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November 6, 2024, 11:30 PM
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| 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 …
More: The Verge, Business Today, Moneycontrol, Information Age, GeekWire, SFGATE, Axios, Financial Times, Silicon Valley Business …, Philip Elmer‑DeWitt, 9to5Mac, CNBC, The Guardian, Wall Street Journal, Daily Mail, New York Times, Honolulu Star-Advertiser, iPhone in Canada Blog, Above Avalon, Bloomberg, Daily Mail, AppleInsider, HELLO!, TMZ.com, Mediaite, Business Insider, CNN, Variety, Deadline, Quartz, Gulf Business, Daily Mail, and Business Today
Threads: @zuck, @documentingmeta, @mattnavarra, @reidhoffman, @anildash, @mac_ryan_, @bostonjoan, @theromit, @quillmatiq, @kylie.robison, and @taylorlorenz
Bluesky: @shultzman.com, @o.simardcasanova.net, and @davidrvetter.bsky.social
X: @tim_cook, @jeffbezos, @sama, @sundarpichai, @ajassy, @gdb, @satyanadella, @reidhoffman, @mikeisaac, @mattdpearce, @jbendery, @mikeisaac, @theviewfromll2, @drericding, @jstein_wapo, @michaeldell, @aaronp613, @teddyschleifer, @markmobility, @davill, @bgrueskin, @seangarrette, @elonmusk, @canteverdie, and @dougleone. Forums: r/BlueOrigin
| 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.
More: Wired, Politico, New York Times, Washington Post, Fortune, CBS News, Newsweek, Hollywood Life, Australian Financial Review, TechCrunch, Breitbart, Business Insider, New York Times, The Verge, and Gizmodo
Threads: @karaswisher and @moskov
X: @basedbeffjezos, @mcuban, @elonmusk, @elonmusk, @levie, @nic__carter, @melissatweets, @sayssimonson, @davidsacks, @elonmusk, @naval, @america, @america, @naval, @billym2k, @vivekgramaswamy, @davidsacks, @donaldjtrumpjr, @billackman, @balajis, @danprimack, @elonmusk, @eric_seufert, @galois_capital, @leahfeiger, @elonmusk, @isaiah_p_taylor, @jamesrbuk, @levie, @wholemarsblog, @chafkin, @pmarca, @america, @davidsacks, @elonmusk, @andrewyang, @nikitabier, @cristianoamon, @newyorker, @cremieuxrecueil, @elonmusk, @conorsen, @catehall, @iamdcinvestor, @max_fisher, @taylorlorenz, @alifarhat79, @0xfoobar, @chrismanfrank, @ehjovan, @allstooweli, @nxthompson, @elonmusk, @shaunmmaguire, and @elonmusk. Forums: r/singularity
| 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.
More: Ars Technica, TechCrunch, Newcomer, Pivot to AI, South China Morning Post, Fortune, Los Angeles Times, New York Post, Blood in the Machine, RedState, Business Insider, Tech Xplore, Breitbart, Foreign Policy, and Business Insider
Threads: @taylorlorenz, @daveleebbg, @nxthompson, @karaswisher, @bobbyallyn, and @benedictevans
| Ismail Shakil / Reuters: |
Canada orders TikTok's business in the country to be dissolved, citing national security risks, and says it's not blocking Canadians' access to the app — Canada on Wednesday ordered Chinese-owned TikTok's business in the country to be dissolved, citing national-security risks …
More: CBC News, Government of Canada, Engadget, SiliconANGLE, Associated Press, vancouversun, Michael Geist, TikTok, Reuters, Digital Music News, Türkiye Today, BSS, Globe and Mail, Billboard, Social Media Today, Ottawa Citizen, Global News, BNN Bloomberg, iPhone in Canada Blog, CP24, Yen.com.gh, and CP24
X: @mgeist, @dmacpher, @privacylawyer, @dmacpher, @scott_dlb, @geoffreygertz, @swbenzie, and @prairiecentrist. LinkedIn: Sarah Thompson
Forums: Hacker News, r/technology, and r/China
| 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 …
More: GamesIndustry.biz, Bloomberg, Take-Two Interactive, Variety, The Verge, Neowin, Yahoo Finance, GamesRadar, GamesRadar, PC Gamer, Neowin, Video Games Chronicle, VentureBeat, Wccftech, Eurogamer.net, Push Square, GameSpot, GamesIndustry.biz, and VentureBeat
X: @wario64, @jasonschreier, @deantak, @jasonschreier, @gtanet, and @videotechuk_. LinkedIn: Rafael Brown
| 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.
