← Back to news
T

Techmeme

A UK judge sentences a Chinese woman to 11 years and 8 months in prison for laundering bitcoin linked to a $5.6B investment scheme in which UK seized 61K BTC (Upmanyu Trivedi/Bloomberg)

T

Lighter, which operates an Ethereum Layer 2 network and a decentralized exchange to support perpetual futures contracts, raised $68M at a ~$1.5B valuation (Ben Weiss/Fortune)

T

Brave CBO Brian Brown says the company passed $100M in annualized revenue in Q1 and its browser had 100M MAUs as of September, up from 77M at the end of 2024 (Stephanie Palazzolo/The Information)

T

Lighter raises $68 million at a $1.5 billion valuation as VC bets flood back into perp DEX infrastructure: report (Naga Avan-Nomayo/The Block)

T

Amsterdam-based Wonderful, which helps companies manage client-facing AI agents across voice, chat, and email in any language, raised $100M at a $700M valuation (Steven Scheer/Reuters)

T

A Danish court sentences a man for sharing 347+ copyrighted nude scenes on Reddit featuring 100+ actresses and 25TB+ of pirated content via a torrent tracker (Ernesto Van der Sar/TorrentFreak)

T

Source: Blue Owl's Digital Infrastructure funds invested ~$3B in a New Mexico-based Stargate data center, set to consume 4.5GW, as Blue Owl ramps up its AI bet (Miles Kruppa/The Information)

T

Microsoft AI CEO Mustafa Suleyman says his new superintelligence team will build "frontier-grade research capability" and Microsoft needs AI self-sufficiency (Ashley Stewart/Business Insider)

T

Samsung rolls out its Vision AI Companion, a generative AI-powered upgrade to its Bixby assistant, across its 2025 TV lineup, with support for 10 languages (Dominic Preston/The Verge)

T

Sea reports Q3 revenue up 38% YoY to $6B, above $5.65B est., a $375M net income, below $433M est., and Shopee revenue up 35% YoY to $4.3B and GMV up 28% YoY (Olivia Poh/Bloomberg)

T

Nebius signs a ~$3B, five-year deal to provide Meta with AI infrastructure and reports a $100.4M net loss in Q3, up from $39.7M in Q3 2024; NBIS is up 250%+ YTD (Deborah Sophia/Reuters)

T

Oura CEO Tom Hale says the Finnish smart ring startup expects "maybe close" to $2B in sales in 2026, is on track for $1B in 2025, and has "no news on an IPO" (Tasmin Lockwood/CNBC)

T

Sources: the EU plans to designate WhatsApp's Channels as a Very Large Online Platform under the DSA, meaning it must meet moderation and transparency standards (Gian Volpicelli/Bloomberg)

T

Microsoft says it will spend $10B to build a data center park in Sines, Portugal, in partnership with Portuguese developer Start Campus and UK startup Nscale (Henrique Almeida/Bloomberg)

T

An investor group and AI developer Voltai plan to use AI to design, build, and run a 3GW data center in South Korea, set to cost up to $35B and open in 2028 (Jiyoung Sohn/Wall Street Journal)

T

Sources: Meta Chief AI Scientist Yann LeCun plans to leave Meta in the coming months to found his own startup; a source says he is in early talks to raise funds (Financial Times)

T

How US-based ACE, led by the MPA, took down illegal sports streamer Streameast, which had 136M global users per month, £4.9M in ad revenue, and ~£150K in crypto (Adam Leventhal/The Athletic)

T

Sources: Apple may add a second camera to the next iPhone Air, possibly set for spring 2027 alongside the iPhone 18 and iPhone 18e, to address user complaints (The Information)

T

How China ramped up its AI development from spring 2024 to catch the US, including via relaxed regulations, huge government funding, and a domestic chip focus (Wall Street Journal)

T

Asahi says shipment levels are at just 10% of normal after a cyberattack in early October, and it is processing orders manually, ahead of a busy December period (Bloomberg)

T

A Munich court sides with Germany's music rights society GEMA in a case against OpenAI, saying OpenAI can't use song lyrics without a license; OpenAI can appeal (Reuters)

T

Apple and Japanese fashion house Issey Miyake launch the $150+ iPhone Pocket, a 3D-knitted fabric accessory, in Apple's first fashion deal since Hermès' in 2015 (Vogue)

T

SoftBank sold its entire Nvidia stake, or ~32M shares, in October for $5.8B and part of its T-Mobile stake for $9.2B, boosting Q2 profit to $16.2B, above est. (David Keohane/Financial Times)

T

Q&A with Tim Berners-Lee on the future of web, AI, his decentralization startup Inrupt and its open-source web protocol Solid, his new memoir, and more (Nilay Patel/The Verge)

T

Google, Temasek, and Bain: private funding for SE Asia's digital economy grew 15% YoY to $7.7B in the year to June, below 25% global growth and 2021's $27B peak (Jun Yuan Yong/Reuters)

