Techmeme
November 8, 2024, 3:05 PM

Top News

Forbes:
AI startup founders and VCs hope that a Trump administration will lead to lighter regulations and the return of real acquisitions, not “contorted” ones  —  Practitioners expect more acquisitions and less oversight in a Trump administration expected to repeal Biden's executive order.
Alexandra S. Levine / Bloomberg:
Some TikTok staff and users see Trump as a possible savior from the ban; others question whether Trump even cares about the app now that the campaign is over  —  Trump has signaled he's against a possible ban of the viral video-sharing app  —  Some TikTok staff and creators …
Elizabeth Dwoskin / Washington Post:
With Elon Musk's ascension in Trump's orbit, tech leaders on the right hope to steer the second Trump administration, bringing a startup ethos to the government  —  With Elon Musk's ascension in Trump-world, tech leaders on the right see an opportunity to bring a start-up ethos to the federal government.
Igor Bonifacic / Engadget:
Pocketpair says Nintendo and Pokémon Company are seeking ~$65K in damages in their lawsuit and lists the three patents the studio is accused of infringing  —  No, Nintendo probably isn't going easy on the studio.  —  Nintendo and the Pokémon Company are seeking approximately $65,700 …
Financial Times:
Sources: TSMC told Chinese customers it would no longer manufacture AI chips at advanced process nodes of 7nm or smaller as of this coming Monday  —  World's biggest contract chipmaker acts to ensure it is in line with US restrictions on Chinese access to latest processors
Ming-Chi Kuo:
Kuo: Apple plans to upgrade the high-end iPhone 18's wide-angle lens in 2026 to a variable aperture camera; Sunny Optical will be the primary shutter supplier  —  Key Growth Drivers for Sunny Optical's Apple Orders in 2025-2026:  —  1. Lens Supply Allocation to Rebound Significantly from ~5% in 2024 to 15-20% in 2025
Andrew Cunningham / Ars Technica:
Apple has added a High Power performance mode, previously reserved for its Max chips, to the M4 Pro in both the Mac mini and in the new MacBook Pro  —  First Mac mini redesign in almost 15 years highlights how good the insides are. … The Mac mini will celebrate its 20th birthday in January.
Mark Hachman / PCWorld:
Mercury Research: AMD's desktop CPU market share, in units, grew from 19.2% in Q3 2023 to 28.7% in Q3 2024 and from 19.5% to 22.3% for mobile in the same period  —  AMD's desktop CPU market share jumped nearly 10 percent in the last year, an analyst reported Thursday, on the heels …
Sebastian Sinclair / Decrypt:
Detroit plans to accept crypto for tax and fee payments from mid-2025 via a PayPal platform that will convert them to USD, becoming the largest US city to do so  —  Starting in mid-2025, Detroit residents will be able to pay with popular cryptos like Bitcoin and Ethereum through a PayPal-managed platform.
Reuters:
Sources: Trump's transition team is considering Dan Gallagher, a former SEC commissioner and Robinhood's current legal chief, to replace SEC chair Gary Gensler  —  Trump transition team officials are considering retail brokerage Robinhood's top lawyer, as well as bank regulators and corporate attorneys …
Bloomberg:
Sony reports Q2 revenue up 9% YoY to ~$19.45B, operating profit up 73% YoY to ~$2.96B vs. ~$2.18B est., and PS5 sales of 3.8M units, down from 4.9M a year ago  —  - Chinese hit ‘Wukong’ helped game sales on aging PlayStation 5  — Image sensor business was hurt by demand lull in North America
Aoyon Ashraf / CoinDesk:
Block says it is investing less in music streaming app Tidal and winding down decentralized “Web5” venture TBD to focus on its bitcoin mining rigs and wallet  —  The firm is redoubling efforts to supply miners as that industry struggles with profits — and Donald Trump promises help.
MacKenzie Sigalos / CNBC:

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More News

Blake Brittain / Reuters:
Anissa Gardizy / The Information:
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Ari Levy / CNBC:

Earlier Picks

Thomas Brewster / Forbes:
Tom Warren / The Verge:
Emma Roth / The Verge: