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This account shares top-level Techmeme headlines. Visit https://techmeme.com/ for full context.
Report: private funding for SE Asia's digital economy grew 15% YoY, behind 25% global growth, to $7.7B in the 12 months to June 2025, 70% below 2021's $27B peak (Jun Yuan Yong/Reuters)
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November 11, 2025 at 7:10 AM
Report: private funding for SE Asia's digital economy grew 15% YoY, behind 25% global growth, to $7.7B in the 12 months to June 2025, 70% below 2021's $27B peak (Jun Yuan Yong/Reuters)
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Bengaluru-based digital lending startup Finnable raised about $28.19M in August 2025 co-led by Z47 and TVS Capital, bringing its total raised to about $60.9M (Alenjith K Johny/The Economic Times)
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November 11, 2025 at 6:30 AM
Bengaluru-based digital lending startup Finnable raised about $28.19M in August 2025 co-led by Z47 and TVS Capital, bringing its total raised to about $60.9M (Alenjith K Johny/The Economic Times)
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Sony Q2: revenue up 4.6% YoY to ~$20.3B, net profit up 6.7% to ~$2.02B, says it sold 3.9M PS5 units, and raises annual operating profit forecast 7.5% to ~$9.3B (Kosaku Narioka/Wall Street Journal)
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November 11, 2025 at 4:51 AM
Sony Q2: revenue up 4.6% YoY to ~$20.3B, net profit up 6.7% to ~$2.02B, says it sold 3.9M PS5 units, and raises annual operating profit forecast 7.5% to ~$9.3B (Kosaku Narioka/Wall Street Journal)
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Financial documents show Anthropic expects to break even in 2028, while OpenAI projects ~$74B in operating losses that year before turning a profit in 2030 (Berber Jin/Wall Street Journal)
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November 11, 2025 at 2:30 AM
Financial documents show Anthropic expects to break even in 2028, while OpenAI projects ~$74B in operating losses that year before turning a profit in 2030 (Berber Jin/Wall Street Journal)
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Crypto exchange Gemini reports Q3 revenue up 106% YoY to $50.6M, vs. $46.2M est., net loss of $159.5M, up from $90.2M a year ago; GEMI drops 5%+ after hours (Olga Kharif/Bloomberg)
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November 11, 2025 at 12:56 AM
Crypto exchange Gemini reports Q3 revenue up 106% YoY to $50.6M, vs. $46.2M est., net loss of $159.5M, up from $90.2M a year ago; GEMI drops 5%+ after hours (Olga Kharif/Bloomberg)
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Meta introduces Omnilingual Automatic Speech Recognition, a suite of AI models providing automatic speech recognition capabilities for more than 1,600 languages (Carl Franzen/VentureBeat)
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November 10, 2025 at 11:45 PM
Meta introduces Omnilingual Automatic Speech Recognition, a suite of AI models providing automatic speech recognition capabilities for more than 1,600 languages (Carl Franzen/VentureBeat)
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Sachin Katti, Intel's CTO and AI officer, says he is leaving the company to join OpenAI; Intel says CEO Lip-Bu Tan will take over its AI efforts (CRN)
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November 10, 2025 at 11:26 PM
Sachin Katti, Intel's CTO and AI officer, says he is leaving the company to join OpenAI; Intel says CEO Lip-Bu Tan will take over its AI efforts (CRN)
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The US Treasury and IRS issue guidance allowing crypto products to offer staking rewards under a new safe harbor (Sander Lutz/Decrypt)
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November 10, 2025 at 11:20 PM
The US Treasury and IRS issue guidance allowing crypto products to offer staking rewards under a new safe harbor (Sander Lutz/Decrypt)
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CoreWeave reports Q3 revenue up 134% YoY to $1.36B, vs. $1.29B est., and a net loss of $110M, down from $360M a year ago; CRWV is up 164% since its March IPO (Jordan Novet/CNBC)
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November 10, 2025 at 10:15 PM
CoreWeave reports Q3 revenue up 134% YoY to $1.36B, vs. $1.29B est., and a net loss of $110M, down from $360M a year ago; CRWV is up 164% since its March IPO (Jordan Novet/CNBC)
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eToro reports Q3 net contribution up 28% YoY to $215M, vs. $208M est., adjusted EBITDA up 43% to $78M, and announces a $150M share buyback; ETOR closed up 8% (CoinDesk)
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November 10, 2025 at 9:45 PM
eToro reports Q3 net contribution up 28% YoY to $215M, vs. $208M est., adjusted EBITDA up 43% to $78M, and announces a $150M share buyback; ETOR closed up 8% (CoinDesk)
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Meta plans to discontinue its Like and Share buttons for external websites in February 2026 as their usage "naturally declined as the digital landscape evolved" (Anna Washenko/Engadget)
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November 10, 2025 at 9:40 PM
Meta plans to discontinue its Like and Share buttons for external websites in February 2026 as their usage "naturally declined as the digital landscape evolved" (Anna Washenko/Engadget)
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Sources: C3.ai is exploring options, including a potential sale and raising funds from private investors, after Thomas Siebel stepped down as CEO in July (Milana Vinn/Reuters)
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November 10, 2025 at 9:25 PM
Sources: C3.ai is exploring options, including a potential sale and raising funds from private investors, after Thomas Siebel stepped down as CEO in July (Milana Vinn/Reuters)
