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Neobank Mercury says it has hit $650M in annualized revenue, up from $500M by end of 2024, and has been GAAP profitable on net income and EBITDA for three years (Allie Garfinkle/Fortune)

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A Delaware federal jury rules that GoDaddy owes patent owner Express Mobile $170M for violating its rights in website-building technology; GoDaddy will appeal (Blake Brittain/Reuters)

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Trump Media reports Q3 net sales down 3.8% YoY to $972.9K and a net loss of $55M, up from $19M in Q3 2024; its stock is down 70% from a January high (Bailey Lipschultz/Bloomberg)

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You.com CEO Richard Socher is working on a new AI lab to automate AI research, and, sources say, hopes to raise $1B for it; Socher will remain at You.com (The Information)

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Meta says it will invest $600B in the US infrastructure and jobs by 2028; Zuckerberg told Trump at a September dinner that Meta will spend "at least $600B" (Juby Babu/Reuters)

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Denmark's government has reached a political agreement to ban social media access for anyone under 15, with a possible parental consent exception from age 13 (Euronews)

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Amazon launches Amazon Bazaar, a standalone, low-cost shopping app in 12+ markets across Asia, Africa, and Latin America, with most products priced under $10 (Sarah Perez/TechCrunch)

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Commonware, which develops open-source code for launching blockchains, raised $25M led by Tempo, a stablecoin-focused blockchain backed by Stripe and Paradigm (Ben Weiss/Fortune)

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Fastbreak AI, which provides AI-based sports scheduling optimization tools to the NBA, the NHL, MLS, and others, raised $40M led by Greycroft and GTMfund (Kim Bhasin/Bloomberg)

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1Password CEO David Faugno says the company has crossed $400M in ARR, up from $250M in 2023, and says it is benefiting from a threat landscape shift due to AI (Samantha Subin/CNBC)

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Sources: Google Gemini co-lead Noam Shazeer clashed with colleagues on internal forums over topics like gender and Gaza; moderators deleted some of his comments (The Information)

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Microsoft, Meta, and sources say, Google, will not publish diversity reports and data in 2025; Amazon, Apple, and Nvidia released new diversity data in 2025 (Paresh Dave/Wired)

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Study: Polymarket's trading volume has been inflated by wash trading, accounting for an average of 25% of all buying and selling over the past three years (Lydia Beyoud/Bloomberg)

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Vodafone and AST SpaceMobile plan to establish a Europe-led satellite constellation, operated out of Germany, to provide satellite-to-smartphone connectivity (Reuters)

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China is letting Nexperia export chips again, per officials from several auto companies; shares of Wingtech, Nexperia's Chinese parent company, close up 9.70% (Bloomberg)

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Texas Attorney General Ken Paxton sues Roblox, saying it's a "breeding ground for predators" that is "flagrantly ignoring" safety laws and "deceiving parents" (Osmond Chia/BBC)

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Sources: the Netherlands is prepared to drop the ministerial order that gave it control of Nexperia if China allows exports of its critical chips again (Bloomberg)

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Researchers tested Google DeepMind's AlphaEvolve AI coding agent on 67 mathematical problems and found that it discovered improved solutions to ~20 of them (Adam Zsolt Wagner/@azwagner_)

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Seven lawsuits in California, including four wrongful death lawsuits, claim ChatGPT encouraged dangerous discussions, leading to suicides and harmful delusions (Kashmir Hill/New York Times)

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Speaking to shareholders, Elon Musk says Tesla is "probably going to have to build a gigantic chip fab" for AI chips and "maybe, we'll do something with Intel" (Sayantani Ghosh/Reuters)

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Draft proposal: the EU weighs a pause and simplification of parts of the AI Act, with a decision expected on November 19, amid pressure from Big Tech and the US (Barbara Moens/Financial Times)

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TikTok Shop says fraudulent sellers are using AI to create fake brands and nonexistent products; TikTok rejected 70M products and banned 700K sellers in H1 2025 (Dan Whateley/Business Insider)

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Cloudflare warns the US government that site-blocking efforts in Europe and Asia to combat online piracy are creating digital trade barriers for US providers (Ernesto Van der Sar/TorrentFreak)

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An Oxford Internet Institute study of 445 AI benchmarks finds many tests lack clear aims and comparable statistical methods, potentially exaggerating AI claims (Jared Perlo/NBC News)

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Chinese startup Moonshot releases Kimi K2 Thinking, an open-source model it claims beats GPT-5 in agentic capabilities; source: the model cost $4.6M to train (Evelyn Cheng/CNBC)

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Sources: the White House has told others in the government it won't allow Nvidia to sell its scaled-down AI chip B30A to China, despite Trump's hints he might (Qianer Liu/The Information)

