TechOpenAI trims valuation target to $1.25tn after pitching higher price
Documents seen by the Financial Times say the AI lab floated a $1.4tn valuation earlier this month before lowering its target to $1.25tn.
Documents seen by the Financial Times say the AI lab floated a $1.4tn valuation earlier this month before lowering its target to $1.25tn.
Britain’s banking watchdog will assess how financial regulation affects investment, capital and economic growth, while placing greater emphasis on transparency and aiming to promote competition.
A visit to a forest outside Portland grew into the magical world of “Wildwood,” Laika Studios’ most ambitious stop-motion project to date.
Italy’s Foreign Ministry is seeking information about the detention of several Italian activists in a West Bank village, where they were accompanying Palestinian olive farmers.
Donald Trump says Elon Musk has restored Ukraine’s internet access through Starlink. Volodymyr Zelensky had said the military’s connection was not yet fully restored, while Musk has repeatedly denied imposing restrictions. Trump declined to address a report that he pressed Musk, saying only that Musk had put the service back.

US President Donald Trump said Ukraine’s access to the military-grade Starshield satellite service had been restored. He declined to say whether he had contacted SpaceX CEO Elon Musk to ask him to lift restrictions on Ukraine’s use of the system, adding that their relationship was very good. The Wall Street Journal reported that the service was operating more normally after a conversation between the two, though some Ukrainian officials said it was not fully restored.

A Ukrainian official said Starlink in Ukraine remains capped at 161 kilometers per hour, rejecting reports that service returned to normal after a call between Trump and Musk. The cap continues to constrain military operations, while Ukraine seeks to restore the previous speeds and determine why the restriction was imposed.

The Wall Street Journal reports that Trump asked Musk to end Starlink’s slowdown. The paper previously reported that Musk, a critic of Ukrainian President Volodymyr Zelenskyy, had ordered SpaceX’s Starlink service to be slowed.
The Wall Street Journal reported on Thursday, citing U.S. officials, that President Donald Trump called Elon Musk and asked him to remove restrictions on Ukraine’s use of Starlink.
The Wall Street Journal, citing sources, reports that Donald Trump asked Elon Musk to lift restrictions on Starlink’s military service in Ukraine. Trump was frustrated by a speed cap of about 160 kilometers per hour. U.S. and Ukrainian officials said the system began working “more normally” after their call, and Ukrainian drone commanders said the limits had been lifted, though testing continued.
New York City leaders voted Thursday to prohibit horse-drawn carriages in two years, bringing the practice to an end in the city.


New York City's council has approved a ban on the city's well-known horse-drawn carriages, to take effect in June 2028. Mayor Zohran Mamdani backed the proposal. The death of an 18-year-old after a horse bolted and caused a fatal fall was the final catalyst. The BBC spoke with tourists, residents and carriage workers about the industry and the ban.
A controversial ad has roiled Ohio politics and split Republicans as the campaign enters its closing stretch.

Trump said Washington would watch how the situation around Ukraine develops, declining to endorse Zelensky’s claim that strikes showed Moscow did not want peace. Russia’s Defense Ministry said Russian troops attacked the Antonov aircraft plant in Kyiv and struck transport facilities in the capital, port infrastructure in Odesa Region and vessels used by Ukraine’s army.
Officials in Ukraine count nine or more deaths from Russian assaults nationwide during the latest day-long period. Missile and drone strikes overnight ignited fires in Kyiv and the Kharkiv region.

Russian attacks on Kyiv overnight killed at least one person and injured 22, including four children, Ukrainian officials said. Metro infrastructure was damaged. Ukraine’s foreign minister said appeasement would not stop Russia’s war, as the two sides exchanged a new barrage of attacks after a US envoy met Putin.

