FTX sues Binance and former CEO Changpeng Zhao, seeking to claw back almost $1.8B it alleges was fraudulently transferred by Sam Bankman-Fried in a 2021 deal
Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison.
Apple's future growth may come from several new Watch- or iPad-level businesses; visionOS 2.2's ultrawide Mac display mode is the Vision Pro's first killer app
Apple may never find another product with as much revenue potential as the iPhone, but it can still thrive with several new Apple Watch- or iPad-level businesses.
Gurman: Apple may release its second-generation Vision Pro between fall 2025 and spring 2026, and it could feature an M5 around when the first Macs get the chip
assuming it's released — will look almost entirely like the current [image] Forums: r/apple : Gurman: Apple Vision Pro 2 on track for release between Fall 2025 and Spring 2026
Sources: Amazon is developing smart glasses for its delivery drivers to guide them to, around, and within buildings, but the tech may take years to perfect
Amazon (AMZN.O) is developing smart eyeglasses for its delivery drivers to guide them to, around and within buildings …
a16z says it is “very optimistic” that the US government will “foster innovation” in crypto and there is a “pathway for constructive engagement” with regulators
Miles Jennings Michele Korver Brian Quintenz — We've been flooded with crypto founders asking us …
A painting depicting Alan Turing as the god of AI, which was created by an AI-powered humanoid robot called Ai-Da, sold at a Sotheby's auction for nearly $1.1M
Ai-Da is the world's first ultra-realistic robot artist. She can draw, and is a performance artist. Sian Cain / The Guardian : First artwork painted by humanoid robot to sell at auction fetches $1m C...
MicroStrategy says it bought 27,200 bitcoin for roughly $2.03B in cash at an estimated $74,463 per coin, taking its total bitcoin holding to 279,420
- MicroStrategy added approximately 27,200 bitcoin for roughly $2.03 billion in cash at an estimated $74,463 per coin.
FTX sues crypto trader “Humpy the Whale” alleging margin trading market manipulation from January 2021 to September 2022, leading to FTX and Alameda losing $1B
The suit also links him to organized crime in Eastern Europe and terrorist groups.
Sources: Elon Musk's US government advisory role will be structured to ensure he keeps control of Tesla, X, xAI, and others by installing acolytes and allies
Billionaire likely to push for government roles for acolytes and allies to cut regulation and protect his businesses
Intel's Robert Hallock admits “our wounds with Arrow Lake not hitting the performance we projected were self-inflicted” and promises fixes for performance gains
but it's not down for the count Samuel Willetts / Club386 : Intel intends to “fix” Core Ultra 200S performance TechRadar : Intel admits ‘self-inflicted wounds’ with Core Ultra 200S CPUs not performing...
Q&A with Foursquare co-founder Dennis Crowley on his startup Hopscotch Labs, which uses AI and headphones to give information as a person walks by a location
Dennis Crowley has built his career at the intersection of emerging technologies and human behavior. X: @om . Forums: Hacker News X: @om : I recently sat down with Dennis Crowley (@dens) to discuss hi...
Bitcoin touches a record-high $85K, adding almost $20K in a week; Tesla is up 7%+ today, while Meta, Apple, Nvidia, Amazon, and Microsoft are down slightly
Gold and most of the so-called magnificent seven tech stocks are down on the day. — Bitcoin touched a record-high $85,000 …
Sources: the US plans to support a controversial cybercrime treaty at the UN this week despite concerns that it could be misused by authoritarian regimes
- Critics fear it could be misused by authoritarian countries — Agreement would help pursuit of cybercriminals, official says
How Swiggy beat Amazon to fast grocery deliveries in India by using an army of gig workers, mini-warehouses, and notable investors, ahead of its November 13 IPO
Bloomberg :
Argentina-based Ualá, which offers financial services to 8M users, raised a $300M Series E led by Allianz X at a $2.75B valuation, up from $2.45B in August 2021
- Allianz, Soros, others put $300 million into fintech company — Country's largest startup eyes expansion, eventual IPO
An interview with Mozilla interim CEO Laura Chambers about Firefox's 20th birthday, growth due to the EU's DMA, privacy, the Google search deal, AI, and more
Frederic Lardinois / TechCrunch :
Threads becoming inundated with liberal election fraud conspiracies highlights the shift toward a “post-truth” online landscape across the political spectrum
Taylor Lorenz / User Mag : Threads: @taylorlorenz , @taylorlorenz , @taylorlorenz , @stuartathompsonnyt , @taylorlorenz , @robbiekirshner , and @taylorlorenz Mastodon: @taylorlorenz@mastodon.social a...
11x, which makes AI bots that help salespeople with common tasks, raised $50M led by a16z at a $320M valuation, after raising a $24M Series A in September 2024
Artificial intelligence-powered sales startup 11x has raised $50 million in a new funding round led by Andreessen Horowitz …
Lumikai projects India's gaming market to grow from $3.8B in 2024 to $9.2B in 2029; the number of gamers in India reached 591M in 2024, up from 568M in 2023
Dean Takahashi / VentureBeat :
Research integrity specialists and scientific publishers raise concerns about the ease with which scientific data can be fabricated using generative AI tools
Diana Kwon / Nature : X: @carissaveliz , @ezeferrero , @dianamkwon , and @lcademartirilab X: Carissa Véliz / @carissaveliz : The ease with which #GenAI can create text, images and data threatens with...
Shopify: Revolutionizing Commerce with Winter Edition '26
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