Techmeme
November 7, 2024, 8:50 AM

Top News

Annie Palmer / CNBC:
Sam Altman, Jeff Bezos, Tim Cook, Michael Dell, Satya Nadella, Sundar Pichai, Mark Zuckerberg, and other tech leaders congratulate Trump on his election victory  —  Leaders of major technology companies congratulated President-elect Donald Trump and Vice President-elect JD Vance on their victory …
New York Times:
Sources: before Trump's win, Elon Musk asked him to hire SpaceX staff as top government officials, including in the DOD, a sign of the benefits Musk may reap  —  The world's richest man gave his money and time in campaigning for the president-elect and now is putting in his requests for a friendlier regulatory environment.
Kevin Roose / New York Times:
What a Trump victory means for tech: antitrust woes die down, except for Google, TikTok survives, AI progress accelerates, social media shifts right, and more  —  Another Trump presidency will be good for crypto and Elon Musk, but every big tech company may not benefit from a more hands-off approach to antitrust.
Kurt Wagner / Bloomberg:
Ismail Shakil / Reuters:
Canada orders TikTok's business in the country to be dissolved, citing national security, but says it is not blocking Canadians' access; TikTok plans to appeal  —  Canada on Wednesday ordered Chinese-owned TikTok's business in the country to be dissolved, citing national-security risks …
Emma Roth / The Verge:
Microsoft starts rolling out AI-powered text editing feature Rewrite in Notepad, and Generative Fill and Generative Erase features in Paint to Windows Insiders  —  Microsoft is adding AI-powered text editing to Notepad, the stripped-down text editor originally introduced in 1983.
Zaheer Kachwala / Reuters:
Take-Two reports Q2 net bookings up 2% YoY to $1.47B, vs. $1.43B est., net revenue up 4% to $1.35B, and sells its Private Division label to an unnamed buyer  —  Take-Two Interactive Software (TTWO.O) beat Wall Street expectations for second-quarter bookings and profit on Wednesday …
Bloomberg:
France's gambling regulator says it is “aware” of Polymarket and is “currently examining its operation and compliance”, after user Fredi9999 made a ~$48M profit  —  - Inquiry follows publicity around French trader's huge bets  — Online gambling and betting is tightly regulated in France
Bloomberg:
The US SEC's crypto enforcement is slated for a major rollback under President Trump, who in July 2024 pledged to fire Gary Gensler on the first day in office  —  - Trump has pledged to fire Gensler on the first day in office  — Next SEC chair is expected to push forward new regulations
David Yaffe-Bellany / New York Times:
Maani Truu / ABC:
Australia plans to introduce legislation that would ban children under 16 from using social media, not exempting those already with accounts or parental consent  —  In short:  —  Social media users under the age of 16 are set to be barred from using social media, under legislation expected to be introduced to parliament this month.
Ian King / Bloomberg:
Kyle Wiggers / TechCrunch:
OpenAI acquired chat.com, which now redirects to ChatGPT; HubSpot co-founder Dharmesh Shah reportedly bought the domain, registered in 1996, for $15.5M in 2023  —  OpenAI bought Chat.com, adding to its collection of high-profile domain names.  —  As of this morning, Chat.com now redirects to OpenAI's AI-powered chatbot, ChatGPT.

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