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November 21, 2024, 6:35 AM
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| Kent Walker / The Keyword: |
Google says the US DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers and jeopardize 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: DOJ asks judge to force Google to sell Chrome, restrict Android from favoring Google's search engine, ban default search deals on iOS and other devices — U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through …
More: Engadget, Washington Post, New York Times, Benzinga, 9to5Google, Android Authority, acecomments.mu.nu, NBC News, Deutsche Welle, Business Insider, TRT WORLD, Wall Street Journal, Information Age, WKU Public Radio, RNZ, Courthouse News Service, Reuters, Breitbart, SHINE, NewsBytes, Irish Independent, and Forexlive
| 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 … | Leah Nylen / Bloomberg: |
Filing: the US DOJ's proposal requires Google to allow websites more ability to opt-out of its AI products and provide more ad placement controls to advertisers — - Antitrust officials propose options in historic lawsuit — Google says government pushing ‘radical agenda’ beyond case
More: The Verge, Tech Xplore, Phandroid, Politico, Axios, PYMNTS.com, TechRadar, and USA Today. X: @adamkovac
| Daniel Howley / Yahoo Finance: |
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% to $30.8B, vs. $29B est., and forecasts Q4 revenue above estimates — Nvidia (NVDA) reported its Q3 earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines …
More: Tech Monitor, Dataconomy, NVIDIA, Investing.com, Reuters, CCN.com, COINOTAG NEWS, The Indian Express, TipRanks Financial, BeInCrypto, YourStory.com, DigiTimes, Livemint, Barron's Online, Times of India, TweakTown, SiliconANGLE, Wall Street Pit, Constellation Research, FX Empire, Fast Company, Fortune, Fox Business, CRN, Shacknews, Invezz, The Motley Fool Australia, Quartz, Proactive, Forbes, Entrepreneur, Blockworks, Investopedia, and CNBC
X: @beth_kindig, @garyblack00, @yahoofinance, @beth_kindig, @scutty, @keithmccullough, @jimcramer, @mikealfred, @beth_kindig, @jimcramer, and @zerohedge. LinkedIn: Pete Arentson
| Matt Swayne / The Quantum Insider: |
Google researchers introduce AlphaQubit, a machine-learning decoder that surpasses existing methods in identifying and correcting quantum computing errors — - Google researchers introduced AlphaQubit, an AI-powered decoder that improves quantum error correction, reducing errors by 6% compared … | Paige Smith / Bloomberg: |
CFPB will supervise tech companies offering digital wallets, like Apple Pay, Google Pay and Venmo, by treating companies with 50M+ annual transactions as banks — The US Consumer Financial Protection Bureau will now treat those companies more like banks as long as they handle …
More: Reuters, Wall Street Journal, and Washington Post
| Fanny Potkin / Reuters: |
Sources: Huawei plans to start mass-producing its most advanced AI chip, the Ascend 910C, in Q1 2025, even as it struggles to make enough chips due to US curbs — China's Huawei plans to start mass-producing its most advanced artificial intelligence chip in the first quarter of 2025 …
More: Huawei Central, Benzinga, Wccftech, ExtremeTech, and Tom's Hardware
| Reed Albergotti / Semafor: |
Q&A with Palo Alto Networks CEO Nikesh Arora about the role of the tech industry in Trump's administration, AI, the future of cybersecurity, and more — The Scene — While Palo Alto Networks CEO Nikesh Arora and his firm are more under the radar than Silicon Valley's consumer companies …
More: CRN
| Wall Street Journal: |
Sources: xAI has told investors it raised $5B in a funding round valuing it at $50B and that its revenue has reached $100M on an annualized basis — The artificial intelligence startup has more than doubled its valuation from the spring — Elon Musk's artificial intelligence startup … | Larry Dignan / Constellation Research: |
