Techmeme
November 13, 2025, 12:10 PM

Top News

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  —  The tech giant delivered a 19% increase in third-quarter net profit  —  Tencent Holdings reported double-digit growth on its top and bottom lines …
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  —  While showing its new Frame VR headset to The Verge, Valve confirmed that it's moving on from its previous one.
Jay Peters / The Verge:
Valve unveils the Steam Frame, a VR headset that can stream games from a PC or run Windows and Android games locally, expected to launch in 2026 for under $999  —  Valve is about to launch a new virtual reality headset, and with it, a comprehensive new approach to what a VR device should be.
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.
Sebastian Herrera / Wall Street Journal:
Brody Ford / Bloomberg:
SemiAnalysis:
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
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
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 …
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 …
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.
OpenAI:
OpenAI rolls out GPT-5.1 Instant, which is “warmer by default”, and GPT-5.1 Thinking, which is “easier to understand and faster”, starting with paid subscribers  —  We're upgrading GPT‑5 while making it easier to customize ChatGPT.  Starting to roll out today to everyone, beginning with paid users.
Ivan Mehta / TechCrunch:
LinkedIn rolls out AI-powered people search to premium users in the US, with plans to expand it to other countries in the coming months  —  For the last two years, LinkedIn has tried to infuse AI into different parts of its platforms, including ad copies, content creation, personalized digests …
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 …
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.
Tim De Chant / TechCrunch:
Exowatt, which aims to use concentrated solar power to generate 1¢ per kWh electricity for data centers, raised a $120M Series A from a16z, Sam Altman, and more  —  When Hannan Happi started thinking about how to solve the AI power crisis, he kept one figure in mind: one cent per kilowatt-hour.
More: FinSMEs
Jess Weatherbed / The Verge:
Google launches Cameyo by Google, after acquiring the software virtualization company in June 2024, to help organizations run legacy Windows apps on ChromeOS  —  Cameyo by Google makes it easier to run Windows-based apps on Chromebooks. … After acquiring software virtualization company Cameyo last year …
Aisha Malik / TechCrunch:
TikTok launches Bulletin board, which lets brands and creators share public, one-to-many messages to their followers, similar to Instagram's broadcast channels  —  TikTok announced on Thursday that it's launching “bulletin board,” a new feature that lets brands and creators share public, one-to-many messages to their followers.
More: TikTok
Salvador Rizzo / Washington Post:
US Attorney Jeanine Pirro launches a federal investigative task force to crack down on overseas crime organizations behind crypto scams targeting Americans  —  U.S. victims were defrauded of $9.3 billion in cryptocurrency scams last year, many of them operated by crime networks in Southeast Asia, officials said.
Colin Campbell / Axios:
Fabric8Labs, which uses electrochemical additive manufacturing to create chip-cooling plates for data centers, raised $50M led by NEA and Intel Capital  —  Fabric8Labs, a San Diego-based electrochemical additive manufacturing startup, raised $50 million led by NEA and Intel Capital, CEO Jeff Herman tells Axios Pro exclusively.
More: FinSMEs and Pulse 2.0
Stephanie Stacey / Financial Times:
FanDuel and CME Group plan to launch FanDuel Predicts, a prediction market app, in December, bypassing restrictions in US states where gambling is illegal  —  Partnership with CME Group will allow betting group to offer contracts structured as peer-to-peer trades

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Isabelle Lee / Bloomberg:

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