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October 16, 2024, 8:30 PM
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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.
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.
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.
Jay Peters / The Verge:
Amazon discontinues the Kindle Oasis, which was the only Kindle still available with physical page-turn buttons, introduced in 2016 and last refreshed in 2019
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.
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.
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.
Bloomberg:
ASML's stock fell 16% on October 15, its largest drop since 1998, after a weak 2025 sales forecast, and it extended losses on October 16, closing down 5%  —  - Magnitude of ASML's forecast cut was a surprise, Citi says  — Peer Tokyo Electron among worst hit stocks in Asia, down 10%
Mark Gurman / Bloomberg:
Apple's first chief people officer, Carol Surface, who joined in early 2023, is leaving; retail chief Deirdre O'Brien is reassuming oversight of human resources  —  - Carol Surface joined Apple from Medtronic in 2023 for new role  — The short tenure for a senior executive is rare at Apple
Financial Times:
Sources: Uber has explored a possible bid for Expedia as it seeks to grow into a super app; Expedia, valued at nearly $20B, would be Uber's largest acquisition  —  Buying the travel website would be the ride-hailing group's biggest deal as it looks to diversify
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 …
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.
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 …
Sarah Perez / TechCrunch:
Apple is expanding Apple Business Connect to let businesses, including those without a physical location, manage their presence in Mail, Phone, and Tap to Pay  —  Apple on Wednesday announced an expanded series of tools that will allow businesses to increase their visibility on Apple's platforms via …
RT Watson / The Block:
Crypto derivatives exchange Bitnomial raised $25M led by Ripple and launches Botanical, a futures trading platform in the US currently in closed beta  —  - Bitcoin derivatives exchange Bitnomial announced it has raised $25 million in a funding round led by Ripple.
Reuters:
Robinhood launches its long-awaited desktop platform Robinhood Legend, and plans to add futures and index options trading to its mobile app in the coming months  —  Robinhood (HOOD.O) launched its long-awaited desktop platform and added futures and index options trading features to its mobile app …
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.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:30 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

Peter White / Deadline:
Fox and Hulu extend their content partnership, including in-season streaming rights for Fox's programming; sources: the deal is worth $1.5B over four years

Peter Kafka / Business Insider:
A Q&A with Chris Balfe, CEO of Red Seat Ventures, which has helped Tucker Carlson and Megyn Kelly set up their podcast and streaming businesses and sell ads

Ashley Carman / Bloomberg:
A growing number of podcasters, including Tim Ferriss, are moving away from interviews to monologues or co-hosts, as some well-known guests can be overexposed

More News

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
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

Earlier Picks

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
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
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