Nearly half of Kalshi users faced glitches during college football games, but the company confirmed no funds were lost. The platform resumed normal operations after temporary delays affected web and app services.
Global companies are slashing jobs amid AI adoption, but experts say the technology is often used as an excuse for layoffs. Overhiring and business pressures may be the real reasons behind the cuts.
Anthropic, the AI startup founded by the Amodei siblings, faces criticism from Trump’s AI czar while racing against OpenAI for market leadership. The company champions stricter safety and transparency rules, contrasting with OpenAI’s regulatory stance.
Gold fell more than 2% on Friday after reaching a record above $4,300 per ounce, pressured by a stronger dollar and President Trump’s tariff remarks. The metal is still poised for a strong weekly gain amid safe-haven demand.
European stocks rose on Thursday, led by gains in food, beverage, and banking sectors, while political stability in France and strong corporate earnings supported markets. Whitbread fell as profits declined, while Nestlé surged amid a major workforce reduction.
South Korea’s Kospi hit a record high for the third straight day, driven by optimism around U.S. trade talks. Meanwhile, the Kosdaq fell and other Asia-Pacific markets struggled amid banking and trade concerns.
The U.S. dollar is set for a weekly loss amid trade tensions, regional bank concerns, and a partial government shutdown, with investors turning to safe-haven currencies like the Swiss franc and yen. The euro and dollar index also reflect significant weekly movements.
Pakistan’s Information Minister Ata Tarar criticized the ICC’s statement on the deaths of three Afghan cricketers, calling it selective and biased. He urged fair and balanced recognition of such tragedies.
England defeated India by four runs in a thrilling Women’s World Cup match in Indore, advancing to the semifinals. The closely contested victory highlighted England’s composure and tactical brilliance under pressure.
Virat Kohli credits Australia’s intense cricketing environment with shaping his resilience and mental toughness. Facing high-pressure challenges abroad helped him grow both as a cricketer and as an individual.
