AI and technology shares recovered some ground Friday after a sell-off erased more than $3.2 trillion from US stock market value Thursday. Investors weighed the prospect of tighter AI rules after the Democrats’ midterm victory alongside stronger-than-expected US jobs figures.
News Mash
Three men face federal charges over an alleged AI impersonation scheme that prosecutors say stole more than $129 million from companies worldwide. Extradition requests are pending after arrests in Spain and the U.K.
Bomb threats disrupted at least 17 European flights by midday Friday, while similar warnings prompted media evacuations in Ireland. No explosives have been found, and authorities have not identified who sent the threats.
Thomas Markle Sr., Meghan’s estranged father, has been arrested in Florida in a case involving child sexual abuse material. He has denied allegations previously reported in a Philippine investigation.
South Florida U.S. Attorney Jason Reding Quiñones resigned as his office oversaw an investigation into an alleged conspiracy against President Trump. The Justice Department gave no reason for his departure, and the probe has not produced charges establishing the alleged conspiracy.
Former Macao lawmaker Au Kam San has been sentenced to 12½ years in prison after a closed-door national security trial. His family calls the case political persecution; authorities say the verdict protects national security.
U.S. employers added 165,000 jobs in October, beating forecasts, while unemployment fell to 4.1%. Wage growth picked up but remained below the latest inflation reading.
Elon Musk says Tesla will wind down Cybertruck production at its Texas factory by mid-2027 to make room for more Cybercabs. He has not said whether the pickup will be discontinued or built elsewhere.