THE MOAT

The business of the world.

THE MOAT Daily with the world's top business stories. Subscribe

THE MOAT as it stood at 22 October 2026, 14:49 Brussels time · Archive · Today’s page

Barclays to Cut 5,000 Jobs in A.I.-Driven Push to Lower Costs

James Paton / The New York Times /

Also: Bloomberg Barclays to Cut 5,000 Jobs as AI Starts to Create Efficiency, The Guardian Barclays to cut 5,000 jobs as bank’s bosses hail AI productivity advances, BBC Barclays cutting 5,000 jobs as it increases reliance on AI, Financial Times Barclays to cut 5,000 jobs as bank steps up AI adoption, Euronews Barclays to cut 5,000 jobs as it turns to AI to improve efficiency · see all

In other languages: Le Figaro Avec l’adoption de l’IA, la banque britannique Barclays va supprimer environ 5000 emplois (fr), Handelsblatt Künstliche Intelligenz: Nach KI-Investitionen: Großbank Barclays streicht 5.000 Jobs (de), Dagens industri Barclays säger upp 5.000 anställda – ersätts med AI (sv), Expansión Barclays recortará 5.000 empleos por el uso de la IA y otras tecnologías (es), Neue Zürcher Zeitung MELDUNGEN WIRTSCHAFT - Just Eat stellt Geschäftsmodell um und baut Stellen ab +++ Grossbank Barclays streicht nach KI-Investitionen 5000 Stellen (de) · see all

  1. China's AI leader DeepSeek raises $15B

    Jeronimo Gonzalez / Semafor /

    Also: Bloomberg DeepSeek Raises $15 Billion in Challenge to Leading US Labs

    In other languages: Valor Econômico DeepSeek conclui captação de US$ 15 bilhões para impulsionar corrida da IA, dizem fontes (pt), Handelsblatt Künstliche Intelligenz: Deepseek sammelt wohl 15 Milliarden Dollar ein (de)

  2. Bosch to Separate Auto-Parts Unit as Chinese Rivals Gain Ground

    William Wilkes / Bloomberg /

    In other languages: Frankfurter Allgemeine Umbau wegen Autokrise: Bosch gliedert Autogeschäft aus (de), Handelsblatt Stiftungskonzern: Umbau bei Bosch: Neuer Chef gliedert den größten Konzernbereich Mobility aus (de)

  3. Google is purchasing 1 GW of distributed capacity in PJM

    Maeve Allsup / Latitude Media /

    Also: Canary Media Google plans big virtual power plant in energy-strapped PJM grid

  4. US Orders Some Diplomats Out of Saudi Arabia Amid Houthi Attacks

    Courtney McBride and Eric Martin / Bloomberg /

    In other languages: Handelsblatt +++ Iran-Krieg +++: Nach Alarm: Ölkonzern Saudi Aramco evakuiert seine Zentrale (de)

  5. Flaw in PHP computer language leads to shutdown of websites around world

    Robert Booth and Aisha Down / The Guardian /

    Also: Financial Times Websites taken offline in race to patch PHP security flaw, MercoPress Global alert over two critical PHP flaws forces government websites offline, Daily Maverick Government websites go dark after AI-discovered flaw sparks security scramble, BBC What is PHP and why did it spark a global cyber-security scramble?, Sky News Why websites across Europe went dark and what happens next?, The New York Times Global Rush to Fix PHP Security Flaw Leaves Some Websites Offline · see all

    In other languages: Handelsblatt Cybersecurity: Sicherheitslücke in Programmiersprache: 70 Prozent aller Websites betroffen (de), Jornal de Negócios Falha de cibersegurança na linguagem PHP obriga a desligar sites em todo o mundo (pt), Diario Financiero Los sitios web de todo el mundo corren para corregir una falla de seguridad en PHP (es), Rzeczpospolita Miliony stron internetowych zagrożone, rządy wyłączają serwisy. Luki pomogła wykryć AI (pl), NRC Kwetsbaarheden in PHP lijken met een update te zijn opgelost, maar tech-experts denken nieuwe risico’s te zien (nl), Expansión Qué es PHP y por qué un fallo descubierto por IA ha disparado las alarmas en Internet (es), Frankfurter Allgemeine Internetseiten offline: Was hinter den PHP-Schwachstellen steckt und was nun jeder tun muss (de) · see all

  6. Meta to Pay Historic $25 Billion in New Mexico Deception Case

    Isaiah Poritz / Bloomberg /

    Also: The Japan Times Meta ordered to pay $25 billion penalty to New Mexico in data privacy case, BBC Meta fined $25bn for 'lies' over user data privacy

