Techmeme
October 8, 2024, 5:35 AM

Top News

Sean Hollister / The Verge:
Epic v. Google: a US judge orders Google to open the Play Store to rivals from November 1 for three years, distribute third-party stores within Play, and more  —  Google's Android app store is an illegal monopoly — and now it will have to change. … Google will have to distribute rival …
Lee-Anne Mulholland / The Keyword:
Reuters:
Samsung estimates Q3 operating profit up 274% YoY to ~$6.78B, falling short of analysts' estimates of ~$7.66B, as it lags rivals in the booming AI chip market  —  Samsung Electronics (005930.KS) estimated on Tuesday its third-quarter operating profit jumped 274%, but that was short …
Yoolim Lee / Bloomberg:
Samsung Electronics issues a rare apology for posting disappointing preliminary Q3 results and plans to review its organizational culture and processes  —  - Chipmaker has fallen behind rivals in key AI memory segment  — Preliminary results show profit, revenue missing expectations
Reuters:
Zack Whittaker / TechCrunch:
Experts have long warned “secure backdoor” systems are impossible; Salt Typhoon's reported hack of US ISPs' wiretap systems exemplifies the risks of backdoors  —  News broke this weekend that China-backed hackers have compromised the wiretap systems of several U.S. telecom and internet providers …
Joe Rossignol / MacRumors:
Two Russian YouTube channels posted videos of an alleged new 14-inch M4 MacBook Pro base model, in what could be the worst Apple product leak since the iPhone 4  —  Alleged photos and videos of an unannounced 14-inch MacBook Pro with an M4 chip continue to surface on social media …
Bloomberg:
A US bankruptcy judge approves repaying FTX customers, and FTX is in talks over $1B in seized US assets; in June 2024, FTX had $12.6B, which may rise to $16.5B  —  - FTX judge approves plan to distribute at least $12.6 billion  — Company in talks over $1 billion seized by prosecutors
Kathrin Hille / Financial Times:
Foxconn Chair Young Liu says the company plans to build a plant in Mexico's Guadalajara to make Nvidia GB200 Blackwell AI servers, as tech decouples from China  —  Decision to base plant in Guadalajara shows ‘nearshoring’ of supply chains away from China  —  Electronics manufacturing group Foxconn …
Ryan Broderick / Garbage Day:
As Meta proudly unveils AI tools, Facebook users find feeds clogged with AI junk, even when Facebook is needed as a civic resource to coordinate disaster relief  —  Read to the end for furry opera  —  We're inching closer to the Garbage Day Live election special!!!  Over the next few issues, I'll be announcing a new guest.
Lauren Feiner / The Verge:
A US federal judge has given the FTC the green light to pursue antitrust claims against Amazon, but ruled that some claims under state laws won't move forward  —  A federal judge gave the Federal Trade Commission the green light to pursue antitrust claims against Amazon, a newly unsealed order reveals …
Zack Whittaker / TechCrunch:
MoneyGram says hackers “accessed and acquired” some customers' personal and transaction data, including SSNs, during a cyberattack between September 20 and 22  —  U.S. money transfer giant MoneyGram has confirmed that hackers stole its customers' personal information and transaction data during a cyberattack last month.

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Lorenzo Franceschi-Bicchierai / TechCrunch:
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