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Threat of AI share crash puts world financial stability at risk, says IMF
The IMF warns that an AI share price crash poses significant risks to global financial stability, with elevated valuations and rising debt levels among artificial intelligence companies creating potential for widespread market turmoil.
Poundland in rescue talks as owners seek buyer
Poundland, a UK and Ireland retailer with 600 stores and 12,000 employees, is in rescue talks seeking a buyer after recent ownership transitions and operational challenges.
Ukraine war briefing: Trump and Zelenskyy’s public tussle over Russian fuel deal worsens
Donald Trump called for Zelenskyy’s replacement and struck a deal allowing Russian fuel exports, prompting sharp disagreements over Ukraine peace negotiations and military strategy.
‘Stab to the heart’: arrest of German ex-spymaster sparks calls for reform
August Hanning, former head of Germany’s foreign intelligence service, has been arrested and charged with espionage for allegedly passing classified documents to foreign powers over 12 years, marking a significant breach in postwar Western intelligence.
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US woman falsely charged with bank theft sues for $10m over AI facial recognition
A Tennessee woman falsely charged with bank theft in North Dakota after AI facial recognition wrongly identified her has filed a $10 million lawsuit against Fargo police.
Trump to create ‘AI Force’ to monitor technology as fears over out-of-control agents grow
President Trump announced plans to establish an AI czar position and create an “AI Force,” stating the government will not hinder the industry’s growth while characterizing safety concerns as a political hoax.
Baby born via surrogate can leave Texas for treatment in California, court rules
A Texas court has authorized the relocation of a month-old infant with a severe heart condition from Texas to California for specialized medical treatment, overruling the surrogate mother’s objection.
Gavin Newsom signs election security bills to thwart federal interference by Trump
California Governor Gavin Newsom signed a package of election security bills, including measures extending mail-in voting drop-off hours and making ballot seizure a felony.
As White House shields the AI gold rush, Trump family and other allies strike it rich – with few guardrails
Trump’s family members and allies have secured billions in Pentagon contracts and AI infrastructure deals while the administration resists new AI regulations, drawing scrutiny from ethics watchdogs and Democratic lawmakers.
Leftists make waves and Trump flexes muscles: US primary season takeaways
Primary season concluded with Democrats leading polls amid economic anxieties and a war with Iran, while leftist candidates made significant gains in House primaries and Trump successfully backed candidates aligned with his agenda.
Inaudible sounds used to fingerprint browsers catch AliExpress red-handed
Chinese e-commerce platform AliExpress was discovered using an outdated browser fingerprinting technique involving inaudible audio signals to track visitors, though modern browsers have largely mitigated this method.
Claude, Codex, and Hermes installed unowned code inside corporate networks
Over 100 websites contain misconfigured files directing AI agents to install non-existent code packages, with Fortune 500 companies among those executing proof-of-concept malware.
Authorities arrest 2 alleged members of prolific hacking group TeamPCP
Australian authorities arrested two men accused of membership in TeamPCP, a hacking group that compromised over 1,000 organizations through supply-chain attacks involving malicious software.
VMware migration reduces Tottenham Hotspur’s licensing fees by 85 percent
Tottenham Hotspur has reduced its virtualization licensing fees by over 85 percent after migrating from VMware to Hewlett-Packard Enterprise solutions, according to the club’s CTO.
Amazon to launch Ring ‘neighbourhood watch’ app in UK amid US privacy fears
Amazon’s Ring doorbell company is launching its Neighbours community app in the UK on 21 October, offering a moderated platform for neighbours to discuss local safety, community matters, and lost pets.
Snapchat open to putting time limits on teens, boss tells BBC
Snapchat’s parent company says it would be willing to implement time limits for teen users, following pressure from Meta to adopt changes from its recent settlement with US states.