Techmeme
October 27, 2025, 9:50 AM

Top News

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
Will McCurdy / PCMag:
X plans to retire the Twitter.com domain, prompting users to re-enroll their security keys for 2FA, and will lock accounts that are not updated by November 10  —  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.
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 …
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  —  Company's disclosures on its OpenAI stake are scant.  That is no longer tenable.  —  How long can Microsoft expect investors …
Molly Schuetz / Bloomberg:
The US DOJ's rigged-poker-game indictment involved hacking DeckMate, a casino-standard, suitcase-sized, $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.
Angel Au-Yeung / Wall Street Journal:
Sources: AI contractor marketplace Mercor is finalizing $350M in funding led by Felicis at a $10B valuation; founded in 2023, Mercor manages 30K contractors  —  Founded in 2023 by three college dropouts, Mercor recruits humans to train chatbots, a new industry gold mine
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  —  Business software groups warn that top AI models are increasingly being used to create ultra-realistic fake receipts
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  —  The United States and China are ready to move forward on a TikTok deal, according to Treasury Secretary Scott Bessent.
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  —  - JPYC Inc. said today it launched the country's first legally recognized yen-backed stablecoin.

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Kat Tenbarge / Wired:

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New York Times: