Danfoss-Managed Refrigeration Reached 50°C in France
October reporting tied roughly 700 European supermarkets to vulnerabilities in three refrigerator-controller models. November brought a report of temperature manipulation in externally operated blood storage, without establishing a shared technical cause.
Tether and Circle’s $2.39B Stop Button
After the reported Binance breach, Tether and Circle froze roughly $2.39 billion in tokens. Their reach follows years of service suspensions, blacklists and sanctions freezes.
HackerOne Paid $81 Million. Curl Walked Away
Figures reported in 2025 put annual rewards paid through HackerOne at $81 million. In January 2026, curl left its program as AI-generated reports strained volunteer reviewers; earlier report thefts exposed another risk in the handoff.
Chegg's Paywall Meets Google's 2027 Search Switch
Chegg’s Q1 2025 subscribers fell 31% year over year to 3.2 million. Google plans school AI settings for 2027 that tie a complete AI block to the loss of student Search access.
ASML Customers Eye 2030; Memory Slots Fill for 2026
ASML says its planned supply will fall short of AI-driven demand in 2027–28, while customers are interested in 2029–30 orders. Memory makers’ 2026 production slots were already almost sold out by November 2025.
Britain's AI Minister Puts £140B Against £400B
Kanishka Narayan's £55B–£140B estimate for AI's contribution by 2030 is far below a £400B Google-led figure officials had touted. Britain's AI spending is easier to count than the productivity it is meant to produce.
The Reservation Is Not the Machine
AI compute capacity contracts brought OpenAI’s former 2029 target forward to 10GW in 2026. In the coverage record, Situational Awareness shifted from 100% research framing to 42.9% funding framing.
Google says AI tools for K-12 students will be off by default in 2027; schools that block AI entirely will lose Search, as “Search and AI are deeply integrated”
Google is making it easier to restrict its A.I. tools for students. But schools that block A.I. entirely will lose student access to Google's search engine.
Apple opens Siri AI to all developers, letting any app on iOS 27.3 beta and other 27.3 OS betas bring its content and actions into Siri AI by using App Intents
Starting today with the iOS 27.3, iPadOS 27.3, macOS 27.3, and visionOS 27.3 betas, a new Developer Preview enables any developer …
Binance says North Korean hackers stole $6.3B through a months-long scheme with fake LinkedIn job interviews and an ad campaign to deliver malicious software
Binance on Tuesday disclosed that North Korean hackers used a mix of social engineering and malicious software to pull off …
Canva says it is restructuring, impacting 1,271 jobs, or 22% of its staff, across layoffs and relocations, as it merges its product, growth, and platform teams
Canva will cut more than 1000 jobs in a major restructure in response to slowing growth at the design giant. — Co-founder and chief executive …
AMD reports Q3 revenue up 45% YoY to $13.38B, vs. $13.09B est., Data Center revenue up 97% to $8.5B, and forecasts Q4 revenue above est. but gross margin below
Advanced Micro Devices reported third-quarter earnings on Tuesday that beat Wall Street's expectations, with revenue jump 45% …
Meta raised $15B in a US dollar bond sale; sources: the offering drew as much as $58B in orders and is the biggest portion of a $20B+ cross-border bond offering
Meta Platforms Inc. raised $15 billion from a US dollar bond sale, drawing solid demand as it became the latest Big Tech company …
Anthropic releases FlashProve, an open-source prototype that cryptographically verifies an AI response came from a given model, not one that a router swapped in
Roy Rinberg (Anthropic), Alex Allain (Anthropic); Alessandro Chiesa (EPFL, StarkWare), Miranda Christ (MIT, RESI), Rahul Dalal …
Sources: Ubisoft and at least two other gaming companies offered to acquire Arkane Studios from Microsoft, which is exploring options before a December deadline
Microsoft's gaming unit is looking to divest the French company behind ‘Dishonored’ and 'Marvel's Blade'
