Techmeme
November 13, 2024, 2:05 AM

Top News

Eric Beech / Reuters:
Donald Trump says Elon Musk and Vivek Ramaswamy will lead the Department of Government Efficiency, or DOGE, to provide “guidance from outside of Government”  —  U.S. President-elect Donald Trump said on Tuesday Elon Musk and former Republican presidential candidate Vivek Ramaswamy …
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 …
Tanaya Macheel / CNBC:
Dogecoin spikes ~20% after Donald Trump announced the creation of the Department of Government Efficiency or DOGE; Dogecoin is up 153% since Election Day  —  Dogecoin shot higher on Tuesday night, extending its postelection surge after President-elect Donald Trump formally announced the creation …
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
Todd Spangler / Variety:
Amazon is shutting down Freevee, its free, ad-supported streaming service launched in 2019 under the IMDb brand, and plans to move the content to Prime Video  —  Amazon is officially shutting down Freevee, its free, ad-supported video streaming service originally launched under the IMDb brand nearly five years ago.
Lim Hui Jie / CNBC:
Shares of Swiggy opened up ~8% on their trading debut after the company raised $1.34B in its IPO, which became the second largest IPO in India this year  —  Shares of Indian food delivery giant Swiggy rose nearly 8% on their trading debut Wednesday after its IPO became the country's second largest this year.
NBC News:
Air National guardsman Jack Teixeira is sentenced to 15 years for stealing classified information from the Pentagon and sharing it on Discord in 2022 and 2023  —  The former Massachusetts Air National Guard member pleaded guilty in March to leaking highly classified military documents online, including about the war in Ukraine.
Dean Takahashi / VentureBeat:
Modern Times Group agrees to acquire Tel Aviv-based mobile game maker Plarium for $620M and up to $200M more if Plarium hits financial targets over 2025 to 2028  —  Modern Times Group has agreed to buy Plarium, the maker of RPG Raid: Shadow Legends, from Aristocrat Leisure for $620 million.
Michael Nuñez / VentureBeat:
FrontierMath, a new benchmark for evaluating AI model's advanced mathematical reasoning, shows current AI systems solve less than 2% of its challenging problems  —  Artificial intelligence systems may be good at generating text, recognizing images, and even solving basic math problems …
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 …
Bloomberg:
SoftBank's telecom unit plans to build an AI supercomputer in Japan using Nvidia's DGX B200 platform, and a follow-up effort featuring the Grace Blackwell chip  —  - Japanese investor secures coveted chips ahead of next big bet  — Jensen Huang joins Masayoshi Son on stage during Nvidia event
TechCrunch:
Rivian and VW finalize a software development joint venture; VW has invested $1B of its planned up to $5.8B by 2027 in the JV designed to be a 50-50 partnership  —  Rivian and Volkswagen Group have finalized a multi-billion-dollar joint venture to develop software, paving …
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.
Charlie Sorrel / iFixit News:
Mac mini (2024) teardown: the SSD module is proprietary but replaceable, modular front ports, and the M4 Pro model has a beefier cooling rig than the M4 model  —  It shouldn't be a big story that a desktop computer has upgradeable internal storage, but with Apple's cute new 2024 Mac mini, that's exactly where we are.
Kyle Wiggers / TechCrunch:
Perplexity says it will begin experimenting with ads on its platform in the US starting this week; ads will be formatted as “sponsored follow-up questions”  —  AI-powered search engine Perplexity says it'll begin experimenting with ads on its platform starting this week.

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