The privacy-focused startup AI, known as Ollie, has announced that it will officially shut down on November 6th. The co-founder of the company and also a key contributor to CEO Bill Lennon stated that the team has done its best, but it has become difficult to continue operations amidst increasing competition and rising financing pressures; customers will receive instructions on how to export their data and get refunds.

After about a month of Beta testing, Apple officially launched Android 7.0 Apple Music, which features a liquid glass design, brand-new icons, and a visual update to the brand identity. The new version also redefines interface elements such as the bottom navigation bar, mini-player, top bar, artist pages, and settings pages.

After the close of U.S. stocks on the early morning of October 31st, Beijing time, Apple's market value reached $5.03 trillion, once again surpassing NVIDIA's $4.93 trillion to reclaim its position as the world's most valuable listed company. On that day, Apple's closing stock price fell by 1.2%, while NVIDIA's fell by 4.2%. Although Apple also experienced a decline, its percentage decrease was smaller, which led to a reversal in their market value rankings. This marks Apple's first time at the top again since briefly overtaking NVIDIA at the end of July this year.

Tech stocks tumbled for a second consecutive day on Friday, with concerns over AI spending and weak core businesses of large tech companies putting pressure on the market. The Nasdaq 100 index fell 3.5%, with individual stocks such as Intel, AMD, NVIDIA, and Amazon also declining. The S&P 500 index, the Dow Jones Industrial Average, and the Nasdaq index also closed lower.

Intel's stock price plummeted by about 28% on Friday due to its fourth-quarter outlook falling short of expectations, resulting in a $12 billion reduction in the value of shares held by the U.S. government. The company warned that revenue, gross margin, and cash flow prospects are under pressure, but data center business revenue increased by 78% year-on-year.