global edition · 2026-11-01
All BriefingsTech & Finance Daily Briefing — November 01, 2026
8 evidence-backed technology and finance stories shaping the day.
Story at a glance
Binance covers 90% of $6.3bn hack losses as North Korea suspected
What happened
Binance has covered 90% of losses stemming from a $6.3bn hack, according to BBC reporting. Coverage in the same window framed the incident around the scale of the stolen bitcoin, which CoinDesk reported exceeds Tesla's holdings and is more than twice El Salvador's reserve, and around suspected North Korean hackers identified as prime suspects.
Inspect 3 cited reports
Why North Korea's 'elite' hackers are the prime suspect in major Binance hack - BBC
Original excerpt
<ol><li><a href="https://news.google.com/rss/articles/CBMiW0FVX3lxTE9QRnRScmRRaTN0MWFnWHppc2FzSVA4YW1Fc3g0SGp3NDhJdUpBVUg1WnlaWGo4MWVVNWtHc1pyZGYxSmhBQVo3aEVaQUVsQThtazJGLWhoT1QtZkE?oc=5" target="_blank">Why North Korea's 'elite' hackers are the prime suspect in major Binance hack</a> <font color="#6f6f6f">BBC</font></li><li><a href="https://news.google.com/rss/articles/CBMihAFBVV95cUxQaUdha2F4dWZBR01BaWxoM2hndE44blJtcjdreUJsVlczMnlnSWVlbmRyay1RWVJsZFVzLXlOdldmZko2OW1MTmRsaWtMZEIxOEsz
Open original reportBTC news: Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve - CoinDesk
Original excerpt
<ol><li><a href="https://news.google.com/rss/articles/CBMizgFBVV95cUxOSXpTTENaaWs4VGtuVWdtbUxHWWlWdEQ2LXkwZ0R6c2hmRE5UYUVSX0RCXzhtUklINlpJMWdBd0hzX05XRk1MQ01fQ3BZejkwVW84LWxDUnFzUTZUWWRUbmcxQ0c0Z1ZwNXFLWTJENE5ycVlsRjhMdXhzd1hDdUg4QWhjbUdzU1U5M1ZQdWItRWRMZlNuNEF1NWdwS3dxS21CQUhBaFdESUZqYUk2bzI3T21OY2JDdVBSb3pXdUlMX3JLbU53T2xpd213WEwyUQ?oc=5" target="_blank">BTC news: Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve</a> <font color="#6f6f6f">Coin
Open original reportCrypto firm Binance covers 90% of losses after $6.3bn hack
Original excerpt
publication date:2026-10-31 16:32:08   By Imogen James **Binance, the world's largest cryptocur
Open original report
Why it matters · interpretation
The 90% loss-coverage figure sets how much of the $6.3bn incident falls on Binance's own balance sheet rather than on users, a distinction that determines the immediate customer impact of the breach. The comparison of the stolen bitcoin to Tesla's holdings and El Salvador's reserve, alongside the attribution focus on North Korean hackers, places the loss at a scale that makes recovery and reimbursement the central questions rather than the theft itself.
