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t.co
OpenAI's data center partners are set to rack up nearly $100B in debt; sources say banks may lend another $38B to Oracle and Vantage to build more OpenAI sites
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t.co
)
2025-11-28
Oracle
France says it plans legal complaints against AliExpress and Joom over the sales of childlike sex dolls; Temu, Wish, eBay, and more are also under investigation
(
t.co
)
2025-11-27
France
eBay
Families of October 7 victims sue Binance and Changpeng Zhao in US federal court, alleging Binance facilitated millions in payments to Hamas after October 7
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t.co
)
2025-11-26
Amazon-backed nuclear reactor developer X-energy raised $700M led by Jane Street, taking its total funding to $1.4B, to build 150 SMRs in the US and the UK
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t.co
)
2025-11-24
Amazon
Energy
The UK announces a £100M plan to support local AI hardware startups via guaranteed “first customer” payments, and estimates its AI market to be worth over £72B
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t.co
)
2025-11-24
Startup
AI
As OpenAI commits to spending $1.4T, creating a mesh of complicated deals, the startup does not disclose its auditor, and there is little information online
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t.co
)
2025-11-20
Startup
Josh Hawley, Ron DeSantis, Sarah Huckabee Sanders, and other Republicans publicly oppose President Trump's proposal to restrict US states from regulating AI
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t.co
)
2025-11-20
Trump
AI
Republican
Sources: Larry Ellison is overhauling a £10B science initiative in Oxford after clashing with President John Bell, who left in September, and COO Lisa Flashner
(
t.co
)
2025-11-18
CoinGecko: total market value of 18K+ tracked coins fell 25% since October 6, wiping $1.2T; Bitcoin fell 28% to $89.5K, its lowest since April and flat for 2025
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t.co
)
2025-11-18
Bitcoin
Klarna CEO Sebastian Siemiatkowski says he is “nervous about the size of these investments in these data centres”; he owns stakes in OpenAI, Perplexity, and xAI
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t.co
)
2025-11-18
Sources: Vinted is exploring a share sale that could value the company at ~€8B; Vinted says it expects 2025 revenue to cross €1B+, up from €813M in 2024
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t.co
)
2025-11-16
Sources: Apple is intensifying CEO succession planning as Tim Cook, now 65, may step down as early as next year, with John Ternus seen as the likely successor
(
t.co
)
2025-11-15
Apple
Tim Cook
Oracle shares are down nearly 30% in the past month, reversing more than $250B in market value gains following the announcement of its OpenAI deals in September
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t.co
)
2025-11-14
Oracle
Kraken co-CEO Arjun Sethi criticizes UK crypto promotion rules requiring clear risk warnings, saying they hinder retail investors by slowing fund movement
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t.co
)
2025-11-12
Retail
Sources: Meta Chief AI Scientist Yann LeCun plans to leave in the coming months to found his own startup; a source says he is in early talks to raise funds
(
t.co
)
2025-11-11
Startup
AI
Robinhood CEO Vlad Tenev says he aims to give “normal people” exposure to private AI companies via Robinhood Ventures' fund with 5+ “best in class” companies
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t.co
)
2025-11-10
AI
Sources: Roelof Botha was ousted by senior Sequoia partners amid concerns about his “imperial style” leadership, AI investment strategy, and internal clashes
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t.co
)
2025-11-8
AI
A draft shows the European Commission plans to propose a simplification package on Nov. 19 to pause parts of its AI laws amid pressure from Big Tech and the US
(
t.co
)
2025-11-7
Europe
AI
Jensen Huang warns “China is going to win the AI race”, after the US kept a ban on high-end AI chip sales to China, and says the West is held back by “cynicism”
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t.co
)
2025-11-6
China
AI
Ban
Sources: Deutsche Bank is exploring ways to hedge its exposure to data centres after extending billions of dollars in debt to hyperscalers like Alphabet
(
t.co
)
2025-11-5
Alphabet
Uber reports Q3 revenue up 20% YoY to $13.5B, Gross Bookings up 21% YoY to $49.7B, trips up 22% YoY to 3.5B, and a $1.1B operating profit, below $1.6B est.
(
t.co
)
2025-11-4
Uber
Sources: China offers to cut data center power bills by up to 50% to Alibaba and others, if they use local chips like Huawei's over foreign ones like Nvidia's
(
t.co
)
2025-11-4
China
Alibaba
Nvidia
Ofcom chief Melanie Dawes warns social media companies to prove their algorithms protect under-18s from seeing harmful content, or face enforcement action
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t.co
)
2025-10-31
Algorithm
Character.ai plans to limit under-18s to two hours of conversations per day, gradually reducing the time limit before banning them completely from November 25
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t.co
)
2025-10-30
AI
Truth Social launches Truth Predict, a prediction market platform in partnership with Crypto.com to let users trade on major current events like elections
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t.co
)
2025-10-29
Substrate, which aims to challenge TSMC, raised $100M+ from Founders Fund, General Catalyst, and others at a $1B+ valuation as it seeks to boost US chip making
(
t.co
)
2025-10-29
EU officials are scrambling to resolve a growing trade clash with China over rare earths and chips, as the bloc gets caught between Beijing and Washington
(
t.co
)
2025-10-28
China
Internal memo: Meta's head of AI product Nat Friedman says Vishal Shah, who previously led the metaverse unit, is joining his team to lead AI product management
(
t.co
)
2025-10-28
AI
Sources: X's advertising chief John Nitti, who joined in January, has left; X's CFO Mahmoud Reza Banki left in early October after less than a year in the role
(
t.co
)
2025-10-25
The Atlanta Fed estimates delays faced by claimants in COBOL-based unemployment insurance systems cut US GDP by at least $40B between March 13 and year-end 2020
(
t.co
)
2025-10-23
Unemployment
Insurance
GDP
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