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October 16, 2025, 9:40 AM
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WeSmirchTop News
| Ryan S. Gladwin / Decrypt: |
Paxos says it “mistakenly minted” $300T of PayPal's PYUSD stablecoin on October 15 on the Ethereum blockchain and then “burned” the tokens 20+ minutes later — Crypto industry observers were baffled Wednesday afternoon when an on-chain transaction showed that Paxos …
More: Web3 is Going Just Great, CNBC, Engadget, Bitcoin Insider, CoinGeek, Bloomberg, The Crypto Basic, The Crypto Times, CoinDesk, BeInCrypto, The Daily Hodl, Cryptonews, Blockchain.News, The Block, Blockonomi, Cointelegraph, and Blockchain.News
X: @paxos, @omeragoldberg, @zerohedge, @molly0xfff, @ruidiaox, @yannickcrypto, @pixonchain, @yueqi_yang, @_whitneywebb, @ryansadams, @suhailkakar, @cryptokaleo, @pierresamaties, @cobb_xrpl, @martypartymusic, @naruto11eth, @jeremyybtc, @yazanxbt, @presidenthodl, @arkham, @koeppelmann, @thecryptocpa, @evan_ss6, @sorenthek, @zerohedge, @shotguncaio, @dubdublin, @whosknave, @silvermanjacob, @nassyweazy, and @knveth
Bluesky: @emilprotalinski, @folletto, @prietschka, and @molly.wiki. Mastodon: @datum@zeroes.ca. Forums: r/Buttcoin
| Mark Gurman / Bloomberg: |
Sources: Apple executive Ke Yang, who was appointed just weeks ago as the head of the AKI team developing AI-driven web search for Siri, is leaving for Meta — The Apple Inc. executive leading an effort to develop AI-driven web search is stepping down, marking the latest in a string …
More: MacRumors, Spyglass, Implicator.ai, NDTV Profit, Neowin, iClarified, Cult of Mac, Moneycontrol, Digit, Silicon UK, Livemint, Axios, Reuters, iPhone in Canada, AppleInsider, 9to5Mac, and Reuters
X: @stephenrobles, @chatgpt21, @tbpn, @markgurman, @zerohedge, @kantrowitz, @tbpn, @zachweinberg, @parkerortolani, @patrickmoorhead, @jbulltard1, and @provisionalidea. Mastodon: @markgurman@mastodon.social
Forums: r/apple and MacRumors Forums
| Bloomberg: |
Sources: F5 blames its breach on state-backed hackers from China who used the Brickstorm malware to infiltrate its network for 12+ months and steal source code — A potentially “catastrophic” breach of a major US-based cybersecurity provider has been blamed on state-backed hackers from China …
More: Metacurity, Silicon Republic, CISA, and PC Gamer
X: @uk_daniel_card, @ryanaraine, @mrbcyber, @uk_daniel_card, @vxunderground, and @mattjay. LinkedIn: Margi Murphy
| Bill Toulas / BleepingComputer: |
More: CISA, National Cyber Security Centre, BleepingComputer, Nextgov/FCW, CyberScoop, Infosecurity, ITPro, TechRadar, Security Boulevard, SiliconANGLE, and CSO
LinkedIn: Sean Letona, Sagar Sethi, and Robert Morgan
Forums: Hacker News and r/cybersecurity
| The Keyword: |
Google releases Cell2Sentence-Scale 27B (C2S-Scale), a 27B-parameter foundation model for single-cell analysis built on its Gemma family of open models — We're launching a new 27 billion parameter foundation model for single-cell analysis built on the Gemma family of open models.
