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MediaTek's stock posted its best week since 2002, up 22%, amid enthusiasm over Google's Gemini 3 and chip deals; MediaTek was reported as Google's TPU partner (Sangmi Cha/Bloomberg)

Meituan reports Q3 revenue up 2% to $13.4B and a $2.3B adjusted net loss, worse than $1.9B est., its first loss since 2022, amid a price war with JD and Alibaba (Luz Ding/Bloomberg)

Gravis Robotics, which adds cameras, sensors, and AI to heavyweight construction machines so they can operate autonomously, raised $23M led by IQ and Zacua (Beatrice Nolan/Fortune)

Global futures markets were disrupted for several hours on Friday after CME Group suffered an outage due to a cooling failure at a CyrusOne data center (Reuters)

The EC says it got notification from Apple that Apple Ads and Apple Maps likely meet DMA thresholds; Apple says the services should not be called "gatekeepers" (Reuters)

Stanford researchers develop a web-based tool that uses an LLM to downrank X posts with antagonistic language in a user's feed, to reduce "partisan animosity" (Stanford University)

Getty CEO Craig Peters says Getty may rethink its UK presence if the CMA blocks its Shutterstock deal, arguing the CMA is overlooking AI's impact on imaging (Daniel Thomas/Financial Times)

Nexperia warns customers face impending production halts and urges its Chinese unit to reengage, says it hadn't got "any meaningful response" despite outreach (Sarah Jacob/Bloomberg)

Australia passes a law requiring global streamers with 1M+ Australian subscribers to spend 10% of their local outlay or 7.5% of revenue on Australian originals (Jesse Whittock/Deadline)

OpenAI's data center partners are set to rack up nearly $100B in debt; sources say banks may lend another $38B to Oracle and Vantage to build more OpenAI sites (Financial Times)

China's top economic planning agency warns about the risk of a bubble forming in the booming humanoid robotics industry; 150+ manufacturers operate in China (Bloomberg)

Sources: South Korean authorities suspect North Korean hacking group Lazarus of the $30M+ Upbit hack, which used methods resembling those of a 2019 Upbit theft (Kang Yoon-seung/Yonhap News Agency)

Sources: Vietnam's recent Huawei and ZTE 5G equipment deals bolster its ties with China following US tariffs, but could undermine US trust in Vietnam's networks (Francesco Guarascio/Reuters)

How Motorola, which spun out its struggling smartphone business in 2011, successfully refocused on critical communication equipment, giving it a $60B market cap (Ryan Gould/Bloomberg)

Tim Sweeney says it "makes no sense" for stores like Steam to label games that are made using AI, since AI "will be involved in nearly all future production" (Alex Forbes-Calvin/GamesIndustry.biz)

Germany-based Quantum Systems, which sells surveillance drones that are being used by Ukraine, raised €180M, tripling its valuation to €3B since May (Christina Kyriasoglou/Bloomberg)

Sources detail how Anduril's fast-moving approach with its defense tech led to setbacks; Ukraine stopped using Anduril's Altius drones in 2024 due to problems (Wall Street Journal)

The USPTO issues new guidelines clarifying that generative AI is considered a tool that assists human inventors and cannot itself be considered an inventor (Blake Brittain/Reuters)

EU lawmakers agree on new rules that hold platforms like Meta and TikTok liable for financial scams that have been reported, requiring them to compensate banks (Politico)

The UK proposes a "no gain, no loss" tax rule for crypto lending and liquidity pools in DeFi, deferring capital gains tax until a true economic disposal occurs (CoinDesk)

Analysis: since 2023, data center power demands have delayed 15 coal plants' retirements; the Trump administration has ordered two power plants to remain open (Ariel Wittenberg/Politico)

A profile of "Rey", the admin of cybercriminal group Scattered LAPSUS$ Hunters, a 15-year-old from Amman, Jordan, who cooperated with European police since June (Brian Krebs/Krebs on Security)

Reliance, Brookfield, and Digital Realty's joint venture Digital Connexion plans to invest $11B by 2030 to build a 1 GW data center in India's Visakhapatnam (Sanjai P R/Bloomberg)

EU antitrust chief Teresa Ribera accuses the US of using "blackmail" to strong-arm the EU into watering down its tech rulebook during trade negotiations (Politico)

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)