Amazon wins FCC approval for $11.5 billion Globalstar acquisition to challenge Starlink

The Hindu Business Line - Oct 27, 2026

The approval strengthens Amazon’s plans for satellite broadband and direct-to-device connectivity as technology companies compete for a growing market

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Trump says he will ban term artificial intelligence
Oct 27, 2026
Trump says he will ban term artificial intelligence

WASHINGTON — US President Donald Trump said he would ban the term artificial intelligence in documents and everything else, as he questioned why the Wall Street Journal was not using his preferred term, super intelligence. "When will The Wall Street Journal start calling Artificial Intelligence (AI), a very bad and inaccurate name, SI (Super Intelligence), the name which virtually everyone else is using, or soon will be," Trump said in a post on Truth Social. "In short order, we will be officially BANNING the term, “AI/Artificial Intelligence,” in all relevant documents, and everything else, due to its inaccuracy."

Cornell faces questions over dorm assignment for student disciplined in sexual assault case
Oct 27, 2026
Cornell faces questions over dorm assignment for student disciplined in sexual assault case

One of the seven Cornell University students disciplined in connection with an alleged 2024 gang rape at a fraternity house returned to campus this fall after a three-semester suspension and was placed in a co-ed dorm with a roommate who had no idea about his past, according to a professor familiar with the housing arrangement. University housing officials then left the accused student in that shared room for two weeks after the woman who made the allegation filed a lawsuit in September publicly accusing him of rape , psychology professor Corinna Loeckenhoff said at a Faculty Senate meeting. Meanwhile, Cornell students shared the accused student’s name and dorm location on social media. “This was a clear security risk,” Loeckenhoff told Cornell President Michael Kotlikoff at the Oct. 14 meeting, according to a recording obtained by The Associated Press. “Cornell’s own records show that, at the very least, he admitted to taking drugs and having sex with an intoxicated person,” Loeckenhoff said. “Why was Housing Services not aware of this? They had no clue until the shocked

US stocks tick higher as Broadcom and other AI companies lift market
Oct 27, 2026
US stocks tick higher as Broadcom and other AI companies lift market

NEW YORK — Wall Street is ticking higher Tuesday as stocks in the artificial-intelligence industry support the market, at least for now. The S&P 500 rose 0.5 percent and pulled within 1.3 percent of its all-time high set earlier this month. The Dow Jones Industrial Average was up 27 points, or 0.1 percent, as of 11 a.m. Eastern time, and the Nasdaq composite was 0.9 percent higher. The majority of stocks within the S&P 500 were falling, but gains for several influential AI stocks made up for that. Such stocks have been swerving for weeks on worries about whether their boom is under threat because of how expensive it’s become for companies to borrow money to build data centers and buy more AI chips. Broadcom climbed 3.3 percent after announcing a $63 billion financing deal where several Wall Street firms will help Anthropic get access to Broadcom's XPU AI accelerators and networking solutions. Elsewhere in the industry, Advanced Micro Devices rose 4 percent and was one of the strongest forces pushing up on the S&P 500 after Broadcom. CoreWeave, a company that’s borrowed money to buy

Big Tech earnings to test AI boom amid market turmoil
Oct 27, 2026
Big Tech earnings to test AI boom amid market turmoil

Amazon, Microsoft and Alphabet are expected to report accelerating cloud growth this week, but turbulence in global markets and mounting concerns over the cost of financing AI investments are clouding the outlook. Investors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI cloud providers such as CoreWeave and record costs to insure Meta Platform's debt have amplified concerns about how the massive AI infrastructure buildout is being funded, particularly as higher U.S. interest rates loom. Market turmoil has rekindled warnings of an AI bubble from investors, including hedge fund Citadel's founder Ken Griffin, and pushed companies to delay their IPOs. An expected Democratic sweep of the U.S. midterm elections could spell more trouble for data centers that are already a target of protests over their impact on power grids, electricity bills and the environment. China's tech-stock boom has unravelled, wiping out about $480 billion in market value in less than four months as concerns over AI demand and spending an

Localized Ukraine ceasefire brokered by Melania Trump starts as Nordic leaders speak to Putin
Oct 27, 2026
Localized Ukraine ceasefire brokered by Melania Trump starts as Nordic leaders speak to Putin

