In a letter on October 27, OpenAI asked the Trump administration to expand a 35% Chips Act tax credit to help lower the cost of AI infrastructure
OpenAI has asked the Trump administration to revamp a Chips Act tax credit to help lower the cost of artificial intelligence infrastructure …
Unit 42: “commercial grade” spyware called Landfall, likely zero-click, was used in a hacking campaign aimed at Samsung Galaxy phones in the Middle East
Security researchers on Friday revealed the discovery of “commercial grade” spyware used in a 9-month-long hacking campaign aimed …
Denmark's government has reached a political agreement to ban social media access for anyone under 15, with a possible parental consent exception from age 13
The proposal would be one of the most sweeping steps yet by a European country to curb social media use among young people.
An account of working at Cursor for 60 days: a largely in-person culture, few scheduled meetings, aggressive recruiting, heavy internal product testing, more
Sixty days with the AI coding decacorn — Editor's note: This is the first installment in a series of Company Dispatches …
Google introduces Nested Learning, a new ML approach for continual learning that views models as nested optimization problems to enhance long context processing
Ali Behrouz, Student Researcher, and Vahab Mirrokni, VP and Google Fellow, Google Research — We introduce Nested Learning …
Meta says it will invest $600B in the US infrastructure and jobs by 2028; Zuckerberg told Trump at a September dinner that Meta will spend “at least $600B”
Meta Platforms (META.O) on Friday said it will invest $600 billion in U.S. infrastructure and jobs over the next three years …
Nasdaq had its worst 5-day run since April, falling 3% for the week as the combined market value of eight most valuable AI-related stocks fell by about $800B
Nasdaq falls 3% over the five-day period as investors worry about sky-high valuations — US companies closely tied …
Apple Music's growth may be stymied by the lack of a free tier as a funnel; Midia: on a weekly level, 43% of consumers used Spotify and 16% turned to Apple
The service's lack of a free tier might be dimming its prospects with music consumers, particularly in emerging markets — Welcome back to Soundbite.
A US judge declares a mistrial after a jury couldn't reach a verdict on two brothers charged in 2024 for allegedly stealing $25M in crypto from Ethereum traders
A jury was unable to reach a verdict in the fraud trial of two brothers, both recently graduated from the Massachusetts Institute of Technology …
OpenAI, Alphabet, and Perplexity offering free access to their paid tiers in India suggests the country may be the biggest and safest bet for broad AI adoption
Everyone is looking for the next big AI bet. They're searching for energy-rich places that can run data centers cheaply …
Vast Data, which develops data storage tools, inks a $1.17B AI deal with CoreWeave; Vast Data, valued at $9.1B in 2023, said it reached $200M ARR by Jan. 2025
- CoreWeave to use Vast's data storage tools for cloud infrastructure — Vast Data's revenue stream bolstered by new deal
A look at Dominari Holdings and Yorkville Advisors, two little-known boutique banks that have helped finance the Trump family's flurry of crypto deals this year
Dominari Holdings and Yorkville Advisors are benefiting from close connections with Eric and Donald Trump Jr
CoinGecko: crypto market cap falls to $3.5T from October's $4.4T peak, on track to erase its 2025 gains; crypto ETFs had $700M of net outflow over the past week
The stock market didn't crash this week. But after a seven-month spasm of retail-borne speculation, parts of the casino started clearing out.
Neobank Mercury says it has hit $650M in annualized revenue, up from $500M by end of 2024, and has been GAAP profitable on net income and EBITDA for three years
In fintech, most companies burn cash chasing growth at any cost, but for us? … Carly Lippman : Almost four years in at Mercury and I'm still so proud of what we're building. Loved seeing our 2025 gro...
In DeepSeek's first public appearance since R1's success, a senior researcher told a state-run conference he was pessimistic about AI's impact on humanity
- DeepSeek makes first public appearance in almost a year — Company has kept low profile since global breakout in January
France's Finance Ministry halts the suspension proceedings of Shein that was initiated on November 5 after Shein withdrew illicit products from its platform
Inti Landauro / Reuters :
Trump Media reports Q3 net sales down 3.8% YoY to $972.9K and a net loss of $55M, up from $19M in Q3 2024; its stock is down 70% from a January high
And Is On Track To Lose Far More Daniel Kuhn / The Block : Trump Media posts third straight loss as SPAC legal fees mount, CRO holdings rise Sander Lutz / Decrypt : Buying Billions in Bitcoin Couldn't...
Sources: Roelof Botha was ousted by senior Sequoia partners amid concerns about his “imperial style” leadership, AI investment strategy, and internal clashes
George Hammond / Financial Times :
Both Baumol effect and Jevons paradox may apply to the AI supercycle, as services with AI productivity gains get cheaper, while those without AI become costlier
and gets pricier as wages rise (Baumol effect). Alex Danco / @alex_danco : The Baumol effect (I still like calling it “cost disease") is topical these days - we wrote about it in the newsletter, since...
Sources: Samsung is in talks with Barclays to launch a consumer credit card in the US; it's also exploring a high-yield savings account, BNPL product, and more
AnnaMaria Andriotis / Wall Street Journal :
A Delaware federal jury rules that GoDaddy owes patent owner Express Mobile $170M for violating its rights in website-building technology; GoDaddy will appeal
Blake Brittain / Reuters :
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.