Ukrainian officials said Russian attacks killed at least nine people and injured 56 across the country over the past day. Russia launched a large overnight missile and drone assault, mainly targeting Kyiv, where ballistic missiles hit transport and medical infrastructure, killing at least one person and injuring 24.
Kyiv said Russian strikes on the capital wounded 15 people, with eight receiving hospital treatment.
President Donald Trump on Thursday designated petroleum production, refining and related activities as essential to national defense, a move that could make U.S. funding available for fossil-fuel projects.
Counterpoint Research says global PC shipments fell 21 percent year over year in Q3 2026 as component costs rose. More expensive RAM, SSDs and chips from Intel, AMD and Qualcomm pushed up computer prices. It expects shipments to plunge 27 percent in Q4 and stay broadly flat in 2027, cautioning that stabilization is not recovery.

To keep pace with rivals, Wall Street’s high-frequency traders have few choices beyond competing for AI computing power. They have invested billions, but success is not assured.
Calley Means, a prominent figure in the Make America Healthy Again movement, resigned Thursday from his senior role in the Trump administration’s health team, frustrated by the government’s progress on food policy.

Calley Means, a key ally of anti-vaccine Health Secretary Robert F. Kennedy Jr. and co-author of the so-called “MAHA bible,” resigned from the Trump administration on Thursday. He reportedly grew frustrated by delays to food-policy changes sought by the Make America Healthy Again movement. Means praised Trump and Kennedy in a social media post but did not state why he was leaving.

Calley Means, a key adviser to Health Secretary Robert F. Kennedy Jr. and a central advocate of the “Make America Healthy Again” movement, is leaving the Trump administration.
Calley Means, a close aide to U.S. Health Secretary Robert F. Kennedy Jr., resigned on Thursday from his post as a senior adviser in the Trump administration, the Wall Street Journal reported.
After members of Quebec’s Innu First Nation of Essipit gave emotional testimony about how their lives had been upended, federal bureaucrats defended the decision to remove status from more than 700 people in the community.
A magnitude 7 earthquake struck China’s southwestern Tibet region at about 10:33 p.m. on Thursday, killing 16 people and injuring 32, Xinhua reported, citing Nagqu City’s emergency management bureau. Eleven of the injured were in serious condition, while 21 had minor injuries.


State media said a 7.0-magnitude earthquake struck China’s remote Tibet region, killing at least 16 people and injuring dozens. Hundreds of houses collapsed.

A strong earthquake struck China’s Tibet region, causing casualties. It originated at a depth of 10 kilometres.
A magnitude 7.0 earthquake struck China’s Tibet Autonomous Region, killing at least 16 people and injuring another 32, Xinhua reported.
A magnitude 7 earthquake struck China’s Tibet region at 10:30 p.m. local time on Thursday, according to the US Geological Survey.
A magnitude 7 earthquake struck Tibet in China, the China Earthquake Networks Center said.
A US federal judge ordered Donald Trump to answer questions under oath from BBC lawyers by December 11, warning that sanctions, potentially including dismissal of his $10bn defamation suit, could follow. The case centers on a BBC documentary about Trump.

A judge ordered Donald Trump to give a deposition by Dec. 11 in his $10 billion lawsuit against the BBC, after he failed to attend an earlier date he had agreed to.
A judge warned Trump that his $10 billion lawsuit against the BBC could be dismissed amid a dispute over records, and insisted that the president sit for a deposition.
A federal judge on Thursday ordered Trump to sit for a deposition by December 11 in his $10 billion defamation case against the BBC. The broadcaster has accused the U.S. president of delaying the process to avoid answering questions under oath, the Associated Press reported.
A judge has ordered Trump to give a deposition by December 11 in his defamation lawsuit against the BBC. The BBC has accused him of trying to delay it until January 2027.

A US judge ordered Donald Trump to sit for a deposition by 11 December in his defamation suit against the BBC. The case concerns a Panorama episode that joined separate parts of his 2021 speech before the Capitol riot. The BBC apologised for the edit and has asked the court to dismiss the suit.

A federal judge in Florida ordered Trump to give a deposition by Dec. 11 in his defamation suit against the BBC. Otherwise, his $10 billion lawsuit could be dismissed.

