Techmeme
October 29, 2025, 7:25 AM

Top News

Rocket Drew / The Information:
Memo: California's AG says OpenAI's restructuring has “no impact” on other cases, likely referring to Elon Musk's lawsuit against OpenAI over its restructuring  —  A memo from California's attorney general suggested that Elon Musk's federal lawsuit against OpenAI will be unaffected …
Bloomberg:
Nvidia plans to invest $1B in Nokia for a 2.9% stake and announces a partnership to integrate Nvidia tech into Nokia's network products; NOK closed up 22.8%  —  Nvidia Corp. is taking a $1 billion equity stake in Nokia Oyj and plans to supply the telecom company with artificial-intelligence powered computers for wireless networks.
Natalie Lung / Bloomberg:
Uber plans a fleet of 100,000 autonomous vehicles powered by Nvidia's new Drive AGX Hyperion 10, starting in 2027  —  Uber Technologies Inc. will begin expanding a fleet of 100,000 autonomous vehicles powered by Nvidia Corp. technology starting in 2027, an ambitious move that could help bring …
Wall Street Journal:
Bloomberg:
After Nvidia GTC, Jensen Huang says “I don't believe we're in an AI bubble” and that Nvidia expects to sell 20M Blackwell chips, up from 4M Hopper chips  —  Nvidia Corp. Chief Executive Officer Jensen Huang announced a flurry of new partnerships and dismissed concerns about an AI bubble …
Maggie Eastland / Bloomberg:
Wall Street Journal:
Kif Leswing / CNBC:
Jason Schreier / Bloomberg:
Internal memo: Amazon makes “significant role reductions” to its game division and will cut down on big budget titles, as it focuses on Luna and casual games  —  Tech giant will reduce game development work and eliminate jobs  —  Amazon.com Inc. is gutting its video-game division …
Bloomberg:
Joanna Stern / Wall Street Journal:
A look at 1X's $20K Neo humanoid housekeeper robot, controlled remotely by a human with a VR headset, available now for preorder, with delivery expected in 2026  —  1X's Neo wants to be your housekeeper.  First, it needs to be controlled by a human in your home.  Cool with you?
Dylan Butts / CNBC:
SK Hynix reports Q3 revenue up 39% YoY to $17.02B, below $17.22B est., and operating profit up 62% YoY to a record $7.92B, boosted by demand for its HBM chips  —  South Korea's SK Hynix on Wednesday posted record quarterly revenue and profit, boosted by a strong demand for its high bandwidth memory used in generative AI chipsets.
Mark Gurman / Bloomberg:
Sources: Apple is testing new versions of the MacBook Air, iPad mini, and iPad Air with OLED screens; the iPad mini will likely arrive first, as early as 2026  —  Apple Inc. is preparing major changes to its MacBook Air, iPad mini and iPad Air lines, with a plan to give the popular devices higher-end displays.
Adobe Newsroom:
A survey of 16K+ creators in eight countries: 86% use creative GenAI tools, 60% use multiple, 48% use them for ideation, and 52% for creating video and more  —  - 76 percent of creators say creative generative AI has helped grow their business and personal brand
David Gewirtz / ZDNET:
Jennifer Maas / Variety:
EA reports Q2 net bookings down 13% YoY to $1.82B, below $1.88B est., and says it will no longer issue forward-looking financial guidance due to its $55B sale  —  Along with the issuing of the financial details Tuesday, the maker of “Madden NFL,” “Battlefield,” “The Sims” and “Apex Legends” …
Politico:
French lawmakers vote to raise France's digital services tax on US tech giants to 6%, up from 3%; the French government opposes the move, fearing US retaliation  —  PARIS — French lawmakers are moving ahead with plans to double a tax on big tech firms — backing away from a more aggressive push amid fears …
Dominic Preston / The Verge:
Oppo launches the €999 Find X9 and €1,299 Find X9 Pro in the UK and the EU with 7,025mAh and 7,500mAh silicon-carbon batteries and MediaTek Dimensity 9500 chips  —  The two new Oppo phones bring some of the biggest batteries around. … Oppo has announced the international launch …
Emma Roth / The Verge:
YouTube will age-restrict more video game content showing “graphic violence” and stop creators from directing users to gambling sites involving digital goods  —  YouTube will age-gate ‘an additional small subset’ of violent content, even if it's from a video game.
Corporate Europe Observatory:
Big Tech's EU lobbying hit €151M in 2025, up from €113M in 2023 and €97M in 2021; between January and June 2025, Big Tech had 146 meetings with EU officials  —  The EU's digital rulebook is under unprecedented pressure from the Trump administration and a homegrown deregulation wave.

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Reuters:
Vicky Ge Huang / Wall Street Journal:
Financial Times: