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5:30 PM ET, November 4, 2025

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 Top News: 
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 reported active users and sales in the third quarter that surpassed analysts' expectations even as ad-supported revenue fell.
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Sarah Perez / TechCrunch:
Spotify says it now has nearly 500K video podcasts and more than 390M users have now streamed a video podcast on its platform, up 54% YoY
Discussion: MacRumors
Jake Evans / ABC:
Australia plans to introduce legislation this week requiring streamers with 1M+ Australian subscribers to spend 10%+ of their local expenditure on local content  —  In short:  —  Streaming platforms such as Netflix, Disney+ and Amazon Prime will be required to spend a share of their local revenue on making Australian programs.
Sara Fischer / Axios:
Source: the 60 Minutes interview with Trump on November 2 drew 13.2M viewers, according to early Nielsen data, the highest-rated episode since January 2021  —  CBS News' sit-down interview with President Trump Sunday night drew a whopping 13.2 million viewers, according to preliminary Nielsen data shared …
Sophie Culpepper / Nieman Lab:
The Philadelphia Citizen, a decade-old nonprofit dedicated to solutions journalism, acquires Philadelphia Magazine, another instance of nonprofit consolidation  —  The Philadelphia Citizen, the decade-old nonprofit dedicated to solutions journalism and civic engagement, has acquired Philadelphia Magazine.
Xander Elliards / The National:
Jimmy Wales says Wikipedia's “Gaza genocide” page fails to meet its neutrality standards; the article is listed as “protected” until 21:47 UTC on November 4  —  WIKIPEDIA founder Jimmy Wales has intervened over the platform's article on Gaza genocide.
Sam Tobin / Reuters:
The UK's High Court rules against Getty in its lawsuit against Stability AI over its image generator; the judge calls the ruling “extremely limited in scope”  —  Getty Images largely lost its landmark lawsuit against artificial intelligence company Stability AI over its image generator at London's High Court on Tuesday.
Simon Goodley / The Guardian:
Sources: some Telegraph directors alerted the UK government that RedBird's Gerry Cardinale may have breached rules protecting the paper's editorial independence  —  UK government alerted after RedBird Capital's boss allegedly threatened to ‘go to war’ with the title's newsroom
Caitlin Huston / The Hollywood Reporter:
Sources: Netflix has sent out dozens of requests to agents at WME, UTA, and CAA for video podcast creators, and plans to launch video podcasts in early 2026  —  The streamer has sent out dozens of requests to agents at WME, UTA and CAA for video podcast creators.
more at Techmeme »
RELATED:
Ashley Carman / Bloomberg:
Sources: Netflix is in talks to license video podcasts from iHeartMedia and is seeking exclusivity, meaning full episodes would no longer be uploaded to YouTube
Sara Fischer / Axios:
Sources: Vox Media's board has discussed spinning off its podcast network due to active interest; Penske may be interested in Vox's digital publishing assets  —  - Vox Media's largest shareholder, Penske Media Corporation, is possibly interested in the company's digital publishing assets …
Jennifer Maas / Variety:
AI companion tech company Genies launches a tool for celebrities and their agents to develop “expressive AI identities” that can interact with fans  —  AI companion tech company Genies has launched a new creation tools product that will enable celebrities and their talent management organizations …
 
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 More News: 
Emma Roth / The Verge:
OpenAI launches its Sora app on Android, including in the US, Canada, and Japan; the app got 1M+ downloads in the five days after its September iOS launch
 Earlier Picks: 
Katie Deighton / Wall Street Journal:
Coca-Cola releases new AI-generated ads for the 2025 holidays, after finding people didn't know or care about the use of AI, despite criticism for its 2024 ads
Emma Jacobs / Financial Times:
Corporate podcasts are increasingly incorporating video elements, with major companies like IBM and Google producing video interviews featuring executives
Katie Kilkenny / The Hollywood Reporter:
Condé United and The NewsGuild “strongly condemn” Teen Vogue's consolidation, saying it will throttle staff diversity and blunt its progressive political bent
Todd Spangler / Variety:
YouTube rejects Disney's request to restore ABC on November 4, Election Day, amid an ongoing blackout caused by a dispute over rate hikes and pricing
Washington Post:
Source: Laura Loomer has been credentialed to cover the Pentagon, joining a new cohort of right-wing media that have agreed to the Pentagon's new press policy
 

 
From Techmeme:

Anthropic:
Anthropic details the “Assistant Axis”, a pattern of neural activity in language models that governs their default identity and helpful behavior

Simon Willison / Simon Willison's Weblog:
Cursor's recent experiment involved running hundreds of AI agents for nearly a week to build a web browser, writing 1M+ lines of code across 1,000 files

Jiahui Huang / Wall Street Journal:
Sources: Baidu's Ernie Assistant passes 200M MAUs, as competition intensifies among Chinese tech giants in AI; Ernie is linked to apps like JD.com and Meituan
 
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