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November 8, 2024, 1:30 AM
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| MacKenzie Sigalos / CNBC: |
Block reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% to $2.25B, Cash App gross profit up 21% to $1.31B; SQ drops 6%+ after hours — WATCH NOW — Block reported third-quarter revenue on Thursday that trailed Wall Street expectations.
More: Block, The Crypto Times, Investor's Business Daily, SiliconANGLE, Bloomberg, Benzinga, and Cointelegraph. Threads: @kalihays1
| Aoyon Ashraf / CoinDesk: |
Block says it is investing less in music streaming app Tidal and winding down decentralized “Web5” venture TBD to focus on bitcoin mining and its crypto wallet — The firm is redoubling efforts to supply miners as that industry struggles with profits — and Donald Trump promises help.| Devindra Hardawar / Engadget: |
Mac mini (2024) review: incredibly fast with the M4 Pro, well-equipped for creative work, and smaller design takes less space, but spec upgrades are overpriced — It's a tiny mighty Mac. — “That's a computer?!” My daughter just couldn't believe her eyes when I pulled the new Mac mini out of its box.
More: Ars Technica, Marques Brownlee on YouTube, The Verge, 9to5Mac, ZDNET, Dave2D on YouTube, MakerWorld, Fast Company, Wired, CNN, TechCrunch, Appleosophy, PCMag, Press Start, iPhone in Canada Blog, Tom's Hardware, MacRumors, Andru Edwards on YouTube, Telegraph, MobileSyrup, AppleInsider, MacRumors, Pocket-lint, PetaPixel, Brian Tong on YouTube, Macworld, Cult of Mac, Inc, Wccftech, iClarified, Six Colors, TechRadar, Digital Trends, Tom's Hardware, Gizmodo, CNET, and MacDailyNews
X: @basicappleguy, @tomwarren, @maxwinebach, @mkbhd, and @tomwarren
Forums: r/apple, r/mkbhd, and MacRumors Forums
| Devindra Hardawar / Engadget: |
MacBook Pro (16", 2024) review: best MacBook Pro yet with a bright display, sharp 12MP Center Stage webcam, and long battery life, but not a big leap from M3 — The M4 Pro, in particular, is astonishingly fast. — Apple's excellent MacBook Pros are faster than ever with its new M4 chips.
More: PetaPixel, TechCrunch, Tom's Guide, T3, TechRadar, PCMag, Matthew Moniz on YouTube, MacRumors, The Tech Chap on YouTube, Mashable, Cult of Mac, Tom's Hardware, Wccftech, AppleInsider, Stuff, Laptop Mag, and Wired
X: @benbajarin, @mattmoniz, and @caro_milanesi
| Antonio G. Di Benedetto / The Verge: |
More: MacRumors, Six Colors, CNN, Gizmodo, iJustine on YouTube, The Independent, Fstoppers, PCMag, ZDNET, National Post, AppleInsider, 9to5Mac, ZDNET, iPhone in Canada Blog, Tom's Hardware, CNET, iClarified, Tom's Guide, MobileSyrup, Pixel Envy, Pocket-lint, 9News, Gizmodo, GB News, Laptop Mag, MacDailyNews, and Macworld
Mastodon: @stroughtonsmith … and @jsnell@zeppelin.flights
X: @benbajarin and @stalman
| Alex Wawro / Tom's Guide: |
More: Six Colors, Forbes, CNET, Ars Technica, Macworld, TechCrunch, Wired, iJustine on YouTube, PCMag, MobileSyrup, Cult of Mac, Gizmodo, Wccftech, Fast Company, XDA Developers, AppleInsider, BGR, MacRumors, and MacDailyNews
Mastodon: @jsnell@zeppelin.flights, @dmoren@zeppelin.flights, and @jsnell@zeppelin.flights
X: @stevesi, @techcrunch, and @ijustine
| 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 — TikTok on Thursday debuted a new feature that will more closely connect its app, which already influences which songs top the charts …
More: TikTok, Spotify, Social Media Today, Digital Music News, Billboard, Pocket-lint, Engadget, Android Headlines, How-To Geek, The Verge, Music Business Worldwide, and Music Week. Threads: @chris
| Ashley Capoot / CNBC: |
Airbnb reports Q3 revenue up 10% YoY to $3.73B, vs. $3.72B est., and Nights and Experiences Booked up 8% to 122.8M, vs. 121.4M est.; ABNB jumps 5%+ after hours — Airbnb reported third-quarter earnings on Thursday that were shy of analyst estimates, though it squeaked in a small revenue beat.
