Techmeme
November 6, 2024, 9:05 AM

Top News

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.
MacKenzie Sigalos / CNBC:
Republican blockchain entrepreneur Bernie Moreno defeats Senate Banking Chair Sherrod Brown in the Ohio Senate race; crypto PACs gave $40M+ to defeat Brown  —  Crypto fans are celebrating the results of the Ohio Senate race, where blockchain entrepreneur Bernie Moreno has defeated Senate …
Marc Hochstein / CoinDesk:
Donald Trump winning the US election vindicates Polymarket, Kalshi, PredictIt, and other prediction betting markets, which heavily favored Trump for months  —  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, hitting an all-time high, and other coins also jump, as Trump wins the US presidential race; 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 …
Bloomberg:
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 …
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
Bill Toulas / BleepingComputer:
Interpol says an operation across 95 countries took down 22K+ 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 …
Sean Hollister / The Verge:
PlayStation 5 Pro review: high fidelity and frame rate, and smaller, lighter, and quieter than the original PS5, but $699 is pricey and a disk drive costs extra  —  Sony's $700 PlayStation is here for people who don't want to muck around. … You don't need me to tell you the new PS5 Pro …
Wall Street Journal:
How the Salt Typhoon hackers, linked to Chinese intel, breached US telco 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
Zack Whittaker / TechCrunch:
The Mozilla Foundation lays off 30% of its employees, telling staff in an October 30 email that its advocacy and global programs divisions have been eliminated  —  The Mozilla Foundation, the nonprofit arm of the Firefox browser maker Mozilla, has laid off 30% of its employees as the organization …
Kif Leswing / CNBC:
Super Micro's stock drops 20%+ pre-market following preliminary Q1 results and Q2 guidance below est., as the company faces a potential Nasdaq delisting  —  Super Micro, the embattled server maker that's late in releasing annual financials and at risk of being delisted by the Nasdaq, reported unaudited first-quarter results on Tuesday.
Michael Acton / Financial Times:

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Earlier Picks

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Kyle Wiggers / TechCrunch: