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| News without the noise |
| Monday 2 November 2026 · The Daily Edition |
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 AI · 3 min
A quarter-century after Tim Berners-Lee envisioned an internet navigated by autonomous software agents, that vision is finally being realised, though not in the way he imagined. The 'agentic web,' in which large language models use the internet and carry out tasks for people, is emerging, driven by tools such as Meta's Muse, OpenAI's Dots, and Anthropic's Claude Duet. It promises a more intuitive online experience but could disrupt the web's economic foundations and raises questions about control, safety, and who ultimately holds power online. |
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Crypto · Developing · 12 sources · 2 min
Binance has restored withdrawals in US dollars after reopening its systems in phases following last week's $6.3bn hack, but the exchange has now processed more than $7bn in net outflows. Founder Changpeng Zhao warned that scammers are 'on over drive now' and that screenshots circulating online offering fake compensation are false. | | | AI · 3 min
Nanjing Iron & Steel Co. (NISCO) and Huawei have commercially deployed the YuanYe Steel Large Model, claimed to be the world's first steel model powered by swarm intelligence, across multiple production scenarios. The system embeds AI into every core stage of steelmaking, from ironmaking to quality inspection, and the companies report that new product R&D cycles have been shortened by 50 per cent, while annual costs have been reduced by over CNY100 million (approximately US$15 million). | | | Security · 2 min
Ivanti has released security updates to patch two zero-day vulnerabilities in its Connect Secure (ICS) remote access gateways, which threat actors have chained in attacks since at least October 1. |
| | Editor's picks AI · India has proposed an AI training framework that moves models to the data so owners keep control of their information. Security · Synology has issued a rare advisory warning of a surge in C3RB3R ransomware attacks and urging immediate DSM updates. |
Today's segment · The Numbers
Where the AI trade closed
The market briefs, and the names that moved most. |
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AMD -10.9% · ASML -6.5% · TSMC -6.0%
Wall Street
Close, Fri, 30 Oct
AI and robotics stocks ended a punishing Friday deep in the red, hit hardest by a rout across the semiconductor complex that fuels the industry's expansion. AMD was the worst affected, dropping 10.88 percent, while Nvidia fell 4.22 percent after a Justice Department probe into its Hugging Face acquisition and reports that US officials concluded an associate of Nvidia's CEO was a Chinese asset. Broadcom, TSMC, and ASML each shed more than five percent.
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ASML -5.8% · SAP +1.2%
Europe
Close, Fri, 30 Oct
European markets closed lower, with the Euro Stoxx 50 down 1.07% and the DAX off 0.76%, while the FTSE 100 managed a marginal gain of 0.03% and the IBEX 35 fell 0.85%. The euro was little changed against the dollar. ASML dropped 5.78% and SAP rose 1.17%.
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BrainChip +4.8% · DroneShield -3.3% · Humanoid ETF (ASX) -2.7%
ASX
Close, Mon, 2 Nov
Australian tech stocks closed mixed, with the ASX 200 down 0.58 per cent. NextDC added 1.36 per cent. WiseTech Global, Xero and TechnologyOne each slipped less than 1 per cent, while DroneShield fell 3.28 per cent. BrainChip bucked the trend, gaining 4.76 per cent.
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