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October 11, 2025, 7:50 AM
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| Dan Mangan / CNBC: |
President Trump says that the US will impose an extra 100% tariff on imports from China and “Export Controls on any and all critical software” from November 1 — - CNBC Councils — CNBC on Peacock — Join the CNBC Panel — Supply Chain Values — Ad Choices
More: Yahoo Finance, MarketWatch, Bitcoin Insider, RTÉ, CNN, The Independent, Politico, The Guardian, RedState, WWD, The Kyiv Independent, Straight Arrow News, Fortune India, Supply Chain Dive, The Verge, Inc.com, Blaze Media, Fortune, Reuters, CoinDesk, Cointelegraph, CoinGape, BeInCrypto, Bitcoin Magazine, The Boston Globe, CNN, Benzinga, Reuters, CBS News, Financial Times, The Korea Herald, Forbes, UPI, Alternet.org, Business news, New York Times, Wall Street Journal, Fox News, Crypto Briefing, and Sky News
X: @whitehouse, @javierblas, @zephyr_z9, @trumpdailyposts, and @chrisrmcguire. Bluesky: @emilprotalinski. Truth Social: @realDonaldTrump …
| Sam Reynolds / CoinDesk: |
Crypto markets crashed after Trump threatened an extra 100% tariff on China, triggering $19.1B+ in liquidations, 10x+ the liquidations during the FTX crash — Trump's 100% tariff warning on China ignited a global sell-off that wiped out $16 billion in leveraged crypto longs and pushed Ethena's USDe to a rare sub-$1 print.| Sarah Perez / TechCrunch: |
Google adds a Chrome feature that automatically disables browser notifications from websites users haven't interacted with recently, on Android and desktop — Google's Chrome web browser is about to become much less noisy. — On Friday, the technology giant announced a new feature …
More: Chromium Blog, The Verge, Android Central, 9to5Google, Forbes, Neowin, Livemint, BleepingComputer, Android Authority, Engadget, and Android Police. Forums: r/Android
| Laura Noonan / Bloomberg: |
In a report, the G20's Financial Stability Board says regulators are in the early stages of tracking risks posed to the financial system by AI's rapid adoption — Regulators are still at an “early stage” in their efforts to track the risks posed to the financial system by the rapid adoption … | Lora Kolodny / CNBC: |
Leaked audio: Apple nears a deal to acquihire computer vision startup Prompt AI; it was approached by other potential suitors, including xAI and Neuralink — Apple is in late-stage talks to acquire top talent from computer vision startup Prompt AI, as well as the company's technology, CNBC has learned.
More: Neowin, PhoneArena, iClarified, The Verge, The Information, 9to5Mac, Appleosophy, and MacDailyNews. Forums: Slashdot
| Reuters: |
Ten major banks including Bank of America, Deutsche Bank, and UBS announce an early-stage project to explore issuing stablecoins pegged to G7 currencies — - Group includes US, UK, Swiss, Japanese, Canadian lenders — Banks seeking to find their way as stablecoin demand grows| Heather Knight / New York Times: |
Marc Benioff says President Trump is “doing a great job” and believes National Guard troops should be deployed to San Francisco to help reduce crime in the city — Mr. Benioff, the Salesforce C.E.O. and owner of Time magazine, once supported Hillary Clinton and a business tax for homeless services.
More: The Economic Times, TechCrunch, San Francisco Chronicle, NBC Bay Area, The Verge, Moneycontrol, The San Francisco Standard, ABC7, Implicator.ai, KTVU-TV, and SFist
X: @scott_wiener, @bizcarson, @patrickmoorhead, @brookejenkinssf, @benioff, @scottnover, and @maxwelltani
Bluesky: @self.agency, @markriedl, @parismarx.com, @mmasnick, @pbump.com, and @rmac
| Sharon Goldman / Fortune: |
Nathan Calvin, general counsel of AI safety nonprofit Encode, says OpenAI used intimidation tactics to undermine California's SB 53 while it was being debated — Nathan Calvin, the 29-year-old general counsel of Encode—a small AI policy nonprofit with just three full-time employees …
More: Moneycontrol, The Verge, The Decoder, and TechCrunch
X: @_nathancalvin, @tylerjnstn, @jachiam0, @sgandhi0, @_nathancalvin, @s_oheigeartaigh, @garymarcus, @_aidan_clark_, @lessig, @bradrcarson, @_nathancalvin, @_nathancalvin, @tylerjnstn, @elonmusk, @neelnanda5, @timsweeneyepic, @jasonkwon, @elonmusk, @binarybits, @codytfenwick, @elonmusk, @_nathancalvin, @garymarcus, @_nathancalvin, and @hlntnr
| Luke James / Tom's Hardware: |
Amkor breaks ground on advanced chip packaging campus in Arizona, with production expected by early 2028; state officials say Amkor's investment could reach $7B — Amkor moves in next door to TSMC as CHIPS Act funding continues to turn the Phoenix metro area into a chips hub.
More: Amkor Technology, Sherwood News, Manufacturing Dive, Verdict, DigiTimes, and eeNews Europe
| Moneycontrol: |
Prosus invests ~$146M in Indian travel app ixigo for a 10.1% stake; sources say Prosus plans to buy more shares from other investors to raise its stake to 15% — Peak XV Partners will sell about 3 percent to Prosus and Elevation Capital will sell another 2 percent to Prosus …
More: Reuters, Business Standard, Times of India, Entrackr, and Livemint. LinkedIn: Chandra R. Srikanth
| Athena Browning / Zag Daily: |
Filing: Lime's UK revenue rose 75% YoY to £111.3M in 2024, while its pre-tax profit fell to £1.71M, partly due to a £51.3M “reseller fee” paid to its US parent — Lime has reported a 75% jump in its UK revenue to £111.3 million in 2024 …
More: London Centric and The Standard
| Prakhar Srivastava / Reuters: |
Filing: corporate travel and expense management software maker Navan plans to raise up to $960M in a US IPO and is targeting a valuation of up to $6.45B — Corporate travel and expense company Navan said on Friday it was targeting to raise as much as $960 million in its initial public offering in the United States.
More: Inc.com, Tech in Asia, CNBC, TechCrunch, Navan, and Bloomberg
| Brody Ford / Bloomberg: |
Sources: Microsoft's US data center crunch will last through H1 2026, longer than previously outlined, as the company restricts new Azure cloud subscriptions — Microsoft Corp.'s data-center crunch will continue for longer than the company has previously outlined, underscoring … | Harshita Swaminathan / Bloomberg: |
Indian IT giant TCS cut 19,755 jobs in the quarter ended September 30, as strained US relations and a rapid shift to AI reshape India's $280B IT services sector — Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing.
More: The Economic Times, The Hindu, NDTV Profit, and Times of India
| Shashank Pathak / Entrackr: |
Google plans to invest $10B to build a new 1GW data center cluster near Visakhapatnam in Andhra Pradesh, India, with operations expected to begin by July 2028 — The project will include three campuses — Google is planning a massive push in India by investing $10 billion to build … | David Shepardson / Reuters: |
FCC Chair Brendan Carr says major US online retailers have removed several million listings for prohibited Chinese electronics as part of the agency's crackdown — - FCC says millions of listings for Chinese electronics on U.S. online retailer websites have been removed| Hugh Son / CNBC: |
Sources: Morgan Stanley told its financial advisors it will broaden access to crypto investments to all clients and allow such investments in any account type — Morgan Stanley on Friday told its financial advisors that the firm was broadening access to crypto investments to all clients … Sponsor Posts
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Hard Fork:
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