    In other languages: Svenska Dagbladet Meta döms – ska betala nära 250 miljarder (sv), Handelsblatt Datenschutz: US-Richter verurteilt Facebook-Mutter Meta zu 25 Mrd Dollar Strafe (de), Frankfurter Allgemeine Datenskandal: Meta soll 25 Milliarden Dollar Strafe zahlen (de), El País Multa histórica para Meta: pagará 25.000 millones de dólares en Nuevo México por las malas prácticas de Facebook (es), Het Financieele Dagblad Meta krijgt boete van $25 mrd in New Mexico (nl), Jornal de Negócios Meta condenada a pagar multa de 25 mil milhões de dólares no Novo México (pt), Valor Econômico ‘Big tech’ de Zuckerberg é condenada a pagar US$ 25 bi (pt), Neue Zürcher Zeitung Gericht verurteilt Meta in New Mexico zu Milliardenstrafe (de), Süddeutsche Zeitung Urteil: Meta soll Milliarden wegen Cambridge Analytica zahlen (de), NRC Megaboete van 25 miljard dollar voor Meta om Cambridge Analytica-schandaal (nl), Expansión EEUU impone una multa histórica de 25.000 millones de dólares a Meta (es), Aftenposten Meta dømt til å betale bot på 25 milliarder dollar (no), The Korea Economic Daily (Hankyung) 美 경제학자 75% "연말 국채금리 5% 이상"…고금리 장기화 경고 (ko) · see all

  7. Ukraine to gain access to NATO procurement system for weapons, ammunition, Financial Times says

    Polina Moroziuk / The Kyiv Independent /

    Also: Kyiv Post NATO to Open Centralized Arms Purchases for Ukraine

  8. Ukrainian partisans claim sabotage of military communications near major Moscow data center

    Polina Moroziuk / The Kyiv Independent /

  9. Nuclear Weapons Waste Made Workers Sick. Despite a Law Meant to Help, the DOE Keeps Fighting Their Claims.

    Lizz Giordano / ProPublica /

  10. Von der Leyen’s coalition fractures over need for AI liability rules

    Pieter Haeck / POLITICO Europe /

  11. Oil prices jump to five-month high as attacks threaten global supply

    Lauren Almeida / The Guardian /

  12. Gulf attracts finance firms controlling $5.8 trillion since war

    Matthew Martin / Semafor /

  13. Saudi Arabia's Humain expands Nvidia deal with 84MW AI computing plan

    The National /

  14. Argentina’s Economic Chainsaw Massacre

    Jeremy Adelman / Project Syndicate /

  15. Almost every shallow-water coral reef on the planet faces ecosystem collapse by 2075, UN advisors say

    Graham Readfearn Environment / The Guardian /

  16. Markets are pricing in long-term AI winners. This veteran investor says history proves customers win more than innovators.

    Barbara Kollmeyer / MarketWatch /

  17. Missile War Monitor: Russian ballistic missiles kill one in Kyiv, damage ambulance station, South Bridge metro

    Ben Aris / bne IntelliNews /

  18. Iran's IRGC says it hit four ships in the Gulf as three more strike mines

    bne IntelliNews /

    Also: Al-Monitor Iran's IRGC Navy says seven vessels hit, warns US of wider response

  19. Meta plans nonvoting shares, eyeing more stock sales to fund its AI dreams

    Liz Hoffman / Semafor /

    Also: Bloomberg Meta Boosts Bet on AI With Spending Outlook, New Stock Class

    In other languages: Handelsblatt Künstliche Intelligenz: Meta investiert mindestens 135 Milliarden Dollar in KI (de), Valor Econômico Meta cria nova classe de ações sem direito a voto para financiar inteligência artificial (pt)

  20. Chevron confirms start of process to explore sale of older Gulf assets

    Newsbase analysts / bne IntelliNews /

  21. PRESS FREEDOM: Media wins as court reopens trial of Zuma-linked spy in R12m fraud case

    Lunga Simelane / Daily Maverick /

  22. Elon Musk Says SpaceX and Tesla Are Exploring a Merger

    Ryan Mac and Jack Ewing / The New York Times /

    Also: Semafor SpaceX and Tesla mega-merger under discussion, Financial Times What Elon Musk stands to gain from a Tesla-SpaceX merger, Bloomberg Tesla-SpaceX Merger Is Elon Musk’s Biggest AI Bet Yet, The Guardian Tesla and SpaceX explore merger as Elon Musk gives backing, BBC Why is Elon Musk plotting a mega-merger of SpaceX and Tesla?, France 24 Musk talks up potential merger of SpaceX and Tesla · see all

    In other languages: Cinco Días Las claves: el cerebro de SpaceX, el cuerpo de Tesla y el control de Musk (es), Valor Econômico Fusão de SpaceX e Tesla, a nova aposta de Musk (pt), Het Financieele Dagblad Elon Musk wil grootste fusie ooit met SpaceX en Tesla (nl)

  23. Data centers’ looming methane surge

    Shayle Kann / Latitude Media /

  24. SoftBank market value halves from peak as AI fears grow

    The Japan Times /

    Also: Bloomberg SoftBank Market Value Halves From Peak as AI Fears Grow

Earlier today

  1. Oil tops $110 as Houthi drone strike near Saudi Shaybah field rattles markets

    Jennifer Gnana / The National /

  2. US orders departure of diplomats from Saudi Arabia amid Houthi strikes

    Al-Monitor /

  3. Meta tops Big Tech lobbying as AI labs talk antitrust

    Ashley Gold / Semafor /

  4. French government 10-year bond yield tops 5% for first time since 2002

    Euronews /

  5. Witkoff Arrives in St. Petersburg for Putin Talks as US and Ukraine Agree on Peace Proposals

    Kyiv Post /