Techmeme
November 28, 2024, 12:40 AM

Top News

Bloomberg:
Sources: US FTC has opened an antitrust investigation of Microsoft, focusing on its cloud and software licensing business and its cybersecurity and AI products  —  - FTC has sent detailed information demand to Microsoft  — Questions focus on software licensing, cybersecurity and AI
Leah Nylen / Bloomberg:
The US FTC is investigating Uber after customers complained the company signed them up for Uber One without their consent and made it difficult to cancel  —  - Agency opened investigation into Uber One service this year  — Uber's lawyers complained about agency's push for a settlement
Kelcee Griffis / Bloomberg:
T-Mobile's CSO says “suspicious behavior, discovery-type commands” on the company's network devices tipped it off to the suspected Salt Typhoon-linked breach  —  - Carrier says the unauthorized activity resembled Salt Typhoon  — Companies trying to work together to avert further hacks
Bailey Lipschultz / Bloomberg:
Chinese self-driving company Pony.AI raised $413.4M in its US IPO, after pricing shares at $13, which rose 19% at open, giving it a nearly $5.4B market cap  —  - IPO priced at top of marketed range raised $260 million  — Firm also agreed private placements worth $153.4 million
Ana Altchek / Business Insider:
On Joe Rogan's podcast, Marc Andreessen criticizes the “raw administrative power” of US agencies like the CFPB, SEC, and FTC, discusses Elon Musk and DOGE, more  —  - Marc Andreessen discussed Elon Musk and the Department of Government Efficiency on Joe Rogan's podcast.
Bloomberg:
Sources: Trump's team interviewed Paul Atkins, a former SEC commissioner and strong proponent of crypto and fintech companies, as a candidate to lead the SEC  —  - Atkins is a proponent of crypto and fintech companies  — Uyeda, Tarbert and Stebbins have also been in contention
Bojan Pancevski / Wall Street Journal:
Sources: investigators suspect Chinese ship Yi Peng 3 dragged its anchor for 100+ miles to sever two Baltic internet cables, possibly at the behest of Russia  —  NATO warships surround Yi Peng 3, a Chinese bulk carrier at the center of an international probe into suspected sabotage
New York Times:
Mark Zuckerberg met with Donald Trump at Mar-a-Lago on November 27; sources: Zuckerberg, who has had a strained relationship with Trump, initiated the meeting  —  The president-elect has long been critical of Mr. Zuckerberg's social media platforms, saying they censor conservative viewpoints.
Jon Henley / The Guardian:
Romania's regulator calls for TikTok's suspension after an ultranationalist's shock first-round win fueled by viral TikTok videos, amid vote interference fears  —  Far-right, pro-Moscow candidate Călin Georgescu came from 5% in polls to win presidential election's first round
Brody Ford / Bloomberg:
Filing: Zoom offers $18M to settle an SEC probe from 2020 over the company's privacy policies and communications, as its popularity surged during the pandemic  —  Zoom Communications Inc. has offered $18 million to settle a four-year-old US Securities and Exchange Commission probe related to its privacy policies and communications.
Sarah Perez / TechCrunch:
Meta appears to be developing a Threads feature inspired by Bluesky's “starter packs”, with profiles “handpicked by people on Threads” for users to follow  —  Hoping to quell some of the momentum behind social network Bluesky, a competitor to X and Meta's Threads …
Alex Konrad / Forbes:
Young founders and coders applying for Elon Musk's DOGE cite a range of professional and civic motivations; sources: DOGE is seeking 100 full-time hires in DC  —  The incoming Trump administration's planned agency for cutting government excess is seeking 100 full-time hires in the nation's capital …
More: The HillBluesky: @pczki.bsky.socialX: @cagefreesingh and @alexrkonradLinkedIn: Alex Konrad

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Wall Street Journal:
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IDC:
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