Journals

Politico: French President Emmanuel Macron criticizes the EU for being too slow to act on probes into Big Tech companies, attributing the delay to US pressure against DSA  —  French President Emmanuel Macron said Brussels is too slow in its… Read More »French President Emmanuel Macron criticizes the EU for being too slow to act on probes into Big Tech companies, attributing the delay to US pressure against DSA (Politico)

Bloomberg: Sources: Temasek is in talks to buy a ~5% stake in Quest Global, in a deal that values the engineering services company at $4.6B in the lead-up to its India IPO  —  Singapore state investor Temasek Holdings Pte is… Read More »Sources: Temasek is in talks to buy a ~5% stake in Quest Global, in a deal that values the engineering services company at $4.6B in the lead-up to its India IPO (Bloomberg)

Sangmi Cha / Bloomberg: MediaTek’s stock posted its best week since 2002, up 22%, amid enthusiasm over Google’s Gemini 3 and chip deals; MediaTek was reported as Google’s TPU partner  —  MediaTek Inc. shares are poised for their best week… Read More »MediaTek’s stock posted its best week since 2002, up 22%, amid enthusiasm over Google’s Gemini 3 and chip deals; MediaTek was reported as Google’s TPU partner (Sangmi Cha/Bloomberg)

Luz Ding / Bloomberg: 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  —  Meituan posted its first… Read More »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)

Beatrice Nolan / Fortune: Gravis Robotics, which adds cameras, sensors, and AI to heavyweight construction machines so they can operate autonomously, raised $23M led by IQ and Zacua  —  Gravis Robotics, a Zurich-based startup that is turning heavyweight construction machines… Read More »Gravis Robotics, which adds cameras, sensors, and AI to heavyweight construction machines so they can operate autonomously, raised $23M led by IQ and Zacua (Beatrice Nolan/Fortune)

Reuters: CME Group says futures trading on its markets, including for the S&P 500 and Nasdaq, was halted on November 28 due to a cooling issue at CyrusOne’s data centers  —  An outage at the world’s biggest exchange operator, CME… Read More »CME Group says futures trading on its markets, including for the S&P 500 and Nasdaq, was halted on November 28 due to a cooling issue at CyrusOne’s data centers (Reuters)

Reuters: The EC says it got notification from Apple that Apple Ads and Apple Maps likely meet DMA thresholds; Apple says the services should not be called “gatekeepers”  —  The European Commission said on Friday that Apple’s (AAPL.O) Apple Ads… Read More »The EC says it got notification from Apple that Apple Ads and Apple Maps likely meet DMA thresholds; Apple says the services should not be called “gatekeepers” (Reuters)

Stanford University: Stanford researchers develop a web-based tool that uses an LLM to downrank X posts with antagonistic language in a user’s feed, to reduce “partisan animosity”  —  Gift from the Koum Family Foundation endows Israel Studies Program  —  PreferencesShow… Read More »Stanford researchers develop a web-based tool that uses an LLM to downrank X posts with antagonistic language in a user’s feed, to reduce “partisan animosity” (Stanford University)

Daniel Thomas / Financial Times: Getty CEO Craig Peters says Getty may rethink its UK presence if the CMA blocks its Shutterstock deal, arguing the CMA is overlooking AI’s impact on imaging  —  CEO says competition watchdog is overlooking how… Read More »Getty CEO Craig Peters says Getty may rethink its UK presence if the CMA blocks its Shutterstock deal, arguing the CMA is overlooking AI’s impact on imaging (Daniel Thomas/Financial Times)

Sarah Jacob / Bloomberg: Nexperia warns customers face impending production halts and urges its Chinese unit to reengage, says it hadn’t got “any meaningful response” despite outreach  —  Nexperia warned that customers across industries are facing impending production halts, while… Read More »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)