T

Bengaluru-based digital lending startup Finnable raised about $28.19M in August 2025 co-led by Z47 and TVS Capital, bringing its total raised to about $60.9M (Alenjith K Johny/The Economic Times)

T

Sony reports Q2 revenue up 4.6% YoY to ~$20.3B, net profit up 6.7% to ~$2.02B, 3.9M of PS5 units sold, and raises FY operating profit forecast by 7.5% to ~$9.3B (Kosaku Narioka/Wall Street Journal)

T

Financial documents: Anthropic expects to break even in 2028, while OpenAI projects ~$74B in operating losses that year before turning a profit in 2030 (Berber Jin/Wall Street Journal)

T

Crypto exchange Gemini reports Q3 revenue up 106% YoY to $50.6M, above $46.2M est., and net loss of $159.5M, up from $90.2M in Q3 2024; GEMI drops 5%+ (Olga Kharif/Bloomberg)

T

Meta introduces Omnilingual Automatic Speech Recognition, a suite of AI models providing automatic speech recognition capabilities for more than 1,600 languages (Carl Franzen/VentureBeat)

T

Intel CTO and AI officer Sachin Katti says he is leaving the company after four years to join OpenAI; Intel says CEO Lip-Bu Tan will take over its AI efforts (CRN)

T

The US Treasury and IRS issue guidance allowing crypto products to offer staking rewards under a new safe harbor (Sander Lutz/Decrypt)

T

CoreWeave reports Q3 revenue up 134% YoY to $1.36B, above $1.29B est., a $110M net loss, and forecasts FY revenue below estimates; CRWV drops 5%+ (Jordan Novet/CNBC)

T

eToro reports Q3 net income up 48% YoY to $57M, adjusted EBITDA up 43% to $78M, above estimates, and announces a $150M share buyback; ETOR closed up 8% (CoinDesk)

T

Meta plans to discontinue Facebook's Like and Share buttons for external sites in February 2026 as usage "naturally declined as the digital landscape evolved" (Anna Washenko/Engadget)

T

Sources: C3.ai is exploring options, including a potential sale and raising funds from private investors, after Thomas Siebel stepped down as CEO in July (Milana Vinn/Reuters)

T

Neros, which makes low-cost, military FPV drones in the US, raised $75M led by Sequoia, bringing its total funding to $121M, and won a US Army contract (Farah Stockman/New York Times)

T

Bakkt reports Q3 revenue up 27% YoY to $402.2M and a $23.2M net loss, driven by an accounting charge tied to warrants issued to its investors; BKKT drops 9%+ (Judy Lagrou/Bloomberg)

T

Sources: Apple is delaying the release of the next version of the iPhone Air, originally planned for fall 2026, after the first model sold below expectations (The Information)

T

Sources: the European Commission is exploring ways to force EU member states to phase out Chinese telecom equipment makers Huawei and ZTE from their networks (Bloomberg)

T

Travel and leisure booking service Klook files for a US IPO, and reports a net loss of $141.5M on $407.4M of revenue for the first nine months of 2025 (Bloomberg)

T

Canada-based legaltech company Clio raised a $500M Series G at a $5B valuation, along with $350M in debt, and says it has completed its $1B vLex acquisition (Josh Scott/BetaKit)

T

Canada-based CoLab, which makes collaboration software for manufacturers, raised a $72M Series C led by Intrepid Growth Partners (Lucinda Shen/Axios)

T

Majestic Labs, which makes patent-pending server architecture that promises 1,000x more memory capacity, raised $100M, including a $71M Series A led by Bow Wave (Jennifer Elias/CNBC)

T

Coinbase plans to launch a platform to let individual investors buy digital tokens before they are listed on its exchange, reviving 2017 and 2018's ICO craze (Vicky Ge Huang/Wall Street Journal)

T

Grab plans to invest $60M in remote driving service Vay and potentially increase it to $410M within a year if Vay hits certain milestones, set to close in Q4 (Olivia Poh/Bloomberg)

T

Scribe, which helps enterprises identify where AI and workflow automation investments will yield returns, raised a $75M Series C at a $1.3B post-money valuation (Jagmeet Singh/TechCrunch)

T

Gamma, which uses AI to help create presentations, social media posts, websites, and more, raised $68M at a $2.1B valuation and reports 600K+ paying subscribers (Niko Gallogly/New York Times)

T

Instacart reports Q3 revenue up 10% YoY to $939M, above est., orders up 14% YoY to 83.4M, above 82.9M est., GTV up 10% to $9.1B, and plans a $1.5B share buyback (Natalie Lung/Bloomberg)

T

Q&A with Palantir CEO Alex Karp on "the woke left and the woke right", patriotism, Russia's Ukraine war, Palantir's culture, Trump, democracy, Israel, and more (Steven Levy/Wired)

T