Techmeme
December 23, 2024, 1:20 PM

Top News

Ryan Christoffel / 9to5Mac:
A viral YouTube video from MegaLag claims PayPal's Honey browser extension often doesn't show users the best coupon codes and steals creators' affiliate revenue  —  Honey is a popular browser extension owned by PayPal that's at the center of a big new controversy.
New York Times:
In a first, Telegram is set to be profitable in 2024, with $1B+ in revenue, up from ~$350M in 2023, and ending 2024 with $500M in cash, as it grapples with debt  —  Even as Telegram faces legal scrutiny and grapples with billions in debt, it is set to be profitable for the first time as it tries cryptocurrencies, subscriptions and ads.
Maxwell Zeff / TechCrunch:
Bloomberg:
Google says it plans to counter Japan's FTC over claims that it hobbles rivals in search; a source says Japan's FTC sent a cease-and-desist order to Google  —  - Google prepares case against antitrust watchdog's allegations  — Regulators around the world are ramping up Big Tech scrutiny
Manish Singh / TechCrunch:
X raises US Premium+ prices by 37.5% to $22 per month, starting on December 21, and EU prices from €16 to €21 per month; the basic subscription still costs $3  —  X is raising prices for its top-tier subscription service, Premium+, by 37.5% to $22 a month, marking …
Bloomberg:
VC insiders say many partners left big firms in 2024, either quitting or being pushed out, as bleak market conditions led to less funding and leaner operations  —  Mired in an industry downturn, investors that usually stick around for years are stepping back from jobs to start new firms — or getting pushed out.
New York Times:
The Biden administration opens a trade investigation into China's production of older chips, a move that may lead to tariffs and other measures to block imports  —  The older-style chips are crucial for a wide array of appliances and other machinery, including weaponry.
Andrew Liszewski / The Verge:
Amazon Kindle Paperwhite Signature Edition review: best e-reader screen, fast page turns, and color options, but mostly small upgrades and lacks stylus support  —  Performance upgrades and screen improvements make the new Paperwhite's minor updates feel more substantial.
More: Mashable
Kyle Wiggers / TechCrunch:
Donald Trump announces that Sriram Krishnan, until recently a general partner at a16z, will serve as senior policy advisor for AI at the White House OSTP  —  Incoming president Donald Trump has confirmed reports that Sriram Krishnan, until recently a general partner at Andreessen Horowitz …

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