| Lily Hay Newman / Wired: |
Apple announces a “major evolution” of the Apple Security Bounty program, doubling its top award to $2M for exploit chains that could be abused for spyware — With the mercenary spyware industry booming, Apple VP Ivan Krstić tells WIRED that the company is also offering bonuses … | Mark Gurman / Bloomberg: |
Sources: Apple plans to move its health and fitness teams under Eddy Cue's Services, with Craig Federighi overseeing watchOS and John Ternus overseeing Watch — Apple Inc. is preparing to expand the roles of some top executives in response to the pending departure of longtime Chief Operating … | Financial Times: |
Sources: China tightens customs checks on chip imports, starting with Nvidia's H20 and RTX Pro 6000D, after urging local companies not to buy Nvidia's products — Stringent border checks come after Beijing orders tech companies to stop ordering US processors| Dylan Butts / CNBC: |
China bans TechInsights from working with or receiving data from Chinese entities, citing national security concerns, after a report on Huawei's Ascend AI chips — Beijing has banned semiconductor research firm TechInsights from working with or receiving data from Chinese entities … | Jason Koebler / Wired: |
Memo: Meta VP of Metaverse Vishal Shah tells his team to use AI to “go 5X faster” and expects 80% of them to integrate AI into their daily work by 2025's end — Mark Zuckerberg's metaverse chief is urging employees to adopt AI across every workflow as part of a broader shift inside the company.| Financial Times: |
The UK CMA designates Google with “strategic market status” in search and ads, but excludes Gemini; Google has warned such oversight could slow product launches — Big Tech company becomes the first to be designated with special status under strict new digital laws| Zack Whittaker / TechCrunch: |
Google says Cl0p hackers who exploited Oracle's E-Business Suite stole data from “dozens of organizations” since at least July 10, three months before detection — Security researchers at Google say hackers targeting corporate executives with extortion emails have stolen data from … | Dan Mangan / CNBC: |
President Trump threatens a “massive increase of Tariffs” on Chinese products, in response to export controls that China imposed on rare earth minerals — President Donald Trump on Friday threatened to slap a “massive increase of Tariffs” on Chinese products imported … | Fortune: |
Sources: Coinbase and Mastercard have each held talks to acquire stablecoin startup BVNK for $1.5B-$2.5B; a deal would be the largest stablecoin acquisition yet — Almost one year after the fintech giant Stripe struck a $1.1 billion deal to acquire the stablecoin startup Bridge … | Bill Toulas / BleepingComputer: |
The FBI seizes BreachForums domains used by ShinyHunters as a data leak extortion site for its Salesforce campaign, which the hacker group says is unaffected — The FBI has seized last night all domains for the BreachForums hacking forum operated by the ShinyHunters group mostly as a portal … | Sam Bourgi / Cointelegraph: |
Chainalysis: crypto balances tied to illicit activity exceed $75B, with ~$15B held by illicit entities and $60B+ in wallets with downstream exposure to them — Chainalysis says $75 billion in crypto tied to illicit activity could be recoverable — a figure that may influence nations weighing official crypto reserves.| New York Times: |
A look at Singapore-based Megaspeed, which bought nearly $2B of Nvidia tech and is under US investigation over if it helped Chinese companies evade export curbs — An executive of a Singaporean firm called Megaspeed socialized with Nvidia's Jensen Huang. Now the company is being scrutinized by U.S. officials for its ties to China.| Samantha Subin / CNBC: |
Campus, which is building an online alternative to community colleges, hires Meta's ex-VP of AI Jerome Pesenti as its CTO, and acquires his company Sizzle AI — Campus, a college startup backed by Sam Altman, has hired Meta's former AI Vice President Jerome Pesenti as its technology head, the company announced Friday.| Michael J. de la Merced / New York Times: |
Kalshi raised a $300M+ Series D at a $5B valuation, expands to 140 countries, and is on track for $50B in annualized trading volume, up from $300M in 2024 — The fund-raising round comes as online prediction marketplaces gain mainstream prominence. — Online prediction markets have jumped … | Oma Seddiq / Bloomberg: |
The Senate passes a measure requiring Nvidia and AMD to prioritize US customers over China for advanced AI chip sales, as part of its annual defense policy bill — Advanced artificial intelligence chipmakers Nvidia Corp. and Advanced Micro Devices Inc. would have to ensure US companies … | Politico: |
After Big Tech implemented a blackout on political advertising in the EU following a new law, the European Commission says it is in talks with Big Tech — Politicians and campaigners fear that an advertising law designed to improve transparency could stifle it.| David Morris / Bloomberg: |
Quantum computing company IonQ raises $2B by selling 21.5M shares and pre-funded warrants to Heights Capital at $93 each, a 20% premium over October 9's close — Quantum computing operator IonQ Inc. raised $2 billion in a sale of shares and pre-funded warrants to an affiliate … | Zach Vallese / CNBC: |
YouTube launches a pilot program to give “terminated creators” a “second chance” by letting them apply to create a new channel “and bring their voice back” — YouTube is offering creators who were banned from the platform a second chance.| Bloomberg: |
Google Cloud launches Gemini Enterprise, designed to help employees automate tasks and generate content across departments, priced at $30 per user per month — Google's cloud unit is launching an artificial intelligence platform called Gemini Enterprise that it hopes will reach everyday workers … | Alex Kantrowitz / Big Technology: |
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