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November 1, 2024, 7:50 AM
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Top News

Apple Inc.:
Apple reports Q4 revenue up 6% YoY to $94.9B, and net income down 36% YoY to $14.74B, after paying a $10.2B charge as part of an income tax decision in the EU  —  iPhone drives record September quarter revenue Services revenue reaches new all-time high  —  Apple® today announced financial results …
CNBC:
Apple Q4 revenue: iPhone up 6% YoY to $46.22B, Mac up 2% YoY to $7.74B, iPad up 8% YoY to $6.95B, and Wearables, Home, and Accessories down 3% YoY to $9.04B  —  Apple reported earnings after the bell.  Here are the results.
Shirin Ghaffary / Bloomberg:
OpenAI unveils ChatGPT Search to let paid users search for timely information using GPT-4o, after testing the feature in July 2024, a direct challenge to Google  —  The new option will let the chatbot's users search for timely information much as they would on the web.
Hayden Field / CNBC:
During a Reddit AMA, Sam Altman says GPT-5 likely won't come this year as OpenAI faces “limitations and hard decisions” in allocating compute resources
Gerrit De Vynck / Washington Post:
OpenAI says ChatGPT Search draws on articles from the WSJ and others it has deals with, and will direct election-related queries to sources like AP and Reuters
Mishaal Rahman / Android Authority:
Google plans to release Android 16 in Q2 2025 “to better align with the schedule of device launches”; major Android releases have been in Q3 or Q4 since 2013  —  Android 16 is launching in Q2 of 2025, which is months earlier than previously expected.  —  •  —  TL;DR
Jordan Novet / CNBC:
Intel reports Q3 revenue down 6% YoY to $13.28B, vs. $13.02B est., a net loss of $16.99B, and Q4 guidance above estimates; INTC jumps 6%+ after hours  —  Intel shares rose 7% in extended trading on Thursday after the chipmaker reported better-than-expected earnings and issued quarterly guidance that topped estimates.
Reuters:
Chinese researchers linked to the People's Liberation Army developed an AI model using Llama 2 for potential military use; Meta says such use is “unauthorized”  —  Top Chinese research institutions linked to the People's Liberation Army have used Meta's publicly available Llama model …
Callan Quinn / CoinDesk:
Crypto firm Immutable says it received a Wells notice from the SEC related to the sale of its IMX tokens in 2021, accuses the SEC of “regulation by enforcement”  —  The firm's IMX token is down over 13% at $1.16 following the announcement.  — Immutable said that it received …
Amazon.com, Inc.:
Amazon Q3: revenue up 11% YoY to $158.9B, a $15.3B net income vs. $9.9B in Q3 2023, a $17.4B operating income vs. $11.2B in Q3 2023; AMZN jumps 5%+ after hours  —  Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its third quarter ended September 30, 2024.
Tom Warren / The Verge:
Microsoft delays the rollout of its controversial Recall feature to December to “refine the experience”, after previously pushing it from June to October  —  Microsoft says it needs more time to make sure the AI feature is ‘a secure and trusted experience’
Krisztian Sandor / CoinDesk:
Tether reports Q3 net profits of $2.5B, driven by gains in its US Treasury and gold holdings and bringing YTD profit to $7.7B, as USDT market cap nears $120B  —  The company also owns a significant amount of gold and the big move higher in the yellow metal boosted profits.
Martyn Landi / The Independent:
UK police received 7,062 reports of online grooming in the last year; Snapchat was named in 48% of those cases where the means of communication was disclosed  —  The children's charity said more than 7,000 offences were recorded by police in the last year.  —  Your support helps us to tell the story
More: BBC.  Forums: Beehaw
Manish Singh / TechCrunch:
Indonesia bans sales of Pixel smartphones, saying Google must comply with rules requiring 40% local content in smartphones, days after banning iPhone 16  —  Indonesia has banned sales of Google Pixel smartphones for failing to meet domestic content requirements, days after blocking Apple's iPhone 16 …
Anthropic:
Anthropic says governments should urgently take action on AI policy in the next 18 months and suggests principles for AI regulation that support innovation  —  Increasingly powerful AI systems have the potential to accelerate scientific progress, unlock new medical treatments, and grow the economy.
Jordan Novet / CNBC:
Amazon reports Q3 AWS revenue up 19% YoY to $27.45B, vs. $27.52B est., and AWS operating income of $10.45B, vs. $9.15B est., up from $7B in Q3 2023  —  Amazon said revenue in its cloud unit increased 19% in the third quarter, just missing analyst estimates.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:50 AM ET, November 1, 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

Jonathan Stempel / Reuters:
A New York judge finds Sirius XM liable for a difficult subscription cancellation process; Sirius says it will appeal but abide by a new “click-to-cancel” rule

Brian Steinberg / Variety:
Sources: NBCUniversal Vice Chairman Bonnie Hammer plans to leave the company at the end of the year; she has been with the company since 2004

Anja Karadeglija / The Canadian Press:
Meta clashes with Canada's CRTC over the Online News Act by declining to publicly release information about its measures to block news content on its platforms

More News

Kyle Wiggers / TechCrunch:
Meta is working with Wonik and GelSight to develop and commercialize tactile sensors for AI, including the Allegro robotic hand and Digit 360 tactile fingertips
Tom Warren / The Verge:
Microsoft says Windows users will only be able to buy one year of Extended Security Updates for Windows 10 for $30, after support ends in October 2025
Andy Greenberg / Wired:
Sophos details a five-year battle with Chinese hackers exploiting its firewalls, and how its device “implants” traced the hacks to a university and a contractor

Earlier Picks

Ryan Christoffel / 9to5Mac:
Kuo: Apple plans to use its own Wi-Fi chips made by TSMC's N7 process and with Wi-Fi 7 in the iPhone 17 lineup, reducing its reliance on Broadcom
Andrew Liszewski / The Verge:
OnePlus unveils the OnePlus 13, its next flagship with a Snapdragon 8 Elite SoC, 12GB+ RAM, and a 6,000mAh battery, available in China on November 1 for ~$630+
Kyle Wiggers / TechCrunch:
Anthropic launches Claude apps for Mac and Windows in public beta, and releases a dictation tool for Claude on iOS, Android, and iPadOS
Emma Roth / The Verge:
Google adds Gemini in Google Maps in the US, with AI-summarized reviews and answers to conversational questions by users, and adds 150 cities to Immersive View
ProPublica:
An investigation finds eight deceptive operations on Meta's platforms that collectively controlled 340+ Pages and placed 160K+ ads to collect users' information
Andrew Webster / The Verge:
Nintendo launches Nintendo Music, an iOS and Android app that lets Switch Online subscribers stream or download gaming tunes from Nintendo titles
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