Category: 3. Business

  • US government shutdown disrupts flights for fifth consecutive day | Donald Trump News

    US government shutdown disrupts flights for fifth consecutive day | Donald Trump News

    US airlines cancel 1,200 flights, marking five days of disruptions caused by the prolonged government shutdown.

    Airlines in the United States have cancelled nearly 1,200 flights, marking the fifth consecutive day of mass delays and cancellations sparked by the country’s longest-ever government shutdown.

    In addition to cancellations on Tuesday, passengers continued to face long wait times, as more than 1,300 domestic and international flights were delayed in the morning.

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    New York’s LaGuardia Airport, in particular, is seeing significant hold-ups, with average delays of one hour and 40 minutes, according to FlightAware — a platform that tracks flight disruptions worldwide.

    On Monday, there were more than 2,400 cancelled flights to, from and within the US, along with over 9,500 delayed flights, according to the same tracker.

    The Federal Aviation Administration (FAA) last week instructed airlines to cut 4 percent of daily flights from Friday at 40 major airports due to air traffic control staffing shortages. Reductions rose to 6 percent on Tuesday, then 8 percent on Thursday, and are expected to reach 10 percent by November 14th.

    Airlines and the FAA are in talks over whether these cuts will be eased as a record-setting 42-day government shutdown draws to a close.

    An end to the shutdown appears to be in sight. On Monday, the Senate passed a bill to reopen the federal government. It now heads to the House of Representatives and, if approved, will go to President Donald Trump’s desk for signing. Once signed, the bill would reopen the government.

    Despite progress on Capitol Hill, the president has urged air traffic controllers across the country to return to work, warning that their pay could be “docked” if they do not comply. He also claimed that those who remained on duty during the shutdown would receive a $10,000 bonus.

    On Wall Street, airline stocks are taking a hit amid persistent cancellations. As of 11am in New York (16:00 GMT), Delta Air Lines had fallen 1.26 percent since the market opened on Tuesday. United Airlines was down 1.7 percent, while American Airlines had tumbled more than 1.8 percent.

    Budget carriers are also being hit hard. New York-based JetBlue has dropped by more than 2 percent, Dallas-based Southwest by 1.8 percent, and Alaska Airlines is down roughly 2.1 percent.

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  • this brand is ‘one of the better companies out there that’s down’

    this brand is ‘one of the better companies out there that’s down’

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  • Secure Ingress and Egress Traffic with Zero Trust

    Secure Ingress and Egress Traffic with Zero Trust

    A zero trust model never assumes any application to be trustworthy by default. Zscaler Zero Trust Cloud provides cloud scale TLS inspection for workload traffic, enforcing advanced threat protection inline. This proactive approach prevents malicious attacks, blocks phishing, stops data leaks, and ensures compliance. By eliminating implicit trust and applying least privilege principles, organizations can simplify operations while boosting security across multi-cloud environments.

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  • Google to invest $6.4 billion in cloud infrastructure in Germany – Reuters

    1. Google to invest $6.4 billion in cloud infrastructure in Germany  Reuters
    2. Google says it will invest around $6.4 billion in cloud infrastructure in Germany  Reuters
    3. Google 5.5 bln eur investment plan will secure 9,000 jobs in Germany, official says  MarketScreener
    4. Google to invest €5.5bn in German data centres & cloud expansion  capacityglobal.com
    5. Germany news: Google plans data center in Hesse  DW

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  • Oil prices rise as investors balance sanctions risks, oversupply worries – Reuters

    1. Oil prices rise as investors balance sanctions risks, oversupply worries  Reuters
    2. Oil edges lower amid supply glut  Dawn
    3. WTI rises as US funding bill fuels demand recovery optimism despite supply concerns  FXStreet
    4. Amid worries over global energy demand, the US Dollar strengthens, causing WTI to fall below $60  VT Markets
    5. Brent Crude Oil Picks Up Toward $65  TradingView

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  • Fitch Upgrades Public Property Invest to 'BBB+'/Stable on Acquisition of SBB Assets – Fitch Ratings