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Neros, which makes low-cost, military FPV drones in the US, raised $75M led by Sequoia, bringing its total funding to $121M, and won a US Army contract (Farah Stockman/New York Times)
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November 10, 2025 at 8:40 PM
Neros, which makes low-cost, military FPV drones in the US, raised $75M led by Sequoia, bringing its total funding to $121M, and won a US Army contract (Farah Stockman/New York Times)
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Bakkt reports Q3 revenue up 27% YoY to $402.2M and a $23.2M net loss, driven by an accounting charge tied to warrants issued to its investors; BKKT drops 9%+ (Judy Lagrou/Bloomberg)
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November 10, 2025 at 8:25 PM
Bakkt reports Q3 revenue up 27% YoY to $402.2M and a $23.2M net loss, driven by an accounting charge tied to warrants issued to its investors; BKKT drops 9%+ (Judy Lagrou/Bloomberg)
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Sources: Apple is delaying the release of the next version of the iPhone Air, originally planned for fall 2026, after the first model sold below expectations (The Information)
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November 10, 2025 at 7:20 PM
Sources: Apple is delaying the release of the next version of the iPhone Air, originally planned for fall 2026, after the first model sold below expectations (The Information)
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Sources: the European Commission is exploring ways to force EU member states to phase out Chinese telecom equipment makers Huawei and ZTE from their networks (Bloomberg)
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November 10, 2025 at 6:05 PM
Sources: the European Commission is exploring ways to force EU member states to phase out Chinese telecom equipment makers Huawei and ZTE from their networks (Bloomberg)
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Travel and leisure booking service Klook files for a US IPO, and reports a net loss of $141.5M on $407.4M of revenue for the first nine months of 2025 (Bloomberg)
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November 10, 2025 at 5:41 PM
Travel and leisure booking service Klook files for a US IPO, and reports a net loss of $141.5M on $407.4M of revenue for the first nine months of 2025 (Bloomberg)
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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 (Josh Scott/BetaKit)
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November 10, 2025 at 5:15 PM
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 (Josh Scott/BetaKit)
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Canada-based CoLab, which makes collaboration software for manufacturers, raised a $72M Series C led by Intrepid Growth Partners (Lucinda Shen/Axios)
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November 10, 2025 at 4:25 PM
Canada-based CoLab, which makes collaboration software for manufacturers, raised a $72M Series C led by Intrepid Growth Partners (Lucinda Shen/Axios)
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Majestic Labs, which makes patent-pending server architecture that promises more memory capacity, raised $100M, including a $71M Series A led by Bow Wave (Jennifer Elias/CNBC)
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November 10, 2025 at 2:20 PM
Majestic Labs, which makes patent-pending server architecture that promises more memory capacity, raised $100M, including a $71M Series A led by Bow Wave (Jennifer Elias/CNBC)
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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 (Vicky Ge Huang/Wall Street Journal)
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November 10, 2025 at 2:01 PM
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 (Vicky Ge Huang/Wall Street Journal)
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Grab plans to invest $60M in remote driving service Vay, potentially rising to $410M within the next year if Vay hits certain milestones, set to close in Q4 (Olivia Poh/Bloomberg)
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November 10, 2025 at 1:30 PM
Grab plans to invest $60M in remote driving service Vay, potentially rising to $410M within the next year if Vay hits certain milestones, set to close in Q4 (Olivia Poh/Bloomberg)
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Scribe, which helps enterprises identify where AI and automation investments will yield genuine returns, raised a $75M Series C at a $1.3B post-money valuation (Jagmeet Singh/TechCrunch)
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November 10, 2025 at 1:20 PM
Scribe, which helps enterprises identify where AI and automation investments will yield genuine returns, raised a $75M Series C at a $1.3B post-money valuation (Jagmeet Singh/TechCrunch)
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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 users (Niko Gallogly/New York Times)
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November 10, 2025 at 1:10 PM
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 users (Niko Gallogly/New York Times)
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Instacart reports Q3 revenue up 10% YoY to $939M, above est., orders up 14% YoY to 83.4M, above 82.9M est., GTV up 10% to $9.1B, and plans a $1.5B share buyback (Natalie Lung/Bloomberg)
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November 10, 2025 at 1:01 PM
Instacart reports Q3 revenue up 10% YoY to $939M, above est., orders up 14% YoY to 83.4M, above 82.9M est., GTV up 10% to $9.1B, and plans a $1.5B share buyback (Natalie Lung/Bloomberg)
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