At a Tokyo forum, Masayoshi Son says he "was crying" over SoftBank selling its $5.83B Nvidia stake but "I just had more need for money to invest in OpenAI" (Dylan Butts/CNBC) https://t.co/kubgmErVsX
Texas AG Ken Paxton says he is investigating Shein to determine whether it violated state laws on unethical labor practices and the sale of unsafe products (Jonathan Stempel/Reuters) https://t.co/i3JhO8KPOd
Amazon launches Amazon Now, a new service that aims to deliver household essentials and groceries in ~30 minutes or less, available in Seattle and Philadelphia (Taylor Soper/GeekWire) https://t.co/tZusLK56lL
Car sharing service Zipcar UK plans to shut down after London extended its Congestion Charge to EVs; Zipcar had losses of £11.7M in 2024 vs. £364,000 in 2023 (Simon Hunt/City A.M.) https://t.co/0ox0oUt2Yb
New York becomes the first US state to require retailers to disclose use of algorithmic pricing tied to personal data; 10+ states are considering similar bills (Tim Balk/New York Times) https://t.co/ABqlRiJOF6
How a Chinese entrepreneur amassed 10M+ IPv4 addresses, mostly from Africa, to lease them outside Africa, leaving African ISPs struggling to expand capacity (Alexandra Wexler/Wall Street Journal) https://t.co/bbRf19ToHH
South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; the country has a population of 51.7M (Sohee Kim/Bloomberg) https://t.co/JKaYxlXOlh
Researchers unveil PropensityBench, a benchmark showing how stressors like shorter deadlines increase misbehavior in agentic AI models during task completion (Matthew Hutson/IEEE Spectrum) https://t.co/uPjY0tsKSR
India's Department of Telecommunications directs WhatsApp and other messaging apps to implement SIM binding to ensure each account remains tied to an active SIM (Kamya Pandey/MediaNama) https://t.co/po2477SyBA
A profile of Klay, whose app will let users remake songs using AI; Klay has raised ~$10M and is the first AI startup to close deals with the three major labels (Abram Brown/The Information) https://t.co/QgO2XGjDv0
Sources: Micron plans to invest $9.6B in Japan to build a production facility for next-gen HBM memory chips beginning in 2026, with shipments expected in 2028 (Ryo Mukano/Nikkei Asia) https://t.co/ubY2NxGyWo
A look at ChatGPT's impact on US stocks three years after its release: AI mania revived Big Tech, making an already concentrated S&P 500 even more top heavy (Bloomberg) https://t.co/JqF7zanurS
Range, which uses AI to offer flat-fee financial planning services to mass affluent households, raised a $60M Series C led by Scale Venture Partners (Ryan Lawler/Axios) https://t.co/v8W1GJHq5V
A profile of Paulina Borsook, as her 2000 book Cyberselfish, warning about Silicon Valley's love for "techno-libertarianism", finds a resurgence in interest (David Streitfeld/New York Times) https://t.co/JwpxAOtC8J
Google withdraws its 2024 EU antitrust complaint against Microsoft over Azure licensing, after the EU launched a probe into Azure and AWS under the DMA (Edith Hancock/Wall Street Journal) https://t.co/3Cr9cWXDE6
Meituan reports Q3 revenue up 2% to $13.4B and a $2.3B adjusted net loss, worse than $1.9B est., its first loss since 2022, amid a price war with JD and Alibaba (Luz Ding/Bloomberg) https://t.co/MaJHsCAlU5
Nexperia warns customers face impending production halts and urges its Chinese unit to reengage, says it hadn't got "any meaningful response" despite outreach (Sarah Jacob/Bloomberg) https://t.co/rCbDY89tqb
Tim Sweeney says it "makes no sense" for stores like Steam to label games that are made using AI, since AI "will be involved in nearly all future production" (Alex Forbes-Calvin/GamesIndustry.biz) https://t.co/HQeVd7JgTu
The USPTO issues new guidelines clarifying that generative AI is considered a tool that assists human inventors and cannot itself be considered an inventor (Blake Brittain/Reuters) https://t.co/ojuPBzpOqb
EU antitrust chief Teresa Ribera accuses the US of using "blackmail" to strong-arm the EU into watering down its tech rulebook during trade negotiations (Politico) https://t.co/glaImT0NnV