Techmeme
November 27, 2025, 8:40 AM

Top News

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 …
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 …
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?
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  —  Taiwan prosecutors said on Thursday investigators had raided the homes of a former senior TSMC executive and seized computers …
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.
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 …
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 …
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 …
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 …

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Earlier Picks

Edith Hancock / Wall Street Journal:
Sam Sabin / Axios:
Reuters:
Hannah Erin Lang / Wall Street Journal: