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Disney weighs several thousand layoffs as managers told to cut costs by up to 20%
The cost-cutting push, reported ahead of Disney's November 17 earnings, would be the latest in a year of reductions under new leadership.
- Google will disable Search for schools that reject its AI features, sparking broad backlashGoogle's new school AI controls require schools to accept AI features or lose Search entirely, drawing criticism from educators and observers.9to5Google ยท +14 sources
- Binance says hackers used fake job interviews and an internal AI tool in $6.3B heistThe largest crypto theft to date combined social engineering and malware over months, with North Korean actors suspected.The Verge ยท +13 sources
- AMD stock jumps 8% as data center revenue nearly doubles on AI chip demandAMD beat expectations for Q3, with AI chip sales driving a near doubling of data center revenue.CNBC ยท +10 sources
- Meta raises $15 billion in five-part US bond saleThe large debt offering comes as Meta's borrowing costs draw attention amid heavy AI infrastructure spending.Reuters ยท +12 sources
- OpenAI hires Uber President Jill Hazelbaker as chief corporate affairs officerThe hire fills OpenAI's long-vacant communications leadership role as the company works to build public trust.OpenAI ยท +11 sources
- Hollywood backs NYT in AI copyright fight with OpenAI and MicrosoftIndustry groups are siding with the New York Times as it litigates AI training and copyright claims.Axios ยท +9 sources
- Anthropic works on FlashProve system to verify AI model identityThe system would let anyone check that an AI response actually came from the model it claims to be from.TechCrunch ยท +4 sources
- Fal doubles valuation to $16B in $1.3B round led by BessemerThe AI inference startup plans to spend the funding on more compute and staffing as demand surges.The Next Web ยท +8 sources
- US tech stocks recover after selloff over AI spending spooked investorsThe Nasdaq entered correction territory before rebounding, reflecting investor anxiety about the scale of AI capital spending.The Guardian ยท +13 sources
- Google will cut off Search access for schools that ban its AI toolsGoogle Search now integrates AI features, so schools that restrict the tools lose search access entirely.TechCrunch ยท +13 sources
- EU court adviser warns Google's AI chatbot may breach press copyright rulesA non-binding opinion from an advocate general could shape how EU copyright law applies to generative AI answers.Reuters ยท +4 sources
- US tech giants' hidden AI debt swells 90% to $3.2tn in 6 monthsOff-balance-sheet financing for AI infrastructure is growing faster than conventional debt disclosures suggest.Nikkei Asia ยท +1 sources
- OpenAI says GPT-6 Astra designed a hardware device from scratch in under a weekThe claim that an AI model handled enclosure, circuit board and firmware design would mark a step up in autonomous engineering.The Decoder ยท +14 sources
- Google reveals Gemini 4 Carbon, claiming narrow win over Claude Opus 5.5Google's latest frontier model is marketed as the least likely to hallucinate based on benchmark claims.Tom's Hardware ยท +9 sources
- China prepares new safety standards for AI firms after global lapsesBeijing is drafting broad guardrails covering AI safety as regulators worldwide tighten oversight.PYMNTS.com ยท +3 sources
- Who pays for AI's $2.6 trillion build-out? Corporate budgets under scrutinyThe AI infrastructure boom is leaning on corporate spending rather than the revenue it generates.Fortune
- Virgin Media O2 to cut thousands of jobs under plan targeting 800 million pounds in savingsThe UK telecom and media group is preparing a new strategic plan to simplify the business as it seeks 800 million pounds in cost savings.The Guardian ยท +13 sources
- Midterm exit polls show Trump at 38% approval, lowest for a president in a midtermThe early CBS News exit poll figure is the lowest for a president in a midterm since tracking began in 2006.Mediaite ยท +9 sources
- BAFTA unveils 2026 Breakthrough UK cohort of 21 rising creatives, backed by NetflixNow in its 13th year, the Netflix-supported talent program spotlights emerging UK creatives across film, television and games.Variety ยท +4 sources
