← Back to news

T

Techmeme RSS Feed

Milan-based Bending Spoons, which buys and seeks to revitalize tech brands like AOL, raised $710M led by T. Rowe Price at an $11B pre-money valuation (Sara Fischer/Axios)

Google partners with Reliance to offer free AI Pro access to Jio 5G users in India for 18 months; Perplexity has a similar deal with Bharti Airtel (Jagmeet Singh/TechCrunch)

Q&A with Palantir CTO Shyam Sankar on surveillance, AI, the future of war, data, privacy, the US military, ImmigrationOS, the DHS, ICE, the UK's IDs, and more (New York Times)

UMG and Stability AI announce a partnership to develop music creation tools powered by "responsibly" trained AI (Marc Schneider/Billboard)

WhatsApp launches passkey-encrypted backups for iOS and Android, letting users encrypt their stored message history using their face, fingerprint, or a code (Jess Weatherbed/The Verge)

OpenAI's Sora app adds new features, including "character cameos" to create AI deepfakes of pets, illustrations, and more, clip stitching, and leaderboards (Jess Weatherbed/The Verge)

Alphabet passed $100B in quarterly revenue for the first time, in Q3; Sundar Pichai says "AI Overviews drive meaningful query growth" and AI Mode has 75M DAUs (Kendra Barnett/Adweek)

Roblox reports Q3 revenue up 48% YoY to $1.36B, DAUs up 70% YoY to 151.5M, above 132.3M est., bookings up 70% YoY to $1.9B, above $1.7B est.; RBLX drops 10%+ (Cecilia D'Anastasio/Bloomberg)

After Trump and Xi's meeting, China says it will suspend its rare earth export controls issued on October 9 for one year, but says nothing about earlier limits (Keith Bradsher/New York Times)

Sources: the US Commerce Department proposed banning TP-Link Systems' networking devices due to TP-Link's China ties, gaining support from 6+ federal agencies (Joseph Menn/Washington Post)

Swedish startup Legora, whose AI tools help legal teams research and more, raised a $150M Series C at a $1.8B valuation, up from $675M in May after raising $80M (Supantha Mukherjee/Reuters)

China's Commerce Ministry says it will work with the US to resolve issues related to TikTok, stopping short of saying it agreed to a deal touted by Trump (Mark Anderson/Bloomberg)

Google, Meta, and Microsoft collectively spent nearly $80B on AI infrastructure in Q3, dividing the market on whether they can translate huge capex into income (Financial Times)

Netflix, Anthropic, and others are paying researchers up to $25K to find and report flaws; HackerOne paid a record $81M in rewards in the past year, up 13% YoY (Emily Forgash/Bloomberg)

Scale AI and CAIS' Remote Labor Index benchmark, which tests AI agents on freelance tasks, finds the best AI could perform just <3% of the work, earning $1,810 (Will Knight/Wired)

President Trump and Xi Jinping agree a yearlong truce that rolls back many contentious tariffs and retaliatory measures; the current deal expired on November 10 (New York Times)

Elon Musk's lawyer pledges to fight OpenAI's for-profit restructuring and says California's and Delaware's AGs "cannot sanitize OpenAI's unlawful conduct" (Bloomberg)

President Trump says he and Xi Jinping discussed Nvidia and other chipmakers' access to China, and that they didn't discuss approving sales of Blackwell chips (Mackenzie Hawkins/Bloomberg)

TrendForce estimates DRAM in 2026 will bring in over 4x as much revenue as the 2023 trough, reaching a record ~$231B, driven by AI industry demand for HBM chips (Jiyoung Sohn/Wall Street Journal)

Walmart's PhonePe raised $600M from General Atlantic at a $14.5B valuation, as the Indian digital payments and financial services company prepares for an IPO (The Economic Times)

Corporate travel and expense management software maker Navan and its shareholders raised $923.1M in a US IPO priced at $25/share, giving it a $6.2B market cap (Subrat Patnaik/Bloomberg)

LatAm e-commerce giant MercadoLibre reports Q3 revenue up 39% YoY to $7.4B, vs. $7.2B est., a $421M net income, vs. $489M est., and 77M unique buyers, up 26% (Maria Clara Cobo/Bloomberg)

Q&A with Logitech CEO Hanneke Faber on software-enabled hardware, prioritizing design, launching about 40 new products each year, AI, tariffs, and more (Harry McCracken/Fast Company)

GitHub says TypeScript passed Python and JavaScript in August to become the most used language among its 180M+ developers; India added 5.2M developers in 2025 (The GitHub Blog)

Sources detail how Binance boosted the Trump family's World Liberty Financial by facilitating a $2B purchase of USD1 and building its tech ahead of CZ's pardon (Wall Street Journal)

Bengaluru-based Snabbit, which offers a range of on-demand home services, raised a $30M Series C at a $180M valuation, taking its total funding to $55M (Jagmeet Singh/TechCrunch)

Life sciences group Thermo Fisher agrees to acquire PE-owned drug trial software maker Clario for $9.4B in an all-cash deal expected to close by mid-2026 (Oliver Barnes/Financial Times)

Google updates Play Store policy in the US to let developers link to external app stores and payment options, following the Epic v. Google injunction (Adamya Sharma/Android Authority)

UMG partners with AI music generator Udio to launch a subscription service for creating music with licensed songs in 2026, in part to settle a copyright lawsuit (Katherine Sayre/Wall Street Journal)

Disney and YouTube settle their legal dispute over YouTube's hiring in May of former Disney executive Justin Connolly to be global head of media and sports (Dominic Patten/Deadline)

CoreStory, whose AI platform automates generating documentation for legacy code bases, raised a $32M Series A led by Tribeca, NEA, and SineWave (Maria Deutscher/SiliconANGLE)

Samsung reports Q3 revenue up 8.85% YoY to ~$60.5B, vs. ~$60.4B est., and operating profit up 32.9% YoY to ~$8.57B, vs. ~$7.9B est., more than doubling from Q2 (Dylan Butts/CNBC)

Sources: Consensys, maker of crypto wallet MetaMask, plans to go public, with JPMorgan and Goldman Sachs leading its IPO; Consensys was valued at $7B in 2022 (Lucinda Shen/Axios)

Sources: OpenAI is preparing for an US IPO that could value it at ~$1T and has explored raising $60B+, filing as soon as H2 2026, and listing in 2027 (Reuters)

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)