| Tina Nguyen / The Verge: |
Draft executive order: President Trump plans to grant the US government sole power to regulate AI and create an “AI Litigation Task Force” overseen by the US AG — Trump is launching an all-out broadside against states with strict AI regulations| Joe Miller / Financial Times: |
Josh Hawley, Ron DeSantis, Sarah Huckabee Sanders, and other Republicans publicly oppose President Trump's proposal to restrict US states from regulating AI — US president endorses move to restrict regulation by states after lobbying from Silicon Valley — A plan backed by Donald Trump … | Kif Leswing / CNBC: |
Nvidia reports Q3 revenue up 62% YoY to $57.01B, above $54.92B est., Data Center revenue up 66% YoY, and forecasts Q4 revenue above est.; NVDA jumps 5%+ — Nvidia reported fiscal third-quarter earnings and revenue that topped Wall Street expectations on Wednesday and provided stronger … | Bloomberg: |
Yann LeCun says he is leaving Meta at the end of 2025 to build a new startup and continue his “Advanced Machine Intelligence research”, with Meta as a partner — Yann LeCun, an artificial intelligence pioneer who runs a research lab at Meta Platforms Inc., told employees … | Louis Ashworth / Financial Times: |
As OpenAI committed to spending ~$1.4T on data centers, it hasn't disclosed its auditor nor used an independent accountant to compile its financial statements — OpenAI is committed to spending about $1.4 trillion on data centres over the next decade or so.| Tom Warren / The Verge: |
Microsoft and Qualcomm launch Windows updates to improve Arm gaming, including a refreshed Xbox app; Qualcomm's new Snapdragon Control Panel optimizes games — Microsoft and Qualcomm have made important improvements to compatibility and performance for games on Snapdragon CPUs.| Samantha Subin / CNBC: |
Palo Alto Networks reports Q1 revenue up 16% YoY to $2.47B, vs. $2.46B est., forecasts Q2 revenue in line with est., and agrees to buy Chronosphere for $3.35B — Palo Alto Networks beat Wall Street's fiscal first-quarter estimates after the bell on Wednesday and announced plans … | Jason Parham / Wired: |
Pornhub parent company Aylo sent letters to Apple, Google, and Microsoft urging the adoption of device-based age verification across their app stores and OSes — The company sent letters to Apple, Google, and Microsoft pushing for an alternative way to keep minors from viewing porn … | David Ingram / NBC News: |
Cornell researchers: xAI's Grokipedia cites neo-Nazi website Stormfront 42 times, Infowars 34 times, and white nationalist website VDare 107 times — An analysis by researchers at Cornell University is the first comprehensive look at Grokipedia since Musk launched his project last month.| Reuters: |
A Spanish court orders Meta to pay €479M to 87 Spanish digital media outlets for unfair competition practices and infringement of EU data protection regulations — A Spanish court has ordered that the multinational tech company Meta (META.O) pay 479 million euros ($552 million) … | Financial Times: |
How the AI Act became a case study for critics who say the EU puts regulation ahead of innovation, as the European Commission postpones a key part of the law — The birth of the Artificial Intelligence Act was a drawn-out, exasperating affair. — In December 2023, European officials laboured … | Sri Muppidi / The Information: |
Sources: SoftBank plans to invest up to $3B to remodel an EV plant in Lordstown, Ohio, that will produce equipment for OpenAI's forthcoming US data centers — SoftBank plans to invest up to $3 billion to remodel an electric vehicle plant in Lordstown, Ohio, that will produce equipment … | Patience Haggin / Wall Street Journal: |
Internal memo: Verizon CEO Dan Schulman says the company will begin notifying the 13,000+ employees impacted by its largest-ever round of layoffs — New CEO launches company's largest-ever round of cuts and says Verizon must reorient around ‘delighting’ customers| Chris Welch / Bloomberg: |
The CSA says Matter will support video cameras for the first time with Matter 1.5; Amazon and Google have not committed to making their cameras interoperable — The Matter smart home standard will soon allow mixing and matching of video cameras. But will Amazon and Google take part?| Kieran Smith / Financial Times: |
Nokia plans to split its AI operations into a separate unit from its telecom business, weeks after Nvidia invested $1B in Nokia; Nokia's stock closed down 6.98% — Split from telecoms operations comes as Finnish group pushes for growth from new technology — Nokia has unveiled plans … | Dan Goodin / Ars Technica: |