A federal judge in Florida ordered President Donald Trump on Thursday to sit for a deposition by December in his defamation lawsuit against the BBC. The suit seeks $10 billion.
A federal judge has ordered President Donald Trump to sit for a deposition by Dec. 11 in his defamation lawsuit against the BBC. The order was issued Thursday.
The final GENIUS Act rule leaves rewards linked to issuers and third parties subject to review, with no grandfathering for existing programs.

Four African elephants were brought from Tanzania to Pakistan in 2009, and two have since died. Madhubala is now seriously ill, while Malika also has health problems. International vets are trying to save Madhubala as an animal welfare activist questions repeated failures in their care.

Human rights defenders are warning against the UAE’s nomination of its former envoy Lana Nusseibeh as the next UN secretary-general. They say choosing a diplomat from a country with a questionable rights record, accused of backing forces behind a massacre in Sudan, could spell “catastrophe” for the UN.

High gasoline prices continue to strain household budgets, while voters rank affordability among their leading concerns ahead of the early-November midterm elections. Some experts say prices are unlikely to fall below $4.

After direct-lending deals posted their worst quarter in more than three years, some private-credit firms are moving downmarket.
Comcast reportedly plans substantial job cuts in its cable division as it continues to lose residential broadband and TV customers. It said broadband subscribers fell by 144,000 in the third quarter of 2026, compared with a 91,000 decline a year earlier. Co-CEO Mike Cavanagh said fixed wireless was aggressively taking share and fiber construction remained elevated, with some “irrational pricing and promotional activity.”

An intensifying storm season linked to El Niño brought flooding to Paraguay this week, killed two farm workers in Argentina’s cattle belt and damaged coastal communities in Peru and Mexico.
Professional bakers explain what you need to make cookies at home and offer advice for bakers at all skill levels, especially during the holidays.

Rosneft officials have privately warned that several more months of Ukrainian attacks could cause lasting damage. Strikes have disrupted multiple company refineries, while repair costs rise and sanctions complicate equipment replacement. Rosneft’s first-half net income fell nearly 20%, Bloomberg reported.

The Orange County District Attorney’s Office charged several parents with child endangerment in incidents involving e-motos.

Harry Kane is in contention for the 2026 Ballon d’Or but faces competition from Lamine Yamal and Kylian Mbappe. His prolific season helped Bayern win three trophies, and bookmakers currently make him the leading candidate. Falling short in key Champions League and World Cup rounds could weigh against him.

The Paris Police Prefecture ordered a curfew from October 22 to 25, barring adults and minors from the Place de la République area and Les Halles each night from 11 p.m. to 6 a.m.
The United States is experiencing its largest measles outbreak since the disease was declared eliminated in 2000. Pennsylvania has reported more than 1,200 cases and over 240 hospitalisations this year. Experts warn that falling vaccination coverage can leave people thousands of miles away vulnerable, making prevention a shared global responsibility.

Americans voting in the November 3 midterms will determine who controls Congress during the final two years of Trump’s presidency.

Cameras in Finland capture six newborn puppies snuggling together as they wiggle and wobble throughout the day.
Abel Zhao’s thoughts on the future of travel and live experiences begin with a memory of the 1998 FIFA World Cup. Too young to enter the stadium as a high school student, he stood outside with friends, listening to the crowd roar and finding the moment exciting nonetheless.

Tom Skerritt, the Emmy-winning actor known for portraying steady, wry authority figures in Top Gun, Picket Fences and Alien, has died at 93.

Tom Skerritt, the US actor known for roles in “Alien” and “Top Gun” and for his Emmy-winning work on the TV series “Picket Fences,” has died at 93, his family said in a statement.
Tom Skerritt, the spirited and handsome actor who won over audiences in films and television shows including “Top Gun” and “Picket Fences,” has died at 93.
Tom Skerritt, the Emmy-winning actor known for roles in “Top Gun” and “Picket Fences,” has died at 93. His family said he died Wednesday of natural causes.

Tom Skerritt, who won an Emmy for playing a hard-working sheriff in “Picket Fences” and appeared in hit films including “Top Gun” and “Alien,” has died, his family confirmed Thursday. He was 93.