More: Decrypt, The Hindu, BGR, bioRxiv, Neowin, and WinBuzzer
X: @sundarpichai, @iterintellectus, @david_van_dijk, @google, @deredleritt3r, @osanseviero, @aiims1742, @googleaidevs, @david_van_dijk, @deryatr_, @googleresearch, @bryan_johnson, @kate_rouch, @kimmonismus, @bowang87, @sundarpichai, @azizishekoofeh, @dr_singularity, @ymatias, @clementdelangue, @patloeber, @andrewmayne, and @parikpatelcfa. LinkedIn: Michael Galkin
Bluesky: @timkellogg.me and @gusthema
Forums: Hacker News, r/ChatGPT, r/LocalLLaMA, r/programare, r/OpenAI, r/accelerate, and r/singularity
| Debby Wu / Bloomberg: |
TSMC reports Q3 net profit up 39% YoY to ~$14.8B, above est., and raises its 2025 revenue growth projection to the mid-30% range, citing “very strong” AI demand — Taiwan Semiconductor Manufacturing Co. hiked its projection for 2025 revenue growth for the second time this year … | Dominic Preston / The Verge: |
Honor teases the Robot Phone, featuring an AI-enabled, gimbal-mounted camera that unfolds from the phone's rear and can shoot photos and video in any direction — But we'll have to wait until next year to find out more. … Honor has announced what it's calling the “Robot Phone … | Dominic Preston / The Verge: |
| Russell Brandom / TechCrunch: |
Anthropic releases Claude Haiku 4.5, claiming it offers similar levels of coding performance to Sonnet 4 at “one-third the cost and more than twice the speed” — On Wednesday, Anthropic released Claude Haiku 4.5, the newest version of its smallest model, billed as offering similar performance …
More: VentureBeat, Silicon Republic, Anthropic, WinBuzzer, The GitHub Blog, Tom's Guide, Implicator.ai, The Decoder, The Verge, Every, BGR, Inc, Mashable, CNET, and CNBC
X: @_catwu, @kimmonismus, @jaredpalmer, @jaredpalmer, @mattpocockuk, @scaling01, @alexfinnx, @jackclarksf, @swyx, @scaling01, @adocomplete, @scaling01, @augmentcode, @giansegato, @claudeai, @claudeai, @bindureddy, @sammcallister, @github, @mikeyk, @danshipper, @alexalbert__, and @claudeai. Forums: r/claudexplorers
| Anthropic: |
More: Phandroid, Simon Willison's Weblog, TechRadar, Ars Technica, TestingCatalog, and The New Stack
X: @justinsunyt, @trycua, and @brada
Forums: Hacker News, r/ChatGPTCoding, r/ClaudeAI, and r/singularity
| Nikkei Asia: |
Sources: Microsoft aims to produce most new products, including servers and Surface laptops, outside China from 2026; AWS is also adopting a similar strategy — TAIPEI — Microsoft aims to produce the majority of its new products outside of China as early as next year …
More: The Verge, Tom's Hardware, The Information, Neowin, WinBuzzer, Tech in Asia, and Sherwood News
| Tom Warren / The Verge: |
Microsoft launches new Windows features to help weave AI into regular Windows 11 PCs, including rolling out a “Hey, Copilot!” wake word and Copilot Vision — Microsoft is rewriting Windows to turn computers into AI PCs that you talk to. … As Microsoft bids farewell to Windows 10 …
More: Windows Experience Blog, PCMag, T3, Windows Central, GeekWire, Tom's Hardware, Gizmodo, Reuters, ZDNET, PCWorld, Engadget, Tom's Guide, Bloomberg, Wired, Fast Company, TechRadar, Petri IT Knowledgebase, and Digital Trends. Bluesky: @tomwarren.co.uk
| Emily Nicolle / Bloomberg: |
Kraken acquires US-licensed futures exchange Small Exchange from IG Group, for $32.5M in cash and $67.5M in Kraken parent company's Payward stock, before an IPO — Kraken has acquired a US-licensed futures exchange from IG Group as the crypto heavyweight seeks to broaden the range of products it can offer directly to US customers.| Timmy Shen / The Block: |
Better Payment Network, a BNB Chain-based cross-border stablecoin payment company, raised a $50M seed led by YZi Labs, the VC formerly known as Binance Labs — - Better Payment Network, a stablecoin payment company, said it has secured a $50 million seed round led by YZi Labs, formerly known as Binance Labs.
More: bpn.finance, YZi Labs Blog, Coinpedia Fintech News, Cryptonews, and crypto.news
| Alex Weprin / The Hollywood Reporter: |
An interview with YouTube CEO Neal Mohan on YouTube as the future of TV, paying out $100B+ to its creators, partnering with the NFL, scripted content, and more — In two decades, the app has grown from a user-generated circus into the most powerful platform on earth.
