Techmeme
October 28, 2024, 8:50 AM

Top News

Mark Gurman / Bloomberg:
A look at the M4 Macs coming this week; sources say Apple's home smart display will have an iMac G4-like base and a square screen about the size of two iPhones  —  Also: fresh details on the company's upcoming smart home device.  —  Apple kicks off a Mac overhaul this week that centers on new M4 chips.
Claire Jiao / Bloomberg:
Indonesia bans iPhone 16 series sales, saying that Apple has not fulfilled its 40% local content requirements and invested ~$95M, below its ~$108M commitment  —  - Indonesia says Apple hasn't fulfilled investment pledges  — Rivals Samsung, Xiaomi have set up local factories to comply
Bloomberg:
Trade data analysis: Mumbai-based Shreya Life Sciences exported 1,111 Dell PowerEdge XE9680 servers with AI chips, worth $300M+, to Russia from April to August  —  Trade-tracking data show that the Indian firm is selling top-end Dell servers optimized for artificial intelligence to Russia.
Fred Lambert / Electrek:
Elon Musk says there's a “chance” that HW3, in millions of Teslas, “does not achieve the safety level that allows for unsupervised FSD” and floats free upgrades  —  Elon Musk finally admits Tesla's HW3 might not support full self-driving and that he doesn't actually know what it will take.
Financial Times:
Naspers and Prosus CEO Fabricio Bloisi says he is overhauling corporate culture and pay structures in search of growth beyond Prosus' $115B stake in Tencent  —  Fabricio Bloisi will overhaul corporate culture and pay structures in search of growth beyond its stake in the Chinese internet giant

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Zoho:
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Christopher Yasiejko / Bloomberg Law: