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October 17, 2024, 9:00 PM
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WeSmirchTop News
| Miles Kruppa / Wall Street Journal: |
Prabhakar Raghavan will leave his role overseeing Google search and ads products, to be replaced by Nick Fox; Raghavan will become Chief Technologist — Prabhakar Raghavan, the most senior Google executive overseeing its search engine and ads products, is leaving the role after a four-year tenure leading …
More: The Keyword, The Verge, The Information, SiliconANGLE, PYMNTS.com, The Decoder, Android Authority, Barron's Online, Search Engine Journal, The Information, WinBuzzer, CNBC Television on YouTube, TipRanks Financial, CNBC, Android Headlines, Search Engine Land, TechCrunch, and BGR
LinkedIn: Lily Ray and Anthony Higman
| Ina Fried / Axios: |
More: Android Police, Reuters, Android Central, Bloomberg, BNN Bloomberg, and 9to5Google
| Sarah Whitten / CNBC: |
Netflix reports Q3 revenue up 15% YoY to $9.83B, vs. $9.76B est., paid memberships up 14% to 282.72M, vs. 282.15M est., and net income of $2.4B — LOS ANGELES — Netflix reported earnings after the bell. Here are the results. — Earnings per share: $5.40. That may not compare with the $5.12 expected by LSEG.
More: Thurrott, Investor's Business Daily, The Verge, The Information, Business Insider, Adweek, Light Reading, Front Office Sports, Reuters, Deadline, Forbes, Benzinga, Proactive, The Wrap, Wall Street Journal, Variety, Shacknews, The Motley Fool, Media Play News, StreamTV Insider, The Desk, FX Empire, The Streamable, TipRanks Financial, Netflix, Entrepreneur, and TVNewsCheck
| Todd Spangler / Variety: |
More: AdExchanger, Financial Times, MarketWatch, Yahoo Finance, Game Developer, and FX Empire
| Samantha Cole / 404 Media: |
Sources: Matt Mullenweg offered another buyout offer to Automattic staff; Mullenweg appears to have redirected staff's Blind sign-up emails to himself — After an exodus of employees at Automattic who disagreed with CEO Matt Mullenweg's recently divisive legal battle with WP Engine … | Ina Fried / Axios: |
Sam Altman's Worldcoin rebrands as World, unveils a new Orb powered by Nvidia's Jetson chipset, plans to integrate its ID verification into other software, more — - It also is updating its mobile app to support “mini apps” from various third parties. — World said the new version … | Sarah Perez / TechCrunch: |
X updates its Privacy Policy to allow third-party “collaborators” to train their AI models on X user data, unless the user opts out, effective November 15, 2024 — On Wednesday, social network X (formerly Twitter) updated its Privacy Policy to indicate that it would allow third-party … | Forbes: |
Sources: Stripe is in talks to acquire startup Bridge, a provider of infrastructure for crypto stablecoins, for $1B; Bridge raised $58M — The acquisition, potentially Stripe's largest to date, would come as the $70 billion fintech high-flyer makes a bigger push into stablecoin payments.
More: Bloomberg, TechCrunch, The Information, SiliconANGLE, Cointelegraph, CCN.com, Cryptopolitan, CryptoSlate, The Tech Report, and Finextra. X: @alexrkonrad
| Sarah Wynn / The Block: |
The FBI charges Alabama man Eric Council Jr. with hacking the SEC's X account on January 9, 2024 to post a fake announcement about approving spot bitcoin ETFs — - Eric Council Jr., 25, was charged with “conspiracy to commit aggravated identity theft and access device fraud.”