- WWE and Disney expand partnership with two-day takeover of ESPN Wide World of SportsThe event features the John Cena Classic and a Marvel Studios 'Avengers: Doomsday'-themed Worlds Collide, deepening WWE's ties with Disney's sports and entertainment assets.Barrett Media ยท +13 sources
- Netflix adds AI-driven 'AI Discover' recommendation tab to its TV appThe feature starts with a subset of US subscribers watching in English on supported TVs, building on Netflix's earlier recommendation efforts.Thewrap ยท +14 sources
- Snap settles with two teens during trial over claims social media caused depression and eating disordersThe mid-trial settlement avoids a verdict in one of the first cases testing social media harm claims.Firstpost ยท +14 sources
- Roku beats on Q3, advertising revenue up 23%, offers no guidance ahead of Fox dealThe streaming platform's ad business grew even as it withheld guidance pending its deal with Fox.Benzinga ยท +5 sources
- Meta settles teen's social media harm claimsThe settlement addresses allegations that social platforms contributed to harm to minors.Movieguide ยท +14 sources
- Fal raises $1.3B at $16B valuation as AI inference demand surgesThe five-year-old generative media inference startup doubled its valuation in a round led by Bessemer, reflecting strong investor appetite for AI compute infrastructure.TechCrunch ยท +12 sources
- Salesforce acquires AI startup Cresta for $2.7BThe deal would be one of Salesforce's largest recent acquisitions, extending its agentic AI push into customer service software.The Information ยท +7 sources
- Hypersonica raises โฌ100M Series B to build hypersonic missiles for European defenseLightspeed and General Catalyst backed the British-German defense startup as European missile defense spending accelerates.Sifted ยท +13 sources
- Chinese startup DeepSeek's record $15.9B round lifts global venture funding to $59B in OctoberCrunchbase data shows October venture funding rose 45% year over year, driven largely by China's largest startup deal ever.Crunchbase ยท +1 sources
- UK chip startup Fractile raises about $700M at $6.5B valuationThe raise underscores continued investor enthusiasm for AI chip challengers despite heavy capital requirements.Blockchain Council ยท +4 sources
- FuriosaAI raises $620M Series D at $2.9B valuation for AI inference chipsThe Korean chipmaker is scaling production to compete in the rapidly growing inference silicon market.Bharat Fast ยท +5 sources
- Kalshi hits $40B valuation as capital flows into prediction marketsThe startup's soaring valuation reflects growing investor interest in prediction markets and adjacent fintech infrastructure.Benzinga ยท +6 sources
- Clinics On Cloud raises Rs 120 Cr Series A at Rs 600 Cr valuationThe healthcare infrastructure startup took outside funding after eight bootstrapped years, with Dubai-based Model42 leading.BW Disrupt ยท +12 sources
- AMD stock jumps 8% as Q3 data center revenue nearly doubles on AI chip demandAMD's blowout quarter reinforces that AI accelerator demand is broadening beyond Nvidia and is now driving the chip sector's earnings cycle.CNBC ยท +14 sources
- Apple stock falls after Q4 revenue of $114.5B as memory costs squeeze margin outlookApple's first earnings under CEO John Ternus disappointed on gross margin guidance as a global memory shortage feeds into costs.MarketWatch ยท +14 sources
- Democrats and Republicans battle for Congress as first midterm polls closeControl of the Senate and House is at stake in an election with wide implications for taxes, regulation, AI policy and energy.Ft ยท +14 sources
- Palantir stock tumbles despite earnings beat as Wall Street questions growthInvestors focused on growth durability concerns rather than the headline beat, making Palantir a test case for richly valued AI software names.Barron's ยท +14 sources
- Canva reorganization will affect 22% of its workforce, CEO memo saysThe restructuring at the design software company adds to a wave of AI-driven reorganizations across major technology employers.Business Insider ยท +7 sources
- Booking Holdings takes $1 billion hit to Q3 results tied to FTC actionThe charge shows how regulatory pressure on online travel platforms is now material enough to move reported earnings.Reuters ยท +6 sources
