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Short, sourced news on what moves IT, AI and the markets. Every item links its sources and is published once; a development gets a follow-up, not a repeat.

The ECB holds its deposit rate at two and a half percent as energy prices keep rising

The ECB kept all three key rates unchanged on 29 October, deposit rate 2.50 percent, and flagged rising energy prices as an upside risk to inflation.

Alphabet's cloud revenue doubles but heavy spending pushes cash flow negative again

Alphabet grew third-quarter revenue 25 percent to 127.6 billion dollars and Google Cloud 103 percent, but 51 billion in capex left cash flow negative.

PHP patches two critical remote code execution flaws in all supported lines

PHP 8.5.12, 8.4.27, 8.3.36 and 8.2.35 fix two critical flaws that can allow unauthenticated remote code execution on servers that handle web requests.

Kubernetes starts a working group to define workload conformance

The new Workload Conformance Working Group will write a testable specification of how applications should behave at runtime on Kubernetes clusters.

Fed holds rates at 3.75 to 4 percent, two officials vote for another hike

The FOMC kept the federal funds target range at 3.75 to 4 percent on 28 October in a 10-2 vote; both dissenters wanted another quarter-point hike.

EU cites EN 18286 as the first harmonised standard under the AI Act

A Commission implementing decision references EN 18286:2026 on AI quality management, giving providers a first route to a presumption of conformity.