Daily Recap: Tech — 4 November 2026

Tech news today is dominated by control over critical systems: from one of crypto’s biggest thefts to new restrictions around advanced AI hardware and fresh cost pressures inside major platforms. At the same time, companies are pushing new network, gaming and consumer features wh...

Binance says a months-long intrusion led to the theft of about $6.3 billion in digital assets after attackers infected laptops, compromised internal tools and ultimately seized control of wallet systems. The incident points to a layered breach that moved from employee devices into core exchange infrastructure, allowing transactions to be authorised and funds removed at massive scale.

Oracle has cancelled a reported $7 billion chip-leasing deal with Tencent after US government concerns about giving the Chinese company access to advanced AI hardware. The arrangement would have placed large numbers of high-end chips in Oracle data centres in Southeast Asia over roughly five years, underscoring how export controls now shape cloud and AI infrastructure deals.

Google is expanding voluntary exit packages to employees in Canada, France, Germany, Japan and Switzerland as it manages rising costs tied to its AI buildout. The programme extends an earlier buyout effort and signals continuing pressure on large tech groups to fund expensive AI investments while reshaping headcount outside the United States.

SpaceX has signed a multi-year deal with Qualcomm to provide technology for Starlink Mobile’s planned US terrestrial 5G network. Qualcomm will supply Dragonwing components and software for base stations to support voice and data services, with early deployments expected in 2027 as SpaceX moves beyond satellite broadband into ground-based mobile infrastructure.

Nintendo faces possible pressure on physical game supply after Macronix says it is gradually exiting ROM production. Because Macronix is a key supplier of ROM chips used in Switch cartridges, the move could tighten availability and raise costs for physical releases on both the current Switch and the Switch 2.

Telstra customers across Australia are reporting unexplained missed-call notifications and voicemail alerts tied to people who say they never called. The issue appears in call logs and SMS inboxes, leaving users unsure whether a real call took place and raising fresh questions about the reliability of the carrier’s MessageBank-related systems.

Nexus Mods now requires creators to disclose when AI was used to make or assist a mod, while stopping short of banning AI-generated content outright. The policy applies to new uploads, adds notices for existing mods and gives users new filters for AI-related material, reflecting a moderation approach built around transparency rather than prohibition.

Apple Music is testing a new “Selfie Sing” feature in the iOS 27.3 beta that lets users record karaoke-style selfie videos while on-screen lyrics play. The mode uses the iPhone’s front camera and includes voice-adjustment options, extending Apple Music’s sing-along features further into short-form personal video creation.