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Tue Oct 28
TikTok Shop expands into luxury retail, offering items such as Hermes' $11,000 handbags, primarily sold by secondhand resellers using AI to verify authenticity (Alexandra S. Levine/Bloomberg)
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Japanese chipmaker Rapidus plans to start building a second plant in Hokkaido in fiscal 2027, aiming to make advanced 1.4nm chips as early as 2029 (Nikkei Asia)
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Klarna launches KlarnaUSD, its first stablecoin, running on Stripe and Paradigm's Tempo blockchain, aiming to "reduce costs" in international payments (Pritam Biswas/Reuters)
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China is aggressively deploying AI and robotics to maintain its status as the world's manufacturing hub, and major companies are pioneering AI "dark factories" (Brian Spegele/Wall Street Journal)
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A look at how tech executives use "delay, deny, and deflect" when pressed on user safety and what it means for journalism, as shame loses power over public life (Casey Newton/Platformer)
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X's location tool shows revenue sharing incentivizes US political content from international sock puppet and bot accounts, making polarization a side hustle (Jason Koebler/404 Media)
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South Korea, the EU, the UK, Saudi Arabia, the UAE, and others aim to build "sovereign AI"; Gartner expects $1.5T in AI spending in 2025, up 50% from 2024 (Jiyoung Sohn/Wall Street Journal)
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X exposing political accounts' location shows why trust and safety teams mattered: to combat coordinated inauthentic behavior, not "censorship" of viewpoints (Mike Masnick/Techdirt)
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Alibaba reports Q2 revenue up 5% YoY to ~$35B, vs. ~$34.5B est., Chinese e-commerce revenue up 16% YoY, and net income down to ~$3B, as it boosts cloud spending (Luz Ding/Bloomberg)
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TSMC sues former VP Lo Wen-jen, who left to join Intel, alleging a high likelihood that he leaked secrets to Intel after a two-decade career at TSMC (Debby Wu/Bloomberg)
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Polish antitrust office UOKiK is probing whether Apple's ATT limits third-party data collection in mobile ads while giving Apple's own ads service an advantage (Anna Wlodarczak-Semczuk/Reuters)
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A look at NY's RAISE Act, requiring AI companies to publish safety protocols and disclose serious incidents, as its co-sponsor is targeted by a pro-AI super PAC (Ashley Capoot/CNBC)
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A job listing shows Google is developing a new Android-based "Aluminium OS" that is "built with AI at the core", potentially as a ChromeOS replacement for PCs (Mishaal Rahman/Android Authority)
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India's November 21 labor law grants legal status to millions of gig workers, but their benefits are unclear and access to social security remains elusive (Jagmeet Singh/TechCrunch)
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Internal memo: Amazon asks engineers to use its in-house AI coding assistant Kiro over third-party tools like Cursor, aiming to gather feedback for improvement (Greg Bensinger/Reuters)
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Google is starting to bridge OpenAI's product moat, like with Gemini's "dynamic view" option, which converts a text answer into an interactive, visual output (M.G. Siegler/Spyglass)
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Character.ai is cutting off access to ongoing chats for users under 18 over mental-health concerns, after adding a two-hour daily limit on October 29 (Georgia Wells/Wall Street Journal)
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Investors have pulled $3.5B from US-listed bitcoin ETFs so far in November, almost equaling the previous monthly record for outflows of $3.6B set in February (Bloomberg)
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How Meta's financing structure for its $27B Louisiana data center, which helps it keep debt off its books, hinges on some convenient accounting assumptions (Jonathan Weil/Wall Street Journal)
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Trump signs an EO establishing the Genesis Mission to boost AI innovation, including by using federal scientific datasets to train models and create AI agents (David Shepardson/Reuters)
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Pro-AI super PAC Leading the Future launches a $10M media campaign to push Congress to craft a national AI policy that will override a patchwork of state laws (CNBC)
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The US DOJ settles its case against RealPage, which it accused of building algorithms that allowed landlords to illegally collude to drive up rental prices (Thomas Barrabi/New York Post)
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Nvidia refuted accounting questions in a memo to analysts, saying "Unlike Enron, Nvidia does not use Special Purpose Entities to hide debt and inflate revenue" (Tae Kim/Barron's Online)
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Sources: Spotify plans to raise US subscription prices in Q1 2026, its first US price rise since July 2024, after increasing prices in other countries this year (Anna Nicolaou/Financial Times)
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Sources: Google begins pitching customers, including Meta and big financial institutions, on using its TPUs in their data centers; Meta could spend billions (The Information)
