Smoke from fires in neighboring Indonesia has blanketed Singapore in haze, disrupting daily life across the city-state. Joseph Nair/NurPhoto/Getty Images Smoke from fires in Indonesia has blanketed Singapore in haze, obscuring its iconic skyline. Air pollution hit its highest level this year on Friday, reaching "very unhealthy" levels. The haze has disrupted flights, shuttered outdoor sports facilities, and canceled a run for nearly 3,000. Singapore, the Southeast Asian financial hub known for its futuristic skyline, has been blanketed by milky haze as smoke from fires in neighboring Indonesia drifts across the region. The haze has affected Singapore for weeks, with conditions deteriorating in recent days. The pollution has disrupted flights, shut down outdoor sports facilities, and prompted organizers to call off a major running event. On Friday, air quality in parts of Singapore reached "very unhealthy" levels, with pollution readings hitting their highest point this year. Here's what the haze looks like across the city. Singapore's landmark skyline fades into the haze Aditi Bharade Marina Bay Sands, the three-towered hotel overlooking Singapore's waterfront, has been shrouded in a milky haze. Singapore's environmental agency said winds were carrying smoke from fires in Indonesia's Kalimantan region toward the city-state. Pollution has hit its highest level this year Roslan Rahman/AFP/Getty Images On Friday, air quality across much of Singapore reached the "very unhealthy" range on the country's Pollutant Standards Index. At that level, authorities recommend avoiding prolonged or strenuous outdoor activity. The PSI has been in the unhealthy range since October 5, making it 12 days of poor air in the city. The last time things looked this foggy in Singapore was during a 14-day period of hazy conditions in 2015. The country has seen shorter episodes of haze conditions in 2019 and 2023, but those blew over within a couple of days. The haze is affecting air travel Yuichi Yamazaki/AFP/Getty Images Poor visibility has disrupted flights at Singapore's smaller Seletar Airport, leading to diversions and cancellations. Both Seletar and the country's main international airport, Changi, remain operational. Nearly 3,000 runners have had their plans canceled Felin Lim/AFP/Getty Images The ISCA Run, scheduled for Saturday at Gardens by the Bay, was canceled because of the haze, affecting almost 3,000 registered participants. An ISCA spokesperson told Business Insider that organizers made the call early because air conditions remained unpredictable and they were concerned about the safety of runners, including young children taking part in the Family Run. The pollution is keeping people indoors Roslan Rahman/AFP/Getty Images Singapore's public sports operator temporarily closed all outdoor and non-air-conditioned sports facilities it manages across the island on Friday because of the haze. Indoor, air-conditioned facilities have remained open. Read the original article on Business Insider

Tesla's new flying car has unleashed a wave of memes on the internet. Tesla Tesla revealed its next-gen Roadster car during a livestreamed event on Thursday. In the demonstrations, the car flew and did a kickflip. The internet was amused, to say the least. It's a bird, it's a plane, it's Tesla's new flying car. Elon Musk's Tesla revealed its next-generation Roadster vehicle during a livestreamed event on Thursday. In a futuristic display of its capabilities, the car drove up a curved ramp until it was upside down, became airborne, engaged its thrusters at the bottom, and did a midair flip before landing. In another demonstration, it sped toward a line of cars, took off, did a kickflip over the cars, and landed on the other side. The demo was, by all measures, jaw-dropping. But the internet took all of minutes to turn the flying, kickflipping car into a meme. The best memes we've seen so far The overhead signs on the freeway give ample allowance for tall vehicles. Not so much for flying cars. POV: your Tesla’s pressurized line breaks pic.twitter.com/pw8QF7K9TB — Cole | Dental SEO (@AllGasSeo) October 16, 2026 Some internet users had the traffic police in their prayers. Sir let me see your drivers license and registratiooooohhh my god pic.twitter.com/k0OxLvXFPU — Probly (@ProblyHQ) October 16, 2026 We're not yet sure if roadster kickflips will be allowed on public roads. One X user made an early prototype of a new road sign: New road signs in the making… 🏎️🔄 pic.twitter.com/kVLcIZoYYH — Thexercisedude (@thexercisedude) October 16, 2026 Meanwhile, others were already thinking of how to get ahead of morning traffic. When the Karen in the left lane is going 10 under pic.twitter.com/9Bn5E4rrvw — KINGPIN (@HeyyBigGuy) October 16, 2026 If you've ever spilled a drink because of a sudden speed bump, imagine how much worse an unexpected flight might be. The hell pic.twitter.com/9ttyp8wCum — Jean Cabone (@jeancabone) October 16, 2026 My $10 coffee after I skipped the intersection. pic.twitter.com/CXgQTrAQVH — MrSwitzTV (@MrSwitz71) October 16, 2026 One practical-minded X user was more concerned about how Roadsters, in all their soaring glory, could be insured. Cars insurers right now pic.twitter.com/geV5OV1bn6 — Karani (@Weyne_west) October 16, 2026 Finally, there had never been a better time to quote "Back to the future." pic.twitter.com/w0WHhVoj1Q — Safe Spaces | Commentary+ (@real_safespaces) October 16, 2026 Read the original article on Business Insider

