Journals

Jesse Whittock / Deadline: Australia passes a law requiring global streamers with 1M+ Australian subscribers to spend 10% of their local outlay or 7.5% of revenue on Australian originals  —  Legislation requiring the likes of Netflix, Disney+ and HBO Max… Read More »Australia passes a law requiring global streamers with 1M+ Australian subscribers to spend 10% of their local outlay or 7.5% of revenue on Australian originals (Jesse Whittock/Deadline)

Financial Times: 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  —  Cloud companies and developers rely on lossmaking start-up… Read More »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 (Financial Times)

Bloomberg: China’s top economic planning agency warns about the risk of a bubble forming in the booming humanoid robotics industry; 150+ manufacturers operate in China  —  China’s powerful economic-planning agency warned of the risks of a bubble forming in the… Read More »China’s top economic planning agency warns about the risk of a bubble forming in the booming humanoid robotics industry; 150+ manufacturers operate in China (Bloomberg)

Kang Yoon-seung / Yonhap News Agency: Sources: South Korean authorities suspect North Korean hacking group Lazarus of the $30M+ Upbit hack, which used methods resembling those of a 2019 Upbit theft  —  North Korean hacking group Lazarus is suspected to… Read More »Sources: South Korean authorities suspect North Korean hacking group Lazarus of the $30M+ Upbit hack, which used methods resembling those of a 2019 Upbit theft (Kang Yoon-seung/Yonhap News Agency)

Francesco Guarascio / Reuters: Sources: Vietnam’s recent Huawei and ZTE 5G equipment deals bolster its ties with China following US tariffs, but could undermine US trust in Vietnam’s networks  —  China’s leading telecommunication firms Huawei and ZTE (000063.SZ) have won… Read More »Sources: Vietnam’s recent Huawei and ZTE 5G equipment deals bolster its ties with China following US tariffs, but could undermine US trust in Vietnam’s networks (Francesco Guarascio/Reuters)

Ryan Gould / Bloomberg: How Motorola, which spun out its struggling smartphone business in 2011, successfully refocused on critical communication equipment, giving it a $60B market cap  —  Since spinning off its handset business, dealmaking has helped grow Motorola Solutions… Read More »How Motorola, which spun out its struggling smartphone business in 2011, successfully refocused on critical communication equipment, giving it a $60B market cap (Ryan Gould/Bloomberg)

Alex Forbes-Calvin / GamesIndustry.biz: 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”  —  “It makes no sense for game… Read More »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)

Christina Kyriasoglou / Bloomberg: Germany-based Quantum Systems, which sells surveillance drones that are being used by Ukraine, raised €180M, tripling its valuation to €3B since May  —  Quantum Systems, a German drone maker backed by Peter Thiel, boosted its valuation… Read More »Germany-based Quantum Systems, which sells surveillance drones that are being used by Ukraine, raised €180M, tripling its valuation to €3B since May (Christina Kyriasoglou/Bloomberg)

Wall Street Journal: Sources detail how Anduril’s fast-moving approach with its defense tech led to setbacks; Ukraine stopped using Anduril’s Altius drones in 2024 due to problems  —  The company’s products have had breakdowns and safety issues, documents show  — … Read More »Sources detail how Anduril’s fast-moving approach with its defense tech led to setbacks; Ukraine stopped using Anduril’s Altius drones in 2024 due to problems (Wall Street Journal)

Blake Brittain / Reuters: The USPTO issues new guidelines clarifying that generative AI is considered a tool that assists human inventors and cannot itself be considered an inventor  —  The U.S. Patent and Trademark Office issued new guidelines on Wednesday… Read More »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)