The day in tech.

Tesla CEO Elon Musk announced on November 6, 2026, that Cybertruck production ends midway through 2027. The move follows a net project loss of $1.9 billion after selling 70,000 units over three years. Resources shift to the Cybercab robotaxi. Model S and Model X killed in 2026. Sales fell 48% in 2025 to 20,237 units.

Hundreds of activists breached Microsoft's Amsterdam data center on November 6, 2026, accusing the company of complicity in Gaza. Police arrested one person and confiscated tools. The facility, planned since 2016, will power 30,000 new homes and use 78 megawatts.

Following midterm elections giving Democrats control of Congress, AI stocks suffered a massive sell-off as investors feared new data center restrictions. Nvidia lost 9.3%, AMD shed 17.3%, and Tesla dropped 10.8%. Analysts warn that a Democrat-controlled Congress could slow the projected $7.6 trillion AI infrastructure spending from 2026 through 2031.

Blue Origin delays the New Glenn return-to-flight mission from December until January 2027 following a May 28 explosion. CEO Dave Limp cites rebuilding needs and bad weather, impacting Amazon Leo satellites and NASA Artemis plans while leaving the company years behind SpaceX.

Anthropic PBC faces pressure on its initial public offering plans due to a post-election selloff. Potential buyers now discuss a valuation range of $1.2 trillion to $1.3 trillion, with some weighing a value as low as $1.1 trillion. This shift occurs before the AI lab kicks off formal IPO marketing next week. Company filed amended Form S-1 on Monday.

Microsoft ends a 2023 agreement to rent AI computing from Oracle, declining to renew the contract. Oracle shares fell nearly 3% while Microsoft remains little changed. The move pushes back IREN's target for bringing more than $4 billion in annualized revenue capacity online from year-end to January.

Apple announced Friday that over 100,000 apps are optimized for the iPhone Duo, starting at $1,999. Major services like Google Docs remain unoptimized despite 50 workshops across 19 cities attended by 2,000 developers.

Former FBI supervisor Patrick Steven Yaroch pleaded guilty to stealing $2.47 million in cryptocurrency from 35 investigations. He faces up to 20 years in prison with sentencing scheduled for March 4, 2027. Yaroch used AI to plan his escape to Portugal. Agents seized a Trezor wallet and three passports.

Thailand's SEC blocks Bitget access from Dec. 5 for unlicensed trading between 2022 and 2025. The regulator filed a criminal complaint against BG Limited and ordered the Ministry of Digital Economy and Society to restrict the website, domains, and app. Users must act on held assets before the deadline.

Hackers targeted refrigeration systems across Belgium, Sweden, Ireland, Finland, the Netherlands, and the UK, causing food spoilage. A Stockholm freezer reached 50 degrees Celsius, while a London facility hit 66 degrees. French blood banks were also compromised on 4 November, though no plasma was lost. Experts warn these cyberattacks threaten critical infrastructure and national security.