Global stock markets have tumbled after investors sold tech shares on fears that the US midterm elections would slow the development of artificial intelligence (AI). The sell-off, which started in the US and then spread to Asia and Europe, has seen trillions of dollars wiped off the stock value of major tech firms. In the US, the tech-heavy Nasdaq share index sank 5.5% on Thursday. Asian markets also saw hefty falls on Friday and European markets opened lower. Investors are worried about tougher regulation of AI, after Democrat candidates opposed the data centres needed by the technology. BBC

Elon Musk is to end production of Tesla’s Cybertruck after sales of the controversial electric pick-up proved a disappointment. The electric carmaker’s chief executive signalled last night that production of the Cybertruck will wind down in 2027, making way for the business to produce more robotaxis at its Texas Gigafactory. Posting on social media, Mr Musk said: “Tesla will be winding down production of the Cybertruck at Gigafactory Texas around the middle of next year to make room for increased Cybercab production.” Telegraph

NHS England CEO Sir Jim Mackey plans to tell Palantir to clear future claims about its benefits with his team – although he admits that could be difficult to enforce.  Speaking to the Health and Social Care Committee this week, Labour MP Ben Coleman noted that NHS England had cautioned against attributing improvements directly to the platform, but said newly appointed Palantir UK senior vice president Tom Watson “is making claims that [Palantir] is making a difference, and that it’s due to Palantir that changes are taking place.” The Register 

—the follow-up to the original —offers a tactile, automotive-inspired finish reminiscent of a luxury car’s interior. Under the hood is the Qualcomm Snapdragon 8 Elite Extreme Gen 6 chip, making the Signature 27 one of the first phones to hit the road with the -focused processor. Revving up its appeal are a massive 7,000mAh silicon-carbon battery, a 200MP periscope telephoto camera, and what Motorola claims is the brightest display in a smartphone. However, getting behind the wheel of this fancy flagship will cost you a pretty penny—160,000 pennies, to be exact.

TikTok has been charged by the European Commission with failing to protect by exposing them to a relentless stream of content that risks worsening eating disorders and anxiety in a case that strikes at its business model. Issuing a preliminary ruling on Friday, the EU regulator said TikTok’s algorithm “can be harmful” and was leading young and vulnerable users “down rabbit holes they cannot easily escape from”. The Guardian 

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