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November 13, 2024, 3:50 PM
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Bloomberg:
Sources: OpenAI, Google, and Anthropic are seeing diminishing returns from costly efforts to build new AI models; a new Gemini model is missing internal targets  —  Three of the leading artificial intelligence companies are seeing diminishing returns from their costly efforts to develop newer models.
Theodore Schleifer / New York Times:
Sources detail Elon Musk's role in Trump's transition: Mar-a-Lago meetings, calls with world leaders, voicing support for Brendan Carr at the FCC, and more  —  He's on the patio.  He's on the golf course.  Everywhere Donald Trump looks, there is the world's richest man.
Eric Beech / Reuters:
Donald Trump says Elon Musk and Vivek Ramaswamy will lead the Department of Government Efficiency, or DOGE, to provide “guidance from outside of Government”
More: Donald J. Trump on Truth Social, Wired, Gizmodo, New York Post, The Hill, Barron's Online, The Block, Observer, Megyn Kelly, Inside Bitcoins, NewsNation, The Guardian, Futurism, Redmond Pie, Mashable, Washington Post, CBS News, CNBC, Business Insider, Know Your Meme, Forbes, Le Monde, Cybernews.com, The Indian Express, Nairametrics, Quartz, The Independent, Cointelegraph, Blockchain News …, The Floridian, Alternet.org, Sandra Rose, Blockhead, Cryptopolitan, CryptoSlate, Axios, Coinspeaker, Silicon Republic, crypto.news, CCN.com, Washington Post, Variety, The Verge, Deadline, Mediaite, Fox News, Axios, Financial Times, and Associated Press
Threads: @ronaldfilipkowski, @karaswisher, @mac_ryan_, @davmicrot, @ronaldfilipkowski, @renee.diresta, @mac_ryan_, and @mac_ryan_
Bluesky: @mmasnick.bsky.social, @nytceciliakang.bsky.social, @donmoyn.bsky.social, @brianfung.me, and @parismarx.bsky.social
X: @elonmusk, @realdonaldtrump, @elonmusk, @levie, @vivekgramaswamy, @lizchar, @omarsalolama, @trillburne, @dogetoshi, @adamscochran, @pitdesi, @aleresnik, @shaunmmaguire, @josephpolitano, @josephpolitano, @samadlerbell, @chrislhayes, @luke_metro, @nikitabier, @peterhamby, @tszzl, @sriramk, @scottnover, @samstein, @vijayvinyl, @jstein_wapo, @jason, @sonalibasak, @donie, @panasonicdx4500, @lib_crusher, @im_sorry_wtf, @maxtmcc, @jakesherman, @who_shot_jgr, @burgessev, @themaxburns, @teddyschleifer, @benjysarlin, @vivekgramaswamy, @arthurdelaneyhp, @zebulgar, @teddyschleifer, and @jakesherman
Forums: r/law, r/elonmusk, and r/politics
See also Mediagazer
Ramish Zafar / Wccftech:
AMD says it will lay off ~4% of its global staff to align “resources with our largest growth opportunities”; SEC filing: AMD had 26,000 employees at 2023's end  —  According to a spokesperson, chip designer Advanced Micro Devices, Inc., is laying off a portion of its global workforce.
Jody Godoy / Reuters:
A US judge rules that Meta must face trial in a US FTC lawsuit seeking its breakup over claims that it acquired Instagram and WhatsApp to crush its competitors  —  Facebook owner Meta Platforms (META.O) must face trial in a U.S. Federal Trade Commission lawsuit seeking its break up over claims …
Dina Bass / Bloomberg:
An interview with Microsoft Gaming CEO Phil Spencer, who won't rule out more Xbox games on other consoles, says an Xbox handheld is “a few years out”, and more  —  Phil Spencer is planning how to enter and partner in the handheld device and mobile-store markets
Annie Palmer / CNBC:
Amazon debuts Amazon Haul, a storefront in its app offering “crazy low prices” on a range of items, with free shipping on $25+ orders, to take on Temu and Shein  —  Amazon has rolled out a new storefront featuring apparel, home goods, electronics and other items priced below $20 …
Callie Holtermann / New York Times:
Bluesky says it gained 1M+ users in the week since the US election, mostly in the US, the UK, and Canada, and crossed 15M users; Bluesky had 6M users in August  —  With one million new accounts added since the U.S. elections, Bluesky has solidified itself as an option for people looking to change their social media service.
Charles Daly / Bloomberg:
Klarna files for a US IPO; analysts put Klarna's implied valuation at ~$14.6B in October 2024 after shareholder Chrysalis upped the value of its stake to ~$154M  —  Swedish payments firm Klarna Group Plc has filed for an initial public offering in the US, ending months of speculation …
Michael Nuñez / VentureBeat:
Google DeepMind releases AlphaFold 3's source code and model weights for academic use, which could accelerate scientific discovery and drug development  —  Google DeepMind has unexpectedly released the source code and model weights of AlphaFold 3 for academic use, marking a significant advance …
Bloomberg:
How gambling apps are indebting Brazilians, after legalization; Nubank reassured investors in September 2024 that it had limited exposure to troubled bettors  —  The boom shocked policy makers who are now scrambling to control it  —  At the headquarters of the United Nations …
Jamie Crawley / CoinDesk:
Toronto-based Zero Gravity Labs, which is building a decentralized AI operating system, raised a $40M seed and secured a $250M “token purchase commitment”  —  The seed round included contributions from Hack VC, Delphi Digital, OKX Ventures, Polygon and Animoca Brands
Emma Roth / The Verge:
YouTube is testing a feature that will let a small group of creators use AI to “restyle” licensed songs for their Shorts using text prompts to change elements  —  YouTube is testing a new feature that will let creators use AI to “restyle” licensed songs for their shorts.
Simon Willison / Simon Willison's Weblog:
A look at Qwen2.5-Coder-32B-Instruct, which Alibaba claims matches GPT-4o's coding capabilities and is small enough to run on a MacBook Pro M2 with 64GB of RAM  —  There's a whole lot of buzz around the new Qwen2.5-Coder Series of open source (Apache 2.0 licensed) LLM releases from Alibaba's Qwen research team.
Annie Palmer / CNBC:
Docs and sources: Amazon has discontinued a secretive effort to develop an at-home fertility tracker, which was part of its moonshot incubator Grand Challenge  —  Amazon has discontinued a secretive effort to develop an at-home fertility tracker, according to internal documents and people familiar with the matter.
More: TechCrunch.  Forums: r/technology
Charlie Sorrel / iFixit News:
Mac mini (2024) teardown: the SSD is proprietary but replaceable, the front ports are modular, and the M4 Pro model has a beefier cooling rig than the M4 model  —  It shouldn't be a big story that a desktop computer has upgradeable internal storage, but with Apple's cute new 2024 Mac mini, that's exactly where we are.
Ivan Mehta / TechCrunch:
Just Eat Takeaway says it is selling Grubhub to Wonder in a $650M deal expected to close in Q1 2025; Just Eat bought Grubhub for $7.3B in 2020  —  Netherlands-based food delivery company Just Eat Takeaway.com said on Wednesday that it is selling its U.S. business Grubhub to New York-based Wonder Group …