- Nasdaq ends higher as AI heavyweights rebound ahead of midterm resultsBig Tech strength lifted the index even as Apple fell, with markets positioning around the election outcome.The Business Times ยท +13 sources
- Analysts say Anthropic's Q3 results leave IPO math and history against itA lot must go right for investors to earn above-market returns even if Anthropic prices well below the $1.5T to $2T it is seeking.Fortune ยท +4 sources
- NASA's Swift space telescope to re-enter Earth's atmosphere after 22 years in orbitThe Neil Gehrels Swift Observatory, launched in 2004, is expected to burn up on reentry with officials calling the risk of debris harm unlikely.NASA Science (.gov) ยท +14 sources
- NASA asks industry for ideas on a commercial mission to save the Hubble Space TelescopeHubble remains healthy but is being dragged down by atmospheric drag, prompting NASA to study options to extend its mission beyond 2032 and avoid an uncontrolled reentry.Space ยท +14 sources
- Scientists find all five DNA and RNA nucleobases in samples from asteroid RyuguPristine asteroid material contains all the genetic letters used by life on Earth, adding to evidence that key prebiotic ingredients formed in space.Sciencedaily ยท +14 sources
- Webb telescope captures the Cat's Head Nebula 7,500 light-years from EarthThe James Webb Space Telescope imaged the nebula, whose dust structures resemble a cat's head and an outstretched hand.Live Science ยท +13 sources
- Dinosaur red blood cells recovered from a 115-million-year-old fossil in BrazilA leg bone from an Aratasaurus dinosaur preserved abundant three-dimensional red blood cells, a world-first find that could inform studies of dinosaur physiology.Newscientist ยท +14 sources
- Light-matter hybrids form a supersolid quantum state at room temperatureResearchers in Poland, Switzerland and France observed the exotic state of matter without ultracold conditions, broadening the practical scope of quantum materials research.Phys ยท +8 sources
- Japan powers up a quantum computer built from single atoms that may not need extreme coolingThe single-atom system could reduce the cryogenic requirements typical of quantum computing hardware.Popular Mechanics ยท +14 sources
- Study finds rapid LLM development is outrunning the research meant to explain itThe analysis warns that capability gains in large language models are outpacing scientific understanding of how they work.The Decoder ยท +1 sources
- FDA accepts uniQure's AMT-130 for priority review, sets May 2027 decision on Huntington's gene therapyA May 2027 PDUFA date and a likely advisory committee make this the furthest-advanced gene therapy for Huntington's disease, based on a small externally controlled dataset.Biopharmadive ยท +15 sources
- FDA grants accelerated approval to Inovio's DNA immunotherapy Voceryq for rare HPV-linked airway diseaseThe first DNA-based therapy approval marks a shift in the field from vaccines toward therapeutic use in recurrent respiratory papillomatosis.Fierce Pharma ยท +12 sources
- Bright Minds' Phase 2 DEE epilepsy trial halted as FDA imposes partial clinical hold on BMB-101The hold, tied to toxicity seen in mice, cut the biotech's share price roughly in half and delays its lead seizure program.Dealroom ยท +8 sources
- Servier's $1.55B muscular dystrophy drug sevasemten fails first major test in Becker MDThe setback removes a potential first treatment for Becker muscular dystrophy, a form with no approved therapies.STAT ยท +2 sources
- FDA approves Bayer's Kerendia to slow chronic kidney disease in type 1 diabetesThe label expansion extends the nonsteroidal MRA beyond type 2 diabetes to a broader CKD population.scanx.trade ยท +14 sources
- BioNTech beats Q3 estimates, holds to mRNA cancer strategy despite trial missesThe company reported Q3 revenue above estimates and reiterated its commitment to mRNA cancer therapies after a mixed month of data.GenomeWeb ยท +5 sources
- FDA finalizes cell and gene therapy potency guidanceThe guidance gives developers a standardized framework for potency assays, a long-running bottleneck in CGT approvals.RAPS ยท +9 sources
- FDA advisers narrowly vote to add six peptides to the drug compounding listThe close vote keeps alive a fight over compounded peptides such as BPC-157 and semaglutide copies.The American Journal of Managed Care ยท +7 sources
