Business News

  1. Sam Altman says OpenAI has $20B ARR and about $1.4 trillion in data center commitments  TechCrunch
  2. Trump AI czar Sacks says ‘no federal bailout for AI’ after OpenAI CFO’s comments  CNBC
  3. Why OpenAI went into crisis PR mode Thursday  CNN
  4. OpenAI’s Sam Altman backtracks on CFO’s government ‘backstop’ talk  NBC News
  5. OpenAI discussed government loan guarantees for chip plants, not data centers, Altman says  Reuters

Source: Business News

Mang. Const.

NMS Consulting and NMS Capital Group Form Saliba Group, Continuing 130-Year Legacy in Construction and Engineering  Yahoo Finance
Source: Mang. Const.

Business News

  1. US stock market values tumble amid reports of high layoffs and hiring freezes  The Guardian
  2. Dow closes lower by nearly 400 points, Nasdaq drops 1.9% as AI stocks resume their decline  CNBC
  3. Big Tech drags down S&P 500 amid jitters over highly valued stock market  MarketWatch
  4. Dow stumbles and tech stocks slide as volatility picks up on Wall Street  CNN
  5. Stock market today: Dow, S&P 500, Nasdaq fall as Nvidia leads AI trade lower, jobs jitters reignite  Yahoo Finance

Source: Business News

Business News

  1. France says EU must investigate Shein over sex dolls, weapons  Reuters
  2. France Blocks Orders From Shein as It Expands Its Crackdown  The New York Times
  3. Shein: France urges EU sanctions over ‘childlike’ sex dolls  DW
  4. France moves to suspend Shein over sex dolls and weapons on day Paris store opens  Reuters
  5. France threatens to block Shein over sale of childlike sex dolls ahead of Paris store opening  AP News

Source: Business News

Business News

  1. US layoffs for October surge to two-decade high, Challenger data shows  Reuters
  2. October Challenger Report: 153,074 Job Cuts on Cost-Cutting & AI  Challenger, Gray & Christmas, Inc.
  3. AI wreaks havoc on US jobs with two-decade high 150K cut in October – bringing 2025 total to 1M: report  New York Post
  4. Last month marked worst October for layoffs in more than 20 years: Challenger  Yahoo Finance
  5. Layoff announcements surged last month: The worst October in 22 years  CNN

Source: Business News

Technology News

  1. Square Enix Undergoes Mass Layoffs As It Reorganizes to Consolidate Development in Japan  IGN
  2. Square Enix Lays Off Staff In Global Restructuring  Bloomberg.com
  3. Square Enix says it wants generative AI to be doing 70% of its QA and debugging by the end of 2027  Video Games Chronicle
  4. Square Enix announces mass layoffs as “restructuring” plan pulls development from “overseas”  GamesIndustry.biz
  5. Square Enix keeps working on its rebooth phase focusing on quality and going multi-platform  Instant Gaming News

Source: Technology News

Business News

  1. Trump, long fixated on ‘fat drug,’ announces deal to lower its price  The Washington Post
  2. Certain obesity drugs will cost as little as $149 and Medicare will start covering them under White House deals  CNN
  3. President Trump on Lowering Price of Weight Loss Drugs  C-SPAN
  4. White House strikes deals for lower prices on obesity drugs  NPR
  5. Trump to slash cost of fat jabs by two thirds  The Telegraph

Source: Business News

Business News

  1. Goldman Sachs promotes 638 people to managing director. See all the names here  Business Insider
  2. Goldman Taps Lowest Share of Female MDs Since Solomon Became CEO  Bloomberg.com
  3. Goldman Sachs Promotes 638 Employees to Managing Director Role  The Wall Street Journal
  4. Goldman Sachs promotes seven in Emea wealth team to MD  Financial News London
  5. Goldman Promotes 638 to Managing Directors, Highest Since 2021  US News Money

Source: Business News

Technology News

After Russian spaceport firm fails to pay bills, electric company turns the lights off  Ars Technica
Source: Technology News