LinkedIn: Alex Weprin. Bluesky: @crackedlemonade. Forums: r/entertainment, r/television, and r/cordcutters
| Financial Times: |
Analysis: ten loss-making AI startups, including OpenAI, gained ~$1T in valuation over the past year, fueling concerns of an inflating bubble in private markets — Unprecedented funding leads 10 groups including OpenAI and Elon Musk's xAI to gain almost $1tn in value in past year| Matt Burgess / Wired: |
How facial recognition software rejects people with facial differences, who number an estimated 100M+ worldwide, blocking them from accessing essential services — An estimated 100 million people live with facial differences. As face recognition tech becomes widespread … | Financial Times: |
Investigation: the Trump family's crypto empire has reaped over $1B in pre-tax profits over the past year; Eric Trump says the true figure is “probably more” — The president and his family have built a rapidly growing digital assets empire which has been fuelled by the administration's industry-friendly policies
More: Cointelegraph, Fortune, Watcher Guru, Blockchain.News, Cryptonews, CoinGape, and crypto.news
| Wall Street Journal: |
The White House says representatives from Microsoft, Meta, Google, and other corporate donors to the $250M ballroom attended a dinner with President Trump — Dinner set to include representatives from Lockheed Martin, Microsoft, Meta, Google, Amazon.com and Palantir
More: Benzinga, Washington Examiner, CBS News, New York Times, Washington Post, Wall Street Journal, CNN, and Washington Times
X: @dave_brown24, @xjonnyc, @themainewonk, @rwpusa, @geoffbrown82, @garyruskin, @seungminkim, @ewarren, @ces921, @dave_brown24, and @jason_kint. Bluesky: @chrisinparis
| Deena Mousa / MIT Technology Review: |
How AI-powered tools like PainChek, an app that scans a person's face for tiny muscle movements, are helping healthcare providers better assess patients' pain — For years at Orchard Care Homes, a 23‑facility dementia-care chain in northern England, Cheryl Baird watched nurses fill …
X: @deenamousa, @deenamousa, @deenamousa, @deenamousa, and @deenamousa
Bluesky: @folletto and @hypervisible.blacksky.app
| Ashley Capoot / CNBC: |
Sam Altman says OpenAI is “not the elected moral police of the world” after receiving backlash for saying ChatGPT will allow “erotica for verified adults” — OpenAI CEO Sam Altman said Wednesday that the company is “not the elected moral police of the world” …
More: The Hans India, The Atlantic, Business Insider, Phandroid, Tech in Asia, Tom's Guide, Moneycontrol, USA Today, BMI, NBC Bay Area, NDTV Profit, Benzinga, CNET, and Implicator.ai
X: @sama, @shiringhaffary, @mathan_soma, @thurrott, @jasminewsun, @thezvi, and @sama
Forums: r/slatestarcodex, r/NewsOfTheWeird, r/NewsOfTheStupid, and r/privacy
| Joe Rossignol / MacRumors: |
Apple doesn't include a charger in the box with the new M5 MacBook Pro in European countries, making users pay extra; the company cites local regulations — The new 14-inch MacBook Pro with an M5 chip does not include a charger in the box in European countries, including the U.K., Ireland …
More: 9to5Mac, Inc, iPhone in Canada, Stuff, WinBuzzer, Digit, AppleInsider, Wccftech, Mashable, iClarified, and 9to5Mac
X: @markgurman, @krzyzanowskim, @melqtx, @appleinsider, @ilyamiskov, @evowizz, @_architected, @luftkopptim, @jacobkinge, @markgurman, @josesaezmerino, @film_girl, @fabionobile_, @snazzylabs, @film_girl, @solisvogel, @batuhan, @ilyamiskov, @luciascarlet, and @jeromedavies1. Bluesky: @seanhodgdon.com
Forums: r/applesucks, r/technology, r/macbookpro, r/mac, r/apple, Slashdot, and MacRumors Forums
| Dave Lee / Bloomberg: |
David Sacks says Anthropic is running a “regulatory capture strategy based on fear-mongering”, responding to Anthropic co-founder Jack Clark's post on AI policy — On Tuesday, White House AI “czar” and venture capitalist David Sacks intensified a frustration that has been building for months.
