Apple Reportedly Lowers AI Spending Limits for Engineers Amid Cost-Cutting Push

Gadgets360 - Nov 6, 2026

Apple is said to be tightening its spending limits on artificial intelligence (AI) tools used by employees. According to a report, the Cupertino-based tech giant has already reduced the daily allowance for some engineers using AI models from $300 to $200, with further cuts being considered for select teams, even as it looks to make AI a bigger part of its internal ope...

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Hong Kong’s Exchange Fund earnings tumble 74% as HKMA warns of more market turbulence

Nov 6, 2026

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Hong Kong’s Exchange Fund, the war chest used to defend the local currency, reported a 74 per cent tumble in third-quarter earnings amid pervasive market uncertainty, the Hong Kong Monetary Authority (HKMA) said on Friday. Earnings totalled HK$18.6 billion (US$2.4 billion) in the quarter, plunging from HK$70.8 billion a year earlier. For the first nine months of 2026, total earnings slid 39.6 per cent from a year earlier to HK$171.9 billion. The Exchange Fund’s Hong Kong equities portfolio...

Meta, Google and TikTok sue California over new law restricting social media features for teens under 16

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Meta, Google and TikTok sue California over new law restricting social media features for teens under 16

Meta, Google and TikTok have sued California Attorney General Rob Bonta, challenging a new law that restricts autoplay videos and personalised feeds for users under 16. The law, scheduled to take effect in January 2027, could impose fines of up to $50,000 per affected minor for non-compliance.

3 charged in scheme to use AI to impersonate CEOs and attorneys to steal $129 million

Nov 6, 2026

3 charged in scheme to use AI to impersonate CEOs and attorneys to steal $129 million

3 charged in scheme to use AI to impersonate CEOs and attorneys to steal $129 million

OpenAI Pledges to Give Locals More Say in Data Center Projects

Nov 6, 2026

OpenAI Pledges to Give Locals More Say in Data Center Projects

The artificial intelligence company pledged to be more collaborative with the communities where it is building its data centers.

House G.O.P. Leaders Ask Nvidia’s Huang to Speak in Closed-Door Briefing

Nov 6, 2026

House G.O.P. Leaders Ask Nvidia’s Huang to Speak in Closed-Door Briefing

The New York Times reported last week that Mr. Huang had a close relationship with an executive that U.S. officials determined was funneling information to Chinese intelligence.

Tech Billionaires Face Tricky Political Waters After Democratic Midterm Sweep

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Tech Billionaires Face Tricky Political Waters After Democratic Midterm Sweep

Many donated money to President Trump’s favored causes and became his allies. Now that political alignment may be a liability.

The engine parts that 'fight the laws of the universe'

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Investment has surged into the making of jet turbine blades - an extremely difficult component to make.

Major tech stocks plunge as US midterms add to fears of AI slowdown

Nov 6, 2026

Major tech stocks plunge as US midterms add to fears of AI slowdown

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Super El Niño could push CO2 levels to record highs in 2027 - with devastating consequences, Met Office warns

Nov 6, 2026

Super El Niño could push CO2 levels to record highs in 2027 - with devastating consequences, Met Office warns

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What Shaped Anthropic CEO Dario Amodei’s Thinking on A.I.

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Delhi's toxic winter air is back - is the Indian capital prepared for pollution?

Nov 5, 2026

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Democrats' radical 'day one' agenda after midterms triumph sparks dire warnings of higher inflation and retirement savings disaster as stock market tanks

Nov 5, 2026

Democrats' radical 'day one' agenda after midterms triumph sparks dire warnings of higher inflation and retirement savings disaster as stock market tanks

The proposal could deepen Wall Street's financial bloodbath, devastate Americans' retirement savings, drive up inflation, slash wages and leave the nation exposed to attacks.

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Does the Democratic midterm victory spell the end of US AI data centre boom?

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The sweeping midterm election victory by US Democrats has triggered warnings from analysts that an impending regulatory clampdown could derail the nation’s multi-trillion-dollar artificial intelligence data centre buildout. Wall Street forecasters slashed their projections for Big Tech infrastructure spending hours after the vote, cautioning that a wave of proposed project moratoria and tighter oversight could stall up to 30 per cent of planned US facilities and force developers to downscale...

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