PS5 will launch on Nov. 12 in N. America, Japan, Mexico, AU, and NZ for $500 for Blu-ray drive version and $400 for Digital Edition, in more regions on Nov. 19

Ok, the gaming wars are officially joined. The PlayStation 5 will launch on November 12 in North America, Japan, South Korea, Mexico, Australia and New Zealand for $500. That’s the Blu-ray drive version. You can also get a $400 digital edition, which will be launching in more regions, but also on November 19.

More: VentureBeat, The Verge, The Verge

Sources: Oracle's bid for TikTok falls short of addressing Trump administration's national security concerns; a final decision has not yet been reached

Ah… TikTok. Sources are telling Bloomberg that Oracle’s bid for TikTok falls short of addressing the Trump administration’s national security concerns, and because they’re not satisfied, a decision regarding the TikTok situation has not been released yet.

More: Bloomberg

Snowflake opened at $245, after pricing its shares at $120, far above the original range of $75-$85 from last week, and closed at over $250

So, let’s come back to yesterday’s big IPO for a bit. Snowflake was already the biggest software IPO of all time when it priced its shares at $120. That was great. The original pricing range was $75-$85. But when trading opened, the price rocketed to $245, went as high as $319 and then settled down to close at $253. So, Snowflake was worth $70.4 billion, up five times from its $12.4 billion valuation. Wow. What happened?

More: Axios, Bloomberg

A look at Red Ventures, which has quietly assembled a 100+ site portfolio including CNET

There was some other headlining financial news recently that we didn’t cover. CNET, that venerable tech and gadget news venue was sold from ViacomCBS to Red Ventures for around $500 million dollars. I bring this up to mention CNET is still around of course, but also to take a look at Red Ventures, cause they’re interesting. They’ve quietly cobbled together a portfolio of more than 100 sites including The Points Guy, Healthline, and a bunch more. What’s interesting is their business model: Red Ventures mostly makes money through affiliate commissions.

More: Digiday

Apple event reveals Jony Ive's favorite office chair: The Supporto

Finally today, remember during Apple’s most recent event, there was a part of the video where we followed Apple’s VP of Platform Architecture Tim Millet into what appeared to be Apple’s silicon lab. Lots of people were looking at the gear on the clean white tables to try to suss out what was being developed.

More: Gear Patrol