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October 16, 2024, 4:45 PM
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Top News

David Pierce / The Verge:
Amazon unveils the $280 Kindle Colorsoft Signature Edition, its first color e-reader with a Paperwhite-like design and color E Ink display, shipping October 30  —  For years, Kindle users have asked Amazon to make a color version of its e-reader. … The Colorsoft costs $279.99 and starts shipping on October 30th.
Sheena Vasani / The Verge:
Amazon updates Kindle Paperwhite, adding a larger, brighter 7" display and faster page turns for $160+, and Kindle, adding color options and speed improvements  —  Amazon introduced updated versions of the Kindle and Kindle Paperwhite on Wednesday, only a few hours after inadvertently leaking them both.
David Pierce / The Verge:
Amazon updates the Kindle Scribe to add modest design improvements like white bezels, a new stylus, and a more paper-like feel, shipping December 4 for $400  —  Ever since Amazon launched the Kindle Scribe in 2022, the company has been noticing some unusual ways people are using the device.
Tony Polanco / Tom's Guide:
Kindle Colorsoft hands-on: bold and sharp color on a 7" display, wireless charging, and comfortable, lightweight design, but pricier than other Kindles at $280  —  The Kindle Colorsoft is shaping up to be a winner  —  Early Verdict … The Kindle Colorsoft ($279) is the first color Kindle and something I've been waiting years for.
Diana Olick / CNBC:
Amazon signs three deals to help develop small modular nuclear reactors in the US, with Amazon's Climate Pledge Fund leading a $500M Series C-1 for X-energy  —  Amazon Web Services is investing more than $500 million in nuclear power, announcing three projects from Virginia to Washington state.
Emma Roth / The Verge:
The US FTC adopts its final “click-to-cancel” rule requiring businesses to make canceling a subscription as easy as signing up, after proposing the rule in 2023  —  The US Federal Trade Commission is taking action against subscriptions that are difficult to get rid of.
Eduardo Baptista / Reuters:
The Cybersecurity Association of China says Intel products sold in the country should be subject to a security review, alleging it has “constantly harmed” China  —  Intel (INTC.O) products sold in China should be subject to a security review, the Cybersecurity Association of China …
Bloomberg:
ASML's stock falls the most since 1998 after projecting sluggish 2025 sales, erasing €50B from its market cap and causing Nvidia and other chip stocks to fall  —  - Magnitude of ASML's forecast cut was a surprise, Citi says  — Peer Tokyo Electron among worst hit stocks in Asia, down 10%
Kyle Wiggers / TechCrunch:
Mistral releases Les Ministraux AI models in 3B and 8B sizes with 128K context windows, aimed at on-device translation, internet-less smart assistants, and more  —  French AI startup Mistral has released its first generative AI models designed to be run on edge devices, like laptops and phones.
Joseph Menn / Washington Post:
The US charges two Sudanese brothers with running Anonymous Sudan, a cyberattack-for-hire gang allegedly responsible for 35,000 DDoS attacks in a single year  —  Government says two brothers targeted big U.S. corporations, a hospital and an Israeli defense system in a mostly ideologically driven operation.
Natasha Lomas / TechCrunch:
The EU declines to designate X as a DMA gatekeeper after an investigation found that “X is not an important gateway for business users to reach end users”  —  Elon Musk's X won't be regulated under the European Union's Digital Markets Act (DMA) the Commission decided Wednesday …
Rachel Metz / Bloomberg:
Lightmatter, which uses silicon photonics with waveguides instead of wires in chips, raised a $400M Series D led by T. Rowe Price at a $4.4B valuation  —  Investors put $400 million into the company, which aims to make it faster to build new AI software.
Natalie Lung / Bloomberg:
Airbnb launches the Co-Host Network to help homeowners hire fellow hosts to manage their rentals in the US, the UK, Canada, France, Spain, and Brazil  —  - Homeowners can pay co-hosts to set up listing, manage guests  — Firm won't take commission when hosts connect with each other
The Citizen Lab:
An analysis of WeChat's network protocol MMTLS finds that it is a modified version of TLS 1.3 and WeChat developers' changes to its cryptography add weaknesses  —  Key contributions  — We performed the first public analysis of the security and privacy properties of MMTLS …
Kyle Wiggers / TechCrunch:
Dane Stuckey, the former CISO of Palantir, joins OpenAI as its CISO and will serve alongside OpenAI head of security Matt Knight  —  Dane Stuckey, the former CISO of analytics firm Palantir, has joined OpenAI as its newest CISO, serving alongside OpenAI head of security Matt Knight.
Natalie Lung / Bloomberg:
Instacart names Anirban Kundu, head of engineering for Uber's delivery business, as its new CTO, a position that has been vacant for eight months  —  - Anirban Kundu to join Instacart Oct. 28, company says  — Kundu was head of engineering for Uber Eats and delivery ads
More: Grocery Dive.  X: @natlungfy
Jessica Piper / Politico:
FTC data: three crypto super PACs have spent $82M in 19 races, including $40M in Ohio and $10M in Arizona; the ads focus on candidates and rarely mention crypto  —  Super PACs funded by the crypto industry are pouring massive amounts into congressional races, and not a single ad actually mentions crypto.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:45 PM ET, October 16, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Charlotte Tobitt / Press Gazette:
Similarweb: total desktop social referral traffic from Facebook grew 75% YoY for 68 top English-language news sites due to algorithm changes in January 2025

Reuters:
MoffettNathanson: a US recession may result in $45B in lost ad spend in 2025 and ad budgets shifting from traditional TV to alternatives like streaming services

Devin Leonard / Bloomberg:
A profile of Hipgnosis founder Merck Mercuriadis, who stepped down in July 2024 after accusations of mismanagement, conflicts of interest, and accounting issues

More News

Earlier Picks

Prarthana Prakash / Fortune:
Amsterdam-based Tebi, a payments app aimed at independent businesses like bars and cafes, raised a €20M Series A led by Index Ventures
Bloomberg:
Filing: Elon Musk poured ~$75M into his pro-Trump America PAC, making seven donations between July 3 and September 5; Musk was the PAC's only donor
Michael Nuñez / VentureBeat:
Anthropic updates its Responsible Scaling Policy, setting benchmarks for when an AI model's abilities reach a point where additional safeguards are necessary
Wired:
A review of Character.AI finds several instances of AI personas being created without a person's consent, seemingly violating the company's terms of service
Umar Shakir / The Verge:
YouTube rolls out a new “captured with a camera” label, using the C2PA standard to detect if the video came from a real camera with unaltered footage and sound
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