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.

Tether indicates that the operating profit for the third quarter was $1.5 billion, and as of the end of September, its excess reserves increased to $7.95 billion, nearly doubling from $4.1 billion at the end of June. The company stated that its assets amounted to $191.5 billion and liabilities to $183.5 billion, of which it directly and indirectly held $132.4 billion in U.S. Treasury bills; during the same period, the valuation of its Bitcoin reserves was $8.37 billion, higher than the approximately $5.8 billion at the end of June.

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.