Crypto miners like IREN are pivoting to AI data centers amid the AI boom; IREN's stock, down to ~$1 in 2022, is up 300% in 2025, giving it a $13B+ market cap (Jennifer Hiller/Wall Street Journal) https://www.wsj.com/business/energy-oil/ai-data-centers-are-banging-on-cryptos-door-c1d300eb?st=7fifZw&reflink=desktopwebshare_permalink
NetEase says 2M+ people played martial arts game Where the Winds Meet in the 24 hours after its global release, as Chinese companies' cultural influence expands (Evelyn Cheng/CNBC)
Epic Games partners with Unity to bring games made with Unity Engine to Fortnite in 2026, part of Epic's longterm vision to make Fortnite into an open metaverse (Jay Peters/The Verge)
FTC v. Meta: TikTok's rise undermined the FTC's antitrust case and helped Meta avoid a breakup; Judge Boasberg said the tech landscape has "changed markedly" (New York Times)
Kuaishou reports Q3 revenue up 14% YoY to ~$5B and net profit up 37% YoY to ~$632M, above ~$588M est., driven by ad growth and its Kling AI video generator (Sherry Qin/Wall Street Journal) https://www.wsj.com/business/earnings/kuaishou-profit-tops-estimates-boosted-by-ai-technology-4bfa95e9?st=YqdCjH&reflink=desktopwebshare_permalink
Sources: South Korean antitrust officials visited Arm's Seoul offices as part of ongoing scrutiny of its licensing practices, following Qualcomm's complaint (Josh Sisco/Bloomberg) https://www.bloomberg.com/news/articles/2025-11-19/south-korea-antitrust-regulators-inspect-arm-s-office-in-seoul
CEIP study: 87 of the top 100 Chinese AI researchers who were working in the US in 2019 are still doing research at US universities or companies in 2025 (New York Times)
UK bank Lloyds agrees to acquire UK startup Curve, which offers digital wallets, in a deal set to close in H1 2026; Sky News reported Lloyds is set to pay Β£120M (Aisha S Gani/Bloomberg) https://www.bloomberg.com/news/articles/2025-11-19/lloyds-to-buy-fintech-curve-in-push-to-expand-digital-footprint
Fox News hires Palantir to build tools that help journalists produce stories across Fox platforms and social media; Fox won't use AI to generate editorial copy (Sara Fischer/Axios) https://www.axios.com/2025/11/19/fox-news-palantir-ai-newsroom-tools
The Dutch government suspends its powers over chipmaker Nexperia, restoring control to its Chinese owner; a Dutch minister says the move is "a show of goodwill" (Bloomberg) https://www.bloomberg.com/news/articles/2025-11-19/dutch-hand-back-control-of-chinese-owned-chipmaker-nexperia