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This is a Techmeme archive page. It shows how the site appeared at 3:50 PM ET, November 13, 2024.

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From Mediagazer

Alex Sherman / CNBC:
Analyzing Comcast's spinoff of cable networks, purposefully structured with low debt: the move might be a signal to the industry that it's time to consolidate

Lauren Forristal / TechCrunch:
Tubi launches Scenes, a mobile feature that lets viewers watch 60-to-90-second trailer-style clips from its library to help with content discovery

Daniel Thomas / Financial Times:
James Harding says the Tortoise-Observer deal could create a profitable media group and there isn't a guaranteed future for the Observer with the Guardian

More News

Earlier Picks

TechCrunch:
Rivian and VW finalize a software development joint venture; VW has invested $1B of its planned up to $5.8B by 2027 in the JV designed to be a 50-50 partnership
Dean Takahashi / VentureBeat:
Modern Times Group agrees to acquire Tel Aviv-based mobile game maker Plarium for $620M and up to $200M more if Plarium hits financial targets over 2025 to 2028
NBC News:
The US sentences Air National guardsman Jack Teixeira to 15 years for stealing classified Pentagon information and sharing it on Discord in 2022 and 2023
Todd Spangler / Variety:
Amazon is shutting down Freevee, its free, ad-supported streaming service launched in 2019 under the IMDb brand, and plans to move the content to Prime Video
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