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Techmeme

Valve unveils a new Steam Machine, a cube-shaped gaming PC with SteamOS, a semi-custom AMD Zen 4 CPU and AMD RDNA 3 GPU, and 16GB of RAM, expected in early 2026 (Andrew E. Freedman/Tom's Hardware)

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An Apple-funded study about DMA finds developers didn't pass on App Store fee savings to EU users, keeping prices the same or increasing them on 91% of products (William Gallagher/AppleInsider)

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Apple launches Digital ID in Apple Wallet, letting iPhone and Apple Watch owners in the US carry a copy of their passport, which can be used at TSA checkpoints (Sarah Perez/TechCrunch)

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Ireland's media regulator launches its first formal investigation under the EU DSA, probing X for allegedly failing to remove illegal content reported by users (Bloomberg)

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Sources: the EU is preparing to probe Google over news publisher rankings in search over claims that Google demotes sites with "third party" promotional content (Barbara Moens/Financial Times)

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WisdomAI, which offers AI-driven data analytics that can answer business questions, including from "dirty" data, raised a $50M Series A led by Kleiner Perkins (Julie Bort/TechCrunch)

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Waymo becomes the first robotaxi provider to offer driverless rides on freeways, available 24/7 in San Francisco, Phoenix, and Los Angeles for users who opt in (Zoe Thomas/Bloomberg)

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Amazon Echo Show 8 ($180) and Echo Show 11 ($220) hands-on: better hardware and software, Alexa+ is an improvement, but no camera cover and ads are coming later (Jennifer Pattison Tuohy/The Verge)

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Filing: Synopsys plans to lay off ~10% of its staff, or ~2,000 employees, after completing its $35B acquisition of engineering design firm Ansys earlier in 2025 (Jaspreet Singh/Reuters)

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Anthropic plans to spend $50B on a US AI infrastructure buildout, starting with Texas and New York data centers in partnership with Fluidstack, opening in 2026 (MacKenzie Sigalos/CNBC)

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Circle reports Q3 revenue up 66% YoY to $739.8M, USDC in Circulation at quarter end up 108% YoY to $73.7B, and net income up 202% YoY to $214M; CRCL drops 5%+ (Reuters)

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Fei-Fei Li's World Labs debuts Marble, its first world model, which lets users turn prompts, photos, and other media into editable 3D environments, after a beta (Rebecca Bellan/TechCrunch)

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Airbnb says it will launch a three-month pilot on January 5 that lets guests order groceries via Instacart within its app in Phoenix, Orlando, and Los Angeles (Natalie Lung/Bloomberg)

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Indian investment app Groww raised ~$748M in its Indian IPO, closing up 29% and giving it a ~$9B market cap; Groww is the first Indian YC-backed startup to IPO (Jagmeet Singh/TechCrunch)

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Coinbase plans to move its incorporation from Delaware to Texas, saying Delaware "once provided companies with consistency" but now has "unpredictable outcomes" (Ari Levy/CNBC)

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Tel Aviv-based Sweet Security, which helps spot abnormal cloud infrastructure behavior, raised $75M led by Evolution Equity, taking its total funding to $120M (Marissa Newman/Bloomberg)

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Deezer-Ipsos survey of 9,000 music listeners in eight countries: 97% can't distinguish AI-generated music, 73% support clear labelling of AI tracks, and more (Jaspreet Singh/Reuters)

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Boston-based Teradar, which aims to launch a solid-state sensor for autonomous cars in 2028 that it says can outperform lidar and radar, raised a $150M Series B (Sean O'Kane/TechCrunch)

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An analysis of 47K publicly shared ChatGPT chats: ~10% were related to emotional support, ChatGPT's responses started with "yes" 10x more than "no", and more (Washington Post)

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Maryland-based autonomous military vehicle software startup Forterra raised $238M, including $50M in debt, led by Moore Strategic Ventures at a $1B+ valuation (Lizette Chapman/Bloomberg)

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Stockholm-based driverless truck startup Einride says it will go public in H1 2026 via a SPAC, valuing the company at $1.8B, and reports ~$43.3M in 2024 revenue (Paul Berger/Wall Street Journal)

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Michael Burry's warning that hyperscalers are underestimating AI chip depreciation shows that tech investors may have forgotten how much depreciation can hurt (Chris Bryant/Bloomberg)

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IBM unveils two quantum computers, Loon and Nighthawk, that it says feature unprecedented qubit connectivity designs aiming to enable error-free computations (Karmela Padavic-Callaghan/New Scientist)

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Amazon says it is rolling out a tougher approach to combat illegal sports streaming on Fire TV Stick devices, aiming to block apps that stream pirated content (Adam Leventhal/The Athletic)

