Business & Technology
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US oil firm finds no buyer for drilling project tied to expected Trump–Putin talks
South Texas oil producer Patriot Energy has spent weeks offering rights to a new drilling project, but no buyer has come forward. Its owner hopes the project will benefit from upcoming talks between US President Donald Trump and Russian President Vladimir Putin.
TVNET · 30 Oct, 22:10
AI-first law firm Crosby bids for assets of collapsing Wall Street firm Weil Gotshal
Crosby, a two-year-old law firm built around artificial intelligence, has bid for some assets of the US firm Weil, Gotshal & Manges. Weil Gotshal itself is preparing a vote on dissolving.
TechCrunch · 30 Oct, 22:09
Dienas Bizness Publisher Receives Recovery Fund Support for Digital Transformation
Latvian publisher Izdevniecība “Dienas bizness” has signed a contract with the Central Finance and Contracting Agency for Recovery Fund support to modernise its media processes. The project includes CRM systems, mobile and Smart TV apps, and expanded existing platforms.
Diena · 30 Oct, 21:09
Googlebook hands-on: Google's new Android laptop OS still feels unfinished
Google and its hardware partners launched Googlebook laptops this month, running an Android-based OS meant to replace ChromeOS. Engadget's reviewer finds the software not yet fully baked, especially given the prices.
Engadget · 30 Oct, 21:09
Poikans: AI could lower the intellect of this generation
Ilmars Poikans, a University of Latvia researcher, says artificial intelligence is a powerful tool, but uncritical use creates dependence. He suggests this generation's average intelligence level may fall.
NRA · 30 Oct, 21:09
UK approves Sea Link subsea electricity cable project
The UK government on Friday approved the Sea Link subsea power grid project between the counties of Suffolk and Kent, capable of carrying 2 GW of electricity. Construction is expected to begin in early 2027.
Ukrainska Pravda · 30 Oct, 20:10
Startup Satlyt tests software for sharing computing tasks between computers in orbit
US startup Satlyt ran a test this month in which its software planned how to distribute computing tasks among computers in orbit. The test was part of a NASA-funded research project with the University of Houston.
TechCrunch · 30 Oct, 20:09
FAO and IGAD warn El Niño raises risk of Rift Valley fever outbreaks in Eastern Africa
The UN Food and Agriculture Organization (FAO) and the Intergovernmental Authority on Development (IGAD) are urging Eastern African countries to step up surveillance, as El Niño-driven heavy rain and flooding raise the risk of Rift Valley fever.
FAO · 30 Oct, 20:08
Google's prototype space data center satellite goes live in orbit and writes a haiku
The prototype satellite of Google's Suncatcher project, carrying a single TPU chip, is communicating with the ground and operating nominally. Its first task was writing a haiku about being in space.
TechCrunch · 30 Oct, 19:10
Discounted Vizio Mini LED TV at Walmart Lets Buyers Skip Smart Features
US retailer Walmart is discounting Vizio's Mini LED Quantum TVs: the 65-inch model costs $358 and the 85-inch costs $698. The built-in smart TV system can be disabled during setup.
The Verge · 30 Oct, 19:09
US tech stocks slide as investors fear rising AI costs
US stocks extended their fall on Friday as investors grew more worried about the soaring cost of building out artificial intelligence infrastructure. Chipmaker Intel was hit hardest, with shares dropping by as much as 30%.
BBC World · 30 Oct, 18:12
Wikimedia Foundation Weighs In on NYT Lawsuit Against OpenAI, Urging a Balanced Approach
The Wikimedia Foundation, the organization behind Wikipedia, has filed an amicus brief in the New York Times copyright case against OpenAI and Microsoft. It urges the court to avoid extreme rulings and to apply fair use only to specific AI use cases.
Engadget · 30 Oct, 18:11
Researcher warns AI could make this the first generation with a falling intelligence level
Ilmārs Poikāns, a researcher at the University of Latvia, says uncritical use of artificial intelligence may make people dependent on it and lower the average intelligence of a generation. He also calls AI a multiplier of abilities for those who know how to use it.
Jauns.lv · 30 Oct, 18:11
Fan Fiction Site Archive of Our Own Goes Offline After Security Incident
The popular fan fiction website Archive of Our Own (AO3) was taken down on October 29 for maintenance following a security incident, and full restoration could take up to four weeks. Fans are compiling downloaded stories, and users are urged to change their passwords.
Wired · 30 Oct, 18:11
Theranos whistleblower warns the AI boom makes deception easier
Tyler Shultz, who exposed fraud at blood-testing startup Theranos, warns that investors will struggle to vet companies in the AI boom. He spoke as a documentary about Elizabeth Holmes draws attention.
TechCrunch · 30 Oct, 18:09
Theranos whistleblower warns AI boom is an opportunity to deceive people
Tyler Shultz, who helped expose Theranos' faulty blood-testing devices, says due diligence is especially hard in AI startups. He argues investors should stop funding founders after a brief meeting.
TechCrunch AI · 30 Oct, 18:09
Gold Price Falls to Lowest Level in Three and a Half Months
Gold fell 1% on Friday to $3,980.4 an ounce, while silver dropped 3.6%. Analysts point to strong US economic data and rising inflation.
