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Meta’s $145 Billion AI Spending Plan Raises Credit Concerns as S&P Global Turns Outlook Negative: ‘Less Certain That It Will Curtail Its Spending’

by Mohd Haider | Oct 31, 2026 | General

S&P Global Ratings (NYSE:SPGI) revised its outlook on Meta Platforms Inc. (NASDAQ:META) to “negative” from “stable” on Friday, citing uncertainty over the company’s capital spending and free operating cash flow (FOCF). Spending Plans Raise...

Meta, TikTok and X Lose UK Court Fight Over Requests for Social Media Safety Data

by Ravikash Bakolia | Oct 31, 2026 | General

On Friday, Meta Platforms, Inc. (NASDAQ:META), TikTok and X lost their legal challenge in London’s High Court against Ofcom over the British regulator’s requests for information under the Online Safety Act. This marks one of the first major legal tests of the U.K.’s...

Trump Reveals US Probing $6.3 Billion Binance Crypto Hack As North Korea-Linked Hackers Come Under Suspicion, Says Exchange Told Officials Situation Is ‘Pretty Much Under Control’

by Mohd Haider | Oct 31, 2026 | General

President Donald Trump said Friday his administration is investigating the $6.3 billion hack of cryptocurrency exchange Binance, the largest such theft on record. When asked in the Oval Office whether North Korean hackers were responsible, Trump said, “We don’t...

Trump Gets Rare White House Military Briefing On Iran as US Prepares for Potential New Bombing Campaign: Report

by Ananya Gairola | Oct 31, 2026 | General

On Thursday, President Donald Trump reportedly received a rare briefing from America’s top Middle East military commander on potential operations against Iran, as the Pentagon steps up preparations for a possible return to major hostilities. Trump Weighs Another Iran...

US Clears $2.1 Billion Lockheed Martin Patriot Missile Sale to Ukraine, But Zelenskyy Says Deliveries Could Take Years: ‘There Is Real Danger’

by Mohd Haider | Oct 31, 2026 | General

The U.S. State Department said on Friday that it approved the sale of 500 Patriot PAC-3 missiles to Ukraine for an estimated $2.1 billion, one of the most significant defensive weapons steps for Kyiv since the second Trump administration began. Allies and EU Loan Fund...
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