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November 7, 2024, 2:30 AM
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WeSmirchTop News
| Annie Palmer / CNBC: |
Sam Altman, Jeff Bezos, Tim Cook, Michael Dell, Satya Nadella, Sundar Pichai, Mark Zuckerberg, 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 …
More: The Verge, Business Today, Wccftech, GeekWire, Variety, CNBC, The Guardian, Daily Mail, Axios, Honolulu Star-Advertiser, SFGATE, Hindustan Times, San Francisco Business Times, iPhone in Canada Blog, AppleInsider, 9to5Mac, Above Avalon, Philip Elmer‑DeWitt, Wall Street Journal, Business Insider, Bloomberg, Mediaite, Daily Mail, HELLO!, New York Times, TMZ.com, CNN, Deadline, Quartz, Gulf Business, Daily Mail, and Business Today
Threads: @zuck, @documentingmeta, @reidhoffman, @bostonjoan, @quillmatiq, @kylie.robison, @mac_ryan_, @anildash, @mattnavarra, @theromit, and @taylorlorenz
Bluesky: @shultzman.com, @o.simardcasanova.net, and @davidrvetter.bsky.social
X: @tim_cook, @jeffbezos, @sama, @sundarpichai, @ajassy, @satyanadella, @reidhoffman, @mikeisaac, @mattdpearce, @jbendery, @mikeisaac, @theviewfromll2, @drericding, @jstein_wapo, @michaeldell, @aaronp613, @teddyschleifer, @markmobility, @davill, @bgrueskin, @gdb, @seangarrette, @elonmusk, @canteverdie, and @dougleone
Forums: r/democrats and r/BlueOrigin
| Kevin Roose / New York Times: |
What a Trump victory means for tech: antitrust woes die down, except for Google, TikTok survives, AI progress accelerates, social media shifts right, and more — Another Trump presidency will be good for crypto and Elon Musk, but every big tech company may not benefit from a more hands-off approach to antitrust.
More: Ars Technica, TechCrunch, Benzinga, Newcomer, Financial Times, Fortune, New York Post, Blood in the Machine, Business Insider, Breitbart, Tech Xplore, and Business Insider
Threads: @taylorlorenz, @daveleebbg, @karaswisher, @bobbyallyn, @benedictevans, and @nxthompson
X: @tyler, @jason, @obrien, @danprimack, @briancalbrecht, @bcmerchant, @briancalbrecht, @bcmerchant, @obrien, @obrien, and @briancalbrecht. Forums: Ars OpenForum
| Bloomberg: |
The US SEC's crypto-related enforcement is slated for a major rollback under President Trump, who has pledged to fire Gary Gensler on the first day in office — - Trump has pledged to fire Gensler on the first day in office — Next SEC chair is expected to push forward new regulations| 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.
More: Wired, New York Times, Politico, CBS News, TechCrunch, Los Angeles Times, Washington Post, Hollywood Life, Australian Financial Review, Fortune, Breitbart, Forbes, Newsweek, New York Times, Business Insider, The Verge, and Gizmodo
Threads: @karaswisher and @moskov
X: @mcuban, @basedbeffjezos, @elonmusk, @elonmusk, @danprimack, @eric_seufert, @galois_capital, @leahfeiger, @elonmusk, @isaiah_p_taylor, @nic__carter, @naval, @naval, @melissatweets, @vivekgramaswamy, @america, @levie, @davidsacks, @wholemarsblog, @chafkin, @pmarca, @sayssimonson, @elonmusk, @donaldjtrumpjr, @elonmusk, @billackman, @andrewyang, @davidsacks, @cristianoamon, @levie, @balajis, @billym2k, @elonmusk, @america, @conorsen, @nikitabier, @newyorker, @cremieuxrecueil, @jamesrbuk, @america, @davidsacks, @catehall, @iamdcinvestor, @max_fisher, @taylorlorenz, @alifarhat79, @0xfoobar, @chrismanfrank, @ehjovan, @allstooweli, @nxthompson, @elonmusk, @shaunmmaguire, and @elonmusk. Forums: r/singularity
| Ismail Shakil / Reuters: |
