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India’s EloElo nabs $80M from NBCUniversal to bet on the country’s rising microdrama market
StoryTV has more than 33 million monthly active users according to Sensor Tower figures
iPhone 18 Key Specifications Leaked by Tipster Ahead of 2027 Launch; May Get a Price Hike
Following the launch of the iPhone 18 Pro series and the iPhone Duo in September, Apple’s focus is now expected to shift to the vanilla iPhone 18. The standard model is rumoured to debut early next year as part of the Cupertino-based tech giant’s staggered launch strategy. While Apple has yet to confirm any details, a tipster has hinted at key specifications of th...
Treasury yields fall as investors crowd into bonds for safety amid election stock sell-off
Treasury yields fell on Tuesday night, as investors sought shelter from a sell-off in equity futures sparked by big victories from Democrats in the U.S. midterm elections.
Yau highlights benefits of RCEP accession for HK
Secretary for Commerce and Economic Development Algernon Yau said Hong Kong's entry into the Regional Comprehensive Economic Partnership could inject fresh impetus into advancing the Free Trade Area of the Asia-Pacific (FTAAP) agenda. "We welcome the establishment of the Accession Working Group for Hong Kong in September this year, and hope that our accession could inject fresh impetus into advancing the FTAAP agenda," he said during a virtual meeting at the 37th Asia-Pacific Economic Cooperation (Apec) Ministerial Meeting held on Tuesday. Yau said that enhancing economic integration has been the core objective of Apec, and that one of the directions is to continue to advance the FTAAP. He called on member economies to continue to strengthen connectivity in various areas, enabling the efficient flow of goods, services, capital and people, while narrowing development gaps and creating opportunities for all sectors across the region. Yau also stressed that the multilateral trading system must remain the foundation of regional integration and international trade, highlighting the importance of enhancing co-operation to deal with the seismic changes in the trade landscape. Edited by Edmond Fong
HK offers businesses growth and capital: FS
Financial Secretary Paul Chan said Hong Kong is well-placed to provide businesses with both growth opportunities and long-term capital. The finance chief made his remarks on Wednesday during a conversation session with investors on the second day of the Global Financial Leaders' Investment Summit in Central. Chan noted that a company needs different forms of capital at each stage of development to turn its potential into sustained growth. This, he said, is exactly where Hong Kong comes into play. “Under the 'One Country, Two Systems' framework, Hong Kong is closely connected to the Chinese mainland, while a common law legal system, free flow of capital and international networks provide a trusted and familiar environment for global investors to take part in China's enormous growth,” Chan said. “Here, we already bring together venture capital, private equity, family offices and asset managers, with deep equity and bond markets. Our task is to connect them more closely across the corporate life cycle.” He said follow-on fundraising on the Hong Kong Stock Exchange reached HK$570 billion in the first nine months of the year, showing that the city’s market continues to support companies well beyond their initial listings. Chan also said the aim is to expand allocation choices to help investors manage risks and liquidity in support of long-term value creation. Hong Kong will keep raising its market efficiency with faster approvals, streamlined processes and clearer frameworks for new financial products – all without compromising its integrity, he added. Edited by Edmond Fong
Hong Kong stocks open lower
The Hang Seng Index opened lower on Wednesday, dropping 74 points, or 0.32 percent, at 23,451. Mainland stocks opened mixed, with the benchmark Shanghai Composite Index down 0.08 percent at 3,605 and the Shenzhen Component Index 0.17 percent higher at 10,895. Meanwhile, Japan's Nikkei plummeted more than 3 percent and the US dollar slid, with markets anxiously watching the results of the US midterm elections. (Xinhua/AFP) Edited by Edmond Fong
Anthropic is working on a system to prove AI models’ identity
Called FlashProve, the system would let anyone check that an AI response really came from the model it claims to be from.
Data centers are turning to old jet engines as the wait for power grows
The years-long wait for access to the grid and new turbines is causing data center builders to turn to an unusual, less-efficient and less environmentally friendly solution: once-discarded jet engines.
