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Techmeme
October 11, 2025, 11:55 AM
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Top News

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.
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
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 …
Edward Ludlow / Bloomberg:
Analysis: in 2025, tech companies have raised about $157B in the US bond markets, up 70% from last year, as debt seeps into every corner of the AI economy  —  Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg's journalists around the world.
Jeanny Yu / Bloomberg:
An index of Chinese chip stocks is outperforming global peers, surging 50% since the end of June, amid rising investor caution about soaring valuations  —  China's chip stocks have staged a world-beating rally in the past few months on the nation's self-sufficiency push …
Billy Perrigo / Time:
A look at Figure AI's new robot, Figure 03, which the company claims will be its first mass-producible humanoid capable of domestic chores and industrial labor  —  A dozen or so young men and women, eyes obscured by VR headsets, shuffle around a faux kitchen inside a tech company's Silicon Valley headquarters.
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
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.
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.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:55 AM ET, October 11, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Alex Weprin / The Hollywood Reporter:
Filing: Byron Allen sold his 10.7% Starz stake over August and September, netting a bit less than $45M; he acquired it from Steve Mnuchin's Liberty 77 for $25M

Wall Street Journal:
MGM Resorts says talks with People Incorporated are over, after each weighed buying the other; MGM amended its voting deal with People, which owns ~27% of MGM

Reuters:
Independent Russian newspaper Novaya Gazeta plans to shut down after 30+ years, following pressure from Russian authorities and the persecution of its reporters

More News

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
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
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

Earlier Picks

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
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
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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