More: Fortune, Gizmodo, and Axios
X: @davidsacks, @jackclarksf, @jackclarksf, @thezvi, @jackclarksf, @basedbeffjezos, @dareasmunhoz, @davidsacks, @deryatr_, @rabois, @sriramk, @s_oheigeartaigh, @hamandcheese, @doodlestein, @plzbepatient, @humanharlan, @jason, @shaughnessy119, @shakeelhashim, @silvermanjacob, @deanwball, @tszzl, @daniel_mac8, @rabois, @dissenter_hi, @s_oheigeartaigh, @idrawcharts, @s_oheigeartaigh, @luke_metro, @robinhanson, @austinc3301, @bscholl, @jonst0kes, @shakeelhashim, @s_oheigeartaigh, @davidsacks, @buccocapital, @sundeep, @pmarca, @jackclarksf, @ericnewcomer, @scott_wiener, @chamath, and @rabois. LinkedIn: Dave Lee
| Martin Coulter / Sifted: |
London-based Jack & Jill, which develops conversational AI agents to streamline hiring, raised a $20M seed led by Creandum to expand into Europe and the US — The London-based AI agents startup was founded just six months ago — London-based AI startup Jack & Jill …
More: Tech.eu, TechCrunch, BusinessCloud, Business Insider, and Tech Funding News. LinkedIn: Matthew Wilson
| Bloomberg: |
Sources: a ransomware attack is disrupting US state and local borrowers' ability to post debt documents on the $4.3T municipal bond market's MuniOS platform — A ransomware attack is disrupting state and local borrowers' ability to post debt documents on the $4.3 trillion municipal-bond market's main distribution platform.
LinkedIn: Erin Hudson
| Dylan Butts / CNBC: |
The US FCC announces proceedings to potentially bar Hong Kong telecom HKT and its subsidiaries from accessing domestic US networks, citing its ties to China — Regulators in the U.S. have moved to block one of Hong Kong's largest telecommunications companies from accessing domestic networks, citing national security concerns.
More: Federal Communications Commission, Bloomberg, and Reuters
| Jagmeet Singh / TechCrunch: |
Liberate, which builds AI agents to automate insurance operations, raised a $50M Series B led by Battery Ventures at a $300M post-money valuation — Liberate, an AI startup automating insurance operations, has raised $50 million in a round led by Battery Ventures as it looks to scale … | Natalie Lung / Bloomberg: |
Uber plans to launch data labelling tasks in the US for some drivers to earn extra money, appearing under “digital tasks” in the driver app, later this fall — Uber Technologies Inc. is giving some drivers in the US the option to earn money by completing tasks related … | CNBC: |
The EU's aim to triple AI data center capacity over the next five to seven years sparks water scarcity concerns, especially in water-stressed Southern Europe — Europe's ambitious artificial intelligence strategy is at risk of colliding with an often overlooked but critically important environmental issue: water scarcity.| Yasutaka Tamura / Bloomberg: |
Japanese chip material maker Tekscend rose 13% on its Tokyo debut after raising $1B in its IPO; Tekscend makes photomasks to transfer tiny circuits onto wafers — Tekscend Photomask Corp. shares gained 13% in their debut on the Tokyo Stock Exchange Thursday after the maker …
More: Reuters
| @openai: |
OpenAI says all Sora 2 users can now generate videos up to 15 seconds on the app and web, while Pro users can generate videos up to 25 seconds on the web — 2 Sora 2 updates: - Storyboards are now available on web to Pro users - All users can now generate videos up to 15 seconds on app and web, Pro users up to 25 seconds on web [video]
More: PCMag, TechRadar, Digital Trends, and The Economic Times
Forums: r/accelerate and r/singularity
| Steven J. Horowitz / Variety: |
Spotify partners with Sony Music Group, WMG, UMG, Merlin, and Believe to develop “responsible” AI products and is building a generative AI research lab — In a significant step towards interfacing with AI and its impact on the music industry, Spotify has partnered … | Amelia Isaacs / Pathfounders: |
Stockholm-based Encube, which uses AI to automate manufacturability analysis during hardware design, emerges from stealth and raised $23M from Kinnevik and more — As Europe seeks to regain its industrial edge, the AI-powered platform is reimagining how products are tested and built before they even reach the factory floor
More: Tech.eu, ArcticStartup, Tech Funding News, and Silicon Canals
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