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November 1, 2024, 2:00 PM
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Top News

Chance Miller / 9to5Mac:
Popular photo editing company Pixelmator says it has signed an agreement to be acquired by Apple, pending regulatory approval  —  The Pixelmator Team announced the news in a blog post on Friday:  —  Pixelmator has signed an agreement to be acquired by Apple, subject to regulatory approval.
Apple Inc.:
Apple reports Q4 revenue up 6% YoY to $94.9B, and net income down 36% YoY to $14.74B, after paying a $10.2B charge as part of an income tax decision in the EU  —  iPhone drives record September quarter revenue Services revenue reaches new all-time high  —  Apple® today announced financial results …
CNBC:
Apple Q4 revenue: iPhone up 6% YoY to $46.22B, Mac up 2% YoY to $7.74B, iPad up 8% YoY to $6.95B, and Wearables, Home, and Accessories down 3% YoY to $9.04B
Todd Spangler / Variety:
Apple reports Q4 revenue from Services, which includes the App Store, Apple TV+, and Apple Music, up 12% YoY to $24.97B, a new quarterly record, but below est.
Mishaal Rahman / Android Authority:
Google plans to release Android 16 in Q2 2025 “to better align with the schedule of device launches”; major Android releases have been in Q3 or Q4 since 2013  —  Android 16 is launching in Q2 of 2025, which is months earlier than previously expected.  —  •  —  TL;DR
Benjamin Mayo / 9to5Mac:
Satellite services provider Globalstar says Apple took a 20% ownership stake worth ~$400M, and has committed another $1.1B to expand satellite service capacity  —  Satellite services provider GlobalStar today disclosed an expansion of its deal with Apple.  Apple will commit an additional $1.1 billion …
Reuters:
Researchers linked to China's military used Llama 2 to develop an AI model for potential military use; Meta says use of “outdated” Llama 2 would be “irrelevant”  —  Top Chinese research institutions linked to the People's Liberation Army have used Meta's publicly available Llama model …
Manish Singh / TechCrunch:
Indonesia bans Pixel smartphone sales, saying Google must comply with rules requiring 40% local content in smartphones, days after banning the iPhone 16 lineup  —  Indonesia has banned sales of Google Pixel smartphones for failing to meet domestic content requirements, days …
Bloomberg:
The capital expenditures of Amazon, Alphabet, Meta, and Microsoft are set to total over $200B in 2024, as companies accelerate spending to chase AI developments  —  - Amazon, Alphabet, Meta and Microsoft all accelerated spending  — Mixed results from the big tech won't slow 2025 investment
Callan Quinn / CoinDesk:
Crypto firm Immutable says the SEC issued it a Wells notice related to the sale of its IMX tokens in 2021, and accuses the agency of “regulation by enforcement”  —  The firm's IMX token is down over 13% at $1.16 following the announcement.  — Immutable said that it received …
Anthropic:
Anthropic says governments should urgently take action on AI policy in the next 18 months and suggests principles for AI regulation that support innovation  —  Increasingly powerful AI systems have the potential to accelerate scientific progress, unlock new medical treatments, and grow the economy.
Sarah McBride / Bloomberg:
A profile of YC Head of Public Policy Luther Lowe, who led a California pressure campaign against AI safety bill SB 1047 and aims to fight for “little tech”  —  After helping lead startups' crusade against California AI regulation, the tech policy veteran has new fights to pick.
Bloomberg:
Former Lacework CEO and former Facebook Global Head of Engineering Jay Parikh joins Microsoft's senior leadership team, reporting directly to Satya Nadella  —  - Company struggling to ramp up data centers to meet AI demand  — Jay Parikh will report directly to Microsoft CEO Nadella

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From Mediagazer

CNBC:
Sources: Greek media company Antenna Group is in early talks to acquire Time from Marc Benioff, who bought the magazine in 2018 for $180M

Georg Szalai / The Hollywood Reporter:
Troveo, which helps content owners and digital rights managers license content to AI companies but keep ownership rights, launches with $4.5M in seed funding

Jack Neff / Ad Age:
A survey of US advertisers and agencies: 49% said alternative currencies were just as effective as Nielsen and 36% said they were more effective than Nielsen

