| 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| 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 — With the mercenary spyware industry booming, Apple VP Ivan Krstić tells WIRED that the company is also offering bonuses … | 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 — The fund-raising round comes as online prediction marketplaces gain mainstream prominence. — Online prediction markets have jumped … | Lora Kolodny / CNBC: |
Leaked audio: Apple nears a deal to acquihire computer vision startup Prompt AI; it was approached by other potential suitors, including xAI and Neuralink — Apple is in late-stage talks to acquire top talent from computer vision startup Prompt AI, as well as the company's technology, CNBC has learned.| 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 … | 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 … | SemiAnalysis: |
SemiAnalysis launches InferenceMAX, an open-source benchmark that automatically tracks LLM inference performance across AI models and frameworks every night — NVIDIA GB200 NVL72, AMD MI355X, Throughput Token per GPU, Latency Tok/s/user, Perf per Dollar, Cost per Million Tokens … | 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 … | Shashank Pathak / Entrackr: |
Google plans to invest $10B to build a new 1GW data center cluster near Visakhapatnam in Andhra Pradesh, India, with operations expected to begin by July 2028 — The project will include three campuses — Google is planning a massive push in India by investing $10 billion to build … | 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” — Hollywood producer Robert Simonds leads the deal, subject to Israeli and U.S. regulatory review.| Prakhar Srivastava / Reuters: |
Filing: corporate travel and expense management software maker Navan plans to raise up to $960M in a US IPO and is targeting a valuation of up to $6.45B — Corporate travel and expense company Navan said on Friday it was targeting to raise as much as $960 million in its initial public offering in the United States.| 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.| 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 — Big Tech company becomes the first to be designated with special status under strict new digital laws| 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 — Select games will be streamed live in Apple Immersive — When you purchase through links on our site, we may earn an affiliate commission.| David Morris / Bloomberg: |
Quantum computing company IonQ raises $2B by selling 21.5M shares and pre-funded warrants to Heights Capital at $93 each, a 20% premium over October 9's close — Quantum computing operator IonQ Inc. raised $2 billion in a sale of shares and pre-funded warrants to an affiliate … | Samantha Subin / CNBC: |
Campus, which is building an online alternative to community colleges, hires former Meta VP of AI Jerome Pesenti as its CTO, and acquires his company Sizzle AI — Campus, a college startup backed by Sam Altman, has hired Meta's former AI Vice President Jerome Pesenti as its technology head, the company announced Friday.| Blake Brittain / Reuters: |
A US federal jury finds that Samsung owes Collision Communications nearly $445.5M in damages for infringing on patents related to 4G, 5G, and Wi-Fi standards — A federal jury in Marshall, Texas found on Friday that Samsung Electronics (005930.KS) owes patent owner Collision Communications … | Ivan Mehta / TechCrunch: |
Prezent, which offers enterprises an AI-powered presentation builder, raised $30M at a $400M valuation to make acquisitions, taking its total funding to $74M+ — Prezent, a startup that offers an AI-powered presentation builder to enterprises, said today that it has raised $30 million …
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