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November 25, 2024, 9:55 AM
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| Bloomberg: |
Sources: Sony is in the early stages of developing a portable console for PS5 games, building on the PlayStation Portal, although its debut is likely years away — - Nintendo's Switch has dominated mobile console space for years — Rival Microsoft is also developing portable gaming prototypes
More: London Evening Standard, HotHardware, Forbes, Tom's Hardware, PCMag, The Sun, TechSpot, Engadget, Game Developer, Benzinga, Cryptopolitan, The Verge, Polygon, Boing Boing, Cybernews.com, TechRaptor, GamesIndustry.biz, Gematsu, iPhone in Canada Blog, Kotaku, PlayStation LifeStyle, TechRadar, GreenBot, Metro.co.uk, Tom's Guide, Press Start, TheGamer, KitGuru, Comic Book, Pure Xbox, WinBuzzer, Neowin, Dexerto, Gameranx, IGN, Wccftech, Push Square, The Shortcut, Android Authority, GamingBolt, Eurogamer.net, Screen Rant, Oh No They Didn't!, and Video Games Chronicle
Forums: r/PS5, r/hardware, r/gaming, r/kindafunny, r/technology, and r/playstation
| James Hunt / The Block: |
MicroStrategy bought 55,500 bitcoin for ~$5.4B cash at an average price of $97,862 between November 18 and November 24, taking its holdings to ~386,700 bitcoin — - MicroStrategy has purchased another 55,580 BTC for approximately $5.4 billion at an average price of $97,862 per bitcoin.| Sarah Kessler / New York Times: |
US coding boot camp graduates are facing a tough job market due to AI coding tools and mass layoffs; CompTIA: developer job listings are down 56% since 2019 — Coding boot camps once looked like the golden ticket to an economically secure future. But as that promise fades, what should you do?
More: Forbes and Freddie deBoer
| New York Times: |
Sources: Intel, the biggest recipient of CHIPS Act money, could get less than $8B, after its Ohio plant delays; the US announced $8.5B for Intel earlier in 2024 — The Biden administration is reducing its award to the pioneering chip maker to less than $8 billion, from $8.5 billion.
More: CNBC, Computerworld, Proactive, Reuters, Oregonian, Benzinga, The Straits Times, Politico, and Political Wire. Forums: r/hardware
| Peter Chapman / Bloomberg: |
The EU says Corning offered commitments in a bid to settle an antitrust probe over alleged exclusive Gorilla Glass deals, including waiving exclusive clauses — - EU feared deals for smartphone glass were anti-competitive — US firm could avoid hefty fines if remedies are accepted
More: European Commission, The Verge, TechCrunch, and Reuters
| Kyle Wiggers / TechCrunch: |
PlayAI, which uses AI to clone voices for $49 or $99 per month and recently rolled out AI agents, raised a $20M seed co-led by 500 Startups and Kindred Ventures — Back in 2016, Hammad Syed and Mahmoud Felfel, an ex-WhatsApp engineer, thought it'd be neat to build a text-to-speech Chrome extension for Medium articles.
More: PlayAI Blog
| Aisha S Gani / Bloomberg: |
Klarna reports ~$1.85B in Q1 to Q3 2024 revenue, up 23% YoY, pretax loss down 99% YoY to ~$180K, and Q3 net income up 57% YoY to ~$19.7M, as its US IPO nears — - Buy now, pay later firm's revenue up 23% in nine-month period — Klarna has filed for an initial public offering in the US
More: Klarna US
| Financial Times: |
The EU says Bluesky breaches its rules for not disclosing key details about itself, and has asked 27 governments to see “if they can find any trace of Bluesky” — Social media platform that has grown in exodus from Elon Musk's X is accused of not declaring user numbers
More: Reuters
| Gary Marcus / Marcus on AI: |
A skeptical look at the new AI scaling “laws”, including post-train duration and “inference time compute”, and why they may fail to predict AI model performance — Scaling laws ain't what they used to be — “If anything we are seeing the emergence of a new scaling law … | Paul Sawers / TechCrunch: |
Italian PE firm Bending Spoons plans to take cloud video platform Brightcove private in a $233M deal; Brightcove, founded in 2004, makes monetization tools — Brightcove, a cloud platform that helps businesses manage and monetize video content, is being taken private by Italian technology …
More: Brightcove Inc.
| Eri Sugiura / Financial Times: |
Airbnb plans to let tenants in nearly 1,500 flats owned by Greystar in London to sublet homes on a part-time basis, expanding on a 2022 Greystar partnership — Concept aims to counter criticism that the platform contributes to housing crises in big tourist destinations
More: Reuters and The Indian Express
| Washington Post: |
Sources: Bill Ackman, Travis Kalanick, and others are involved in the Department of Government Efficiency; Marc Andreessen is a networker for talent recruitment — The Tesla executive and the former presidential candidate are meeting with staff and interviewing experts as they plan for massive federal cuts.
More: Business Insider and New York Times
Bluesky: @conorsen.bsky.social, @hyperlexic.bsky.social, @carnage4life.bsky.social, @jacobbogage.bsky.social, @jacobbogage.bsky.social, @leahmcelrath.bsky.social, @cuthrell.com, @jamellebouie.net, @darrencohen.me, @ericcolumbus.bsky.social, and @jael.bsky.social
X: @faizsays, @jstein_wapo, and @lizzadwoskin
| Wall Street Journal: |
Sources: in the past year, Cantor Fitzgerald agreed to invest as much as $600M in Tether for a ~5% stake; Cantor holds most of Tether's $134B in assets — Before becoming Trump's commerce secretary pick, Lutnick deepened Cantor's ties with a stablecoin firm under investigation
More: Yahoo Finance, CCN.com, Inside Bitcoins, Coinspeaker, CoinDesk, Bitcoin Insider, Coinpedia Fintech News, The Information, Cryptopolitan, Cryptonews, crypto.news, Crypto Briefing, and Cointelegraph
X: @ryanrodenbaugh, @ccatalini, @ccatalini, @ccatalini, @ccatalini, @silvermanjacob, and @waynevaughan. LinkedIn: Ben Foldy
| Bloomberg: |
More: crypto.news, Decrypt, Cryptopolitan, CryptoSlate, Benzinga, Reuters, Yahoo Finance, DL News, CryptoGlobe, and Coinpedia Fintech News
Sponsor Posts
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Zoho:
5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
Hamming:
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.Who's Hiring In Tech?
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