohibit America

Unitree Founder Now Expects Robots Breakthrough as Soon as 2028 Takeaways by Bloomberg AI The founder of Unitree Robotics now expects a breakthrough in humanoids in as little as two years, a reversal for a Chinese entrepreneur who once predicted intelligent machines would take as

Drone technology startup Garuda Aerospace reported a strong 67% year-on-year revenue growth in FY26 while maintaining profitability, with net profit at Rs 26 crore as the Chennai-based company is preparing to go public soon as it recently received SEBI nod for Rs 1,000 crore IPO.

BBC presenter battles strong winds as Storm Austen hits Newquay Power cuts are affecting more than 9,000 homes in Cornwall and Devon as Storm Austen hits parts of the UK. A red warning is in place for Guernsey and Jersey, while Cornwall and parts of Devon are under an amber weath

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The Indian stock market witnessed an across-the-board selloff on Friday, 23 October, with the benchmarks, the Sensex and the Nifty 50, falling up to 1.4% during the session. However, the selloff was deeper in the mid- and small-cap segments. The BSE 150 Midcap index crashed 3.2%,

From its record high of Rs 4.27 lakh per kg earlier this year, the white metal has dropped nearly 55%, marking an absolute decline of around Rs 2.34 lakh. Nirpendra Yadav, senior research analyst at Bonanza, said silver ETFs were declining sharply in line with international price

Oct 23rd, 2026 The Forgotten Godmother of Economic Literature In 1776, the field of economics was born with the publication of Adam Smith's The Wealth of Nations. Among the book's earliest readers was a Regency-era novelist named Maria Edgeworth. In her time, Edgeworth was one of

Good Returns bet | Silver Rate Today | Silver Price Today: Following a slump in industrial demand for the precious white metal and a higher interest-rate regime limiting investment returns, the silver price today is under heavy selling pressure. The MCX silver rate today has deci

Swedish defense giant Saab reported better-than-expected third-quarter earnings and revenue on Friday, as new orders more than tripled from a year earlier, boosted by a deal to supply Gripen fighter jets to Ukraine. New orders came in at 65.8 billion Swedish kronor ($6.6 billion)

The AI startup could make its prospectus public as early as late October and is expected to begin marketing its shares to prospective investors during the week of November 9, people familiar with the matter told Reuters. The timeline remains subject to change. Read more: Japan’s

The central bank kept its benchmark interest rate unchanged this week, raised its overnight deposit facility rate, announced cuts to banks' reserve requirement ratios (RRR) and offered additional foreign exchange hedging discounts. The combination prompted some economists to ques

Ask a room of developers about agents today and you will get plenty of answers. Almost everyone has built one, and most have a demo they are proud of. The harder question is what happens after that, when the agent has to hold up against real customers, real data, and real consequ

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The Arm-Qualcomm verdict made headlines for its $2 award. The finding that matters more is about who controls the compliance tests a custom chip must pass before it can ship. The verdict nobody read closely On Oct. 13, a federal jury in Delaware delivered the second verdict in tw

Reliance Jio IPO: Reliance Industries-backed Jio Platforms has created a global record in the primary market, becoming the first initial public offering (IPO) worldwide to attract more than 1 crore applications. The landmark milestone was achieved on Friday, October 23, with four

The offering has surpassed the previous reported record of approximately 97 lakh applications received by Waaree Energies. Bajaj Housing Finance and BCCL were among the other Indian IPOs that set application records, attracting approximately 90 lakh applications. Demand for the J