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November 11, 2025, 7:40 AM
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Top News

The Information:
Sources: Apple is delaying the next generation iPhone Air's release date, 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 …
David Keohane / Financial Times:
SoftBank sold its entire Nvidia stake, or ~32M shares, in October for $5.8B and part of its T-Mobile stake for $9.2B, boosting Q2 profit to $16.2B, above est.  —  Net profit doubles to $16bn on gains from OpenAI and PayPay holdings  —  Masayoshi Son's SoftBank Group has sold its entire stake …
Financial Times:
Sources: Meta Chief AI Scientist Yann LeCun plans to leave in the coming months to found his own startup; a source says he is in early talks to raise funds  —  Turing Award winner seeks to depart as Mark Zuckerberg makes ‘superintelligence’ push  —  Melissa Heikkilä in London, Hannah Murphy and Stephen Morris in San Francisco
Vogue:
Apple and Japanese fashion house Issey Miyake launch the $150 iPhone Pocket, a 3D-knitted fabric accessory, its first fashion collaboration since Hermès in 2015  —  It's no secret that Steve Jobs's favorite fashion designer was Issey Miyake.  The former Apple CEO adopted …
Kosaku Narioka / Wall Street Journal:
Sony reports Q2 revenue up 4.6% YoY to ~$20.3B, net profit up 6.7% to ~$2.02B, 3.9M PS5 units sold, and raises FY operating profit forecast by 7.5% to ~$9.3B  —  Sony 6758 5.51%increase; green up pointing triangle Group raised its earnings forecasts after a stronger-than-expected second quarter …
Berber Jin / Wall Street Journal:
Financial documents: Anthropic expects to break even in 2028, while OpenAI projects ~$74B in operating losses that year before turning a profit in 2030  —  Financial documents from both companies show the different approaches they are taking to the AI boom  —  The finances of Silicon Valley's …
CRN:
Intel CTO and AI officer Sachin Katti says he is leaving the company after four years to join OpenAI; Intel says CEO Lip-Bu Tan will take over its AI efforts  —  Intel CEO made Katti the company's chief technology and artificial intelligence officer in April.
Gian Volpicelli / Bloomberg:
Sources: the EU plans to designate WhatsApp's Channels as a Very Large Online Platform under the DSA, meaning it must meet moderation and transparency standards  —  Meta Platforms Inc.'s messaging service WhatsApp will face stricter rules under the European Union's content moderation rulebook …
Deborah Sophia / Reuters:
Nebius signs a ~$3B, five-year deal to provide Meta with AI infrastructure and reports a $100M+ loss in Q3, up from a $39.7M loss in Q3 2024  —  Nebius Group (NBIS.O) has signed a deal worth about $3 billion with Meta to provide the Facebook owner with AI infrastructure over a five-year period …
More: Bloomberg
Tasmin Lockwood / CNBC:
Oura CEO Tom Hale says the Finnish company expects “maybe close” to $2B in sales in 2026, up from $1B in 2025, and there is “no news on an IPO”  —  The chief executive of Finland's Oura told CNBC on Tuesday that he expects the wearable tech company to generate close to $2 billion in sales next year.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:40 AM ET, November 11, 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

Shane O'Neill / Washington Post:
Q&A with Christopher Anderson, who photographed Trump's inner circle for VF: “My job is to ... draw on my experience as a journalist and photograph what I see”

Alex Weprin / The Hollywood Reporter:
CBS News and The Free Press announce Things That Matter, a series of town halls and debates, starting in early 2026, with Sam Altman, J.D. Vance, and others

Anna Betts / The Guardian:
David Brooks, who wrote a NYT column last month decrying popular fixation on the Epstein story, appears in newly released photos of a 2011 event with Epstein

More News

Carl Franzen / VentureBeat:
Meta introduces Omnilingual Automatic Speech Recognition, a suite of AI models providing automatic speech recognition capabilities for more than 1,600 languages
Sander Lutz / Decrypt:
The US Treasury and IRS issue guidance allowing crypto products to offer staking rewards under a new safe harbor

Earlier Picks

Jordan Novet / CNBC:
CoreWeave reports Q3 revenue up 134% YoY to $1.36B, above $1.29B est., a $110M net loss, and forecasts FY revenue below estimates; CRWV drops 5%+
Anna Washenko / Engadget:
Meta plans to discontinue Facebook's Like and Share buttons for external sites in February 2026 as usage “naturally declined as the digital landscape evolved”
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
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
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