| Bloomberg: |
Brian Armstrong ended Coinbase's Q3 earnings call by saying certain words that Kalshi and Polymarket users had wagered would be mentioned during the call — When Coinbase Global Inc.'s quarterly earnings call wrapped up Thursday, its chief executive, Brian Armstrong, didn't finish with profit guidance or statements of confidence.| Mayumi Negishi / Bloomberg: |
NEC to buy US-listed CSG, a SaaS provider of customer care and billing services for telcos and other companies, for ~$2.9B in a deal expected to close in 2026 — Japan's NEC Corp. is buying CSG Systems International Inc., a US supplier of customer care and billing services for telecom companies … | Shashank Pathak / Entrackr: |
Mumbai-based Snapmint, a BNPL partner to brands that lets consumers pay in monthly instalments via India's UPI, raised a $125M Series B led by General Atlantic — Buy now pay later startup Snapmint has raised $125 million in its Series B funding led by General Atlantic … | Carmen Arroyo / Bloomberg: |
Tech companies, including Meta and xAI, are using SPVs to raise tens of billions for AI data centers, letting them keep the debt off their balance sheets — Just this month, Meta Platforms Inc. has secured about $60 billion in capital to build data centers, part of its spending to get ahead in the artificial intelligence race.| Meghan Bobrowsky / Wall Street Journal: |
In their latest earnings reports, Meta, Alphabet, Microsoft, and Amazon have announced plans to increase their AI spending in 2026 to a combined $400B — Meta, Alphabet, Microsoft and Amazon will increase spending in 2026; ‘Are we in a bubble?’ — Silicon Valley's biggest companies … | Bloomberg: |
Sources: Coinbase is in late stage talks to buy stablecoin infra startup BVNK in a ~$2B deal; Coinbase expects to close the deal later this year or early 2026 — Leading US crypto exchange Coinbase Global Inc. is in late-stage talks to acquire stablecoin infrastructure startup BVNK … | Sarah Perez / TechCrunch: |
Bluesky says it has hit 40M users and plans to launch “dislikes” in beta to tailor content rankings and reply rankings — Social network Bluesky, which on Friday announced a new milestone of 40 million users, will soon start testing “dislikes” as a way to improve personalization on its main Discover feed and others.| Claudie Moreau / Euractiv: |
Denmark says it will withdraw the EU “Chat Control” proposal, which would force tech companies to scan messages for CSAM, and instead support voluntary scanning — The Danes will seek to propose a voluntary detection regime in the CSAM proposal, instead of controversial mandatory detection orders| Matt Rosoff / The Register: |
Microsoft's Q1 earnings, showing that it had a $3.1B net loss from its OpenAI stake, imply OpenAI lost $11.5B during the quarter based on Microsoft's 27% stake — Satya has also delivered Sam most of the cash he promised — Microsoft reported earnings for the quarter ended Sept. 30 … | Bloomberg: |
In its Q3 earnings, Alphabet said the profit included “net gains on equity securities of $10.7B,” in part from a private company, which sources say is Anthropic — Alphabet Inc. and Amazon.com Inc. were rewarded by investors for reporting better-than-expected third-quarter profits.| Emma Roth / The Verge: |
Perplexity launches a free AI-powered patent research tool in beta to let users search for patents using natural language queries — Instead of searching for a string of keywords, Perplexity's new tool allows you to use natural language to look for patents.| RT Watson / The Block: |
Tether reports that it has generated profits of over $10B during the first three quarters of 2025 and it has issued an additional $17B in USDT during Q3 — - The world's largest stablecoin issuer reported that it has generated profits of over $10 billion during the first three quarters of this year.| Kritika Lamba / Reuters: |
Getty and Perplexity sign a multi-year licensing agreement to let the AI startup display Getty's images across its search and discovery tools — Getty Images (GETY.N) and Perplexity signed a global multi-year licensing agreement on Friday, allowing the AI startup to display … | Patrick Coffee / Wall Street Journal: |
Google releases its first AI-generated ad, promoting Search's AI mode, but chooses not to include a label disclosing it was made with Veo 3 and other tools — The search giant becomes the biggest name yet to generate an ad entirely with its Veo 3 and other artificial-intelligence tools
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| Chris Metinko / Axios: |
| Reuters: |
| Janko Roettgers / The Verge: |
| Todd Bishop / GeekWire: |
| Olga Kharif / Bloomberg: |