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Jefferies: Tether, which said it held 116 tons of gold in September, is "the largest holder of gold outside central banks", buying 26 tons in Q3 and 24 in Q2 (Bryce Elder/Financial Times)

Taiwanese prosecutors search Intel executive Wei-Jen Lo's homes days after TSMC alleged he leaked sensitive info, suggesting Taiwan is deepening its probe (Bloomberg)

OpenAI says a Mixpanel security incident on November 9 let a hacker access API account names and more, but not ChatGPT data, and it terminated its Mixpanel use (OpenAI)

Alibaba starts selling Quark S1, its first smart glasses powered by its Qwen AI models, for ~$537 in China, and plans to release international versions in 2026 (Bloomberg)

Six years after EU law enforcement raids shut down German cyberlocker Share-Online, a German court sentences its operator to a two-year suspended prison term (Ernesto Van der Sar/TorrentFreak)

An MIT study finds that AI can replace 11.7% of the US labor market, or ~$1.2T in wages, based on the "Iceberg Index", which measures job automation potential (MacKenzie Sigalos/CNBC)

Clover Security, whose AI agents plug into developer platforms like GitHub to predict and detect security flaws, raised $36M led by Notable Capital and Team8 (Sam Sabin/Axios)

South Korean crypto exchange Upbit suspended deposits and withdrawals after saying ~$30M worth of Solana tokens were moved to an unauthorized external wallet (Sidhartha Shukla/Bloomberg)

Tidalwave, whose AI agents automate mortgage docs checks and give real-time multilingual feedback to borrowers, raised a $22M Series A led by Permanent Capital (Fortune)

London-based AI video startup Synthesia says its ARR reached $100M by April 2025, after reporting 2024 revenue up 82% YoY to $58M and a pre-tax loss of $59M (Nicholas Fearn/Financial Times)

San Francisco Compute, which provides a marketplace for AI computing capacity, raised a $40M Series A led by DCVC and Wing Venture Capital at a $300M valuation (Yuliya Chernova/Wall Street Journal)

Sources: Alibaba and ByteDance are among the top Chinese companies training their latest LLMs in Southeast Asian data centers to access Nvidia's AI chips (Financial Times)

Point One Navigation, which develops precise location tech, raised a $35M Series C led by Khosla Ventures, a source says at a $230M post-money valuation (Kirsten Korosec/TechCrunch)

Coverbase, an AI procurement and risk platform provider, raised a $16.5M Series A led by Canapi Ventures, bringing its total funding to $20M (Mary Ann Azevedo/Crunchbase News)

AI legal compliance startup Norm Ai, which is launching an independent law firm offering "AI-native legal services", raised $50M from Blackstone (Norm Ai)

Sources: ServiceNow is in advanced talks to buy corporate data management and security startup Veza for $1B+ in a deal as early as next week (The Information)

Intel denies allegations in a TSMC lawsuit that VP Wei-Jen Lo likely leaked trade secrets after retiring from TSMC and joining Intel (Reuters)

Dell, HP, and other tech companies are warning of potential memory-chip supply shortages in the coming year due to demand from the buildout of AI infrastructure (Bloomberg)

The S&P downgrades the ability of Tether's USDT to maintain its US dollar peg to "weak", the lowest rating, citing exposure to high-risk assets such as bitcoin (Emily Nicolle/Bloomberg)

Sources: Jeff Bezos' Project Prometheus, which is building AI for manufacturing computers, cars, and spacecraft, has acquired agentic AI startup General Agents (Paresh Dave/Wired)

The EU Parliament backs a report that sets a 16+ age limit for accessing social media without parental consent and holds CEOs personally liable for violations (Eliza Gkritsi/Politico)

Italy's competition regulator says it is scrutinizing a Meta policy excluding rival AI chatbots from WhatsApp, broadening the scope of a probe started in July (Edith Hancock/Wall Street Journal)

In an October 7 letter, the Pentagon informed lawmakers that Alibaba, Baidu, and BYD should be added to a list of companies that aid the Chinese military (Anthony Capaccio/Bloomberg)

The House Homeland Security Committee asks Dario Amodei to testify at a December 17 hearing about how Chinese state actors used Claude Code for cyber-espionage (Sam Sabin/Axios)

EU states agree on a position on draft child protection legislation without forcing Big Tech to find and remove CSAM, and will now negotiate with EU lawmakers (Reuters)

The EU says its regulators asked Shein for documents on measures to prevent the exposure of minors to inappropriate content and the circulation of illegal items (Jenny Che/Bloomberg)

