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November 1, 2024, 10:45 AM
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Top News

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  —  Apple reported earnings after the bell.  Here are the results.
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
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linked to China's military used Llama 2 to develop an AI model for potential military use; Meta says use of “outdated” Llama 2 would be “irrelevant”  —  Top Chinese research institutions linked to the People's Liberation Army have used Meta's publicly available Llama model …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 …
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  —  The new option will let the chatbot's users search for timely information much as they would on the web.
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
Gerrit De Vynck / Washington Post:
OpenAI says ChatGPT Search draws on articles from the WSJ and others it has deals with, and will direct election-related queries to sources like AP and Reuters
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  —  Intel shares rose 7% in extended trading on Thursday after the chipmaker reported better-than-expected earnings and issued quarterly guidance that topped estimates.
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 …
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
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  —  The company also owns a significant amount of gold and the big move higher in the yellow metal boosted profits.
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.
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 …
Martyn Landi / The Independent:
UK police received 7,062 reports of online grooming over the past year; Snapchat was named in 48% of the cases where the means of communication was disclosed  —  The children's charity said more than 7,000 offences were recorded by police in the last year.  —  Your support helps us to tell the story
More: BBC.  Forums: Beehaw

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This is a Techmeme archive page. It shows how the site appeared at 10:45 AM ET, November 1, 2024.

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From Mediagazer

Dominick Mastrangelo / The Hill:
Trump sues CBS News in a Texas court, claiming CBS engaged in election interference “through malicious, deceptive” editing of its 60 Minutes Harris interview

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

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
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%+
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

Earlier Picks

Tom Warren / The Verge:
Microsoft delays rolling out its controversial Recall feature for Copilot Plus PCs to December to “refine the experience”, after pushing it from June to October
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
Andy Greenberg / Wired:
Sophos details a five-year battle with Chinese hackers exploiting its firewalls, and how its device “implants” traced the hacks to a university and a contractor
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
Andrew Webster / The Verge:
Nintendo launches Nintendo Music, an iOS and Android app that lets Switch Online subscribers stream or download gaming tunes from Nintendo titles
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