Tom Skerritt, who appeared in films including “Top Gun” and “Steel Magnolias,” has died at 93.
Trucker protests in Italy brought buffalo mozzarella production to a halt, costing producers €3 million.


Truckers’ protests in Italy have halted buffalo mozzarella production, costing producers €3 million.
Five national leaders are reportedly being considered to represent Europe in negotiations with Russia over Ukraine: Giorgia Meloni, Alexander Stubb, Petr Pavel, Jonas Gahr Store and Mette Frederiksen. The report says European Council President Antonio Costa rejected the proposal. Discussions on dialogue have intensified as European leaders question whether Donald Trump represents Europe’s interests.
Thousands demonstrated in Warsaw and more than 20 other Polish cities on Thursday, calling for greater abortion rights. Six years after a landmark ruling tightened restrictions, protesters accused Prime Minister Donald Tusk’s government of failing to deliver on its pledge to loosen the law.

International Energy Agency Executive Director Fatih Birol says energy is increasingly being used as a geopolitical weapon. He told Al Jazeera that Europe could face higher gas prices this winter and faulted governments for not diversifying energy supplies.

Newmont, the world’s largest gold miner, topped analysts’ third-quarter profit estimates on Thursday, benefiting from higher prices for the metal.
Kevin Weil, who led OpenAI’s AI-for-science work, is starting a company that aims to use artificial intelligence to speed up a key stage of drug development.
Markus Frohnmaier, deputy chairman of the AfD parliamentary faction, said he is looking forward to a trilateral Germany-Russia-US economic forum and that preparations have begun. He said his party is committed to building bridges and strengthening cooperation in trade, business and energy. Russia’s envoy Kirill Dmitriev said the forum could take place in the second quarter of next year.
Less than two weeks before the midterm elections, Meta made clear that Mark Zuckerberg would remain in California if the wealth tax passes, adding to the debate over the tax.

Mark Zuckerberg’s months of negotiations with Meta’s board came to a head with an ultimatum delivered over dinner.
Meta Platforms struck a deal with Mark Zuckerberg, Reuters reported, after he threatened to leave California if voters approve a wealth-tax ballot measure. The proposal is part of the Nov. 3 midterm elections and has fueled heated debate and hundreds of millions of dollars in campaign spending.

Meta has agreed to let Mark Zuckerberg sell shares without losing control of the company if he needs to cover a large tax bill. He had considered moving his primary residence out of California over a proposed one-time 5% tax on residents worth more than $1bn, which has not yet passed and will go to voters on 3 November.
Russian President Vladimir Putin told journalist Pavel Zarubin that Russia and Ukraine are close enough to reach an agreement. He also said Russians and Ukrainians were, in fact, one people.
Meta removed wording from its business terms that appeared to allow it to train AI on news sites, but legal experts say the revised language may still let the company use scraped material to develop business products. Meta says site owners can signal their preferences through robots.txt and that the changes do not override them.

After nearly two decades of making only small changes to the iPhone, Apple began selling its first foldable phone, iPhone Duo, on Friday. The company is betting the device can transform the relatively small foldable market as the iPhone did the smartphone market.
Meta has restored Muse sharing after researchers found public conversation links could be easy to discover, including pages containing an internal revenue review and a loan application. Meta said the issue involved URLs for shared Muse artifacts, not chat sharing. Previously shared artifacts now have new URLs.

The FCC has used its new authority for the first time to block two unnamed gadgets over what it calls “foreign surveillance chips.” The agency identified the chip as HiVision’s Hi3516CV610 UHD Smart Vision SoC and said its power is meant to close a loophole allowing products from restricted companies to be embedded in other firms’ devices.

Tens of thousands gathered in central Belgrade for the student-led opposition’s final rally before Sunday’s parliamentary election. The movement is seeking to oust the party of Aleksandar Vucic, in power for more than 14 years; Vucic held a rival rally elsewhere in the city.