KHERSON, Ukraine — Russia and Ukraine began observing a localized ceasefire in a devastated southern Ukrainian city on Tuesday, ahead of a planned humanitarian mission the White House said was brokered by U.S. first lady Melania Trump. Moscow kept up its deadly missile attacks on other cities in the meantime. Meanwhile, Finland’s president and Norway’s prime minister spoke by phone with Russian President Vladimir Putin, officials said, in their first known direct contact since shortly after Russia's all-out invasion of Ukraine began on Feb. 24, 2022. Many Western officials have accused Putin of masterminding a campaign of disruption across Europe and have sought to diplomatically isolate the Russian leader. Norwegian Prime Minister Jonas Gahr Støre and Finnish President Alexander Stubb later spoke with Ukrainian President Volodymyr Zelenskyy, according to Zelenskyy's office. A ceasefire takes hold in a southern Ukraine city, officials say A local pause in fighting started at 3 a.m. to allow an aid mission into the Russian-occupied city of Oleshky this week. Food and medical supplie

Trump returns to Texas for high-stakes push to keep state in Republican hands
Oct 27, 2026
Trump returns to Texas for high-stakes push to keep state in Republican hands

WASHINGTON — President Donald Trump will be joined by one of his potential successors on Tuesday as he tries to keep Texas, which hasn't elected a Democrat to statewide office in 32 years, in the Republican column in next week's midterm elections. The president will appear in Corpus Christi and Lubbock in his effort to boost Republican Ken Paxton's competitive U.S. Senate campaign against Democrat James Talarico. Secretary of State Marco Rubio plans to help Trump show off a newly arrived oil tanker filled with Venezuelan crude to be processed in Texas refineries, according to a congressional aide and two U.S. officials who spoke on the condition of anonymity to discuss Rubio’s schedule ahead of a public announcement. The events mark Trump's third swing through Texas since holding a first-of-its-kind midterm convention in Dallas in September, a sign of the significance he's putting on a state that has spent decades as a Republican stronghold. However, Talarico has made the race competitive, capitalizing on a difficult political environment for Republicans and Paxton's history of ethic

US Poll Watchdog Disables Website Services After Hacking Attempt A Week Before Midterms
Oct 27, 2026
US Poll Watchdog Disables Website Services After Hacking Attempt A Week Before Midterms

The outage has prevented political organisations and committees from submitting mandatory 24-hour and 48-hour spending reports.

Marcos seeks stronger PH ties with Jordan, Chad, Fiji, Burundi
Oct 27, 2026
Marcos seeks stronger PH ties with Jordan, Chad, Fiji, Burundi

MANILA, Philippines — President Ferdinand Marcos Jr. on Tuesday received the credentials of newly appointed non-resident ambassadors to the Philippines from Jordan, Chad, Fiji and Burundi. The first was His Excellency Nasser S.H. Shraideh, ambassador of the Hashemite Kingdom of Jordan to the Philippines, who conveyed the warm greetings and best wishes of Jordan’s King

Israel wraps up voting in do-or-die election for Netanyahu: What to watch 
Oct 27, 2026
Israel wraps up voting in do-or-die election for Netanyahu: What to watch 

Israeli voters headed to the polls Tuesday for a closely watched election that is widely regarded as a referendum on Prime Minister Benjamin Netanyahu and his administration.  The election, which could endanger Netanyahu’s nearly 19 years leading the country, has seen record turnout. Voting closed at 10 p.m. local time, or 4 p.m. EDT.  Here’s...

Fleetwood v Arsenal LIVE: Carabao Cup latest score as League Two minnows plot upset
Oct 27, 2026
Fleetwood v Arsenal LIVE: Carabao Cup latest score as League Two minnows plot upset

The Premier League champions face the side currently in 18th in League Two in the fourth round of the Carabao Cup

James Blunt, Andrea Bocelli and Idina Menzel to headline Royal Variety Performance 2026
Oct 27, 2026
James Blunt, Andrea Bocelli and Idina Menzel to headline Royal Variety Performance 2026

Comedian Jason Manford will host for the third time, while there will also be performances from the likes of Vanessa William and Jack Savoretti

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