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UK prosecutors say the ringleader of a 2024 arson attack on Ukraine-linked businesses in London discussed kidnapping Revolut's Russia-born CEO Nikolay Storonsky (Michael Holden/Reuters)

IBM says it was able to run a key algorithm for correcting qubit errors, which runs alongside quantum chips, on readily available AMD chips; AMD closes up 7.63% (Stephen Nellis/Reuters)

Sources: JPMorgan plans to allow institutional clients globally to use their holdings of bitcoin and ether as collateral for loans by end of year (Emily Nicolle/Bloomberg)

The EU accuses Meta and TikTok of violating their obligations to give researchers adequate access to public data on their platforms under the DSA (Eliza Gkritsi/Politico)

EU accuses Meta under DSA of failing to give users easy ways to flag illegal content and adequate tools to appeal moderation decisions, in preliminary findings (Kim Mackrael/Wall Street Journal)

Pricempire: after Valve updated the exchange rate of Counter-Strike digital items, the market fell by $1.75B, or 25%, on October 23; in 2024, a gun sold for $1M (Cecilia D'Anastasio/Bloomberg)

A US judge says Meta lawyers told staff to block or remove parts of internal teen mental health research to limit liability; Meta says no findings were removed (Isaiah Poritz/Bloomberg Law)

Apple may turn off App Tracking Transparency in Europe due to "intense lobbying efforts" in Germany and other countries over alleged anticompetitive conduct (Marcus Mendes/9to5Mac)

Sources: Snap is in talks with investors, including Saudi Arabia's Public Investment Fund, to raise at least $1B for its AR glasses division (Alex Heath/Sources)

US Energy Secretary Chris Wright urges FERC to limit the process for connecting data centers to power grids to 60 days, a process that typically takes years (Bloomberg)

Trump's pardon of CZ is a gift to the crypto industry, which has spent heavily to ease regulations and rewrite history to remove associations with criminality (Max Chafkin/Bloomberg)

Mustafa Suleyman says Microsoft won't provide erotica AI services and that "other companies will build that", after Sam Altman said ChatGPT would offer erotica (Salvador Rodriguez/CNBC)

EA and Stability AI announce a partnership to build game developer tools, including "smarter paintbrushes" to quickly generate high-quality 2D textures (Jennifer Maas/Variety)

Filing: Applied Materials plans to cut ~4% of its global workforce and expects the layoffs to cost $160M to $180M; it had 36,100 employees as of the end of July (Nick Turner/Bloomberg)

Amazon blames a rare software bug and "faulty automation" for this week's massive AWS glitch, and says it has turned off the flawed automation worldwide (Todd Bishop/GeekWire)

Filing: Strava voluntarily dismissed its patent lawsuit against Garmin, for allegedly infringing its heat map and segments features, just 21 days after filing (Ray Maker/DC Rainmaker)

Anthropic and Google announce their cloud partnership worth tens of billions of dollars, giving Anthropic access to 1M TPUs and 1GW of capacity in 2026 (MacKenzie Sigalos/CNBC)

Intel reports Q3 revenue up 3% YoY to $13.7B, vs. $13.2B est., and net income of $4.1B, vs. a net loss of $16.6B in Q3 2024; INTC jumps 7%+ after hours (Kif Leswing/CNBC)

Trump says he canceled plans for a "surge" of National Guard to San Francisco after speaking to "great people like Jensen Huang, Marc Benioff, and others" (Kate Rogers/CNBC)

Apple's Houston manufacturing facility, originally scheduled to open in 2026, is now shipping AI servers that power Apple Intelligence and Private Cloud Compute (Brooke Singman/Fox Business)

Sources: Adobe held talks to acquire Synthesia, which makes AI tools that generate video avatars of people, for ~$3B; the startup was valued at $2.1B in January (Katie Roof/The Information)

Source: SoftBank held talks about acquiring Agility Robotics for $900M+ before participating in Agility's funding round valuing the startup at $1.75B pre-money (Rocket Drew/The Information)

Anthropic says Claude's memory feature, initially available for Team and Enterprise users, is rolling out to Pro and Max subscribers (Sabrina Ortiz/ZDNET)

PUBG maker Krafton unveils an "AI First" strategy, investing ~$70M to build a GPU cluster to automate AI workflows and strengthen AI R&D and in-game AI services (Jay Peters/The Verge)

Meta cuts roles in its Risk unit, citing a shift from manual reviews to a "consistent and automated process" that is delivering "reliable compliance outcomes" (Jyoti Mann/Business Insider)

OpenAI acquires Software Applications Incorporated, which is building an AI-powered user interface for macOS and raised $6.5M from Sam Altman and others (Shirin Ghaffary/Bloomberg)

Chainguard, which helps companies secure software supply chains, raised $280M, six months after a $356M Series D, bringing its total funding to $892M (Kurt Schlosser/GeekWire)

VideoShops, an affiliate retail platform that lets creators start personalized storefronts with no minimum follower count, raised a $42M seed (Kayla Cobb/The Wrap)

Microsoft unveils Mico, a character that responds with real-time expressions when talked to, now on by default in Copilot's voice mode in the US, UK, and Canada (Tom Warren/The Verge)

Microsoft updates Copilot to add Copilot Groups, enabling up to 32 people to collaborate in a session, and a "real talk" mode to add more personality to Copilot (Tom Warren/The Verge)

Data center startup Crusoe raised $1.4B led by Mubadala and Valor, more than tripling its valuation to $10B+ in one year and taking its total funding to $3.9B (Tabby Kinder/Financial Times)

The UK's Competition Appeal Tribunal rules against Apple in a lawsuit accusing it of abusing its dominant position by charging a 30% App Store commission (Sam Tobin/Reuters)

Super Micro's shares drop 5%+ after the server maker reports it expects $5B in Q1 revenue, down from its $6B to $7B guidance, due to "design win upgrades" (Ashley Capoot/CNBC)

Eight Sleep adds an outage mode to its smart beds after complaints they were stuck at sweltering temperatures and in inclined positions during the AWS outage (Jess Weatherbed/The Verge)

Sources and docs: the US DOJ charged an ex-director of zero-day vendor L3Harris' Trenchant with stealing secrets from two companies to sell to a Russian buyer (Bloomberg)

President Trump pardons convicted Binance founder Changpeng Zhao, following months of efforts by Zhao to boost the Trump family's World Liberty Financial (Wall Street Journal)

Source: Suno hit ~$150M in ARR from subscriptions to its app, up nearly 4x YoY; it has $10- and $30-per-month subscription tiers, implying 5M+ subscribers (Stephanie Palazzolo/The Information)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)