Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
October 28, 2025, 3:00 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Microsoft:
Microsoft now holds a ~$135B investment in OpenAI Group PBC, or a ~27% stake, down from 32.5%; OpenAI commits to purchase an additional $250B in Azure services  —  Since 2019, Microsoft and OpenAI have shared a vision to advance artificial intelligence responsibly and make its benefits broadly accessible.
Bret Taylor / OpenAI:
OpenAI completes its recapitalization, “simplifying” its structure; OpenAI Foundation now has equity valued at ~$130B and still controls the OpenAI for-profit  —  OpenAI has completed its recapitalization, simplifying its corporate structure.  The nonprofit remains in control …
Bloomberg:
Microsoft gets access to OpenAI tech through 2032, including models post-AGI but excluding consumer hardware; OpenAI can now develop products with third parties  —  OpenAI is giving its long-time backer Microsoft Corp. a 27% ownership stake as part of a restructuring plan that took nearly …
Bloomberg:
Amazon says it will cut ~14,000 jobs from its corporate workforce, after cutting 27,000 across 2022 and 2023; the company had 1.55M employees globally in June  —  Amazon.com Inc. plans to eliminate roughly 14,000 corporate jobs just months after Chief Executive Officer Andy Jassy warned that AI will shrink the company's workforce.
Jillian Deutsch / Bloomberg:
Nvidia plans to invest $1B in Nokia for a 2.9% stake in the company, an apparent vindication of its pivot from mobile networking to AI; NOK jumps 20%+  —  Nvidia Corp. plans to make a $1 billion equity investment in Nokia Oyj, an apparent vindication of the Finnish company's pivot …
NVIDIA on YouTube:
A recording of Nvidia's GTC October 2025 Keynote with CEO Jensen Huang
Washington Post:
Grokipedia, a Grok-based encyclopedia, launches with 885K+ articles, drawing from Wikipedia content; Elon Musk called it “a massive improvement” over Wikipedia  —  The right-leaning tech magnate is touting his own online encyclopedia as an unbiased alternative, but it went down after about an hour.
Jay Peters / The Verge:
xAI's Grokipedia says Grok fact-checked its entries and some “content is adapted from Wikipedia”; some pages, like the PS5's, are almost identical to Wikipedia  —  Some of Grokipedia's pages say that content is ‘adapted’ from Wikipedia.
Steven Adler / New York Times:
An ex-OpenAI staffer of four years says it isn't doing enough to protect users, especially those with mental health issues, and needs to offer more than words  —  I've read more smut at work than you can possibly imagine, all of it while working at OpenAI.  —  Back in the spring of 2021 …
Jess Weatherbed / The Verge:
At its Adobe Max event, Adobe unveils AI tools for Photoshop, Premiere Pro, and Lightroom, and says Firefly Image 5 can generate images in native 4MP resolution  —  Adobe's Creative Cloud and Firefly apps are adding new ways to do labor-intensive photo and video editing tasks for you.
Financial Times:
Truth Social launches Truth Predict, a prediction market platform in partnership with Crypto.com to let users trade on major current events like elections  —  US president's social media platform enters prediction market sector  —  Donald Trump's Truth Social platform is to offer users …
Vicky Ge Huang / Wall Street Journal:
Western Union plans to launch a dollar-backed stablecoin, USDPT, that is built on the Solana blockchain and issued by Anchorage Digital Bank, in H1 2026  —  Company plans to launch its own stablecoin in 2026  —  One of the oldest payments networks is stepping into the digital age.
Hugh Son / CNBC:
PayPal CEO Alex Chriss says the company signed a deal with OpenAI to let shoppers use PayPal's digital wallet in ChatGPT to pay for items, starting in 2026  —  PayPal has signed a deal with OpenAI to have its digital wallet embedded into ChatGPT so users can pay for items found through …
Bloomberg:
PayPal reports Q3 revenue up 7% YoY to $8.4B, total payment volume up 8% to $458.1B, above $450.3B est., and raises its FY 2025 EPS forecast; PYPL jumps 10%+
Ina Fried / Axios:
Sam Altman says OpenAI has committed to spend about $1.4T on infrastructure so far, equating to roughly 30GW of data center capacity  —  OpenAI has committed to spend about $1.4 trillion on infrastructure so far, equating to roughly 30 gigawatts of data center capacity, CEO Sam Altman said on Tuesday.
Forums: Slashdot
Tim Bradshaw / Financial Times:
Substrate, which aims to challenge TSMC, raised $100M+ from Founders Fund, General Catalyst, and others at a $1B+ valuation as it seeks to boost US chip making  —  Substrate plans to use particle accelerators to lower cost of chip manufacturing  —  Silicon Valley investors …
Emma Roth / The Verge:
After AWS's major outage, Signal's Meredith Whittaker says there “isn't really another choice” but to use AWS and “the entire stack” is “owned by 3-4 players”  —  Meredith Whittaker is using the AWS outage as an opportunity to highlight the 'concentration …
Financial Times:
Visible Alpha: Apple's Services unit revenue is set to hit $108.6B in the year to September, its first time above $100B and up 13% YoY, ahead of its Q4 results  —  Tech giant's high-margin unit has doubled in size over the past five years  —  Apple is set to top $100bn in annual revenues …
David Gewirtz / ZDNET:
GitHub plans to launch Agent HQ, a hub to let developers access third-party AI coding agents, including Claude and OpenAI's Codex, in the coming months  —  ZDNET's key takeaways  — GitHub launches Agent HQ to unite Codex, Claude, and Jules.  — Developers can now manage multiple AI agents side by side.
Liz Napolitano / CNBC:
Securitize, a blockchain company that tokenizes investments, files to go public via a SPAC started by Cantor Fitzgerald, valuing Securitize at $1.25B pre-money  —  Securitize, the “real world assets” platform that powers BlackRock's tokenized money market fund, will go public through a merger …