Microsoft updates Windows 11 to make PCs with 8GB of RAM up to 20% more responsive and multitasking up to 40% faster in lab tests, utilizing memory compression
The latest updates to Windows 11 offer improvements in speed, performance, and memory management. — ZDNET's key takeaways
Democrat James Talarico defeats Ken Paxton to win Texas' first Democratic Senate seat in 30+ years; Elon Musk spent $47M+ backing Paxton and attacked Talarico
Billionaire had ploughed $47mn into bankrolling Republican Ken Paxton's campaign while fuelling conspiracy theories about his opponent
Apple says it will check iCloud items shared to “Anyone with the link” for “harmful content” in 27.3 OS versions, and may delete the content or disable accounts
iOS 27.3 adds lots of new iPhone features, and it also makes a change to how public iCloud links work …
The French Blood Establishment says external providers' blood cold storage units were hacked to raise temperatures, in a wave of refrigeration cyberattacks
Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
California accepts $1.42B in US federal broadband funding, but challenges the Trump administration's demand that it stop enforcing its state net neutrality law
California is accepting $1.42 billion in broadband grant funding from the Trump administration, but the state is not accepting …
Revolut says it cut AI coding inference costs by ~90% in less than a year by defaulting to self-hosted GLM models instead of tools like Claude Code and Codex
Revolut says that in less than a year it's managed to slash its AI coding inference costs by roughly 90 percent by making self-hosted models …
ChatGPT Consumer Product Lead Adam Fry says ChatGPT has hit 1.2B WAUs, adding 200M over the past two months, and its search volume is now ~20% of Google's
ChatGPT consumer product lead Adam Fry on ChatGPT's growth, the cost of personal agents, and plans to bring Chat and Work together.
OpenAI hires Jill Hazelbaker, Uber's president and chief corporate affairs officer, as its new chief corporate affairs officer, reporting to Greg Brockman
Jill Hazelbaker, Uber's president and chief corporate affairs officer, is moving to OpenAI in the new role of chief corporate affairs officer …
Sources: Apple cut some engineers' daily AI spending cap to $200 from $300 and plans cuts to as little as $100, as cost cutting stokes staff fears of layoffs
Apple Inc. is reducing employee budgets for artificial intelligence usage as part of a cost-cutting effort, even as the company seeks …
Tencent releases its Hy4 open-weight foundation model, which it says joins the top tier of Chinese open-weight AI for the first time, and plans a Flash version
Tencent Holdings Ltd. released a foundation model Wednesday that it said joins the top tier of Chinese open-weight AI systems for the first time.
Meta acquires Conductor, which lets developers run multiple AI coding agents in parallel; CEO Charlie Holtz says the team will join Meta Superintelligence Labs
Meta has acquired Conductor, an AI coding startup that lets software engineers manage multiple coding agents simultaneously …
Super Micro reports Q1 revenue up 298% YoY to $19.95B, above $16.39B est., and forecasts Q2 revenue above estimates; SMCI jumps 7%+
Super Micro Computer (SMCI.O) forecast second-quarter revenue above Wall Street estimates on Tuesday as strong demand for its AI-optimized servers boosted sales …
Apple reports Q4 revenue up 12% YoY to $114.48B, above $113.39B est., China revenue up 21% to $17.5B, below $18.9B est., in John Ternus' first earnings report
Q&A with NYC Mayor Zohran Mamdani on new municipal AI policy measures, like an AI ban for some students, supporting a one-year NY data center pause, and more
Ahead of the midterms, WIRED talked to New York City's mayor about data centers, AI in schools, and the future of the Democratic party.
Valve announces changes to Steam's review process, as a surge in game submissions pushes review times to “up to 12 business days”, instead of the usual 3-5 days
Valve admits that it's now taking ‘up to 12 business days’ to game submissions.
