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Techmeme
November 10, 2025, 6:35 PM
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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 …
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 …
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 …
Sander Lutz / Decrypt:
The US Treasury and IRS issue guidance allowing crypto products to offer staking rewards under a new safe harbor  —  The IRS and Treasury said trusts can now generate staking rewards for crypto ETF investors without fear of tax or regulatory repercussions.  —  In brief
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 …
Jordan Novet / CNBC:
CoreWeave reports Q3 revenue up 134% YoY to $1.36B, vs. $1.29B est., a $110M net loss, and forecasts FY revenue below estimates; CRWV drops 5%+ after hours  —  CoreWeave, a provider of infrastructure for artificial intelligence companies, reported better-than-expected third-quarter revenue on Monday …
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.
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
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.
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
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.
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
Lucinda Shen / Axios:
Canada-based CoLab, which makes collaboration software for manufacturers, raised a $72M Series C led by Intrepid Growth Partners  —  CoLab, a maker of collaboration software for manufacturers, raised $72 million in Series C funding, the company tells Axios Pro exclusively.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:35 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

Borys Kit / The Hollywood Reporter:
Netflix wins rights to the Sesame Street movie; Rideback, the production company behind live-action Lilo & Stitch and Aladdin movies, will produce the feature

Andy Baio / Waxy.org:
A case of brazen copyright infringement of John Koenig's The Dictionary of Obscure Sorrows, part of a trend where people use AI to repackage and replace sources

CNN:
Haberman-Swan book: Trump wanted to make Fox News “beg” for a presidential interview, he almost settled for $3M with ABC instead of $16M, and more

More News

Farah Stockman / New York Times:
Neros, which makes low-cost, military FPV drones in the US, raised $75M led by Sequoia, bringing its total funding to $121M, and won a US Army contract
Steven Levy / Wired:
Q&A with Palantir CEO Alex Karp on “the woke left and the woke right”, patriotism, Russia's Ukraine war, Palantir's culture, Trump, democracy, Israel, and more

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
Mediagazer memeorandum WeSmirch
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