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November 21, 2024, 10:55 AM
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Top News

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 …
Brian Fung / CNN:
As part of its proposed remedies, the US DOJ says Google should be required to syndicate its US search results to other rival search engines for the next decade
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
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 …
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.  —  Nvidia (NVDA) reported its Q3 earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines …
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.
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  —  - Google researchers introduced AlphaQubit, an AI-powered decoder that improves quantum error correction, reducing errors …
George Hammond / Financial Times:
A profile of Thrive Capital, whose biggest portfolio companies include OpenAI and Stripe, as rivals dismiss the VC firm's approach as closer to asset management  —  As OpenAI raced to raise almost $7bn last month, one investor was always on hand.  Thrive Capital stayed close …
Michelle Conlin / Reuters:
Nick Pickles, who left X as VP of Global Affairs in September, joins Sam Altman's Tools for Humanity, which is building World Network, as chief policy officer  —  Nick Pickles, the former head of global affairs at Elon Musk's social media platform X, is joining forces with one of Musk's rivals, his fellow OpenAI co-founder Sam Altman.
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.
Catherine McGrath / Fortune:
Las Vegas-based Monkey Tilt, which combines online gambling with a chat function and content made by influencers, raised a $30M Series A led by Pantera  —  Monkey Tilt launched just eight months ago and has amassed $200 million of monthly betting volume.  —  Online gambling used …
More: Cryptonews
Sarah McBride / Bloomberg:
Colorado-based Enveda, which uses AI to find drug candidates, raised $130M, after raising $55M in June, and launches a clinical trial for an oral eczema drug  —  AI has so far failed to transform health care, but investors are betting on its potential.  —  Enveda Therapeutics Inc. …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:55 AM ET, November 21, 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

Lauren Forristal / TechCrunch:
Tubi launches Scenes, a mobile feature that lets viewers watch 60-to-90-second trailer-style clips from its library to help with content discovery

Daniel Thomas / Financial Times:
James Harding says the Tortoise-Observer deal could create a profitable media group and there isn't a guaranteed future for the Observer with the Guardian

Alex Sherman / CNBC:
Analyzing Comcast's spinoff of cable networks, purposefully structured with low debt: the move might be a signal to the industry that it's time to consolidate

More News

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
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 systemic violations

Earlier Picks

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
Claudia Assis / MarketWatch:
Palo Alto Networks reports Q1 revenue up 14% YoY to $2.14B, vs. $2.12B est., and projects FY 2025 sales in line with estimates; PANW drops ~5% after hours
Larry Dignan / Constellation Research:
Snowflake reports Q3 revenue up 28% YoY to $942.09M, vs. $898.46M est., and partners with Anthropic to bring Claude 3.5 models to Cortex AI; SNOW jumps 20%+
Hayden Field / CNBC:
Menlo Ventures: business spending on generative AI hit $13.8B in 2024, up from $2.3B in 2023; OpenAI's marketshare in enterprise AI declined from 50% to 34%
Sarah Perez / TechCrunch:
Threads begins rolling out the ability to create custom feeds globally, giving users options beyond “For You” and “Following” feeds
Margi Murphy / Bloomberg:
US prosecutors charge five alleged members of the Scattered Spider hacking group for their role in the hacks of 29+ individuals and theft of $11M+ in crypto
Zac Hall / 9to5Mac:
Meta unveils new Messenger features, including audio and video voicemail, AI backgrounds for video calls, and hands-free calling and messaging via Siri
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