Business
Microsoft‘s massive AI spending draws investor concerns as cloud business booms
MICROSOFT’S spending on artificial intelligence infrastructure soared to a record of nearly US$35 billion in the September quarter,…
Swedan Margen
Swedan Margen contributes to Cosmopolitan Canada across fashion, style, culture, and entertainment.
The work spans trend coverage, cultural conversation, and stories drawn from the publication's editorial partners, with source attribution provided within individual articles where applicable.
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Business
Meta forecasts bigger capital costs next year, US$16 billion tax charge guts Q3 profit
Meta forecast “notably larger” capital expenses next year, thanks to investments in AI, and recorded a nearly US$16 billion one-time…
Business
Alphabet hikes capex again after earnings beat on strong ad, cloud demand
STRONG AI demand helped power Alphabet‘s financial results, as both the core advertising and cloud computing businesses of the Google…
Business
Masayoshi Son becomes Japan’s richest with US$55 billion fortune
Uniqlo billionaire Tadashi Yanai has been at the top of the country’s ranking for most of the past decade, and continuously since April…
Business
US: Dow ends down, S&P 500 flat as Powell says December rate cut far from assured
The Dow ended lower and the S&P 500 finished flat on Wednesday after the Federal Reserve cut interest rates but Fed Chair Jerome Powell…
Business
Europe: Shares pause at highs after earnings
EUROPE’S Stoxx 600 was muted on Wednesday as investors awaited the US Federal Reserve’s rate decision later in the day, while parsing…
Business
US Fed cuts rates by 0.25%, Powell signals December move ‘far from’ certain
US Federal Reserve chair Jerome Powell cautioned investors against assuming the US central bank would follow its second straight…
Business
Oil settles higher on large drop in US stockpiles, trade optimism
Oil prices rose on Wednesday after data showed US crude and fuel inventories drew down more than expected last week, and as US President…
Business
Cameo sues OpenAI for trademark infringement
OpenAI, which faced a fierce blowback in Hollywood last month as images of celebrities and dead newsmakers were manipulated without…
Unsorted
The Rush to Digital ID Is Creepy | National Review
The problems it solves are real but comparatively minor. The risks it creates are enormous. Source link
Unsorted
The Coming Civil War of Climate Hysterics | National Review
The Gates memo may soon touch off a mad scramble for the cash that the donor class is still willing to contribute to climate. Source link
Business
Michelle Miller and Dana Jacobson: CBS Fires Two More Hosts as It Cancels 28-Year-Old 'CBS Saturday Morning' as Mass Layoffs Continue
CBS News has fired two of its TV hosts following the cancellation of their Saturday morning show. Anchors Michelle Miller and Dana…
Business
Federal Reserve Cuts Interest Rates by 25 Basis Points on Concerns of a Struggling Job Market Rather Than Combating Inflation
The Federal Reserve slashed interest rates by a quarter point for the second consecutive meeting, showing that policymakers remain more…
Business
Building Trust in Digital Economies: Inside the Rise of Tradeit
Under30CEO had a chat with Jimi Gecelter, Co-founder of Tradeit, about transforming an in-game trading scenario that was risky and…
Business
Leading AI company to ban kids from long chats with its bots amid growing concern about the technology
Character.AI, a platform for creating and chatting with artificial intelligence chatbots, plans to start blocking minors from having…
Business
General Motors Fires 1,700 Workers at Its Michigan and Ohio Plants as EV Sales Dip after Dropping Apple CarPlay, Android Auto from Its Cars
General Motors has announced the layoff of nearly 1,700 workers at its manufacturing plants in Michigan and Ohio, citing a slowdown in…
News
Thomas John Pizzitola: Father-to-Be Killed with Single Punch During Brawl at Arizona Bar Weeks Before Son's Birth
A soon-to-be father was killed with a single punch during a fight outside an Arizona bar, just weeks before his baby was expected to…
Business
GM to cut over 1,200 jobs at EV plant
General Motors will cut about 1,200 jobs at its EV plant in Detroit, as the carmaker responds to slowing demand for its battery cars,…
Unsorted
Ascent Bridge cites possible defamation lawsuit for not releasing directors’ resignation letters in full
Beverage distributor Ascent Bridge has released the resignation letters of former directors Tan Khee Giap and Siow Chee Keong, as part of…
Business
Global automakers scramble for chips as Nexperia supply crunch threatens production
Nissan and Mercedes are among the carmakers trying to come to grips an uncertain supply situation [TOKYO/BERLIN] Global automakers are…
Business
Singapore receives interest from Malaysian firms to export renewable energy through second interconnector
For the city-state to achieve its net-zero carbon emissions target by 2050, the Asean Power Grid’s success is crucial Singapore’s energy…
Business
Mapletree Industrial Trust Q2 DPU down 5.6% on absence of divestment gains, lower occupancy
The trust also had reduced income following the divestment of three Singapore industrial properties in August 2025 Mapletree Industrial…
Business
US: Wall St opens at near records levels as Nvidia hits US$5 trillion
Wall Street opened just short of fresh records on Wednesday (Oct 29) as Nvidia hits a US$5 trillion valuation, while investors awaited an…
Business
Boeing reports US$5.4b loss on large hit from 777X aircraft delays
Boeing has pushed back commercial deliveries on the 777X to 2027 from the prior 2026 timeframe Boeing reported a US$5.4-billion…