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November 28, 2024, 12:01 AM
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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
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
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
Wall Street Journal:
Sources: Elon Musk's xAI plans to debut a consumer app as soon as December; the startup built its Colossus data center, which uses 100K Nvidia GPUs, in 122 days  —  The Tesla CEO is racing to make xAI, which launched after its competitors, the world's most advanced AI company
Financial Times:
Sources: Elon Musk has given investors who backed his $44B Twitter acquisition 25% of the shares in xAI, which is set to close a $5B round at a $50B valuation
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
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.
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.
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 …
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
Stephen Nellis / Reuters:
Filing: Intel's $7.86B US government subsidy requires the company to own at least 50.1% of Intel Foundry if the unit is split into a new privately held entity  —  Intel (INTC.O) said on Wednesday its deal for $7.86 billion in U.S. government subsidies restricts the company's ability …
Forums: r/hardware
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.

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This is a Techmeme archive page. It shows how the site appeared at 12:01 AM ET, November 28, 2024.

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From Mediagazer

Frank Connelly / Bloomberg:
Vivendi says one of its small investors seeks to delay Vivendi's spinoff of Canal+, Havas, and Louis Hachette Group; shareholders were due to vote December 9

Daniel Kaplan / Awful Announcing:
The US DOJ and 17 state attorneys general file briefs for Fubo and against Venu Sports, which is trying to get an injunction lifted that blocked Venu's launch

Associated Press:
A federal judge dismisses a defamation lawsuit against Fox News by Ray Epps, who said Fox aired conspiracy theories about his Jan. 6 Capitol riot involvement

More News

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
More: The Hill.  Bluesky: @pczki.bsky.social.  X: @cagefreesingh and @alexrkonrad.  LinkedIn: Alex Konrad
The Information:
Sriram Krishnan, a general partner at a16z, is leaving the firm; source: he has talked to Elon Musk about joining the Department of Government Efficiency
Les Pounder / Tom's Hardware:
Raspberry Pi Compute Module 5 review: the new $45+ module is a compact Pi 5 with more power than a CM4, but whose cooling fan doesn't work with a passive cooler
Alex Stedman / IGN:
Sony says it has sold 160M+ PlayStation 2 units globally since its 2000 launch, the highest-selling console of all time, followed by the Nintendo DS and Switch
Ashley Rindsberg / Pirate Wires:
A look at the UK's planned Digital Markets Unit, which will regulate US tech companies under the DMCC, passed in May 2024, and have the power to halt any M&A

Earlier Picks

Sarah Jacob / Bloomberg:
Amsterdam-based Just Eat plans to delist from the London Stock Exchange on December 27, due to its shares' low liquidity, shifting to just an Amsterdam listing
IDC:
IDC expects global smartphone shipments to grow 6.2% YoY to 1.24B units in 2024, due to Android shipments growing 7.6% YoY and iPhone shipments growing 0.4% YoY
Ivan Mehta / TechCrunch:
Roblox now offers 25% more Robux when users buy on the web or via gift cards than when they make an in-app purchase via Apple's App Store or Google's Play Store
Arjun Kharpal / CNBC:
Huawei's HarmonyOS NEXT in the Mate 70, 70 Pro, 70 Pro+, and X6 is its first fully self-developed mobile OS that reportedly doesn't use open-source Android code
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