Artificial intelligence infrastructure firm Nscale is seeking to raise up to $3 billion in an initial public offering as soon as this month, just as investors are growing increasingly wary of the risks of the AI buildout. The UK firm has also been hit by regulatory hurdles, a fire and other delays during construction of a flagship data center in Norway. Bloomberg's Paula Doenecke reports. (Source: Bloomberg)

NetApp’s latest Excellerator cohort focuses on AI software engineering, cybersecurity, workflow automation and enterprise data intelligence.

Six vendors announced Leader placement in Gartner’s 2026 Magic Quadrant for API Management within ten days … IBM Is a Gartner API Management Leader for the 11th Time. Now the Test Is AI Agent GovernanceRead more The post IBM Is a Gartner API Management Leader for the 11th Time. Now the Test Is AI Agent Governance appeared first on DataFLOQ.

Tesla demonstrated the vehicle’s ability to accelerate, perform aerial manoeuvres and use a suction system to remain attached to a ramp while inverted.

Nagarro-related expenses pushed Persistent’s reported profit down 25.4%, despite 20.8% constant-currency revenue growth in Q2 FY27.

Federal Reserve Chairman Kevin Warsh speaks to IMF chief Kristalina Georgieva at an IMF event in Bangkok, Thailand. (Source: Bloomberg)

Reuters: Chinese state media: during an interview, Tim Cook says China has approved Apple Intelligence, and a test version will arrive in late October without Siri AI  —  Apple's (AAPL.O) chairman Tim Cook said Apple Intelligence has been approved in China and a test version is due later in October …

Taiwan is preparing to tighten export controls on AI chips to further align with US restrictions, according to a senior official in Taipei, joining a Trump administration clampdown on the smuggling of cutting-edge semiconductors to China.

ByteDance's short-drama app Hongguo is taking over China. LIU JUNFENG/ Feature China/Future Publishing via Getty Images ByteDance's short-drama app, Hongguo, is riding high in China. It now trails only Douyin, WeChat, and Douyin Lite in terms of how much time Chinese users spend on it. Meanwhile, major long-form streaming platforms in the country are losing ground. Forget three-hour movies. China is getting hooked on bite-sized dramas — and ByteDance's Hongguo app is becoming one of the country's biggest platforms for streaming them. In August, ByteDance's apps accounted for 41.8% of the time users spent on China's 50 biggest mobile apps, up from 34.2% a year earlier. The figures come from Nomura's China Internet and New Media Monthly App Tracker, published October 5. Much of that growth came from its two apps: Douyin, the Chinese version of TikTok, and Hongguo, a streaming platform focused on short dramas. Hongguo ranks fourth among the country's biggest apps, behind ByteDance's Douyin and its Lite version, as well as WeChat. At the same time, China's long-form streaming services are losing ground. In August, the monthly time Chinese users spent on iQIYI, Tencent Video, and Mango TV fell by 35%, 40%, and 27%, respectively, year-on-year. Short dramas on the rise Launched in 2023, Hongguo is essentially TikTok for short dramas, operating on a free, ad-supported model. Chinese data firm QuestMobile said the platform had nearly 370 million users as of June. Hongguo is riding a broader short-drama boom in China. These shows are made for phone screens, with episodes lasting several minutes and storylines ranging from high-stakes romance and revenge to fantasy and family feuds. The format is taking off overseas, too. Tech market analysis firm Omdia expects the US, its largest market outside China, to generate roughly half of the $3 billion in international short-drama revenue forecast for this year. Omdia puts global short-drama revenue at about $11 billion in 2025 and expects it to climb to $14 billion by the end of this year. The format has also become a testing ground for AI-made video. Speaking more broadly about the industry at the DBS Asia Future Forward Conference in Singapore on Monday, TikTok CEO Shou Zi Chew said AI video tools can help brands create ads at a fraction of the usual cost, a trend he said is already playing out in China's short-drama industry. TikTok and Hongguo are both owned by ByteDance. Chew said he believed the "overwhelming majority" of short dramas now being produced use AI models, including ByteDance's Seedance. Read the original article on Business Insider

