Sources: ServiceNow is in advanced talks to buy corporate data management and security startup Veza for $1B+ in a deal as early as next week (The Information) https://www.theinformation.com/articles/servicenow-advanced-talks-buy-security-startup-least-1-billion
Sources: the White House has put on hold a draft executive order that would seek to preempt state AI laws, following bipartisan backlash (Karen Freifeld/Reuters) https://www.reuters.com/world/white-house-pauses-executive-order-that-would-seek-preempt-state-laws-ai-sources-2025-11-21/
Mastodon founder and CEO Eugen Rochko is stepping down from the decentralized social network as part of its shift to a nonprofit structure overseen by a board (Sarah Perez/TechCrunch)
Freedom House's Freedom on the Net 2025 report: for the 15th straight year, global internet freedom is in decline; of the 72 countries surveyed, Kenya fell most (Tech Policy Press)
Chinese toymaker FoloToy suspends sales of its GPT-4o-powered teddy bear, after researchers found the toy gave kids harmful responses, including sexual content (Brandon Vigliarolo/The Register)
Financial stress from AI infrastructure spending, overhiring, and recession fears, rather than AI adoption, is likely driving layoffs in the tech sector (Fast Company) https://www.fastcompany.com/91435192/chatgpt-llm-openai-jobs-amazon
Barclays: hyperscalers have announced a total of 46 GW of AI data center capacity, which at full utilization will consume as much energy as ~44.2M US households (Robin Wigglesworth/Financial Times)
IBM plans to cut "a low single-digit percentage" of its workforce in Q4, affecting thousands of staffers; it employed ~270K workers as of the end of 2024 (Bloomberg)
Proofpoint says it has "high confidence" that hackers are working with organized crime groups to infiltrate trucking and freight companies to steal cargo (Emily Forgash/Bloomberg)
A look at Palantir's four-month "Meritocracy Fellowship" for high school graduates, which offers a path to a job at Palantir without a university degree (Angel Au-Yeung/Wall Street Journal) https://www.wsj.com/business/palantir-thinks-college-might-be-a-waste-so-its-hiring-high-school-grads-aed267d5?st=gaTU1P