Democratic gubernatorial wins from Texas and Georgia to Ohio and Pennsylvania are set to expose 50% of AI data center proposals to more scrutiny and pushback
Data center developers seeking to build dozens of sprawling artificial intelligence campuses across Texas were already dealing …
Meta raised €9B from its debut euro bond sale that drew a record €53B of orders, paying ~1.4x the risk premium Alphabet offered for similar bonds this week
Meta Platforms Inc. raised €9 billion from a debut euro debt bond sale that drew a record €53 billion of orders …
Sequoia says it's closing its London office after six years and consolidating operations back to the Bay Area, as it doesn't “see the need for a local presence”
US venture capital giant Sequoia Capital is closing its London office, ending the six-run of a significant European presence and triggering a shake-up of its investment team.
Revolut hits a $115B valuation, up from $75B in November 2025, after a secondary share sale led by Glade Brook, Coatue, and others, as it plans a US bank launch
Revolut's investors have completed a secondary share sale that values the British fintech at $115 billion, 53% more than the price tag …
OpenAI hires ex-US Army Secretary Dan Driscoll to oversee national security modernization, as it pushes to secure government contracts and shape military policy
Driscoll will advise on ways AI could bolster U.S. security capabilities and cyber defenses — OpenAI has appointed former …
Bengaluru-based EloElo, whose Story TV microdrama app has 33M+ est. active users, raised an $80M Series C led by Hornbill Capital and NBCU at a $500M valuation
More than 118 million users watch microdramas every month as the serialized format has taken off in India.
Traversal, which provides AI agents for site reliability engineering, raised $120M co-led by Kleiner Perkins, Redpoint, and Khosla at a $1B valuation
Traversal has raised $120 million in funding to help companies like American Express and Pepsi troubleshoot site outages. — for The Prompt
OpenAI acquires developer tools startup Pierre Computer for an undisclosed amount and plans to integrate Pierre's Code Storage feature directly into Codex
OpenAI will acquire Pierre Computer, a developer tools startup whose technology is already embedded in Codex, the company told Axios exclusively.
Cat Wu, product lead for Claude Code and Cowork, says she has left Anthropic; Thariq Shihipar, who worked on Claude Code, announced his departure on October 24
- Cat Wu, who helped scale Claude Code into one of tech's most important products, has left Anthropic. — She joined the startup in 2024 …
iPad mini (2026) review: great OLED display, it's waterproof and dustproof, and the A20 Pro is fast, but it's expensive, has no 120Hz display, and lacks Face ID
Apple launches iOS 27.3 beta, adding Apple Intelligence in China with an Alibaba-powered content filter, and watchOS 27.3 beta, with Siri Recap and Live Rewind
Apple Inc. rolled out the first developer beta versions of iOS 27.3 and watchOS 27.3 on Tuesday, putting new features …
Sources: Oracle has scrapped a ~$7B, five-year deal to lease as many as 100K advanced AI chips to Tencent after bowing to pressure from the Trump administration
Intervention comes amid growing tension for US AI infrastructure groups doing business with Chinese tech giants.
Circle reports Q3 revenue up 17% YoY to $875M, driven in part by its ARC token presales, net income up 5% to $226M, and says it is cutting 5% of its employees
Stablecoin issuer Circle reported third-quarter revenue jumped 17% to $875 million, reflecting mostly a one-time bump from a token sale.
How OpenAI, Anthropic, and others are trying to prevent anyone from using their AI tools to disrupt the US midterms, including Anthropic's first-ever “war room”
OpenAI, Anthropic and other tech companies have vowed to protect Tuesday's elections from efforts to undermine democracy.
