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ElevenLabs doubles its valuation to $22 billion, and plans to be IPO-ready by 2028.

52 minutes ago

Dongcha Beating AI News Flash: AI voice company ElevenLabs CEO Mati Staniszewski said he aims to be IPO-ready by 2028, though a final listing date has not been set. In September this year, ElevenLabs raised its valuation to $22 billion via a secondary share sale to employees, doubling from the $11 billion valuation at its February funding round. The $300 million deal proceeds are primarily for employee liquidity. ElevenLabs first gained fame for AI dubbing and voice cloning, and is now pivoting to enterprise voice agents that help businesses automate customer service, appointments, insurance renewals and other operations. Enterprise clients currently contribute 55% of the company’s revenue, and its voice agents handle over 15 million conversations weekly, three times the volume recorded in February this year. In September, ElevenLabs also disclosed an annual recurring revenue (ARR) of around $600 million, translating to a valuation of approximately 37 times ARR. The same month, the firm hired former Adyen CFO Ethan Tandowsky, who was involved in the payments provider’s IPO, to oversee its finance operations.

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GOP wins Florida Senate seat, Democrats hold overall majority.

According to real-time data, the Republican Party has won the Florida Senate seat. Republican candidate Ashley Moody defeated Democratic opponent Angie Nixon in the election. Moody was previously appointed by the governor to serve the seat temporarily, and her victory enables her to formally complete the remaining term. Overall, the Democratic Party still holds a significant lead (45:34), has successfully flipped the North Carolina Senate seat, and currently needs a net gain of 3 seats (total +4) to regain the Senate majority.

9 minutes ago

SlowMist's Yu Xian: The Binance hack incident involves an advanced persistent threat (APT) attack, and individuals and enterprises should check for poisoning risks.

SlowMist founder Yu Xian published an article noting that Binance’s disclosed hack process was an Advanced Persistent Threat (APT) attack, which should not be viewed merely as a result of engineer operational errors or excessive permissions. He explained that such attacks may span multiple stages including intelligence reconnaissance, social engineering, malicious code evasion, trust chain exploitation, lateral poisoning, cloud environment penetration, and risk control circumvention, and may also leverage zero-day vulnerabilities. Yu Xian reminded individuals and enterprises to use this incident to assess whether themselves, colleagues, and employees are vulnerable to similar poisoning attacks, and to enhance their defenses. The initial social engineering is just one component of the attack chain; seemingly simple tactics can trigger severe consequences in specific contexts.

9 minutes ago

The Democratic Party further expanded its lead in the House of Representatives election.

According to the latest data, 96 House of Representatives seats in the current U.S. midterm elections have been called. The Democratic Party has won 67 seats (flipping 1 seat), while the Republican Party has secured only 29 seats.

9 minutes ago

The Democratic Party successfully flipped a U.S. Senate seat from North Carolina, moving closer to taking control of the U.S. Senate.

Latest data shows roughly 10 Senate races have been called, with Democrats holding 43 seats and Republicans 32, marking a net gain of one seat for the Democratic Party. The gain comes from North Carolina, where former Democratic Governor Roy Cooper defeated his Republican opponent to flip the seat—previously held by Republicans—this is the first confirmed Senate flip of the current midterm elections. Many key swing states, including Ohio, Texas, South Carolina, and Michigan, are still counting votes. Democrats hold a narrow lead in early counts for some Republican-held seats, but those results have not yet been officially called. Democrats need a net gain of three more seats (a total of four gains) to retake the Senate majority. Since the vice president is a Republican, a 50-seat caucus would be enough to control the chamber. Results are still being updated.

9 minutes ago

Apple restricts employees from participating in prediction markets and prohibits betting using the company's insider information.

Apple has submitted an annual filing to the U.S. Securities and Exchange Commission (SEC), updating its insider trading policy and explicitly listing prediction market trading as a separate prohibited activity. The company requires employees to refrain from using confidential Apple information obtained through their work to place bets or conduct trades on prediction market platforms such as Polymarket; even if such conduct does not constitute insider trading or securities trading under applicable laws, it still violates the firm’s policy.

9 minutes ago

The three major US stock index futures continue to decline, with Nasdaq 100 index futures falling by more than 2%.

According to data from the BIT stock platform, the three major U.S. stock index futures continued to decline. The Nasdaq 100 futures fell more than 2%, the S&P 500 futures dropped 0.85%, and the Dow Jones futures fell 0.35%.

9 minutes ago

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