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November 13, 2024, 4:05 PM
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| Ramish Zafar / Wccftech: |
AMD says it will lay off ~4% of its global staff to align “resources with our largest growth opportunities”; SEC filing: AMD had 26,000 employees at 2023's end — According to a spokesperson, chip designer Advanced Micro Devices, Inc., is laying off a portion of its global workforce.
More: CNBC, CRN, VentureBeat, Wall Street Journal, The Verge, Engadget, The Register, Reuters, Bloomberg, Reuters, TechCrunch, UPI, Barron's Online, Proactive, Forbes, PC Gamer, and Invezz
| Jody Godoy / Reuters: |
A US judge rules that Meta must face trial in a US FTC lawsuit seeking its breakup over claims that it acquired Instagram and WhatsApp to crush its competitors — Facebook owner Meta Platforms (META.O) must face trial in a U.S. Federal Trade Commission lawsuit seeking its break up over claims … | Taylor Herzlich / New York Post: |
Source: the FBI seized Polymarket CEO Shayne Coplan's phone and electronics early Wednesday morning — The FBI seized Polymarket CEO Shayne Coplan's phone and electronics early Wednesday morning — just a week after the election-betting platform successfully predicted President-elect Donald Trump's win, The Post has learned.
More: The Block. X: @zck, @joshuaogundu, @ericbalchunas, @news_of_alpha, @dogetoshi, @functi0nzer0, and @mhonkasalo
| Bloomberg: |
Sources: OpenAI, Google, and Anthropic are seeing diminishing returns from costly efforts to build new AI models; a new Gemini model is missing internal targets — Three of the leading artificial intelligence companies are seeing diminishing returns from their costly efforts to develop newer models.
More: MacRumors, The Information, BGR, Proactive, TechCrunch, WinBuzzer, and PetaPixel
Mastodon: @carnage4life@mas.to. X: @emostaque, @emostaque, @psychosort, @jzl86, @kimmonismus, @swyx, @stevenheidel, @mobileraj, @chehendriksen, @rachelmetz, @joshm, @paulroetzer, @modestproposal1, @binarybits, @basedjensen, @btibor91, @morqon, and @chetanp
Forums: r/OpenAI and MacRumors Forums
| Theodore Schleifer / New York Times: |
Sources detail Elon Musk's role in Trump's transition: Mar-a-Lago meetings, calls with world leaders, voicing support for Brendan Carr at the FCC, and more — He's on the patio. He's on the golf course. Everywhere Donald Trump looks, there is the world's richest man.
More: Gizmodo, NBC News, The Wrap, New Yorker, Business Insider, New Jersey Online, and Washingtonian
Threads: @pkafka. Mastodon: @dangillmor@mastodon.social. X: @meridithmcgraw, @dashaburns, @lawindsor, @teddyschleifer, @silvermanjacob, @silvermanjacob, and @mattinthemittel
Forums: r/politics and r/politics
| Eric Beech / Reuters: |
More: Donald J. Trump on Truth Social, Wired, Gizmodo, New York Post, Fortune, The Hill, Barron's Online, The Block, Megyn Kelly, Observer, Inside Bitcoins, NewsNation, Futurism, Redmond Pie, The Guardian, CBS News, Mashable, CNBC, Washington Post, Business Insider, Forbes, Le Monde, Cybernews.com, The Indian Express, Quartz, The Independent, Cointelegraph, Blockchain News …, The Floridian, Alternet.org, Sandra Rose, Blockhead, Cryptopolitan, CryptoSlate, Axios, Know Your Meme, Nairametrics, Coinspeaker, Silicon Republic, crypto.news, Washington Post, Variety, The Verge, Deadline, Mediaite, Fox News, Axios, Financial Times, and Associated Press