Google plans to spend $15B across 2027 and 2028 to expand its data center and cloud operations in Malaysia, including on new computing hubs and water security
Alphabet Inc.'s Google said it plans to spend $15 billion to expand data center and cloud operations in Malaysia as the artificial …
ITjuzi: Chinese embodied AI companies raised ~$13B across 322 deals in H1 2026, up 5x YoY, as Chinese robot makers shift their focus from hardware to AI brains
After years of building humanoid robots capable of running, dancing and performing backflips, Chinese companies are pouring resources into a different challenge …
Rockstar plans to let users preload GTA VI on November 10, ahead of its November 19 launch, and says the preload requires up to 212GB “depending on your device”
How Nvidia uses soft power to influence customers and shape US chip policy; sources: OpenAI took no public stance on China chip exports to avoid angering Nvidia
Last month, OpenAI Senior Research Scientist Noam Brown posted a link in a company Slack channel to a news story …
Figma reports Q3 revenue up 43% YoY to $391.4M, above est., gross margin of 80%, below 81% est., and lifts its 2026 revenue outlook; FIG drops 6%+ after hours
Figma (FIG.N) is leaning on cashing in on its AI features through credits and using its first-party model to power tasks …
UK AI Minister Kanishka Narayan says AI is set to add £55B to £140B to the economy by 2030, below a £400B estimate from a Google-led report touted by officials
The AI minister now concedes the estimated figure is less than a third of that. Researchers blame the country's slow rate of adoption
Q&A with Simile CEO Joon Sung Park on claims that Simile's digital twins predict human behavior with 85%+ accuracy, its goal to simulate all 8B people, and more
Inside Simile with Joon Sung Park. … Before Joon Sung Park and I had ever met, he simulated the conversation.
Snap reports Q3 revenue up 14% YoY to $1.72B, in line with est., and DAUs up 4% to 495M, vs. 499M est.; SNAP drops 9%+ after hours
Snap Inc. fell after the company reported third-quarter ad revenue and user growth that missed estimates, with Chief Executive Officer Evan Spiegel acknowledging that …
Block reports Q3 revenue up 10% YoY to $6.7B, above est., Cash App gross profit up 27% to $2.07B, raises its full-year profit outlook; XYZ jumps 5%+
Industry experts warn that slow US power grid expansion could strangle its AI boom and hand an advantage to China, which can build power infrastructure faster
Why America is struggling to power the AI boom. The US is building electricity lines at a quarter the rate of a decade ago It took 13 years …LinkedIn:Martha MuirLinkedIn:Martha Muir:My latest Big Rea...
Google says it expanded voluntary exit buyouts in June to employees across Canada, France, Germany, Japan, and Switzerland to manage costs amid huge AI spending
Alphabet's Google (GOOGL.O) has expanded employee buyout offers to several countries this year as it looks to rein …
Shopify reports Q3 revenue up 32% YoY to $3.74B, vs. $3.75B est., GMV up 29% to $119.15B, net income up 75% to $462M, and adjusted EPS of $0.49; SHOP falls 5%+
Following backlash against its education updates, Google says schools can turn Gemini, Gemini Notebook, and Search, all off by default, back on individually
Google is playing defense on Tuesday after a political backlash to its new policy surrounding use of artificial intelligence in schools.
Apple expects Q1 revenue to rise 7%-10% YoY, above 6% est., and gross margins of 45%-46%, below 47% est., as John Ternus says memory pricing “is unprecedented”
OpenAI partners with Cathedral to test its security defenses and revamps its Security Bug Bounty program, including quadrupling rewards for critical findings
Arm reports Q2 revenue up 27% YoY to $1.44B, vs. $1.38B est., royalty revenue up 8% to $670M, vs. $720.8M est., and licensing revenue up 50% to $773M
Arm Holdings (O9Ty.F), beat Wall Street estimates for second-quarter revenue on Wednesday, driven by higher royalty payments and licensing fees …
US data center operators and power developers are repurposing jet engines to secure power in as little as two years, bypassing multi-year grid-connection delays
Chainalysis and Elliptic expect North Korean hackers to take months to launder the stolen Binance funds, using crypto swapping services and DeFi lending markets
to spend on new missilesDr. Tom Robinson /Elliptic:How North Korea is laundering the $6.4 billion stolen from BinanceJenny Lee /CNBC:North Korea denies links to Binance hack as researchers trace stole...
