Techmeme
November 11, 2025, 11:50 PM

Top News

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 …
Robert Hart / The Verge:
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 …
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:
James Hunt / The Block:
SoFi launches SoFi Crypto, saying it's the first nationally chartered bank in the US to offer crypto trading to consumers  —  - SoFi has launched SoFi Crypto to offer crypto trading for consumers, the first directly integrated crypto offering under its national bank charter.
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  —  Threads, Meta's competitor to X, will now begin targeting a specific type of creator: podcasters.  The company said on Tuesday that Threads will focus …
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 …
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.
Todd Spangler / Variety:
ElevenLabs launches Iconic Voice Marketplace for licensing AI versions of famous voices, including Michael Caine's; Matthew McConaughey invests in the company  —  McConaughey also invests in audio research and product company  —  Actors Matthew McConaughey and Michael Caine have teamed …
Upmanyu Trivedi / Bloomberg:
A UK judge sentences a Chinese woman to 11 years and 8 months in prison for laundering bitcoin linked to a $5.6B investment scheme in which UK seized 61K BTC  —  A Chinese woman described as a “super villain” who orchestrated a multibillion dollar investment fraud to buy Bitcoin was sentenced …
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  —  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 …

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Henrique Almeida / Bloomberg:
The Information:
Reuters:
Vogue: