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November 12, 2024, 4:45 AM
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Top News

Ming-Chi Kuo:
Kuo: Apple plans a smart home IP camera and aims for 10M+ annual shipments, with production scheduled for 2026; 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.
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”  —  Markets expect US president-elect to take light-touch approach to regulation  —  Investors betting that Donald Trump's …
Adam James / The Block:
MicroStrategy says it bought 27,200 BTC for ~$2.03B in cash at ~$74,463 per coin from October 31 to November 10, 2024, taking its total holding to 279,420 BTC
a16z crypto:
a16z says it is “very optimistic” that the US government will “foster innovation” in crypto and there is a “pathway for constructive engagement” with regulators
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  —  Signal is making a bunch of improvements to calls so they are more competitive with Zoom and Google Meet, including the ability to share a link to a call.
Reuters:
Ilya Sutskever says “we're back in the age of wonder and discovery” as AI companies focus on pre-training, inference improvements, and finding the “next thing”  —  Artificial intelligence companies like OpenAI are seeking to overcome unexpected delays and challenges …
Jowi Morales / Tom's Hardware:
LG Display shows off a stretchable display prototype that can expand by up to 50%, more than doubling the previous record of 20% elongation  —  This stretchable display unlocks an infinite number of possibilities.  —  LG Display, one of the global leaders in display technologies …
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  —  On his drive to move from Washington state to Huntsville, Alabama, Will Freeman began noticing lots of cameras.
The Information:
Sources: more than a year before the US election, TikTok executives revamped moderation rules and trust and safety staff to make it more appealing to Trump fans  —  More than a year before Donald Trump's landslide victory in last week's presidential election, TikTok's top leaders insisted …
Emma Roth / The Verge:
iOS 18.2 public beta introduces Share Item Location, letting users share a link with the location of AirTags or Find My accessories with airlines and others  —  Apple will now let you share the location of a lost AirTag with other people.  The Find My feature, called Share Item Location …
Olga Kharif / Bloomberg:
Alameda Research co-CEO Sam Trabucco has agreed to hand over a slew of properties, including his yacht, to FTX creditors as part of a November 3 settlement deal  —  Alexa's New AI Brain Is Stuck in the Lab … Quicktake

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This is a Techmeme archive page. It shows how the site appeared at 4:45 AM ET, November 12, 2024.

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From Mediagazer

Benjamin Mullin / New York Times:
The Onion, backed by some Sandy Hook families and Everytown for Gun Safety, buys Infowars in a bankruptcy auction, and plans a January 2025 relaunch as a parody

The Hollywood Reporter:
Disney expects to spend $24B on content in 2025, up from $23.4B in 2024, due to sports programming expenses rising after NFL rate increases and NBA contracts

Robbie Whelan / Wall Street Journal:
Disney reports Q4 revenue up 6% YoY to $22.6B, TV network revenue down 6% YoY to $2.5B, and a $321M DTC streaming profit, up from a $387M loss in Q4 2023

More News

Josh Scott / BetaKit:
Canadian digital bank Neo Financial raised a CA$360M Series D from Shopify CEO Tobi Lütke, Slack co-founder Stewart Butterfield, and others
Lucia Moses / Business Insider:
The NYT says the Tech Guild is ending its strike after a weeklong stoppage; during the strike, dozens of tech workers crossed the picket line

Earlier Picks

Greg Bensinger / Reuters:
Sources: Amazon is developing smart glasses that would guide its delivery drivers to, around, and within buildings, but the tech may take years to perfect
Callan Quinn / CoinDesk:
FTX sues crypto trader “Humpy the Whale” alleging margin trading market manipulation from January 2021 to September 2022, leading to FTX and Alameda losing ~$1B
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