Techmeme
November 12, 2025, 9:30 AM

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 …
Catarina Demony / Reuters:
The UK proposes laws to protect public services from cyberattacks, including regulating companies providing services to private and public sector organizations  —  Britain plans to strengthen its public services' defences against cyberattacks, requiring companies that provide services …
Robert Hart / The Verge:
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
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 …
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 …
CNBC:
Foxconn reports Q3 revenue up 11% YoY to ~$66.3B, matching est., net profit up 17% YoY to ~$1.86B, vs. $1.63B est., and expects Q4 results to “remain favorable”  —  Foxconn, the world's largest contract electronics maker, said Wednesday that its third-quarter profit jumped 17% …
Natalie Lung / Bloomberg:
Airbnb plans to launch a three-month pilot on January 5 to let guests order groceries via Instacart within its app for rentals in Phoenix, Orlando, and LA  —  Airbnb Inc. is testing a new service with Instacart that will let guests at some US rentals order groceries through the home-sharing app ahead of and during their stay.
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 …
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
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:
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
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  —  IBM revealed two new quantum computers, called Loon and Nighthawk - the qubits they use are connected in newly intricate ways …
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:

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Earlier Picks

Ashley Capoot / CNBC:
More: Runtime and Benzinga
Sarah Perez / TechCrunch:
Ben Weiss / Fortune:
Todd Spangler / Variety:
Upmanyu Trivedi / Bloomberg:
David Keohane / Financial Times: