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November 26, 2024, 12:55 PM
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Thomas Gryta / Wall Street Journal:
The US awards Intel up to $7.865B under the CHIPS Act to help build or expand chip plants in Arizona, New Mexico, Ohio, and Oregon, including $1B+ later in 2024  —  Government grant is less than originally expected because the chip giant is also receiving separate funding for defense
Gian Volpicelli / Bloomberg:
Bluesky says it is working to comply with EU rules and is consulting with its lawyers, after the bloc accused the social network of flouting its regulations  —  Bluesky said it's working to comply with European Union rules after the bloc accused the fast-growing social media platform of flouting its digital regulations.
Casey Newton / Platformer:
A look at Bluesky's moderation efforts as its growth surges; Bluesky plans to quadruple the size of its contract workforce of content moderators from 25 to 100
Foo Yun Chee / Reuters:
Google proposes Search tweaks in the EU to comply with the DMA, including removing the map showing hotel locations and results in Germany, Belgium, and Estonia  —  Google has proposed more changes to its search results in Europe after some smaller rivals complained about lower traffic …
New York Times:
Huawei unveils the $760+ Mate 70 series, powered by its HarmonyOS Next, calling the flagship the “smartest” Mate phone, as it continues to face US chip curbs  —  Last year, a chip breakthrough put Huawei on top of the Chinese smartphone market.  Now it is rolling out its newest phone, the Mate 70 series.
Bloomberg:
Sources: Xiaomi prepares a self-designed chip for its smartphones, to reduce its reliance on Qualcomm and MediaTek, with mass production set to begin in 2025  —  - Chinese firm is said to use in-house chips on 2025 phones  — Xiaomi's smartphone, EV businesses needs steady chip supply
Sara Fischer / Axios:
Meta says Threads had 35M new signups since November 1 and is now going on three months of 1M+ million signups per day; Threads had 275M+ MAUs in Q3 2024  —  - Bluesky said last week it now has more than 20 million users. … - According to the new data, another 20 million new signups have been added in the past 11 days.
Bill Donahue / Billboard:
Drake initiates legal action against UMG and Spotify for allegedly using bots, payola, and more to pump Kendrick Lamar's Not Like Us, a track that attacks Drake  —  In a legal petition, the star's company accuses UMG of serious wrongdoing — a stunning twist months after his high-profile feud with Kendrick.
Wall Street Journal:
A ransomware attack on major supply chain software provider Blue Yonder is disrupting operations at Starbucks, the UK's Sainsbury's and Morrisons, and others  —  Attack strikes operations managed through Blue Yonder, one of the largest supply chain technology providers
Reuters:
Brazil's antitrust regulator says Apple must allow app developers to link to external payment methods and to offer non-Apple in-app payment processing options  —  Brazilian antitrust regulator Cade said on Monday that Apple must lift restrictions on payment methods for in-app purchases …
Natalie Lung / Bloomberg:
Uber launches a data labeling service called Scaled Solutions, accepting gig worker signups from India, the US, Canada, Poland, and Nicaragua  —  - Rideshare giant wants to help other businesses train AI models  — Company accepting signups from India, US, Canada and Poland
Shirin Ghaffary / Bloomberg:
/dev/agents, which plans to build a cloud-based OS for AI agents that can work across phones, laptops, and cars, raised $56M, a source says at a $500M valuation  —  The company is looking to build an operating system to support a new crop of artificial intelligence products.

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This is a Techmeme archive page. It shows how the site appeared at 12:55 PM ET, November 26, 2024.

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From Mediagazer

Jeremy Barr / Washington Post:
CNN confirms Kaitlan Collins as its chief White House correspondent; she will become CNN's first prime-time anchor to also serve as its top White House reporter

Mark Mwachiro / Adweek:
Norah O'Donnell plans her last CBS Evening News broadcast as anchor for January 24, 2025

Takashi Mochizuki / Bloomberg:
Sony buying Kadokawa would help reduce its reliance on outside publishers for anime IP and build out its own portfolio to support PlayStation and other products

More News

Bloomberg:
Sources: Qualcomm's interest in an Intel acquisition has cooled; CEO Cristiano Amon says “right now, at this time, we have not identified any large acquisition”
Financial Times:
Telegram's H1 2024 unaudited financial docs: revenue up 190% YoY to $525M, a $335M post-tax profit, and $1.3B in digital assets, vs. nearly $400M at 2023's end
Maria Deutscher / SiliconANGLE:
N-able, which sells software for managed service providers and spun off from SolarWinds in 2021, acquires DC-based cybersecurity company Adlumin in a $266M deal
Jordan Novet / CNBC:
Zoom reports Q3 revenue up 4% YoY to $1.18B, vs. $1.16B est., net income up 47% YoY to $207.1M, and drops “Video” from its name, now Zoom Communications Inc.

Earlier Picks

Teresa Xie / Bloomberg:
Tron founder Justin Sun invests $30M in Donald Trump's World Liberty Financial, making him the largest investor in the DeFi project; the US SEC sued Sun in 2023
Washington Post:
The US DOJ and Google made their closing arguments in the ad-market antitrust case before Judge Leonie Brinkema, who expressed some skepticism toward both sides
David Gilmour / Mediaite:
Elon Musk appears to confirm that X deprioritizes posts with links in their main text, to stop “lazy linking”, and tells users to “put the link in the reply”
Kyle Wiggers / TechCrunch:
Anthropic debuts the Model Context Protocol, an open-source standard for connecting AI assistants to data sources, to help AI models give more relevant answers
Aisha Malik / TechCrunch:
Instagram adds the ability for users to share their locations with friends via DMs for up to one hour, in select countries
Stephen Nellis / Reuters:
Nvidia unveils Fugatto, an AI model for generating music and audio that can also modify voices, trained on open-source data, and weighs whether to release it
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