Inspect 3 cited reports
Why North Korea's 'elite' hackers are the prime suspect in major Binance hack - BBC
Original excerpt
<ol><li><a href="https://news.google.com/rss/articles/CBMiW0FVX3lxTE9QRnRScmRRaTN0MWFnWHppc2FzSVA4YW1Fc3g0SGp3NDhJdUpBVUg1WnlaWGo4MWVVNWtHc1pyZGYxSmhBQVo3aEVaQUVsQThtazJGLWhoT1QtZkE?oc=5" target="_blank">Why North Korea's 'elite' hackers are the prime suspect in major Binance hack</a> <font color="#6f6f6f">BBC</font></li><li><a href="https://news.google.com/rss/articles/CBMihAFBVV95cUxQaUdha2F4dWZBR01BaWxoM2hndE44blJtcjdreUJsVlczMnlnSWVlbmRyay1RWVJsZFVzLXlOdldmZko2OW1MTmRsaWtMZEIxOEsz
Open original reportBTC news: Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve - CoinDesk
Original excerpt
<ol><li><a href="https://news.google.com/rss/articles/CBMizgFBVV95cUxOSXpTTENaaWs4VGtuVWdtbUxHWWlWdEQ2LXkwZ0R6c2hmRE5UYUVSX0RCXzhtUklINlpJMWdBd0hzX05XRk1MQ01fQ3BZejkwVW84LWxDUnFzUTZUWWRUbmcxQ0c0Z1ZwNXFLWTJENE5ycVlsRjhMdXhzd1hDdUg4QWhjbUdzU1U5M1ZQdWItRWRMZlNuNEF1NWdwS3dxS21CQUhBaFdESUZqYUk2bzI3T21OY2JDdVBSb3pXdUlMX3JLbU53T2xpd213WEwyUQ?oc=5" target="_blank">BTC news: Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve</a> <font color="#6f6f6f">Coin
Open original reportCrypto firm Binance covers 90% of losses after $6.3bn hack
Original excerpt
publication date:2026-10-31 16:32:08   By Imogen James **Binance, the world's largest cryptocur
Open original report
Story at a glance
OpenAI cuts funding target by $10 billion to $20 billion at $1.25 trillion valuation
What happened
OpenAI cut the target size of its latest funding round by $10 billion, now seeking roughly $20 billion at a $1.25 trillion valuation, down from a previously reported $30 billion at $1.4 trillion, according to Financial Times and Bloomberg reports. One account put the round's reduction at about 33% in dollar terms against an approximately 11% cut in the valuation target, and said the first close is expected to come in below $20 billion because some investors lowered their commitments after pushing back on price in late October. WSJ reported the company raised less than half of its $30 billion target.
Inspect 7 cited reports
OpenAI Funding Target Cut by $10 Billion as AI Slumps, Report Says - Bloomberg.com
Original excerpt
<ol><li><a href="https://news.google.com/rss/articles/CBMiswFBVV95cUxNamxPa09kV2VNeERWR3RpM2NoN1k0STRYb0pyWW5xbWxXdmJ3Qkp1VVdMU1BkcW00bE81LXZkQ1ZGd0RGWlQtMnNvYzA4NnlaRmxNZG9GNVN5UWxmTnlLb3RNajlIdTEzNUFGVUQxcFN1Tm1Pd0F0ME1JZ1kyQWRfZkFTWEd6YlJ0ZW4wekJiZ1pZbXBvLTRxRWwxanQtM25GR1U1a1EyNXFPVUp1cXZNTVpaOA?oc=5" target="_blank">OpenAI Funding Target Cut by $10 Billion as AI Slumps, Report Says</a> <font color="#6f6f6f">Bloomberg.com</font></li><li><a href="https://news.google.com/rss/article
Open original report【OpenAI融资目标骤降100亿美元,估值同步下调至1.25万亿美元】10月31日讯,据英国金融时报报道,OpenAI将最新一轮融资目标规模下调100亿美元,目前正加紧敲定这笔交易。此前,公开市场AI概念股遭遇抛售,加之最大竞争对手Anthropic即将上市,令这轮融资蒙上阴影。ChatGPT开发商OpenAI上个月原计划以1.4万亿美元估值融资300亿美元,并将这笔交易宣传为投资者在OpenAI明年IPO前,最后一次入股的机会。OpenAI当时以7月以来营收快速增长为由,为估值较此前的8520亿美元接
Original excerpt
