Welcome back to your daily memorandum talking tech, business, AI, markets, and more. 🗞️

In today’s edition we are tackling the following:

💸 North Korean hackers pose as recruiters and IT workers to steal billions in crypto.
🎮 Elon Musk announces plans for an AI gaming studio.
🎧 Google Chat introduces a new audio-first feature to rival Slack’s Huddles.
🔍 The FTC opens an antitrust investigation into Microsoft’s cloud.
🔥 Former Google and Stripe execs raise $56M to launch AI agents.

TECH

• Google Chat Now Has Its Own Take on Slack’s Huddles

  • Google Chat introduces a new audio-first feature similar to Slack’s Huddles, designed for quick team discussions without needing video.

  • The feature integrates seamlessly with Workspace, offering instant access for teams using Docs, Sheets, or Gmail.

  • Google is targeting enterprise users looking for lighter alternatives to full-scale video conferencing.

• Former Google, Stripe Executives Raise $56 Million for AI Agent Startup

  • Ex-leaders from Google and Stripe secure $56M to launch a startup focused on AI agents for workflow automation.

  • The company aims to develop AI that handles repetitive tasks in finance, HR, and IT, making enterprise processes more efficient.

  • Investors include top-tier VCs betting on the growing demand for AI in enterprise software.

• Elon Musk Announces AI Games Studio

  • Elon Musk hints at a new AI gaming studio, signaling plans to disrupt traditional game development with advanced AI tools.

  • The studio aims to create games blending generative AI, real-time storytelling, and adaptive gameplay for immersive experiences.

  • Musk suggests this venture could redefine gaming by enabling players to co-create worlds and narratives with AI in real time.

BUSINESS

• North Korean Hackers Have Stolen Billions in Crypto by Posing as VCs

  • North Korean hackers use fake identities, including VCs, recruiters, and remote IT workers, to infiltrate global organizations.

  • Microsoft revealed the hackers' strategies including spear-phishing, malware, and deception targeting tech and aerospace industries.

  • Facilitators in the U.S. assist the hackers by handling company equipment and bypassing sanctions.

• FTC Reportedly Opens Antitrust Investigation Into Microsoft

  • The FTC is investigating Microsoft for alleged anti-competitive practices in cloud computing, AI, and cybersecurity product bundling.

  • The probe focuses on whether Microsoft's practices stifle competition, continuing regulatory scrutiny from the Biden administration.

  • With FTC chair Lina Khan's term potentially ending soon, it's unclear if Trump will maintain Biden's regulatory stance on tech giants.

• Bernard Arnault Denies Knowledge of Ex-Spy Chief’s Abuses

  • Arnault testified he was "completely unaware" of an ex-spy chief’s alleged abuses.

  • Former intelligence head faces 11 charges, including misuse of public funds, with accusations linked to protecting LVMH's interests.

  • LVMH settled related claims in 2021, paying €10M in fines without admitting guilt.

CONTENT

• DOGE, EV Tax Credit, Tariffs, Conspiracy Theories, Invest America

  • A conversation between Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism.

  • The discussion ranges from China, DOGE, Governor Newsom’s EV tax credit, Service Titan IPO, FedNow, tariffs.

  • Also, Anthropic open source, Warren Buffet’s thanksgiving letter, Invest America, & more.

• How This Guy Makes His Entire Year's Revenue in Black Friday 

  • Jonathan Courtney reveals Black Friday strategies, from bundling products to creative promo code gamification.

  • Analyzes approaches by brands like Apple, MagicMind, and Endel, highlighting lessons for different business models.

  • Discusses leveraging live streaming and even startup ideas tailored to Black Friday campaigns.

• Using Science to Optimize Sleep, Learning & Metabolism

  • Andrew Huberman dives into circadian rhythms, light exposure timing, and tools to enhance sleep quality and cognitive function.

  • Explains Non-Sleep Deep Rest (NSDR) for learning, and how nootropics can improve focus and metabolism.

  • Shares actionable protocols for exercise, eating habits, and self-experimentation to achieve better health outcomes.

WORLD

• Mexican President Dismisses Trump Tariff Threat After ‘Excellent’ Talk

  • Mexican President Sheinbaum downplayed Trump’s tariff threats, stating no tariff war will occur after their phone call.

  • Trump claimed Sheinbaum agreed to halt migration through Mexico, but Sheinbaum denied closing borders.

  • Mexico continues enforcing existing migration controls under Biden-era policies.

• Russia Tries to Stem Panic Over Plummeting Ruble

  • Russia’s ruble hits historic lows, prompting the central bank to hike interest rates to stabilize the currency.

  • Economic sanctions and oil price volatility worsen the financial crisis, sparking fears of inflation.

  • The Kremlin aims to reassure citizens and investors as confidence in the economy falters.

• Biden And Netanyahu Discuss Gaza Hostage Ceasefire Deal

  • Biden urged Netanyahu to ensure a ceasefire in Gaza holds while focusing on releasing hostages.

  • Talks addressed the growing tension with Hezbollah in Lebanon, stressing de-escalation efforts.

  • U.S. officials aim to balance support for Israel while promoting humanitarian efforts in the region.

AND MORE…

• Stowaway Found on Delta Flight from Paris to New York

  • A stowaway was discovered in the cargo hold of a Delta flight upon landing in New York, having traveled from Paris.

  • Authorities are investigating how the individual bypassed security and survived the transatlantic journey.

  • Delta Airlines confirmed the incident and emphasized cooperation with law enforcement.

• The Loneliness Epidemic Among Gen Z Men and the Role of AI

  • Experts link rising loneliness in Gen Z men to technology reliance and social isolation.

  • Former Google CEO Eric Schmidt warned of AI's role in exacerbating loneliness, advocating for mindful use.

  • AI companions and sex robots spark debate over their impact on mental health and social dynamics.

• Mark Zuckerberg Dines with Donald Trump at Mar-a-Lago

  • Mark Zuckerberg met with President-elect Donald Trump at Mar-a-Lago, signaling improving relations after years of tension.

  • Trump had threatened Zuckerberg with jail over election interference but has changed his stance in recent elections.

  • Despite the meeting, Trump’s bond with Elon Musk remains stronger, with Musk appointed to lead a new government efficiency department.