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November 9, 2025, 12:40 AM
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WeSmirchTop News
| Atharva Singh / Reuters: |
Swedish investment firm EQT agrees to invest $930M in Douzone Bizon, a South Korea-based provider of ERP and business software to SMBs, for a 37.6% stake — Swedish investment firm EQT (EQTAB.ST) said on Friday it would invest about $930 million in South Korea's Douzone Bizon (012510.KS) …
More: Bloomberg
| Janne Knodler / Bloomberg: |
As US schools adopt AI, a look at the growing use of AI-powered monitoring tools like GoGuardian to scan students' chatbot conversations for signs of self-harm — As US educators embrace AI in the classroom, firms are selling software to flag mentions of self-harm, raising concerns over privacy and control.
More: K-12 Dive and eCampus News
| Magdalena Petrova / CNBC: |
Investment in subsea cable projects is expected to reach $13B between 2025 and 2027, almost 2x the amount invested between 2022 and 2024, driven by AI buildout — Over 95% of international data and voice call traffic travels through nearly a million miles of underwater communication cables.
More: Sherwood News
| Jonathan Burgos / Forbes: |
Several of Asia's top tycoons and conglomerates are joining the data center race as tech giants plan $240B in APAC hyperscale expansion over the next five years — The buildout of AI infrastructure in the Asia-Pacific is in high gear. Masayoshi Son and Mukesh Ambani are among the region's wealthiest taking the lead.| Peter Landers / Wall Street Journal: |
Chinese robotaxi companies' tech and rider experience are generally similar to Waymo's, as they build businesses at home while also expanding internationally — While U.S. companies dominate their home market, other countries look to China for driverless technology| Mihir Sharma / Bloomberg: |
OpenAI, Alphabet, and Perplexity offering free access to their paid tiers in India suggests the country may be the biggest and safest bet for broad AI adoption — Everyone is looking for the next big AI bet. They're searching for energy-rich places that can run data centers cheaply … | Reuters: |
In DeepSeek's first public appearance since R1's success, a senior researcher told a state-run conference he was pessimistic about AI's impact on humanity — - DeepSeek makes first public appearance in almost a year — Company has kept low profile since global breakout in January| George Steer / Financial Times: |
A look at Dominari Holdings and Yorkville Advisors, two little-known boutique banks that have helped finance the Trump family's flurry of crypto deals this year — Dominari Holdings and Yorkville Advisors are benefiting from close connections with Eric and Donald Trump Jr| Ashley Carman / Bloomberg: |
Apple Music's growth may be stymied by the lack of a free tier as a funnel; Midia: on a weekly level, 43% of consumers used Spotify and 16% turned to Apple — The service's lack of a free tier might be dimming its prospects with music consumers, particularly in emerging markets — Welcome back to Soundbite.| Financial Times: |
Nasdaq had its worst 5-day run since April, falling 3% for the week as the combined market value of eight most valuable AI-related stocks fell by about $800B — Nasdaq falls 3% over the five-day period as investors worry about sky-high valuations — US companies closely tied … | Brie Wolfson / Colossus: |
An account of working at Cursor for 60 days: a largely in-person culture, few scheduled meetings, aggressive recruiting, heavy internal product testing, more — Sixty days with the AI coding decacorn — Editor's note: This is the first installment in a series of Company Dispatches …
More: Naval, TechRadar, and Search Engine Land
X: @jposhaughnessy, @ganapathi_97, @kristaletz, @ryolu_, @apartovi, @zebriez, @zebriez, @alanaagoyal, @ajhofmann, @tommycollison, @joincolossus, @dannieherz, @unable0_, and @patrick_oshag. LinkedIn: Ben Shoemaker
| Bloomberg: |
A US judge declares a mistrial after a jury couldn't reach a verdict on two brothers charged in 2024 for allegedly stealing $25M in crypto from Ethereum traders — A jury was unable to reach a verdict in the fraud trial of two brothers, both recently graduated from the Massachusetts Institute of Technology …
More: Reuters, DL News, Business Insider, Gizmodo, The Block, Cointelegraph, and Business Insider
| Krystal Hu / Reuters: |
Vast Data, which develops data storage tools, inks a $1.17B AI deal with CoreWeave; Vast Data, valued at $9.1B in 2023, said it reached $200M ARR by Jan. 2025 — - CoreWeave to use Vast's data storage tools for cloud infrastructure — Vast Data's revenue stream bolstered by new deal
More: Pulse 2.0, The Next Platform, VAST Data Blog, Axios, and Tech Funding News. LinkedIn: Oxana Plis
| Bloomberg: |
CoinGecko: crypto market cap falls to $3.5T from October's $4.4T peak, on track to erase its 2025 gains; crypto ETFs had $700M of net outflow over the past week — The stock market didn't crash this week. But after a seven-month spasm of retail-borne speculation, parts of the casino started clearing out.| Euronews: |
Denmark's government has reached a political agreement to ban social media access for anyone under 15, with a possible parental consent exception from age 13 — The proposal would be one of the most sweeping steps yet by a European country to curb social media use among young people.
More: Associated Press, Mashable, Gizmodo, Engadget, The Economic Times, Newser, The Independent, Courthouse News Service, Reuters, WPXI-TV, The European Conservative, Daily Sabah, and Advanced Television
Forums: r/Denmark, r/technology, r/europrivacy, and r/europe
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