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November 14, 2024, 4:10 AM
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Top News

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
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 staff at the end of 2023  —  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 2025  —  The new software, codenamed “Operator,” is set to be released in January.  —  OpenAI is preparing to launch a new artificial intelligence agent codenamed …
The Information:
Sources: Instagram's ad unit plans to launch ads on Threads in early 2025; Meta's public statements imply that any Threads ad rollout in 2025 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 …
Ian King / Bloomberg:
Cisco reports Q1 revenue down 6% YoY to $13.8B, vs. $13.77B est., 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
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.
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” …
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 …
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
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 …
Anne Steele / Wall Street Journal:
Spotify plans to pay incentives to video creators who hit certain viewing thresholds and, in January 2025, to let Premium users 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
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 …
Alex Kantrowitz / Big Technology:
Q&A with Spotify Co-President and CTO Gustav Söderström on AI-generated music, NotebookLM podcasts, AI recommendations, improving discoverability, and more  —  Spotify's Gustav Söderström talks about AI music, Notebook LM podcasts, and the nuance of building better discovery using LLMs.
More: Billboard, pod.link, and CNET
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.
Francesco Guarascio / Reuters:
A look at Vietnam's expansion in the $95B chip packaging industry; SIA and BCG expect Vietnam to have 8%-9% of the global share by 2032, up from 1% in 2022  —  Foreign companies are expanding capacity in Vietnam for testing and packaging chips while domestic firms are eyeing investments …
June Yoon / Financial Times:
TrendForce: the ASP of high-end AI chips from Nvidia and others is ~5x more than conventional memory chips, creating a winner-takes-all trend in the chip sector  —  If you can't beat it, join the US company's supply chain  —  Twenty-five years ago, Intel made history by becoming …
Rest of World:
Indian mom-and-pop “kirana” stores are struggling to compete with quick commerce on discounts and delivery; ~200K kirana stores have closed in the past year  —  Services like Blinkit and Zepto are estimated to put more than 25% of India's neighborhood kirana stores out of business by 2030.

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This is a Techmeme archive page. It shows how the site appeared at 4:10 AM ET, November 14, 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

Jonathan Stempel / Reuters:
A New York judge finds Sirius XM liable for a difficult subscription cancellation process; Sirius says it will appeal but abide by a new “click-to-cancel” rule

Brian Steinberg / Variety:
Sources: NBCUniversal Vice Chairman Bonnie Hammer plans to leave the company at the end of the year; she has been with the company since 2004

Anja Karadeglija / The Canadian Press:
Meta clashes with Canada's CRTC over the Online News Act by declining to publicly release information about its measures to block news content on its platforms

More News

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
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”

Earlier Picks

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
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
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
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
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