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November 21, 2024, 10:15 AM
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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  —  If Google were to sell off Chrome, who would benefit?  Anyone?  —  The idea that Google would be broken up as a result …
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
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 …
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 …
Steven Levy / Wired:
How Satya Nadella transformed Microsoft as it enters its 50th year, including by changing its toxic culture, embracing open source, and making the OpenAI deal  —  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.
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.
Anna Gross / Financial Times:
Several media and tech executives say UK VC Matt Clifford, who has advised successive Tory and Labour governments, has an outsized influence over AI policy  —  British venture capitalist has advised successive Tory and Labour governments  —  Last year, as thousands of customers withdrew …
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. …
Guthrie Scrimgeour / Wired:
Hawaii's The Garden Island discontinues the use of AI-generated newscasters on YouTube and Instagram after two months, likely due to negative public response  —  A local newspaper in Hawaii experimented with AI-generated presenters to engage and boost its readership.  After two months, the bots have been shelved.
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%+  —  Snowflake said it has inked a multi-year deal to bring Anthropic's Claude models to Snowflake Cortex AI.

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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 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
Kyle Wiggers / TechCrunch:
Chinese AI company DeepSeek unveils DeepSeek-R1-Lite-Preview, a “reasoning” AI model that it claims is competitive with OpenAI's o1, and plans to open source it
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
Mackenzie Hawkins / Bloomberg:
The Biden admin finalizes $1.5B CHIPS Act incentives for GlobalFoundries, meaning it can start receiving federal funding for facilities in Vermont and New York
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