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11/13
14:27
AI server manufacturer xFusion has received approval for a $1.2 billion IPO on the Shenzhen Stock Exchange ChiNext board.
14:24
Microsoft is rushing to fix a global service outage, stating that the disruption is unrelated to a cyberattack.
14:16
Musk quotes @bot: Mac version of Grok Bot now integrates with Mail, Calendar, and other apps
Musk quoted a post by @bot on X, stating that the Mac version of Grok Bot now supports Messages, Mail, Notes, Reminders, Calendar, Location, and Contacts. This describes the features listed in the post he quoted.
14:16
The Korea Herald: Samsung Bio labor union plans to vote on joining FKTU
According to The Korea Herald, the labor union of Samsung Biologics plans to hold an online vote from Friday to next Tuesday to decide whether to join the Federation of Korean Trade Unions (FKTU). The report stated that the union's second round of partial strikes has entered its second week, and both labor and management plan to resume collective bargaining next week. Joining the FKTU is still subject to the vote, and the report did not state that the affiliation has been completed or that a labor-management agreement has been reached.
14:16
CoinDesk: Nakamoto owes Kraken $165 million, exceeding its market cap
According to CoinDesk, Bitcoin-holding company Nakamoto owes Kraken approximately $165 million, an amount exceeding its total market capitalization. The report's summary notes that about 70% of the company's Bitcoin has been pledged as collateral to the exchange, citing an average acquisition price of roughly $118,000 per coin; Bitcoin was trading below $69,000 at the time of the report. The figures reflect the debt, holdings, and price data as of the reporting time, and the report did not state that the company has defaulted or that its collateralized assets have been liquidated.
14:15
On-chain data: An ETH long whale with a 100% win rate suffers a $7.3 million floating loss on a single trade, turning its total profit into a loss
14:07
The Defiant: Injective opens voting for Veyra upgrade, scheduled for November 24
According to a summary by The Defiant, Injective has initiated voting for the Veyra upgrade. The proposed upgrade, scheduled for November 24, will expand asset transfer and trading infrastructure. At the time of reporting, the vote had not yet reached the quorum, and the upgrade remains a proposal. Meanwhile, the CypherOS privacy features remain on the roadmap and are not being delivered in this upgrade.
14:06
U.Today: XRPL plans to release v3.5.0 on December 3 to fix intermittent slow ledger closures
According to U.Today citing an announcement from XRP Ledger Operations, the XRP Ledger is scheduled to release version 3.5.0 on December 3, focusing on technical improvements and bug fixes, including a long-term fix for the recent sporadic slow ledger closing issue. The report noted that while previous temporary configuration adjustments have improved closing speeds, the official software fix is still pending release.
14:06
South China Morning Post: SMIC expects AI hashrate shortage to persist until 2028
According to a summary by the South China Morning Post, SMIC expects that ongoing data center construction will keep AI computing power in tight supply over the next two years, with the shortage potentially lasting until 2028. The report also noted that U.S. export restrictions on advanced processors to China could tighten further, which may accelerate China's reliance on domestic wafer foundries. These are projections and risk assessments from the report; it was not stated that new restrictive measures have already been implemented.
14:04
El Niño and Biodiesel Policies Cause Double Squeeze, Indonesia's Palm Oil Industry Faces Shortages
14:03
The Hang Seng Index fell 1.54% from its previous close, currently trading at 23,639.21.
13:58
Musk reposted to show that SpaceX is building a supercomputer campus and supporting public utilities in Brownsville, Texas.
13:53
Analysts say Jensen Huang's departure could give South Korean HBM suppliers greater bargaining power
13:53
Lookonchain: A whale opened a short position of 3.32 million BTW on Aster_DEX, currently sitting on an unrealized profit of $989,000.
13:48
Spot Bitcoin ETFs have seen net outflows exceeding $1.5 billion year-to-date.
Spot Bitcoin ETFs have seen net outflows exceed $1.5 billion year-to-date, with recent frequent large-scale redemptions exacerbating the market correction. The spot price of Bitcoin broke below $70,000 on Friday, hitting a new low since August.
13:46
Al Jazeera cites UNRWA head: $250 million budget shortfall this year, may be forced to cut staff
According to Al Jazeera, Christian Saunders, Acting Head of the United Nations Relief and Works Agency (UNRWA), stated at a UN General Assembly committee meeting that the agency is facing a $250 million budget shortfall this year and may be forced to cut staff without emergency funding. He noted that the agency needs to apply for emergency loans to keep paying staff salaries through December, adding that it continues to provide aid to approximately 1.7 million Palestinians in Gaza. The report did not state whether the loans have been approved or if layoffs have already been implemented.
