Techmeme
November 4, 2025, 1:25 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple plans to launch a low-cost laptop powered by an iPhone chip in H1 2026 to rival Chromebooks, aimed at students and casual users, codenamed J700  —  Apple Inc. is preparing to enter the low-cost laptop market for the first time, developing a budget Mac aimed at luring away customers …
Sam Tobin / Reuters:
The UK's High Court rules against Getty in its lawsuit against Stability AI over its image generator; the judge calls the ruling “extremely limited in scope”  —  Getty Images largely lost its landmark lawsuit against artificial intelligence company Stability AI over its image generator at London's High Court on Tuesday.
Alex Reisner / The Atlantic:
A profile of nonprofit Common Crawl, which has scraped billions of webpages since 2013, including paywalled ones, to build an archive used by OpenAI and others  —  Editor's note: This work is part of AI Watchdog, The Atlantic's ongoing investigation into the generative-AI industry.
Reed Albergotti / Semafor:
Google unveils Project Suncatcher to launch two solar-powered satellites, each with four TPUs, into low Earth orbit in 2027, as it seeks to scale AI compute  —  The demand for AI data centers has grown so large that there isn't enough energy on earth to power the buildout.
Ashley Carman / Bloomberg:
Spotify reports Q3 revenue up 12% YoY to €4.3B, above €4.23B est., subscribers up 12% YoY to 281M, MAUs up 11% YoY to 713M, and a €582M operating income  —  Spotify Technology SA reported active users and sales in the third quarter that surpassed analysts' expectations even as ad-supported revenue fell.
Chance Miller / 9to5Mac:
Apple refreshes the web version of the App Store, letting users view and search for apps for the iPhone, iPad, Mac, Apple TV, Apple Watch, and Apple Vision Pro  —  Apple has launched a dramatic new web interface for the App Store.  You can now get the full App Store experience right in your browser …
John Voorhees / MacStories:
Xander Elliards / The National:
Aisha Malik / TechCrunch:
WhatsApp launches an Apple Watch app that lets users get call notifications, read full messages, and record and send voice messages  —  WhatsApp announced on Tuesday that it's launching an Apple Watch companion app.  For the first time, WhatsApp users will be able to use their Apple Watch …
Arjun Kharpal / CNBC:
Nintendo reports Q2 revenue up 90% YoY to ~$3.7B, vs. ~$3B est., ~$667M net profit, vs. ~$412M est., and expects 19M Switch 2 sales by March 2026, up from 15M  —  Nintendo raised its forecast for sales of the Switch 2 console in its current fiscal year as momentum for its new flagship console grows.
Emily Forlini / PCMag:
AWS says it is developing Fastnet, a subsea cable buried ~1.5m deep and with a capacity over 320Tbps, aiming to debut in 2028 to connect Maryland and Ireland  —  Amazon Web Services (AWS) will lay a new subsea cable across the ocean floor, connecting Maryland and Ireland.
Financial Times:
Sources: China offers to cut data center power bills by up to 50% for Alibaba, ByteDance, and others if they use domestic chips like Huawei's over foreign ones  —  Beijing introduces grants that slash power bills by up to half for some of the country's largest data centres
Matt Kapko / CyberScoop:
US federal prosecutors allege that three cybersecurity professionals carried out ransomware attacks on at least five US companies in 2023 using ALPHV ransomware  —  The alleged cybersecurity turncoats attacked at least five U.S. companies while working for their respective employers, officials said.
Ryan S. Gladwin / Decrypt:
DeFi protocol Balancer says an attacker exploited its V2 Composable Stable Pools on November 3, resulting in an estimated ~$128M in losses across blockchains  —  Some $128 million in crypto was stolen from Balancer liquidity pools on Ethereum and beyond, with Berachain halting its chain as a result.
Katie Deighton / Wall Street Journal:
Coca-Cola releases new AI-generated ads for the 2025 holidays, after finding people didn't know or care about the use of AI, despite criticism for its 2024 ads  —  ‘Holidays Are Coming’ faster and cheaper for the soda giant, which caught heat last year for its AI-generated ads
Sri Muppidi / The Information:
Source: Anthropic projects revenues of up to $70B in 2028, up from ~$5B in 2025, and expects to become cash flow positive as soon as 2027  —  Anthropic this summer hiked its most optimistic growth forecasts by roughly 13% to 28% over the next three years and projected generating …
More: TechCrunch

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