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BusinessPhoto: ET MarketsMeta increased its 2026 capital expenditure forecast to $135 billion-$145 billion to accelerate AI development. The company also announced plans to issue non-voting shares. Despite mounting legal challenges and intensifying competition, Meta reported stronger-than-expected Q3 revenue, signaling robust business performance amid its AI expansion strategy.
ET Markets·
WorldPhoto: Deccan HeraldAn attack on King Fahd International Airport in Dammam, Saudi Arabia, on Wednesday evening resulted in one resident killed and eight others injured, according to the General Authority of Civil Aviation. The authority also stated that material damage from the attack is currently being assessed.
Deccan Herald··Dammam
BusinessPhoto: HT WorldMeta reported third-quarter profits of $9.86 billion, nearly 50% below investor expectations, due to a $9.9 billion charge from an $18 billion legal settlement with nearly all US states. The company beat revenue forecasts but faced major penalties, including a $25 billion fine in New Mexico linked to the Cambridge Analytica scandal, ordered by Judge Francis Mathew.
HT World·
HealthPhoto: Amar UjalaA study by Madras Diabetes Research Foundation and the University of Reading analyzed 1,020 adults aged 25-80 in Chennai, finding that a diet low in fruits, vegetables, and pulses combined with certain diabetes-related genes increases total and bad cholesterol levels. The research highlights how genetics and diet interact to affect cholesterol and diabetes risk, published in the journal PLOS ONE.
Amar Ujala··Chennai
PoliticsPhoto: ABP Live HindiIn Mansa, Punjab, DSP Harjinder Singh Gill and Drug Inspector Naresh Kumar have been suspended following the murder of anti-drug activist Parvinder Singh Jhota on October 13. The Central Bureau of Investigation (CBI) has taken over the case and is investigating the illegal sale of psychotropic drugs at chemist shops. Jhota campaigned against drug trafficking and illegal drug sales in the region.
ABP Live Hindi··Mansa
PoliticsPhoto: Deccan HeraldThe I.N.D.I.A. bloc will hold an online meeting on October 22 to plan protests over the 'vote chori' issue and demand Chief Election Commissioner Gyanesh Kumar's resignation. Congress President Mallikarjun Kharge will chair the meeting, which will also review preparations for a rally in Delhi on November 1. The bloc continues to oppose alleged electoral irregularities and the Special Intensive Revision of electoral rolls.
Deccan Herald··New Delhi
ET Markets·
Photo: ET MarketsMeta increased its 2026 capital expenditure forecast to $135 billion-$145 billion to accelerate AI development. The company also announced plans to issue non-voting shares. Despite mounting legal challenges and intensifying competition, Meta reported stronger-than-expected Q3 revenue, signaling robust business performance amid its AI expansion strategy.
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