【OpenAI融资目标骤降100亿美元,估值同步下调至1.25万亿美元】10月31日讯,据英国金融时报报道,OpenAI将最新一轮融资目标规模下调100亿美元,目前正加紧敲定这笔交易。此前,公开市场AI概念股遭遇抛售,加之最大竞争对手Anthropic即将上市,令这轮融资蒙上阴影。ChatGPT开发商OpenAI上个月原计划以1.4万亿美元估值融资300亿美元,并将这笔交易宣传为投资者在OpenAI明年IPO前,最后一次入股的机会。OpenAI当时以7月以来营收快速增长为由,为估值较此前的8520亿美元接近翻倍提供依据。但随着科技股遭遇猛烈抛售,市场对AI支出规模及增长速度的担忧日益加剧,OpenAI也开始下调融资预期。多位知情人士透露,OpenAI目前寻求以1.25万亿美元估值融资约200亿美元。OpenAI设定的投资者认购截止日期为上周五。知情人士称,预计首轮交割(first close)的融资额将低于200亿美元,因为部分投资者已下调认购额度。
Open original reportOpenAI将最新一轮融资目标砍掉100亿美元,现在寻求按1.25万亿美元估值融资大约200亿美元。(英国金融时报)
Original excerpt
OpenAI将最新一轮融资目标砍掉100亿美元,现在寻求按1.25万亿美元估值融资大约200亿美元。(英国金融时报)
Open original reportOpenAI Raises Less Than Half of $30 Billion Target in Latest Round - WSJ
Original excerpt
<ol><li><a href="https://news.google.com/rss/articles/CBMipAFBVV95cUxQTW9TMmVsZkc2b05TYkloVW41X050RjdtZ1F5U01TRnJOSEthYTJpcDdPWVhJb0FvRGEteHgtbVhSS0lOVEZ3T2N5MTNpSUNWNXpETThZR0RvcFQwY2Q5R3ctRUFvM1ZtdFdMaXhGSnpPM2FiLUhORXNrem84cUpfVGpuQ0VmaGNsZUlxUVQ0dk4zQUE2cWFzUk8yM1R3cjc3dEczVw?oc=5" target="_blank">OpenAI Raises Less Than Half of $30 Billion Target in Latest Round</a> <font color="#6f6f6f">WSJ</font></li><li><a href="https://news.google.com/rss/articles/CBMihAFBVV95cUxNaUV4SzVmMzFL
Open original reportOpenAI senkt Finanzierungsziel um zehn Milliarden Dollar
Original excerpt
publication date:2026-10-31 02:13:22   OpenAI’s latest funding round isn’t quite living up to expectations, according to multiple news reports. OpenAI was previously reported to be [raising $30 billion at a $1.4 trillion valuation](https://techcrunch.com/2026/09/29/openai-reportedly-in-talks-to-raise-30b-round-at-1-4t-valuation/), and then [at a $1
Open original reportBloomberg: OpenAI’s round has shrunk from $30B to about $20B, a 33% cut in size, while its valuation target fell only about 11%, from $1.4T to $1.25T. Investors pushed back on price first in late October
Original excerpt
Bloomberg: OpenAI’s round has shrunk from $30B to about $20B, a 33% cut in size, while its valuation target fell only about 11%, from $1.4T to $1.25T. Investors pushed back on price first in late October and then cut the dollars they were willing to commit, according to the Financial Times. Even at $1.25T before new money, OpenAI would be valued about 47% above the $852B mark set in March, when it raised $122B. The pullback coincided with a 3.5% fall in the Nasdaq 100, tying OpenAI’s private
Open original report
Why it matters · interpretation
The asymmetry between the two cuts is the signal: the dollar target fell far more sharply than the valuation, indicating investors negotiated on price before reducing the amounts they were willing to commit rather than rejecting the valuation outright. The pullback is reported against a backdrop of a selloff in listed AI stocks and concern about the scale and pace of AI spending, and it coincided with a 3.5% decline in the Nasdaq 100. Even at the reduced $1.25 trillion pre-money figure, the valuation would sit about 47% above the $852 billion mark set in March, so the round still prices substantial growth while showing that demand at the earlier terms did not hold.
