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October 11, 2025, 4:15 PM
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memeorandum
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| 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.
More: Bloomberg, Blockworks, Salesforce, TechCrunch, CNN, The Coin Republic, Crypto Briefing, Telegraph, Forbes, NullTX, Blockonomi, Cryptonews, Bitcoinist.com, RTÉ, Euro Weekly News, Blockchain.News, Bitcoin Insider, ZeroHedge News, Bloomberg, The Crypto Times, DigiTimes, Coinpedia Fintech News, CoinGape, The Guardian, Straight Arrow News, TheStreet, Cointelegraph, Yahoo Finance, BeInCrypto, Sky News, Reuters, Scripps News, and Coinspeaker
X: @coinglass_com and @ashcryptoreal. LinkedIn: Kelvin Low. Bluesky: @whatevr11. Truth Social: @realDonaldTrump …
| Wall Street Journal: |
Thinking Machines Lab co-founder Andrew Tulloch has left to join Meta; he reportedly declined Zuckerberg's offer of a $1.5B+ package in August — Andrew Tulloch is the latest big-name AI researcher to join the social-media giant — A co-founder of Mira Murati's Thinking Machines Lab …
More: TechCrunch, The Economic Times, and Reuters
| 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, Thurrott, The Verge, Android Central, KnowTechie, Forbes, 9to5Google, Neowin, Livemint, Engadget, BleepingComputer, Android Authority, and Android Police. Forums: r/Android
| Eric Slivka / MacRumors: |
Apple discontinues Clips, a video editing app it launched in 2017, removing it from the App Store for new users, and says Clips will no longer be updated — Apple has essentially discontinued Clips, its video-editing app designed to allow users to combine video clips, images …
More: TechCrunch, Apple Support, 9to5Mac, The Verge, AppleInsider, and iThinkDifferent
Bluesky: @petersterne.com, @eshumarneedi.com, @snell.zone, @dysamoria.com, and @sifill
Forums: r/apple and MacRumors Forums
| 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 … | Billy Perrigo / Time: |
A look at Figure AI's new robot, Figure 03, which the company claims will be its first mass-producible humanoid capable of domestic chores and industrial labor — A dozen or so young men and women, eyes obscured by VR headsets, shuffle around a faux kitchen inside a tech company's Silicon Valley headquarters.
More: Dexerto, The Robot Report, Inc.com, and Analytics India Magazine
X: @kylebrussell. LinkedIn: Pete Randaccio. Bluesky: @prietschka. Forums: r/Futurology and r/singularity
| Linda Yulisman / Rest of World: |
Indonesia's film industry is embracing AI tools to produce Hollywood-style movies at a significantly lower cost; the average local film budget is about $602,500 — Generative AI video and text tools are transforming some of the labor-intensive parts of filmmaking, and are largely welcomed in Indonesia's homegrown industry.
More: Los Angeles Times. X: @alexnguyen65 and @rinachandran
Threads: @ben.makinen, @rebeltechx, and @restofworld
| Mike Isaac / New York Times: |
How TBPN's daily livestream became the preferred news show of tech insiders, as it taps into the “who's up, who's down” part of Silicon Valley culture — Inside a film studio lot in Hollywood on a Tuesday morning in August, Jordi Hays, a 29-year-old entrepreneur, ran into the frame of a live shot, waving a giant red flag.| Stephen Witt / New York Times: |
Interviews with security researchers about AI's potential for large-scale destruction, as experts remain divided and global regulatory frameworks lag — How much do we have to fear from A.I., really? It's a question I've been asking experts since the debut of ChatGPT in late 2022.
X: @unplugaiuk, @dw2, @janzilinsky, @robinhanson, @yoshua_bengio, and @stephenwitt
LinkedIn: Alec Crawford, Yoshua Bengio, and Jaime Yassif, Ph.D.
Bluesky: @taumuyi, @amirattaran, @yoshuabengio, @dbcurren, @danieldrepper, @jasonrosenbaum, @dw-2, and @thecursingpoet. Threads: @fil.menczer. Mastodon: @DavidSteele@mastodon.social
| Edward Ludlow / Bloomberg: |
Analysis: in 2025, tech companies have raised about $157B in the US bond markets, up 70% from last year, as debt seeps into every corner of the AI economy — Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg's journalists around the world.| Jeanny Yu / Bloomberg: |
An index of Chinese chip stocks is outperforming global peers, surging 50% since the end of June, amid rising investor caution about soaring valuations — China's chip stocks have staged a world-beating rally in the past few months on the nation's self-sufficiency push …
More: Bloomberg Law
| Nathan Lambert / Interconnects: |
Thoughts on The Curve conference, where prominent figures debated about AI progress, and why automating research engineers is plausible within years — The conference and the trajectory. — ARTICLE VOICEOVER … Audio playback is not supported on your browser. Please upgrade.| 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| 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 growsSponsor Posts
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IDrive:
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Great Chat:
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Channels with Peter Kafka:
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