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Techmeme

Cyprus' financial regulator grants a crypto license to Revolut, allowing the startup to offer crypto services across the EU under new regulations (Elizabeth Howcroft/Reuters)

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Internal memo: TikTok plans leadership changes, moving two teams under ByteDance veteran Fiona Zhi and undoing earlier efforts to empower Western executives (Juro Osawa/The Information)

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Amazon relaunches its game streaming service Luna, available at no additional cost for Prime subscribers, and adds new beginner-friendly multiplayer games (Ian Carlos Campbell/Engadget)

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ChatGPT Atlas hands-on: generally able to interpret instructions and navigate simple menus, but "technical constraints on session length" are a limiting factor (Kyle Orland/Ars Technica)

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Sources: Microsoft asks its Xbox unit to hit 30% "accountability margins", or profit margins, and Xbox canceled products, cut jobs, and raised prices to meet it (Bloomberg)

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UnifyApps, which lets companies build AI chatbots by connecting SaaS apps and data, raised a $50M Series B led by WestBridge, after a $20M Series A in 2024 (Chris Metinko/Axios)

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Email: Indian crypto exchange WazirX plans to resume operations on October 24, following a court-approved restructuring, after hackers stole $230M in July 2024 (Shaurya Malwa/CoinDesk)

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Chinese state media: China's new five-year development plan aims to achieve tech self-reliance and expand the domestic market, after a four-day CCP conclave (Bloomberg)

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Alibaba launches a free consumer-focused AI chatbot in its Quark app, powered by Qwen 3, and plans to open pre-sales for its $660 Quark AI Glasses on October 24 (Reuters)

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AI creative studio Wonder Studios, backed by OpenAI and Google DeepMind execs, raised a $12M seed led by Atomico and aims to release its first content in 2026 (Najat Kantouar/Wall Street Journal)

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Chinese robovan startup Neolix raised $600M led by UAE-based Stone Venture without disclosing its valuation, ahead of a potential Hong Kong IPO as soon as 2026 (Wataru Suzuki/Nikkei Asia)

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Ukraine says it has now deployed 30K free physical security keys, called YubiKeys, including 22K to access battle system Delta, up from ~10K in April 2022 (Katrina Manson/Bloomberg)

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Europe's startup ecosystem, which had 35,000 early-stage companies in the EU and the UK in 2024, per Atomico, is hindered by complex and varying regulations (Niki Kitsantonis/New York Times)

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Airbus, Leonardo, and Thales agree to a deal to combine their space businesses, promising "significant synergies" in a bid to build a European SpaceX competitor (Financial Times)

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OpenAI, Oracle, and Vantage Data Centers plan to build a data center in Wisconsin called Lighthouse, costing $15B+ and set to open in 2028, as part of Stargate (Juby Babu/Reuters)

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Lawyers for a teen who died by suicide after allegedly discussing methods with ChatGPT call OpenAI's request for all memorial documents "intentional harassment" (Cristina Criddle/Financial Times)

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How Meesho and the rise of quick commerce companies disrupted Flipkart and Amazon's e-commerce duopoly that had existed in India for over a decade until 2023 (Manish Singh/India Dispatch)

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