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SEC filing: CoinShares withdraws registrations for its XRP, Solana staking, and Litecoin ETFs to focus on higher-margin opportunities ahead of a US listing (Arasu Kannagi Basil/Reuters)

Arasu Kannagi Basil / Reuters : SEC filing: CoinShares withdraws registrations for its XRP, Solana staking, and Litecoin ETFs to focus on...

28 November 2025

SEC filing: CoinShares withdraws registrations for its XRP, Solana staking, and Litecoin ETFs to focus on higher-margin opportunities ahead of a US listing (Arasu Kannagi Basil/Reuters)

Arasu Kannagi Basil / Reuters:
SEC filing: CoinShares withdraws registrations for its XRP, Solana staking, and Litecoin ETFs to focus on higher-margin opportunities ahead of a US listing  —  CoinShares filed on Friday to withdraw its plan to launch three exchange-traded funds, as the European cryptocurrency firm plans …

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Prime Intellect debuts INTELLECT-3, an RL-trained 106B parameter open source MOE model it claims outperforms larger models across math, code, science, reasoning (Prime Intellect)

Prime Intellect:
Prime Intellect debuts INTELLECT-3, an RL-trained 106B parameter open source MOE model it claims outperforms larger models across math, code, science, reasoning  —  Today, we release INTELLECT-3, a 100B+ parameter Mixture-of-Experts model trained on our RL stack, achieving state …

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Google withdraws its 2024 EU antitrust complaint against Microsoft over Azure licensing, after the EU launched a probe into Azure and AWS under the DMA (Edith Hancock/Wall Street Journal)

Edith Hancock / Wall Street Journal:
Google withdraws its 2024 EU antitrust complaint against Microsoft over Azure licensing, after the EU launched a probe into Azure and AWS under the DMA  —  Google initially filed an antitrust complaint against Microsoft in 2024, saying it used unfair software licensing practices

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Indian e-commerce platform Meesho is set to launch an India IPO, seeking to raise $606M, targeting a post-issue valuation of ~$5.60B (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch:
Indian e-commerce platform Meesho is set to launch an India IPO, seeking to raise $606M, targeting a post-issue valuation of ~$5.60B  —  Meesho, an Indian e-commerce rival to Amazon and Walmart-owned Flipkart, is set to launch a roughly $606 million IPO marked by token sell-downs from early backers …

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Sources: Intel may start shipping a portion of Apple's lowest-end M chips as early as 2027; Apple is evaluating Intel's 18A process for the chip production (@mingchikuo)

@mingchikuo:
Sources: Intel may start shipping a portion of Apple's lowest-end M chips as early as 2027; Apple is evaluating Intel's 18A process for the chip production  —  Intel expected to begin shipping Apple's lowest-end M processor as early as 2027 There have long been market rumors that Intel could become an advanced-node foundry supplier to Apple, but visibility around this had remained low. My latest industry surveys, however, indicate that

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French President Emmanuel Macron criticizes the EU for being too slow to act on probes into Big Tech companies, attributing the delay to US pressure against DSA (Politico)

Politico:
French President Emmanuel Macron criticizes the EU for being too slow to act on probes into Big Tech companies, attributing the delay to US pressure against DSA  —  French President Emmanuel Macron said Brussels is too slow in its handling of probes into American Big Tech companies due to U.S. pressure over the EU's digital laws.

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Sources: Temasek is in talks to buy a ~5% stake in Quest Global, in a deal that values the engineering services company at $4.6B in the lead-up to its India IPO (Bloomberg)

Bloomberg:
Sources: Temasek is in talks to buy a ~5% stake in Quest Global, in a deal that values the engineering services company at $4.6B in the lead-up to its India IPO  —  Singapore state investor Temasek Holdings Pte is in advanced talks to buy a stake in Quest Global Services Pte …

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MediaTek's stock posted its best week since 2002, up 22%, amid enthusiasm over Google's Gemini 3 and chip deals; MediaTek was reported as Google's TPU partner (Sangmi Cha/Bloomberg)

Sangmi Cha / Bloomberg:
MediaTek's stock posted its best week since 2002, up 22%, amid enthusiasm over Google's Gemini 3 and chip deals; MediaTek was reported as Google's TPU partner  —  MediaTek Inc. shares are poised for their best week since 2002, as artificial intelligence advances at its client Google help reshape …

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Meituan reports Q3 revenue up 2% to $13.4B and a $2.3B adjusted net loss, worse than $1.9B est., its first loss since 2022, amid a price war with JD and Alibaba (Luz Ding/Bloomberg)

Luz Ding / Bloomberg:
Meituan reports Q3 revenue up 2% to $13.4B and a $2.3B adjusted net loss, worse than $1.9B est., its first loss since 2022, amid a price war with JD and Alibaba  —  Meituan posted its first loss in almost three years, reflecting the toll of a three-way battle with Alibaba Group Holding Ltd …

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Gravis Robotics, which adds cameras, sensors, and AI to heavyweight construction machines so they can operate autonomously, raised $23M led by IQ and Zacua (Beatrice Nolan/Fortune)

Beatrice Nolan / Fortune:
Gravis Robotics, which adds cameras, sensors, and AI to heavyweight construction machines so they can operate autonomously, raised $23M led by IQ and Zacua  —  Gravis Robotics, a Zurich-based startup that is turning heavyweight construction machines into autonomous robots …

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