- State of the climate: 2026 on track to tie 2024 as warmest year on record, Carbon Brief analysis findsWith three-quarters of the year past, researchers say it is virtually certain 2026 will rank as the warmest or second-warmest year on record.Carbonbrief ยท +14 sources
- US loses 350,000 acres of forest a year, a football field every two minutes, satellite tracking findsNew satellite imagery puts US forest loss at roughly 2.3 billion metric tons of carbon dioxide equivalent annually.Insideclimatenews ยท +4 sources
- Senate permitting bill draws dueling commentary on clean energy, climate and grid buildoutSupporters call the package a win for affordable clean power while a former FERC chairman warns it needs targeted amendments.Utilitydive ยท +2 sources
- BYD sold over 300,000 EVs in October, more than the entire US market managed in Q3The monthly record underscores China's widening lead in electric vehicle sales volumes.Electrek ยท +14 sources
- Most voters say climate change threatens the American Dream as housing and insurance costs mount, Grist poll findsA Data for Progress survey for Grist finds voters linking rising living costs to a warming climate.Grist ยท +14 sources
- India and France hold talks on climate finance and COP31 priorities, pledging renewable energy cooperationThe discussions precede the Antalya summit and focus on financing flows for developing economies.Lokmat Times ยท +8 sources
- Data center boom drives gas and grid questions: Canary Media argues batteries should come firstThe analysis warns that building gas generation for data centers risks stranded costs and higher emissions.Canarymedia ยท +1 sources
- Electric trucks and EV sales push TotalEnergies to see oil demand leveling off in the 2030sThe forecast reflects the pace of electric vehicle adoption in major markets.Forbes Middle East ยท +2 sources
- Xbox's Arkane Studios draws multiple bidders, including Ubisoft, Bloomberg reportsMicrosoft is looking to divest the Dishonored and Marvel's Blade studio rather than close it, with management buyout also floated as a possibility.Pushsquare ยท +14 sources
- Bethesda officially names The Elder Scrolls VI: Sentinel in 40th anniversary videoThe title and logo confirmation came over eight years after the game's initial teaser, with Bethesda warning a release is still years off.Eurogamer ยท +15 sources
- Rockstar confirms GTA 6 pre-load date, 212GB file size and regional launch timesThe disclosures land ahead of the November 19 release, with a physical map offered outside boxed copies and pre-load moved up two days.Kotaku ยท +14 sources
- Remedy says Control Resonant is its fastest-selling game, Q3 revenue up 226%The September release has become a surprise hit for the Finnish studio, which has struggled to find a follow-up success in recent years.Pcgamer ยท +13 sources
- Former Xbox studio VP calls leadership a 'clownshow' amid COO's messy exitThe comments add to scrutiny of Xbox management as it sheds studios and restructures its first-party business.GamesRadar+
- GTA 6 physical map confirmed, but no disc in boxed copiesRockstar is offering a printable map free or cheap while the game ships as a digital download only.Gamespot ยท +14 sources
- Xbox puts a Series X inside an alligator to promote GTA 6 without marketing rightsSony holds GTA 6 marketing rights, so Microsoft built the one-off X-Bite console as a giveaway tied to the game's Florida setting.Polygon ยท +10 sources
- Ubisoft suitors' bid details: management of Arkane Lyon may also be in the runningThe report adds that at least three bids exist for the Dishonored studio, which Microsoft plans to offload.Rockpapershotgun
- Man United come from two goals down to beat Roma 3-2 for first win in 10 gamesThe comeback win at Old Trafford eases pressure on manager Michael Carrick, though fans had thrown tennis balls onto the pitch to protest before kickoff.Skysports ยท +14 sources
- Barcelona end Aston Villa's perfect Champions League start with 3-0 winLamine Yamal made history in a ruthless Barcelona display that left Unai Emery saying Villa still have "work to do" to reach that level.ESPN ยท +13 sources
- Feyenoord-Inter Champions League match halted as home fans fire flares onto pitchThe referee stopped play in Rotterdam after disappointed Feyenoord supporters threw flares onto the field and the stadium roof.sports.yahoo ยท +3 sources
