Techmeme
November 13, 2024, 9:10 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 …
More: Wired, Donald J. Trump on Truth Social, Axios, The Block, CNN, Le Monde, Wall Street Journal, Quartz, Cybernews.com, Blockchain News …, The Indian Express, Tech.co, The Guardian, CBS News, TESLARATI, The Independent, Watcher Guru, CoinJournal, Washington Post, Cointelegraph, crypto.news, Coinspeaker, Los Angeles Times, Nairametrics, Mashable, Business Today, CCN.com, Cryptopolitan, CryptoSlate, Electrek, The Economic Times, Coinpedia Fintech News, Space, Tech Policy Press, HuffPost, TechCrunch, Benzinga, Cryptonews, KTVU-TV, NPR, Crypto Briefing, The Hill, The Verge, The Information, Variety, RedState, Axios, Fox News, Deadline, Mediaite, USA Today, and New York Post
Forums: r/law, r/elonmusk, and r/politics
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 …
Dan Merica / Associated Press:
Mark Gurman / Bloomberg:
Sources: Apple is making a 6" wall-mounted display to control appliances, videoconference, and use AI to navigate apps, and may unveil it as early as March 2025  —  - Product will spotlight the new Siri and Apple Intelligence  — Device will tap into cameras, doorbells and run Apple's apps
Dina Bass / Bloomberg:
An interview with Microsoft Gaming CEO Phil Spencer, who says he won't rule out any Xbox exclusive coming to PlayStation, discusses potential M&A, and more  —  Phil Spencer is planning how to enter and partner in the handheld device and mobile-store markets
Callie Holtermann / New York Times:
Bluesky says it has gained 1M+ users in the week since the US election, mostly in the US, the UK, and Canada, and now has 14.7M users in total  —  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.
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 …
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.
Simon Willison / Simon Willison's Weblog:
A look at Qwen2.5-Coder-32B-Instruct, which Alibaba claims can match GPT-4o 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.
Spencer Soper / Bloomberg:
Amazon recently told staff with disabilities that it was adding a more rigorous vetting process to approve working from home, as it moves to five days per week  —  New ‘multilevel leader review’ can take weeks and has prompted concerns that affected corporate workers will give up and quit.
More: The Verge
Lim Hui Jie / CNBC:
Swiggy opened up ~8% on its trading debut after the company raised $1.34B in an Indian IPO, which became the second largest IPO in India in 2024  —  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.
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.
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 that the company was readying a stock market listing.
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.
NBC News:
The US sentences Air National guardsman Jack Teixeira to 15 years for stealing classified Pentagon information 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.
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 …
Suzanne Smalley / The Record:
How Italy became an unexpected spyware hub, going under the radar by specializing in cheaper tools, as authorities carry out thousands of operations since 2021  —  In April 2022, about four months after Kazakhstan's government violently cracked down on nationwide protests …
Forums: r/privacy
Steven Rosenbush / Wall Street Journal:
PitchBook: tech as a percentage of total private equity deal value was 28.3% in Q3, up from 18.7% in Q2, as VC firms and tech startups turn to PE for liquidity  —  Measured realism feels alien in the go-big-or-go-home world of tech, but it could have positive outcomes

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