Techmeme
November 5, 2025, 10:45 AM

Top News

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” …
Nikou Asgari / Financial Times:
Stablecoin operator 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 …
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.
Josh Sisco / Bloomberg:
Wiz CEO Assaf Rappaport says the US DOJ concluded its review of Google's planned $32B acquisition; the FTC website dated the early termination to October 24  —  Alphabet Inc.'s Google and cybersecurity company Wiz Inc. cleared a key hurdle to closing their $32 billion deal …
Lee Ying Shan / CNBC:
Samsung, TSMC, SoftBank, SK Hynix, and others closed as much as 10% down, matching their US peers, as investors worry over stretched AI and tech valuations  —  Shares in Japan's SoftBank Group closed 10% lower on Wednesday, amid a broader drop in AI-linked companies as investors turned wary …
Bloomberg:
Reuters:
Sources: the Chinese government issues guidance requiring new data center projects that have received any state funds to only use domestically made AI chips  —  - Order likely to affect U.S. chipmakers Nvidia, AMD, Intel  — Beijing trying to cultivate domestic AI chipmakers like Huawei
Abner Li / 9to5Google:
Google Maps plans to replace Assistant with Gemini on Android and iOS, giving users 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.
Wall Street Journal:
Sources detail Elon Musk's time at xAI after he left DOGE: he oversaw racy chatbot Ani's design, unwound by playing Diablo, tended to his children, and more  —  Focus on winning tech arms race leads to long hours at xAI; employees turned over biometric data to develop controversial avatars
Bloomberg:
Amazon sues Perplexity, accusing it of computer fraud, after sending a cease-and-desist letter demanding it stop letting Comet make purchases on users' behalf  —  Amazon.com Inc. is suing Perplexity AI Inc. to try and stop the startup from helping users buy items on the world's largest online marketplace …
CNBC:
The Intercept:
YouTube confirms it removed 700+ videos from three prominent Palestinian human rights groups in early October to comply with US State Department sanctions  —  A documentary featuring mothers surviving Israel's genocide in Gaza.  A video investigation uncovering Israel's role in the killing of a Palestinian American journalist.
Boaz Barak / Windows On Theory:
Research: AI's ability to complete long and complex software engineering tasks doubles every 6-7 months, but there is a “messiness tax” for real-world tasks  —  METR has had a very influential work by Kwa and West et al on measuring AI's ability to complete long tasks.
Dominic Preston / The Verge:
Motorola Edge 70 review: the new £699 ultra-thin device has a silicone back and great battery life, but the OS is full of ads; the phone won't launch in the US  —  I've been as much of a thin phone skeptic as anyone.  Why would I give up on camera specs and battery life just to shave …
Paayal Zaveri / Bloomberg:
Reevo, which aims to use AI to help bring products to market, raised $80M, split across a $10M seed and $70M Series A led by Kleiner, at a $500M valuation  —  Artificial intelligence startup Reevo Inc. has raised $80 million from investors including Khosla Ventures and Kleiner Perkins …
Beatrice Nolan / Fortune:
Giga, which develops voice-based AI agents for customer support, raised a $61M Series A led by Redpoint with participation from Y Combinator and Nexus  —  Giga raises $61 million to expand enterprise voice AI.  —  Giga, a San Francisco-based startup that builds voice-based AI agents …
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 in-house chips and its own software system  —  The Nasdaq-listed Chinese EV maker sees high potential in overseas markets  —  XPeng is set to become the first Chinese carmaker …

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