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November 13, 2024, 11:10 PM
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| Bloomberg: |
Polymarket says the FBI seized CEO Shayne Coplan's phone and electronics; source: the DOJ is investigating Polymarket for allegedly accepting bets from US users — - Polymarket says FBI agents seized CEO's phone, electronics — Platform has taken recent measures to weed out US traders
More: The Guardian, Axios, New York Post, New York Times, Wall Street Journal, The Block, Reuters, Al Jazeera, The Information, Decrypt, CoinGape, Business Insider, Cointelegraph, Fox Business, The Verge, Crypto Briefing, CryptoSlate, crypto.news, SiliconANGLE, CoinGape, CoinDesk, Cryptopolitan, ZeroHedge News, Reclaim The Net, Daily Mail, and CoinJournal
X: @news_of_alpha, @sarah07144297, @elonmusk, @lucanetz, @ryansadams, @shayne_coplan, @seanmdav, @dogetoshi, @ntmoney, @adamscochran, @trading_axe, @spreekaway, @pronounced_kyle, @nkulw, @zck, @joshuaogundu, @ericbalchunas, @ryansadams, @danprimack, @cobratate, @jseyff, @mdudas, @elonmusk, @mhonkasalo, @packym, @functi0nzer0, @ryansadams, @rargulati, @shayne_coplan, @brian_armstrong, @pledditor, @micsolana, @autismcapital, @qwqiao, @0xmerp, @banks, @shaunmmaguire, and @dogetoshi
Forums: Hacker News, r/law, r/Buttcoin, r/neoliberal, r/Conservative, and r/somethingiswrong2024
| 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.| 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 …
More: SiliconANGLE, TechCrunch, The Verge, Tom's Guide, MarkTechPost, The Information, and eWeek
Forums: r/singularity and Slashdot
| 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 … | 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 …
More: Reuters, 9to5Mac, PYMNTS.com, The Wrap, Social Media Today, Engadget, and iPhone in Canada Blog
Threads: @mattnavarra, @lucasknorr, @davidcelis, @theofficialkatya, @guillecummings, and @jonloomer. Forums: Slashdot
| Ian King / Bloomberg: |
Cisco reports Q1 revenue down 6% YoY to $13.8B, vs. $13.77B estimated, net income down 25% to $2.7B, and forecasts Q2 revenue above estimates — - Company has been working to recover from yearlong slump — Federal government spending is seen as a weak spot for Cisco
More: SiliconANGLE, Cisco, Proactive, Investor's Business Daily, Constellation Research, Benzinga, Reuters, MarketWatch, and CNBC. X: @thetranscript_
| 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
More: FedScoop, PYMNTS.com, CNBC, Washington Post, The Information, and SiliconANGLE
| 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, The Information, Associated Press, Forbes, Android Police, Android Authority, KTVU-TV, The Straits Times, Retail Dive, Axios, How-To Geek, Semafor, MediaPost, CBS News, TechRadar, Proactive, CNET, Fortune, GeekWire, Gizmodo, UPI, BGR, Cybernews.com, Investor's Business Daily, Android Headlines, ZDNET, Chain Store Age, PCMag, The Verge, Benzinga, TechCrunch, and Bloomberg
LinkedIn: Dharmesh Mehta, Margaux Logan, and Miya Knights
| 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 Daily Upside, Proactive, Windows Central, BGR, ZeroHedge News, PetaPixel, TechCrunch, and The Information
Mastodon: @carnage4life@mas.to. X: @emostaque, @chehendriksen, @mobileraj, @rachelmetz, @joshm, @paulroetzer, @modestproposal1, @psychosort, @binarybits, @basedjensen, @btibor91, @morqon, @emostaque, @swyx, @kimmonismus, @stevenheidel, @jzl86, and @chetanp
Forums: r/technology, r/OpenAI, and MacRumors Forums
| Lauren Forristal / TechCrunch: |
Google announces new features for the Fitbit Ace LTE, its smartwatch for kids, including family group chats, messaging for siblings, and a new mini-game — Fitbit's Ace LTE, the smartwatch designed for ages 7+, is introducing new features to help families stay connected and get active together.
