| The Block: |
Binance says initial investigation suggests a compromised DevOps laptop may have enabled a ~$6.3B hack; Tether froze 1.5B+ USDT and Circle froze 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.| Tom Westbrook / Reuters: |
TRM Labs attributes the Binance hack to North Korea-based TraderTraitor, which drained ~$6.36B from Binance wallets across 10 blockchains, mostly in ~20 minutes — North Korean hackers were behind a $6.3 billion raid on cryptocurrency exchange Binance, according to US blockchain analysis firm TRM Labs.| George Steer / Financial Times: |
Binance “temporarily suspended” all deposits and withdrawals as it investigates security issues and works with law enforcement; Binance.US says it's unaffected — Tether and Circle freeze billions of dollars' worth of their coins as world's largest crypto exchange investigates security issue| South China Morning Post: |
| 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: |
| 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.| Katherine Doherty / Bloomberg: |
NYSE owner ICE plans US-regulated Hyperliquid-based perpetual markets with Trade.xyz, a market operator on the crypto platform, and takes a stake in Trade.xyz — Intercontinental Exchange Inc. joined forces with one of the market operators behind offshore crypto-trading platform Hyperliquid … | 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.| Jonathan Vanian / CNBC: |
| 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 … | 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| Kevin Collier / NBC News: |
CrowdStrike: China-linked hackers used AI tool ARTEX with a DeepSeek LLM and another model to target 200+ organizations in 11 days, compromising at least nine — Chinese state-linked hackers targeted more than 200 organizations in just 11 days, using AI to attack governments and businesses worldwide, according to CrowdStrike.| 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 … | Olga Kharif / Bloomberg: |
Coinbase reports Q3 revenue down 35% YoY to $1.22B, in line with est., and net income up 66% to $719M, its first profit in a year, on unrealized crypto gains — Coinbase Global Inc. returned to profitability for the first time in a year while posting a quarterly decline in revenue … | Cecilia D'Anastasio / Bloomberg: |
Roblox reports Q3 bookings down 12% YoY to $1.7B, vs. $1.63B est., and DAUs down 9% to 138M, vs. 145.8M est.; RBLX drops 16%+ after hours — Roblox Corp. reported a year-over-year decline in player engagement after deploying more robust child-safety measures.| Liz Moyer / Barron's Online: |
Pinterest reports Q3 revenue up 12% YoY to $1.17B, vs. $1.21B est., global MAUs up 10% to 661M, and forecasts Q4 revenue below est.; PINS drops 8%+ after hours — Choose Barron's as a preferred source of financial news — Key Points — Pinterest missed expectations and guided to lower … | Bloomberg: |
Source: Anthropic is “Customer B” cited by SpaceX in a filing as its single largest customer accounting for 34.5% of Q3 revenue, surpassing the US government — Anthropic PBC is SpaceX's largest single customer, a person familiar with the matter said, accounting for more than a third … | The Information: |
Sources: DeepSeek doubled its latest round's size due to surging black market Nvidia Blackwell chip prices, with Chinese state-owned investors representing 27% — Chinese AI star DeepSeek's nearly $16 billion funding round this month involved not only a deluge of capital but a who's … | MarketWatch: |
Sandisk reports Q1 revenue up 378% YoY to $11B, vs. $10.7B est., forecasts Q2 revenue above est., announces an 8-for-1 stock split; SNDK drops 4%+ after hours — Sandisk's stock has climbed more than 2,600% since the company separated from Western Digital 20 months ago - and it has one of the highest prices in the S&P 500| Anna Nicolaou / Financial Times:NEW |
Sources: Spotify aims to launch an AI product in Q1 2027 that lets subscribers create their own remixes and covers for ~$5 per month, pending licensing deals — Streaming service plans to charge users up to $5 a month to use the feature — Spotify is targeting an early 2027 launch … | Business Insider: |
Sources: Instagram is offering select creators $50K to $500K to cross-post their long-form YouTube content to its new “Features” product — Instagram wants what YouTube has — and it's willing to pay up to get it. — In an effort to persuade content creators to post long-form video … | 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 …
Introducing the new Zoho Analytics: Agentic analytics for every business — We're excited to announce the launch of the new Zoho Analytics! This release marks a major shift for the product, from being a self-service BI platform built for creating reports and dashboards … | 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 … | Wall Street Journal: |
Sources: Google, Meta, and other tech companies are resisting broad ICE demands for user data as they face future Democratic-led congressional investigations — As midterms near, Google, Meta and other tech firms resist broad ICE demands for user data as the agency scours platforms for immigration speech| Paresh Dave / Wired: |
How a wave of startups are betting on AI to make formal software verification practical and essential, including &Truth, which launches with a $70M seed — A new startup called &Truth is joining the race to automate formal verification, a painstaking process that uses math to prove software works as intended.
GitHub Universe 2026: Highlights from the developer's developer conference — Copilot Fusion was the belle of the ball, but the hero at the heart of the two-day event was the developer community.
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Introducing the new Zoho Analytics: Agentic analytics for every business — We're excited to announce the launch of the new Zoho Analytics! This release marks a major shift for the product …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
| Vittoria Elliott / Wired: |
| Radhika Rajkumar / ZDNET: |
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| Lauren McCarthy / New York Times: |
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