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October 24, 2025, 7:40 PM
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Top News

Eliza Gkritsi / Politico:
The EU accuses Meta and TikTok of violating their obligations to give researchers adequate access to public data on their platforms under the DSA  —  Move comes as EU faces pressure over enforcing its tech lawbooks.  —  BRUSSELS — The European Commission on Friday accused Meta and TikTok …
Kim Mackrael / Wall Street Journal:
EU accuses Meta under DSA of failing to give users easy ways to flag illegal content and adequate tools to appeal moderation decisions, in preliminary findings
Emily Nicolle / Bloomberg:
Sources: JPMorgan plans to allow institutional clients globally to use their holdings of bitcoin and ether as collateral for loans by end of year  —  JPMorgan Chase & Co. plans to allow institutional clients to use their holdings of Bitcoin and Ether as collateral for loans by the end …
Jess Weatherbed / The Verge:
OpenAI launches a “company knowledge” ChatGPT update to let Business, Enterprise, and Education users search for data in connected apps like Slack and GitHub  —  The ‘company knowledge’ update allows ChatGPT to be used as a search engine for workspace data.
Matt Day / Bloomberg:
Interviews with 23 current and ex-AWS employees and others about AWS' challenges, including intense competition, internal bureaucracy, and lackluster AI efforts  —  The company that basically invented the cloud business is widely perceived as trailing its rivals in artificial intelligence.
The Information:
With an influx of Meta alums, some OpenAI staffers worry it is adopting Meta's tactics, like using social media dynamics with Sora and a softening stance on ads  —  This summer, Fidji Simo wasted no time addressing a concern among many at OpenAI.  —  Leading her first all-hands meeting …
Zachary Small / New York Times:
Microsoft plans to bring its Halo franchise to the PlayStation for the first time with the launch of a 25th‑anniversary remake of Halo: Combat Evolved in 2026  —  As part of a strategic shift away from exclusivity, Microsoft is bringing Halo to Sony's competing console for the first time.
Bloomberg:
Tether CEO Paolo Ardoino says the company expects to earn close to $15B in profit in 2025, up from around $13B in 2024  —  Tether Holdings Ltd. expects close to $15 billion in profit this year, as the stablecoin issuer's rapid growth continues to attract investors keen to back the closely-held company.
Hannah Murphy / Financial Times:
Sources: X's advertising chief John Nitti, who joined in January, has left; X's CFO Mahmoud Reza Banki left in early October after less than a year in the role  —  John Nitti was considered a contender for CEO of the social media platform after Linda Yaccarino quit in July
Stephen Nellis / Reuters:
IBM says it was able to run a key algorithm for correcting qubit errors, which runs alongside quantum chips, on readily available AMD chips; AMD closes up 7.63%  —  IBM (IBM.N) said on Friday it is able to run a key quantum computing algorithm on commonly available chips from Advanced Micro Devices …
Wall Street Journal:
Sources detail how Sam Altman, Jensen Huang, Marc Benioff, and others brokered a call between SF Mayor Daniel Lurie and Trump to stop National Guard deployment  —  Sam Altman, Jensen Huang and Marc Benioff conferred with Mayor Daniel Lurie on how to persuade the president not to deploy the National Guard
Bloomberg Law:
Source: President Trump has picked Michael Selig, the chief counsel for the SEC's crypto task force, to chair the CFTC, amid a crypto push  —  President Donald Trump has picked Michael Selig to chair the Commodity Futures Trading Commission, according to an administration official …
Lizette Chapman / Bloomberg:
New York-based Valthos, which is developing AI tools to detect and prevent AI-enabled bioweapon attacks, raised $30M from OpenAI, Founders Fund, and Lux Capital  —  OpenAI, Founders Fund and Lux Capital have invested in Valthos, a startup using AI to try to prevent AI-enabled destruction.
Emily Mason / Bloomberg:
Crypto.com follows Circle, BitGo, and others in applying for a US bank charter, as it seeks to further its custody-service business for products such as ETFs  —  Crypto.com became the latest cryptocurrency firm to pursue a US bank charter as it seeks to further its custody-service business …

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From Mediagazer

Katie Kilkenny / The Hollywood Reporter:
SAG-AFTRA's board adopts a resolution to formally resist Paramount's WBD deal unless “enforceable safeguards” are established against a drop in production

A.J. Katz / The Wrap:
The Atlantic files to dismiss FBI Director Kash Patel's $250M defamation suit, calling it “politically motivated”, and seeks DOJ records to uphold its reporting

Dominic-Madori Davis / TechCrunch:
London-based European Technology Network, a TBPN-like news show livestreaming 5x per week on YouTube and X, raised a $1.6M seed from Axel Springer and others

More News

Jay Peters / The Verge:
Netflix shuts down Boss Fight Entertainment, the game studio behind mobile game Squid Game: Unleashed, after acquiring it in March 2022
Jeannine Amodeo / Bloomberg:
Sources: banks are preparing to launch a $38B debt sale to fund Oracle data centers, including $23.25B for a Texas data center and $14.75B for a Wisconsin site
Cecilia D'Anastasio / Bloomberg:
Pricempire: after Valve updated the exchange rate of Counter-Strike digital items, the market fell by $1.75B, or 25%, on October 23; in 2024, a gun sold for $1M

Earlier Picks

Marcus Mendes / 9to5Mac:
Apple says it may turn off App Tracking Transparency in Europe, citing “intense lobbying” in Germany and other countries over alleged anticompetitive conduct
Max Chafkin / Bloomberg:
Trump's pardon of CZ is a gift to the crypto industry, which has spent heavily to ease regulations and rewrite history to remove associations with criminality
Jennifer Maas / Variety:
EA and Stability AI announce a partnership to build game developer tools, including “smarter paintbrushes” to quickly generate high-quality 2D textures
Todd Bishop / GeekWire:
Amazon blames a rare software bug and “faulty automation” for this week's massive AWS glitch, and says it has turned off the flawed automation worldwide
Shirin Ghaffary / Bloomberg:
OpenAI acquires Software Applications Incorporated, which is building an AI-powered user interface for macOS and raised $6.5M from Sam Altman and others
Tom Warren / The Verge:
Microsoft unveils Mico, a new character for Copilot's voice mode that responds with real-time expressions and is enabled by default, available in the US
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