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News

  • A UK judge jails a Chinese woman to 11 years and 8 months in prison for laundering bitcoin linked to a £5B investment scheme in which UK seized 61K bitcoin (Upmanyu Trivedi/Bloomberg)
    Source: Techmeme Published on 2025-11-11
  • Lighter, which operates an Ethereum Layer 2 network and a decentralized exchange to support perpetual futures contracts, raised $68M at a ~$1.5B valuation (Ben Weiss/Fortune)
    Source: Techmeme Published on 2025-11-11
  • Search and browser startup Brave's CBO says it passed $100M in annualized revenue in Q1, and had 100M MAUs as of September, up from 77M at the end of 2024 (Stephanie Palazzolo/The Information)
    Source: Techmeme Published on 2025-11-11
  • Lighter, which operates an Ethereum Layer 2 network and a decentralized exchange to support perpetual futures contracts, raised $68M at a ~$1.5B valuation (Naga Avan-Nomayo/The Block)
    Source: Techmeme Published on 2025-11-11
  • Amsterdam-based Wonderful, which helps companies manage client-facing AI agents across voice, chat, and email in any language, raised $100M at a $700M valuation (Steven Scheer/Reuters)
    Source: Techmeme Published on 2025-11-11
  • A Danish court sentences a man for sharing 347+ copyrighted nude scenes on Reddit featuring 100+ actresses and 25TB+ of pirated content via a torrent tracker (Ernesto Van der Sar/TorrentFreak)
    Source: Techmeme Published on 2025-11-11
  • Source: Blue Owl's Digital Infrastructure funds invested ~$3B in a New Mexico-based Stargate data center, set to consume 4.5GW, as Blue Owl ramps up its AI bet (Miles Kruppa/The Information)
    Source: Techmeme Published on 2025-11-11
  • Microsoft AI CEO Mustafa Suleyman says his new superintelligence team will build "frontier-grade research capability" and Microsoft needs AI self-sufficiency (Ashley Stewart/Business Insider)
    Source: Techmeme Published on 2025-11-11
  • Samsung rolls out its Vision AI Companion, a generative AI-powered upgrade to its Bixby assistant, across its 2025 TV lineup, with support for 10 languages (Dominic Preston/The Verge)
    Source: Techmeme Published on 2025-11-11
  • Sea reports Q3 revenue up 38% YoY to $6B, above $5.65B est., a $375M net income, below $433M est., and Shopee revenue up 35% YoY to $4.3B and GMV up 28% YoY (Olivia Poh/Bloomberg)
    Source: Techmeme Published on 2025-11-11
  • Nebius signs a ~$3B, five-year deal to provide Meta with AI infrastructure and reports a $100M+ loss in Q3, up from a $39.7M loss in Q3 2024 (Deborah Sophia/Reuters)
    Source: Techmeme Published on 2025-11-11
  • Oura CEO Tom Hale says the Finnish company expects "maybe close" to $2B in sales in 2026, up from $1B in 2025, and there is "no news on an IPO" (Tasmin Lockwood/CNBC)
    Source: Techmeme Published on 2025-11-11
  • Sources: the EU plans to designate WhatsApp's Channels as a Very Large Online Platform under the DSA, meaning it must meet moderation and transparency standards (Gian Volpicelli/Bloomberg)
    Source: Techmeme Published on 2025-11-11
  • Microsoft plans to spend $10B to build a data center in the Portuguese town of Sines in partnership with Portuguese developer Start Campus and UK startup Nscale (Henrique Almeida/Bloomberg)
    Source: Techmeme Published on 2025-11-11
  • An investor group and AI developer Voltai plan to use AI to design, build, and run a 3GW data center in South Korea, set to cost up to $35B and open in 2028 (Jiyoung Sohn/Wall Street Journal)
    Source: Techmeme Published on 2025-11-11

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