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Techmeme
October 11, 2025, 6:15 AM
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Top News

Dan Mangan / CNBC:
President Trump says that the US will impose an extra 100% tariff on imports from China and “Export Controls on any and all critical software” from November 1  —  - CNBC Councils  — CNBC on Peacock  — Join the CNBC Panel  — Supply Chain Values  — Ad Choices
Sam Reynolds / CoinDesk:
Crypto markets crashed after Trump threatened an extra 100% tariff on China, triggering $19.1B+ in liquidations, 10x+ the liquidations during the FTX crash  —  Trump's 100% tariff warning on China ignited a global sell-off that wiped out $16 billion in leveraged crypto longs and pushed Ethena's USDe to a rare sub-$1 print.
Sarah Perez / TechCrunch:
Google adds a Chrome feature that automatically disables browser notifications from websites users haven't interacted with recently, on Android and desktop  —  Google's Chrome web browser is about to become much less noisy.  —  On Friday, the technology giant announced a new feature …
Reuters:
Ten major banks including Bank of America, Deutsche Bank, and UBS announce an early-stage project to explore issuing stablecoins pegged to G7 currencies  —  - Group includes US, UK, Swiss, Japanese, Canadian lenders  — Banks seeking to find their way as stablecoin demand grows
Sharon Goldman / Fortune:
Nathan Calvin, general counsel of AI safety nonprofit Encode, says OpenAI used intimidation tactics to undermine California's SB 53 while it was being debated  —  Nathan Calvin, the 29-year-old general counsel of Encode—a small AI policy nonprofit with just three full-time employees …
Heather Knight / New York Times:
Marc Benioff says President Trump is “doing a great job” and believes National Guard troops should be deployed to San Francisco to help reduce crime in the city  —  Mr. Benioff, the Salesforce C.E.O. and owner of Time magazine, once supported Hillary Clinton and a business tax for homeless services.
Hugh Son / CNBC:
Sources: Morgan Stanley told its financial advisors it will broaden access to crypto investments to all clients and allow such investments in any account type  —  Morgan Stanley on Friday told its financial advisors that the firm was broadening access to crypto investments to all clients …
Jagmeet Singh / TechCrunch:
NPCI, which runs India's UPI, partners with OpenAI and digital payment company Razorpay on a pilot to let consumers shop and pay directly through ChatGPT  —  India has kicked off a pilot to let consumers shop and pay directly through AI chatbots, with OpenAI's ChatGPT leading the rollout …
Matthias Bastian / The Decoder:
Google says it hit a milestone of 1.3 quadrillion monthly tokens processed across its services this summer, up from 980T monthly tokens announced in July  —  Google says it now processes more than 1.3 quadrillion tokens every month with its AI models.  But this headline number mostly reflects …

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From Mediagazer

Jennifer Maas / Variety:
Disney reports Q3 revenue up 7% YoY to $25.2B, below $25.4B est., adjusted EPS of $2.06, above $1.85 est., and entertainment revenue up 6% to $11.3B

Jazz Monroe / Pitchfork:
Sources: nearly all staff at music outlets BrooklynVegan, Alternative Press, Revolver, and Goldmine appear to have been laid off by Veeps, owned by Live Nation

Etan Vlessing / The Hollywood Reporter:
FuboTV reports Q3 revenue up 38% YoY to $1.48B, a $25.7M net loss, vs. a $38M loss a year earlier, and North American subscribers up 2% to 5.75M; FUBO jumps 12%

More News

SemiAnalysis:
SemiAnalysis launches InferenceMAX, an open-source benchmark that automatically tracks LLM inference performance across AI models and frameworks every night
Jacob Krol / TechRadar:
The LA Lakers will livestream select 2025-26 season games in the Apple Immersive format in the NBA app and the upcoming Spectrum SportsNet app on the Vision Pro
Omer Kabir / CTech:
A group of US investors led by Hollywood producer Robert Simonds agrees to acquire Israel-based spyware developer NSO Group for “tens of millions of dollars”

Earlier Picks

Michael J. de la Merced / New York Times:
Kalshi raised a $300M+ Series D at a $5B valuation, expands to 140+ countries, and is on track for $50B in annualized trading volume, up from ~$300M in 2024
Oma Seddiq / Bloomberg:
The Senate passes a measure requiring Nvidia and AMD to prioritize US customers over China for advanced AI chip sales, as part of its annual defense policy bill
Lily Hay Newman / Wired:
Apple announces a “major evolution” of the Apple Security Bounty program, doubling its top award to $2M for exploit chains that could be abused for spyware
Financial Times:
The UK CMA designates Google with “strategic market status” in search and ads, but excludes Gemini; Google has warned such oversight could slow product launches
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