Snowflake reports Q3 revenue up 28% YoY to $942.09M, vs. $898.46M est., unveils a deal with Anthropic to bring Claude to Cortex AI; SNOW jumps 18%+ after hours — Snowflake said it has inked a multi-year deal to bring Anthropic's Claude models to Snowflake Cortex AI.| Sam Gutelle / Tubefilter: |
Streamlabs: Twitch accounted for 82.3% of total Q3 streaming hours, with YouTube Gaming in second place at 5.6%; Kick grew 204% from Q2 2023 to Q3 2024 — For years, the Logitech-owned creator dashboard Streamlabs and its data partner Stream Hatchet have compiled quarterly progress reports for the streaming industry.| Bloomberg: |
Alibaba appoints Jiang Fan its new e-commerce chief in an overhaul of the struggling business; Jiang was demoted in 2020 after allegations of improper conduct — - International chief Jiang will oversee entire commerce unit — Jiang will become one of the company's most powerful execs
More: The Information and Reuters
| Michael Nuñez / VentureBeat: |
A look at OpenScholar, an LLM for scientific research built by the Allen Institute for AI and the University of Washington that outperforms GPT-4o on accuracy — Scientists are drowning in data. With millions of research papers published every year, even the most dedicated experts struggle … | Rod McGuirk / Associated Press: |
Australia introduces a bill in Parliament to ban children younger than 16 from social media; companies would face fines of up to AU$50M for violations — Australia's communications minister introduced a world-first law into Parliament on Thursday that would ban children under 16 from social media …
More: Nikkei Asia, TechCrunch, The Guardian, Business Today, CCN.com, Reuters, Associated Press, Agence France-Presse, The North West Star, parlinfo.aph.gov.au, Information Age, Crikey, BBC, 9News, Mumbrella, Bloomberg, and Associated Press
| Eileen Guo / MIT Technology Review: |
A look at biometric ID company Clear, as it works to expand its face-based line-cutting service at retailers, banks, doctor's offices, and other places — If you've ever been through a large US airport, you're probably at least vaguely aware of Clear. Maybe your interest (or irritation) … | Bloomberg: |
Sources: Trump's team is talking with the crypto industry over whether to create a White House post dedicated to cryptocurrency policy and is vetting candidates — - President-elect's team is vetting candidates for the job — Crypto industry executives spoke with Trump this week
More: Crypto Briefing, Blockonomi, Techreport, The Times, Trending Politics …, CCN.com, Bitcoin News, South China Morning Post, Washington Post, Cryptonews, crypto.news, CoinGape, Cryptopolitan, Bitcoinist.com, Bitcoin Insider, Cointelegraph, Coinpedia Fintech News, CryptoSlate, Decrypt, The Crypto Times, Yahoo Finance, Reuters, The Block, Watcher Guru, Barron's Online, and Fortune
X: @mikebutcher, @prestonjbyrne, @fintechfrank, @rationalwalk, and @alex_dreyfus. Forums: r/politics
| Sara Fischer / Axios: |
Adtech company The Trade Desk announces Ventura, a smart TV operating system, and plans to partner with TV manufacturers for its rollout, expected in H2 2025 — - “We're looking at a concentration around a handful of players that lack objectivity,” Green said.
More: The Verge, Ad Age, The Trade Desk, Marketing Dive, Light Reading, The Information, Benzinga, MediaPost, Benzinga, Adweek, Digiday, and The Desk
Mastodon: @jank0@sfba.social. Bluesky: @tysons-tech.bsky.social. X: @arthurquerou, @humanpropensity, @karstenw, @adtechgod, @reidjjackson, @naterothstein, @jamesiii, @sarafischer, @reidjjackson, @aepstein_, @paulcheesbrough, @jonholm, @thetradedesk, @michaelcaprio, @jk13, and @chappelltracker
LinkedIn: Tyler Bell, Sara Fischer, Jeff Green, and Marion Ranchet
| Evelyn Cheng / CNBC: |
Baidu reports Q3 revenue down 3% YoY to $4.78B, net income up 14% YoY to $1.09B, and online marketing revenue up 12% YoY to $1.1B, driven by AI cloud business — BEIJING — Chinese tech giant Baidu on Thursday posted a 3% annual drop in third-quarter revenue, nevertheless beating market expectations amid AI cloud growth.
More: Nikkei Asia, Barron's Online, Reuters, Bloomberg, Baidu, Inc., and Associated Press. X: @callmemilan
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