Canada orders TikTok's business in the country to be dissolved, citing national security risks, and says it's not blocking Canadians' access to the app — Canada on Wednesday ordered Chinese-owned TikTok's business in the country to be dissolved, citing national-security risks …
More: CBC News, Government of Canada, The Information, Engadget, Associated Press, Michael Geist, TikTok, Reuters, The Hacker News, The Desk, SiliconANGLE, iPhone in Canada Blog, Global News, Türkiye Today, CP24, Globe and Mail, vancouversun, Yen.com.gh, Social Media Today, CP24, Ottawa Citizen, Digital Music News, Profectio, BNN Bloomberg, and Deadline
X: @mgeist, @dmacpher, @privacylawyer, @dmacpher, @scott_dlb, @geoffreygertz, @swbenzie, and @prairiecentrist. LinkedIn: Sarah Thompson
Forums: Hacker News, r/technology, and r/China
| Ian King / Bloomberg: |
Qualcomm and Arm's earnings results show the smartphone industry making an uneven comeback, with both companies seeing a stronger demand for high-end models — - Both companies are seeing stronger demand for high-end models — Qualcomm results outshine Arm's in dueling reports Wednesday
More: Reuters and SiliconANGLE
| Ian King / Bloomberg: |
More: Arm Newsroom, Arm, The Times, The Information, CNBC, and Yahoo Finance
X: @handleym99, @anshelsag, @benbajarin, @anshelsag, and @thetranscript_
| Zaheer Kachwala / Reuters: |
Take-Two reports Q2 net bookings up 2% YoY to $1.47B, vs. $1.43B est., net revenue up 4% to $1.35B, and sells its Private Division label to an unnamed buyer — Take-Two Interactive Software (TTWO.O) beat Wall Street expectations for second-quarter bookings and profit on Wednesday …
More: GamesIndustry.biz, Bloomberg, Take-Two Interactive, Variety, TechPowerUp, Video Games Chronicle, VentureBeat, Wccftech, Neowin, Eurogamer.net, Yahoo Finance, Neowin, GamesRadar, The Verge, Push Square, PC Gamer, GamesRadar, GameSpot, GamesIndustry.biz, and VentureBeat
X: @wario64, @jasonschreier, @deantak, @jasonschreier, @gtanet, and @videotechuk_. LinkedIn: Rafael Brown
| Kyle Wiggers / TechCrunch: |
OpenAI acquired chat.com, which now redirects to ChatGPT; HubSpot co-founder Dharmesh Shah reportedly bought the domain, registered in 1996, for $15.5M in 2023 — OpenAI bought Chat.com, adding to its collection of high-profile domain names. — As of this morning, Chat.com now redirects to OpenAI's AI-powered chatbot, ChatGPT.
More: Domain Name Wire, Hindustan Times, Neowin, Engadget, Analytics India Magazine, and The Verge
X: @sama, @nearcyan, @rowancheung, @netcapgirl, @0xgaut, @yacinemtb, @kyliebytes, and @avischiffmann
Forums: Hacker News and Slashdot
| Maani Truu / ABC: |
Australia plans to introduce legislation that would ban children under 16 from using social media, not exempting those already with accounts or parental consent — In short: — Social media users under the age of 16 are set to be barred from using social media, under legislation expected to be introduced to parliament this month.
More: Reuters, Sydney Morning Herald, Information Age, The Guardian, Agence France-Presse, BBC, NDTV, Bloomberg, skynews, Australian Associated Press, Associated Press, TechCrunch, The Nightly, Mediaweek, skynews, SBS News, and 9News
X: @mike_salter, @theboywizard_, @gomichild, @patricklenton, @mikecarlton01, @ianamossyd, @joneshowdareyou, @albomp, @mxalexwallace, @esilacsynohtna, @thebigjohnnyd, @hierobadge, @brenthodgson, @leo_puglisi6, and @jordana_s_
Forums: r/technology and Slashdot
| 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.
