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October 27, 2025, 4:10 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 …
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
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.
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 …
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.
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 …
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  —  The rigged-poker-game indictment unveiled on Thursday reads like a Hollywood heist film, featuring NBA stars and famous Mafia crime families.
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
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:10 PM ET, October 27, 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

Ashley Capoot / CNBC:
Disney and OpenAI sign a three-year deal to bring 200+ Disney characters to Sora; Disney will make a $1B investment in OpenAI and become a major OpenAI customer

Peter Kafka / Business Insider:
The value of WBD's cable networks including CNN is a key number for Netflix and Paramount bidders; Ellison says they're worth ~$2.5B, while analysts say ~$10B

Max Tani / Semafor:
Sources: WaPo's top standards editor decried “frustrating” errors in its new AI-generated personalized podcasts, announced this week for users of its mobile app

More News

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
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
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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