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Techmeme
November 1, 2025, 3:30 AM
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Top News

Bloomberg:
Brian Armstrong ended Coinbase's Q3 earnings call by saying certain words that Kalshi and Polymarket users had wagered would be mentioned during the call  —  When Coinbase Global Inc.'s quarterly earnings call wrapped up Thursday, its chief executive, Brian Armstrong, didn't finish with profit guidance or statements of confidence.
Carmen Arroyo / Bloomberg:
Tech companies, including Meta and xAI, are using SPVs to raise tens of billions for AI data centers, letting them keep the debt off their balance sheets  —  Just this month, Meta Platforms Inc. has secured about $60 billion in capital to build data centers, part of its spending to get ahead in the artificial intelligence race.
Meghan Bobrowsky / Wall Street Journal:
In their latest earnings reports, Meta, Alphabet, Microsoft, and Amazon have announced plans to increase their AI spending in 2026 to a combined $400B  —  Meta, Alphabet, Microsoft and Amazon will increase spending in 2026; ‘Are we in a bubble?’  —  Silicon Valley's biggest companies …
Sarah Perez / TechCrunch:
Bluesky says it has hit 40M users and plans to launch “dislikes” in beta to tailor content rankings and reply rankings  —  Social network Bluesky, which on Friday announced a new milestone of 40 million users, will soon start testing “dislikes” as a way to improve personalization on its main Discover feed and others.
Paula Doenecke / Bloomberg:
Vista Equity Partners buys a majority stake in Nexthink, which uses AI to let businesses track employees' device and app performance, valuing Nexthink at $3B  —  Vista Equity Partners snapped up a majority stake in Nexthink SA, valuing the Swiss-American software company at $3 billion, the firm said in a statement.
Matt Rosoff / The Register:
Microsoft's Q1 earnings, showing that it had a $3.1B net loss from its OpenAI stake, imply OpenAI lost $11.5B during the quarter based on Microsoft's 27% stake  —  Satya has also delivered Sam most of the cash he promised  —  Microsoft reported earnings for the quarter ended Sept. 30 …
RT Watson / The Block:
Tether reports that it has generated profits of over $10B during the first three quarters of 2025 and it has issued an additional $17B in USDT during Q3  —  - The world's largest stablecoin issuer reported that it has generated profits of over $10 billion during the first three quarters of this year.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:30 AM ET, November 1, 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

CNN:
Haberman-Swan book: Trump wanted to make Fox News “beg” for a presidential interview, he almost settled for $3M with ABC instead of $16M, and more

Andrew Cohen / InvestmentNews:
Robinhood plans to shutter the Sherwood News site in favor of newsletters and the Robinhood app; at least three reporters were cut in company layoffs this week

Erik Hayden / The Hollywood Reporter:
A report by LA officials estimates that the Paramount-WBD deal places about 2.5K jobs in LA and 6K jobs globally at risk due to duplicative roles

More News

Chris Metinko / Axios:
New York-based Kaizen, which provides a commerce platform for government agencies to offer services like utility billing, raised a $21M Series A led by NEA

Earlier Picks

Emma Roth / The Verge:
Perplexity launches a free AI-powered patent research tool in beta to let users search for patents using natural language queries
Kritika Lamba / Reuters:
Getty and Perplexity sign a multi-year licensing agreement to let the AI startup display Getty's images across its search and discovery tools
Claudie Moreau / Euractiv:
Denmark says it will withdraw the EU “Chat Control” proposal, which would force tech companies to scan messages for CSAM, and instead support voluntary scanning
Patrick Coffee / Wall Street Journal:
Google releases its first AI-generated ad, promoting Search's AI mode, but chooses not to include a label disclosing it was made with Veo 3 and other tools
Todd Bishop / GeekWire:
Amazon reports a $9.5B pre-tax gain from its investment in Anthropic, which was included in the company's non-operating income for Q3
Olga Kharif / Bloomberg:
Coinbase reports Q3 revenue up 55% YoY to $1.9B, vs. $1.8B est., net income up 473% to $433M, and trading volume up 59% to $295B
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