Inspect 3 cited reports
【OpenAI融资目标骤降100亿美元,估值同步下调至1.25万亿美元】10月31日讯,据英国金融时报报道,OpenAI将最新一轮融资目标规模下调100亿美元,目前正加紧敲定这笔交易。此前,公开市场AI概念股遭遇抛售,加之最大竞争对手Anthropic即将上市,令这轮融资蒙上阴影。ChatGPT开发商OpenAI上个月原计划以1.4万亿美元估值融资300亿美元,并将这笔交易宣传为投资者在OpenAI明年IPO前,最后一次入股的机会。OpenAI当时以7月以来营收快速增长为由,为估值较此前的8520亿美元接
Original excerpt
【OpenAI融资目标骤降100亿美元,估值同步下调至1.25万亿美元】10月31日讯,据英国金融时报报道,OpenAI将最新一轮融资目标规模下调100亿美元,目前正加紧敲定这笔交易。此前,公开市场AI概念股遭遇抛售,加之最大竞争对手Anthropic即将上市,令这轮融资蒙上阴影。ChatGPT开发商OpenAI上个月原计划以1.4万亿美元估值融资300亿美元,并将这笔交易宣传为投资者在OpenAI明年IPO前,最后一次入股的机会。OpenAI当时以7月以来营收快速增长为由,为估值较此前的8520亿美元接近翻倍提供依据。但随着科技股遭遇猛烈抛售,市场对AI支出规模及增长速度的担忧日益加剧,OpenAI也开始下调融资预期。多位知情人士透露,OpenAI目前寻求以1.25万亿美元估值融资约200亿美元。OpenAI设定的投资者认购截止日期为上周五。知情人士称,预计首轮交割(first close)的融资额将低于200亿美元,因为部分投资者已下调认购额度。
Open original reportOpenAI Raises Less Than Half of $30 Billion Target in Latest Round - WSJ
Original excerpt
<ol><li><a href="https://news.google.com/rss/articles/CBMipAFBVV95cUxQTW9TMmVsZkc2b05TYkloVW41X050RjdtZ1F5U01TRnJOSEthYTJpcDdPWVhJb0FvRGEteHgtbVhSS0lOVEZ3T2N5MTNpSUNWNXpETThZR0RvcFQwY2Q5R3ctRUFvM1ZtdFdMaXhGSnpPM2FiLUhORXNrem84cUpfVGpuQ0VmaGNsZUlxUVQ0dk4zQUE2cWFzUk8yM1R3cjc3dEczVw?oc=5" target="_blank">OpenAI Raises Less Than Half of $30 Billion Target in Latest Round</a> <font color="#6f6f6f">WSJ</font></li><li><a href="https://news.google.com/rss/articles/CBMihAFBVV95cUxNaUV4SzVmMzFL
Open original reportBloomberg: OpenAI’s round has shrunk from $30B to about $20B, a 33% cut in size, while its valuation target fell only about 11%, from $1.4T to $1.25T. Investors pushed back on price first in late October
Original excerpt
Bloomberg: OpenAI’s round has shrunk from $30B to about $20B, a 33% cut in size, while its valuation target fell only about 11%, from $1.4T to $1.25T. Investors pushed back on price first in late October and then cut the dollars they were willing to commit, according to the Financial Times. Even at $1.25T before new money, OpenAI would be valued about 47% above the $852B mark set in March, when it raised $122B. The pullback coincided with a 3.5% fall in the Nasdaq 100, tying OpenAI’s private
Open original report
Story at a glance
Nasdaq drops 2.86% as Intel plunges 28.6% on AI spending fears
What happened
U.S. equities suffered a sharp selloff tied to eroding confidence in artificial intelligence, with roughly $2 trillion in market value erased and the decline described as the market's biggest loss since June. Tech earnings released during the period intensified the AI-related selling rather than stabilizing sentiment.
