Techmeme: Dealroom: US VCs provided 65% of VC money for European defense startups in 2024, up from 18% in 2023, for $458M total YTD, or 3x+ more than in any prior year (Sylvia Pfeifer/Financial Times)

Top News

Mark Gurman / Bloomberg:

Sources: Apple aims to debut iOS 18.1 and Apple Intelligence on October 28 and unveil a new iPad mini and Macs in late October; some could ship from November 1 — Apple is inching away from its annual product upgrade cycle, a move that could lead to more frequent releases and fewer jarring delays.

More: MacRumors, Business Standard, Tech Advisor, 9to5Mac, HotHardware, Macworld, CNBC, 9to5Mac, MobileSyrup, TechSpot, Engadget, Pocket-lint, TweakTown, Digital Trends, 9to5Mac, MakeUseOf, BGR, AppleInsider, The Shortcut, Android Headlines, Business Today, nextpit, T3, Laptop Mag, Financial Express, Tom's Guide, TechRadar, Tabletmonkeys, RM Update News, Hindustan Times, Livemint, MySmartPrice, Neowin, The Indian Express, Appleosophy, Mashable, Lowyat.NET, Android Authority, Moneycontrol, Wccftech, Phandroid, The Mac Observer, KnowTechie, PCMag, Cult of Mac, MacDailyNews, NewsBytes, PhoneArena, The Apple Post, Forbes, Thurrott, 9to5Toys, The Verge, iClarified, and iPhone in Canada Blog

Mastodon: @chockenberry@mastodon.social and @djlink@mastodon.gamedev.place

X: @markgurman, @markgurman, @emollick, @emollick, @theapplehub, @betaprofiles, and @markgurman

Forums: r/hardware, r/technology, r/apple, r/ios, and MacRumors Forums

Greg Stohr / Bloomberg:

SCOTUS rejects X's appeal over Special Counsel Jack Smith's secret DOJ search warrant for records related to Donald Trump's account and upholds a $350K fine — The US Supreme Court turned away an appeal by Elon Musk's X Corp., steering clear of a clash over a secret Justice Department search warrant …

More: disruptionist, CBS News, Associated Press, USA Today, Daily Caller News Foundation, CNN, and The Hill

Philip Heijmans / Bloomberg:

UN report: cyber crime syndicates raked in as much as $37B in 2023 and are growing in Myanmar, Cambodia, Laos, and across Southeast Asia despite police efforts — - Operations are becoming more professionalized with use of AI — Casinos, hotels and SEZs being used by cyber crime groups

More: Reuters, PYMNTS.com, Business Today, PCMag, WinBuzzer, PhoneArena, and Tech in Asia

Frederic Lardinois / TechCrunch:

An interview with AWS CEO Matt Garman on generative AI, AWS' AI chatbot Q, shutting down services, investing in open source, open sourcing projects, and more — It was quite a surprise when Adam Selipsky stepped down as the CEO of Amazon's AWS cloud computing unit.

More: Watcher Guru, TechRadar, and Benzinga. LinkedIn: Frederic Lardinois

John Foley / Financial Times:

Among US companies founded in the past 20 years, only Meta and Uber have become “scale insurgent”, with $10B in annual revenue and $1B of operating cash flow — More companies are reaching the $1bn valuation milestone, but growing from horned foal to winged steed is getting tougher

More: Crunchbase News. X: @jessefelder and @natalieben

Max Tani / Semafor:

Substack, which still isn't profitable but has added 1M+ paid subscribers over the past year, is trying to become a primary way creators of all mediums get paid — The News — Seven years since its launch, the newsletter platform Substack has consolidated its dominance of the independent news business.

More: Feed Me and Business Insider

Bluesky: @plutopsyche.nicomaramckay.com. X: @semaforben, @semafor, and @emily_sundberg. LinkedIn: Jason Whittaker

Reuters:

Samsung says it is not interested in spinning off its contract chip manufacturing business; sources say it has struggled to win big orders to fill chip capacity — Samsung Electronics (005930.KS) is not interested in spinning off its contract chip manufacturing business …

More: Neowin, WinBuzzer, and SamMobile

Forums: r/Android and r/hardware

Stu Woo / Wall Street Journal:

How Malaysia's Johor went from a backwater to having one of the world's biggest AI data center construction projects, with an estimated ~$3.8B invested in 2024 — Blackstone and TikTok's parent are among those investing in data centers in Malaysia's Johor, known for palm-oil plantations

Olesia Safronova / Bloomberg:

Ukraine says the country's hackers carried out a cyberattack that took down the online broadcasts of 20+ Russian broadcasters on Vladimir Putin's 72nd birthday — - Russian state media reported ‘unprecedented’ cyberattack — Disruption coincided with Russian president's 72nd birthday

More: The Record, Security Affairs, Reuters, HuffPost, GB News, and Interfax-Ukraine

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