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November 6, 2024, 6:10 AM
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MacKenzie Sigalos / CNBC:
Republican blockchain entrepreneur Bernie Moreno defeats Senate Banking Chair Sherrod Brown in the Ohio Senate race, where crypto PACs put $40M to defeat Brown  —  Crypto fans are celebrating the results of the Ohio Senate race, where blockchain entrepreneur Bernie Moreno …
Marc Hochstein / CoinDesk:
As Trump wins the US election, Polymarket, Kalshi, PredictIt, and other prediction betting markets, which heavily favored Trump for months, are vindicated  —  Tuesday night's election returns were a shocker if you only watched CNN.  But not if you'd looked at the betting all along.
The Block:
Bitcoin passes $74K to reach an all-time high, as Trump wins the US presidential race, and other coins jump; bitcoin is up nearly 70% year-to-date  —  - The largest cryptocurrency by market cap has gained nearly 70% year-to-date and reached a new all-time high today, as the market processes …
Financial Times:
Elon Musk's gamble on Donald Trump pays off, as Trump wins the race; Trump gave Musk a lengthy shout out in his victory speech, calling him “a super-genius”  —  “A star is born: Elon,” said Donald Trump in a lengthy shout out to his biggest donor while claiming victory in the US presidential race on Wednesday morning.
Bloomberg:
Trump Media & Technology Group's stock jumps 30%+ in pre-market trading, hitting a $7B+ market cap, as Trump beats Kamala Harris; TSLA rises 15%+ pre-market  —  - Shares surged in premarket trade before quickly paring  — Markets have swung in anticipation of a likely Trump win
Samuel Stolton / Bloomberg:
Sources: EU regulators are planning to fine Apple under the DMA, after it failed to let developers steer users to cheaper deals and offers outside the App Store  —  - Fine will target Apple for anticompetitive App Store practices  — EU move follows earlier €1.8 billion fine in Spotify case
Ash Parrish / The Verge:
Nintendo says its unannounced Switch successor will be able to play current Switch games and have carryover for Switch Online services and accounts  —  Nintendo hasn't announced its Switch successor yet, but we do know one thing for sure: it will be able to play current Switch games …
Bill Toulas / BleepingComputer:
Interpol says a global operation has taken down over 22,000 malicious IP addresses or servers linked to cyber threats and led to the arrest of 41 individuals  —  Interpol announced it arrested 41 individuals and taken down 1,037 servers and infrastructure running on 22,000 IP addresses facilitating cybercrime …
Zack Whittaker / TechCrunch:
The Mozilla Foundation lays off 30% of its employees and tells staff in an email that it is eliminating its advocacy and global programs divisions  —  The Mozilla Foundation, the nonprofit arm of the Firefox browser maker Mozilla, has laid off 30% of its employees as the organization says it faces a “relentless onslaught of change.”
Michael Acton / Financial Times:
Super Micro says an independent probe into concerns flagged by former auditor EY found “no evidence of fraud or misconduct” by its management or board  —  Server maker's shares fall further after release of lacklustre preliminary results  —  Super Micro Computer said on Tuesday …
Wall Street Journal:
How the Salt Typhoon hackers breached US telecommunication infrastructure to carry out targeted espionage against the US for at least eight months  —  Hackers for months scooped up call logs, unencrypted texts and some audio in breach, piercing America's communications infrastructure without detection

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This is a Techmeme archive page. It shows how the site appeared at 6:10 AM ET, November 6, 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

CNN:
Reporters from Politico, Axios, and more were denied credentials to Trump's election night event; a source says Politico's were revoked after critical coverage

Todd Spangler / Variety:
In his second term, Trump may replace top FTC and DOJ officials who have chilled dealmaking, making 2025 a breakout year for media mergers and acquisitions

Charlotte Tobitt / Press Gazette:
In a letter to a UK parliamentary committee, the FT says news organizations are forced to accept Google's AI crawlers due Googlebot's presence on most websites

More News

Earlier Picks

Annie Palmer / CNBC:
Amazon gets FAA approval to fly its newer, smaller delivery drones, including beyond pilots' line of sight, and aims to ramp up deliveries near Phoenix, Arizona
Manish Singh / TechCrunch:
India issues a notice to Wikipedia over bias concerns, questioning if it should be classified as a publisher, after judges called its open editing “dangerous”
Anton Shilov / Tom's Hardware:
SemiAnalysis: in a first, AMD overtook Intel in data center revenue in Q3 2024; AMD hit $3.55B, vs. Intel's $3.35B revenue, which is down from $6.03B in Q1 2022
Arjun Kharpal / CNBC:
Nintendo reports Q2 revenue down 17% YoY to ~$1.8B, net profit down 69% YoY to ~$182.5M, and lowers its FY 2025 Switch sales forecast from 13.5M to 12.5M units
Todd Spangler / Variety:
Amazon unveils X-Ray Recaps on Prime Video, an AI feature that generates “spoiler-free and concise summaries” of TV shows, in beta for Fire TV users in the US
Juli Clover / MacRumors:
iOS 18.2's second developer beta shows a “daily limit” for free access to “advanced” ChatGPT via Siri and an option to upgrade to ChatGPT Plus in Settings
Kyle Wiggers / TechCrunch:
Meta confirms it has made Llama models available for US national security applications, via partners like Anduril, Booz Allen, Lockheed Martin, and Palantir
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