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November 12, 2025, 2:50 PM
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Top News

Andrew E. Freedman / Tom's Hardware:
Valve unveils a new Steam Machine, a cube-shaped gaming PC with SteamOS, a semi-custom AMD Zen 4 CPU and AMD RDNA 3 GPU, and 16GB of RAM, expected in early 2026  —  Valve is promising 4K gaming at 60 FPS with FSR  —  Valve rattled the gaming industry in 2022 with the launch of the Steam Deck …
Jay Peters / The Verge:
Valve plans to launch Steam Frame, a VR headset with a Snapdragon 8 Gen 3 chip for streaming games from a PC or playing Windows games locally, in 2026  —  Valve is about to launch a new virtual reality headset, and with it, a comprehensive new approach to what a VR device should be.
Jay Peters / The Verge:
Valve unveils the second-gen Steam Controller, with a puck that serves as both a low-latency wireless connector and a charging station, launching in early 2026  —  Imagine a Steam Deck with the screen lopped off, and you're close. … One of the best parts of the Steam Deck is its many different controls …
MacKenzie Sigalos / CNBC:
Anthropic plans to spend $50B on a US AI infrastructure buildout, starting with Texas and New York data centers in partnership with Fluidstack, opening in 2026  —  Anthropic announced plans Wednesday to spend $50 billion on U.S. artificial intelligence infrastructure buildout, starting with custom data centers in Texas and New York.
OpenAI:
OpenAI rolls out GPT-5.1 Instant, “warmer” and “more conversational”, and GPT-5.1 Thinking, “easier to understand and faster”, starting with paid ChatGPT users  —  We're upgrading GPT‑5 while making it easier to customize ChatGPT.
Sarah Perez / TechCrunch:
Apple launches Digital ID in Apple Wallet, letting iPhone and Apple Watch owners in the US carry a copy of their passport, which can be used at TSA checkpoints  —  iPhone and Apple Watch owners in the United States will now be able to carry a copy of their U.S. passport on their device …
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
Zoe Thomas / Bloomberg:
Waymo becomes the first robotaxi provider to offer driverless rides on freeways, available 24/7 in San Francisco, Phoenix, and Los Angeles for users who opt in  —  Waymo will become the first robotaxi provider in the US to offer driverless rides on highways, a milestone that positions …
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 …
Ari Levy / CNBC:
Coinbase plans to move its incorporation from Delaware to Texas, saying Delaware “once provided companies with consistency” but now has “unpredictable outcomes”  —  Coinbase is following Tesla out of Delaware and into Texas.  —  Paul Grewal, Coinbase's chief legal officer …
Adam Leventhal / The Athletic:
Amazon says it is rolling out a tougher approach to combat illegal sports streaming on Fire TV Stick devices, aiming to block apps that stream pirated content  —  Amazon is rolling out a tougher approach to combat illegal streaming, with the United States-based tech company aiming …
Jaspreet Singh / Reuters:
Deezer-Ipsos survey of 9,000 music listeners in eight countries: 97% can't distinguish AI-generated music, 73% support clear labelling of AI tracks, and more  —  A staggering 97% of listeners cannot distinguish between artificial intelligence-generated and human-composed songs …
Rebecca Bellan / TechCrunch:
Fei-Fei Li's World Labs debuts Marble, its first world model, which lets users turn prompts, photos, and other media into editable 3D environments, after a beta  —  World Labs, the startup founded by AI pioneer Fei-Fei Li, is launching its first commercial world model product.
Reuters:
Circle reports Q3 revenue up 66% YoY to $739.8M, USDC in Circulation at quarter end up 108% YoY to $73.7B, and net income up 202% YoY to $214M; CRCL drops 5%+  —  Circle (CRCL.N) topped Wall Street estimates for third-quarter profit on Wednesday, driven by higher reserve income amid rising USDC circulation …
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
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
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 …
Jagmeet Singh / TechCrunch:
Indian investment app Groww raised ~$748M in its Indian IPO, closing up 29% and giving it a ~$9B market cap; Groww is the first Indian YC-backed startup to IPO  —  Indian online brokerage platform Groww's IPO on Wednesday proved to be the largest listing by an Indian fintech so far this year …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:50 PM 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

Alex Weprin / The Hollywood Reporter:
Cuts at ESPN are part of larger Disney layoffs; sources: some corporate functions, film studios, and Disney Entertainment Television are expected to be impacted

MJ Franklin / New York Times:
How publishers are cashing in on surging public interest in The Odyssey through splashy reissues; Circana BookScan says sales of The Odyssey rose by 76% YoY

Winston Cho / The Hollywood Reporter:
In the temporary restraining order, a US judge says Paramount's anticipated 27% market share in theatrical distribution is likely to violate antitrust laws

More News

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”

Earlier Picks

Financial Times:
Sony unveils a cheaper, Japan-only PlayStation 5 Digital Edition for ~$350, a ~25% discount, following Nintendo's similar move for the Switch 2's launch in June
Ivan Mehta / TechCrunch:
Google unveils new Pixel phone features, including AI-based notification summaries, notification prioritization, and Gemini Nano-powered photo edits in Messages
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
Ashley Capoot / CNBC:
CoreWeave's stock closed down 16.31% after CEO Mike Intrator noted delays at a data center provider that Jim Cramer implied is Core Scientific; CORZ fell 10%+
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
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