    1. Fitch Upgrades Public Property Invest to ‘BBB+’/Stable on Acquisition of SBB Assets  Fitch Ratings
    2. Announcing landmark acquisition of NOK 37bn social infrastructure real estate portfolio, becoming the largest listed social infrastructure company in Europe  Placera.se
    3. Fitch Upgrades Public Property Invest to ‘BBB+’/Stable on Acquisition of SBB Assets  TradingView
    4. SBB has entered into three agreements with Public Property Invest ASA regarding the transfer of SBB’s community portfolio at a value of SEK 32 billion and will convene an Extraordinary General Meeting  Placera.se
    5. Public Property Invest : Fitch Upgrades Public Property Invest to BBB+ /Stable on Acquisition of SBB Assets  MarketScreener

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  • ChatGPT violated copyright law by harvesting musicians’ lyrics, German court rules | ChatGPT

    ChatGPT violated copyright law by harvesting musicians’ lyrics, German court rules | ChatGPT

    A court in Munich has ruled that OpenAI’s chatbot ChatGPT violated German copyright laws by using hits from top-selling musicians to train its language models in what creative industry advocates described as a landmark European ruling.

    The Munich regional court sided in favour of Germany’s music rights society GEMA, which said ChatGPT had harvested protected lyrics by popular artists to “learn” from them.

    Collecting society GEMA, which manages the rights of composers, lyricists and music publishers and has approximately 100,000 members, filed the case against OpenAI in November 2024.

    The lawsuit was seen as a key European test case in a campaign to stop AI scraping of creative output. OpenAI can appeal against the decision.

    ChatGPT allows users to ask questions and type commands into a chatbot which responds with text that resembles human language patterns. The model underlying ChatGPT is trained on widely available data.

    The case revolved around nine of the most recognisable German hits of recent decades, which were used by ChatGPT to hone its language capabilities.

    They included Herbert Grönemeyer’s 1984 synth-pop sendup of masculinity, Männer (Men), and Helene Fischer’s Atemlos Durch die Nacht (Breathless Through the Night), which was the unofficial anthem of the German side during the 2014 football World Cup.

    The presiding judge ordered OpenAI to pay undisclosed damages for using copyrighted material without permission.

    GEMA legal adviser Kai Welp said the organisation now hoped to negotiate with OpenAI on how rights holders can be compensated.

    The San Francisco-based company, whose founders include Sam Altman and Elon Musk, had said its language learning models absorbed entire training sets of data rather than storing or copying specific songs, the Munich court said.

    Because its output is generated by users of the chatbot via their prompts, OpenAI said, they are the ones who should be held legally liable for it – an argument rejected by the court.

    GEMA welcomed the decision as “the first landmark AI ruling in Europe”, saying it could have implications for other types of creative output.

    Its chief executive, Tobias Holzmüller, said the decision proved “the internet is not a self-service store and human creative achievements are not free templates”.

    “Today, we have set a precedent that protects and clarifies the rights of authors: even operators of AI tools such as ChatGPT must comply with copyright law. Today, we have successfully defended the livelihoods of music creators.”

    Berlin law firm Raue, which represented GEMA, said in a statement that the court’s decision “sets an important precedent for the protection of creative works and sends a clear signal to the global tech industry” while creating “legal certainty for creators, music publishers and platforms across Europe”.

    The ruling “is likely to have an impact far beyond Germany as a precedent”.

    The German Journalists’ Association also hailed the ruling as “a milestone victory for copyright law”.

    OpenAI said in a statement it would weigh an appeal. “We disagree with the ruling and are considering next steps,” it said.

    “The decision is for a limited set of lyrics and does not impact the millions of people, businesses and developers in Germany that use our technology every day.”

    It added: “We respect the rights of creators and content owners and are having productive conversations with many organisations around the world, so that they can also benefit from the opportunities of this technology.”

    OpenAI has faced litigation in the US from authors and media groups claiming ChatGPT has been trained on their work without permission.

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  • China removes two popular gay dating apps from Apple and Android stores | China

    China removes two popular gay dating apps from Apple and Android stores | China

    Two of China’s most popular gay dating apps have disappeared from app stores in the country, raising fears of a further crackdown on LGBT communities.

    As of Tuesday, Blued and Finka were unavailable on Apple’s app store and several Android platforms. Users who had already downloaded the apps appeared to still be able to use them.

    Both apps were still available for download from their official websites. The apps have not released public statements about the removals.

    In a statement to Wired, Apple said: “We follow the laws in the countries where we operate. Based on an order from the Cyberspace Administration of China, we have removed these two apps from the China storefront only.”

