Tech

Bengaluru-based quick grocery delivery startup Zepto raised $450M from Goodwater, General Catalyst, and others at a $7B valuation, as it prepares for an IPO (www.bloomberg.com)
2025-10-16 IPO Startup

Japanese chip material maker Tekscend rose 13% on its Tokyo debut after raising $1B in its IPO; Tekscend makes photomasks to transfer tiny circuits onto wafers (www.bloomberg.com)
2025-10-16 Japan IPO Tokyo

Indian startup Kuku, which offers audio content and vertical dramas, raised an $85M Series C led by Granite at a $500M valuation and has 10M+ paid subscribers (techcrunch.com)
2025-10-16 India Startup

10 Surprising Ways Game Theory Rules Your Daily Life (listverse.com)
2025-10-16

How AI-powered tools like PainChek, an app that scans a person's face for tiny muscle movements, are helping healthcare providers better assess patients' pain (www.technologyreview.com)
2025-10-16 AI

Kraken acquires Small Exchange, a US-licensed futures exchange, from the IG Group, for $32.5M in cash and $67.5M in Kraken parent's Payward stock (www.bloomberg.com)
2025-10-16

An interview with YouTube CEO Neal Mohan on YouTube as the future of TV, paying out $100B+ to creators, partnering with the NFL, scripted content, and more (www.hollywoodreporter.com)
2025-10-16 Interview YouTube

A look at efforts in Sweden to make its banking systems and payment networks resilient to hybrid warfare attacks; 90% of Sweden's transactions are digital (www.bloomberg.com)
2025-10-16 Sweden

How facial recognition software rejects people with facial differences, who number an estimated 100M+ worldwide, blocking them from accessing essential services (www.wired.com)
2025-10-16 Facial Recognition

New Alzheimer's Treatment Clears Plaques From Brains of Mice Within Hours (science.slashdot.org)
2025-10-16 Alzheimer

Sources: Microsoft aims to produce most new products, including servers and Surface laptops, outside China from 2026; AWS is also adopting a similar strategy (asia.nikkei.com)
2025-10-16 China Microsoft

TSMC reports Q3 net profit up 39% YoY to ~$14.8B, beating est., after previously reporting a 30% rise in revenue, the latest sign of robust spending on AI chips (www.bloomberg.com)
2025-10-16 AI

Nvidia partners with startup Firmus on Project Southgate, a $2.9B initial undertaking to build renewable energy-powered AI data centers across Australia (www.bloomberg.com)
2025-10-16 Australia Energy Startup AI Nvidia Renewable

South Korea's AI textbook program, meant to personalize learning, was rolled back after just four months after complaints about inaccuracies and extra workload (restofworld.org)
2025-10-16 Korea AI

GiveDirectly plans to pilot a program using Google's AI-based Flood Hub, which provides forecast warnings, to send early aid to at-risk families in Bangladesh (restofworld.org)
2025-10-16 Google AI Bangladesh

How OpenSea reinvented itself from an NFT marketplace to a crypto trading aggregator, facilitating $1.6B in trades in the first two weeks of October (www.forbes.com)
2025-10-16

Analysis: ten loss-making AI startups, including OpenAI, gained ~$1T in valuation over the past year, fueling concerns of an inflating bubble in private markets (www.ft.com)
2025-10-16 Startup AI

Huawei's key partners SiCarrier and Qiyunfang showcased chipmaking gear and EDA software at a Shenzhen expo; SiCarrier's gear competes with older US products (www.bloomberg.com)
2025-10-16 Shenzhen

YouTube's creative ecosystem added over €7B to the EU's GDP in 2024 and supported 200K+ full-time equivalent jobs, according to advising firm Oxford Economics (blog.youtube)
2025-10-16 YouTube GDP

Investigation: the Trump family's crypto empire has reaped over $1B in pre-tax profits over the past year; Eric Trump says the true figure is “probably more” (www.ft.com)
2025-10-16 Trump Tax

The White House says representatives from Microsoft, Meta, Google, and other corporate donors to the $250M ballroom attended a dinner with President Trump (www.wsj.com)
2025-10-16 Trump Google Microsoft

Focused Sound Energy Holds Promise For Treating Cancer, Alzheimer's and Other Diseases (science.slashdot.org)
2025-10-16 Energy Alzheimer

OpenAI says all Sora 2 users can now generate videos up to 15 seconds on the app and web, while Pro users can generate videos up to 25 seconds on the web (x.com)
2025-10-16

Liberate, which builds AI agents to automate insurance operations, raised a $50M Series B led by Battery Ventures at a $300M post-money valuation (techcrunch.com)
2025-10-16 AI Battery Insurance

Basis Theory, which provides data management and payments infrastructure tools, raised a $33M Series B led by Costanoa, taking its total funding to $50M (finovate.com)
2025-10-16

Sources: F5's breach is blamed on China, whose hackers had infiltrated F5's network for at least 12 months using the Brickstorm malware to steal source code (www.bloomberg.com)
2025-10-16 China

Western Executives Shaken After Visiting China (slashdot.org)
2025-10-16 China

Campfire, an AI-powered ERP and accounting services provider, raised a $65M Series B co-led by Accel and Ribbit Capital, after raising a $35M Series A in June (news.crunchbase.com)
2025-10-16 AI ERP

Google releases Cell2Sentence-Scale 27B (C2S-Scale), a 27B-parameter foundation model for single-cell analysis built on its Gemma family of open models (blog.google)
2025-10-16 Google

Norway Says 'Mission Accomplished' On Going 100% EV, Proposes Incentive Changes (tech.slashdot.org)
2025-10-16 Norway

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