AI inference startup Fal raised $1.3B led by Bessemer at a $16B valuation, up from $8B in April; source: Fal hit $800M in annualized revenue earlier in 2026
Legal shifts in Texas and Delaware leave Elon Musk's SpaceX-Tesla merger and Meta's new non-voting share plan better prepared to fend off shareholders' lawsuits
SpaceX-Tesla merger and Meta's new share class expected to fend off legal challenges after shareholder rights diminished in Delaware and Texas.
Sources: Singapore-based, Nigeria-focused payments startup OPay halts its $300M US IPO just hours after pricing it due to inquiries from a Chinese regulator
China made eleventh-hour inquiries into OPay Ltd., prompting the Nigeria-focused payments company to halt its $300 million …
Qualcomm reports Q4 revenue down 8% YoY to $10.3B, vs. $10.1B est., and handsets revenue down 26% to $5.14B, vs. $5.25B est.; QCOM drops 5%+ after hours
Qualcomm Inc., the largest maker of smartphone processors, gave a lackluster forecast for profit in the current quarter …
Sources: Meta eyes $20B+ from a potential cross-border investment-grade bond offering, its first major debt sale in six months and its debut offering in euros
A software engineer details how he went from merging eight to 20 pull requests per month to 200+ after joining AI-native creator startup Tano eight months ago
Before we start: I'm in San Francisco this week and there are a few remaining spots for these live events (registration required):
Pharmaceutical leaders are skeptical of claims that AI could cure most human diseases within a decade; the US FDA has yet to clear any AI-designed biotech drugs
No drug designed by artificial intelligence has won FDA clearance, and pharma leaders say biology is the obstacle
The UK NCSC says AI is “transforming cyber operations” and expects China and Russia to “routinely use AI cyber to achieve their geopolitical goals” by 2028
Sources: US officials have held up approval for US chipmaking equipment needed by SK Hynix to expand in China, complicating its plans for new plants in New York
CrowdStrike agrees to buy Fiddler AI, which helps monitor AI agents, for ~$400M, and Dreadnode, an automated security AI testing tool, for ~$95M, mostly in cash
Filing: AMD will pay ~$2.9B in cash and stock for AI chip startup Taalas, with $1.4B dependent on unspecified conditions; the deal was announced in August
Advanced Micro Devices Inc. AMD-Q said Wednesday that it will pay about US$2.9-billion for Toronto-based semiconductor startup Taalas Inc. …
Sources: Alibaba, Tencent, ByteDance, and other Chinese AI companies ordered ~6M Nvidia RTX Pro 5500 chips, worth ~$70B, but expect only ~1% within four months
Chinese AI developers expect to receive just a small fraction of the advanced Nvidia Corp. chips they've ordered over the next several months …
Sources: Tron, Tether, Binance, and TRM Labs' T3 Financial Crime Unit quietly dissolved in August due to slow response times, after freezing $250M in assets
An initiative set up by some of crypto's largest companies to curb illicit activity has quietly been dissolved …
Pangram releases Pangram Image 1.0, which it says is state-of-the-art in AI image and AI video detection, and the smaller Image Flash 1.0 for AI video detection
Qualcomm signs a multiyear SpaceX deal to supply Dragonwing hardware and network software for “tens of thousands of cell sites” for a US-wide 5G network in 2027
CrowdStrike debuts an AI kill switch in Falcon Guardian to stop internal AI agents that go rogue, and announces a Falcon Guardian integration with Claude Cowork
Democrats who ran on data center opposition and AI regulation won Congress seats in OH, PA, WI, CO; some see a mandate to use their new gavels against Big Tech
HP names former GSK CEO Emma Walmsley as its new CEO, effective from January 4, filling the role after HP's Enrique Lores left for PayPal in February 2026
Sources: UK-based Google DeepMind employees urge leaders to drop non-disparagement clauses barring public warnings about AI risks even after they leave Google
Uber reports Q3 revenue up 10% YoY to $14.8B, Gross Bookings up 20% to $59.8B, trips up 16% to 4.1B, and plans to scale its autonomous fleet to 2,000+ in 2027
New England-based autonomous submarine startup Corridian emerges from stealth with a $38M seed led by Point72 Ventures and plans to unveil its first AUV in 2027
TeraWulf secures a credit backstop agreement with Google to support financing for its data center project with Anthropic in Kentucky, set to come online H2 2027
Elon Musk's preferred US midterm candidates, including Ken Paxton and Vivek Ramaswamy, lost almost everywhere; Musk spent ~$446M, a record for a non-candidate
to fight for an economy that serves every American, not just the already rich and powerful.
