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November 11, 2025, 12:55 PM
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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 …
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 …
Steve Dent / Engadget:
Sony says the 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  —  The company boosted both console and software sales compared to Q2 2024.  —  It's been just over a year since Sony launched the updated PS5 Slim and PS5 Pro consoles …
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 …
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 …
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
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
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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From Mediagazer

Todd Spangler / Variety:
Trump names Danielle Thumann, an adviser to FCC Chairman Brendan Carr, to serve as an FCC commissioner; if confirmed, she'd bring the Republican majority to 3-1

Dade Hayes / Deadline:
Scripps' CEO says the company is adopting a streaming news model enabled by AI, including cutting 12% of staff, and praises the FCC's lift of the ownership cap

Bloomberg:
Sources: Paramount has offered three-year agreements to AMC and Regal to release 30 movies a year exclusively in cinemas for at least 45 days if it acquires WBD

More News

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

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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