Sponsor Posts

Google:
Reimagine your photos with a prompt  —  Our new native image generation and editing is state-of-the-art, and ranked #1 in the world.  Try it for free in the Gemini app.
Zoho:
Your top questions answered: What's new in Zoho Writer's fillable templates  —  See how the newest fillable form features help you improve accuracy, efficiency, and user experience.We've been getting users' feedback …
Sevalla:
Sevalla - PaaS from the future  —  Deploy your app before your coffee gets cold.  It's that simple.  Application, database, object storage and free static site hosting.  Start with $50 free credit!
Bitrix24:
Bitrix24 powers the next generation of high-performing businesses  —  Chat, projects, CRM, and automation — all in one place.  Replace dozens of tools so your team moves faster, collaborates smarter, and grows effortlessly.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Decoder with Nilay Patel:
 Ring's Jamie Siminoff thinks AI can reduce crime
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Grit:
 Synthetic Data and the Future of AI | Cohere CEO Aidan Gomez
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
 The Godmother of AI on jobs, robots & why world models are next | Dr. Fei-Fei Li
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
 Inside The AI Bubble: Debt, Depreciation, and Losses — With Gil Luria
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
 Data Centers in Space + A.I. Policy on the Right + A Gemini History Mystery
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Great Chat:
 Turns out, there's still a line (don't mock the pope)
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:00 PM ET, October 28, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Jem Bartholomew / Columbia Journalism Review:
How right-wing forces struck a coordinated blow to the BBC using a single incautious Panorama edit, after years of attacks by UK conservatives on the BBC

Wall Street Journal:
Filing: Sinclair built an ~8% stake in E.W. Scripps and is vying to acquire the local TV broadcaster; Scripps has a market value of ~$270M and Sinclair $1.1B

Press Gazette:
The Telegraph seeks a quick auction after Redbird dropped its £500M bid; former bidders, including Spectator owner Paul Marshall, could re-enter the race

More News

Joanna Stern / Wall Street Journal:
A look at 1X's $20K Neo humanoid housekeeper robot, controlled remotely by a human with a VR headset, available now for preorder, with delivery expected in 2026
Reuters:
Skyworks buys rival Qorvo for ~$9.76B in a cash-and-stock deal, forming a $22B combined company that supplies radio-frequency chips to Apple and others
Tage Kene-Okafor / TechCrunch:
Mem0, which aims to build a “memory passport” so users' AI memory can travel across their devices, apps, and agents, raised $24M, including a $20M Series A
Subrat Patnaik / Bloomberg:
Apple crosses a $4T market cap in intra-day trading, making it only the third public company ever to reach the milestone; AAPL is up 56% since its April low

Earlier Picks

Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter