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Tech Beat · 10 PM Update

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Cybersecurity is attracting serious capital. Ted Schlein's Ballistic Ventures is seeking to raise three hundred sixty million dollars for a new flagship fund, plus another one hundred thirty million in a separate vehicle. The bet is straightforward: as AI accelerates both attacks and defenses, specialized security investors see a long runway ahead.

Shifting to social media's search for revenue, Reddit is testing in-app search advertisements as its traffic from Google continues to soften. The platform wants to connect advertisers with users showing high purchase intent right at the moment they're searching. It's a pivot that signals Reddit is no longer content leaning on outside search engines to drive its value.

And for those who need raw computing power, Apple has expanded the Mac Studio lineup to include five hundred twelve gigabytes of unified memory. The fully loaded configuration with sixteen terabytes of storage will run you nearly thirty thousand dollars. Apple frames it as a professional tool, though the price-per-gigabyte has climbed roughly four times higher than last year's equivalent upgrade.

Those are the stories moving the needle today. Keep surfing. Tech Beat out.

Sources

  1. https://techcrunch.com/2026/11/03/ted-schleins-ballistic-ventures-seeks-490m-for-new-funds-amid-ai-driven-cybersecurity-boom/
  2. https://globalnews.ca/news/12134994/b-c-team-unaware-executive-under-investigation/
  3. https://globalnews.ca/news/12134988/elks-rankin-looks-to-solve-lions-run-defence/
  4. https://kottke.org/26/11/0049923-do-you-think-you-could-wr
  5. https://www.engadget.com/2305984/reddit-is-testing-search-ads-as-traffic-from-google-declines/
  6. https://globalnews.ca/news/12134917/de-havilland-water-bomber-production-federal-financing/
  7. https://www.wired.com/story/iphone-duo-carrier-deal-november-2026/
  8. https://www.techradar.com/pro/apple-will-now-sell-you-a-mac-studio-with-512gb-of-ram-but-itll-cost-you-as-much-as-a-good-sized-family-car
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