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Techmeme
November 12, 2025, 6:35 AM
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Top News

BBC:
The UK proposes an amendment to the Crime and Policing Bill allowing “authorized testers” to proactively assess AI models for their ability to generate CSAM  —  A new law will allow authorised testers to assess AI models for their ability to generate abuse material
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.
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 launches SoFi Crypto, saying it is the first nationally chartered bank in the US to offer crypto trading to consumers, 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 features for Pixel phones, including AI-powered notification summaries, notification prioritization, and AI photo edits in Messages  —  Google announced its November software update for Pixel phones, called Pixel Drop — a quarterly feature release that brings new capabilities …
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
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 …
Dina Bass / Bloomberg:
D-Matrix, which develops AI inference chips, raised $275M co-led by Bullhound, Triatomic, and Temasek at a $2B valuation, taking its total funding to $450M  —  D-Matrix Corp., a Microsoft Corp.-backed AI chip startup, raised $275 million from new investors including Qatar Investment Authority …
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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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:35 AM ET, November 12, 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

Borys Kit / The Hollywood Reporter:
Netflix wins rights to the Sesame Street movie; Rideback, the production company behind live-action Lilo & Stitch and Aladdin movies, will produce the feature

Andy Baio / Waxy.org:
A case of brazen copyright infringement of John Koenig's The Dictionary of Obscure Sorrows, part of a trend where people use AI to repackage and replace sources

CNN:
Haberman-Swan book: Trump wanted to make Fox News “beg” for a presidential interview, he almost settled for $3M with ABC instead of $16M, and more

More News

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

Earlier Picks

Dade Hayes / Deadline:
Amazon says ads on Prime Video reach 315M viewers across its series and films, live sports and events, and free, ad-supported live channels
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
Ben Weiss / Fortune:
Lighter, which operates an Ethereum Layer 2 network and a decentralized exchange to support perpetual futures contracts, raised $68M at a ~$1.5B valuation
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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