latest news in companies

Security Flaws in Companion Robots Expose Millions of Private Conversations

Security Flaws in Companion Robots Expose Millions of Private Conversations

Shenzhen, Monday, 19 October 2026.
Energize Lab exposed 68,000 companion robots to remote control, leaking 13 million private chats and over 31,000 children’s profiles due to unencrypted servers and administrative security failures.

Daily Weight Loss Pill Moves Closer to European Approval

Daily Weight Loss Pill Moves Closer to European Approval

Amsterdam, Monday, 19 October 2026.
European regulators recommended Eli Lilly’s daily pill Foundayo for weight management and diabetes. Unlike competitors, patients can take this flexible oral treatment anytime without food or water restrictions.

SoftBank Explores $18 Billion Deal for Largest US Security Firm

SoftBank Explores $18 Billion Deal for Largest US Security Firm

Tokyo, Monday, 19 October 2026.
SoftBank is in talks to acquire Allied Universal for $18 billion, aiming to deploy autonomous AI security robots across a physical workforce of 770,000 guards.

GS Securities Launches Artificial Intelligence Tools to Guide Retail Investors

GS Securities Launches Artificial Intelligence Tools to Guide Retail Investors

London, Monday, 19 October 2026.
GS Securities partnered with Acuity Trading on October 19, 2026, to provide retail investors with real-time, AI-generated trade signals and plain-language market explanations.

Restaurant Chain Il Fornaio Agrees to Pay Millions Over Workplace Abuse Claims

Restaurant Chain Il Fornaio Agrees to Pay Millions Over Workplace Abuse Claims

San Francisco, Monday, 19 October 2026.
Il Fornaio will pay $3 million after an investigation revealed widespread workplace harassment affecting over 100 women, triggering court-mandated human resources reforms across all locations.

Electric Commercial Trucks Double as Power Grid Backups in Oregon

Electric Commercial Trucks Double as Power Grid Backups in Oregon

Portland, Sunday, 18 October 2026.
Portland General Electric is utilizing heavy-duty electric vehicles as mobile energy storage, dispatching power back into the grid during peak demand to strengthen grid reliability and offset fleet emissions.

Saudi Aramco Shares Rise as Strong Earnings Fuel Investor Confidence

Saudi Aramco Shares Rise as Strong Earnings Fuel Investor Confidence

Riyadh, Sunday, 18 October 2026.
Saudi Aramco stock gained over 8% year-to-date in October 2026, backed by robust financial estimates, a projected 452 billion net income, and an attractive 5.33% dividend yield.

Chinese Tech Firm Launches In-House AI Search Engine at Fraction of Western Competitor Costs

Chinese Tech Firm Launches In-House AI Search Engine at Fraction of Western Competitor Costs

Hangzhou, Sunday, 18 October 2026.
DeepSeek has introduced its upgraded AI model and proprietary web search API at $0.75 per 1,000 calls—undercutting rivals like OpenAI and Claude by over 90%.

Artificial Intelligence Solves 25-Year Encryption Mystery Involving National Security Agency

Artificial Intelligence Solves 25-Year Encryption Mystery Involving National Security Agency

San Francisco, Sunday, 18 October 2026.
Anthropic’s artificial intelligence model, Claude, has resolved a quarter-century-old cryptographic mystery in under 30 minutes. Researchers revealed that mysterious security numbers supplied by the National Security Agency in the late 1990s were generated using a basic computer clock program rather than a hidden backdoor. For decades, cryptographers harbored suspicions that these unexplained foundational numbers contained deliberate security weaknesses designed for government surveillance. The AI’s rapid analysis traced the exact system timestamps from 1997 and 1998 used to create the values, effectively ruling out intentional vulnerabilities and offering key reassurance for global digital security standards.

Why One Tech Giant Is Paying Suppliers for Failed Research

Why One Tech Giant Is Paying Suppliers for Failed Research

Icheon, Sunday, 18 October 2026.
To strengthen its supply chain, South Korean memory chipmaker SK Hynix will fund up to 50 percent of suppliers’ initial research costs, even if projects ultimately fail to deliver.