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Exclusive-Trump AI task force leaders to meet on Thursday, vice chair says

By Courtney Rozen WASHINGTON, Oct 8 (Reuters) – The four leaders of US President Donald Trump’s AI task force are slated to meet on Thursday, task force vice chair Scott Kupor told Reuters, adding that he expects the full committee to convene next week as pressure builds on Washington to take action

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Exclusive-Trump AI task force leaders to meet on Thursday, vice chair says
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New Charges Expected Against Maduro

(New York, NY) — Former Venezuelan President Nicolas Maduro and his wife are expected to be hit with new charges this morning. They’ve been held in New York since their capture by U.S. forces at the beginning of the year. Several outlets are reporting that federal prosecutors could announce charges

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Otter-like critter swam lakes and rivers in the age of dinosaurs

By Will Dunham Oct 8 (Reuters) – About 165 million years ago, a furry critter that swam like a platypus, hunted like an otter and had a tail similar to a beaver’s frolicked in the lakes and rivers of what is now China pursuing fish and salamanders, the oldest-known example of a semiaquatic lifestyle

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Otter-like critter swam lakes and rivers in the age of dinosaurs
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Spotify renews multiyear deal with podcaster Joe Rogan

Oct 8 (Reuters) – Spotify said on Thursday it had signed a new multiyear licensing agreement with podcaster Joe Rogan for “The Joe Rogan Experience”, extending a partnership that began in 2020. The renewal has similar terms to Rogan’s previous deal, which carried an estimated earnout of $250 million

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Spotify renews multiyear deal with podcaster Joe Rogan
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Securitize launches blockchain-based stocks

By Hannah Lang Oct 8 (Reuters) – Digital asset company Securitize is launching blockchain-based tokenized stock trading in major listed companies like Apple, Nvidia and Microsoft, with tokens backed by underlying shares, the company said on Thursday. • Securitize will initially launch its tokenized

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Amazon launches first Android tablets, raising prices and incorporating Alexa

By Greg Bensinger SAN FRANCISCO, Oct 8 (Reuters) – Amazon on Thursday unveiled a slate of higher-end tablets that for the first time feature its Alexa+ voice assistant and run on Google’s Android operating system, a bet that consumers will pay more for premium devices after years of focusing on the

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Amazon launches first Android tablets, raising prices and incorporating Alexa
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ASML, Zeiss say next-generation chipmaking technology may be ready in 10 years

By Toby Sterling AMSTERDAM, Oct 8 (Reuters) – A successor to ASML’s most advanced chipmaking machine could be ready in about 10 years, engineers for the company and its optics partner Carl Zeiss said in a peer-reviewed paper. The tool, dubbed “Hyper NA”, would print smaller circuitry while re-using

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ASML, Zeiss say next-generation chipmaking technology may be ready in 10 years
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GlobalFoundries to make key AI chip component for TSMC in $2 billion deal

Oct 8 (Reuters) – GlobalFoundries on Thursday said it has reached a $2 billion agreement to make a key component used to link AI processors and memory chips for TSMC at its New York facility. Known as a silicon interposer, the component sits beneath processors and memory chips inside advanced AI pac

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GlobalFoundries to make key AI chip component for TSMC in $2 billion deal
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USTR Greer says US “holding fast” on trade stance with Canada

WASHINGTON, Oct 8 (Reuters) – US Trade Representative Jamieson Greer said on Thursday the US is sticking to its stance in trade talks with Canada, saying a recent election in Quebec province is preoccupying Ottawa. “We speak with our Canadian counterparts frequently, including at the highest levels.

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USTR Greer says US “holding fast” on trade stance with Canada
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Exclusive-US farm debt is at a record. Official data might be undercounting it

By P.J. Huffstutter CHICAGO, Oct 8 (Reuters) – American farmers are borrowing more money than ever before to operate — but the rise in non-traditional and vendor credit has created some gaps in the federal government’s current ability to measure and track farm debt, US Department of Agriculture offi

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Exclusive-US farm debt is at a record. Official data might be undercounting it
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UK’s ASOS says breach exposed some customer personal data

Oct 8 (Reuters) – British online fashion retailer ASOS said on Thursday that a cybersecurity breach earlier this week had exposed some customers’ personal information, including names and contact details, according to its investigation. They also had access to certain non-personal account-related in

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UK’s ASOS says breach exposed some customer personal data
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AI use lifts participation in WorldQuant contest

Oct 8 (Reuters) – Hedge fund WorldQuant said on Wednesday registrations for this year’s flagship global quant research contest have almost doubled from a year earlier, as increased adoption of AI has helped more university students build trading models. Here are more details: • The International Qua