Microsoft warns that Copilot Actions in Windows, now in beta and off by default, can infect devices and pilfer data, prompting concern from security researchers — Microsoft's warning on Tuesday that an experimental AI agent integrated into Windows can infect devices and pilfer sensitive user data … | Will Knight / Wired: |
Google DeepMind hires former Boston Dynamics CTO Aaron Saunders as VP of hardware engineering, as Demis Hassabis envisions Gemini to become a sort of robot OS — DeepMind's chief says he envisions Gemini as an operating system for physical robots. The company has hired Aaron Saunders to help make that a reality.| New York Times: |
Investigation: as US Commerce Secretary Howard Lutnick promotes AI, including pressuring US allies, his companies and sons are cashing in on the AI projects — Howard Lutnick is helping push data center projects. His family companies are profiting from them.| Benedict Evans: |
| Sergiu Gatlan / BleepingComputer: |
The US, the UK, and Australia sanction Russian bulletproof hosting provider Media Land, which provided services to cybercrime marketplaces and ransomware groups — Today, the United States, the United Kingdom, and Australia announced sanctions targeting Russian bulletproof hosting (BPH) … | Natalie Lung / Bloomberg: |
Uber plans to launch sidewalk robot deliveries in Europe via a partnership with Starship, starting in UK cities Leeds and Sheffield in December — Uber Technologies Inc. will offer sidewalk robot deliveries in Europe for the first time through a new partnership with Starship Technologies Inc. … | Sidhartha Shukla / Bloomberg: |
Investors pulled $523M from BlackRock's IBIT bitcoin ETF on November 18, its largest single-day outflow ever; bitcoin fell ~30% from its October all-time high — Investors pulled more than half a billion dollars from BlackRock Inc.'s iShares Bitcoin Trust, the largest single-day outflow since … | Reuters: |
Google opens an AI infrastructure hardware engineering hub in Taipei, its biggest outside of the US, to develop and test tech to be deployed in its data centers — Alphabet's Google on Thursday opened in Taiwan its biggest artificial intelligence (AI) infrastructure hardware engineering centre outside … | Letterboxd: |
Letterboxd plans to launch the Letterboxd Video Store, a curated rental platform with undistributed festival standouts, restorations, and more, in December 2025 — Coming in early December: Letterboxd Video Store, our latest feature to get you adding films to your watchlist and, crucially, checking them off.| Bloomberg: |
How AI is pressuring Poland's economy, Europe's top location for global business services, as companies lay off staff in Krakow, the country's hub for BPO jobs — Krakow became a hub for business services jobs, driving salaries to the highest in Poland. Now the city is learning to live with artificial intelligence.| Miles J. Herszenhorn / Bloomberg: |
A US judge sentences William Lonergan Hill, a co-founder of crypto mixer Samourai Wallet, to four years in prison for laundering $200M+ in illegal transactions — One of the rare cryptocurrency prosecutions under the Trump administration led to a four-year prison term for a bitcoin wallet operator accused … | Dong Cao / Bloomberg: |
Sources: Chinese investment firm Capital Today bought ByteDance shares at a $480B valuation after a bidding war; ByteDance had a $330B valuation in September — A Chinese investment firm bought a block of ByteDance Ltd. shares at a valuation of $480 billion, far above recent levels … | Stephen Nellis / Reuters: |
Humain partners with Adobe and Qualcomm to develop AI tools for Arabic content, using Adobe's Firefly Foundry to build AI models and Qualcomm chips to run them — Adobe (ADBE.O) and Qualcomm (QCOM.O) said on Wednesday they are partnering with Humain, the artificial intelligence firm backed … | Mike Cherney / Wall Street Journal: |
How scientists are exploring the use of quantum sensors, developed by startups like Q-CTRL, as a secure GPS alternative with military and civilian applications — New devices navigate without satellites or risk of enemy jamming signals — GRIFFITH, Australia—At a tiny airport … | MacKenzie Sigalos / CNBC: |
Block expects gross profit to increase in the mid-teens YoY through 2028, reaching ~$15.8B, with adjusted operating income growing ~30% YoY; XYZ closed up 7.56% — Block said Wednesday that it expects gross profit to increase in the mid-teens annually for the next three years, reaching about $15.8 billion in 2028.
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