Meta rejects French rights watchdog’s ruling against algorithm

By Foo Yun Chee BRUSSELS (Reuters) -Meta Platforms on Tuesday rejected a ruling by the French rights watchdog against its algorithm after allegations of discriminatory job advertisements on its social network Facebook. The independent watchdog Defenseur des Droits (Defender of Rights) in an October 10 ruling said Meta’s system treats Facebook users differently because of…

Read More

Goldman, Morgan Stanley CEOs warn of pullback in global equity markets

By Manya Saini and Niket Nishant (Reuters) -CEOs of Wall Street heavyweights Morgan Stanley and Goldman Sachs on Tuesday cautioned that equity markets could be heading toward a drawdown, underscoring growing concerns over sky-high valuations. Fears of a market bubble come as the benchmark S&P 500 continues its meteoric climb, repeatedly hitting record highs and…

Read More

Nvidia to invest up to $1 billion in AI startup Poolside, Bloomberg News reports

(Reuters) -Nvidia will invest up to $1 billion in AI company Poolside, in a deal that would quadruple the startup’s valuation, Bloomberg News reported on Thursday, citing people familiar with the matter. Poolside is in discussions to raise $2 billion at a pre-money $12 billion valuation, Bloomberg reported, adding that Nvidia’s investment in the round…

Read More

AI boom drives trillion-dollar tech valuations and record bets on chipmakers

A Forgotten Energy Source Is Powering Back Up This ticker symbol “hack” could 10x your returns [sponsor] A Forgotten Energy Source Is Powering Back Up [sponsor] While investors chase the next tech story, one long-ignored sector is quietly heating up. A mix of global policy, rising demand, and tightening supply could reignite this market before 2026….

Read More