    In accordance with the country’s laws, Apple operates a separate app store in China. Several popular apps such as Facebook, Instagram and other western social media platforms are unavailable to Chinese users. International dating apps such as Grindr and Tinder are also blocked.

    Founded in 2012 in China, Blued is the country’s most popular dating app for gay men. It has more than 40 million registered users worldwide. In recent years, it has diversified into other services such as livestreaming, but it is still primarily considered an app for gay men.

    In 2020, Blued’s parent company acquired Finka.

    Homosexuality is legal in China. But after decades of opening and liberalisation, open displays of LGBT identity have been pushed further underground. LGBT civil society organisations have been forced to close and Shanghai Pride, the country’s biggest pride event, was suspended in 2020. In September, a horror film was digitally altered to turn a gay couple into a straight couple for its release in China.

    A founder of an LGBT community organisation, who asked to remain anonymous over fears about his safety, said he was “extremely shocked” to see Blued and Finka removed from the app stores.

    “The living space for sexual minorities has been shrinking over the past few years … but hearing this news now, it caught me off guard that online spaces are also shrinking,” he said.

    “Don’t apps like Blued contribute to social stability and harmony? Why remove them from app stores? I find it difficult to understand their underlying thinking,” he added.

    It is not clear why the apps were removed or whether it is to be a permanent move. But internet users immediately expressed their concern.

    One WeChat user wrote that Blued “made countless people realise for the first time that they weren’t alone; it brought a group from the margins to being seen”.

    The Cyberspace Administration of China could not be reached for comment.

    Additional research by Lillian Yang

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  • SoftBank sells stake in Nvidia for $5.8bn as it doubles down on OpenAI bets | Technology sector

    SoftBank sells stake in Nvidia for $5.8bn as it doubles down on OpenAI bets | Technology sector

    The Japanese technology investor SoftBank intensified the debate about valuations in the artificial intelligence world on Tuesday by revealing it had sold its stake in the chipmaker Nvidia.

    In its latest quarterly results, SoftBank showed it had sold its shares in Nvidia for $5.8bn (£4.4bn) in October, as it doubles down on its bets on OpenAI, the group behind the ChatGPT chatbot. It also reported that second-quarter net profit more than doubled to 2.5tn yen (£12.2bn), driven by valuation gains in its OpenAI holdings.

    SoftBank also sold part of its stake in T-Mobile, as it assembled funds to bankroll its AI investments.

    Asked about the timing of the sale of the Nvidia stake, the chief financial officer, Yoshimitsu Goto, told reporters that because SoftBank’s investment in OpenAI was very substantial, the company had to use its existing assets to finance new investments.

    “This year our investment in OpenAI is large – more than $30bn needs to be made – so for that we do need to divest our existing portfolios,” Goto said. “We did not have a specific [reason to sell] in October and it was nothing to do with Nvidia itself.”

    Shares in Nvidia, whose high-powered chips are in hot demand to power AI datacentres, fell by 3.5% in morning trading in New York after SoftBank’s announcement.

    Other tech shares also slipped, pulling the Nasdaq Composite index down by 0.85% in early trading. Arm, the Cambridge-based chip designer, fell 5.1%, as did the computer memory and storage developer Micron.

    Russ Mould, the investment director at AJ Bell, said: “People are looking for clues that the tech rally is close to the top, and SoftBank’s profit-taking in the chip giant is significant.

    “Investors typically sell out of positions when they believe the valuation is too rich, the growth prospects for the company are less attractive than before, or they’ve found something better to back and need cash to make that investment.”

    Nvidia’s market value had soared during 2024 and 2025, helping to fuel concerns in recent months that an AI bubble was forming. At the end of October it became the world’s first $5tn company but has since fallen back from that high.

    Mould suggested SoftBank had topped up its war chest for the next wave of AI-related investments by cashing in its stake in Nvidia.

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    “Nvidia has had a storming run on the markets and SoftBank might think it is prudent to cash in while the going is good.

    “Nvidia’s role in an AI world is already well known, yet OpenAI’s position is still evolving, so it might simply be that SoftBank sees the latter as a better way of profiting from the tech explosion going forward, rather than sticking with yesterday’s trailblazer.

    “What’s important for markets is the fact that SoftBank’s exit from Nvidia isn’t the Japanese group washing its hands completely of all things AI,” Mould said.