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AI use lifts participation in WorldQuant contest
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Swiss pension fund hit by data leak after cyber attack on software provider

ZURICH, Oct 8 (Reuters) – Swiss federal pension fund Publica said on Thursday it was exposed to a data leak after an external software provider suffered a cyber attack at the end of September. • Publica, which manages pensions for Swiss federal employees and affiliated organisations, said the compan

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Swiss pension fund hit by data leak after cyber attack on software provider
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Tencent mulls $5 billion bond sale to push AI ambitions, Bloomberg News reports

Oct 8 (Reuters) – Tencent is considering raising up to $5 billion via an offshore bond sale, Bloomberg News reported on Thursday, as the Chinese technology giant ramps up spending on AI and computing infrastructure in line with its peers. Here are the details: • The bonds could be issued in US dolla

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Tencent mulls $5 billion bond sale to push AI ambitions, Bloomberg News reports
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Manus raises more than $500 million after Meta exit

Oct 8 (Reuters) – Butterfly Effect, the parent company of AI startup Manus, said on Thursday it completed a funding round of more than $500 million as the firm resumed independent operations after unwinding Meta’s $2 billion-plus acquisition. The round was co-led by Boyu Capital and IDG Capital, wit

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Manus raises more than $500 million after Meta exit
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France’s Sesterce plans $11 billion AI investment in Finland

OSLO, Oct 8 (Reuters) – French AI infrastructure group Sesterce said on Thursday it plans to develop a data centre site in Finland costing more than €10 billion ($11.21 billion), the latest in a series of foreign technology investments in the Nordic country. • The first phase, with works planned to

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TSMC’s third-quarter revenue surges 50% y/y, beating market forecast

TAIPEI, Oct 8 (Reuters) – TSMC, the world’s largest contract chipmaker, reported on Thursday record third-quarter revenue of T$1.49 trillion ($46.71 billion), beating the market forecast and up 50% on the year-earlier period due to surging demand for AI applications. An LSEG SmartEstimate, drawn fro

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TSMC’s third-quarter revenue surges 50% y/y, beating market forecast
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Amazon makes fresh job cuts, mainly in retail division

By Greg Bensinger SAN FRANCISCO, Oct 7 (Reuters) – Amazon confirmed on Wednesday it had cut what it said were a small number of jobs, primarily in its Stores unit which oversees the main e-commerce website. The layoffs to its retail unit coincide with one of Amazon’s biggest shopping days, which it

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Amazon makes fresh job cuts, mainly in retail division
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Bezos says Blue Origin likely to pursue IPO in coming years

Oct 7 (Reuters) – Blue Origin is likely to pursue an initial public offering in the coming years, billionaire founder Jeff Bezos said on Wednesday, after the space company raised $10 billion from outside investors for the first time in a funding round. “I think, someday, Blue Origin will have an IPO

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Bezos says Blue Origin likely to pursue IPO in coming years
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CrowdStrike says China-based suspect used AI tools in South Korean bank hacks

By Kyu-seok Shim and Brenda Goh SEOUL, Oct 8 (Reuters) – The suspect behind recent cyberattacks targeting South Korea’s financial sector may be a 26-year-old based in China’s Guangdong province who used a Chinese-developed AI agent tool called ARTEX and Anthropic’s Claude Code, US cybersecurity firm

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Samsung Q3 profit jumps nearly nine-fold as AI memory boom lifts chip earnings

By Heekyong Yang and Joyce Lee SEOUL, Oct 8 (Reuters) – Samsung Electronics on Thursday projected a nearly nine-fold jump in third-quarter operating profit from a year earlier, beating analysts’ estimates as booming demand for artificial intelligence chips drove strong memory earnings. The world’s l

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Samsung Q3 profit jumps nearly nine-fold as AI memory boom lifts chip earnings
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TikTok gave teens, children placebo safety feature in experiment, New York alleges

By Diana Novak Jones Oct 7 (Reuters) – TikTok ran an experiment on thousands of users who tried to turn on a safety feature on the platform, giving them non-functional versions of the tool, according to allegations in New York’s lawsuit against the company unsealed on Wednesday. In the so-called “gh

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TikTok gave teens, children placebo safety feature in experiment, New York alleges
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Applied Digital’s revenue soars, loss widens on growing AI investments

Oct 7 (Reuters) – Applied Digital’s first-quarter revenue more than quadrupled, while its net loss widened from a year earlier as the company stepped up investments to meet growing demand for data center services. Shares of the Dallas, Texas-based company, which develops and operates data centers to

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