- Ravens to start rookie QB Joe Fagnano vs. Jaguars with Lamar Jackson injuredBaltimore turns to an emergency rookie starter with Lamar Jackson and Tyler Huntley both injured amid a three-game losing streak.CBS Sports ยท +14 sources
- WNBA Finals Game 7 draws 3.3 million viewers, most-watched W game since inaugural seasonThe Valkyries' title-clinching win delivered the league's biggest audience in decades.Yahoo Sports ยท +14 sources
- Haas drops Esteban Ocon for rest of F1 season; Rafael Camara to debutHaas said Ocon will not compete for the team again in 2026 following a row that led to his removal from the Mexico Grand Prix.BBC ยท +14 sources
- NFL returns to Spain as split in European football leaves Madrid's team sidelinedThe league's Madrid game highlights a divide in Spanish football over which club represents the capital.AP News ยท +3 sources
- Jon Rahm explains LIV Golf exit and eyes potential PGA Tour returnThe Spanish golfer discussed his departure from LIV and the possibility of rejoining the PGA Tour.Sports Business Journal
- BAFTA Unveils 2026 Breakthrough U.K. Cohort of 21 Rising CreativesThe Netflix-supported talent program, now in its 13th year, spotlights emerging U.K. creatives across film, TV and games.Variety ยท +4 sources
- Netflix Launches AI Discover Tool to Help Subscribers Find ContentThe AI-driven discovery tab begins rolling out to a subset of U.S. subscribers as streamers experiment with recommendation tech.Deadline ยท +13 sources
- Resident Evil Confirms Streaming Release After $400M Box Office RunZach Cregger's Resident Evil adaptation heads to digital after setting a franchise box office record.IGN ยท +3 sources
- Warner Music Buys Back German Distributor ZebralutionWMG regains the digital distributor it sold in 2017 to expand its European reach.Billboard ยท +9 sources
- Canada's CBC Joins Microdrama Boom With Vertical Video PushThe taxpayer-funded broadcaster and streamer is betting on short-form vertical series to reach new audiences.The Hollywood Reporter ยท +1 sources
- Trent Reznor and Atticus Ross to Score David Fincher's Next FilmThe duo's work on The Further Mis-Adventures of Cliff Booth marks their sixth collaboration with Fincher.Pitchfork ยท +13 sources
- Mastodon Seeks Partial Dismissal of Brent Hinds Estate LawsuitThe band argues its members should not be held personally liable and disputes language over use of Hinds' likeness.Rolling Stone ยท +2 sources
- Criterion's 'The Complete Kubrick' Box Set Arrives With 4K/HDR ChallengesThe producer details the technical work behind preserving Stanley Kubrick's films for home video.Indiewire ยท +3 sources
- Wyndham adds 40-plus HotelREZ luxury hotels to Registry brand via new partnershipThe deal brings independent luxury properties into Wyndham's soft-brand Registry portfolio, deepening its push into the upscale segment.Yahoo Finance ยท +14 sources
- Booking takes $1 billion hit on possible FTC settlement, sees mixed travel demandThe charge reflects a looming regulatory resolution while the company flagged softer bookings amid Middle East conflict and higher airfares.Skift ยท +1 sources
- Gencom acquires Rosewood London, its first luxury hotel deal in EuropeThe purchase marks the Miami-based investor's entry into European luxury hospitality ownership.Business Wire ยท +2 sources
- Frenzy as Chanel opens in SydneyThe Australian Financial Review reports strong consumer turnout for the luxury house's new Sydney presence.AFR ยท +7 sources
- Venice Simplon-Orient-Express to add Paris to Monaco sleeper route in 2027The Belmond train will run its first overnight Paris-Monaco service along the Cote d'Azur next spring.Condรฉ Nast Traveler ยท +5 sources
- Minecraft creator Markus Persson lists Beverly Hills home for $70 millionThe eight-bedroom estate includes a recording studio and a nightclub with a DJ booth and dance floor.Robb Report ยท +14 sources
- Aman Group and partners join Gelephu Mindfulness City development in BhutanAman, Patience Capital and GDL-Raven are collaborating on mindful living projects in the planned Bhutanese city.Business Standard ยท +4 sources
- Washington state's first Rolex store opens in BellevueThe boutique extends the Swiss watchmaker's direct retail footprint into the Pacific Northwest.MyNorthwest.com ยท +4 sources