More: Business Insider, Airbnb, Investor's Business Daily, and Skift
| Anissa Gardizy / The Information: |
Source: Amazon is discussing a second multibillion-dollar investment in Anthropic, but wants Anthropic to use a large number of servers powered by Amazon chips — Amazon is discussing making a second multibillion-dollar investment in OpenAI rival Anthropic, according to a person involved in the discussions.| Sebastian Sinclair / Decrypt: |
Detroit plans to accept crypto, including BTC and ETH, for tax and fee payments starting mid-2025 via a PayPal-managed platform, 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.| Ari Levy / CNBC: |
AppLovin shares close up 46% after the company reported Q3 revenue up 39% YoY to $1.2B, vs. $1.13B est., and issued guidance well above est.; APP is up 519% YTD — AppLovin shares soared 46% on Thursday after the online gaming and advertising company issued guidance that was well above estimates …
More: Benzinga, AppLovin, Proactive, Motley Fool, Forbes, Investor's Business Daily, and Barron's Online. X: @anshublog
| Thomas Brewster / Forbes: |
iVerify founder says the FBI is investigating whether China used its access to Verizon networks to infect the iPhones of staff of a US presidential campaign — The FBI has been notified of evidence of hacking on the iPhones of two senior officials at one of the presidential campaigns.| Jonathan Vanian / CNBC: |
Pinterest reports Q3 revenue up 18% YoY to $898M, vs. $896M est., MAUs up 11% to a record 537M, but forecasts Q4 revenue below est.; PINS drops 13%+ after hours — Pinterest shares plunged 15% Thursday after the social media company provided soft guidance for its fourth-quarter revenue despite … | Blake Brittain / Reuters: |
A US judge dismisses a copyright lawsuit by Raw Story and AlterNet against OpenAI over AI training, for now, saying the outlets couldn't show enough harm — A New York federal judge on Thursday dismissed a lawsuit against artificial intelligence giant OpenAI that claimed it misused articles … | Bloomberg: |
An interview with Changpeng Zhao about his four months of incarceration, investing in X, forced separation from Binance, plans for the future, and more — - Changpeng Zhao speaks in first post-prison press interview — Exchange founder's fortune jumps $12 billion after US election| Kyle Wiggers / TechCrunch: |
Yelp agrees to buy RepairPal, a site for car repair estimates, for $80M in cash, with the deal expected to close by the end of 2024; RepairPal had raised $21.3M — Yelp, which made a name for itself giving restaurant recs, just bought an auto services website.| Reuters: |
Sources: Trump's transition team is considering Dan Gallagher, an ex-SEC commissioner and Robinhood's current legal chief, as SEC chair replacing Gary Gensler — Trump transition team officials are considering retail brokerage Robinhood's top lawyer, as well as bank regulators and corporate attorneys … | New York Times: |
Mark Zuckerberg, Tim Cook, Sundar Pichai, and more quietly courted Trump before the election, laying the groundwork for improved Silicon Valley and DC relations — The executives of tech's biggest companies largely ignored Donald Trump before the 2016 election. This time around, they're far more friendly.
More: Daring Fireball, Financial Times, Platformer, Business Insider, Politico, Wired, The Wrap, Yahoo Finance, Bloomberg, Tech.co, BIG by Matt Stoller, Futurism, The Independent, The Economic Times, Patently Apple, DNyuz, Tech in Asia, CCN.com, New York Times, The Indian Express, iPhone in Canada Blog, 9to5Mac, and CNBC
| 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.
More: NPR, The Information, Fortune, The Hill, Forbes, CBT News, Yahoo Finance, Reuters, and New York Times
X: @ericnewcomer, @cwellmon, @tszzl, @teddyschleifer, and @shanegoldmacher
Forums: r/EnoughMuskSpam, r/politics, and r/MarchAgainstNazis
| Kurt Wagner / Bloomberg: |
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