US stocks end mostly up as markets wait on midterms
Wall Street stocks finished mostly higher on Tuesday as oil prices continued to pull back, while markets awaited results from US midterm elections that could reshape US President Donald Trump's final two years in office. Crude prices, which fell sharply on Monday on revived talk of US-Iran peace prospects, fell modestly hours after Trump insisted that a deal with Tehran "could happen," with traders also citing unconfirmed Middle East media reports saying progress on Iran's nuclear programme and frozen funds had been made. The prospect of easing energy costs helped Wall Street steady after several sessions of losses, in particular on the tech-heavy Nasdaq, which enjoyed a positive session after three straight declines. "Stocks are recovering from yesterday's bearish afternoon reversal even as the odds of a blue sweep have risen throughout the past few hours," said a note from Jose Torres of Interactive Brokers. "The fact that equities are advancing in light of the Democrats being likely to win majority control across both chambers of Congress signals that a near-term bottom could be behind us, since an overall flip was the most feared outcome." Americans voted on Tuesday with Democrats hoping to seize control of Congress and impose the first significant checks on Trump's tumultuous second term in the White House. The election amounts to a nationwide judgement on his policies, with the mood turning sharply against Republicans amid anger over soaring living costs and the war against Iran. Earnings reports from titans including Amazon, Alphabet, Meta and Microsoft have shown they plan to keep pouring hundreds of billions of US dollars into data centres and chips even as investors grow impatient for returns. Monday saw Apple post forecast-topping sales and profits but it warned that increasing memory chip costs would hit its profit margins in the coming months. Shares in Apple shed 1.9 percent. But shares in AI chipmakers Nvidia and AMD both climbed, along with AI data centre operator CoreWeave. In Europe most stock indices ended little changed, with London's FTSE falling under the weight of its oil and gas firms like BP and Shell. "A sharp decline in crude oil prices – triggered by remarks from US President Donald Trump regarding potential adjustments to overseas financial support – put heavy pressure on index energy heavyweights," said Patrick Munnelly at Tickmill. The Nasdaq rose 0.8 percent, to 25,372, the S&P 500 rose 0.4 percent, to 7,569, while the Dow fell 0.4 percent, to 51,787. (AFP) Edited by Robert Kemp
Yet another rare sea turtle nest discovered in Southern California, this time in Ventura
The olive ridley sea turtle nest is the third one ever documented on the nation's West Coast.
Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom
Cybersecurity-focused Ballistic Ventures is seeking to raise $360 million for a new flagship fund and another $130 million for a separate investment vehicle.
Hiding inside Palantir’s skyrocketing quarter is a foreboding signal
Palantir's U.S. commercial revenue surpassed U.S. government revenue for the first time ever.
Orbital Matter 3D-printed the first rigid beam in the vacuum of space
An in-space construction first could be an enabler for the space data centers of the future.
The Soaring Cost of Diesel Is Bankrupting Small Trucking Companies
For small trucking firms operating with little margin for error, high fuel costs can make the difference between survival and bankruptcy.
Voting Problems Cause a Surge in Misleading Fraud Claims Online
Mentions of “cheat,” “steal,” “rig” and similar terms spiked on X this morning as voting began.
Researchers warned of North Korean hacking tactics years before record $6.3B Binance heist
Cybersecurity experts have long warned of the persistent and patient threat from North Korea's long-running hacks. The world's largest crypto exchange was still caught off-guard.
AI inference startup Fal doubles its valuation to $16B as demand surges
The five-year-old startup raised a $1.3 billion round led by Bessemer.
Reddit tests ads in search results as traffic declines and growth concerns mount
The new ad placements could help Reddit squeeze more revenue from existing users as Google's AI search changes how people discover its content.
Ten years later, ‘Pokémon Go to the polls’ still haunts the internet
Hillary Clinton's 2016 political gaffe has become an irony-shrouded rallying cry for jaded young voters who still dare to hope for change.
Ferrari’s controversial Luce EV is sold out for 2027
The Luce, Ferrari's first electric car and one of its most polarizing models, is "fully allocated" through 2027, according to CEO Benedetto Vigna.
Netflix’s new AI Discover tab helps you find something to watch based on your mood
The first experimental feature under the tab will allow users to get recommendations based on what they're currently in the mood for.
Stock market after midterm elections: What S&P 500 history shows
Midterms historically precede a strong year for the S&P 500. What to know if Democrats win back Congress
CrowdStrike to shell out nearly $500M for 2 AI security startups as the market for securing agents takes off
CrowdStrike said it will buy Fiddler AI, which makes AI agent observability software, and Dreadnode, which helps companies automate AI security testing.
Anthropic is still grappling with the economics of compute
At a moment when Anthropic's compute margins should be getting better, they’re getting worse.
Rivian spinout Also was working on an e-moto project in Kenya — until it walked away
Also co-founder and president Chris Yu told TechCrunch that he wanted to prioritize autonomous vehicles.
Google will let schools disable its AI tools, but not without sacrificing Search
Schools choosing to restrict AI altogether will no longer be able to access Google Search, as AI features are now integrated into the search engine.
New York City’s Mamdani criticizes Madison Square Garden owner over surveillance tech
The mayor's comments come after the entertainment giant's data breach last year, which exposed James Dolan's surveillance.
Apple restricts dating apps and AI companions to users 18 and up
Apple's new App Store rules will require 18+ ratings for dating apps and AI companions that offer sexual or romantic content.
HP OmniBook 5, ProBook 4 G2iS AI PCs Launched in India: Price, Specifications
HP has introduced two 14-inch OLED laptops in India, with prices starting at Rs. 86,000 for the ProBook 4 G2iS and Rs. 1,09,999 for the OmniBook 5. The ProBook is listed with up to 32GB of RAM, 1TB of storage and a 70Wh battery, while the OmniBook weighs 1.16kg and claims up to 42 hours of local video playback. Both models use up to Intel Core 7 processors, but have d...
The TechCrunch Founder Summit agenda is only half the reason to be in Boston on November 4
On November 4, TechCrunch Founder Summit 2026 brings founders and VCs to Boston's SoWa Power Station for practical insights and connections. Register before prices increase at the door.
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