Inspect 3 cited reports
$2 Trillion Wiped Out: Why the U.S. Stock Market Crashed - Yahoo Finance
Original excerpt
publication date:2026-10-31 16:03:55  # $2 Trillion Wiped Out: Why the U.S. Stock Market Crashed  # $2 Trillion Wiped Out: Why the U.S. Stock Market Crashed  faces a bleak internet without Google traffic - Yahoo Finance
Original excerpt
publication date:2026-10-31 10:00:00  # Reddit (and everyone else) faces a bleak internet without Google traffic [Hamza Shaban](https://finance.yahoo.com/a
Open original reportReddit is getting ready to make you log in just to read a thread, and it's because Google's AI keeps answering your questions with Reddit's posts so you never click over. Google just reported its fastest
Original excerpt
Reddit is getting ready to make you log in just to read a thread, and it's because Google's AI keeps answering your questions with Reddit's posts so you never click over. Google just reported its fastest search growth in five years. The very next day, Reddit told investors its Google traffic fell enough that it's going to start testing a version of the site you can't read without an account. For about 25 years the internet ran on a deal nobody ever wrote down. You let Google read your site for
Open original report
Story at a glance
Exxon and Chevron Post Blowout Q3 Profits as War-Driven Refining Margins Surge
What happened
New reporting on October 31 examined how much Big Oil's refining earnings have surged since President Trump publicly called out the companies' profits, alongside coverage that oil company earnings had again risen sharply.
Inspect 2 cited reports
Trump called out Big Oil profits. Here’s how much their refining earnings have surged since - CNBC
Original excerpt
<ol><li><a href="https://news.google.com/rss/articles/CBMidkFVX3lxTE1OUC1PMmdWalJDS0UtUEsyN0p6a0RTMURBRDEzdlNNMDFOeDNPRTlQbGl5b2FHMFlXWkJJaFFZZUhFYUdYSzVPakQyR1ZDemxFX2Y1QnFGTTJUREcyNGJ2ZFZteXB1LVk0YmRuajBoWkFCMDV3U2fSAXtBVV95cUxPeExBWDlUMDIxT1FHY1YzV3lDb3BVMTJUVFNQRVg4WEdaOHVNMFRUaDFkRExuTkVhd3F2ZHltYzU3Y2lyb1Z0MUJyZy1Xc2Z6dzhYZXpYZmY5eFl0b2VfSmlLbi1qY0FlNnVPYkppdG9wUWZnQWtjTk5IQ2s?oc=5" target="_blank">Trump called out Big Oil profits. Here’s how much their refining earnings have surged since<
Open original reportOil company earnings skyrocket — again - NPR
Original excerpt
<ol><li><a href="https://news.google.com/rss/articles/CBMikAFBVV95cUxPMlFhc1hubko5aGY3RGJEN1Z4QnFMell4RUdDOENlak9tUnJYQ1BxSXVURjhHQWdyNi1lMGpjRUtwek9IbkVMTEcxb2lFUlNTeVpTOWl2WlVReVQ4R3pBRUZ1R2RqbFhUdy1EQzJMTHduOUl6MGx1bTJGRmZGYUtidnczV1lyS3hRNGx5MlRpSW4?oc=5" target="_blank">Oil company earnings skyrocket — again</a> <font color="#6f6f6f">NPR</font></li><li><a href="https://news.google.com/rss/articles/CBMidkFVX3lxTE1OUC1PMmdWalJDS0UtUEsyN0p6a0RTMURBRDEzdlNNMDFOeDNPRTlQbGl5b2FHMFlXWkJ
Open original report
Why it matters · interpretation
The coverage ties the industry's earnings gains specifically to refining operations and frames them against political pressure from the president, making refining margins the focal point of the profit debate rather than upstream production.
