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Sources: a16z is aiming to raise $6B for its growth fund, $3B for AI deals, and $1B for American Dynamism; the $10B total would be its largest fundraise to date (Financial Times)

Sources: Polymarket is in early talks with investors to raise funds at a $12B to $15B valuation, up from ~$8B pre-investment in a raise earlier in October (Kate Clark/Bloomberg)

The UK FCA sues Justin Sun-linked crypto exchange HTX in London's High Court for alleged illegal promotion of "cryptoasset services" to UK consumers (Lucca De Paoli/Bloomberg)

Amazon is testing AR glasses for delivery drivers, using AI and computer vision to help them scan packages, follow walking directions, and get proof of delivery (Todd Bishop/GeekWire)

Q&A with GM CEO Mary Barra and CPO Sterling Anderson on GM's plans for AI and autonomous driving, ditching Apple CarPlay and Android Auto on all its cars, more (Nilay Patel/The Verge)

SAP reports Q3 revenue up 7% YoY to €9.08B, cloud revenue up 22% to €5.29B, below €5.33B est., and current cloud backlog up 23% to €18.84B (Christina Kyriasoglou/Bloomberg)

IBM reports Q3 revenue up 9% YoY to $16.3B, above $16.1B est., and Hybrid Cloud (Red Hat) revenue up 14%, below 16% est.; IBM drops 6%+ after hours (Brody Ford/Bloomberg)

A teen's parents allege OpenAI loosened ChatGPT's suicide-talk rules to boost engagement before their son died by suicide using a method discussed with ChatGPT (Wall Street Journal)

Tinder plans to expand its facial verification feature to all new US users in the coming months, following its rollout in seven countries and in California (Lauren Forristal/TechCrunch)

Canada's financial crime watchdog fines crypto exchange Cryptomus a record ~$126M for infractions including failing to flag suspicious transactions (Canadian Press)

Sources: Kalshi is receiving funding offers from VC investors at $10B-$12B or higher valuations, just weeks after it announced a $300M round at a $5B valuation (Bloomberg)

TikTok pushes merchants to use a new ad-buying tool that promotes videos linking to TikTok Shop rather than merchants' own sites, frustrating some merchants (Ann Gehan/The Information)

Apple removes controversial dating safety apps Tea and TeaOnHer from the App Store for failing to meet requirements around content moderation and user privacy (Sarah Perez/TechCrunch)

Reddit files a lawsuit against Perplexity and three data scraping companies, accusing them of illegally stealing its data by scraping Google search results (Mike Isaac/New York Times)

Sources: Trump administration is considering barring exports of products made with US software to China in response to the country's rare earth restrictions (Reuters)

Meta removes an AI video designed to look like RTÉ news bulletin that falsely showed Irish presidential candidate Catherine Connolly withdrawing from the race (Órla Ryan/The Irish Times)

Google says its Willow quantum chip using a new Quantum Echoes algorithm ran computations 13,000x faster than supercomputers, aiding drug and materials research (Cade Metz/New York Times)

GM plans to roll out Google Gemini in its vehicles starting in 2026 and plans an advanced driver-assistance system with eyes-off driving capabilities in 2028 (Michael Wayland/CNBC)

ShopMy, which lets brands run influencer marketing efforts, raised $70M led by Avenir at a $1.5B valuation, up from ~$410M after raising $77.5M in March 2024 (Diana Pearl/The Business of Fashion)

Starbridge, which helps businesses monitor public sector opportunities by consolidating fragmented data, raised a $42M Series A led by David Sacks' Craft (Dominic-Madori Davis/TechCrunch)

The UK CMA says it will label Apple and Google as having "strategic market status", imposing stricter rules on how they run their platforms to boost competition (Financial Times)

Sumble, which offers an AI sales intelligence service, emerges from stealth and raised a $30M Series A led by Canaan Partners and $8.5M seed led by Coatue (Ram Iyer/TechCrunch)

YouTube now lets mobile users set a customizable daily limit to restrict how long they can scroll Shorts feeds; the limit notifications are dismissible (Jess Weatherbed/The Verge)

Meta is cutting roughly 600 jobs out of several thousand roles within its Superintelligence Lab, including in its FAIR unit, to create a more agile operation (Ina Fried/Axios)

The NHL reaches multiyear licensing agreements with prediction market startups Kalshi and Polymarket, the first major US league to allow use of its trademarks (Alexander Osipovich/Wall Street Journal)