Ahead of Sunday’s election, the student-led Student List–Students Win movement has emerged as the most serious challenger to the long rule of the Serbian Progressive Party and its leader, Aleksandar Vucic. The movement grew out of protests after the Novi Sad railway station canopy collapse, with students seeking to overhaul a system they consider corrupt and broken.
Railway urged all users to replace stored credentials, while @tayvano_ separately alleged that roughly $371,000 in cryptocurrency had been stolen.

India-based eMudhra says it will leave the global SSL/TLS business after issuing eight dangerously weak intermediate credentials, including one whose private key was just four characters long. The company cited rising compliance costs, the business’s 1 percent share of revenue, and competition from free certificate providers. It also said social media attention brought scrutiny disproportionate to TLS’s role in its business.

OpenAI is close to wrapping up a funding round of as much as $30 billion, valuing the company at $1.25 trillion. Sources told CNBC the financing is intended to bridge the company to a 2027 IPO.

German video game designer and influencer Manuel Otto apparently died by suicide while livestreaming on Twitch, according to the platform and his colleagues.

When Iconiq first invested in Anthropic in 2025, the AI developer was valued at $183 billion. With Anthropic nearing a Wall Street debut, Iconiq’s more than $6 billion investment is poised for major returns; its stake is now worth about $17 billion based on the company’s valuation.
Ohio Gov. Mike DeWine condemned a controversial ad by Republican gubernatorial candidate Vivek Ramaswamy that featured the estranged mother of his Democratic opponent, Amy Acton. DeWine did not withdraw his endorsement of Ramaswamy.
Republican Ohio Gov. Mike DeWine has condemned a controversial ad featuring the estranged mother of Democrat Amy Acton.

US Vice President JD Vance defended a provocative ad by Vivek Ramaswamy’s campaign against Democratic rival Amy Acton in Ohio’s governor’s race, telling Republicans to stop complaining and win. The ad features Acton’s estranged mother disputing her account of childhood abuse and urging voters not to support her.

DeWine condemned Ramaswamy’s ad, saying it was wrong to run it and calling on him to remove it.

Ohio Democratic gubernatorial candidate Amy Acton called a campaign attack ad by Republican rival Vivek Ramaswamy “despicable.” The ad features Acton’s estranged mother and has sparked political backlash. Ohio’s secretary of state is reviewing complaints that it may initially have aired without a legally required disclaimer identifying who paid for it.
Republican Ohio Gov. Mike DeWine condemned a controversial ad featuring the estranged mother of Democrat Dr. Amy Acton.
Libya’s eastern parliament has withdrawn its objection to a deal with Türkiye demarcating Mediterranean maritime boundaries. Signed seven years ago by Libya’s internationally recognised Government of National Unity, the agreement has revived a dispute over exploration in a potentially gas-rich area. Greece, Cyprus and Egypt object, saying it disregards their sovereign rights; Athens has referred the issue to the UN Security Council.


Türkiye and Libya’s revived maritime deal has reignited disputes over sea boundaries, energy rights and regional influence, raising concerns in Greece, Egypt and Israel. Al Jazeera’s Reem Takieddine explains the stakes.
An executive order released by the White House on Thursday directs U.S. Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer to negotiate on wind turbine imports and report their progress to President Donald Trump within 180 days.
Russia’s Karen Khachanov beat Czech player Tomas Machac to reach the quarterfinals of the 2026 Almaty Open. He is set to face Kazakhstan’s Alexander Bublik next.
Russia’s top-ranked tennis player Daniil Medvedev defeated Japan’s Sho Shimabukuro 6-2, 6-1 on Thursday to reach the Almaty Open quarterfinals. He will face France’s Terence Atmane next. Medvedev is competing under neutral status.
Trump once campaigned on exposing elite abuses and focusing on problems at home. Now, he has cozied up to the ultra-wealthy, sidelined investigations into Jeffrey Epstein and launched a war with Iran. The article says these reversals are affecting Republicans in the midterms, with some candidates in competitive races turning to gas prices and local issues.

Treasury yields fell sharply on Thursday as investors watched stocks slide and oil prices surge. The 10-year yield dropped below 5%, reaching its lowest level in nearly a month.