More: Wired, Time, The Crypto Times, CryptoPotato, Bitcoin Insider, CoinGape, Decrypt, CNBC, Gizmodo, CoinDesk, CoinDesk, The Daily Hodl, Blockworks, The Japan News, and The Block
X: @brian_armstrong, @senlummis, @peterlbrandt, @coinbase, @paulg, @twobitidiot, @danheld, @rachaelrad, @antoniogm, @erictrump, @arrington, @ryanwatkins_, @iamdcinvestor, @pt, @cameron, @iamdcinvestor, @nic__carter, @ntmoney, @jessewldn, @pumpdotfun, @cburniske, @ledger, @emiliemc, @jbsdc, @pacificdiplomat, @iampaulgrewal, @laurashin, @nataliepropy, @logandobson, @evan_ss6, @travisbloom, @nic__carter, @bitstein, @brian_armstrong, @twobitidiot, @prestonjbyrne, @excellion, @ryansadams, @aridavidpaul, @ryansadams, @milesjennings, @standwithcrypto, @pythianism, @cz_binance, @samlyman33, @adamscochran, @katiebiber, @cz_binance, @zguz, @katiebiber, @yugacohler, @saylor, @erikvoorhees, @prestonjbyrne, @nic__carter, @eleanorterrett, @adamscochran, @tyler, @edkrassen, @dogetoshi, and @cburniske. Forums: r/CryptoCurrency
| Krisztian Sandor / CoinDesk: |
JPMorgan rebrands its Onyx blockchain unit as Kinexys and plans to add on-chain foreign exchange capabilities as early as Q1 2025, starting with USD and EUR — The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities …
More: J.P. Morgan, Bloomberg, The Information, Decrypt, CryptoSlate, and CoinGape
| Jay Peters / The Verge: |
Roblox plans to stop kids under 13 from accessing experiences with “certain types of interactive features”, including “social hangouts”, starting November 18 — Roblox is going to block kids from accessing certain types of experiences following reports alleging that the platform has enabled child abuse.
More: Roblox Developer Forum, Engadget, and Bloomberg
| Priyanka.G / Reuters: |
Bumble reports Q3 revenue down 0.7% YoY to $273.6M, vs. $271.9M est., its first quarterly sales drop since going public in 2021, and 4.3M total paying users — Bumble (BMBL.O) posted on Wednesday its first decline in quarterly sales since going public in 2021 and said that it would take longer …
More: Bumble Inc.
| Mackenzie Hawkins / Bloomberg: |
Sources: TSMC and GlobalFoundries have finished negotiating agreements for billions of dollars in grants and loans under the CHIPS Act to support US factories — - US officials look to announce agreements in coming weeks — Biden team is racing to get Chips Act money out the door
More: TrendForce News, Reuters, and Phoenix Business Journal
| Akash Sriram / Reuters: |
Lyft reports Q3 revenue up 32% YoY to $1.52B, vs. $1.44B est, gross bookings up 16% to $4.1B, forecasts Q4 gross bookings above est.; LYFT jumps 20% after hours — Lyft (LYFT.O) forecast current-quarter gross bookings above estimates after beating September-quarter sales on Wednesday …
More: Lyft, SiliconANGLE, MarketWatch, Investor's Business Daily, SiliconANGLE, CNBC, and Bloomberg
| Rebecca Bellan / TechCrunch: |
More: Lyft, Fleet News Daily, Robotics & Automation News, Bloomberg, and The Verge
| Michelle Conlin / Reuters: |
Polymarket and Kalshi expect to pay out ~$450M total to US election bettors; Kalshi says 28K bet on Harris, 40K on Trump; one Polymarket user bet $40M on Trump — Thousands who gambled on the U.S. election are looking forward to a potential payout of about $450 million from online gambling sites …
More: Wall Street Journal, ZeroHedge News, TechCrunch, Wired, and CoinGape
| Marc Hochstein / CoinDesk: |
More: DNyuz, DL News, Decrypt, Cryptopolitan, New York Times, Axios, DL News, and Decrypt
X: @shayne_coplan, @polymarket, @lessin, @mansourtarek_, @tyler, @kalshi, @mansourtarek_, @autismcapital, @polymarket, @rleshner, @thestalwart, @lopp, @chainlinkgod, @gregusjakub, @0xlstern, @0xmikado, @ecommerceshares, @tenreirodaniel, @tier10k, @theninaparker, @mattyglesias, @0xmert_, @nic__carter, @0xgaut, @d_gilz, @shayne_coplan, @nicolebehnam, @ntmoney, @dystopiabreaker, @0xcygaar, @typesfast, @thestalwart, @jillrgunter, @polymarket, and @thestalwart
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