Techmeme
November 24, 2024, 8:15 AM

Top News

Financial Times:
Similarweb: Bluesky app usage in the US and UK grew ~300% to 3.5M DAUs after Nov. 5; Threads now has 1.5x Bluesky's DAUs in the US, down from 5x before Nov. 5  —  Social media giant's Threads app makes changes as smaller competitor to X surges  —  Meta's Threads is losing ground …
Christine Lemmer-Webber / Dustycloud Brainstorms:
ActivityPub co-author on Bluesky and ATProto being neither decentralized nor federated, and how Bluesky is building a good X replacement with a “credible exit”  —  Recently due to various events (namely a lot of people getting off of X-Twitter), Bluesky has become a lot more popular …
Wall Street Journal:
Sources: TikTok CEO Shou Chew, who has known Elon Musk for several years, has sought Musk's counsel in recent weeks on the incoming Trump administration  —  Popular video app and Chinese parent ByteDance view rival social-media owner as conduit to the president-elect
Natasha Lomas / TechCrunch:
Profiles of Teresa Ribera, Henna Virkkunen, and Ekaterina Zaharieva, the three incoming EU commissioners in charge of key tech policy areas into 2029  —  The European Union looks to have clinched political agreement on the team of 26 commissioners who will be implementing President Ursula …
Hugh Son / CNBC:
Customers of banking startups like Yotta describe losing savings ranging from $7,000 to $200,000+ due to Synapse's collapse, after US regulators refused to help  —  For 15 years, former Texas schoolteacher Kayla Morris put every dollar she could save into a home for her growing family.
Reuters:
Utilities, regulators, and researchers in six countries say the power demand surge caused by AI and data centers is being met in the near-term by fossil fuels  —  A spike in electricity demand from the world's big data providers is raising a worrying possibility for the world's climate: a near-term surge in fossil-fuel use.
More: Wired
Bloomberg:
Gamers who prefer playing together are fueling demand for esports hotels across China; research firm Niko Partners says China has more than 21,000 such hotels  —  With bunkbeds, 24/7 tech support and state-of-the-art consoles, China's 21,000 esports hotels cater to gamers who prefer to play together.
Forums: r/China
New York Times:
Sources: the US government launched an investigation into the Salt Typhoon hack after Microsoft alerted it and telecom companies about anomalies  —  Leaders of the big telecommunications companies were summoned to the White House to discuss strategies for overhauling the security …
New York Times:

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Sam McKeith / Reuters:
Isabelle Bousquette / Wall Street Journal: