Techmeme
November 9, 2024, 7:40 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 …
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.
Devin Coldewey / TechCrunch:
ChatGPT gave ~2M responses asking users to get election news elsewhere on Nov. 5 and Nov. 6, and rejected 250K+ requests for DALL-E images of Trump and others  —  Now that the election is over, the dissection can begin.  As this is the first election in which AI chatbots played a significant part …
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.
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 …
Margaux Nijkerk / CoinDesk:
Ethereum Foundation financial report: $970.2M in treasury as of Oct. 31, down from $1.6B in March 2022; ~80% of holdings in ETH, which declined 20%+ since 2022  —  The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.
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 …

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Earlier Picks

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