Tech
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Elevation Lab pulls AirTag Silencer following stalking concerns
A product designed to mute Apple AirTags has been pulled from the market after critics warned it could facilitate illicit tracking. Elevation Lab, the manufacturer behind the AirTag Silencer, issued a formal apology this week, acknowledging that the device compromised essential anti-stalking safeguards built into the hardware.
Amazon discounts the new Apple TV 4K ahead of November launch
Hisense VoyageBoom speaker drops to record low ahead of Halloween
Roborock Saros 20 Drops to $1,499 in First Ever Discount
T-Mobile launches aggressive $1,000 credit on Apple iPhone Duo
Business
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Nike Stakes Future on New Bengaluru Global Campus
Porsche Unveils Mission S Concept to Anchor New Design Strategy
KFC Ends Decades-Long Pepsi Partnership for Coca-Cola in U.S.
JetBlue Launches BlueFirst to Capture Domestic Premium Demand
Southwest Airlines Replaces Loyalty Tiers with New Status System
U.S. Fuel Economy Rollback Triggers Shift Toward High-Margin V-8s
Finance faces
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Harvard Endowment Outpaces S&P 500 With Massive SpaceX Stake
A 27.1% return for the fiscal year ending June 30 has propelled Harvard University's endowment to a record $68 billion. The university's aggressive investment strategy, headlined by a $2.2 billion position in Elon Musk’s SpaceX, allowed the nearly 400-year-old institution to comfortably outperform the S&P 500’s 22.3% gain.
Walleye Capital scales up stock-picking unit amid executive turnover
After losing equity unit COO Matt Giannini to Citadel, $17 billion hedge fund Walleye Capital is aggressively expanding its talent pool. The firm has tapped Jordan Tanner from Balyasny and Millennium's Anna Dev to bolster its long-short division, signaling a strategic push to scale risk-taking capacity despite a difficult performance year.
Apollo Pushes to End Chaotic Private Equity Hiring Sprints
Private equity giant Apollo is delaying its 2028 associate recruiting cycle, refusing to participate in the industry’s high-pressure, early-bird hiring ritual. By waiting until candidates have nearly a full year of banking experience, the firm aims to force a structural reset on a process that critics label unethical.
Musk Pledges SpaceX Liability for Grok AI Financial Errors
Elon Musk has promised that SpaceX will reimburse users for financial losses or data leaks resulting from errors made by Grok’s AI agent. This commitment follows reports of the bot successfully booking flights via credit card photos, marking a departure from industry standards that typically place all transaction risk on the user.
Wall Street CEOs scramble to defend against rogue AI
As Wall Street giants reported third-quarter earnings this week, a singular, non-financial threat dominated executive sessions: the prospect of rogue AI agents exploiting corporate software. From Bank of America to JPMorgan, CEOs signaled a shift toward aggressive defensive posturing against emerging models capable of identifying and infiltrating internal digital infrastructure.
Bank of America deploys 1,000 contractors to counter rogue AI threats
Bank of America has mobilized an additional 1,000 external consultants to fortify its software architecture against sophisticated AI models. CEO Brian Moynihan confirmed the initiative during a Wednesday earnings call, citing specific security vulnerabilities exposed by Anthropic’s Mythos model and the broader rise of autonomous cyber-threats.