| Wall Street Journal: |
Sources: EA is nearing a deal to go private in a leveraged buyout valuing EA at ~$50B; investors include Silver Lake and Saudi Arabia's PIF; EA closes up 14.87% — Investors including Silver Lake eyeing deal that would likely be the largest leveraged buyout ever| Dylan Butts / CNBC: |
China and its media are quiet about the TikTok deal, a notable silence as China can still decide the app's fate; Chinese social media chatter has been limited — Following U.S. President Donald Trump's approval of a deal that could keep TikTok alive in the U.S. on Thursday … | Bloomberg: |
The Trump administration's $14B valuation of TikTok's US business falls well below previous estimates of around $40B, considered a bargain by investors — The $14 billion valuation that the Trump administration has estimated for TikTok's US business falls well below projections … | Bloomberg: |
Sources: ByteDance may get ~50% of TikTok US' overall profit, including a licensing fee of 20% of revenue, despite selling majority ownership to US investors — TikTok's Chinese parent company will likely get about half of the profit from the platform's US operation even after it sells majority ownership … | Mark Gurman / Bloomberg: |
Sources: Apple has developed an internal ChatGPT-like iPhone app, code-named Veritas, to help test and prepare for a major Siri overhaul next year — Apple Inc. has developed a ChatGPT-like iPhone app to help test and prepare for a long-anticipated overhaul of Siri coming next year, according to people familiar with the matter.| MacKenzie Sigalos / CNBC: |
Anthropic plans to triple its global workforce and expand its applied AI team 5x in 2025, after growing its business clients from ~1K to 300K+ in two years — Anthropic is stepping up its global enterprise ambitions. — The $183 billion artificial intelligence startup has grown … | Amrith Ramkumar / Wall Street Journal: |
Sources: Trump administration is considering requiring chipmakers to produce as many chips in the US as they import, with tariffs on those who fail to comply — Administration wants domestic manufacturing to match imports and would impose tariffs on those companies that don't step up production| Bloomberg: |
Meta plans to launch paid, ad-free versions of Instagram and Facebook in the UK, each costing £2.99 per month on the web, and £3.99 on iOS and Android — Meta Platforms Inc. will soon offer paid versions of Facebook and Instagram in the UK that will remove advertising from both platforms.| Alex Heath / The Verge: |
Andrew Bosworth says Meta is working on humanoid robots, internally called “Metabot”, as its next “AR size bet”, envisions licensing software to robot makers — During a recent trip to Meta HQ, I took the opportunity to ask CTO Andrew Bosworth about its new robotics effort.| Jay Peters / The Verge: |
YouTube is testing AI hosts, who will share stories and trivia about the music users are listening to, in the YouTube Music app through its new Labs program — The hosts will share stories and trivia about the music you're listening to. … YouTube is adding AI hosts to radio and mixes … | Josh Eidelson / Bloomberg: |
Leaked letter: NLRB drops claims against Tim Cook, including that he violated workers' rights with a 2021 email threatening staffers who leak confidential info — The US labor board has abandoned its allegations that Apple Inc. Chief Executive Officer Tim Cook violated federal labor law … | Bloomberg: |
Sources: Kraken is in advanced talks to raise $200M to $300M from a strategic investor at a valuation of ~$20B, after recently raising $500M at a $15B valuation — Kraken is in advanced talks to raise new funding that could value the crypto exchange at about $20 billion … | Kate Whannel / BBC: |
The UK unveils plans for a digital ID, which will be required to work in the country, to combat illegal immigration; the ID will be stored on people's phones — Digital ID will be mandatory in order to work in the UK, as part of plans to tackle illegal migration.| Sean Hollister / The Verge: |
Microsoft and Asus open preorders for the first Xbox handhelds, the ROG Xbox Ally for $599 and the ROG Xbox Ally X for $999 in the US, shipping October 16 — Xbox Ally X and Xbox Ally go on sale with PC-like prices, with preorders starting today. … Today, Microsoft and Asus … | Joice Alves / Reuters: |
A look at the use of tools like ChatGPT by retail investors to pick stocks, fueling a robo-advisory market boom, as experts warn of solely relying on AI — - Robo-advisory market projected to grow 600% by 2029 — Half of retail investors open to using AI tools, survey finds| Vicky Ge Huang / Wall Street Journal: |
Sources: US regulators examined 200+ companies about sharp share-price gains in the lead-up to their announcements about making buying crypto a core strategy — SEC, Finra reach out to companies whose shares moved sharply before they announced plans to buy bitcoin, other digital assets| Sean Hollister / The Verge: |
A US court rules that the DOD can classify DJI as a “Chinese Military Company”, finds that there is enough evidence that DJI is supported by Chinese government — DJI loses its lawsuit against the US government. … Last October, dronemaker DJI sued the US Department of Defense … | The Guardian: |
UK-based Kido nursery chain was hacked by a ransomware gang called Radiant, which posted profiles of 10 children online and threatens to release more data — Criminals calling themselves Radiant say they will post additional private data online unless they are paid| Kathleen Steele Gaivin / McKnight's Senior Living: |
Inspiren, which provides AI-powered fall detection and other tech for senior living facilities, raised a $100M Series B, bringing its total funding to $155M — Inspiren has raised $100 million in Series B funding, the healthcare technology company announced today.
ElevenAgents by ElevenLabs — You know us for voice. Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency. Hear it for yourself.
5G's most deployed platform — Powering live networks with built-in Inference across Core and RAN. That's the power of Intel Inside®
App Spotlight: 360 SMS for Zoho CRM — App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools. Visit Zoho Marketplace to explore all of our apps, integrations …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Michael Nuñez / Venturebeat: |
| Jacob Judah / MIT Technology Review: |
| Elissa Welle / The Verge: |
| Frederic Lardinois / The New Stack: |
| Eleanor Olcott / Financial Times: |
| Sergiu Gatlan / BleepingComputer: |
| Jennifer Maas / Variety: |
| Juby Babu / Reuters: |
| Hayden Field / The Verge: |