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Consumer Tech (Oct 12-16): Big Banks Reports Earnings, Anthropic Revenue Jumps 45% & More

by Lekha Gupta | Oct 17, 2026 | General

President Donald Trump’s White House ballroom project donor list reportedly reveals companies and individuals linked to federal contracts, policy decisions, and a presidential pardon. President Donald Trump’s administration is reportedly planning to move three senior...

Disney to Spend $60 Million a Year on Character.AI Talent After Its Own Layoffs as AI Startup Faces Bankruptcy

by Mohd Haider | Oct 17, 2026 | General

Walt Disney Co. (NYSE:DIS) plans to pay $60 million a year for 66 Character.AI employees, shortly after reducing its own workforce. The compensation plan appears in a Chapter 11 filing by Character.AI’s parent company. Disney Bets on AI Under CEO Josh D’Amaro The...

Trump Waives Russia-Related Tariffs Weeks After Signing Sanctions Bill, Easing Pressure on Putin as Oil Prices Bite Ahead of Midterms

by Ananya Gairola | Oct 17, 2026 | General

President Donald Trump has suspended key Russia-related sanctions and tariff provisions days before they were due to take effect, easing potential economic pressure on Moscow as rising energy costs weigh on American consumers. Trump Waives Russia Sanctions Under New...

Starlink Says It’s Ready to Connect India as Mukesh Ambani’s Reliance Defends ‘Same Process’ for All: ‘Much Appreciated,’ Says Musk

by Ananya Gairola | Oct 17, 2026 | General

Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) Starlink said it is prepared to launch high-speed satellite internet in India as Mukesh Ambani’s Reliance Industries defends the country’s approval process. Starlink Says It Has Built India Infrastructure On Friday,...

Bernie Sanders Slams Trump’s Claim That US Is ‘Making a Fortune’ From High Oil Prices, Calls for Windfall Profits Tax on Big Oil

by Mohd Haider | Oct 17, 2026 | General

Sen. Bernie Sanders (I-Vt.) on Friday called for a windfall profits tax on oil companies after President Donald Trump said the U.S. is profiting from high oil prices tied to the Iran war. Big Oil Profits Draw Sanders’ Criticism Sanders wrote on X, “America is...
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