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Trump orders wide-ranging "Genesis Mission" to boost AI research (Axios)
4d
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Sources: Italian police raided two Amazon sites on Monday as part of a growing investigation into alleged customs and tax fraud involving Chinese imports (Emilio Parodi/Reuters)
4d
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A US judge issues a temporary restraining order blocking OpenAI from using the word "cameo" for Sora features, following a trademark lawsuit by video app Cameo (Jaures Yip/CNBC)
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Zoom reports Q3 revenue up 4.4% YoY to $1.23B, vs. $1.21B est., enterprise revenue up 6.1% YoY to $741.4M, and a Q4 revenue forecast above estimates (Brody Ford/Bloomberg)
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Sources: Paris-based Pennylane, which makes accounting software, is discussing a $200M investment led by TCV at a $4.25B valuation, up from €2B in April (Yazhou Sun/Bloomberg)
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Anthropic says Opus 4.5 outscored all humans on a take-home exam it gives to prospective performance engineering candidates, within a prescribed two-hour limit (Michael Nuñez/VentureBeat)
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Anthropic prices Claude Opus 4.5 at $5/1M input and $25/1M output tokens, much cheaper than Opus 4.1 at $15/$75 but still pricier than GPT-5.1 and Gemini 3 Pro (Simon Willison/Simon Willison's Weblog)
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Anthropic says Claude Opus 4.5 is "harder to trick with prompt injection than any other frontier model in the industry" but isn't "immune" to such attacks (Hayden Field/The Verge)
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Anthropic unveils two Claude Code upgrades: a new plan mode that creates more precise plans, and support for Claude Code in the Claude desktop app (Frederic Lardinois/The New Stack)
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Sources: Apple cut dozens of sales roles to streamline sales to businesses, schools, and governments; Apple says the changes affect "a small number of roles" (Mark Gurman/Bloomberg)
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Anthropic says the Claude app can now keep a chat going indefinitely, automatically summarizing earlier context when it hits its context window limit (Russell Brandom/TechCrunch)
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How the US' annualized 1.6% GDP growth in H1 was heavily dependent on AI-related investments, which might have accounted for as much as 50% of the growth (Konrad Putzier/Wall Street Journal)
4d
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Anthropic launches Claude Opus 4.5, which the company says is "the best model in the world for coding, agents, and computer use" (Anthropic)
4d
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Grindr ends talks on a $3.46B take-private deal by shareholders Ray Zage and James Lu, who own 60%+ of Grindr, citing uncertainty over the deal's financing (Kritika Lamba/Reuters)
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Microsoft unveils Fara-7B, its first agentic SLM designed for computer use, available as an experimental release on Hugging Face and Microsoft Foundry (Ben Dickson/VentureBeat)
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The US DOD and the intelligence community awarded Enabled Intelligence a seven-year, up to $708M data labeling contract in September, beating out Scale AI (Katrina Manson/Bloomberg)
4d
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OpenAI unveils a free shopping research feature in ChatGPT that delivers a personalized buyer's guide, powered by a custom version of GPT-5 mini (Sabrina Ortiz/ZDNET)
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Sources: Shopify salespeople engaged in a sales fraud scheme inflating deal values for over a year, leading to internal investigations in mid-2024 and firings (Aleksandra Sagan/The Logic)
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Dutch online grocery store Picnic raised €430M from The Bill and Melinda Gates Foundation Trust and others, after raising €355M in January 2024 (John Reynolds/Tech.eu)
4d
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AWS announces a commitment to invest up to $50B to build AI and HPC infrastructure for the US government, starting in 2026 and adding nearly 1.3 GW of capacity (Eric Revell/Fox Business)
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Sam Altman and Jony Ive say they have settled on a design for OpenAI's device, speaking to Laurene Powell Jobs; Ive says it could debut in "less than" two years (Stevie Bonifield/The Verge)
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Amazon begins previewing its Amazon Leo satellite internet system for a select group of customers, ahead of a wider public rollout planned for 2026 (Loren Grush/Bloomberg)
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Amazon unveils its Autonomous Threat Analysis system, born from a 2024 internal hackathon, to use AI agents competing in teams to identify vulnerabilities (Lily Hay Newman/Wired)
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NYC-based Opti, an enterprise identity security service that uses AI to analyze user, system, and access relationships, raised a $20M seed led by YL Ventures (Chris Metinko/Axios)
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Revolut reaches a $75B valuation in its latest share sale led by Coatue, Greenoaks, and others, up from $45B in 2024, making it Europe's most valuable startup (Jennifer Surane/Bloomberg)
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