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November 21, 2024, 2:30 PM
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Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership  —  President, Global Affairs & Chief Legal Officer, Google & Alphabet  —  As part of its lawsuit over how we distribute Search …
Michael Liedtke / Associated Press:
Filing: the US DOJ asks a judge to force Google to sell Chrome, restrict Android from favoring Google Search, and ban default search deals on iOS and other Oses  —  U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through …
M.G. Siegler / Spyglass:
Forcing Google to sell Chrome sounds good on paper but the reality of it happening is fairly small as it will be extremely messy, if not impossible to execute  —  The idea that Google would be broken up as a result of their loss in the antitrust trial against their Search monopoly was never going to happen.
Paresh Dave / Wired:
Four former Google executives say innovation by rivals is key to breaking Google Search's dominance, and ChatGPT-like tools will one day supplant Google Search  —  Despite shared concerns about Google's power, critics of the company and former executives express little agreement on what …
Bloomberg:
The DOJ's proposal would require Google to divest from AI partnerships, like with Anthropic, and ban Google from offering exclusive deals to content providers
Jay Peters / The Verge:
Adam Mosseri says Threads is rebalancing ranking to prioritize content from people that users follow, warns that creators' “unconnected” reach may go down  —  As Bluesky's user numbers continue to rise, Instagram boss Adam Mosseri says Threads will change its For You page to show fewer posts from accounts you don't follow.
Paige Smith / Bloomberg:
The CFPB will supervise tech companies with digital wallets, like Apple Pay, Google Pay, and Venmo, with 50M+ annual transactions, treating them more like banks  —  The US Consumer Financial Protection Bureau will now treat those companies more like banks as long as they handle …
Brady Dale / Axios:
SEC chair Gary Gensler will step down on January 20; it has been traditional for SEC chairs to resign if the administration changes in the middle of their term  —  - “I thank President Biden for entrusting me with this incredible responsibility. … The agency had resisted launching exchange …
Aisha Malik / TechCrunch:
Meta is rolling out voice message transcripts on WhatsApp globally over the coming weeks in select languages, and says they are generated on users' devices  —  WhatsApp announced on Thursday it's rolling out voice message transcripts.  The Meta-owned company says the new feature will come …
Steven Levy / Wired:
How Satya Nadella put Microsoft back on top, including by cleaning up its toxic culture, embracing open source, and crafting the OpenAI deal, as it nears 50  —  When Satya Nadella took over as CEO, the company was lumbering and uncool.  He cleaned up a toxic culture, crafted the deal of the decade, and put Microsoft back on top.
Ronan Farrow / New Yorker:
The Trump administration's promises of mass deportations may lead to increased use of spyware like Graphite; ICE has a $2M contract with Graphite maker Paragon  —  Other Western democracies have been roiled by the use of spyware to target political opponents, activists, journalists, and other vulnerable groups.
Maxwell Zeff / TechCrunch:
Jensen Huang says “foundation model pretraining scaling is intact” and models like OpenAI's o1 could play a larger role in Nvidia's business moving forward  —  Nvidia raked in more than $19 billion in net income during the last quarter, the company reported on Wednesday …
Daniel Howley / Yahoo Finance:
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% YoY to $30.8B, vs. $29B est., and forecasts Q4 revenue above est.
Lukas Knigge / Table.Media:
The EU Parliament confirms Spain's Teresa Ribera as the next Competition Commissioner of the EU, replacing Margrethe Vestager  —  Teresa Ribera has been confirmed as the European Union's new Commissioner for Competition in the hearings of the EU Parliament.
Foo Yun Chee / Reuters:
Sources: Amazon will likely face an EU investigation next year into whether it breaches the DMA by favoring its own brand products on its online marketplace  —  Amazon (AMZN.O) will likely face an EU investigation next year into whether it favours its own brand products on its online marketplace …
More: PYMNTS.com and The Verge

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From Mediagazer

Wall Street Journal:
A profile of incoming FCC Chair Brendan Carr, a telecom lawyer and longtime FCC official who believes tech and media companies have been unfair to conservatives

Wall Street Journal:
Sources describe Netflix's struggles handling traffic for the Tyson-Paul fight, with viewership nearly three times what the company had anticipated

Charlie Warzel / The Atlantic:
Q&A with Julia Angwin on how social media creators flipped the traditional journalism process for telling stories and what journalists can learn from creators

More News

Earlier Picks

Swetha Gopinath / Bloomberg:
London-based Lighthouse, which offers tools to help hotels analyze market demand and rates, raised a ~$370M Series C led by KKR, sources say at a $1B+ valuation
Kyle Wiggers / TechCrunch:
OpenAI releases a free online course for K-12 teachers to integrate ChatGPT into their classrooms, but some educators remain skeptical about the technology
Matt Swayne / The Quantum Insider:
Google Quantum AI and DeepMind researchers debut ML decoder AlphaQubit, which surpasses existing methods in identifying and correcting quantum computing errors
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