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Techmeme
November 5, 2025, 9:15 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 …
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
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 …
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 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
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.
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.
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 …
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 …
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 …
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 …
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”  —  Meta says it never claimed or implied that its teen accounts were officially PG-13 rated or certified by MPA

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:15 PM ET, November 5, 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

Lucas Shaw / Bloomberg:
Sources: podcaster Alex Cooper, host of Call Her Daddy, cut ties with UTA and plans to move to CAA, after her company Unwell raised money at a $500M valuation

Josh Gerstein / Politico:
The BBC is seeking to subpoena Donald Trump Jr., Ivanka Trump, and Jared Kushner in the defamation lawsuit the president is pressing against the broadcaster

Todd Spangler / Variety:
CBS News Chief Correspondent Matt Gutman is accused of harassment in a wrongful-termination lawsuit filed against ABC by one of his former coworkers at ABC News

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
Beatrice Nolan / Fortune:
Giga, which develops voice-based AI agents for customer support, raised a $61M Series A led by Redpoint Ventures, with participation from Y Combinator and Nexus

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
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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