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November 8, 2024, 9:45 PM
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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
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
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
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
Umar Shakir / The Verge:
Google rolls out its Gemini-powered Vids app that lets users create video presentations using a prompt, with full access for Workspace users until at least 2026  —  Google is generally rolling out its Gemini AI-powered Vids app that lets you create video presentations using a prompt.
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.
Igor Bonifacic / Engadget:
Palworld developer Pocketpair says Nintendo and Pokémon Company are seeking ~$65K in damages in their lawsuit and lists three patents it's accused of infringing  —  No, Nintendo probably isn't going easy on the studio.  —  Nintendo and the Pokémon Company are seeking approximately $65,700 …
Ingrid Lunden / TechCrunch:
Sources: Upwind, which sells tools to secure cloud infrastructure, is raising a $100M Series B at a $850M-$900M valuation, after raising $50M in September 2023  —  Cybersecurity continues to command a lot of attention from enterprises looking for better protection from malicious hackers, and VCs want in on the action.
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 …

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From Mediagazer

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

More News

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
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

Earlier Picks

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
Sarah Perez / TechCrunch:
TikTok launches Share to TikTok, which lets users directly share music from Apple Music and Spotify in a post to their TikTok Feed or in DMs via TikTok Messages
Tom Warren / The Verge:
Nvidia plans to add a 100-hour monthly cap for new Performance and Ultimate GeForce Now users from January 1 to avoid raising prices “in the foreseeable future”
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