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October 27, 2025, 4:55 PM
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Top News

Greg Bensinger / Reuters:
Sources: Amazon plans to lay off ~10% of corporate staff, or ~30,000 people, its largest layoffs since 2022, to reduce costs and address pandemic overhiring  —  Amazon (AMZN.O) is planning to cut as many as 30,000 corporate jobs beginning Tuesday, as the company works to pare expenses …
Kif Leswing / CNBC:
Qualcomm unveils two AI inference chips, the AI200, set for 2026, and the AI250, planned for 2027, and says Humain is the first customer; QCOM jumps 12%+  —  Qualcomm announced Monday that it will release new artificial intelligence accelerator chips, marking new competition for Nvidia …
Jez Corden / Windows Central:
Sources: Microsoft's next Xbox will run Windows, letting users play PlayStation titles on Steam and the full Xbox console library, without a multiplayer paywall  —  The new Xbox platform is said to be a “premium” experience, and now we have some details on what it'll look like.
Sneha Kumar / Reuters:
Australia sues Microsoft for allegedly misleading ~2.7M Microsoft 365 users into accepting a price hike for Copilot plans while hiding cheaper non-AI options  —  - Microsoft 365 personal plan price increased by 45%  — Cheaper ‘classic’ plan only revealed during cancellation process
Reuters:
The US forms a $1B partnership with AMD to construct two supercomputers, Lux and Discovery, accelerating research in fusion energy, drug development, and more  —  - Supercomputers to help harness fusion energy, treat cancer  — Lux supercomputer to come online in six months
Marcus Mendes / 9to5Mac:
Meta launches “ghost posts” on Threads, letting users share “unfiltered thoughts” in posts that disappear after 24 hours; replies will appear as a DM  —  Threads is rolling out ghost posts, which get automatically archived after 24 hours.  Here's how it works.
Dion Lim / CEO Dinner Insights:
The current AI investment boom will spark a “wildfire” that wipes out some companies, yet bolsters and enables others by unlocking GPUs, energy, and talent  —  AI won't crash—it will burn.  Like every tech cycle, the fire will clear the brush, redistribute talent, and leave infrastructure to power what comes next.
Kai Wu / Sparkline Capital:
The AI buildout, surpassing railroads and the internet, moves Big Tech from being asset-light to asset-heavy, which has historically produced inferior returns
OpenAI:
OpenAI estimates that around 0.07% of ChatGPT users active in a week show “severe mental health symptoms” like mania, and details its safety improvements  —  We worked with more than 170 mental health experts to help ChatGPT more reliably recognize signs of distress, respond with care …
MiniMax:
China's MiniMax releases MiniMax M2, an open-source model optimized for AI agents and coding and priced at $0.30/1M input tokens and $1.20/1M output tokens  —  From Day 1 of our founding, we have been committed to the vision of “Intelligence with Everyone.”
Webb Wright / ZDNET:
Anthropic expands Claude for Financial Services with a beta Claude for Excel integration, additional data connectors, and new pre-built Agent Skills  —  ZDNET's key takeaways  — Anthropic's Claude chatbot just got a suite of finance updates.  — Claude can draft financial reports, access new data, and more.
Anna Irrera / Bloomberg:
IBM launches Digital Asset Haven, a digital assets platform built with crypto wallet provider Dfns for financial institutions, governments, and companies  —  International Business Machines Corp. is launching a digital assets platform to allow financial institutions, governments and companies …
Lien Hoang / Nikkei Asia:
In Vietnam, 65 countries sign a UN cybercrime treaty to share data and extradite suspects, despite tech companies' and activists' privacy and security concerns  —  HO CHI MINH CITY — Under a new United Nations treaty, 65 countries have agreed to fight cybercrime, including by sharing data …
Emily Mason / Bloomberg:
Citigroup and Coinbase say they are exploring on-chain stablecoin payments and simpler crypto-fiat transfers for Citi's institutional clients  —  Citigroup Inc. and Coinbase Global Inc. are teaming up to provide expanded digital-asset payment capabilities to the bank's corporate clients …
Will McCurdy / PCMag:
X prompts users to re-enroll their security keys for 2FA, and will lock accounts that are not updated by Nov. 10, allowing it to retire the Twitter.com domain  —  If you're using a hardware security key as your two-factor authentication (2FA) method on X, you'll need to re-enroll by Nov. 10 or your account will be locked.

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This is a Techmeme archive page. It shows how the site appeared at 4:55 PM ET, October 27, 2025.

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From Mediagazer

New York Times:
WBD says the Ellisons have “consistently misled” shareholders, including claiming Paramount's proposal had a “full backstop” but it “does not, and never has”

Ivan Mehta / TechCrunch:
Meta is testing limiting Facebook professional accounts and Pages to posting just two links per month, unless they subscribe to $14.99+/month Meta Verified

Associated Press:
A US federal judge denied Sarah Palin's bid for a new libel trial against the NYT and rejected her motion for his recusal, after a jury found no libel in April

More News

Jonathan Weil / Wall Street Journal:
Microsoft's disclosures on its OpenAI stake are scant, including putting OpenAI-related losses into a $4.7B “other, net” expense line in the FY ended June 30
Molly Schuetz / Bloomberg:
The US DOJ says an NBA poker scandal unveiled on Thursday involved hacking DeckMate, a casino-standard $10K+ card shuffling machine, to reveal players' hands
Timmy Shen / The Block:
Japanese fintech JPYC launches a yen-pegged stablecoin, the country's first, and its issuance platform JPYC EX, targeting $65.4B in circulation in three years

Earlier Picks

Kat Tenbarge / Wired:
Real estate agents are using AI tools like AutoReel to replace videographers and stagers, cutting costs but generating distorted or misleading property images
New York Times:
A look at Cal State's plans to become an “AI-empowered” university via partnerships with Amazon and a $16.9M deal to provide ChatGPT Edu to students and staff
Cristina Criddle / Financial Times:
Employees are increasingly using AI to create ultra-realistic fake expense receipts; AppZen and others attribute the rise to advances in image generation models
Anthony Ha / TechCrunch:
US Treasury Secretary Scott Bessent says Trump and Xi will “consummate” a TikTok deal on October 30 in South Korea, confirming a final US-China deal on the sale
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