Schneider Electric SE grew sales at the fastest clip in five years and lifted its guidance for a second time this year, driven by soaring data-center demand.

JPMorgan Chase CEO Jamie Dimon sees enormous potential for AI but has warned about its cybersecurity risks. Luke Johnson/Bloomberg/Getty Images Jamie Dimon says AI is advancing so fast that even governments can't stop its global spread. The JPMorgan CEO likened AI to a tsunami, saying it could transform how future generations live and work. Dimon also warned that AI agents could expose banks and critical infrastructure to cyber risks. Artificial intelligence is advancing so rapidly that even governments would struggle to stop its spread, JPMorgan Chase CEO Jamie Dimon said. Speaking at The Economic Club of Chicago on Wednesday, Dimon compared AI to the Industrial Revolution but said it was advancing far faster than earlier technologies, with new capabilities emerging in a matter of weeks. "This is doing stuff today that no one would have imagined was possible literally five weeks ago," Dimon said. "It's more like a tsunami. It's rolling through the system, and you can't stop some of it," he added. With AI models proliferating worldwide, including open-source systems and those developed in China and other countries, governments cannot simply halt the technology's spread, Dimon said. The acceleration comes amid an unprecedented AI spending boom. Google, Amazon, Microsoft, and Meta planned to spend more than $700 billion on capital expenditures this year, much of it on AI infrastructure. Dimon, too, was optimistic about the potential payoff. He said AI could drive breakthroughs in medicine, transportation, and productivity, transforming how future generations live and work. "Thirty years from now, they'll probably be working four or three and a half days a week. They'll have an income of per person of $300,000. It'll be a great life," he said. However, Dimon also warned that AI agents could carry out cyberattacks around the clock or pose security risks when given access to bank accounts to make payments on users' behalf. "That means they are in your bank and you're assuming they're going to act properly on your behalf and they may not," Dimon said. He said businesses and governments needed to move quickly to address the cybersecurity risks posed by AI. "You can't stop it. You just have to, like, manage the hell out of it." Dimon's statement comes the same week that multiple bankers sounded warnings about rogue AI agents and their capacity to unleash chaos if allowed to proliferate unchecked. Bank of America CEO Brian Moynihan also told analysts in a Wednesday earnings call that the institution had hired 1,000 external consultants to shore up software vulnerabilities that top tier models like Anthropic's Mythos exposed. Read the original article on Business Insider

Gauges of emerging-market currencies and stocks gained on Friday as the greenback extended losses and a selloff in shares related to artificial intelligence abated in Asia.

Benchmark says the Valley’s rule against backing rivals is getting harder to keep.

Bloomberg: Taiwan plans US industrial parks costing $2B to $4B each, starting with a Texas complex costing up to $4B, to build a supply chain for Nvidia, TSMC, and Foxconn  —  Taiwan plans to raise billions of dollars to develop industrial parks in the US that would build a base for a comprehensive supply chain …

Fed Chairman Kevin Warsh described AI as potentially the most consequential change to the US and global economy in his lifetime, calling it a positive supply shock over the medium term. He spoke at an IMF event moderated by IMF Chief Kristalina Georgieva in Bangkok, Thailand. (Source: Bloomberg)

Bank of England Governor Andrew Bailey urged rigorous pre- and post-release model testing standards to safeguard public trust and financial infrastructure, while warning that markets risk a correction by overestimating AI returns and pricing every player as a winner. (Source: Bloomberg)

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Reliance Industries Ltd., led by billionaire Mukesh Ambani, pushed back against suggestions that it is trying to keep Elon Musk’s Starlink Inc. out of India, saying its own satellite venture is still awaiting regulatory clearances.