Shenzhen-based humanoid robot maker Leju Robotics raised $200M+ led by Citic Goldstone and Shenzhen Investment Holdings ahead of a planned IPO (Bloomberg)

Crypto trading firm FalconX agrees to acquire 21shares, one of the main crypto ETF managers, for an undisclosed sum; 21shares had $11B+ in assets in September (Vicky Ge Huang/Wall Street Journal)

Sources: Apple has cut production orders for the iPhone Air to levels near "end of production" but increased those for the iPhone 17 and iPhone 17 Pro (Nikkei Asia)

UEFA joins the MPA-led anti-piracy coalition Alliance for Creativity and Entertainment, the first sports governing body to join the group, which has 50+ members (Adam Leventhal/The Athletic)

Sources: Microsoft is significantly increasing the price of its Xbox Development Kit from $1,500 to $2,000, after hiking Series X prices by $150 in September (Tom Warren/The Verge)

China is racing ahead of the rest of the world in the adoption of robovans, despite limitations like slow speeds; Neolix has deployed 10,000 robovans so far (Wataru Suzuki/Nikkei Asia)

Sources: Chinese chipmaker YMTC considers an IPO in China at an up to ~$40B valuation as soon as 2026, in what could be one of China's biggest IPOs in years (Bloomberg)

Researchers detail systemic vulnerabilities in AI agentic browsers, including Perplexity's Comet and Fellou, related to indirect prompt injection attacks (Brave)

Apple's Vision Pro with the M5 chip is assembled in Vietnam, according to labels on its packaging; the M2-based model, launched in 2024, was built in China (Bloomberg)

Baidu and Swiss Post's PostBus plan to launch Baidu's Apollo Go autonomous vehicle service in Switzerland, testing in December ahead of rollout by Q1 2027 (Reuters)

EBU/BBC study: 45% of responses from top AI assistants misrepresented news content with at least one significant issue and 31% showed serious sourcing problems (Olivia Le Poidevin/Reuters)

Electricity demand from data centers powering the AI boom has caused a gas turbine supply crunch, as the US becomes the epicenter of new gas-fired power plants (Financial Times)

Keycard, which lets enterprises manage AI agent access to internal systems, raised a $30M Series A led by Acrew Capital and a $8M seed led by a16z and boldstart (Maria Deutscher/SiliconANGLE)

Nonprofit Cyber Monitoring Centre estimates that the Jaguar Land Rover cyberattack cost the UK economy at least £1.9B and affected over 5,000 UK organizations (Financial Times)

Sources: Fal.ai, which hosts multimodal AI models for developers, raised ~$250M at a $4B+ valuation, less than three months after announcing a $125M Series C (Marina Temkin/TechCrunch)

Hyro, whose AI agents let US health care organizations automate tasks like scheduling and prescription renewals, raised $45M, taking its total funding to $95M (Sophie Shulman/CTech)

Sesame, which is developing an AI agent with a natural-sounding human voice and smart glasses, raised a $250M Series B and opens an early beta of its iOS app (Sarah Perez/TechCrunch)

Japanese regulators' plan to cull the smallest listings on the Tokyo Stock Exchange is spurring a record number of startup buyouts in Japan, while IPOs slump (Bloomberg)

A UN pact to fight cybercrime is set to be signed by dozens of countries in Hanoi; tech companies and activists warn the pact may criminalize ethical hacking (Francesco Guarascio/Reuters)

Prince Harry and 800+ public figures sign a Future of Life Institute statement urging a ban on AI superintelligence development until it can be deployed safely (David Ingram/NBC News)

Palworld developer Pocketpair says its new publishing division won't fund games that use generative AI, saying it "doesn't believe" in the tech (Chris Kerr/Game Developer)

Sources: Sequoia COO Sumaiya Balbale resigned after the firm refused to discipline partner Shaun Maguire over his comments calling Zohran Mamdani "an Islamist" (Financial Times)

Samsung says it is working on Android XR-based smart glasses in partnership with Warby Parker and Gentle Monster, during its Worlds Wide Open event (Sabrina Ortiz/ZDNET)

Samsung's Galaxy XR headset includes an Explorer Pack that bundles a year of Google AI Pro, YouTube Premium, Play Pass, and more with purchases through year-end (Matt Horne/Android Authority)

Samsung Galaxy XR hands-on: micro-OLED displays are good, eye tracking works well, lighter than the Vision Pro, and Android XR looks a lot like Apple's visionOS (The Shortcut)