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November 12, 2025, 8:50 AM
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Top News

Liv McMahon / BBC:
The UK proposes an amendment to the Crime and Policing Bill that would let “authorized testers” proactively assess AI models for their ability to generate CSAM  —  The UK government will allow tech firms and child safety charities to proactively test artificial intelligence tools …
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.
Chris Bryant / Bloomberg:
Michael Burry's warning that hyperscalers are underestimating AI chip depreciation shows that tech investors may have forgotten how much depreciation can hurt  —  Costing tens of thousands of dollars each, Nvidia Corp.'s pioneering AI chips make up a hefty chunk of the $400 billion …
Financial Times:
Google files a lawsuit in the SDNY against China-based hackers who it says run the Lighthouse platform for “phishing services”, ensnaring 1M and stealing $1B+  —  Tech giant aims to dismantle the ‘Lighthouse Enterprise’, which it claims has tricked 1mn victims out of $1bn
Bloomberg:
China says the December 2020 theft of 127,272 bitcoin, 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 …
James Hunt / The Block:
SoFi debuts SoFi Crypto, saying it is the first nationally chartered bank in the US to offer consumers BTC, ETH, and other crypto trading, rolling out in phases  —  - SoFi has launched SoFi Crypto to offer crypto trading for consumers, the first directly integrated crypto offering under its national bank charter.
Ian King / Bloomberg:
AMD CEO Lisa Su says AMD's annual revenue growth will average more than 35% and AI data center revenue growth will average 80% over the next three to five years  —  Advanced Micro Devices Inc., Nvidia Corp.'s nearest rival in AI chips, predicted accelerating sales growth over the next five years …
Ivan Mehta / TechCrunch:
Google unveils new Pixel phone features, including AI-based notification summaries, notification prioritization, and Gemini Nano-powered photo edits in Messages  —  Google announced its November software update for Pixel phones, called Pixel Drop — a quarterly feature release that brings …
Elyse Betters Picaro / ZDNET:
Google rolls out Nano Banana image editing upgrades in Google Photos, including a “Help me edit” feature that lets users make edits using text or voice prompts
Marissa Newman / Bloomberg:
Tel Aviv-based Sweet Security, which helps spot abnormal cloud infrastructure behavior, raised $75M led by Evolution Equity, taking its total funding to $120M  —  Sweet Security, a Tel Aviv-based startup founded by the Israeli army's former chief information security officer, has raised $75 million in new funding.
More: Globes and SiliconANGLE
Lizette Chapman / Bloomberg:
Maryland-based Forterra, an autonomous military vehicle software startup founded in 2002, raised $238M, including $50M in debt, at a $1B+ valuation  —  Moore Strategic Ventures, Franklin Templeton and others have invested $238 million in Forterra.  —  Forterra, a startup that makes autonomous technology …
Sean O'Kane / TechCrunch:
Boston-based Teradar, which aims to launch a solid-state sensor for autonomous cars in 2028 that it says can outperform lidar and radar, raised a $150M Series B  —  Matt Carey, the co-founder and CEO of Boston-based startup Teradar loves when people tell him: “I don't believe you.”
More: Reuters
Ashley Capoot / CNBC:
CoreWeave closed down 16% after CEO Mike Intrator admitted delays at a data center developer that Jim Cramer implied may be Core Scientific; CORZ fell 10%+  —  CoreWeave shares closed down 16% on Tuesday after CEO Mike Intrator addressed delays at a third-party data center developer …
More: Runtime and Benzinga
Bluesky: @teroterotero, @edzitron.com, and @garymarcus.  Mastodon: @carnage4life@mas.to.  Forums: r/wallstreetbets
Financial Times:
Sources: software-focused PE firm Vista plans significant workforce cuts in the coming years as it uses AI to compile presentations, aggregate data, and more  —  Software-focused buyout shop will use technology to trim roles making investor presentations and aggregate data
Financial Times:
Sony unveils a cheaper, Japan-only PlayStation 5 Digital Edition for ~$350, a ~25% discount, following a similar move by Nintendo with the Switch 2  —  Sony is launching a cut-price model of its flagship PlayStation 5 to be sold only in Japan, in an inflation-busting move to boost sales …
Steve Dent / Engadget:
Sony says the PlayStation 5 has sold a total of 84.2M units since its launch in November 2020, including 3.9M units sold in Q2, up from 3.8M in Q2 2024

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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:
Five more states join the lawsuit filed last month by eight states seeking to block Nexstar's Tegna acquisition, which Nexstar said the DOJ and FCC approved

Brian Stelter / CNN:
Trump says ABC “better” fire Jimmy Kimmel soon, after Kimmel said “Donald and Melania lately have seemed closer than ever” on Wednesday; Disney hasn't commented

Reporters Without Borders:
RSF Press Freedom Index hits a 25-year low: over 50% of the world's countries fall into the “difficult” or “very serious” categories; Norway holds the top spot

More News

Karmela Padavic-Callaghan / New Scientist:
IBM unveils two quantum computers, Loon and Nighthawk, that it says feature unprecedented qubit connectivity designs aiming to enable error-free computations

Earlier Picks

Sarah Perez / TechCrunch:
Threads adds new features for podcasters, as it tries to become the de facto place for people to talk about shows and engage with creators
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
Todd Spangler / Variety:
ElevenLabs launches an Iconic Voice Marketplace for licensing AI versions of famous voices, such as Michael Caine's; Matthew McConaughey invests in the company
Upmanyu Trivedi / Bloomberg:
A UK judge sentences a Chinese woman to 11 years and eight months in prison for laundering bitcoin linked to a ~$5.6B investment scheme; the UK seized 61K BTC
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.
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