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November 10, 2025, 12:25 PM
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memeorandum
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| Ellen O'Regan / Politico: |
Draft docs: the European Commission plans to simplify some of its privacy rules, including GDPR, to boost AI growth and slash red tape for businesses in Europe — BRUSSELS — European Union officials are ready to sacrifice some of their most prized privacy rules for the sake of AI …
More: noyb, Reuters, Euractiv, CSO, Implicator.ai, TechRadar, Capacity, WinBuzzer, Datamation, and Fortune
X: @jborrasarumi, @petterigunther, and @noybeu
Bluesky: @justinhendrix, @vedransekara, @gateklons, and @glynmoody
Mastodon: @mgs@me.dm, @JorisMeys@mstdn.social, and @GossiTheDog@cyberplace.social
| Billy Gray / Wall Street Journal: |
Rumble says it will acquire German AI infrastructure company Northern Data in an up to $970M deal, set to close in Q2 2026; both companies are backed by Tether — The deal brings together two companies backed by stablecoin issuer Tether — Rumble said it would acquire German artificial … | Vicky Ge Huang / Wall Street Journal: |
Coinbase plans to launch a platform to let individual investors buy digital tokens before they are listed on its exchange, reviving 2017 and 2018's ICO craze — Blockchain startup Monad will be first project to sell its token on new platform — Coinbase Global is launching a new platform …
More: The Block, Decrypt, CoinDesk, Yahoo Finance, Investing.com, Coinbase, Reuters, Benzinga, Bloomberg, CoinGape, and Coinpedia Fintech News
X: @monad, @0xcosm0, @dcryptgirll, @tyler_did_it, @brian_armstrong, and @coinbase
| Wired: |
Apple removes two of China's most popular gay dating apps, Blued and Finka, from its App Store in the country, citing a Cyberspace Administration of China order — The removal of Blued and Finka marks another setback for China's marginalized LGBTQ+ community.
More: Moneycontrol, 9to5Mac, Engadget, The Independent, Mashable, and PinkNews
Bluesky: @zeyiyang and @lmatsakis
| Debby Wu / Bloomberg: |
TSMC reports October sales rose 16.9% YoY, the slowest pace since February 2024, highlighting uncertainty over the AI boom's sustainability; TSMC is up 38%+ YTD — Taiwan Semiconductor Manufacturing Co. reported slowing growth in monthly revenue as investors debate the sustainability … | Financial Times: |
Robinhood CEO Vlad Tenev says he plans to give “normal people” exposure to AI startups via Robinhood Ventures' fund set to invest in 5+ “best in class” startups — CEO Vlad Tenev plans to offer shares in a fund that holds a handful of private artificial intelligence companies
More: Benzinga, PYMNTS.com, Implicator.ai, and Blockonomi
X: @jimcramer and @discoplomacy
Bluesky: @carlquintanilla and @nataliegreenpeer
| Niko Gallogly / New York Times: |
Gamma, which uses AI to help create presentations, social media posts, websites, and more, raised $68M at a $2.1B valuation and reports 600K+ paying subscribers — The five-year-old start-up, which has just 52 employees and is profitable, is now valued at $2.1 billion by investors including Andreessen Horowitz.
More: SiliconANGLE, Gamma, and Pulse 2.0
| Evan Gorelick / New York Times: |
A group of lawyers has documented 533 cases of AI misuse in legal filings, including fabricated case law citations; judges and bar associations permit AI use — More lawyers are using artificial intelligence to write legal briefs. Some colleagues are publicizing the A.I.-generated errors.
More: Bloomberg Law, Gizmodo, and Futurism
Bluesky: @skynetandchill.com, @lauridonahue, @carnage4life, and @thiagokrause
Forums: r/technews and r/technology
| Fast Company: |
Financial stress from AI infrastructure spending, overhiring, and recession fears, rather than AI adoption, are likely responsible for the economy-wide layoffs — For decades now, we have been told that artificial intelligence systems will soon replace human workers.
More: Technical.ly. X: @bcardarella. LinkedIn: Keith Instone. Bluesky: @carnage4life, @rufus-hickok, @tnewmsblues, @stradicat, and @somershade
Mastodon: @MrBirch@beige.party, @shish@techhub.social, and @ngate@mastodon.social
Forums: Hacker News and r/agi
| Lucinda Shen / Axios: |
Canada-based CoLab, which makes collaboration software for manufacturers, raised a $72M Series C led by Intrepid Growth Partners — CoLab, a maker of collaboration software for manufacturers, raised $72 million in Series C funding, the company tells Axios Pro exclusively.| Josh Scott / BetaKit: |
Canada-based legaltech company Clio raised a $500M Series G at a $5B valuation, along with $350M in debt, and says it has completed its $1B vLex acquisition — BC legaltech firm nabs $5-billion valuation plus $350 million in debt to help close deal. — Clio has closed a $500-million USD Series G round …
More: Bloomberg, Reuters, Clio, Globe and Mail, ABA Journal, Financial Post, Bloomberg Law, The Logic, and LawSites
| Jennifer Elias / CNBC: |
Majestic Labs, which makes patent-pending server architecture that promises 1,000x more memory capacity, raised $100M, including a $71M Series A led by Bow Wave — Three former Meta and Google silicon executives on Monday announced they've raised a total of $100 million to build technology … | Emily Forgash / Bloomberg: |
Microsoft recruits popular US influencers to promote its Copilot chatbot; Sensor Tower says Copilot has had 99M downloads since launch, far below ChatGPT's 1.4B — Microsoft Corp., eager to boost downloads of its Copilot chatbot, has recruited some of the most popular influencers in America …
X: @wallstengine, @rustybrick, and @zephyr_z9
| Joe Tidy / BBC: |
An interview with Ukrainian cyber-crime kingpin Vyacheslav Penchukov, aka Tank, who was arrested in 2022 after nearly 10 years on the FBI's Most Wanted list — After years of reading about “Tank” and months of planning a visit to him in a Colorado prison, I hear the door click open before I see him walk into the room.Sponsor Posts
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| Rya Jetha / The San Francisco Standard: |
More: Wall Street Journal. X: @kevinnguyen_89, @martahari, and @eshugerman
Bluesky: @noaharroyo, @dannygroner, and @tnewmsblues