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DOJ arrests two, seizes 187 devices in North Korean laptop farm crackdown in Texas

By AJ Vicens Oct 13 (Reuters) – The US Department of Justice on Tuesday announced the arrests of two Americans accused of helping North Korean IT workers to steal identities and obtain fraudulent employment at US companies to earn money for the North Korean government. The agency announced the arres

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DOJ arrests two, seizes 187 devices in North Korean laptop farm crackdown in Texas
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Tighter AI data access could cost Germany €155 billion a year, ifo says

By Cian Muenster and Leo Marchandon Oct 13 (Reuters) – Germany risks losing €155 billion ($173.43 billion) in additional annual value added if access to AI training data is tightened, the ifo economic institute said on Tuesday. The findings come as European policymakers and technology companies seek

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Tighter AI data access could cost Germany €155 billion a year, ifo says
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Bomb Threat Forces Evacuation of Delta Flight After Landing in Israel

A Delta Air Lines flight from New York to Tel Aviv was evacuated after landing in Israel on Tuesday morning following a bomb threat that prompted authorities to move the aircraft to an isolated area and launch security checks. Brought to you by www.srnnews.com

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AI limiting European workers’ bargaining power, ECB’s Lane says

FRANKFURT, Oct 13 (Reuters) – The increased use of AI by euro zone companies could curb workers’ ability to demand higher wages while heavy investment into the new technology may be materially tightening financing conditions, ECB chief economist Philip Lane said on Tuesday. With inflation now runnin

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AI limiting European workers’ bargaining power, ECB’s Lane says
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US sanctions Mexican cartel CDN’s horse-racing, business network

MEXICO CITY, Oct 13 (Reuters) – The US Treasury Department on Tuesday sanctioned four people and 11 entities tied to the Cartel del Noreste (CDN), targeting a business network spanning horse racing, construction, trucking and the energy sector that Washington says helped finance the Mexican criminal

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US sanctions Mexican cartel CDN’s horse-racing, business network
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Google launches flagship AI model Gemini 4 Argon for developers, businesses

Oct 13 (Reuters) – Alphabet’s Google on Wednesday released its flagship AI model Gemini 4 Argon to developers and businesses worldwide, seeking to regain ground against rivals OpenAI and Anthropic after months of delays and a leadership shakeup at its DeepMind lab. The model excels at “deep work” on

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Google launches flagship AI model Gemini 4 Argon for developers, businesses
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Goldman CEO watching for election-driven volatility around data centers

By Saeed Azhar and Pritam Biswas NEW YORK, Oct 13 (Reuters) – Goldman Sachs CEO David Solomon said on Tuesday it would be interesting to watch for political volatility around AI centers ahead of midterm elections. Speaking at an analysts’ call for quarterly earnings, he also said as the financing ne

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Goldman CEO watching for election-driven volatility around data centers
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US chip stocks extend slide as China memory report, AI spending jitters hit sector

Oct 13 (Reuters) – Shares of US chipmakers dropped on Tuesday, with memory-related companies leading losses as reports of a technology advance by China’s CXMT stoked competition fears and added to jitters over AI spending in a sector that has rallied sharply this year. The broader Philadelphia chips

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US chip stocks extend slide as China memory report, AI spending jitters hit sector
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Most people do not believe in the virgin birth

(SRN NEWS)-According to a poll from the American Bible Society, only 49% of adults say they believe Christ was at least probably born of a virgin. ABS says that’s the first time in years of polling that the percentage has slipped below half. In fact, various surveys have indicated that belief in the

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An Iowa city reconsiders its invocation policy

(SRN NEWS)-Officials in Ottumwa allow people of all faiths to offer the invocation at city council meetings and earlier this month a member of the Satanic Temple did so, concluding his prayer with the words “hail Satan”. Some of the council members looked visibly uncomfortable and public outrage fol

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Some pastors are making less money these days

