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October 11, 2025, 12:35 PM
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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 …
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.
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 …
Mike Isaac / New York Times:
How TBPN's daily livestream became the preferred news show of tech insiders, as it taps into the “who's up, who's down” part of Silicon Valley culture  —  Inside a film studio lot in Hollywood on a Tuesday morning in August, Jordi Hays, a 29-year-old entrepreneur, ran into the frame of a live shot, waving a giant red flag.
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

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From Mediagazer

Lucas Manfredi / The Wrap:
Paramount reports Q4 revenue up 2% YoY to $8.15B, a net loss of $573M, and DTC revenue up 10% YoY to $2.213B; Paramount+ subscribers rise 4% YoY to 78.9M

Corbin Bolies / The Wrap:
At Semafor's media summit, FCC Chairman Brendan Carr said too much of the national news media is “drastically out of touch with where the American people are”

Matthew Keys / TheDesk.net:
Nexstar lays off on-air staffers at LA's KTLA and New York's WPIX, after similar cuts at WGN in Chicago, as the company pursues a merger with Tegna

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
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
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

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
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
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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