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November 5, 2025, 10:01 PM
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Mark Gurman / Bloomberg:
Sources: Apple plans to pay Google about $1B per year for a 1.2T-parameter Gemini model to help power the new Siri, which is on track for next spring  —  Apple Inc. is planning to pay about $1 billion a year for an ultrapowerful 1.2 trillion parameter artificial intelligence model developed …
Annie Palmer / CNBC:
Sens. Mark Warner and Josh Hawley introduce a bipartisan bill that would require companies and US agencies to submit quarterly reports on AI-related job impacts  —  A new bipartisan bill seeks to provide a “clear picture” of how artificial intelligence is affecting the American workforce.
Berber Jin / Wall Street Journal:
OpenAI CFO Sarah Friar says an “IPO is not on the cards right now”, and that OpenAI hopes the US government might backstop the financing of data center deals  —  Sarah Friar says the AI giant could reach break-even quickly and would like government backstop on data-center investments
Bloomberg:
Snap announces a deal to distribute Perplexity's search engine to Snapchat users; Perplexity will pay Snap $400M through a combination of cash and equity  —  Snap Inc. shares surged more than 25% in extended trading after the company announced a $400 million partnership with Perplexity AI Inc …
Jonathan Vanian / CNBC:
Snap reports Q3 revenue up 10% YoY to $1.51B vs. $1.49B est., DAUs up 8% to 477M vs. 476M est., and announces a $500M share buyback; SNAP jumps 23%+ after hours
Ari Levy / CNBC:
Qualcomm reports Q4 revenue up 10% to $11.27B, vs. $10.79B est., handsets revenue up 14% to $6.96B, and forecasts Q1 revenue above estimates  —  Qualcomm reported fiscal fourth-quarter results on Wednesday that beat analyst estimates on the top and bottom lines.
Abner Li / 9to5Google:
Google says Maps will get Gemini instead of Assistant on Android and iOS, offering a “hands-free, conversational driving experience”, in the “coming weeks”  —  In Google Maps, Gemini already exists in place listings, and it's now coming to the navigation experience on Android and iOS.
Nikou Asgari / Financial Times:
Crypto company Ripple raised $500M from Citadel, Fortress, and others at a $40B valuation and says payments made on its platform passed $95B so far in 2025  —  $500mn investment round underlines appetite for stablecoin payments sector  —  Ripple has raised $500mn from investors including …
Abner Li / 9to5Google:
Google says Gemini Deep Research can now directly draw on information stored in users' Gmail, Drive, and Chat to create reports  —  After adding PDF support in May, Gemini Deep Research can now directly tap information stored in your Gmail and Google Chat conversations, as well as Google Drive files.
Isabelle Bousquette / Wall Street Journal:
Quantinuum unveils Helios, a quantum computer with 98 physical qubits, from which it can deliver 48 logical error-corrected qubits, an impressive 2:1 ratio  —  Quantinuum unveils its latest system, Helios, inching the industry toward the day the technology will deliver meaningful commercial value
Mike Scarcella / Reuters:
Google and Epic Games settle Epic's 2020 antitrust lawsuit, with Android and Google Play changes to expand competition and choice, pending a US judge's approval  —  Alphabet's (GOOGL.O) Google said on Tuesday it has reached a comprehensive U.S. court settlement with “Fortnite” …
Sean Hollister / The Verge:
In its Epic settlement, Google proposes lowering app store fees globally, a program to let alternative app stores officially register as an app source, and more
MacKenzie Sigalos / CNBC:
Robinhood reports Q3 revenue up 100% YoY to $1.27B, vs. $1.19B est., transaction-based revenue up 129% to $730M, vs. $739M est., and net income up 271% to $556M  —  Robinhood beat Wall Street expectations for the third quarter on Wednesday, extending a hot streak that has made it one of the biggest large-cap U.S. tech stocks this year.
Ash Parrish / The Verge:
Sony rolls out PlayStation Portal cloud streaming, letting PlayStation Premium Plus members stream select titles without a PS5 connection, in testing since 2024  —  Cloud streaming PS5 games to your PlayStation Portal is out of beta, and includes streaming for some games you own.
OpenAI:
OpenAI says it now has 1M+ business customers globally, with ChatGPT for Work seats up 40% in two months to 7M+ and ChatGPT Enterprise seats up 9x YoY  —  Customers such as Amgen, Commonwealth Bank, Booking.com, Cisco, Lowe's, Morgan Stanley, T-Mobile, Target, and Thermo Fisher Scientific …
Jake Pearson / ProPublica:
Sources and docs: after Marc Andreessen donated $5M+ to Trump's 2024 campaign, most CFPB probes have stalled, including three into Andreessen-backed companies  —  The Trump administration's gutting of the Consumer Financial Protection Bureau has been good for venture capitalists like Andreessen …
Jiahui Huang / Wall Street Journal:
XPeng says it plans to launch three self-developed robotaxis in 2026, the first Chinese EV maker to do so, using its own chips, software, and production line  —  The Nasdaq-listed Chinese EV maker sees high potential in overseas markets  —  XPeng is set to become the first Chinese carmaker …
Julian Chokkattu / Wired:
Sandbar introduces Stream Ring, an AI-powered smart ring for transcribing audio notes into text via an app, preorder now from $249 and shipping in summer 2026  —  A new company called Sandbar has unveiled a smart wearable called Stream Ring, which uses a microphone to record your softly spoken thoughts.
Wall Street Journal:
France begins the process to suspend Shein, giving the company 48 hours to show it has scrubbed its site of illegal products, like sex dolls resembling children  —  The order came as the Chinese-founded platform opened its first permanent store in Paris  —  The French government moved …

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This is a Techmeme archive page. It shows how the site appeared at 10:01 PM ET, November 5, 2025.

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From Mediagazer

Dan Mangan / CNBC:
Trump files a $10B defamation lawsuit against the BBC in a Florida court, alleging it deceptively doctored his January 6 speech in a Panorama documentary

Jake Kanter / Deadline:
The UK government begins its review of the BBC's charter, set to expire in 2027, as ministers consider licence fee reforms and allowing more commercial revenue

Alex Weprin / The Hollywood Reporter:
Howard Stern signs a new three-year deal with SiriusXM, after a report earlier this year suggested that his show was about to be canceled

More News

Rick Porter / The Hollywood Reporter:
Netflix rolls out a new ad metric called monthly active viewers, or MAV, and says it has 190M such viewers across the 12 countries where it offers an ad tier

Earlier Picks

Paayal Zaveri / Bloomberg:
Reevo, which is building a unified AI tool that helps bring products to market, raised $80M, split across a $10M seed and a $70M Series A, at a $500M valuation
Isabella Simonetti / Wall Street Journal:
Letter: the MPA sent Meta a cease-and-desist over Instagram's use of “PG-13” for teen content restrictions, calling it “literally false and highly misleading”
Financial Times:
Sources: Deutsche Bank is exploring strategies to hedge its exposure to data centers, like shorting AI stocks, after extending billions in debt to hyperscalers
Boaz Barak / Windows On Theory:
Research: AI's ability to complete lengthy software engineering tasks has doubled roughly every six months, but there is a “messiness tax” for real-world tasks
The Intercept:
YouTube confirms it removed 700+ videos from three prominent Palestinian human rights groups in early October to comply with the US State Department's sanctions
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