More: US Department of Justice, The Verge, BleepingComputer, CoinGape, Associated Press, Alabama Reflector, PC Gamer, Engadget, iTnews, Barron's Online, Forbes, Bloomberg, Quartz, Coinpedia Fintech News, al.com, The Record, CyberScoop, Dallas Morning News, Decrypt, Reuters, TechCrunch, CoinJournal, Axios, Bitcoinist.com, crypto.news, Benzinga, CoinDesk, The Crypto Times, Cryptonews, CryptoSlate, Watcher Guru, Cryptopolitan, Blockworks, Crypto Briefing, and Bitcoin Insider
X: @swiftstories, @beausecurity, @gee_gee_123, @tier10k, @zachxbt, @tier10k, and @icebergy_
| Rich Woods / XDA Developers: |
Qualcomm cancels the Snapdragon Dev Kit, which was supposed to ship in June, and will offer refunds, as the product failed to meet its “standards of excellence” — - Qualcomm canceled the Snapdragon Dev Kit & will offer refunds, as the product failed to meet its “standards of excellence”.
More: Jeff Geerling, The Register, How-To Geek, Notebookcheck, VideoCardz.com, Tom's Hardware, Liliputing, Thurrott, and Neowin
| Investing.com: |
Billing software company Zuora to be acquired by Silver Lake and GIC in a deal valued at $1.7B, an 18% premium to the closing price when acquisition talks began — REDWOOD CITY, Calif. - Zuora, Inc. (NYSE: NYSE:ZUO), a company specializing in monetization solutions for modern businesses …
More: Zuora, Inc., The Information, SiliconANGLE, PYMNTS.com, Constellation Research, TechCrunch, Bloomberg, and Reuters
| Emma Roth / The Verge: |
On a podcast, Donald Trump says Tim Cook called him “hours ago” to complain about EU fines and that Cook said the EU uses fines “to run their enterprise” — Donald Trump said Apple CEO Tim Cook called him to discuss the billions of dollars that Apple has been fined in the European Union.
More: PBD Podcast on YouTube, Reuters, ABC News, AppleInsider, Mediaite, The Gateway Pundit, iClarified, Cryptopolitan, 9to5Mac, iPhone in Canada Blog, Quartz, and The Daily Caller
Threads: @mgsiegler and @reckless1280
Mastodon: @stroughtonsmith … and @parismarx@mastodon.online
X: @liz_churchill10, @joma_gc, @amuse, @mgsiegler, and @thecalvincooli1
Forums: r/technology, r/politics, and r/europe
| Financial Times: |
Sources: last week, Meta fired ~24 staff in LA for using $25 meal credits to buy household items, as it restructures WhatsApp, Instagram, and Reality Labs teams — The terminations took place last week, just days before the $1.5tn social media company separately began restructuring certain …
More: The Verge, The Guardian, TechCrunch, SiliconANGLE, The Information, Fortune, Fast Company, Telegraph, 9News, iPhone in Canada Blog, VICE, BroBible, Silicon UK, UPI, Fox Business, Latin Times, Entrepreneur, Newser, New York Post, Quartz, Digital Music News, GB News, San Francisco Chronicle, Android Headlines, Silicon Valley Business …, Benzinga, International Business Times, PYMNTS.com, and Business Insider
Threads: @wongmjane, @lorakolodny, @david_j_doherty, @lemayzing42, @crumbler, and @mergesort
X: @buccocapital, @mshannahmurphy, @quinnypig, @mshannahmurphy, @aishagani, @joshconstine, @realneilraina, @antoinegara, @kantrowitz, @nash076, @sadlyitsbradley, and @alexeheath
Forums: Hacker News, Blind, Blind, r/nottheonion, and Ars OpenForum
| Sarah Perez / TechCrunch: |
On Apple Pay's 10th anniversary, Apple adds support for Klarna in the US and UK and plans to expand installment loan options and add reward redemptions — On Thursday, Apple celebrated 10 years with Apple Pay and announced how the service will evolve in the future, including features … | Jagmeet Singh / TechCrunch: |
Google adds an option for NotebookLM users to customize audio summaries, launches a NotebookLM Business pilot, and says 80K+ organizations use the tool — Google Thursday updated the audio summarization feature of its AI note-taking and research assistant NotebookLM, which recently gained …
More: The Keyword, Simon Willison's Weblog, Wired, Android Authority, Android Central, The Decoder, TechRadar, VentureBeat, Tom's Guide, 9to5Google, TestingCatalog, and WinBuzzer
Threads: @thiccreese and @rstephens
| Paul Sawers / TechCrunch: |
Private equity firm Permira acquires Squarespace after raising its bid to $7.2B; Squarespace sells restaurant reservation service Tock to Amex for $400M — Website builder Squarespace is no longer a publicly-traded company, after private equity firm Permira procured all remaining common stock in the firm.