Inspect 2 cited reports
Trump called out Big Oil profits. Here’s how much their refining earnings have surged since - CNBC
Original excerpt
<ol><li><a href="https://news.google.com/rss/articles/CBMidkFVX3lxTE1OUC1PMmdWalJDS0UtUEsyN0p6a0RTMURBRDEzdlNNMDFOeDNPRTlQbGl5b2FHMFlXWkJJaFFZZUhFYUdYSzVPakQyR1ZDemxFX2Y1QnFGTTJUREcyNGJ2ZFZteXB1LVk0YmRuajBoWkFCMDV3U2fSAXtBVV95cUxPeExBWDlUMDIxT1FHY1YzV3lDb3BVMTJUVFNQRVg4WEdaOHVNMFRUaDFkRExuTkVhd3F2ZHltYzU3Y2lyb1Z0MUJyZy1Xc2Z6dzhYZXpYZmY5eFl0b2VfSmlLbi1qY0FlNnVPYkppdG9wUWZnQWtjTk5IQ2s?oc=5" target="_blank">Trump called out Big Oil profits. Here’s how much their refining earnings have surged since<
Open original reportOil company earnings skyrocket — again - NPR
Original excerpt
<ol><li><a href="https://news.google.com/rss/articles/CBMikAFBVV95cUxPMlFhc1hubko5aGY3RGJEN1Z4QnFMell4RUdDOENlak9tUnJYQ1BxSXVURjhHQWdyNi1lMGpjRUtwek9IbkVMTEcxb2lFUlNTeVpTOWl2WlVReVQ4R3pBRUZ1R2RqbFhUdy1EQzJMTHduOUl6MGx1bTJGRmZGYUtidnczV1lyS3hRNGx5MlRpSW4?oc=5" target="_blank">Oil company earnings skyrocket — again</a> <font color="#6f6f6f">NPR</font></li><li><a href="https://news.google.com/rss/articles/CBMidkFVX3lxTE1OUC1PMmdWalJDS0UtUEsyN0p6a0RTMURBRDEzdlNNMDFOeDNPRTlQbGl5b2FHMFlXWkJ
Open original report
Story at a glance
Intel Shares Plunge Nearly 29% After Weak Q4 Guidance, Worst Day Since 1974
What happened
Intel shares fell sharply on Friday, with the stock down 28.58% in the cited move, according to a Motley Fool report published on Yahoo Finance.
Inspect 1 cited report
Why Intel Stock Crashed on Friday - Yahoo Finance
Original excerpt
publication date:2026-10-31 02:41:46  # Why Intel Stock Crashed on Friday Joe Tenebruso, The Motley Fool Fri, October 30, 2026 at 7:41 PM PDT 3 min read - INTC-28.58% - NVDA-4.22% Shares of**Intel**(NASD
Open original report
Why it matters · interpretation
The size of the single-session decline places Intel among the session's major movers, and the same report notes Nvidia fell 4.22%, indicating the drop was not simply a broad semiconductor selloff of equal magnitude across peers.
Inspect 1 cited report
Why Intel Stock Crashed on Friday - Yahoo Finance
Original excerpt
publication date:2026-10-31 02:41:46  # Why Intel Stock Crashed on Friday Joe Tenebruso, The Motley Fool Fri, October 30, 2026 at 7:41 PM PDT 3 min read - INTC-28.58% - NVDA-4.22% Shares of**Intel**(NASD
Open original report
Story at a glance
Nvidia in talks to guarantee billions in debt for Nscale's Anthropic data center
What happened
Nvidia is in talks to guarantee billions of dollars in debt financing for AI cloud provider Nscale's planned Anthropic data center in West Virginia, according to a report by The Information.
Inspect 1 cited report
Nvidia weighs playing the cosigner for Nscale’s AI data center in West Virginia
Original excerpt
publication date:2026-10-31 01:20:13  Nvidia is in talks to guarantee billions in debt financing for AI cloud provider Nscale’s planned Anthropic data center in West Virginia, The Information [reported Thursday](https://www.theinformation.com/articles/nvidia-talks-provide-billions-credit-support-cloud-provide
Open original report
Why it matters · interpretation
A debt guarantee from Nvidia would shift part of the financing risk for the West Virginia buildout onto the chip supplier, tying its balance sheet to a customer's data center project rather than only to hardware sales.
Inspect 1 cited report
Nvidia weighs playing the cosigner for Nscale’s AI data center in West Virginia
Original excerpt
publication date:2026-10-31 01:20:13  Nvidia is in talks to guarantee billions in debt financing for AI cloud provider Nscale’s planned Anthropic data center in West Virginia, The Information [reported Thursday](https://www.theinformation.com/articles/nvidia-talks-provide-billions-credit-support-cloud-provide
Open original report
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