Technology

OnePlus Reveals OxygenOS 16 Rollout Schedule: November Launch for Latest Devices

OnePlus has officially announced the phased rollout schedule for OxygenOS 16, beginning next month with its newest smartphones and tablets. The update brings Android 16-based software with enhanced AI features and customization options to various device models through early 2026.

OxygenOS 16 Rollout Schedule Officially Announced

OnePlus has revealed its official rollout plan for OxygenOS 16, with the first wave of updates scheduled to begin in November, according to reports from the company’s software team. The new software, based on Android 16, will bring significant upgrades to the company’s device ecosystem, starting with the latest flagship models and expanding to older devices through early 2026.

InnovationTechnology

Edge Storage Unlocks Real-Time IIoT Insights, Report Finds

The Industrial Internet of Things is transforming data collection across industries, generating massive amounts of real-time operational information. According to industry analysis, flash-based storage at the edge has become crucial for processing this data where cloud connectivity is limited or non-existent.

Industrial IoT Revolution Demands Advanced Storage Solutions

The Industrial Internet of Things (IIoT) is fundamentally changing how industries collect, understand and utilize data, according to recent industry analysis. As machines and sensors become increasingly connected, they’re generating unprecedented volumes of real-time data including performance statistics, operating temperatures, environmental factors, and vibration levels.

SoftwareTelecom

Mozilla Launches Free Firefox VPN Beta in Browser Security Push

Mozilla has initiated beta testing for a free, browser-integrated VPN service within Firefox. The new feature provides IP address concealment and traffic encryption exclusively for browser activity. Currently available through random selection to users with Mozilla accounts.

Firefox VPN Enters Beta Testing Phase

Mozilla has launched experimental testing of a free, VPN service built directly into its Firefox browser, according to company announcements. The new feature, currently in limited beta availability, represents Mozilla’s latest effort to enhance user privacy within the browsing experience. Sources indicate this browser-only VPN differs significantly from the company’s existing standalone VPN product, focusing specifically on encrypting traffic that passes through Firefox rather than protecting entire devices.

EconomyFinance

UK Mortgage Defaults Drop for First Time Since 2022 as Financial Pressure Eases

UK lenders have reported the first decline in mortgage defaults since 2022, according to a Bank of England survey. The data suggests financial pressure on homeowners is easing as interest rates begin to moderate from recent highs.

Mortgage Defaults Show First Improvement in Three Years

UK mortgage loan defaults have declined for the first time in three years during the third quarter, according to a Bank of England survey that suggests financial pressure on homeowners is easing. Default rates on household secured loans reportedly dropped to minus 8.1 in the third quarter, down from 0.8 in the previous three months, according to the quarterly survey of banks and building societies.

AIStartups

Former OpenAI Researcher Leopold Aschenbrenner Launches $1.5B AI Hedge Fund After Viral Essay

A 23-year-old former OpenAI researcher has launched a hedge fund managing over $1.5 billion focused on artificial intelligence investments. Leopold Aschenbrenner’s viral essay on AI’s future has divided Silicon Valley, with supporters calling him a genius and critics dismissing him as inexperienced.

From OpenAI Exit to Billion-Dollar AI Hedge Fund

A 23-year-old former OpenAI researcher has reportedly launched a hedge fund managing more than $1.5 billion in assets, according to reports from Fortune. Leopold Aschenbrenner, who was previously fired from the artificial intelligence research company, has become what sources indicate is the latest poster child for the AI investing boom following the viral success of his 165-page monograph “Situational Awareness: The Decade Ahead.”

SemiconductorsTechnology

Samsung Invests $773 Million in ASML High NA EUV Tools to Challenge TSMC in 2nm Chip Race

Samsung Electronics is making a massive KRW1.1 trillion investment in ASML’s cutting-edge High NA EUV lithography equipment, according to industry reports. The move positions Samsung to compete aggressively with TSMC and Intel in the race toward 2nm semiconductor technology and beyond. Sources indicate this strategic investment could help Samsung close the gap in advanced chip manufacturing capabilities.

Samsung’s Major Semiconductor Equipment Investment

Samsung Electronics is reportedly pouring approximately KRW1.1 trillion (US$773 million) into next-generation chipmaking equipment in what analysts suggest is a strategic move to strengthen its position against semiconductor rivals TSMC and Intel. According to reports, the Korean tech giant plans to deploy ASML’s advanced High NA EUV lithography tools for its 2nm process and beyond, with these advanced chips potentially powering future products including Samsung’s own Exynos 2600 processor and Tesla’s next-generation artificial intelligence hardware.

EconomyMarkets

European Markets Face Negative Open Amid Volatile Trading Week

European markets are reportedly heading for a negative open on Thursday as volatility continues. According to analysis, Germany’s DAX and France’s CAC 40 are expected to open lower while investors monitor earnings and economic data.

European Markets Extend Volatile Pattern

European stocks are reportedly heading for a negative opening on Thursday as regional markets continue their choppy trading pattern this week, according to market analysis from IG. Sources indicate the U.K.’s FTSE index is expected to open 0.18% lower, while Germany’s DAX is projected to decline 0.3% and France’s CAC 40 is anticipated to drop 0.41%. Italy’s FTSE MIB is reportedly trading just below the flatline.

BusinessRetail

Galeries Lafayette Enters Indian Luxury Market Amid Growing Affluent Population

The 130-year-old Parisian luxury department store Galeries Lafayette has launched its Indian debut in Mumbai through a partnership with the Aditya Birla Group. The massive 90,000 sq ft store in Mumbai’s historic Fort neighborhood will feature over 250 luxury brands amid growing demand from India’s expanding affluent population. The opening comes as international luxury retailers increasingly target India’s rapidly growing high-end consumer market.

Historic Parisian Retailer Makes Indian Debut

The 130-year-old Paris-based luxury department store Galeries Lafayette has entered the Indian market through a partnership with the Aditya Birla Group, according to reports. The iconic retailer has partnered with the retail arm of the Indian conglomerate for its operations in what analysts suggest represents a significant vote of confidence in India’s growing luxury market.