More: Domain Name Wire, Analytics India Magazine, and The Verge
X: @sama, @0xgaut, @nearcyan, @rowancheung, @netcapgirl, @yacinemtb, @kyliebytes, and @avischiffmann
Forums: r/technology and Slashdot
| Krisztian Sandor / CoinDesk: |
JPMorgan rebrands its Onyx blockchain unit as Kinexys and plans to add on-chain foreign exchange capabilities as early as Q1 2025, starting with USD and EUR — The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities …
More: J.P. Morgan, Bloomberg, The Information, Decrypt, CoinGape, and CryptoSlate
| 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.| Rebecca Bellan / TechCrunch: |
Lyft partners with autonomous vehicle startup May Mobility to launch cars in Atlanta in 2025, and self-driving car company Mobileye and smart dashcam firm Nexar — It seems Lyft is hoping to catch up to Uber's string of autonomous vehicle partnerships. — Lyft announced Wednesday three …
More: Lyft, Electrek, Fleet News Daily, Robotics & Automation News, Tech Brew, Bloomberg, and The Verge
| Samuel Stolton / Bloomberg: |
The European Commission opens an antitrust investigation into smartphone glass maker Corning for allegedly abusing its market dominance to squeeze out rivals — - EU fears deals with smartphone firms are anti-competitive — Corning pressed to remedy EU concerns with concessions| David Yaffe-Bellany / New York Times: |
Stand With Crypto: US voters elected 253 pro-crypto candidates to the House, compared to 115 anti-crypto candidates, and 16 pro-crypto Senate candidates — The spending spree fueled a string of victories on Tuesday for congressional candidates who had expressed support for cryptocurrencies.
More: Bloomberg, CoinDesk, Decrypt, Wired, Washington Post, The Japan News, The Daily Upside, Bloomberg, CNBC, Gizmodo, Cryptopolitan, Blockworks, CoinDesk, CoinDesk, The Daily Hodl, Fox Business, Blockworks, and The Block
X: @brian_armstrong, @senlummis, @peterlbrandt, @arrington, @cameron, @iamdcinvestor, @nic__carter, @ryansadams, @nic__carter, @tyler, @nic__carter, @ledger, @bitstein, @prestonjbyrne, @erikvoorhees, @prestonjbyrne, @edkrassen, @cburniske, @pacificdiplomat, @coinbase, @jessewldn, @ryanwatkins_, @cburniske, @twobitidiot, @danheld, @erictrump, @pumpdotfun, @emiliemc, @twobitidiot, @excellion, @milesjennings, @adamscochran, @dogetoshi, @adamscochran, @iamdcinvestor, @eleanorterrett, @iampaulgrewal, @rachaelrad, @pythianism, @katiebiber, @katiebiber, @yugacohler, @antoniogm, @samlyman33, @pt, @laurashin, @cz_binance, @evan_ss6, @ryansadams, @aridavidpaul, @paulg, @ntmoney, @jbsdc, @nataliepropy, @logandobson, @travisbloom, @brian_armstrong, @standwithcrypto, @cz_binance, @zguz, and @saylor. Forums: r/CryptoCurrency
| Kif Leswing / CNBC: |
Qualcomm reports Q4 revenue up 19% YoY to $10.24B, vs. $9.9B est., guides to a strong Q1, and approves $15B in additional buybacks; QCOM jumps 7%+ after hours — Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and the company guided to a strong December quarter.
More: Reuters, SiliconANGLE, Bloomberg, Qualcomm, Bloomberg, and Constellation Research. X: @anshelsag
| Priyanka.G / Reuters: |
Bumble reports Q3 revenue down 0.7% YoY to $273.6M, vs. $271.9M est., its first quarterly sales drop since going public in 2021, and 4.3M total paying users — Bumble (BMBL.O) posted on Wednesday its first decline in quarterly sales since going public in 2021 and said that it would take longer …
More: Bumble Inc.
| Ian King / Bloomberg: |
Arm reports Q2 revenue up 5% YoY to $844M, vs. $810.9M est., royalty revenue up 23% to $514M, and forecasts Q3 revenue below estimates — - Midpoint of revenue range would fall short of estimates — Shares slip in late trading following the release of earnings
More: Arm Newsroom, Arm, The Times, CNBC, Investor's Business Daily, Channel NewsAsia, Benzinga, The Information, and Yahoo Finance
X: @handleym99, @anshelsag, @benbajarin, @anshelsag, and @thetranscript_
| Michelle Conlin / Reuters: |
Polymarket and Kalshi expect to pay out ~$450M total to US election bettors; Kalshi says 28K bet on Harris, 40K on Trump; one Polymarket user bet $40M on Trump — Thousands who gambled on the U.S. election are looking forward to a potential payout of about $450 million from online gambling sites …
More: TechCrunch, CoinGape, ZeroHedge News, Semafor, Wall Street Journal, and Wired
| Marc Hochstein / CoinDesk: |
More: Benzinga, Decrypt, DL News, Fortune, New York Times, Axios, DL News, and Decrypt
X: @shayne_coplan, @polymarket, @polymarket, @0xlstern, @tier10k, @0xmikado, @tenreirodaniel, @lessin, @thestalwart, @mansourtarek_, @ecommerceshares, @tyler, @lopp, @chainlinkgod, @kalshi, @mansourtarek_, @rleshner, @gregusjakub, @autismcapital, @theninaparker, @mattyglesias, @0xmert_, @nic__carter, @0xgaut, @d_gilz, @shayne_coplan, @nicolebehnam, @ntmoney, @dystopiabreaker, @0xcygaar, @typesfast, @thestalwart, @jillrgunter, @polymarket, and @thestalwart
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