Threads: @ronaldfilipkowski, @karaswisher, @mac_ryan_, @davmicrot, @ronaldfilipkowski, @renee.diresta, @mac_ryan_, and @mac_ryan_
Bluesky: @mmasnick.bsky.social, @nytceciliakang.bsky.social, @donmoyn.bsky.social, @brianfung.me, and @parismarx.bsky.social
X: @elonmusk, @realdonaldtrump, @elonmusk, @levie, @vivekgramaswamy, @lizchar, @omarsalolama, @trillburne, @dogetoshi, @adamscochran, @pitdesi, @aleresnik, @shaunmmaguire, @josephpolitano, @josephpolitano, @samadlerbell, @chrislhayes, @luke_metro, @nikitabier, @peterhamby, @tszzl, @sriramk, @scottnover, @samstein, @vijayvinyl, @jstein_wapo, @jason, @sonalibasak, @donie, @panasonicdx4500, @lib_crusher, @im_sorry_wtf, @maxtmcc, @jakesherman, @who_shot_jgr, @burgessev, @themaxburns, @teddyschleifer, @benjysarlin, @vivekgramaswamy, @arthurdelaneyhp, @zebulgar, @teddyschleifer, and @jakesherman
Forums: r/law, r/elonmusk, and r/politics
| Krystal Hu / Reuters: |
CoreWeave closed a $650M secondary share sale led by Jane Street, Magnetar, Fidelity Management, and Macquarie Capital, a source says at a $23B valuation — AI cloud startup CoreWeave said on Wednesday it has closed a $650 million minority investment led by Jane Street, Magnetar … | The Information: |
Sources: Instagram's ad unit plans to launch ads on Threads in early 2025; Meta's public statements imply any ad rollout for Threads next year will be slow — Meta Platforms plans to introduce advertisements to its text app, Threads, early next year, hoping to cash in on the app's rapid growth … | Charles Daly / Bloomberg: |
Klarna files for a US IPO; analysts put Klarna's implied valuation at ~$14.6B in October 2024 after shareholder Chrysalis upped the value of its stake to ~$154M — Swedish payments firm Klarna Group Plc has filed for an initial public offering in the US, ending months of speculation …
More: Klarna US, Payments Dive, Reuters, Financial Times, The Information, Cautious Optimism, CNBC, Business Insider, Sifted, TechCrunch, Crowdfund Insider, Tech Funding News, Tech Startups, The Paypers, The Guardian, BusinessLIVE, PYMNTS.com, Silicon Canals, City A.M., and Finextra
X: @jordanhmckee, @alys_key, and @maxkarpis
| Annie Palmer / CNBC: |
Amazon debuts Amazon Haul, a storefront in its app offering “crazy low prices” on a range of items, with free shipping on $25+ orders, to take on Temu and Shein — Amazon has rolled out a new storefront featuring apparel, home goods, electronics and other items priced below $20 …
More: About Amazon, PYMNTS.com, How-To Geek, Investor's Business Daily, Forbes, CNET, ZDNET, The Verge, The Information, TechRadar, GeekWire, UPI, PCMag, Android Authority, Proactive, Motley Fool, Associated Press, Axios, Cybernews.com, Engadget, Chain Store Age, TechCrunch, SupplyChainBrain, Benzinga, Semafor, CBS News, Fortune, CNN, Retail Dive, Quartz, Reuters, Pocket-lint, Bloomberg, BGR, and Tech Startups
LinkedIn: Margaux Logan and Dharmesh Mehta
| Callie Holtermann / New York Times: |
Bluesky says it gained 1M+ users in the week since the US election, mostly in the US, the UK, and Canada, and crossed 15M users; Bluesky had 6M users in August — With one million new accounts added since the U.S. elections, Bluesky has solidified itself as an option for people looking to change their social media service.
