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November 27, 2025, 4:50 PM
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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 …
Bloomberg:
Alibaba starts selling Quark S1, its first smart glasses powered by its Qwen AI models, for ~$537 in China, and plans to release international versions in 2026  —  Alibaba Group Holding Ltd. began sales of its first smart glasses powered by its Qwen AI models, marking a rare foray into consumer hardware.
Brian Krebs / Krebs on Security:
A profile of “Rey”, the admin of cybercriminal group Scattered LAPSUS$ Hunters, a 15-year-old from Amman, Jordan, who cooperated with European police since June  —  A prolific cybercriminal group that calls itself “Scattered LAPSUS$ Hunters” has dominated headlines this year …
Bloomberg:
Taiwanese prosecutors search Intel executive Wei-Jen Lo's homes days after TSMC alleged he leaked sensitive info, suggesting Taiwan is deepening its probe  —  Prosecutors have searched the homes of a former Taiwan Semiconductor Manufacturing Co. executive suspected of leaking trade secrets to Intel Corp. …
Reuters:
Intel denies allegations in a TSMC lawsuit that former TSMC executive Wei-Jen Lo likely leaked trade secrets after retiring from TSMC and joining Intel
Politico:
EU lawmakers agree on new rules that hold platforms like Meta and TikTok liable for financial scams that have been reported, requiring them to compensate banks  —  The new rules set a dangerous precedent, big tech companies say.  —  BRUSSELS — Platforms including Meta and TikTok …
Reuters:
EU states agree on a position on draft child protection legislation without forcing Big Tech to find and remove CSAM, and will now negotiate with EU lawmakers
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 …
Christina Kyriasoglou / Bloomberg:
Germany-based Quantum Systems, which sells surveillance drones that are being used by Ukraine, raised €180M, tripling its valuation to €3B since May  —  Quantum Systems, a German drone maker backed by Peter Thiel, boosted its valuation to €3 billion ($3.5 billion) …
More: Reuters
Bryce Elder / Financial Times:
Jefferies: Tether, which said it held 116 tons of gold in September, is “the largest holder of gold outside central banks”, buying 26 tons in Q3 and 24 in Q2  —  Remember about a month ago, when gold hit an all-time high, lots of commentators got on their hobby horses to huff about currency debasement?
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
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 …
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 …

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From Mediagazer

Charlie Warzel / The Atlantic:
Q&A with Emanuel Fabian, who says he faced death threats from Polymarket bettors over his reporting on a missile strike in Israel, making him doubt what he saw

Lauren Forristal / TechCrunch:
Tubi partners with TikTok to launch the Creatorverse Incubator, giving creators support like promotions and potential funding to make Tubi originals

Lucas Manfredi / The Wrap:
Disney CEO Josh D'Amaro details priorities in a staff memo: maintaining creative excellence, leveraging technology, and operating as “One Disney” to align teams

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