Several of Asia's top tycoons and conglomerates are joining the data center race as tech giants plan $240B in APAC hyperscale expansion over the next five years (Jonathan Burgos/Forbes)

Jonathan Burgos / Forbes:
Several of Asia's top tycoons and conglomerates are joining the data center race as tech giants plan $240B in APAC hyperscale expansion over the next five years  —  The buildout of AI infrastructure in the Asia-Pacific is in high gear.  Masayoshi Son and Mukesh Ambani are among the region's wealthiest taking the lead.

A look at Dominari Holdings and Yorkville Advisors, two little-known boutique banks that have helped finance the Trump family's flurry of crypto deals this year (George Steer/Financial Times)

George Steer / Financial Times:
A look at Dominari Holdings and Yorkville Advisors, two little-known boutique banks that have helped finance the Trump family's flurry of crypto deals this year  —  Dominari Holdings and Yorkville Advisors are benefiting from close connections with Eric and Donald Trump Jr

OpenAI, Alphabet, and Perplexity offering free access to their paid tiers in India suggests the country may be the biggest and safest bet for broad AI adoption (Mihir Sharma/Bloomberg)

Mihir Sharma / Bloomberg:
OpenAI, Alphabet, and Perplexity offering free access to their paid tiers in India suggests the country may be the biggest and safest bet for broad AI adoption  —  Everyone is looking for the next big AI bet.  They're searching for energy-rich places that can run data centers cheaply …

Apple Music's growth may be stymied by the lack of a free tier as a funnel; Midia: on a weekly level, 43% of consumers used Spotify and 16% turned to Apple (Ashley Carman/Bloomberg)

Ashley Carman / Bloomberg:
Apple Music's growth may be stymied by the lack of a free tier as a funnel; Midia: on a weekly level, 43% of consumers used Spotify and 16% turned to Apple  —  The service's lack of a free tier might be dimming its prospects with music consumers, particularly in emerging markets  —  Welcome back to Soundbite.

Study: Polymarket's trading volume has been artificially inflated by wash trading, accounting for 25% of all buying and selling over the past three years (Lydia Beyoud/Bloomberg)

Lydia Beyoud / Bloomberg:
Study: Polymarket's trading volume has been artificially inflated by wash trading, accounting for 25% of all buying and selling over the past three years  —  The volume of activity on Polymarket, one of the most popular prediction markets, has been significantly inflated by so-called wash trading …

Vodafone and AST SpaceMobile plan to establish a Europe-led satellite constellation, operated out of Germany, to provide satellite-to-smartphone connectivity (Reuters)

Reuters:
Vodafone and AST SpaceMobile plan to establish a Europe-led satellite constellation, operated out of Germany, to provide satellite-to-smartphone connectivity  —  Vodafone (VOD.L) and AST SpaceMobile (ASTS.O) on Friday unveiled plans to establish a Europe-led satellite constellation …

China is allowing Nexperia to export chips again, according to officials from several auto companies; shares in Wingtech, Nexperia's Chinese parent, surged 10%+ (Bloomberg)

Bloomberg:
China is allowing Nexperia to export chips again, according to officials from several auto companies; shares in Wingtech, Nexperia's Chinese parent, surged 10%+  —  China is allowing Dutch chipmaker Nexperia to export again, setting the stage for the Netherlands to suspend its powers over the Chinese-owned company.

Jensen Huang warns "China is going to win the AI race", after the US kept a ban on high-end AI chip sales to China, and says the West is held back by "cynicism" (Financial Times)

Financial Times:
Jensen Huang warns “China is going to win the AI race”, after the US kept a ban on high-end AI chip sales to China, and says the West is held back by “cynicism”  —  CEO criticises western ‘cynicism’ while Beijing loosens regulations and cuts energy costs for data centres

Huawei unveils the ~$590 Mate 70 Air, a 6.6mm thick smartphone set to compete with the $999 iPhone Air, with a 7" display and HarmonyOS, shipping November 11 (Bloomberg)

Bloomberg:
Huawei unveils the ~$590 Mate 70 Air, a 6.6mm thick smartphone set to compete with the $999 iPhone Air, with a 7" display and HarmonyOS, shipping November 11  —  Huawei Technologies Co. added a thin new handset to its lineup, marking the Chinese tech champion's most direct response to Apple Inc.'s iPhone Air.

A profile of Chen Zhi, chairman of Cambodian conglomerate Prince Holding Group, accused by the US and UK of stealing billions of dollars via online scam centers (Bloomberg)

Bloomberg:
A profile of Chen Zhi, chairman of Cambodian conglomerate Prince Holding Group, accused by the US and UK of stealing billions of dollars via online scam centers  —  Three years ago, Cambodian Prime Minister Hun Sen gifted locally crafted luxury wristwatches to other world leaders at the time …

Goldman Sachs: just 33 US counties accounted for 72% of all US data center capacity as of July; places like Umatilla have been transformed by an AWS build-out (David Uberti/Wall Street Journal)

David Uberti / Wall Street Journal:
Goldman Sachs: just 33 US counties accounted for 72% of all US data center capacity as of July; places like Umatilla have been transformed by an AWS build-out  —  Residents, politicians and local agencies are making the most of the tech boom, but prosperity comes with costs; 'What's going to happen once they stop building?'

Spotify reports Q3 revenue up 12% YoY to €4.3B, above €4.23B est., subscribers up 12% YoY to 281M, MAUs up 11% YoY to 713M, and a €582M operating income (Ashley Carman/Bloomberg)

Ashley Carman / Bloomberg:
Spotify reports Q3 revenue up 12% YoY to €4.3B, above €4.23B est., subscribers up 12% YoY to 281M, MAUs up 11% YoY to 713M, and a €582M operating income  —  Spotify Technology SA's monthly active users climbed 11% year over year to 713 million in the third quarter, exceeding analysts' estimates of 711 million.

Chainalysis CEO Jonathan Levin says DeFi platforms' rapid growth leaves their users' assets at risk of attack; DefiLlama says $140B+ is held on DeFi protocols (Nikou Asgari/Financial Times)

Nikou Asgari / Financial Times:
Chainalysis CEO Jonathan Levin says DeFi platforms' rapid growth leaves their users' assets at risk of attack; DefiLlama says $140B+ is held on DeFi protocols  —  Head of world's biggest crypto tracing company says security 'hasn't really been considered' by start-ups

When asked about Changpeng Zhao's pardon on 60 Minutes, President Trump says "I don't know who he is" and "I heard it was a Biden witch hunt" (Vince Dioquino/Decrypt)

Vince Dioquino / Decrypt:
When asked about Changpeng Zhao's pardon on 60 Minutes, President Trump says “I don't know who he is” and “I heard it was a Biden witch hunt”  —  In a rare interview, Trump said he was told Changpeng Zhao was the victim of the Biden administration's “witch hunt” against crypto.

Q&A with LexisNexis CEO Sean Fitzpatrick on AI reshaping legal workflows, document drafting, attorneys losing their licenses over "sloppy use of AI", and more (Nilay Patel/The Verge)

Nilay Patel / The Verge:
Q&A with LexisNexis CEO Sean Fitzpatrick on AI reshaping legal workflows, document drafting, attorneys losing their licenses over “sloppy use of AI”, and more  —  Today, I'm talking with Sean Fitzpatrick, the CEO of LexisNexis, one of the most important companies in the entire legal system.