13:37
Lookonchain: A wallet sold 1,499.5 ETH at $1,998 after receiving 1,500 ETH from Tornado Cash
13:32
UNRWA Funding Cuts Compound Conflicts, Deepening the Plight of Palestinian Refugees in Lebanon
13:23
Asian refiners step up Middle East crude imports as supply rebounds
13:16
CoinDesk Citing Bloomberg: SpaceX and Tesla Discuss Merger, Existing Bitcoin Holdings Draw Attention
According to CoinDesk, citing a Bloomberg report based on people familiar with the matter, SpaceX and Tesla are discussing a potential merger, which could be announced as early as December or pushed back to early 2027. CoinDesk reported that as of the end of September, the two companies held 18,712 and 11,509 BTC respectively, totaling approximately 30,200 BTC. Based on the BTC price of nearly $69,000 used in the report, the holdings are valued at about $2.1 billion. These are existing holdings, and the merger itself does not require any new Bitcoin purchases. The transaction remains subject to recommendations from relevant committees and necessary shareholder approval.
13:16
SCMP Citing Morgan Stanley: A-Share Weighted Sentiment Indicator Falls to 15%, Breaking Below Excessive Bearishness Threshold
According to the South China Morning Post, citing a Morgan Stanley report, as of November 11, the bank's weighted A-share sentiment indicator fell 16 percentage points from November 5 to 15%, dropping below its 22% excessive bearishness threshold. The report noted that the bank therefore maintains a cautious outlook on mainland stock markets. The change referred to here represents the percentage point shift in the sentiment indicator, rather than the price decline of A-shares or the proportion of investors.
13:16
Financial Times: Nscale Says It Needs Additional Financing to Fulfill Anthropic Contract
According to the Financial Times, Nscale, an NVIDIA-backed cloud computing provider, told investors as it prepares for an IPO that it needs to secure additional funding to fulfill its contract with Anthropic. The news highlights its capital requirements, though the report's summary did not disclose the specific amount of this additional financing.
13:11
TRM Labs Launches New Service to Help Law Enforcement Seize Stolen Crypto Assets in Minutes
TRM Labs has launched a new service designed to assist law enforcement in seizing stolen crypto assets within minutes. The service is built on the Beacon Network, which comprises over 200 members and covers 80% of cryptocurrency trading volume.
13:06
Emerging market equities are poised for their first weekly gain since September, driven by a rebound in tech stocks
Emerging market stocks are poised for their first weekly gain since September, driven by a rebound in tech shares as investors return to the sector, betting that NVIDIA's recent volatility will not derail the broader artificial intelligence industry.
13:04
Chris Van Hollen challenges Chuck Schumer for Senate Democratic leadership
12:55
South Korean apparel manufacturer Youngone has resolved a four-year arbitration dispute over Swiss firm Scott, increasing its stake to 96.71%.
South Korean apparel manufacturer Youngone Corporation has resolved a four-year international arbitration dispute, ultimately securing a 96.71% stake in Swiss high-end sportswear brand Scott Corp. and eliminating governance uncertainty. According to industry sources, the International Court of Arbitration issued its final ruling on October 19, determining the final purchase price for the acquired shares and bringing an end to the dispute that began in September 2022.
12:47
The Korea Herald: Combined Q3 net profit of South Korea's top 5 brokerages plunges 81.13% quarter-on-quarter
According to a report by The Korea Herald on November 13, Mirae Asset Securities, Korea Investment & Securities, NH Investment & Securities, Kiwoom Securities, and Samsung Securities posted a combined net profit of 851.2 billion won in the third quarter, representing an 81.13% decline from 4.51 trillion won in the second quarter. The report attributed the profit drop to cooling stock trading, rising market利率 (market interest rates), and valuation losses on investment assets. The aforementioned decline is on a quarter-on-quarter basis, rather than year-on-year or a cumulative figure for the first three quarters.
12:47
Al Jazeera: Waltz plans to visit Lebanon next week, US considers adjusting UNIFIL mandate
According to Al Jazeera, U.S. Ambassador to the United Nations Mike Waltz plans to visit Lebanon next week. The report cited statements from Secretary of State Marco Rubio indicating that the U.S. is considering replacing the current mandate of the United Nations Interim Force in Lebanon (UNIFIL) with a civilian mission. This is among the proposals currently under discussion by the U.S. and cannot be regarded as a replacement arrangement already approved by the United Nations.
12:47
Nikkei Asia: Toyota Expands China Local EV Supply Chain to Cut Costs
According to Nikkei Asia, Toyota is adjusting its electric vehicle supply chain in the Chinese market. Moving beyond its traditional network of Japanese-affiliated suppliers, the company is expanding component procurement from local domestic enterprises to lower EV costs and better compete with Chinese rivals. The report describes an expansion of procurement channels and does not state that Toyota will completely sever ties with its existing Japanese suppliers.
12:44
Kia plans to invest $2 billion to build its second manufacturing plant in India
Kia plans to invest $2 billion to build its second manufacturing plant in India to expand its local market capacity. Kia India has signed a memorandum of understanding with the government of the southeastern Indian state of Andhra Pradesh. The new plant will be located in Anantapur and is scheduled to begin production in early 2030, with an annual capacity of 200,000 vehicles.

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