More: The Verge, TechCrunch, Spyglass, Inc, PCMag, Associated Press, RedState, Garbage Day, Thurrott, PCWorld, ZDNET, HotAir, iPhone in Canada Blog, The Week, and The Guardian
Bluesky: @mikeisaac.bsky.social, @jaz.bsky.social, @emilyliu.me, @mmasnick.bsky.social, @bsky.app, @sarahjeong.bsky.social, and @nihilscio.bsky.social
X: @emollick, @arictoler, @mikeisaac, @mikeisaac, @bluesky, @mikeisaac, and @semaforben
Forums: r/JoeRogan, r/AnythingGoesNews, r/AnythingGoesNews, r/EnoughMuskSpam, r/AnythingGoesNews, and Beehaw
| Dina Bass / Bloomberg: |
An interview with Microsoft Gaming CEO Phil Spencer, who won't rule out more Xbox games on other consoles, says an Xbox handheld is “a few years out”, and more — Phil Spencer is planning how to enter and partner in the handheld device and mobile-store markets
More: Game File, Video Games Chronicle, How-To Geek, Game Developer, Windows Central, IGN, MobileSyrup, Tom's Hardware, Kotaku, PCWorld, ExtremeTech, Engadget, Cryptopolitan, Android Authority, PC Gamer, PocketGamer.biz, KitGuru, Neowin, Metro.co.uk, TechRaptor, Pure Xbox, Wccftech, Gameranx, TheGamer, TechPowerUp, XboxEra, Game Rant, Push Square, Dexerto, iPhone in Canada Blog, TweakTown, Forbes, VideoGamer, TrueAchievements, My Nintendo News, The Sun, The Shortcut, PlayStation LifeStyle, Mobilegamer.biz, Screen Rant, and GamesIndustry.biz
X: @jasonschreier, @dinabass, and @tomwarren
Forums: r/xbox, r/socialism, r/PS5, r/NintendoSwitch, and r/Games
| Emma Roth / The Verge: |
Google says it will test removing news articles from EU-based publishers from Search for 1% of users in France, Poland, Italy, Spain, and other EU countries — As Google continues to navigate its relationship with publishers, regulators, and news readers, the company is starting a pretty drastic test …
More: The Keyword, Engadget, Android Central, Android Headlines, and 9to5Google. Bluesky: @martinsfp.bsky.social
| Michael Nuñez / VentureBeat: |
Google DeepMind releases AlphaFold 3's source code and model weights for academic use, which could accelerate scientific discovery and drug development — Google DeepMind has unexpectedly released the source code and model weights of AlphaFold 3 for academic use, marking a significant advance …
More: Google DeepMind on GitHub, Nature, CCN.com, WinBuzzer, Science, The Decoder, The Rundown AI, Wall Street Pit, ExtremeTech, MarkTechPost, Maginative, Analytics India Magazine, and The Researcher Daily
X: @pushmeet, @maxjaderberg, @paulynamagana, @ddelalamo, and @officiallogank. LinkedIn: Juan Castillo
| Zheping Huang / Bloomberg: |
Tencent reports Q3 revenue up 8% YoY to ~$23.9B and net income up 20% YoY to ~$7.4B, vs. ~$6.2B est., buoyed by Dungeon & Fighter Mobile and Black Myth: Wukong — - Net income for the September quarter beat analyst estimates — Tencent kicks off a busy earnings season for China tech
More: Reuters, Game World Observer, Wall Street Journal, Nikkei Asia, and CNBC
| Bloomberg: |
How gambling apps are indebting Brazilians, after legalization; Nubank reassured investors in September 2024 that it had limited exposure to troubled bettors — The boom shocked policy makers who are now scrambling to control it — At the headquarters of the United Nations …
X: @jdorosario, @_night_brain__, @ezraklein, @lpolgreen, @lucas_shaw, @otis_reid, @thestalwart, and @pkafka. Forums: r/neoliberal
| Jackie Davalos / Bloomberg: |
In a policy blueprint, OpenAI says the US and its neighbors should form a “North American Compact for AI” to compete with China in talent, financing, and more — - The startup called for a ‘North American Compact on AI’ — OpenAI said US must backstop, streamline AI infrastructure| Bloomberg: |
Sources: OpenAI plans to launch a new AI agent codenamed Operator, which can use a computer to take actions on a person's behalf, in January — The new software, codenamed “Operator,” is set to be released in January. — OpenAI is preparing to launch a new artificial intelligence agent codenamed … | Emma Roth / The Verge: |