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D-Matrix, which develops AI inference chips, raised $275M co-led by Bullhound, Triatomic, and Temasek at a $2B valuation, taking its total funding to $450M (Dina Bass/Bloomberg)

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Google files a lawsuit in the SDNY against China-based hackers who it says run the Lighthouse platform for "phishing services", ensnaring 1M and stealing $1B+ (Financial Times)

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JD.com says it had record sales during China's Singles' Day event, without giving transaction values, despite Chinese deflation; Alibaba hasn't released data (Jacob Gu/Bloomberg)

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German chipmaker Infineon reports Q4 revenue up 1% YoY to €3.94B, vs. €3.91B est., a €231M net profit, and expects 2026 sales growth as AI demand keeps booming (Mauro Orru/Wall Street Journal)

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Sources: software-focused PE firm Vista plans significant workforce cuts in the coming years as it uses AI to compile presentations, aggregate data, and more (Financial Times)

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Kraken co-CEO Arjun Sethi criticizes UK crypto promotion rules requiring clear risk warnings, saying they hinder retail investors by slowing fund movement (Nikou Asgari/Financial Times)

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Foxconn reports Q3 revenue of $66.3B, in line with est., net profit up 17% YoY to $1.86B, above $1.63B est., and expects Q4 results to "remain favorable" (CNBC)

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The UK proposes an amendment to the Crime and Policing Bill that would let "authorized testers" proactively assess AI models for their ability to generate CSAM (BBC)

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Menulog, acquired by Just Eat in 2015, plans to shut down in Australia on November 26, leaving Uber Eats and DoorDash as the country's main food delivery apps (Tegan Jones/SmartCompany)

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South Korea's KT launches a sovereign cloud for Korean enterprises built on Azure, with encrypted in-memory computing and strict local data governance (Jie Ye-eun/The Korea Herald)

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Sources: the Chinese government is intervening in how SMIC allocates its chip output, prioritizing Huawei amid US export restrictions on advanced chips (Wall Street Journal)

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Australia's spy chief Mike Burgess says Chinese state hackers probed telecom networks and critical infrastructure; Australia lost $8B+ in 2024 to espionage (Kirsty Needham/Reuters)

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The UK proposes laws to protect public services from cyberattacks, including regulating companies providing services to private and public sector organizations (Catarina Demony/Reuters)

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Sony unveils a cheaper, Japan-only PlayStation 5 Digital Edition for ~$350, a ~25% discount, following a similar move by Nintendo with the Switch 2 (Financial Times)

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Google unveils new features for Pixel phones, including AI-powered notification summaries, notification prioritization, and AI photo edits in Messages (Ivan Mehta/TechCrunch)

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SoFi launches SoFi Crypto, saying it is the first nationally chartered bank in the US to offer crypto trading to consumers, rolling out in phases (James Hunt/The Block)

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China says the December 2020 theft of 127,272 bitcoin, now worth ~$13B, from Chinese mining pool LuBian is likely a "state-level hacker operation" led by the US (Bloomberg)

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CoreWeave closed down 16% after CEO Mike Intrator admitted delays at a data center developer that Jim Cramer implied may be Core Scientific; CORZ fell 10%+ (Ashley Capoot/CNBC)

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Threads adds new features for podcasters, as it tries to become the de facto place for people to talk about shows and engage with creators (Sarah Perez/TechCrunch)

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Coinbase confirms that it has called off acquisition talks with stablecoin infra startup BVNK; reports previously put the acquisition price around $2B (Ben Weiss/Fortune)

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Google unveils Private AI Compute, a cloud platform providing a "secure, fortified space" to run AI tools on devices, similar to Apple's Private Cloud Compute (Robert Hart/The Verge)

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AMD CEO Lisa Su says AMD's annual revenue growth will average more than 35% and AI data center revenue growth will average 80% over the next three to five years (Ian King/Bloomberg)

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ElevenLabs launches Iconic Voice Marketplace for licensing AI versions of famous voices, including Michael Caine's; Matthew McConaughey invests in the company (Todd Spangler/Variety)

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Sony says PlayStation 5 has sold a total of 84.2M units since launch, including 3.9M units sold in Q2, up from 3.8M a year ago (Steve Dent/Engadget)

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Google rolls out Nano Banana image editing upgrades in Photos, including a "help me edit" feature that lets users make edits using text or voice prompts (Elyse Betters Picaro/ZDNET)

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Amazon says ads on Prime Video reach 315M viewers across its series and films, live sports and events, and free, ad-supported live channels (Dade Hayes/Deadline)

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