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November 25, 2024, 6:20 AM
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Top News

Bloomberg:
Sources: Sony is in the early stages of developing a portable console to play PS5 games, building on the PlayStation Portal, although its launch is years away  —  - Nintendo's Switch has dominated mobile console space for years  — Rival Microsoft is also developing portable gaming prototypes
Mark Gurman / Bloomberg:
Thoughts on Apple TV's history and future; sources: Apple postponed a larger-than-usual number of iOS 19 features to spring 2026, when iOS 19.4 is set to debut  —  Apple doesn't need its own TV set.  But it should make a low-cost TV streaming stick to bring its content, apps and smart home features to more households.
Steven Overly / Politico:
Q&A with US Commerce Secretary Gina Raimondo on what happens to the $50B CHIPS program under the Trump administration, the future of AI safety, China, and more
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
Bloomberg:
Sources: Cantor Fitzgerald plans a $2B+ program to lend USD to clients who put up bitcoin as collateral and is talking with Tether about supporting the program
Brendan Greeley / Financial Times:
A bitcoin strategic reserve is a resilience strategy for the “hodlers”, not the US state, as a bet on bitcoin is bullish on permanent institutional collapse  —  It is a resilience strategy for the ‘hodlers’, not the US state  —  In July, Cynthia Lummis, a US senator from Wyoming …
Washington Post:
Sources: Marc Andreessen, Travis Kalanick, and more are involved in the Department of Government Efficiency; Andreessen is acting as a networker for recruitment  —  The Tesla executive and the former presidential candidate are meeting with staff and interviewing experts as they plan for massive federal cuts.
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 …
Robert Triggs / Android Authority:
A look at the shortcomings of Google's Tensor SoC for Pixel devices, with four generations failing to impress in key performance and power efficiency metrics  —  Would future Pixels be better of returning to Snapdragon?  —  •  —  Thanks to an unprecedented leak from Google's gchips division …
More: NewsBytes.  Forums: r/hardware and r/Android
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.  Forums: Slashdot

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:20 AM ET, November 25, 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

Daniel Thomas / Financial Times:
Trade body data: copyrighted music revenue was $45.5B in 2023, above cinema box office spending of $33.2B in 2023 and $41.9B in 2019; record labels made $28.5B

Lucas Shaw / Bloomberg:
The music industry is entering a cycle of consolidation, driven by a slowdown at the major labels, the growing market for independents, and the rapacity of PE

Geneva Abdul / The Guardian:
Internal email: the UK's Reach plans to merge staff at The Daily Mirror and celebrity magazine OK! to cut costs, but the move won't result in cutting of roles

More News

David Pan / Bloomberg:
A profile of Chris Maurice, the CEO of US stablecoin startup Yellow Card, which operates in 20 African countries and has traded $3B+ worth of crypto in 2024
Benedict Evans:
An overview of macro tech trends for 2025, focusing on generative AI, LLMs, scaling challenges with training ever bigger AI models, the capex surge, and more

Earlier Picks

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
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