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Thomas Brewster / Forbes: iVerify founder says the FBI is investigating whether China used its access to Verizon networks to infect the iPhones of staff of a US presidential campaign  —  The FBI has been notified of evidence of hacking on the iPhones of two senior officials at one of the presidential campaigns.

Jonathan Vanian / CNBC: Pinterest reports Q3 revenue up 18% YoY to $898M, vs. $896M est., MAUs up 11% to a record 537M, but forecasts Q4 revenue below est.; PINS drops 13%+ after hours  —  Pinterest shares plunged 15% Thursday after the social media company provided soft guidance for its fourth-quarter revenue despite …

Bloomberg: The US SEC's crypto-related enforcement is slated for a major rollback under President Trump, who has pledged to fire Gary Gensler on the first day in office  —  - Trump has pledged to fire Gensler on the first day in office  — Next SEC chair is expected to push forward new regulations

Manish Singh / TechCrunch: Truecaller co-founders Alan Mamedi and Nami Zarringhalam plan to hand over day-to-day company operations to product chief Rishit Jhunjhunwala in January 2025  —  The co-founders of Swedish caller identification app Truecaller are stepping back from day-to-day operations …

Ian King / Bloomberg: Qualcomm and Arm's earnings results show the smartphone industry making an uneven comeback, with both companies seeing a stronger demand for high-end models  —  - Both companies are seeing stronger demand for high-end models  — Qualcomm results outshine Arm's in dueling reports Wednesday

Jay Peters / The Verge: Roblox plans to stop kids under 13 from accessing experiences with “certain types of interactive features”, including “social hangouts”, starting November 18  —  Roblox is going to block kids from accessing certain types of experiences following reports alleging that the platform has enabled child abuse.

Mackenzie Hawkins / Bloomberg: Sources: TSMC and GlobalFoundries have finished negotiating agreements for billions of dollars in grants and loans under the CHIPS Act to support US factories  —  - US officials look to announce agreements in coming weeks  — Biden team is racing to get Chips Act money out the door

Jaspreet Singh / Reuters: CRM software maker Freshworks plans to cut 13% of its workforce, or 660 employees, after reporting Q3 revenue up 22% YoY to $186.6M, vs. $181.6M average est.  —  Freshworks (FRSH.O) raised its annual revenue and profit forecasts on Wednesday after upbeat third-quarter results …

Maxwell Zeff / TechCrunch: Perplexity's US election hub offered helpful, real-time election insights and maps on November 5, linking to reliable resources and providing historical context  —  On Tuesday, two AI startups tried convincing the world their AI chatbots were good enough to be an accurate …

Maani Truu / ABC: Australia plans to introduce legislation that would ban children under 16 from using social media, not exempting those already with accounts or parental consent  —  In short:  —  Social media users under the age of 16 are set to be barred from using social media, under legislation expected to be introduced to parliament this month.

Zaheer Kachwala / Reuters: Take-Two reports Q2 net bookings up 2% YoY to $1.47B, vs. $1.43B est., net revenue up 4% to $1.35B, and sells its Private Division label to an unnamed buyer  —  Take-Two Interactive Software (TTWO.O) beat Wall Street expectations for second-quarter bookings and profit on Wednesday …

Priyanka.G / Reuters: Bumble reports Q3 revenue down 0.7% YoY to $273.6M, vs. $271.9M est., its first quarterly sales drop since going public in 2021, and 4.3M total paying users  —  Bumble (BMBL.O) posted on Wednesday its first decline in quarterly sales since going public in 2021 and said that it would take longer …

Krisztian Sandor / CoinDesk: JPMorgan rebrands its Onyx blockchain unit as Kinexys and plans to add on-chain foreign exchange capabilities as early as Q1 2025, starting with USD and EUR  —  The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities …

Meir Orbach / CTech: CrowdStrike agrees to acquire Tel Aviv-based Adaptive Shield, which offers cloud security for SaaS apps; sources say CrowdStrike will pay ~$300M for the company  —  The Israeli startup's solutions help security teams manage the organization's applications, identities, and detect unusual behavior within the SaaS ecosystem.

Ismail Shakil / Reuters: Canada orders TikTok's business in the country to be dissolved, citing national security risks, and says it's not blocking Canadians' access to the app  —  Canada on Wednesday ordered Chinese-owned TikTok's business in the country to be dissolved, citing national-security risks …

Jaspreet Singh / Reuters: Match Group reports Q3 revenue up 2% YoY to $895M, vs. $900.9M est., paying users down 3% to 15.2M, forecasts Q4 revenue below est.; MTCH drops 12%+ after hours  —  Match Group (MTCH.O) forecast fourth-quarter revenue below Wall Street estimates on Wednesday, signaling weak demand …

Akash Sriram / Reuters: Lyft reports Q3 revenue up 32% YoY to $1.52B, vs. $1.44B est, gross bookings up 16% to $4.1B, forecasts Q4 gross bookings above est.; LYFT jumps 20% after hours  —  Lyft (LYFT.O) forecast current-quarter gross bookings above estimates after beating September-quarter sales on Wednesday …

Devin Coldewey / TechCrunch: Perplexity CEO Aravind Srinivas says his offer to help NYT was “to provide technical infra support” and “not to replace journalists or engineers” after pushback  —  The CEO of AI search company Perplexity, Aravind Srinivas, has offered to cross picket lines …

Olivia Poh / Bloomberg: Google, Temasek, and Bain: online spending in Southeast Asia will reach $263B in 2024, up 15% YoY, the lowest growth rate since at least 2017, amid inflation  —  - Elevated inflation and interest rates hit online consumption  — AI-ready data centers emerge as a bright spot for investments

Bloomberg: Sources: Canadian authorities arrested Alexander “Connor” Moucka, who is allegedly behind hacks in June and July of up to 165 Snowflake customers including AT&T  —  - Connor Moucka taken into custody on provisional arrest warrant  — Stolen logins used to access Snowflake customer accounts

Maxwell Zeff / TechCrunch: Caitlin Kalinowski, who served as Meta's head of AR glasses from March 2022 to July 2024 and oversaw Orion, joins OpenAI to lead robotics and consumer hardware  —  Meta's former head of augmented reality glasses announced on Monday she is joining OpenAI to lead robotics and consumer hardware, according to a post on LinkedIn.

Jonathan Vanian / CNBC: Meta is extending its ban on new political ads past Election Day in the US, “until later this week”  —  Meta extended its ban on new political ads on Facebook and Instagram past Election Day in the U.S.  —  The social media giant announced the political ads policy update on Monday …

Hannah Lang / Reuters: Robinhood, Kraken, and others unveil the Global Dollar Network to accelerate stablecoin usage and launch USDG, a Paxos-issued stablecoin pegged to the US dollar  —  A consortium of financial technology and cryptocurrency companies including Robinhood (HOOD.O), Kraken and Galaxy Digital …

Bloomberg: Sources: OpenAI is in early talks with the California AG's office to become a for-profit company; letter: it also has discussed the shift with the Delaware AG  —  - Legal status change may face scrutiny over IP valuations  — Firm in early talks with California attorney general's office