More: The Keyword, Android Central, Techopedia, Android Police, Phone Scoop, MakeUseOf, PhoneArena, Neowin, CNET, Android Authority, and 9to5Google
| 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 …
More: NBC10 Philadelphia, CoreWeave, CRN, and PitchBook
| Sergiu Gatlan / BleepingComputer: |
FBI and CISA: Chinese hackers breached multiple US telecom companies, compromising the “private communications” of US officials and stealing customer call data — CISA and the FBI confirmed that Chinese hackers compromised the “private communications” of a “limited number” …
More: Federal Bureau …, The Register, Fox News, Bloomberg, Politico, PCMag, and Reuters. Mastodon: @BleepingComputer …
| Ingrid Lunden / TechCrunch: |
DeepL, which was valued at $2B in May 2024, debuts DeepL Voice to give users real-time text translations of others speaking in one of 13 different languages — DeepL has made a name for itself with online text translation it claims is more nuanced and precise than services from the likes of Google … | 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: NBC News, The Information, Politico, New Yorker, New Jersey Online, The Wrap, and Gizmodo
X: @dashaburns, @meridithmcgraw, @lawindsor, @divestech, @teddyschleifer, @silvermanjacob, @silvermanjacob, @mattinthemittel, and @willchamberlain
Forums: r/politics and r/politics
| 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: Android Authority, Game File, Video Games Chronicle, IGN, Liliputing, Kotaku, Engadget, Windows Central, ExtremeTech, Cryptopolitan, How-To Geek, KitGuru, Android Headlines, Tom's Hardware, TechPowerUp, PC Gamer, Game Rant, Digital Trends, CNET, Push Square, MobileSyrup, Neowin, Destructoid, TweakTown, Screen Rant, PCWorld, TrueAchievements, Gameranx, and Metro.co.uk
X: @jasonschreier, @dinabass, and @tomwarren
Forums: r/ElderScrolls, r/socialism, r/NintendoSwitch, r/xbox, r/Games, and r/PS5
| Anne Steele / Wall Street Journal: |
Spotify plans to pay incentives to video creators who hit certain viewing thresholds and, in January, to let Premium subscribers view podcast videos without ads — Audio-streaming giant plans to pay hosts to make podcast videos and allow premium subscribers to watch them without ads| 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, 9to5Google, Engadget, Android Central, and Android Headlines
| Abner Li / 9to5Google: |
Google says real-time protections against scam calls and malicious apps are rolling out on Pixel 6 or newer devices and coming soon to more Android phones — After demoing at I/O 2024 in May, Google is rolling out real-time Scam Detection for phone calls on Pixel devices.| 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, CNBC, Financial Times, Reuters, Payments Dive, Cautious Optimism, Tech Startups, BusinessLIVE, PitchBook, The Information, and Financial Express
X: @jordanhmckee, @alys_key, and @maxkarpis
| 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: SiliconANGLE, Decrypt, The Block, and Cointelegraph
| Bloomberg: |
Sources: Thrive Capital is in talks to invest ~$1B in analytics software maker Databricks at a ~$55B valuation; PitchBook: DataBricks has raised $4B+ so far — - Software startup tender offer to value company at $55 billion — Snowflake competitor has tapped private markets to delay IPO
More: Reuters
| Nicole Hegarty / ABC: |
Australia plans to enact laws imposing a “digital duty of care” on big tech, which would make companies liable for citizens' safety online — In short: — Online platforms would be legally responsible for keeping Australians safe online under new Digital Duty of Care laws.
More: Information Age, news.com.au, Channel News, The Guardian, Crikey, The Daily Aus, Lawyerly, The Saturday Paper, SBS News, skynews, Women's Agenda, InnovationAus.com, theaustralian, The Australian Greens, Human Rights Law Centre, Ministers for the Department …, The Conversation, The Conversation, Bloomberg, Cyber Daily, Australian Financial Review, and Capital Brief
| 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.
More: TechCrunch. Mastodon: @ampersine@mastodon.online. LinkedIn: Annie Palmer. Forums: r/technology and Slashdot
| Natasha Lomas / TechCrunch: |
UK consumer rights group Which? launches a legal claim against Apple, seeking £3B in compensation, alleging that Apple locked ~40M UK users into iCloud services — U.K. consumer rights group ‘Which?’ is filing a legal claim against Apple under competition law on behalf of some 40 million users …
More: BBC, The Independent, Reuters, Yahoo Finance, Daily Mail, The Mirror, London Evening Standard, and Which?. Mastodon: @carnage4life@mas.to
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