Iran Declares Hormuz Blockade Bangladesh Measles Kills 1,140

Nvidia CEO Jensen Huang confirmed that US export restrictions drove the company's China AI chip market share from 95% to zero. He maintained optimism about AI creating new jobs.

Microsoft CEO Satya Nadella said AI that does not benefit humanity is not worth pursuing and called for careful safety testing. He warned that AI technology is advancing ahead of its real-world impact.

US stocks recorded weekly gains as US-Iran tensions eased, pushing major indices higher. Major bank earnings and inflation data are due for release this week.

JPMorgan, Wells Fargo, and other major banks begin reporting Q4 earnings this week. The US Labor Department's September Consumer Price Index (CPI) is also due for release.

The three major US indices closed mixed on October 9. US stock markets will be closed on October 12 for the Columbus Day federal holiday.

Bitcoin surpassed the $116,000 level on October 11, continuing its upward momentum. Major altcoins including Ethereum also rose alongside it.

International gold prices broke above $4,700 per ounce for the first time since May, setting a new all-time high. Safe-haven demand persisted amid dollar weakness and Middle East instability.

Netflix reportedly plans to lay off around 850 employees, about 5% of its workforce, ahead of its Q3 earnings release. It would be the company's largest round of layoffs since 2022.

Evernorth Holdings, backed by Ripple, officially listed on Nasdaq under the ticker XRPN on October 12. The company holds approximately 473 million XRP and went public through a SPAC merger.

The US strongly objected to Ukraine's drone strikes on major Russian oil refineries, warning of possible suspension of military assistance. Washington said the strikes escalated US-Russia tensions.

India's Ministry of External Affairs strongly condemned two ship attacks near the Strait of Hormuz and called for immediate de-escalation. Eleven Indian crew members were aboard the Panama-flagged tanker that was struck.

The Polish government convened an emergency security meeting on October 11 after credible threats targeting the prime minister and defense minister were identified. Authorities are investigating the source of the threats and sharing intelligence with allied nations.

Russian forces attacked Donetsk and Kherson with drones and artillery fire, killing 6 civilians and wounding 27. Ukrainian authorities condemned the strikes on civilian areas.

Israeli Prime Minister Netanyahu convened a second security cabinet meeting to assess the possibility of renewed hostilities with Iran. On the third anniversary of the October 7 attacks, Israel is monitoring Iranian re-provocation threats and reviewing its response options.

Yemen's Houthi rebels struck a Saudi tanker with a missile, killing one American crew member. Iran's Revolutionary Guard Corps then declared a full blockade of the Strait of Hormuz.

The 2026 Nobel Prize in Physics was awarded for detecting high-energy cosmic neutrinos using the IceCube Observatory buried 2.7 km beneath Antarctic ice. NASA featured it as the Astronomy Picture of the Day on October 11.

From October 9 to 16, Mars is passing through the Beehive Cluster (M44), a group of about 400 stars. On October 11, the planet crosses the cluster's core and is visible to the naked eye and with binoculars.

An M-class solar flare erupted from an unexpected active region on the Sun's surface. EarthSky reported the region will soon rotate out of view, and a geomagnetic disturbance warning was issued.

In Year 2 of President Lee Jae-myung's administration, parliamentary auditors are clashing with the opposition over cabinet appointments, prosecution reform, and security issues. The People Power Party mounted an intense offensive against the government's policy direction.

With about a month remaining before the US November midterm elections, the atmosphere of Democrats potentially retaking both chambers is spreading while anxiety within the Republican Party is growing.

A fine of 5 million won was finalized against an elementary school teacher who repeatedly told a student they were academically poor. The court ruled this constituted emotional abuse under the Child Welfare Act.

Courts have repeatedly overturned Korea Fair Trade Commission fines in 2026, resulting in refunds of over 23 billion won. Criticism is growing that overzealous penalties are being repaid with taxpayer money.

A Yale Climate Connections analysis found that rising sea-surface temperatures increased both the intensity and rainfall of Hurricane Isaias.

The remnants of Tropical Storm Rachel hit the US Southwest, prompting flood warnings across Nevada including Las Vegas. Meteorologists said up to 1 inch (2.5 cm) of rainfall was expected.

EU environment ministers formally launched reform of the ETS2 carbon trading scheme — covering buildings and transport, set to take effect in 2027 — at their October 12 meeting. A COP31 negotiating mandate was also adopted.

Cumulative deaths from Bangladesh's measles outbreak have exceeded 1,140. WHO and UNICEF mounted an emergency response while a nationwide vaccination campaign has been intensified.

The meningitis cluster in Kent, UK reached 34 confirmed cases. After more than 8,000 preventive vaccines were administered, the rate of new cases showed its first signs of decline.

IVE, ILLIT, and RIIZE have fully entered the October K-pop comeback competition. Each group is mobilizing their fanbases and competing in album sales, intensifying the battle for dominance in the fall K-pop season.

Medical drama Doctor X, thriller 100 Days of Deception, and healing romance Merry Berry Love began airing in the first week of October. Multiple dramas across different genres are airing simultaneously.

The Cleveland Guardians defeated the Chicago White Sox in ALDS Game 5 thanks to a go-ahead home run by José Ramírez, clinching their American League Championship Series berth.

The 2026 MLB National League Championship Series (NLCS) opened Game 1 on October 11, with the LA Dodgers facing the Milwaukee Brewers.

The FBI arrested and charged Cypfer founder Dubrovsky, who allegedly posed as a ransomware negotiation expert while exploiting victims. A case involving a separate cyber extortion expert charged with the same offense also emerged.

Data breaches from September through early October exposed approximately 320 million people's personal information worldwide. Cyberattacks were concentrated across multiple countries.

Security firm Fortra discovered and released emergency patches for multiple critical vulnerabilities in its BoKS server access management solution. The flaws could be exploited for authentication bypass and privilege escalation.

Crunchbase's weekly roundup showed AI startups claimed most of the largest funding rounds. Cybersecurity firm Instinct and a real estate platform were also included, continuing the trend of VC capital concentrating in AI infrastructure and applications.

According to Crunchbase, Q3 2026 set an all-time high for funding rounds of $1 billion or more. Mega-deals concentrated in AI infrastructure, energy, and biotech amid the AI acceleration wave.

A regulatory obstacle that had blocked commercialization of autonomous trucking made progress toward removal. TechCrunch Mobility reported on the development on October 11.

With Trump expressing displeasure at Iran's Hormuz proposal, WTI crude surpassed $100 per barrel. The UAE announced its withdrawal from OPEC.

President Trump said he would not attack Iran before the November midterm elections. Despite this, volatility in international crude oil prices persists due to Hormuz Strait tensions and uncertainty over Iranian oil supply.

WTI crude prices have not fallen despite an increase in Iranian oil supply. Analysts said Middle East geopolitical tensions are acting as a price floor.

Meta banned advertising from ByteDance's TikTok on Facebook and Instagram in the US and Japan. Industry observers interpreted the move as an effort to curb TikTok's user base expansion and protect Meta's advertising revenue.

Major social media platforms continue to tighten their content moderation policies. A weekly report analyzing free-speech concerns and content regulation trends across platforms was published.