More: Permira, SiliconANGLE, and Cautious Optimism
| Qianer Liu / The Information: |
Sources: the US is probing if TSMC has been making AI or smartphone chips for Huawei in breach of US sanctions, including Huawei buying chips via intermediaries — The U.S. Commerce Department is investigating whether Taiwan Semiconductor Manufacturing Co. has been making artificial intelligence … | Kif Leswing / CNBC: |
Unity launches the Unity 6 game engine, emphasizing stability, predictable updates, and support for hundreds of players in the same virtual world simultaneously — Five months into his tenure as CEO of Unity Software, Matt Bromberg is overseeing his first big product launch as he tries …
More: Unity, Developer Tech News, WinBuzzer, IGN, Bloomberg, The Verge, and Eurogamer.net
| Bloomberg: |
Sources: the EU warns X that it may calculate fines against X by including Elon Musk's other companies' revenue; the DSA can fine 6% of global annual revenue — - Commission may base fine on revenue from Musk's ventures — Investigators haven't come to a conclusion about fining X
More: The Verge, Ars Technica, Mashable, The Daily Upside, Financial Times, Reclaim The Net, ZeroHedge News, CoinGape, HotAir, The Gateway Pundit, Gizmodo, and WinBuzzer
Forums: r/SpaceXLounge and Ars OpenForum
| Ingrid Lunden / TechCrunch: |
Enterprise data security startup Cyera buys data loss startup Trail Security for $162M in cash and stock; sources: Cyera is raising $200M+ at a ~$3B valuation — Cyera, the Israel-founded, U.S.-based cybersecurity unicorn that uses artificial intelligence to build what's known …
More: Cyera, FinSMEs, PitchBook, GovInfoSecurity.com, SiliconANGLE, Crunchbase News, and Channel Futures
LinkedIn: Claire Goodall, Matthew Smith, and Vance Denning
| Washington Post: |
Instagram rolls out new settings to fight sextortion, like hiding teens' follower lists from potential blackmailers; Meta says the crime is becoming more common — Scammers are targeting teens by getting hold of their intimate photos. — Instagram says it's rolling out a suite of new settings …
More: Meta, The Verge, NBC News, TechCrunch, Engadget, MediaPost, Android Headlines, CTV News, BBC, PhoneArena, Bloomberg, Forbes, Social Media Today, CNET, UPI, iPhone in Canada Blog, Vanguard News, Legit.ng, Washington Times, Financial Express, TheCable, WinBuzzer, 9to5Mac, The Independent, Mashable, and The Hill
Threads: @andymstone, @eshumarneedi, and @katienotopoulos
| Will Shanklin / Engadget: |
The FCC issues new rules that will require all mobile phones sold in the US to be compatible with hearing aids, “after a transition period” — With the number of Americans 65 and older expected to balloon by nearly 50 percent by 2050, the rules will ensure those with hearing loss …
More: TechCrunch, PhoneArena, Android Headlines, FCC, and The Hearing Review
| Jane Lanhee Lee / Bloomberg: |
TSMC reports Q3 revenue up 39% YoY to ~$23.6B and net income up 54.2% YoY to ~$10.1B, both above estimates, boosted by strong sales of Nvidia AI chips — - The chipmaker boosts its target for 2024 revenue growth — Net income soared 54% in better-than-expected results
More: SiliconANGLE, TSMC, The Information, Investopedia, Tim Culpan's Position, The Motley Fool, Yahoo Finance, Quartz, Channel NewsAsia, Barron's Online, Business Insider, FX Empire, Benzinga, Fast Company, Invezz, Reuters, Semafor, Investor's Business Daily, Wall Street Journal, Financial Times, The Verge, CNBC, and Nikkei Asia
X: @economyapp, @pelstrom, @marikakatanuma, @trendforce, @thetranscript_, and @divestech. LinkedIn: Peter Elstrom
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