Diena · 30 Oct, 18:09
Wheat Prices Fall on Exchanges While Polish Domestic Market Climbs
Wheat prices on exchanges are falling because of fund profit-taking and hopes of a Black Sea reopening. In Poland's domestic market prices are rising, as grain supply is limited and feed mills are driving demand.
farmer.pl cenas (Polija) · 30 Oct, 18:09
German Pig Prices Plunge, Adding Pressure on Polish Producers
The VEZG exchange in Germany has cut its recommended pig price to 1.32 euros per kilogram, down 8 euro cents in a week. Polish slaughterhouses have cut prices by less, but farmers say production is unprofitable.
farmer.pl cenas (Polija) · 30 Oct, 18:08
North Korean Hackers Suspected in Over $6 Billion Binance Crypto Theft
Analytics firms TRM Labs and Chainalysis believe the attack on the Binance cryptocurrency exchange may have been carried out by the North Korean group TraderTraitor, also known as Lazarus Group. Binance has pledged to reimburse customers for their losses.
Meduza · 30 Oct, 17:10
Gold price falls to lowest level since mid-July
Gold fell 1% on Friday to $3,980.4 per ounce as US inflation rises and tensions in the Strait of Hormuz raise the chance that the US central bank will lift interest rates. Silver dropped even more sharply.
Jauns.lv · 30 Oct, 17:10
Pope Leo XIV calls to "disarm" AI and ban lethal autonomous weapons
In a Friday address, Pope Leo XIV urged UN member states to take concrete steps toward banning lethal autonomous weapons at their meeting in Geneva next month. He stressed that machines are tools, not persons, and that decisions over human life must stay under human oversight.
The Verge · 30 Oct, 17:10
Apple's New CEO John Ternus Puts Products and Continuity First
Apple CEO John Ternus, in the job for under two months, unveiled a new MacBook Pro with a touchscreen in Los Angeles. In an interview he stressed products, cultural continuity and a measured approach to artificial intelligence.
Wired · 30 Oct, 17:09
Prosecutors from Islamic Cooperation states in Azerbaijan call for a global anti-corruption enforcement coalition
Azerbaijan hosted the Third High-Level Meeting of the Heads of Anti-Corruption Law Enforcement Agencies of Organisation of Islamic Cooperation member states. It focused on the Makkah al-Mukarramah Convention, which aims to speed up information sharing and the recovery of stolen funds.
Euronews Business · 30 Oct, 16:11
TechCrunch Founder Summit in Boston to Offer Networking Through Braindate
TechCrunch's Founder Summit for startup founders takes place November 4 in Boston. Attendees will be able to use the Braindate platform to arrange one-on-one and small-group conversations.
TechCrunch AI · 30 Oct, 16:10
North Korean hackers blamed for record $6.3 billion crypto theft from Binance
Security researchers blame North Korean hackers for the largest known cryptocurrency theft in history, with at least $6.3 billion taken from the Binance exchange. About half of the sum has reportedly been frozen, and the investigation is ongoing.
TechCrunch · 30 Oct, 16:10
Spanish startup Talky Labs raises €1.5 million to automate accounting with AI
Madrid-based startup Talky Labs, which develops AI technology to automate accounting and financial operations, has closed a €1.5 million pre-Seed round. The money is earmarked for hiring and product development.
EU-Startups · 30 Oct, 15:11
Estonia's Agrone acquires Riga and Valmiera dairies in Latvia
Estonian agricultural group Agrone Grupp has completed a deal to take over the two largest dairy processors in Latvia. The price has not been disclosed.
ERR (rus) · 30 Oct, 15:11
Runware aims to mass-produce AI data centers in a factory like cars
AI infrastructure company Runware plans to scale its Romania-based factory to 30 megawatts of modular data center capacity per day by 2028. It says each pod can be brought online within 48 hours.
TechCrunch AI · 30 Oct, 15:10
TechCrunch Founder Summit 2026 Opens in Boston on November 4 With Two Stages and Roundtables
TechCrunch's Founder Summit for startup founders takes place on November 4 at SoWa Power Station in Boston. Organizers are offering up to $100 off passes and a free second pass.
TechCrunch · 30 Oct, 15:10
Altman Sympathizes With Mathematicians but Says OpenAI's AI Math Releases Will Continue
OpenAI CEO Sam Altman says he has empathy for mathematicians overwhelmed by the company's AI-generated results, but he will not stop publishing. He also said OpenAI holds more discoveries that remain unreleased.
The Verge · 30 Oct, 15:10
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
Binance, the world's biggest cryptocurrency exchange, reported on Thursday an apparent hack that affected about $6.3 billion. Blockchain intelligence firms link the attack to North Korea.
NPR World · 30 Oct, 15:09
Lenovo Googlebook 15 review: great hardware, but Googlebook OS needs more polish
Engadget's reviewer gave the Lenovo Googlebook 15, which runs Google's new Googlebook OS, 7.9 out of 10. The hardware is praised, while the software still lacks polish and app compatibility.
Engadget · 30 Oct, 14:10
Apple's first touchscreen MacBook Pro: less revolution, more business as usual
Apple has unveiled a MacBook Pro with an OLED display and touch input, a combination its leaders previously dismissed. The Verge's reviewer concludes the touch features currently add to, rather than change, how a laptop is used.
The Verge · 30 Oct, 14:10
Riga's Kundziņsala Overpass, Built for €82.6 Million, to Open on 1 November
Riga's 863.5-metre Kundziņsala overpass, linking Tvaika Street in Sarkandaugava with the island's port territory, opens to traffic on 1 November. The project cost €82.6 million in total.
Dienas Bizness · 30 Oct, 14:09
Berlin's Greentech Alliance to acquire Paris-based mobility network Intermobility
Greentech Alliance, a Berlin-based network for sustainable technology businesses, has agreed to acquire Intermobility, a Paris-based transport and mobility network. The combined network would span more than 5,000 members and partners in 25 countries.
EU-Startups · 30 Oct, 13:11