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November 27, 2025, 7:50 AM
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| Emily Nicolle / Bloomberg: |
The S&P downgrades the ability of Tether's USDT to maintain its US dollar peg to “weak”, the lowest rating, citing exposure to high-risk assets such as bitcoin — The ability of Tether's USDT stablecoin to maintain its peg to the US dollar has been downgraded to the lowest rating … | Bryce Elder / Financial Times: |
Jefferies: Tether, which said it held 116 tons of gold in September, is “the largest holder of gold outside central banks”, buying 26 tons in Q3 and 24 in Q2 — Remember about a month ago, when gold hit an all-time high, lots of commentators got on their hobby horses to huff about currency debasement?
More: The Crypto Basic, Blockhead, NewsBTC, BeInCrypto, and Cointelegraph
X: @jacobkinge, @heartereum, @xrpmemeguy, @silvermanjacob, @samcallah, @goldseek, and @dgt10011. Bluesky: @ryanlcooper.com
| OpenAI: |
OpenAI says a Mixpanel security incident on November 9 let a hacker access API account names and more, but not ChatGPT data, and it terminated its Mixpanel use — Transparency is important to us, so we want to inform you about a recent security incident at Mixpanel, a data analytics provider OpenAI used …
More: BleepingComputer, Mixpanel, Livemint, Windows Central, International Business Times, Infosecurity, Windows Report, Business Insider, Cyber Security News, The Decoder, The Indian Express, The Cyber Express, and Arabian Business
X: @francescociull4, @big_duca, @lucas_montano, @zaygranet, @mjovanovictech, @theinspectorash, @troyhunt, @marouane53, and @cryps1s. Mastodon: @nixCraft@mastodon.social. Forums: r/OpenAI
| Reuters: |
Intel denies allegations in a TSMC lawsuit that former TSMC executive Wei-Jen Lo likely leaked trade secrets after retiring from TSMC and joining Intel — Taiwan prosecutors said on Thursday investigators had raided the homes of a former senior TSMC executive and seized computers …
More: Wall Street Journal, Capital Brief, The Verge, Tom's Hardware, Focus Taiwan, Benzinga, The Register, Proactive, Oregonian, The Information, Reuters, DigiTimes, Nikkei Asia, Wccftech, Taiwan News, Dow Jones Newswires, Reuters, TipRanks Financial, TechNode, Macau Business, Silicon UK, ANI News, Tech in Asia, and Android Headlines
X: @wccftech, @armoredalgo, and @firstadopter
| Bloomberg: |
Taiwanese prosecutors search Intel executive Wen-jen Lo's homes days after TSMC alleged he leaked sensitive info, suggesting Taiwan is deepening its probe — Prosecutors have searched the homes of a former Taiwan Semiconductor Manufacturing Co. executive accused of potentially leaking trade secrets …
More: Moneycontrol, Taiwan News, and Bloomberg Law
| Sidhartha Shukla / Bloomberg: |
South Korean crypto exchange Upbit suspended deposits and withdrawals after saying ~$30M worth of Solana tokens were moved to an unauthorized external wallet — Upbit has suspended deposits and withdrawals after it discovered an unauthorized transfer of about $30 million of digital assets …
More: CoinDesk, TodayOnChain, Cointelegraph, ZyCrypto, Tech in Asia, Watcher Guru, Coinspeaker, Coinpedia Fintech News, CryptoPotato, Blockonomi, Protos, Yahoo Finance, Cryptonews, The Block, BeInCrypto, CoinGape, The Crypto Basic, Coinpedia Fintech News, crypto.news, CoinJournal, Korea Joongang Daily, Reuters, Crypto Briefing, Inside Bitcoins, KED Global, and Bloomberg
| MacKenzie Sigalos / CNBC: |
An MIT study finds that AI can replace 11.7% of the US labor market, or ~$1.2T in wages, based on the “Iceberg Index”, which measures job automation potential — Massachusetts Institute of Technology on Wednesday released a study that found that artificial intelligence …
More: International Business Times, Tom's Hardware, Fortune, WebProNews, Project Iceberg, Stocktwits, MIT Media Lab, Digital Information World, arXiv.org, arxiv.org, The Moderate Voice, CBS News, Implicator.ai, Fast Company, New York Sun, TechSpot, and Quartz
Bluesky: @carnage4life, @scottsantens.com, @breakify, @0x0.boo, @carlquintanilla, @wittywebhandle, @mugrimm, @thedailyedge, @amarten, and @dlbowman76.com
| Financial Times: |
Sources: Alibaba and ByteDance are among the top Chinese companies training their latest LLMs in Southeast Asian data centers to access Nvidia's AI chips — Alibaba and ByteDance shift development to south-east Asia to sidestep US curbs — Top Chinese companies are training …
More: Reuters, DigiTimes, Silicon UK, Semafor, Proactive, TipRanks Financial, Proactiveinvestors UK, and The Information
X: @teortaxestex, @kakashiii111, @jukan05, and @zijing_wu
| Sanjai P R / Bloomberg: |
Reliance, Brookfield, and Digital Realty's joint venture Digital Connexion plans to invest $11B by 2030 to build a 1 GW data center in India's Visakhapatnam — Digital Connexion, a joint venture between Mukesh Ambani's Reliance Industries Ltd., Brookfield Asset Management Ltd … | Yuliya Chernova / Wall Street Journal: |
San Francisco Compute, which provides a marketplace for AI computing capacity, raised a $40M Series A led by DCVC and Wing Venture Capital at a $300M valuation — Helping AI developers rent out excess computing capacity will reduce the risk of data-center overbuilding, the startup says| Politico: |
EU antitrust chief Teresa Ribera accuses the US of using “blackmail” to strong-arm the EU into watering down its tech rulebook during trade negotiations — Renewed U.S. pressure for the EU to recalibrate its digital rules is unacceptable, says Teresa Ribera.| Eliza Gkritsi / Politico: |
The EU Parliament backs a report that sets a 16+ age limit for accessing social media without parental consent and holds CEOs personally liable for violations — Call comes as several EU countries prepare to restrict social media for kids. — The European Parliament on Wednesday called …
More: MediaNama, TechRadar, Reclaim The Net, Advanced Television, Silicon UK, SiliconANGLE, European Parliament, Reuters, Euronews, Daily Sabah, Reuters on YouTube, The Financial Express on YouTube, Financial Express, GovTech, Eurochild, Reuters, DutchNews.nl, Firstpost, MLex, The Guardian, The Independent, Reuters, and Reuters
| Bloomberg: |
Alibaba starts selling Quark S1, its first smart glasses powered by its Qwen AI models, for ~$537 in China, and plans to release international versions in 2026 — Alibaba Group Holding Ltd. began sales of its first smart glasses powered by its Qwen AI models, marking a rare foray into consumer hardware.| Sam Sabin / Axios: |
Clover Security, whose AI agents plug into developer platforms like GitHub to predict and detect security flaws, raised $36M led by Notable Capital and Team8 — Clover Security has nabbed $36 million in funding from a slew of high-profile industry stalwarts, including Wiz co-founders Assaf Rappaport …
More: Clover Security, CTech, Help Net Security, SiliconANGLE, FinSMEs, Notable Capital, Tech.eu, and FinTech Global
LinkedIn: Clover Security and Clover Security
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