| Bloomberg: |
Taiwanese prosecutors search Intel VP Lo Wen-jen's homes days after TSMC alleged he leaked sensitive info, suggesting the government is deepening its probe — Prosecutors have searched the homes of a former Taiwan Semiconductor Manufacturing Co. executive accused of potentially leaking trade secrets … | Reuters: |
Intel denies allegations in a TSMC lawsuit that VP Wei-Jen Lo likely leaked trade secrets after retiring from TSMC and joining Intel — Intel (INTC.O) on Thursday denied allegations by Taiwanese chipmaker TSMC (2330.TW) that one of the U.S. firm's executives, Wei-Jen Lo, had leaked trade secrets.| Emily Nicolle / Bloomberg: |
The S&P downgrades the ability of Tether's USDT to maintain its US dollar peg to “weak”, the lowest rating, citing exposure to high-risk assets such as bitcoin — The ability of Tether's USDT stablecoin to maintain its peg to the US dollar has been downgraded to the lowest rating … | OpenAI: |
OpenAI says a Mixpanel security incident on November 9 let a hacker access API account names and more, but not ChatGPT data, and it terminated its Mixpanel use — Transparency is important to us, so we want to inform you about a recent security incident at Mixpanel, a data analytics provider OpenAI used … | Sidhartha Shukla / Bloomberg: |
South Korean crypto exchange Upbit suspended deposits and withdrawals after saying ~$30M worth of Solana tokens were moved to an unauthorized external wallet — Upbit has suspended deposits and withdrawals after it discovered an unauthorized transfer of about $30 million of digital assets … | Yuliya Chernova / Wall Street Journal: |
San Francisco Compute, which provides a marketplace for AI computing capacity, raised a $40M Series A led by DCVC and Wing Venture Capital at a $300M valuation — Helping AI developers rent out excess computing capacity will reduce the risk of data-center overbuilding, the startup says| MacKenzie Sigalos / CNBC: |
An MIT study finds that AI can replace 11.7% of the US labor market, or ~$1.2T in wages, based on the “Iceberg Index”, which measures job automation potential — Massachusetts Institute of Technology on Wednesday released a study that found that artificial intelligence … | Sam Sabin / Axios: |
Clover Security, whose AI agents plug into developer platforms like GitHub to predict and detect security flaws, raised $36M led by Notable Capital and Team8 — Clover Security has nabbed $36 million in funding from a slew of high-profile industry stalwarts, including Wiz co-founders Assaf Rappaport … | Bloomberg: |
Alibaba starts selling Quark S1, its first smart glasses powered by its Qwen AI models, for ~$537 in China, and plans to release international versions in 2026 — Alibaba Group Holding Ltd. began sales of its first smart glasses powered by its Qwen AI models, marking a rare foray into consumer hardware.| Eliza Gkritsi / Politico: |
The EU Parliament backs a report that sets a 16+ age limit for accessing social media without parental consent and holds CEOs personally liable for violations — Call comes as several EU countries prepare to restrict social media for kids. — The European Parliament on Wednesday called … | Ernesto Van der Sar / TorrentFreak: |
Six years after EU law enforcement raids shut down German cyberlocker Share-Online, a German court sentences its operator to a two-year suspended prison term — Six years after massive raids shut down the German cyberlocker Share-Online.biz, this week the site's operator was sentenced to a two-year suspended prison term.| Kirsten Korosec / TechCrunch: |
Point One Navigation, which develops precise location tech, raised a $35M Series C led by Khosla Ventures, a source says at a $230M post-money valuation — For San Francisco-based startup Point One Navigation, the value of ‘location, location, location’ extends well beyond real estate.| Financial Times: |
Sources: Alibaba and ByteDance are among the top Chinese companies training their latest LLMs in Southeast Asian data centers to access Nvidia's AI chips — Alibaba and ByteDance shift development to south-east Asia to sidestep US curbs — Top Chinese companies are training … | Nicholas Fearn / Financial Times: |
London-based AI video startup Synthesia says its ARR reached $100M by April 2025, after reporting 2024 revenue up 82% YoY to $58M and a pre-tax loss of $59M — Seeing limited potential in its niche dubbing product, Synthesia built an AI tool to appeal across industries| Mary Ann Azevedo / Crunchbase News: |
Coverbase, an AI procurement and risk platform provider, raised a $16.5M Series A led by Canapi Ventures, bringing its total funding to $20M — Coverbase, an AI-powered procurement platform, has raised $16 million in a Series A round led by Canapi Ventures, the startup tells Crunchbase News exclusively.
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| Edith Hancock / Wall Street Journal: |
| Sam Sabin / Axios: |
| Reuters: |
| Jenny Che / Bloomberg: |
| Hannah Erin Lang / Wall Street Journal: |
| Zac Hall / 9to5Mac: |