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  • Metasurfaces show promise in boosting AR image clarity and brightness

    Metasurfaces show promise in boosting AR image clarity and brightness

    New design could make augmented reality glasses more power-efficient and practical for everyday wear.

    Researchers at the University of Rochester have designed and demonstrated a new optical component that could significantly enhance the brightness and image quality of augmented reality (AR) glasses. The advance brings AR glasses a step closer to becoming as commonplace and useful as today’s smartphones.

    “Many of today’s AR headsets are bulky and have a short battery life with displays that are dim and hard to see, especially outdoors,” says research team leader Nickolas Vamivakas, the Marie C. Wilson and Joseph C. Wilson Professor of Optical Physics with URochester’s Institute of Optics. “By creating a much more efficient input port for the display, our work could help make AR glasses much brighter and more power-efficient, moving them from being a niche gadget to something as light and comfortable as a regular pair of eyeglasses.”

    In the journal Optical Materials Express, the researchers describe how they replaced a single waveguide in-coupler—the input port where the image enters the glass—with one featuring three specialized zones, each made of a metasurface material, to achieve improved performance.

    “We report the first experimental proof that this complex, multi-zone design works in the real world,” says Vamivakas. “While our focus is on AR, this high-efficiency, angle-selective light coupling technology could also be used in other compact optical systems, such as head-up displays for automotive or aerospace applications or in advanced optical sensors.”

    Metasurface-powered AR

    In augmented reality glasses, the waveguide in-coupler injects images from a micro-display into the lenses so that virtual content appears overlaid with the real world. However, the in-couplers used in today’s AR glasses tend to reduce image brightness and clarity.

    To overcome these problems, the researchers used metasurface technology to create an in-coupler with three specialized zones. Metasurfaces are ultra-thin materials patterned with features thousands of times smaller than a human hair, enabling them to bend, focus or filter light in ways conventional lenses cannot.

    “Metasurfaces offer greater design and manufacturing flexibility than traditional optics,” says Vamivakas. “This work to improve the in-coupler, a primary source of light loss, is part of a larger project aimed at using metasurfaces to design the entire waveguide system, including the input port, output port and all the optics that guide the light in between.”

    For the new in-coupler, the researchers designed metasurface patterns that efficiently catch incoming light and dramatically reduce how much light leaks back out. The metasurfaces also preserve the shape of the incoming light, which is essential for maintaining high image quality.

    This research builds on earlier theoretical work by the investigators that showed a multi-zone in-coupler offered the best efficiency and image quality. Vamivakas says that advances in metasurface gratings enabled the design flexibility to create three precisely tailored zones while state-of-the-art fabrication methods—including electron-beam lithography and atomic layer deposition—provided the precision needed to build the complex, high-aspect-ratio nanostructures.

    “This paper is the first to bridge the gap from that idealized theory to a practical, real-world component,” says Vamivakas. “We also developed an optimization process that accounts for realistic factors like material loss and non-ideal efficiency sums, which the theory alone did not.”

    Three-zone performance test

    To demonstrate the new in-coupler, the researchers fabricated and tested each of the three metasurface zones individually using a custom-built optical setup. They then tested the fully assembled three-zone device as a complete system using a similar setup to measure the total coupling efficiency across the entire horizontal field of view from -10 degrees to 10 degrees.

    The measurements showed strong agreement with simulations across most of the field of view. The average measured efficiency across the field was 30 percent, which closely matched the simulated average of 31 percent. The one exception was at the very edge of the field of view, at -10 degrees, where the measured efficiency was 17 percent compared to the simulated 25.3 percent. The researchers attribute this to the design’s high angular sensitivity at that exact angle as well as potential minor fabrication imperfections.

    The researchers are now working to apply the new metasurface design and optimization framework to other components of the waveguide to demonstrate a complete, high-efficiency metasurface-based system. Once this is accomplished, they plan to expand the design from a single color (green) to full-color (RGB) operation and then refine the design to improve fabrication tolerance and minimize the efficiency drop at the edge of the field of view.

    The researchers point out that for this technology to be practical enough for commercialization, it will be necessary to demonstrate a fully integrated prototype that pairs the in-coupler with a real micro-display engine and an out-coupler. A robust, high-throughput manufacturing process must also be developed to replicate the complex nanostructures at a low cost.

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