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November 12, 2024, 5:50 PM
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Top News

Mark Gurman / Bloomberg:
Sources: Apple is making a 6" wall-mounted display that can control appliances, do videoconferencing, and use AI to navigate apps, and may unveil it by March  —  - Product will spotlight the new Siri and Apple Intelligence  — Device will tap into cameras, doorbells and run Apple's apps
Wall Street Journal:
Meta plans to ask Facebook and Instagram users in Europe if they want to get “less personalized ads” and cuts subscription prices by 40%, a concession to the EU  —  Facebook and Instagram owner faces pressure in Europe to ask users before using their data to target ads or train artificial intelligence
Washington Post:
Sources: advisors to Donald Trump expect the president-elect to halt a potential US ban of TikTok, which faces a January 19 deadline to divest  —  The president-elect promised to ‘save’ the social media app, which faces a deadline early next year to find a non-China-based owner.
Ming-Chi Kuo:
Kuo: Apple schedules production of a smart home IP camera for 2026 and is aiming for 10M+ annual shipments; Goertek will be the exclusive assembly supplier  —  1. Apple is making its first foray into the smart home IP camera market, with mass production scheduled for 2026, targeting annual shipments in the tens of millions.
Alan Ohnsman / Forbes:
Waymo opens robotaxi rides to anyone in LA within an 80-square-mile area running from downtown LA to Santa Monica and says ~300K users had been on the waitlist  —  The Alphabet company said about 300,000 people in the second-largest U.S. city have been waiting to use its robotic ridehail service …
Tom Warren / The Verge:
Nvidia launches its Nvidia app for Windows, designed to overhaul and replace the GeForce Experience app, after a beta earlier in 2024  —  Nvidia is officially launching its Nvidia app on PC today, designed to overhaul and replace the GeForce Experience app.
Gian Volpicelli / Bloomberg:
The EU notifies Apple of “potentially prohibited geo-blocking practices” on the App Store and other apps, and says it must align with EU anti-geo-blocking rules  —  Alexa's New AI Brain Is Stuck in the Lab … Quicktake
Dan Merica / Associated Press:
Source: Elon Musk's America PAC spent ~$200M to help elect Trump; Musk says the PAC is gearing up for midterms as well as judicial and DA elections  —  Elon Musk's super PAC spent around $200 million to help elect Donald Trump, according to a person familiar with the group's spending …
Paresh Dave / Wired:
Rival search engines Ecosia and Qwant debut European Search Perspective, a joint venture to develop a web index for Europe to reduce reliance on Google and Bing  —  Generative AI and new rules targeting tech giants are giving Ecosia and Qwant fuel to challenge Google and Microsoft and develop a web index for Europe.
Jaspreet Singh / Reuters:
Spotify reports Q3 revenue up 19% YoY to €3.99B, vs. €4.02B est., MAUs up 11% to 640M, and forecasts Q4 profit and MAUs above est.; SPOT jumps 6%+ after hours  —  Audio-streaming giant Spotify (SPOT.N) forecast fourth-quarter profit above Wall Street estimates on Tuesday …
Bloomberg:
SoftBank reports Q2 net income of ~$7.7B and a Vision Fund gain of ~$2.42B, driven by strong Indian IPOs and valuation gains in startups like Coupang and Didi  —  - Tech investor rakes in profit on hot Indian IPO market  — Legacy-conscious founder Masayoshi Son is readying next gamble

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This is a Techmeme archive page. It shows how the site appeared at 5:50 PM ET, November 12, 2024.

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From Mediagazer

New York Times:
Court docs detail a smear campaign against actor Blake Lively via media articles and social media posts after she accused director Justin Baldoni of misconduct

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Jack Dunn / Variety:
Trump appoints Mark Burnett, the British TV executive who created and produced the reality show The Apprentice, as a special envoy to the UK

More News

Brian Steinberg / Variety:
Netflix says its ad tier has 70M users globally, up from 40M in May 2024 and 22M in January 2024, and 50%+ of sign-ups are for ad plans in supported countries

Earlier Picks

Financial Times:
A look at Annapurna Labs, a chip startup that Amazon bought in 2015 for $350M and now leads Amazon's efforts to build AI chips to reduce its reliance on Nvidia
Jay Peters / The Verge:
Signal rolls out new call features, including the ability to share a link to a call, emoji reactions, a “raise hand” button, and a dedicated calls history tab
Jason Koebler / 404 Media:
A look at DeFlock, an open-source project that has crowdsourced the locations of 5,600+ automated license plate reader cameras globally from Flock and others
Financial Times:
Bitcoin passed $89K for the first time, Tesla closed up 8.96%, Coinbase closed up 19.76%, and Robinhood closed up 7.4%, as investors pile into “Trump trades”
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