Techmeme
November 9, 2024, 6:40 AM

Top News

Joseph Cox / 404 Media:
Experts say a new feature in iOS 18.1 causes iPhone to reboot after few days of inactivity, which improves security and has caused concern among law enforcement  —  Apple quietly introduced code into iOS 18.1 which reboots the device if it has not been unlocked for a period of time …
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
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.
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.
Elizabeth Dwoskin / Washington Post:
Alexandra S. Levine / Bloomberg:
Zeke Faux / Bloomberg:
The 2024 US election cycle showed how crypto has turned out to be a practically perfect special interest group for an era of unlimited corporate spending  —  The industry made a $135 million bet on the election.  It paid off spectacularly.  —  On Nov. 5, a few dozen Bitcoiners …
Hritam Mukherjee / Reuters:
Swiggy closes an oversubscribed ~$1.4B IPO, as investors bet on a quick commerce boom; analysts expect the company to make a muted stock market debut next week  —  Food and grocery delivery firm Swiggy's (SWIG.NS) $1.4 billion initial public offering was oversubscribed on Friday …
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.

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Earlier Picks

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Ming-Chi Kuo:
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