More News

Jordan Novet / CNBC:
Amazon reports Q3 AWS revenue up 19% YoY to $27.45B, vs. $27.52B est., and AWS operating income of $10.45B, vs. $9.15B est., up from $7B in Q3 2023
Krisztian Sandor / CoinDesk:
Tether reports Q3 net profit of $2.5B, driven by yields on its US Treasury and gold holdings and bringing YTD profit to $7.7B, as USDT's market cap nears $120B

Earlier Picks

Jordan Novet / CNBC:
Intel reports Q3 revenue down 6% YoY to $13.28B, vs. $13.02B est., a net loss of $16.99B, and Q4 guidance above estimates; INTC jumps 6%+ after hours
Amazon.com, Inc.:
Amazon reports Q3 revenue up 11% YoY to $158.9B, net income up 55% YoY to $15.3B, and operating income up 56% YoY to $17.4B; AMZN jumps 5%+
Hayden Field / CNBC:
During a Reddit AMA, Sam Altman says GPT-5 likely won't come this year as OpenAI faces “a lot of limitations and hard decisions” in allocating compute resources
Kyle Wiggers / TechCrunch:
Meta is working with Wonik and GelSight to develop and commercialize tactile sensors for AI, including the Allegro robotic hand and Digit 360 tactile fingertips
More: Meta and The Verge
Threads: @zuck, @jaymayo_vrtist, and @crumbler.  X: @jpineau1
LinkedIn: Mike Maroje Lambeta and Joelle Pineau
Shirin Ghaffary / Bloomberg:
OpenAI unveils ChatGPT Search to let paid users search for timely information using GPT-4o, after testing the feature in July 2024, a direct challenge to Google
More: OpenAI, The Verge, Tom's Guide, Platformer, The Independent, Wall Street Journal, Thurrott, Ars Technica, Windows Central, CNBC, PYMNTS.com, BGR, Newser, Jakarta Globe, VentureBeat, TechRadar, Inc, London Evening Standard, MEDIANAMA, Geek News Central Podcast, Axios, Gizchina.com, KnowTechie, Nairametrics, Tech Monitor, TechIssuesToday.com, Invezz, Tech Startups, Outlook Business, News18, The Economic Times, Forbes, The Rundown AI, Silicon Republic, The News International, Shelly Palmer, The Indian Express, YourStory.com, Business Standard, Türkiye Today, GreenBot, Financial Express, NewsBytes, Phandroid, NPR, Mobile World Live, Livemint, MarkTechPost, Business Today, Skift, MediaPost, Decrypt, CNET, Wall Street Pit, Pocket-lint, Mashable, Digital Trends, TechRepublic, PhoneArena, Proactive, How-To Geek, Android Central, Android Police, Benzinga, The Decoder, Yahoo Finance, Android Authority, 9to5Mac, iPhone in Canada Blog, Yen.com.gh, Neowin, Tom's Guide, TechRadar, ZDNET, Business Insider, MIT Technology Review, GeekWire, MacRumors, Forbes, iClarified, WinBuzzer, The Information, Quartz, PCMag, MIT Technology Review, Fast Company, Fast Company, New York Times, Wired, Axios, and Washington Post
Threads: @hexinab0x, @thiccreese, and @mergesort.  Mastodon: @carnage4life@mas.to
X: @sama, @sama, @emollick, @sama, @parkerortolani, @maxwinebach, @stammy, @kimmonismus, @bindureddy, @benjamindekr, @emollick, @kyliebytes, @rowancheung, @stevenheidel, @embirico, @kimmonismus, @bentossell, @openai, @treiner5, @sama, @snsf, @suhail, @kevinweil, @artemr, @artemr, @altryne, @yampeleg, @openai, and @simonw
LinkedIn: Emil Protalinski, Eric Herbel, Daniel Longoria, and Conor Dragomanovich
Forums: r/technology, r/OpenAI, r/wallstreetbets, and r/ChatGPT
See also Mediagazer
Tom Warren / The Verge:
Microsoft says Windows 10 consumers will only be able to buy one year of Extended Security Updates for $30, after the company ends support on October 14, 2025
Ryan Christoffel / 9to5Mac:
Kuo: Apple plans to use its own Wi-Fi and Bluetooth chip made using TSMC's N7 process and supporting Wi-Fi 7 in the iPhone 17, reducing its reliance on Broadcom
Emma Roth / The Verge:
Google adds Gemini to Google Maps in the US, with AI-summarized reviews and answers to descriptive questions from users, and adds 150 cities to Immersive View
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