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Crypto media company Blockworks is closing its newsroom, launched in 2021, and will focus on software and data, continuing its main newsletters and podcasts (Pooja Rajkumari/TheStreet)

Microsoft reports Q1 gaming revenue down 2% YoY to $5.51B, Xbox hardware revenue down 29% YoY, and Xbox content and services revenue up 1% YoY (Jennifer Maas/Variety)

Mark Zuckerberg says Threads has 150M DAUs, up from 100M+ in December 2024, and Meta has rolled out ads globally in the Threads feed with plans to add video ads (Karissa Bell/Engadget)

Microsoft reports Q1 Azure and other cloud services revenue up 40% YoY, vs. 38.4% est., and capital expenditures at $34.9B, vs. $30.34B est. (Reuters)

Sources: Mastercard is in late-stage talks to acquire the crypto and stablecoin infrastructure startup Zerohash for between $1.5B and $2B (Fortune)

Microsoft's OpenAI investment resulted in a $3.1B hit to Q1 net income; Productivity and Business Processes revenue, with Office and LinkedIn, grew 17% to $33B (Ashley Capoot/CNBC)

eBay reports Q3 revenue up 9% YoY to $2.82B, vs. $2.73B est., GMV up 10% to $20.1B, and forecasts Q4 profit below estimates; EBAY drops 6%+ after hours (Spencer Soper/Bloomberg)

Alphabet reports Google Cloud Q3 revenue of $15.15B vs. $14.74B est., and raises 2025 capex forecast to $91B-$93B, after projecting $85B in July (Jennifer Elias/CNBC)

Sources: YouTube reorganizes its leadership team, with three product teams reporting to CEO Neal Mohan, and announces a "voluntary exit program" for US staff (Alex Heath/Sources)

Meta reports Reality Labs Q3 revenue of $470M vs. $316M est., and a $4.4B operating loss vs. $5.1B est.; Reality Labs has lost $70B+ since 2020 (Jonathan Vanian/CNBC)

Meta recorded a one-time income tax charge of $15.93B related to Trump's Big Beautiful Bill and expects 2025 capex of $70B-$72B, up from a $66B-$72B forecast (Jaspreet Singh/Reuters)

Alphabet reports YouTube's Q3 ad revenue rose 15% YoY to $10.26B, vs. $10.01B est., and Google's advertising revenue reached $74.18B, up from $65.85B a year ago (Todd Spangler/Variety)

Microsoft reports Q1 revenue up 18% YoY to $77.7B, vs. $75.3B est., net income up 12% to $27.7B, and More Personal Computing revenue up 4% to $13.8B (Microsoft)

Meta reports Q3 revenue up 26% YoY to $51.2B vs. $49.4B est., net income down 83% to $2.7B, family DAP up 8% to 3.54B for September; META drops 8%+ after hours (Meta)

Alphabet reports Q3 revenue up 16% YoY to $102.35B, vs. $99.89B est., Cloud revenue up 34% to $15.16B, net income up 33% to $34.98B; GOOG jumps 5%+ after hours (Alphabet)

Google starts rolling out the Gemini for Home voice assistant in early access in the US, on Nest devices set to English (Abner Li/9to5Google)

A former L3 Harris executive pleads guilty in a US district court to selling eight zero-day exploits to a Russian broker in exchange for millions of dollars (Greg Otto/CyberScoop)

Sources: Synthesia, which helps companies generate videos with AI avatars, raised $200M led by GV at a $4B valuation, up from a $2.1B valuation in January (Rashi Shrivastava/Forbes)

Sources: legal AI startup Harvey raised $150M led by a16z at an $8B valuation, up from a $5B valuation in June, bringing its total raised to over $1B (Iain Martin/Forbes)

Microsoft 365 and Azure suffer outages; users report problems accessing sites and services, and the company says it is investigating (Jonathan Vanian/CNBC)

Cursor launches Cursor 2.0, with its first coding model, Composer, that it says is 4x faster than similar models, and a multi-agent interface (Cursor)

China is expediting IPO approvals amid its AI rivalry with the US, recently approving listings for chip designers MetaX and Moore Threads in just three months (The Information)

Apollo Global reaches a deal to sell AOL to Bending Spoons, sources say in a deal valued at ~$1.5B; AOL has about 30M MAUs across its email and web properties (Sara Fischer/Axios)

Amazon opens Project Rainier, an $11B AI data center on 1,200 acres in Indiana that trains and runs Anthropic's AI models using 500K+ Amazon Trainium 2 chips (MacKenzie Sigalos/CNBC)