Titan OS, which monetizes smart TVs via ads and FAST deals, raised $46M in equity and debt, taking its total funding to $110M, and says it now has 30M users
Sentra, which helps restrict and monitor data access for AI agents, raised a $150M Series C led by Capital One Ventures, taking its total funding to $250M+
Crypto and AI super PACs spent $250M in 2026 midterms, but lost 9/12 competitive races called so far, spending $74.7M on losing candidates and $28.3M on winners
or whether — their industries will be regulated ... nearly three-quarters of their money went to the competitive races, and there, they got clobbered.” www.citationneeded.news/2026- electio...Molly Wh...
AI sales automation startup Nooks secures a $500M commitment from General Catalyst's CVF, which will take a share of the returns its capital helps generate
Ohio voters approved data center bans or restrictions in 14+ municipalities across 21 ballot measures, adding to the 125 local moratoriums already in the state
Sasha Rogelberg /Fortune:NEW
Voters in 38+ US jurisdictions pass data center bans or restrictions; TV network poll: 56% said AI and data centers were a major or crucial factor in their vote
They passed a string of local bans and elected gubernatorial and Senate candidates pledging tougher regulation. — SummaryLoading...
Sequoia raised ~$10B in new funds, and announces it is shutting down its Arc accelerator and Scouts program, merging its early-stage and growth teams, and more
Connie Loizos /TechCrunch:
CoreWeave's stock and unsecured bonds fall after sweeping Democratic midterm victories, as Texas Governor-elect Gina Hinojosa calls for a data center moratorium
CoreWeave Inc.'s bonds tumbled on Wednesday, in some cases to new lows, after Democratic candidates in favor of slowing …
Democrats' sweep of Congress raises the likelihood of strong frontier AI legislation passing in early 2027, including mandatory testing and developer liability
America is waking up to an astonishing Democratic sweep. As I write, Dems may end up with 56 Senate seats and as many as 261 House seats …
Sources: Anthropic has told investors in recent meetings that its 15-person chip design team is using Claude for engineering and design work on its custom chips
A Democratic sweep of US Congress pulls down Asian tech stocks, as investors rethink trades built around Trump's policy agenda for AI infrastructure and crypto
Texas elects Democrats for governor and the US Senate for the first time in decades, creating uncertainty for its booming AI data center sector and Elon Musk
Nick Wingfield /The Information:NEW
Analysis: SpaceX revises its 2027 data center capacity target up to a record ~13GW, roughly equivalent to all of Google's capacity from 1999-2026 in 1.5 years
SemiAnalysis:
Democrats' US midterms victory is a win for hyperscalers and AI labs, a mixed bag for Nvidia, an advantage to China, and may make space data centers attractive
Ben Thompson /Stratechery:
AMD projects ~$17B in Q4 revenue, above Intel's $15B to $16B projection, potentially overtaking Intel as the largest x86 processor vendor for the first time
Simon Sharwood /The Register:
NBC exit poll: 56% said AI and data centers had been a “crucial or a major factor” in their Congress votes, as Democratic candidates pledged to halt development
Financial Times:
Waymo plans to end its exclusive robotaxi partnership with Uber in Austin and Atlanta in January 2028 and switch to its own app to improve consistency for users
Shares of US tech giants jump after Democrats' midterm sweep as investors bet that a Democrat-controlled Congress will slow AI capex that's draining cash flow
Bloomberg:NEW