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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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This is a Techmeme archive page. It shows how the site appeared at 5:20 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

Dan Mangan / CNBC:
Trump files a $10B defamation lawsuit against the BBC in a Florida court, alleging it deceptively doctored his January 6 speech in a Panorama documentary

Alex Weprin / The Hollywood Reporter:
Howard Stern signs a new three-year deal with SiriusXM, after a report earlier this year suggested that his show was about to be canceled

Jacob Savage / Compact:
A writer argues that since 2014, DEI practices led to discrimination against white male millennials for entry-level and mid-level roles in Hollywood and media

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
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