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November 10, 2025, 4:45 PM
Mediagazer memeorandum WeSmirch
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The Information:
Sources: Apple is delaying the release of the next version of the iPhone Air, originally planned for fall 2026, after the first model sold below expectations  —  Apple is delaying the release of next year's version of the iPhone Air, its thinnest smartphone, after the first model sold below expectations …
Ellen O'Regan / Politico:
Draft docs: the European Commission plans to simplify some of its privacy rules, including GDPR, to boost AI growth and slash red tape for businesses in Europe  —  BRUSSELS — European Union officials are ready to sacrifice some of their most prized privacy rules for the sake of AI …
Billy Gray / Wall Street Journal:
Rumble says it will acquire German AI infrastructure company Northern Data in an up to $970M deal, set to close in Q2 2026; both companies are backed by Tether  —  The deal brings together two companies backed by stablecoin issuer Tether  —  Rumble said it would acquire German artificial …
Vicky Ge Huang / Wall Street Journal:
Coinbase plans to launch a platform to let individual investors buy digital tokens before they are listed on its exchange, reviving 2017 and 2018's ICO craze  —  Blockchain startup Monad will be first project to sell its token on new platform  —  Coinbase Global is launching a new platform …
Financial Times:
Robinhood CEO Vlad Tenev says he plans to give “normal people” exposure to AI startups via Robinhood Ventures' fund set to invest in 5+ “best in class” startups  —  CEO Vlad Tenev plans to offer shares in a fund that holds a handful of private artificial intelligence companies
Josh Scott / BetaKit:
Canada-based legaltech company Clio raised a $500M Series G at a $5B valuation, along with $350M in debt, and says it has completed its $1B vLex acquisition  —  Clio has closed a $500-million USD Series G round and another $350 million in debt to complete a landmark deal as part of a transaction that began six months ago.
Debby Wu / Bloomberg:
TSMC reports October sales rose 16.9% YoY, the slowest pace since February 2024, highlighting uncertainty over the AI boom's sustainability; TSMC is up 38%+ YTD  —  Taiwan Semiconductor Manufacturing Co. reported slowing growth in monthly revenue as investors debate the sustainability …
Wired:
Apple removes two of China's most popular gay dating apps, Blued and Finka, from its App Store in the country, citing a Cyberspace Administration of China order  —  The removal of Blued and Finka marks another setback for China's marginalized LGBTQ+ community.
Milana Vinn / Reuters:
Sources: C3.ai is exploring options, including a potential sale and raising funds from private investors, after Thomas Siebel stepped down as CEO in July  —  - Leadership change follows Siebel stepping down due to health concerns  — C3 AI's stock down over 54% in 2025 amid financial struggles
More: Bloomberg
Niko Gallogly / New York Times:
Gamma, which uses AI to help create presentations, social media posts, websites, and more, raised $68M at a $2.1B valuation and reports 600K+ paying subscribers  —  The five-year-old start-up, which has just 52 employees and is profitable, is now valued at $2.1 billion by investors including Andreessen Horowitz.
Judy Lagrou / Bloomberg:
Bakkt reports Q3 revenue up 27% YoY to $402.2M and a $23.2M net loss, driven by an accounting charge tied to warrants issued to its investors; BKKT drops 9%+  —  Shares of Bakkt Holdings Inc. fell as much as 16% on Monday, after the cryptocurrency trading and technology platform reported a wider loss for the third quarter.
More: The Block and Bakkt
Evan Gorelick / New York Times:
A group of lawyers has documented 533 cases of AI misuse in legal filings, including fabricated case law citations; judges and bar associations permit AI use  —  More lawyers are using artificial intelligence to write legal briefs.  Some colleagues are publicizing the A.I.-generated errors.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:45 PM ET, November 10, 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

Todd Spangler / Variety:
Disney reports Q1 revenue up 5% YoY to $26B, driven by Zootopia 2 and a record $10B revenue from Experiences; streaming operating income rose 72% YoY to $450M

Thomas Buckley / Bloomberg:
Sources: Disney's board is aligning on promoting theme park division chairman Josh D'Amaro to CEO; Disney says “the board has not yet selected the next CEO”

The Wrap:
Source: CBS News may cut ties with new contributor Peter Attia, a wellness expert, after the latest trove of Epstein emails revealed Attia's Epstein links

More News

Earlier Picks

Rya Jetha / The San Francisco Standard:
A profile of Mercor CEO Brendan Foody, who says Mercor is building a “new category of work”; Mercor hit a $500M ARR in September and pays contractors ~$1.5M/day
Fast Company:
Financial stress from AI infrastructure spending, overhiring, and recession fears, rather than AI adoption, are likely responsible for the economy-wide layoffs
Wall Street Journal:
A bitcoin and ether selloff is tanking shares of crypto treasury companies like Strategy and BitMine; Strategy's valuation is down from ~$128B in July to ~$70B
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