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November 14, 2024, 1:30 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 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 …
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 …
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
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 …
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.
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
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” …
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, 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
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.
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 …
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.
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.
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
Yang Jie / Wall Street Journal:
Nvidia says Jetson Thor, a computer first unveiled in March 2024 and designed for testing humanoid robot software, will be available in the first half of 2025  —  The company is targeting a fragmented market of robot makers  —  Nvidia is set to bring its new technology for powering humanoid robots …
June Yoon / Financial Times:
The ASP of high-end AI chips from Nvidia and others is ~5x more than that of conventional memory chips, resulting in 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 …
Bloomberg:
Sources: the UK Treasury is planning to introduce legislation on stablecoins and staking; the FCA says it plans to publish a crypto regulatory roadmap “shortly”  —  - Government to introduce legislation on stablecoins, staking  — UK faces industry pressure for clarity as US, EU set pace
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
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.

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This is a Techmeme archive page. It shows how the site appeared at 1:30 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

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

Todd Spangler / Variety:
Disney plans to add an ESPN “tile” to Disney+ for US subscribers on December 4, giving users access to some free ESPN content

More News

Bloomberg:
How gambling apps are indebting Brazilians, after legalization; Nubank reassured investors in September 2024 that it had limited exposure to troubled bettors

Earlier Picks

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
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
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
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
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