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BusinessPhoto: News18Hi Business

Democrats' Midterm Win Shakes AI Stocks, Pressure on Nvidia and SK Hynix

The Democrats' significant victory in the US midterm elections has unsettled global stock markets. Following the setback for Trump's Republican Party, shares of AI, chip, and data center companies faced pressure. South Korea's KOSPI fell 4%, and Japan's Nikkei dropped nearly 5%. Investors fear stricter regulations on data center projects due to Democrats' strong positions in Congress and Texas, risking delays and higher costs for AI firms' expansion plans.

News18Hi Business·

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TechnologyPhoto: ET Tech

Microsoft Withdraws from Multibillion-Dollar AI Deal with UK’s Nscale

Microsoft has pulled out of a multibillion-dollar deal to support Nscale's flagship data centre project in Loughton, Essex. The decision followed delays in power connections, which pushed the project's expected supply date into the 2030s, causing Microsoft to reject the partnership.

ET Tech··Loughton

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PoliticsPhoto: Deccan Herald

IIT Graduate Arrested in Bengaluru for Extortion Threats to Bollywood Actors

Mumbai Police Crime Branch arrested 30-year-old IT engineer Vaibhav Mishra from Bengaluru for sending extortion threats to Bollywood actors Ayushmann Khurrana and Tusshar Kapoor. Mishra posed as a member of the Lawrence Bishnoi gang, demanding crores of rupees. The arrest followed cyber and forensic investigations tracing his digital and voice evidence. Authorities believe he exploited panic over recent gang threats targeting celebrities.

Deccan Herald··Bengaluru

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PoliticsPhoto: The News Minute

Karnataka HC Quashes BJP Defamation Case Over '40% Commission' Ads

On November 4, the Karnataka High Court dismissed a criminal defamation case filed by the BJP against former CM Siddaramaiah, Deputy CM DK Shivakumar, and KPCC. The case, filed in May 2023, concerned Congress advertisements accusing the previous BJP government led by Basavaraj Bommai of corruption, including collecting 40% commissions and looting Rs 1,500 crore through corrupt practices.

The News Minute··Bengaluru

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PoliticsPhoto: Aaj Tak

Democrats Win US Midterms, Deal Blow to Trump

In the US midterm elections, Democrats won control of both the House of Representatives and the Senate, delivering a significant setback to President Donald Trump. This outcome is expected to intensify conflicts over investigations, budget, Iran war policies, appointments, and veto powers during Trump's remaining two years in office.

Aaj Tak·

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TechnologyPhoto: Firstpost Tech

DuckDuckGo Offers Schools Alternative After Google's AI Policy Backlash

Google's decision to make AI features optional for schools, linking the removal of other AI tools to Search availability, has faced criticism from educators and privacy advocates. In response, DuckDuckGo is providing schools with an alternative search option, emphasizing that schools should have more control over how children access information online.

Firstpost Tech·

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