France says it plans legal complaints against AliExpress and Joom over the sales of childlike sex dolls; Temu, Wish, eBay, and more are also under investigation (Financial Times)

Sources: ByteDance is in talks to sell game studio Moonton, which it acquired for ~$4B in 2021, to Saudi Arabia-based Savvy Games; Moonton makes Mobile Legends (Bloomberg)

Sources: ByteDance bought more Nvidia chips than any other Chinese company in 2025, but Chinese regulators now block it from using the chips in new data centers (Qianer Liu/The Information)

Michael Saylor-led Strategy has fallen 50%+ in the past three months, as the "digital asset treasury" craze unravels in the face of a $1T cryptocurrency rout (Financial Times)

In recent months, RAM and SSD prices have surged due to a shortage of memory chips caused primarily by the ongoing AI boom; some RAM kits now cost 3x as much (Andrew Cunningham/Ars Technica)

A profile of Chen Tao, founder of Chinese AI circuit board company Victory Giant, which is up 530%+ in 2025 so far, giving Chen and his wife a $9.1B net worth (Bloomberg)

PitchBook: US AI and robotics VC deals are up over 4x since 2023 to $160B+ so far in 2025, while comparable China deals are just $10B+, up from $9.24B in 2023 (CNBC)

Didi reports Q3 revenue up 8.6% YoY to ~$8.28B, a ~$211M net profit, and international revenue up 35% YoY to ~$558M, with a ~$240M adjusted loss (Reuters)

Naver agrees to acquire Dunamu, which runs South Korea's biggest crypto exchange Upbit, in a $10.3B all-stock deal; Upbit has 80%+ market share in South Korea (Bloomberg)

Malaysia's Johor state, which has approved 51 data centre projects as of November, stops approvals for new low-tier data centers citing high water consumption (The Star)

Uber starts deploying fully driverless WeRide robotaxis in Abu Dhabi, after launching its robotaxi service with safety drivers in the UAE in December 2024 (Andrew J. Hawkins/The Verge)

Counterpoint: Apple is set to overtake Samsung as the world's largest smartphone maker for the first time since 2011, lifted by the success of iPhone 17 models (Vlad Savov/Bloomberg)

Japanese memory chipmaker Kioxia's stock falls 14%+ after a Bain Capital-backed entity sold $2.1B worth of shares at a discount, stoking AI valuation concerns (Bloomberg)

Q&A with Sportable co-founders Dugald Macdonald and Peter Husemeyer on their sensor-based sports tech that generates data for teams, leagues, and broadcasters (Samuel Agini/Financial Times)

Some food bloggers warn Google's AI Overviews and AI food pictures are burying their real, tested recipes, setting home cooks up for disaster this Thanksgiving (Bloomberg)

watchTowr: 80K+ sensitive credentials were found via publicly accessible "Recent Links" pages on online code formatting tools JSONFormatter and CodeBeautify (Bill Toulas/BleepingComputer)

Pony AI's Hong Kong-listed shares rose 6.7% after it said its Guangzhou operations had broken even per car, as it targets a 3,000+ global robotaxi fleet in 2026 (Linda Lew/Bloomberg)

Aggressive traders on Robinhood, whose stock has more than tripled in 2025, are central to the company's success, as critics liken the environment to a casino (Hannah Erin Lang/Wall Street Journal)

As Microsoft accelerates its AI buildout in rural Wisconsin, one community's vocal opposition led the company to withdraw plans for a proposed data center site (Jordan Novet/CNBC)

MIT and Hugging Face study: the share of downloads of Chinese-made open AI models rose to 17% in the past year, surpassing US developers' 15.8% share, a first (Melissa Heikkilä/Financial Times)

Charm.io: TikTok Shop reached $10B+ in US sales across 600K creators between January and October, up from $5B YoY; global sales are on par with eBay's (Emmett Lindner/New York Times)

Foxconn plans to spend another $569M through 2029 to expand its AI server manufacturing site in Mount Pleasant, Wisconsin, adding to $717M invested through 2024 (Joe Schulz/WPR)

Sources: a new network of super PACs plans to raise ~$50M to counter the Leading the Future super PAC and back candidates who prioritize AI regulations (Theodore Schleifer/New York Times)

Filing: OpenAI denies liability in a lawsuit alleging ChatGPT gave suicide method information to a 16-year-old who died by suicide, arguing he misused ChatGPT (Angela Yang/NBC News)