| Reuters: |
The EC says it got notification from Apple that Apple Ads and Apple Maps likely meet DMA thresholds; Apple says the services should not be called “gatekeepers” — The European Commission said on Friday that Apple's (AAPL.O) Apple Ads and Apple Maps likely meet the thresholds to be considered … | Bloomberg: |
China's top economic planning agency warns about the risk of a bubble forming in the booming humanoid robotics industry; 150+ manufacturers operate in China — China's powerful economic-planning agency warned of the risks of a bubble forming in the country's humanoid robotics industry … | Kang Yoon-seung / Yonhap News Agency: |
Sources: South Korean authorities suspect North Korean hacking group Lazarus of the $30M+ Upbit hack, which used methods resembling those of a 2019 Upbit theft — North Korean hacking group Lazarus is suspected to be behind a recent breach of around 45 billion won (US$30.6 million) … | Alex Forbes-Calvin / GamesIndustry.biz: |
Tim Sweeney says it “makes no sense” for stores like Steam to label games that are made using AI, since AI “will be involved in nearly all future production” — “It makes no sense for game stores, where AI will be involved in nearly all future production.”| Financial Times: |
OpenAI's data center partners are set to rack up nearly $100B in debt; sources say banks may lend another $38B to Oracle and Vantage to build more OpenAI sites — Cloud companies and developers rely on lossmaking start-up to repay huge loans — OpenAI's data centre partners are on course … | Reuters: |
CME Group says futures trading on its markets, including for the S&P 500 and Nasdaq, was halted on November 28 due to a cooling issue at CyrusOne's data centers — An outage at the world's biggest exchange operator, CME Group, has halted trade on its currency platform … | Politico: |
French President Emmanuel Macron criticizes the EU for being too slow to act on probes into Big Tech companies, attributing the delay to US pressure against DSA — French President Emmanuel Macron said Brussels is too slow in its handling of probes into American Big Tech companies due to U.S. pressure over the EU's digital laws.| Politico: |
| @mingchikuo: |
| Jagmeet Singh / TechCrunch: |
Indian e-commerce platform Meesho is set to launch an India IPO, seeking to raise $606M, targeting a post-issue valuation of ~$5.60B — Meesho, an Indian e-commerce rival to Amazon and Walmart-owned Flipkart, is set to launch a roughly $606 million IPO marked by token sell-downs from early backers … | Stanford University: |
| Daniel Thomas / Financial Times: |
Getty CEO Craig Peters says Getty may rethink its UK presence if the CMA blocks its Shutterstock deal, arguing the CMA is overlooking AI's impact on imaging — CEO says competition watchdog is overlooking how quickly AI is reshaping image generation — Getty Images boss Craig Peters … | Luz Ding / Bloomberg: |
Meituan reports Q3 revenue up 2% to $13.4B and a $2.3B adjusted net loss, worse than $1.9B est., its first loss since 2022, amid a price war with JD and Alibaba — Meituan posted its first loss in almost three years, reflecting the toll of a three-way battle with Alibaba Group Holding Ltd … | Sangmi Cha / Bloomberg: |
MediaTek's stock posted its best week since 2002, up 22%, amid enthusiasm over Google's Gemini 3 and chip deals; MediaTek was reported as Google's TPU partner — MediaTek Inc. shares are poised for their best week since 2002, as artificial intelligence advances at its client Google help reshape … | Beatrice Nolan / Fortune: |
Gravis Robotics, which adds cameras, sensors, and AI to heavyweight construction machines so they can operate autonomously, raised $23M led by IQ and Zacua — Gravis Robotics, a Zurich-based startup that is turning heavyweight construction machines into autonomous robots … | Bloomberg: |
Sources: Temasek is in talks to buy a ~5% stake in Quest Global, in a deal that values the engineering services company at $4.6B in the lead-up to its India IPO — Singapore state investor Temasek Holdings Pte is in advanced talks to buy a stake in Quest Global Services Pte …
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| Sarah Jacob / Bloomberg: |
| Jesse Whittock / Deadline: |
| Christina Kyriasoglou / Bloomberg: |
| Blake Brittain / Reuters: |