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November 13, 2025, 3:55 PM
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Angel Au-Yeung / Wall Street Journal:
AI coding startup Cursor raised a $2.3B Series D co-led by Accel and Coatue at a $29.3B valuation, after raising a $900M Series C at a $9.9B valuation in June  —  Cursor, which was founded by four MIT graduates who are still in their mid-20s, raised $2.3 billion in its third funding round this year
Wall Street Journal:
Anthropic says China's state-sponsored hackers used its tools to automate 80% to 90% of a September hacking campaign that targeted corporations and governments  —  The use of AI automation in hacks is a growing trend that gives hackers additional scale and speed
Sergiu Gatlan / BleepingComputer:
Europol, Eurojust, and others dismantle 1,025 servers used by the Rhadamanthys infostealer, VenomRAT, and Elysium botnet, in the latest Operation Endgame phase  —  Law enforcement authorities from nine countries have taken down over 1,000 servers used by the Rhadamanthys infolstealer …
Mia Sato / The Verge:
Google launches AI-powered shopping features in the US, including conversational search, side-by-side item comparisons, price tracking, and an agentic checkout  —  There have never been more options for things to buy.  Google is betting AI is how shoppers will make decisions.
Pei Li / Bloomberg:
Sources: Tencent and Apple signed a deal to let Apple handle payments and take a 15% cut of purchases in WeChat mini games and apps, after over a year of talks  —  Tencent Holdings Ltd. has agreed a deal with Apple Inc. that will see the iPhone maker handle payments and take a 15% cut …
Sarah Perez / TechCrunch:
Apple unveils Mini Apps Partner Program, offering a reduced 15% commission on IAPs for mini apps, or “self-contained” experiences built with web tech like HTML5  —  Apple announced on Thursday the launch of a new developer program, the Mini Apps Partner Program …
Thomas Ricker / The Verge:
Leaker Evan Blass details Samsung's upcoming trifold phone: named “Galaxy Z TriFold”, it has a 6.5" cover display, a 10" total display, and a 200MP main camera  —  The Galaxy Z TriFold could launch on December 5th. … Reputable gadget leaker Evan Blass has taken to X with …
Will Douglas Heaven / MIT Technology Review:
Google DeepMind unveils SIMA 2, a video-game-playing agent built on top of Gemini to navigate and solve problems inside 3D virtual worlds like Goat Simulator 3  —  Google DeepMind has built a new video-game-playing agent called SIMA 2 that can navigate and solve problems in a wide range of 3D virtual worlds.
Dwarkesh Patel / Dwarkesh Podcast:
Q&A with Satya Nadella on business models for AGI, Copilot, Microsoft AI, the hyperscale business, the OpenAI partnership, capex, sovereign AI efforts, and more  —  As part of this interview, Satya Nadella gave Dylan Patel (founder of SemiAnalysis) and me an exclusive first-look at their brand-new Fairwater 2 datacenter.
SemiAnalysis:
A deep dive into Microsoft's AI strategy: its OpenAI deal, data center investments, neocloud renting, GitHub Copilot, its MAI models, its Maia chip, and more
Brody Ford / Bloomberg:
Satya Nadella says that Microsoft has access to “all” of OpenAI's custom AI chip work with Broadcom and plans to use it to help develop its own in-house chip
Wall Street Journal:
Sources: Verizon plans to cut ~15,000 jobs, its largest workforce reduction yet, and transition ~200 stores into franchised operations, seeking to reduce costs  —  The telecommunications company is looking to reduce costs as it works to stem customer losses
Mishaal Rahman / Android Authority:
Google says it will allow “experienced users” to install Android apps made by unverified developers, following backlash against new sideloading restrictions  —  Google will allow ‘experienced users’ to install Android apps made by unverified developers.  —  •  —  TL;DR
Paul Tenorio / The Athletic:
Sources: Apple and Major League Soccer agree to make all MLS games available on Apple TV for no extra charge from 2026, ending the MLS Season Pass subscription  —  PALM BEACH, Fla. — MLS will no longer be behind a separate paywall on Apple TV beginning in 2026.
Bloomberg:
Ubisoft delays publishing its H1 financial results on the day they were due and requests that its shares be halted from trading until then; UBI is down 47%+ YTD  —  Ubisoft Entertainment SA said it's delaying the publication of its first-half financial results and requested the shares be halted from trading until then.
Samuel Stolton / Bloomberg:
The EU opens a DMA investigation into Google for allegedly demoting news outlets with content from commercial partners, which Google says is an anti-spam policy  —  Google is under investigation by European Union antitrust watchdogs over concerns it unfairly demotes some news results in a probe …
Elissa Welle / The Verge:
Google says all NotebookLM users will get access to Deep Research in the service within a week; users get to choose between two research styles: fast or deep  —  Google is adding Deep Research and more file types to NotebookLM. … Google is pairing up two of its research products …
Elissa Welle / The Verge:
Spotify starts rolling out Recaps, an AI feature for audiobooks that summarizes what users have listened to so far, in beta on iOS for select English audiobooks  —  The Recap button will show up automatically on some English-language audiobooks in the iOS app.
Neil Vigdor / New York Times:
AIDOL, one of the first anthropomorphic robots in Russia, face-planted at a demo in Moscow; organizers dragged the robot away and covered it with a black drape  —  The robot, known as AIDOL, staggered onstage during a technology showcase in Moscow.  Organizers blamed the mishap on calibration and lighting issues.
Bloomberg:
Sources: Mira Murati's Thinking Machines Lab is in early talks to raise a new round of funding at a roughly $50B valuation, potentially rising to $55B-$60B  —  Thinking Machines Lab, an artificial intelligence startup founded by former OpenAI executive Mira Murati, is in early talks to raise …
Carl Franzen / VentureBeat:
Baidu unveils Ernie 5.0, an AI model to process and generate text, images, audio, and video, claiming it beats GPT-5-High and Gemini 2.5 Pro on some benchmarks  —  The goal: to position as a global contender in the increasingly competitive enterprise AI market.

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From Mediagazer

Todd Spangler / Variety:
Memo: Skydance offers certain employees a voluntary buyout in a “one-time offer” and moves to a mandatory five-days-per-week in-office policy

Ashley Carman / Bloomberg:
Netflix hires Steve Wilson, who formerly managed partner relations at Apple Podcasts, as a consultant to oversee podcast content acquisition

Etan Vlessing / The Hollywood Reporter:
Lionsgate and Steven Paul's SP Media form a JV to invest in new businesses and indie film production; a source says Paul is leading an investment of ~$100M

More News

Isabelle Lee / Bloomberg:
Grayscale files for an IPO, reporting $203.3M in net income on $318.7M in revenue for January to September 2025; the DCG unit has ~$35B in AUM and 40+ products

Earlier Picks

Jay Peters / The Verge:
Valve says the company is “no longer manufacturing” its high-end, PC-tethered VR headset Valve Index, released in 2019 for $999, after unveiling the Steam Frame
Sherry Qin / Wall Street Journal:
Tencent reports Q3 revenue up 15% YoY to ~$27B, above ~$26.6B est., net profit up 19% YoY to ~$8.9B, above ~$8B est., and domestic game revenue up 15% YoY
Salvador Rizzo / Washington Post:
US Attorney Jeanine Pirro launches an investigative task force to neutralize overseas crime organizations behind crypto scams that drain billions from Americans
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