(SRN NEWS)-According to a new study released by LifeWay Research and Guidestone Financial, most senior pastors in Southern Baptist churches have seen their pay packages and healthcare cut back over the past two years. LifeWay spokesman Scott McConnell says “Many churches are feeling the financial pr

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As EU debates local-content rules, Chinese automakers are already adapting

By Nick Carey and Rachel More PARIS, Oct 13 (Reuters) – As Europe debates new local-content rules aimed at boosting local manufacturing, Chinese automakers are already building factories and supply chains across the continent, getting ahead of the measures before they have even been finalised. The E

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As EU debates local-content rules, Chinese automakers are already adapting
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Influential Hindu group urges India to block Starlink amid Musk-Ambani feud

By Munsif Vengattil BENGALURU, Oct 13 (Reuters) – An influential Hindu nationalist group close to India’s ruling party urged the government on Tuesday to block Elon Musk’s Starlink from launching satellite internet services in the country, citing national security concerns. Starlink’s four-year wait

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Influential Hindu group urges India to block Starlink amid Musk-Ambani feud
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Meta challenges UK online safety watchdog over how fees and fines are calculated

By Paul Sandle LONDON, Oct 13 (Reuters) – Facebook and Instagram owner Meta challenged Britain’s media regulator on Tuesday over how it calculates fees and potential fines under the Online Safety Act, arguing that the watchdog’s methods are disproportionate. The 2023 law allows Ofcom to impose fines

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Meta challenges UK online safety watchdog over how fees and fines are calculated
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US grocer Albertsons pulls annual outlook, accelerates turnaround efforts

By Sanskriti Shekhar Oct 13 (Reuters) – Albertsons withdrew its fiscal 2026 forecasts on Tuesday and launched a review of its business aimed at cutting costs, lowering prices and reversing sluggish sales. The US grocer has battled cautious consumer spending, particularly by lower-income shoppers, as

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US grocer Albertsons pulls annual outlook, accelerates turnaround efforts
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Daily Mirror publisher Reach hit by Google traffic slump

Oct 13 (Reuters) – Daily Mirror publisher Reach said on Tuesday digital revenue remained under pressure in the third quarter, and that it remained cautious about the segment’s full-year outlook as industry-wide disruption weighed on audience traffic from Google. • News publishers are navigating fall

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Analysis-‘Brutal session’ for chip stocks shows AI trade is turning

By Tom Westbrook SINGAPORE, Oct 13 (Reuters) – A selloff in AI supplier shares on Tuesday is the strongest sign to date that the mood on the trade of the decade is shifting, with worries rising interest rates could scupper a spending spree bigger than America’s historic railroad boom. Nearly four ye

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Analysis-‘Brutal session’ for chip stocks shows AI trade is turning
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Cyberattack affected 80 stores of French supermarket chain Co-Operative U

PARIS, Oct 13 (Reuters) – French supermarket chain Co-Operative U had 80 of its stores – out of an overall group total of 2,000 – affected by this week’s cyberattack, said company head Dominique Schelcher on Tuesday. “It affected a minority of our stores,” he told RTL radio. He said he could not pre

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Cyberattack affected 80 stores of French supermarket chain Co-Operative U
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NATO fund targets drone defence technologies as Ukraine reshapes priorities

By Alicja Surdy and Marta Maciag Oct 13 (Reuters) – Russia’s invasion of Ukraine is reshaping NATO’s defence technology priorities, with counter-drone systems and space-based surveillance emerging as some of the alliance’s most urgent capability gaps, the head of the NATO Innovation Fund told Reuter

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NATO fund targets drone defence technologies as Ukraine reshapes priorities
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South African fashion retailer Foschini Group’s UK arm hit by cyber incident

Oct 13 (Reuters) – South African fashion retailer The Foschini Group said on Tuesday it was investigating a recent cybersecurity incident at its UK operations, affecting its Phase Eight, Hobbs and Whistles brands. Some details from company statement: • The company’s UK operations detected a cybersec

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South African fashion retailer Foschini Group’s UK arm hit by cyber incident