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Tow Center identifies eight X bot accounts that use X's AI Note Writer API to write between 5% to 10% of the Community Notes visible to the public each day (C.J. Robinson/Columbia Journalism Review)

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Block reports Q3 revenue up 2.3% YoY to $6.1B, below $6.3B est., adjusted EPS below est., and a $461.6M net income, up from $283.8M; XYZ drops 11%+ after hours (Dean Seal/Dow Jones Newswires)

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Affirm reports Q1 revenue up 34% YoY to $933M, vs. $883M est., GMV up 42% to $10.8B, vs. $10.38B est., and profit above estimates; AFRM jumps 11%+ after hours (Reinhardt Krause/Investor's Business ...)

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The US Congressional Budget Office says it has identified a security incident; sources say the CBO has been hacked by a suspected foreign actor (Washington Post)

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Meta launches Vibes, its short-form video feed of AI-generated videos, in Europe through the Meta AI app, following its US debut six weeks earlier (Aisha Malik/TechCrunch)

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Tesla shareholders approve a $1T pay package for Elon Musk that requires him to hit a series of milestones and expand Tesla's market cap to $8.5T over 10 years (Becky Peterson/Wall Street Journal)

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Airbnb reports Q3 revenue up 10% YoY to $4.1B, vs. $4.08B est., Nights and Seats booked up 9% to 133.6M, vs. 131.75M est., forecasts Q4 revenue above estimates (Ashley Capoot/CNBC)

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DoorDash's stock fell 17%+ on Thursday, marking its worst trading day ever, amid concerns over its 2026 spending plans for new products like autonomous delivery (Samantha Subin/CNBC)

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Take-Two delays the release of GTA VI by six months to November 2026, reports Q2 net bookings up 33% YoY to $1.96B, vs. $1.72B est.; TTWO drops 6%+ after hours (Jason Schreier/Bloomberg)

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Sam Altman says OpenAI doesn't want government guarantees for data centers and expects to fund investments with revenues hitting "hundreds of billions by 2030" (Shirin Ghaffary/Bloomberg)

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Amazon is testing an AI tool called Kindle Translate that automatically translates books into other languages, for authors that self-publish on the platform (Lawrence Bonk/Engadget)

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The FBI has subpoenaed the domain registrar of archive.today, demanding information about the owner of the archiving site as part of a criminal investigation (Jason Koebler/404 Media)

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A US judge sentences Keonne Rodriguez, a co-founder of crypto mixer Samourai Wallet, to five years in prison for helping to launder hundreds of millions (Chris Dolmetsch/Bloomberg)

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OpenAI releases a blueprint the company hopes lawmakers will use in crafting safety standards for teens using AI, with five suggestions for AI companies (Ashley Gold/Axios)

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David Sacks says there will be "no federal bailout for AI", as the US has at least five major AI companies and "if one fails, others will take its place" (Ashley Capoot/CNBC)

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a16z announces an eight-week new media fellowship for people with a record of creating "impactful content" via newsletters, podcasts, communities, and more (a16z)

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Google adds Gemini's Deep Search to Google Finance, which also gets prediction market data from Kalshi and Polymarket for future event analysis, first in the US (Aamir Siddiqui/Android Authority)

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Datadog's stock jumps 15%+ after it reported Q3 revenue up 28% YoY to $885.7M, above $852.8M est., and forecasted Q4 revenue at $912M to $916M, above $877M est. (Jaures Yip/CNBC)

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OpenAI CFO Sarah Friar clarifies the startup is not seeking a government "backstop" for its infrastructure deals, saying her use of the word "muddied the point" (Ashley Capoot/CNBC)

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DualBird, which has created a plug-in for rewritable hardware that accelerates data workloads, raised an $8.5M seed and a $16.5M Series A led by Lightspeed (Chris Metinko/Axios)

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Truffle Security, whose open-source tool detects, verifies, and remediates exposed secrets like API keys, raised a $25M Series A led by Intel Capital and a16z (Duncan Riley/SiliconANGLE)

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Duolingo's stock falls 25%+ after the company said it expects bookings to range between $329.5M and $335.5M this quarter, falling short of a $344.3M estimate (Samantha Subin/CNBC)

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Synchron, whose brain implant is inserted through the circulatory system, avoiding invasive brain surgery, raised a $200M Series D at a nearly $1B valuation (Ike Swetlitz/Bloomberg)

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Fomo, a consumer crypto trading app, raised a $17M Series A led by Benchmark, taking its total funding to $19M, and reports $20M to $40M in daily trading volume (Julie Bort/TechCrunch)

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