Jamf says PE firm Francisco Partners agreed to take the device management software maker private in an all-cash deal valued at ~$2.2B, set to close in Q1 2026 (Connor Hart/Wall Street Journal)

Amazon's $100 Echo Dot Max and $220 Echo Studio review: the devices run Alexa+, which works well, and have good audio quality, but the Studio is underwhelming (Chris Welch/Bloomberg)

YouTube is using AI to upscale videos uploaded at between 240p and 720p to "HD" and plans to offer 4K upscaling "in the near future"; users can opt out (Jess Weatherbed/The Verge)

Nvidia opens at a $5T market cap, becoming the first company to hit the milestone, climbing 5% in early trading; NVDA is up 50% in 2025 and 1,275% since 2022 (Financial Times)

Investigation: the US government allowed and even helped US companies sell tech used for China's surveillance across five GOP and Democratic administrations (Associated Press)

Grammarly rebrands as Superhuman after its acquisitions of Superhuman Mail in June and Coda in December 2024; the standalone writing tool Grammarly still exists (Stevie Bonifield/The Verge)

Character.ai plans to limit under-18s to two hours of conversations per day, gradually reducing the time limit before banning them completely from November 25 (Cristina Criddle/Financial Times)

Grokipedia hands-on: many articles clone Wikipedia, but deviate significantly on topics Elon Musk cares about, with inaccuracies on some scientific topics (The Verge)

The US FCC votes 3-0 to tighten restrictions on telecom equipment from Chinese companies on its Covered List, including Huawei and ZTE, to close loopholes (David Shepardson/Reuters)

Uber plans to launch its first robotaxi in the San Francisco Bay Area in late 2026, built on Lucid's Gravity SUV, after testing 100 cars in the coming months (Dee-Ann Durbin/Associated Press)

OpenAI releases gpt-oss-safeguard, its open-weight reasoning models for safety classification tasks, available in 120B and 20B parameters, under Apache 2.0 (OpenAI)

PitchBook: Nvidia invested in 59 AI startups in 2025 so far, including 10 in the past two months, surpassing 55 investments in 2024 and 12 investments in 2022 (Emily Forgash/Bloomberg)

Etsy appoints Chief Growth Officer Kruti Patel Goyal as its new CEO, starting January 1, 2026, replacing Josh Silverman after eight years in the role (Bloomberg)

Big Tech's EU lobbying hit €151M in 2025, up from €113M in 2023 and €97M in 2021; between January and June 2025, Big Tech had 146 meetings with EU officials (Corporate Europe Observatory)

Jensen Huang says the US needs "finesse" to maintain its AI lead over China and Nvidia is an "awkward place" as President Trump meets Xi Jinping later this week (Maggie Eastland/Bloomberg)

Amazon, UPS, Target, GM, and other major US companies are laying off tens of thousands of white collar workers, as executives hope AI can handle their workload (Wall Street Journal)

Internal memo: Amazon makes "significant role reductions" to its game division and will cut down on big budget titles, as it focuses on Luna and casual games (Jason Schreier/Bloomberg)

IBM releases four open-source Granite 4.0 Nano AI models ranging from 350M to 1.5B parameters, designed to run on consumer hardware and even in web browsers (Carl Franzen/VentureBeat)

A look at the FGC-9, a 3D-printed semiautomatic gun created by a German incel that scholars and lawmakers say is the most popular "ghost gun" outside the US (Samanth Subramanian/Bloomberg)

French lawmakers vote to raise France's digital services tax on US tech giants to 6%, up from 3%; the French government opposes the move, fearing US retaliation (Politico)

Sources: OpenAI's restructuring, approved by California's AG, paves the way for an IPO as soon as 2027; Sam Altman says an IPO is likely but gave no timeframe (Wall Street Journal)

After Nvidia GTC, Jensen Huang says "I don't believe we're in an AI bubble" and that Nvidia expects to sell 20M Blackwell chips, up from 4M Hopper chips (Bloomberg)

US FEC filings and public statements: a handful of crypto super PACs have amassed ~$263M ahead of the 2026 midterms; Fairshake remains the biggest at $141M (Bloomberg)

Some ad buyers say brands are increasingly spending on Reddit due to the site's prominence in AI-powered search results and its growing audience (Trishla Ostwal/Adweek)

A survey of 16K+ creators in eight countries: 86% use creative GenAI tools, 60% use multiple, 48% use them for ideation, and 52% for creating video and more (Adobe Newsroom)

USC sues Google in Texas federal court, alleging that Google Earth, Maps, and Google Street View violate its patents for overlaying 2D images onto 3D models (Blake Brittain/Reuters)