YouTube is testing a feature that will let a small group of creators use AI to “restyle” licensed songs for their Shorts using text prompts to change elements — YouTube is testing a new feature that will let creators use AI to “restyle” licensed songs for their shorts.| Jamie Crawley / CoinDesk: |
Toronto-based Zero Gravity Labs, which is building a decentralized AI operating system, raised a $40M seed and secured a $250M “token purchase commitment” — The seed round included contributions from Hack VC, Delphi Digital, OKX Ventures, Polygon and Animoca Brands
More: The Block, Decrypt, and Cointelegraph
| Anissa Gardizy / The Information: |
Sources: execs at xAI's rivals were alarmed by how fast the startup set up the 100K GPU cluster Colossus; a source says Sam Altman argued with Microsoft over it — On a sunny day last month, a propeller plane made multiple passes in the air over a large industrial building surrounded … | Simon Willison / Simon Willison's Weblog: |
A look at Qwen2.5-Coder-32B-Instruct, which Alibaba claims matches GPT-4o's coding capabilities and is small enough to run on a MacBook Pro M2 with 64GB of RAM — There's a whole lot of buzz around the new Qwen2.5-Coder Series of open source (Apache 2.0 licensed) LLM releases from Alibaba's Qwen research team.
More: Qwen, MarkTechPost, Analytics India Magazine, The Decoder, and VentureBeat
X: @paulgauthier, @simonw, @simonw, and @simonw
Forums: Hacker News, r/LocalLLaMA, and lobste.rs
| Sarah Emerson / Forbes: |
A group of 13 former TSMC staff sue the company in California over an alleged “discriminatory scheme” that favors Taiwanese foreign workers at its US plants — Taiwan Semiconductor Manufacturing Company has been accused by a group of its U.S. employees of concocting a … | Annie Palmer / CNBC: |
Docs and sources: Amazon has discontinued a secretive effort to develop an at-home fertility tracker, which was part of its moonshot incubator Grand Challenge — Amazon has discontinued a secretive effort to develop an at-home fertility tracker, according to internal documents and people familiar with the matter.| Charlie Sorrel / iFixit News: |
Mac mini (2024) teardown: the SSD is proprietary but replaceable, the front ports are modular, 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.
More: iFixit on YouTube, iPhone in Canada Blog, TechRadar, O'Grady's PowerPage, ExtremeTech, 9to5Mac, Cult of Mac, AppleInsider, GSMArena.com, iClarified, ZDNET, Notebookcheck, BGR, MobileSyrup, iClarified, Neowin, MacRumors, TechEBlog, O'Grady's PowerPage, Macworld, Wccftech, Notebookcheck, Notebookcheck, and TechRadar
| Ivan Mehta / TechCrunch: |
Just Eat Takeaway says it is selling Grubhub to Wonder in a $650M deal expected to close in Q1 2025; Just Eat bought Grubhub for $7.3B in 2020 — Netherlands-based food delivery company Just Eat Takeaway.com said on Wednesday that it is selling its U.S. business Grubhub to New York-based Wonder Group …
More: Grubhub, Engadget, Just Eat Takeaway.com newsroom, Chicago Business Journal, The Verge, BusinessLIVE, The Information, Chicago Sun Times, UPI, The Guardian, RTÉ, PYMNTS.com, Chain Store Age, Silicon Republic, WHEC.com, The Times, Axios, The Mirror, London Evening Standard, The Independent, Financial Times, and City A.M.
| Spencer Soper / Bloomberg: |
Amazon recently told staff with disabilities that it's adding a more rigorous vetting process for working from home, as it moves to in-office five days per week — New ‘multilevel leader review’ can take weeks and has prompted concerns that affected corporate workers will give up and quit.
LinkedIn: Kristen Parisi
Sponsor Posts
Meta:
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