Techmeme
November 6, 2024, 1:55 PM

Top News

Financial Times:
Elon Musk's gamble on Donald Trump pays off, as Trump wins the race; Trump gave Musk a lengthy shout out in his victory speech, calling him “a super-genius”  —  “A star is born: Elon,” said Donald Trump in a lengthy shout out to his biggest donor while claiming victory in the US presidential race on Wednesday morning.
Annie Palmer / CNBC:
Jeff Bezos, Sam Altman, Sundar Pichai, Mark Zuckerberg, Satya Nadella, Michael Dell, and other tech leaders congratulate Trump on his election victory  —  Leaders of major technology companies congratulated President-elect Donald Trump and Vice President-elect JD Vance on their victory in the U.S. presidential election Wednesday.
Financial Times:
MacKenzie Sigalos / CNBC:
Republican blockchain entrepreneur Bernie Moreno defeats Senate Banking Chair Sherrod Brown in the Ohio Senate race; crypto PACs gave $40M+ to defeat Brown  —  Crypto fans are celebrating the results of the Ohio Senate race, where blockchain entrepreneur Bernie Moreno has defeated Senate …
David Yaffe-Bellany / New York Times:
Stand With Crypto: US voters elected 253 pro-crypto candidates to the House, compared to 115 anti-crypto candidates, and 16 pro-crypto Senate candidates  —  The spending spree fueled a string of victories on Tuesday for congressional candidates who had expressed support for cryptocurrencies.
The Block:
Bitcoin passes $74K, hitting an all-time high, and other coins also jump, as Trump wins the US presidential race; bitcoin is up nearly 70% year-to-date  —  - The largest cryptocurrency by market cap has gained nearly 70% year-to-date and reached a new all-time high today …
Marc Hochstein / CoinDesk:
Donald Trump winning the US election vindicates Polymarket, Kalshi, PredictIt, and other prediction betting markets, which heavily favored Trump for months  —  Tuesday night's election returns were a shocker if you only watched CNN.  But not if you'd looked at the betting all along.
Bloomberg:
Samuel Stolton / Bloomberg:
The European Commission opens an antitrust investigation into smartphone glass maker Corning for allegedly abusing its market dominance to squeeze out rivals  —  - EU fears deals with smartphone firms are anti-competitive  — Corning pressed to remedy EU concerns with concessions
Sean Hollister / The Verge:
PlayStation 5 Pro review: high fidelity and frame rate, and smaller, lighter, and quieter than the original PS5, but $699 is pricey and a disk drive costs extra  —  Sony's $700 PlayStation is here for people who don't want to muck around. … You don't need me to tell you the new PS5 Pro …
Rebecca Bellan / TechCrunch:
Lyft partners with autonomous vehicle startup May Mobility to launch cars in Atlanta in 2025, and self-driving car company Mobileye and smart dashcam firm Nexar  —  It seems Lyft is hoping to catch up to Uber's string of autonomous vehicle partnerships.  —  Lyft announced Wednesday three …
Ash Parrish / The Verge:
Nintendo says its unannounced Switch successor will be able to play current Switch games and have carryover for Switch Online services and accounts  —  Nintendo hasn't announced its Switch successor yet, but we do know one thing for sure: it will be able to play current Switch games …
Tom Warren / The Verge:
AMD Ryzen 7 9800X3D review: the $479 Zen 5-based CPU improves gaming performance, day-to-day tasks, and creative workloads, and should be the pick for PC gamers  —  AMD's 7800X3D successor is also better at non-gaming workloads this time around. … AMD has dominated PC gaming CPU performance for more than two years.
Bloomberg:
Sources: Saudi Arabia plans a new AI project to rival the UAE's tech hub, backed by $50B to $100B to invest in data centers, startups, new talent, and more  —  - Entity would build on kingdom's efforts to emerge as AI hub  — PIF, Google AI partnership may serve as model for project

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Zack Whittaker / TechCrunch:
Bill Toulas / BleepingComputer:
Kif Leswing / CNBC:
Samuel Stolton / Bloomberg: