Waymo to file a voluntary software recall, Meta acquires Limitless, SpaceX targets 2026 IPO.
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Show Notes
EU fines X for Digital Services Act violations
The European Commission fined X €120 million for misleading users with its paid verification system and failing to provide transparency on political ads and researcher access to public data. Regulators said the platform’s ad repository omits critical details and blocks scraping of public information. This is the first fine issued under the EU’s Digital Services Act.
Source: The Record
Netflix to acquire Warner Bros. for $82.7 billion
Netflix announced it will acquire Warner Bros., including HBO Max, the HBO studio, and Warner Bros. Games, in a deal expected to close in Q3 2026. The acquisition will undergo antitrust review, but Netflix says it plans to maintain theatrical releases for films.
Source: TechCrunch
Waymo to issue software recall over school bus incidents
Waymo will voluntarily recall software following multiple incidents where its robotaxis improperly passed or maneuvered around stopped school buses. An update released November 17 improved performance, and the company will submit the recall to NHTSA next week. Regulators continue investigating reports from Atlanta and Austin.
Source: TechCrunch
Meta acquires AI wearable startup Limitless
Meta is buying Limitless, maker of a pendant-style AI wearable that records conversations and generates summaries. Limitless CEO Dan Siroker said the deal aligns with Meta’s push toward AI-enabled personal superintelligence, and the team will help accelerate future device development.
Source: CNBC
The New York Times sues AI startup Perplexity
The Times is suing Perplexity for copyright infringement, claiming the company illegally copied and distributed its content to generate user query responses. The move is part of a broader effort by The Times to protect intellectual property from AI misuse.
Source: CNBC
SpaceX targets 2026 IPO
SpaceX is planning an IPO in the second half of 2026, potentially listing the full company including Starlink. A secondary share sale could value SpaceX at up to $800 billion, while insider shares may trade closer to a $560 billion valuation.
Source: Tech in Asia
India rescinds mandatory Sanchar Saathi app installation
India’s telecom ministry withdrew its order requiring smartphone makers to pre-install the Sanchar Saathi cybersecurity app, citing growing adoption. The app, launched in January, has 14 million downloads and logs roughly 2,000 fraud incidents daily. Following initial reports of mandatory installation, 600,000 people registered to download it.
Source: TechCrunch
Meta signs new AI content licensing deals
Meta has partnered with news outlets including CNN, Fox News, USA Today, The Daily Caller, and Le Monde to provide content for its AI chatbot. The deals follow the closure of the Facebook News tab and Meta’s termination of previous publishing agreements.
Source: Axios
YouTube to comply with Australia’s teen social media ban
YouTube will block users under 16 from logging in, subscribing, or posting content starting December 10, in compliance with new Australian law. The platform called the measure “disappointing,” arguing it may reduce safety by removing parental controls.
Source: Reuters
Spotify Wrapped 2025 hits 200M users in 24 hours
Spotify’s Wrapped 2025 engaged more than 200 million users in its first day, a 19% increase over last year. New features, including “listening age,” user categories, and the “Wrapped Party,” drove over 500 million social shares, up 41%.
Source: TechCrunch
EU fines X for Digital Services Act violations
The European Commission fined X €120 million for misleading users with its paid verification system and failing to provide transparency on political ads and researcher access to public data. Regulators said the platform’s ad repository omits critical details and blocks scraping of public information. This is the first fine issued under the EU’s Digital Services Act.
Source: The Record
Netflix to acquire Warner Bros. for $82.7 billion
Netflix announced it will acquire Warner Bros., including HBO Max, the HBO studio, and Warner Bros. Games, in a deal expected to close in Q3 2026. The acquisition will undergo antitrust review, but Netflix says it plans to maintain theatrical releases for films.
Source: TechCrunch
Waymo to issue software recall over school bus incidents
Waymo will voluntarily recall software following multiple incidents where its robotaxis improperly passed or maneuvered around stopped school buses. An update released November 17 improved performance, and the company will submit the recall to NHTSA next week. Regulators continue investigating reports from Atlanta and Austin.
Source: TechCrunch
Meta acquires AI wearable startup Limitless
Meta is buying Limitless, maker of a pendant-style AI wearable that records conversations and generates summaries. Limitless CEO Dan Siroker said the deal aligns with Meta’s push toward AI-enabled personal superintelligence, and the team will help accelerate future device development.
Source: CNBC
The New York Times sues AI startup Perplexity
The Times is suing Perplexity for copyright infringement, claiming the company illegally copied and distributed its content to generate user query responses. The move is part of a broader effort by The Times to protect intellectual property from AI misuse.
Source: CNBC
SpaceX targets 2026 IPO
SpaceX is planning an IPO in the second half of 2026, potentially listing the full company including Starlink. A secondary share sale could value SpaceX at up to $800 billion, while insider shares may trade closer to a $560 billion valuation.
Source: Tech in Asia
India rescinds mandatory Sanchar Saathi app installation
India’s telecom ministry withdrew its order requiring smartphone makers to pre-install the Sanchar Saathi cybersecurity app, citing growing adoption. The app, launched in January, has 14 million downloads and logs roughly 2,000 fraud incidents daily. Following initial reports of mandatory installation, 600,000 people registered to download it.
Source: TechCrunch
Meta signs new AI content licensing deals
Meta has partnered with news outlets including CNN, Fox News, USA Today, The Daily Caller, and Le Monde to provide content for its AI chatbot. The deals follow the closure of the Facebook News tab and Meta’s termination of previous publishing agreements.
Source: Axios
YouTube to comply with Australia’s teen social media ban
YouTube will block users under 16 from logging in, subscribing, or posting content starting December 10, in compliance with new Australian law. The platform called the measure “disappointing,” arguing it may reduce safety by removing parental controls.
Source: Reuters
Spotify Wrapped 2025 hits 200M users in 24 hours
Spotify’s Wrapped 2025 engaged more than 200 million users in its first day, a 19% increase over last year. New features, including “listening age,” user categories, and the “Wrapped Party,” drove over 500 million social shares, up 41%.
Source: TechCrunch