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November 11, 2025, 5:20 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 …
Robert Hart / The Verge:
Google unveils Private AI Compute, a cloud platform providing a “secure, fortified space” to run AI tools on devices, similar to Apple's Private Cloud Compute  —  Google says Private AI Compute maintains privacy while tapping cloud resources.
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.
Ian King / Bloomberg:
AMD CEO Lisa Su says AMD's annual revenue growth will average 35%+ over the next three to five years and that the total AI chip market will reach $1T by 2030  —  Advanced Micro Devices Inc., Nvidia Corp.'s nearest rival in AI chips, predicted accelerating sales growth over the next five years …
Kosaku Narioka / Wall Street Journal:
Sony reports Q2 revenue up 5% YoY to ~$20.3B, net profit up 7% to ~$2.02B, above est., raises FY operating profit forecast by 8% to ~$9.3B; shares close up 5.5%  —  Sony 6758 5.51%increase; green up pointing triangle Group raised its earnings forecasts after a stronger-than-expected second quarter …
Steve Dent / Engadget:
Sony says PlayStation 5 has sold a total of 84.2M units since launch, including 3.9M units sold in Q2, up from 3.8M a year ago
Ben Weiss / Fortune:
Coinbase confirms that it has called off acquisition talks with stablecoin infra startup BVNK; reports previously put the acquisition price around $2B  —  Brian Armstrong, cofounder and CEO of Coinbase.  —  One of the largest deals ever for a stablecoin startup has fallen through.
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.
The Information:
Sources: Apple may add a second camera to the next iPhone Air, possibly set for spring 2027 alongside the iPhone 18 and iPhone 18e, to address user complaints  —  Apple is delaying the release of the second-generation iPhone Air to work on a redesign of the device and make it more appealing to consumers …
Bloomberg:
China says the December 2020 theft of 127,272 BTC, now worth ~$13B, from Chinese mining pool LuBian is likely a “state-level hacker operation” led by the US  —  China's cybersecurity agency accused the American government of orchestrating the theft about $13 billion worth of Bitcoin …
Dominic Preston / The Verge:
Samsung rolls out its Vision AI Companion, a generative AI-powered upgrade to its Bixby assistant, across its 2025 TV lineup, with support for 10 languages  —  Vision AI Companion will let you ask questions about what's on screen in real time.
Todd Spangler / Variety:
Matthew McConaughey and Michael Caine partner with ElevenLabs to create AI versions of their voices for its Iconic Voice Marketplace; McConaughey also invests  —  McConaughey also invests in audio research and product company  —  Actors Matthew McConaughey and Michael Caine have teamed …
Stephanie Palazzolo / The Information:
Brave CBO Brian Brown says the company passed $100M in annualized revenue in Q1 and its browser 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.
More: Livemint
Henrique Almeida / Bloomberg:
Microsoft says it will spend $10B to build a data center park in Sines, Portugal, in partnership with Portuguese developer Start Campus and UK startup Nscale  —  Microsoft Corp. will spend $10 billion on an artificial intelligence data center along the Portuguese coast …
Deborah Sophia / Reuters:
Nebius signs a ~$3B, five-year deal to provide Meta with AI infrastructure and reports a $100.4M net loss in Q3, up from $39.7M in Q3 2024; NBIS is up 250%+ YTD  —  Nebius Group (NBIS.O) has signed a deal worth about $3 billion with Meta to provide the Facebook owner with AI infrastructure …

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From Mediagazer

Jake Kanter / Deadline:
Sources: new Doctor Who episodes are likely to remain off TV until at least 2028; the BBC says it will use a competitive process to find producers for Season 16

Daniel Thomas / Financial Times:
ITV says advertising revenues from the World Cup are about 30% higher than those from Euro 2024; Telemundo says it sold out of key World Cup ad inventory

Dade Hayes / Deadline:
Filing: Fox Corp.'s board extends CEO Lachlan Murdoch's contract through 2030 and raises his target annual bonus to $9M and his annual equity award to $20M

More News

Earlier Picks

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
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
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
Mediagazer memeorandum WeSmirch
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