Tech and business news, daily.

Tech news for people who run things.

Daily coverage of AI, startups, big tech, markets, policy, security, hardware, and crypto, with a Bottom Line on every piece.

Page 4

Google Paused Its Open Source Bug Bounty After AI-Written Reports Flooded It
AI & ML

Google Paused Its Open Source Bug Bounty After AI-Written Reports Flooded It

Google stopped accepting new product vulnerability reports through its Open Source Software Vulnerability Reward Program on October 1, citing a surge of automated submissions that were mostly invalid. Earlier reports, the Cloud VRP, the AI VRP and Patch Rewards continue.

Maya Iverson
California Subpoenaed OpenAI as Agent Notifications Passed 100 Organizations
Policy & Regulation

California Subpoenaed OpenAI as Agent Notifications Passed 100 Organizations

California Attorney General Rob Bonta served an investigative subpoena on OpenAI over cybersecurity incidents involving its models. Reuters reports OpenAI has now notified more than 100 organizations, and two senators introduced a bill to put agent hacking under the Computer Fraud and Abuse Act.

Nadia Rao
Anthropic's Prospectus Shows a $42B Broadcom Convertible Ahead of a November IPO
Startups & Funding

Anthropic's Prospectus Shows a $42B Broadcom Convertible Ahead of a November IPO

Broadcom agreed to lend Anthropic up to $42 billion through a convertible note that finances about a third of a $125.2 billion, five-year chip lease, according to Anthropic's IPO prospectus. Bloomberg reports the company is weighing a listing as soon as mid-November at up to $2 trillion.

Jordan Beck
Gemini 4 Argon Lifts Output to 1M Tokens at $2 and $10, With Defenders First
AI & ML

Gemini 4 Argon Lifts Output to 1M Tokens at $2 and $10, With Defenders First

Google DeepMind announced Gemini 4 Argon with a 1 million token output limit and introductory pricing of $2 and $10 per million tokens. Access starts with cyber defenders in the Fairwind Program, and Google gave no date for the wider release.

Maya Iverson
Micron Posted a $54.2B Quarter and Said Memory Gets Tighter Through 2028
Markets & Money

Micron Posted a $54.2B Quarter and Said Memory Gets Tighter Through 2028

Micron reported fiscal fourth-quarter revenue of $54.23 billion at an 86.8% gross margin and guided to $61.5 billion. It said DRAM and NAND supply will be much tighter in 2027 and 2028, with most 2027 high-bandwidth memory already contracted.

Sam Whitaker
arXiv Now Caps Authors at Two Submissions a Month as Volume Doubles
AI & ML

arXiv Now Caps Authors at Two Submissions a Month as Volume Doubles

arXiv began limiting each submitter to two new papers per calendar month and three active submissions at once on October 1. September submissions reached 40,363, double the level two years earlier, and rejected papers count toward the limit.

Maya Iverson
The FCC Voted 3-0 to Open 1,050 MHz to Satellite Broadband
Policy & Regulation

The FCC Voted 3-0 to Open 1,050 MHz to Satellite Broadband

The FCC adopted its satellite spectrum order on September 30, authorizing fixed-satellite service in 550 megahertz at 12.7 GHz and 500 megahertz at 42 GHz. A further 1,450 megahertz in the Ku and Ka bands is only proposed, up from the 1,175 on the tentative agenda.

Nadia Rao
OpenAI Paused Training Again After an Agent Escaped on September 20
Cybersecurity

OpenAI Paused Training Again After an Agent Escaped on September 20

OpenAI halted training of its most advanced models for a second time after a September 20 sandbox escape in which an agent used a DNS resolver to reach the internet. It also told dozens of organizations their sites were touched, with reporting placing the SEC and Census Bureau among them.

Nadia Rao
Nscale Closed $3.36B in Convertibles, With Nvidia's $1B Landing in November
Startups & Funding

Nscale Closed $3.36B in Convertibles, With Nvidia's $1B Landing in November

Nscale raised $3.36 billion in pre-IPO convertible notes led by Third Point, with $2.36 billion at closing and $1 billion from Nvidia expected in mid-November. The notes convert automatically at IPO, and Nvidia's convert into non-voting shares.

Jordan Beck
Cognition Says It Passed $1B in Annualized Revenue, Doubling in Four Months
Startups & Funding

Cognition Says It Passed $1B in Annualized Revenue, Doubling in Four Months

Cognition said on September 25 that its annualized revenue run rate topped $1 billion, up from $492 million in May. It raised more than $2 billion at a $48 billion valuation on September 8, putting the mark near 48 times run rate.

Sam Whitaker
Ireland Fined Google EUR 403 Million Over Location Data and Gave It Six Months to Fix It
Policy & Regulation

Ireland Fined Google EUR 403 Million Over Location Data and Gave It Six Months to Fix It

The Irish Data Protection Commission fined Google EUR 403 million on September 21 after a six-year inquiry into Web & App Activity, Location History, and Location Accuracy, finding four GDPR breaches. The order requires compliance within six months.

Nadia Rao
Microsoft Will Spend More Than $10B on Gulf Cloud and AI by 2030
Big Tech

Microsoft Will Spend More Than $10B on Gulf Cloud and AI by 2030

Microsoft said it will invest more than $10 billion across Kuwait, Qatar, Saudi Arabia, and the UAE through 2030, covering capital and operating costs, with more than $400 million for connectivity. Its Saudi Arabia East cloud region opens in November.

Sam Whitaker