The UK has relaxed the “fit and proper” rules intended to make bankers accountable. The existing regulatory regime played an instrumental role in actions against former Barclays boss Jes Staley and hedge fund owner Crispin Odey.
After BioWare’s closure and the cancellation of the next Mass Effect game, a roughly two-minute leaked trailer for Mass Effect: Universe offered a glimpse of what the game might have been. The video describes itself as in-engine footage from a small team using pre-production assets.


After EA shut down BioWare and canceled its new Mass Effect game in development, a trailer surfaced on Reddit. It shows in-engine footage and pre-production assets, and ends with the title Mass Effect: Universe. Jason Schreier called it a real trailer, and IGN said it verified the footage as legitimate.
Can Europe sustain one of the world’s most ambitious social models as it falls further behind major economic competitors? Pascal Lamy, a former European trade commissioner and World Trade Organization director-general, says the widening gap between Europe’s social commitments and its ability to generate the growth needed to fund them sits at the heart of mounting economic and political tensions.

U.S. special envoy Steve Witkoff met Vladimir Putin in St. Petersburg on October 21 to discuss ending the war in Ukraine. After Putin announced that Russia had freed U.S. citizen Stephen Hubbard, Witkoff called him a “humanitarian,” prompting criticism from lawmakers in both parties. President Donald Trump and Vice President JD Vance defended the envoy.
US Vice President JD Vance said Steve Witkoff had re-engaged in the process after speaking with Russian and Ukrainian leaders over the past few days, and felt optimistic following talks with Vladimir Putin and Vladimir Zelensky.
Dmitry Peskov said Vladimir Putin sent no documents proposing a Ukraine settlement through US envoy Steve Witkoff. Russia has not decided whether Putin will attend the G20 summit in Miami or who will join its delegation to trilateral Ukraine talks. Peskov said public discussion of proposals could harm negotiations.
The China Earthquake Networks Center put the tremor’s magnitude at 7.0. It hit Baqen County, in Nagqu in the southwest of Tibet Autonomous Region, at 10:33 pm Thursday, 22 October.
WIRED spoke with the founders of the fast-growing events startup Aged Intelligence Society, which brings women together to use frontier tools to tackle midlife problems.

Russian President Vladimir Putin told journalist Pavel Zarubin that Russia does not want an armed conflict with Ukraine, but said that if Ukraine’s incumbent government wants to wage war against Moscow, “let them have it.”
Russia’s Energy Ministry says imported gasoline accounts for an insignificant share of the domestic market and demand is falling, limiting its effect on average prices. Fuel supplies are rising as refineries return from maintenance and seasonal consumption declines, putting downward pressure on prices.
A nightly curfew from 11 p.m. to 6 a.m. in parts of Paris has been extended until Monday morning. A Paris police order published Thursday said the measure has been in place since weekend violence and looting. Hundreds attended a student protest in Paris on Thursday after an emergency court overturned a police ban.

The average annual cost of an employer-provided health plan for a US family reached $28,303 this year, up 5% from 2025, according to KFF’s annual survey.
SpaceX and Tesla have formed special committees to discuss a merger. The article says SpaceX’s AI business includes cloud-computing revenue, while Tesla’s profits fell for a second consecutive quarter. It questions Musk’s Mars rationale and suggests the merger could also give him more money and control.

Elon Musk has signalled openness to combining Tesla and SpaceX in a $3.5 trillion (€3.1tn) company. The move continues years of bringing his businesses together, with the deal reportedly intended to close before US President Donald Trump leaves the White House.
Teenage Engineering’s battery-powered EP-35 amp supports guitar, microphone and line inputs, Bluetooth audio, and linking multiple units. It offers separate preset-based effects for guitar and vocals and is available for $399. Accessories include an FM-radio antenna and a wireless MIDI pedal with added controls.

Canada’s national mail carrier says it plans to deliver parcels on weekends to seven million households by the end of 2027, as part of a major restructuring at the financially troubled Crown corporation.
The Minutes Reader extension turns the original page into a focused reading view and translates articles and video subtitles on demand. It is in limited beta.