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Techmeme
November 11, 2025, 12:30 PM
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Top News

Financial Times:
Sources: Meta Chief AI Scientist Yann LeCun plans to leave Meta 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 …
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 …
Vogue:
Apple and Japanese fashion house Issey Miyake launch the $150+ iPhone Pocket, a 3D-knitted fabric accessory, in Apple's first fashion deal since Hermès' in 2015  —  It's no secret that Steve Jobs's favorite fashion designer was Issey Miyake.  The former Apple CEO adopted …
The Information:
Sources: Apple delays the next iPhone Air, originally set for fall 2026, after the first model sold below expectations and a portion of inventory remains unsold
Reuters:
A Munich court sides with Germany's music rights society GEMA in a case against OpenAI, saying OpenAI can't use song lyrics without a license; OpenAI can appeal  —  A German court on Tuesday sided with the country's music rights society GEMA in a closely watched copyright case against U.S.-based artificial intelligence firm OpenAI.
Kosaku Narioka / Wall Street Journal:
Sony reports Q2 revenue up 4.6% YoY to ~$20.3B, net profit up 6.7% YoY to ~$2.02B, 3.9M PS5s sold, and raises its 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 …
Stephanie Palazzolo / The Information:
Search and browser startup Brave's CBO says it passed $100M in annualized revenue in Q1, and had 100M MAUs as of September, up from 77M at the end of 2024  —  Consumer-focused AI developers such as OpenAI and Perplexity are jockeying for a share of the browser market, now dominated by Google's Chrome.
Berber Jin / Wall Street Journal:
Docs: Anthropic expects to break even in 2028, while OpenAI projects ~$74B in operating losses, or ~75% of revenue, that year before turning a profit in 2030  —  Financial documents from both companies show the different approaches they are taking to the AI boom
Upmanyu Trivedi / Bloomberg:
A UK judge jails a Chinese woman to 11 years and 8 months in prison for laundering bitcoin linked to a £5B investment scheme in which UK seized 61K bitcoin  —  A Chinese woman described as a “super villain” who orchestrated a multibillion dollar investment fraud to buy Bitcoin was sentenced …
Elyse Betters Picaro / ZDNET:
Google rolls out Nano Banana image editing upgrades in Photos, including a “help me edit” feature that lets users make edits using text or voice prompts  —  ZDNET's key takeaways  — Photos has added several new AI-powered editing and search tools.

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This is a Techmeme archive page. It shows how the site appeared at 12:30 PM 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

Matthew Keys / TheDesk.net:
Democratic FCC Commissioner Anna Gomez urges the NAB, the broadcast industry's largest lobbying group, to defend the right of TV newsrooms to report on polls

Esther Addley / The Guardian:
Axel Springer's Telegraph begins layoffs, pledging to become an “AI-powered” global business; sources: up to 100 jobs will go, with culture and sports hit hard

Benjamin Mullin / New York Times:
Ex-60 Minutes EP Bill Owens, who left after clashing with CBS execs, will join YouTube journalism startup Newpress, which raised $12M led by Emerson Collective

More News

Earlier Picks

Carl Franzen / VentureBeat:
Meta releases Omnilingual Automatic Speech Recognition, a suite of AI models handling automatic speech recognition for 1,600+ languages, vs. OpenAI Whisper's 99
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
Sander Lutz / Decrypt:
The US Treasury and IRS issue guidance allowing Wall Street crypto products to offer staking rewards under a new safe harbor, easing institutional participation
Anna Washenko / Engadget:
Meta says it will discontinue Facebook's Like and Share buttons for websites on February 10, 2026, since usage “declined as the digital landscape has evolved”
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