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November 12, 2024, 4:55 PM
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Top News

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
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
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 …
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.
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
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.
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.
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 4:55 PM ET, November 12, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

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

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

Alex Weprin / The Hollywood Reporter:
CEOs at Nexstar, Sinclair, and Tegna, plus some analysts, say they expect deregulation and consolidation in the broadcast TV industry under Trump's FCC

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:
Amazon's Annapurna Labs plans to unveil Trainium 2 AI chips in December, as part of taking on Nvidia; Anthropic, Databricks, and others are testing Trainium 2
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”
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
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