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October 29, 2026, 9:10 PM
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The Block:
Binance says it is investigating a “potential security issue” as suspicious outflows reach up to $5.8B; Tether freezes 1.5B+ USDT, Circle freezes 800M+ USDC  —  Onchain data shows about $3.55 billion in incoming transfers to the unlabeled wallet, with nearly $900 million subsequently moved across other wallets.
Amazon:
Amazon reports Q3 revenue up 12% YoY to $201.94B, vs. $202.31B est., net income down 2% to $20.7B, forecasts Q4 revenue below est.; AMZN drops 7%+ after hours  —  Operating income was $28.1 billion and operating margin was 13.9%—Amazon's highest operating margin ever AWS net sales increased 39.3% …
Annie Palmer / CNBC:
Amazon reports Q3 ad revenue up 11% YoY to $19.64B, vs. $20.82B est., and subscription services revenue up 11% YoY to $14B
New York Times:
US officials believe Megaspeed executive Alice Huang, who has a close relationship with Jensen Huang, is a Chinese asset; Trump was briefed and took no action  —  Jensen Huang, the chief executive of Nvidia, is influential at the White House on technology policy and has developed …
Stephen Morris / Financial Times:
Alphabet's stock falls 12.3%, wiping a record $500B from its market cap, after reporting negative cash flow amid its AI spending; the Nasdaq falls 1.4%  —  Google owner admits ‘AI mode’ has hurt traditional search as sales and profits undershoot expectations
Lauren Forristal / TechCrunch:
Google plans to expand “high-quality ads within AI Overviews in AI Mode” into international markets, as growth in its core search ad business slows
Simon Sharwood / The Register:
Google reports Search revenue up 12% YoY to $63.25B in Q3 2026, down from 14.5% in Q3 2025, and attributes the slowdown to “lower monetization” in AI Mode
Katie Tarasov / CNBC:
Intel reports Q3 revenue up 21% YoY to $16.5B, vs. $16.5B est., and forecasts Q4 revenue and adjusted EPS below estimates; INTC drops 23%+ after hours  —  Intel shares plummeted more than 20% in extended trading on Thursday after the chipmaker issued a weak fourth-quarter forecast, citing continued softness in the global PC market.
Sara Fischer / Axios:
Reddit plans to require users to log in to fully access the site in response to AI scraping, and to begin tests in select markets outside the US this quarter  —  Reddit on Thursday said it's moving to become a primarily logged-in experience, marking one of the most significant shifts in its 21-year history.
Reuters:
DoorDash agrees to acquire Instacart in a ~$17B deal, paying $65 per share, a 26% premium to its October 22 close, as the platform delivery market consolidates  —  DoorDash (DASH.O) said on Thursday it would buy Instacart (CART.O) in a deal valued at about $17 billion, stepping up its push …
Radhika Rajkumar / ZDNET:
Mistral releases the weights for Mistral Large 4, or Le Chonk, and says it rivals top open models such as GLM-5.3 on the Artificial Analysis Coding Agent Index  —  Mistral has released the weights for Large 4, along with some impressive Artificial Analysis scores.  —  ZDNET's key takeaways
Phoebe Liu / The Information:
Sources: Nvidia is in talks to provide Nscale with billions of dollars in credit guarantees for debt to develop a 460MW data center that Anthropic plans to use  —  Nvidia is in talks to provide Nscale, a young AI cloud provider, with billions of dollars in credit guarantees for debt to develop …
Reuters:
Polymarket resumes trading after a security incident with a third-party provider, which a source says is DebugBear, and says it will reimburse affected traders  —  Polymarket said on Thursday it had restored trading after a temporary halt prompted by a security incident involving a third-party provider …
Vittoria Elliott / Wired:
Sources: an Accenture staffer's Claude agent ran on a DOD network for two months and appears to have sent info to a third-party site before it was identified  —  Sources tell WIRED that an Accenture employee's personal Claude agent ran on a DOD network for two months before it was identified and the vulnerability could be patched.
Bloomberg:
Canada-based Cohere completes the first close of a round that it expects to total up to $5B, with Canada agreeing to invest up to $1.14B, at a $20.5B valuation  —  Cohere Inc., an artificial intelligence model maker, is in the process of raising a large funding round at a $20.5 billion valuation …
Andy Larsen / Salt Lake Tribune:
Utah files 14 criminal charges against Kalshi and its co-founders Tarek Mansour and Luana Lopes Lara for allegedly breaking Utah's gambling laws  —  The state of Utah has filed 14 criminal charges, including 13 felony counts, against the prediction market site Kalshi and its co-founders …
OpenAI:
OpenAI updates Model Spec to reorganize it around five values: faithfulness to human intent, harm minimization, honesty and transparency, human agency, and care  —  As our models get smarter and take more consequential actions in the world, it becomes increasingly important that they go beyond …
More: Unite.AI.  X: @andrewcurran_, @w01fe, and @boazbaraktcs.  Forums: r/accelerate
John Collison / Cheeky Pint:
Q&A with Sam Altman on finding PHP bugs, sandboxing superhuman models as an unsolved safety dilemma, robotics scaling data centers, math, agent swarms, and more  —  Sam Altman, CEO of OpenAI, joins John to break down how models uncovered critical PHP vulnerabilities …
Reuters:
Sources: the Pentagon is treating the late August freezer malfunctions across 6+ military bases as a suspected cyberattack and is working with French police  —  The Pentagon is treating the spate of mysterious freezer malfunctions that spoiled food at military bases across the United States …
Lauren McCarthy / New York Times:
Kalshi raised $1B led by Sequoia and Wellington Management at a $40B valuation, up from a $22B valuation after raising $1B in May, its last raise before an IPO  —  The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket.
Julie Bort / TechCrunch:
Andy Jassy says Prime Video has “a revenue run rate in the tens of billions of dollars and is now profitable in its own right”  —  It's been four years since Amazon bought MGM for $8.5 billion.  But coming off the blockbuster success of this year's hit movie Project Hail Mary …

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This is a Techmeme archive page. It shows how the site appeared at 9:10 PM ET, October 29, 2026.

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From Mediagazer

Jeremy Barr / The Guardian:
President Trump says Fox News “bears responsibility” for the GOP's losses after “constantly and consistently putting on the Dumocrat opposition, and worse”

Katie Robertson / New York Times:
NYT adds 420K net digital-only subscribers in Q3, boosting total paid subscribers to 13.8M, keeping it on pace to meet a goal of 15M subscribers by 2027's end

Alex Weprin / The Hollywood Reporter:
As Democrats take the House and the Senate, David Ellison and other media executives are likely to face inquiries and hearings over their deals and Trump ties

More News

Earlier Picks

Kali Hays / BBC:
Vladimir Putin praises Elon Musk as a “real genius” and says Russia is in “close contact” with Musk and the US to coordinate Rassvet and Starlink satellites
Federico Viticci / MacStories:
Apple's touchscreen MacBook Pro is designed for the iPad generation, with an optimized macOS, and the company is right to move on from Steve Jobs' skepticism
Wired:
Bluesky blocks links to a leaked archive containing personal data of 41,000+ DHS employees and contractors, saying it was “shared without their authorization”
Rolfe Winkler / Wall Street Journal:
How surging demand from AI hyperscalers has quintupled flash memory prices and shifted market and negotiating power from Apple to suppliers like Kioxia
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