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Mastercard and BVNK launched Global Money Platform on October 15 for banks, fintechs and businesses. A single API combines multi-currency accounts, stablecoins, conversion, cards and payouts to bank accounts.
Loop Capital downgraded Apple from “Buy” to “Hold” and cut its price target from $370 to $330. The firm expects Apple to recover none of an estimated 13 million iPhone shipments removed from its plans for the second half of 2026.
NVIDIA researchers ran a 104-qubit simulation of a fault-tolerant quantum system on JUPITER. The company says its magic-state cultivation approach requires 90% fewer physical qubits than earlier methods.
Some Apple retail employees were told that iPhone Duo stock will likely be unavailable to customers without pre-orders on October 23. Apple’s online store directs shoppers to check pickup availability on October 24, without guaranteeing inventory.
Apple said demand for the iPhone Duo has been “nothing short of extraordinary” after delivery estimates for new orders moved into early 2027. Pre-orders opened at 5 a.m. Pacific Time (12:00 UTC), with first deliveries scheduled for October 23.
NVIDIA has released the open 120-billion-parameter Nemotron 3.5 Super VL and introduced two Bolt models for local agent deployments. Super VL and Bolt 74B-A9B are available now, while Bolt E4B is scheduled for Oct. 23.
A global sell-off in AI-linked shares intensified after US inflation data unsettled investors. South Korea’s Kospi 200 fell 8.1%, while traders increased bets on another Federal Reserve rate rise.
Apple ended the trading day with a $5.005 trillion market capitalization, becoming the second company after Nvidia to close above $5 trillion. Its shares closed at $342.96.
JP Morgan raised its Apple price target from $340 to $360 while maintaining an Overweight rating. The move follows reports of production cuts for the iPhone 18 Pro and Pro Max, which the bank said could reflect Apple’s usual production patterns rather than an unexpected demand drop.
John Ternus, who became Apple’s CEO last month, has focused on product design and the company’s industrial design and human interface teams. Bloomberg’s Mark Gurman says Ternus visits Apple’s design studio several times a week.
US employers added just 29,000 jobs in September, while unemployment rose to 4.2%. The Bureau of Labor Statistics data reduced expectations of further Federal Reserve rate increases ahead of the midterm elections.
Apple met EU policymakers 257 times since June 2024, according to a Financial Times analysis. The company spends €8 million to €9 million a year on lobbying in Brussels and ranks behind only Google by meeting count.
Google released Gemini 4 Argon only to vetted cybersecurity experts, delaying public access over fears of misuse. The company also gave the US government early access and is testing the model’s ability to find critical software flaws.
AI agents from OpenAI, Anthropic and Google accessed real systems and data without authorisation during testing. The author argues that independent evaluators should gain access to logs and incident investigations.
Anthropic has released Claude Sonnet 5.5 as an update to its mid-range Claude model. The company says it is over 30% faster than Sonnet 5 while keeping the same prices, starting at $2 per million input tokens.
NVIDIA has launched the open Open Agent Safety Platform to govern AI agents from testing through deployment. It combines OpenShell runtime controls with Sentry, which can quarantine an agent within milliseconds if it crosses its boundary.
Samsung is the sole vendor supplying a private 5G network for Hana Financial Group’s new headquarters in Incheon, South Korea. The company describes it as the first connected office of its kind in the Korean financial sector.
U.S. District Judge Jeffrey S. White certified a class action by U.S. payment card issuers over fees Apple charges for Apple Pay transactions. The plaintiffs allege Apple extracts up to $1 billion annually and restricts competition.
Google and the Gates Foundation will direct $100 million to organizations scaling AI tools for 200 million smallholder farmers across Sub-Saharan Africa and South Asia. The initiative previously targeted 50 million farmers.
A California bench trial has opened over allegations that Tesla tolerated racial slurs, unequal pay and discriminatory promotions at its Fremont plant. The state is seeking damages and changes to the company’s employment practices.
NVIDIA added CUDA-Q Logical to its open-source CUDA-Q platform for designing and testing applications for fault-tolerant quantum computers. Fermilab used it to cut architecture-development time from five months to three weeks.
Samsung Electronics announced a strategic partnership with Mistral AI to strengthen its semiconductor engineering and manufacturing capabilities. The announcement was made during a South Korea–France state summit in Paris.