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November 21, 2024, 11:15 AM
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Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership  —  President, Global Affairs & Chief Legal Officer, Google & Alphabet  —  As part of its lawsuit over how we distribute Search …
Michael Liedtke / Associated Press:
Filing: the US DOJ asks a judge to force Google to sell Chrome, restrict Android from favoring Google Search, and ban default search deals on iOS and other Oses  —  U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through …
M.G. Siegler / Spyglass:
Forcing Google to sell Chrome sounds good on paper but the reality of it happening is fairly small as it will be extremely messy, if not impossible to execute  —  The idea that Google would be broken up as a result of their loss in the antitrust trial against their Search monopoly was never going to happen.
Paresh Dave / Wired:
Four former Google executives say innovation by rivals is key to breaking Google Search's dominance, and ChatGPT-like tools will one day supplant Google Search  —  Despite shared concerns about Google's power, critics of the company and former executives express little agreement on what …
Brian Fung / CNN:
As part of its proposed remedies, the US DOJ says Google should be required to syndicate its US search results to other rival search engines for the next decade
Bloomberg:
The DOJ's proposal would require Google to divest from AI partnerships, like with Anthropic, and ban Google from offering exclusive deals to content providers
Paige Smith / Bloomberg:
The CFPB will supervise tech companies with digital wallets, like Apple Pay, Google Pay, and Venmo, with 50M+ annual transactions, treating them more like banks  —  The US Consumer Financial Protection Bureau will now treat those companies more like banks as long as they handle …
Daniel Howley / Yahoo Finance:
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% YoY to $30.8B, vs. $29B est., and forecasts Q4 revenue above est.  —  Nvidia (NVDA) reported its Q3 earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines …
Steven Levy / Wired:
How Satya Nadella put Microsoft back on top, including by cleaning up its toxic culture, embracing open source, and crafting the OpenAI deal, as it nears 50  —  When Satya Nadella took over as CEO, the company was lumbering and uncool.  He cleaned up a toxic culture, crafted the deal of the decade, and put Microsoft back on top.
Michelle Conlin / Reuters:
Nick Pickles, who left X as VP of Global Affairs in September, joins Sam Altman's Tools for Humanity, which is building World Network, as chief policy officer  —  Nick Pickles, the former head of global affairs at Elon Musk's social media platform X, is joining forces with one of Musk's rivals, his fellow OpenAI co-founder Sam Altman.
Matt Swayne / The Quantum Insider:
Google Quantum AI and DeepMind researchers debut ML decoder AlphaQubit, which surpasses existing methods in identifying and correcting quantum computing errors  —  - Google researchers introduced AlphaQubit, an AI-powered decoder that improves quantum error correction, reducing errors …
George Hammond / Financial Times:
A profile of Thrive Capital, whose biggest portfolio companies include OpenAI and Stripe, as rivals dismiss the VC firm's approach as closer to asset management  —  As OpenAI raced to raise almost $7bn last month, one investor was always on hand.  Thrive Capital stayed close …
Ronan Farrow / New Yorker:
The Trump administration's promises of mass deportations may lead to increased use of spyware like Graphite; ICE has a $2M contract with Graphite maker Paragon  —  Other Western democracies have been roiled by the use of spyware to target political opponents, activists, journalists, and other vulnerable groups.

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From Mediagazer

New York Times:
Court docs detail a smear campaign against actor Blake Lively via media articles and social media posts after she accused director Justin Baldoni of misconduct

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Jack Dunn / Variety:
Trump appoints Mark Burnett, the British TV executive who created and produced the reality show The Apprentice, as a special envoy to the UK

More News

Swetha Gopinath / Bloomberg:
London-based Lighthouse, which offers tools to help hotels analyze market demand and rates, raised a ~$370M Series C led by KKR, sources say at a $1B+ valuation
Kyle Wiggers / TechCrunch:
OpenAI releases a free online course for K-12 teachers to integrate ChatGPT into their classrooms, but some educators remain skeptical about the technology
Rod McGuirk / Associated Press:
Australia introduces a bill in Parliament to ban children younger than 16 from social media; companies would face fines of up to AU$50M for systemic violations

Earlier Picks

Sara Fischer / Axios:
Adtech company The Trade Desk announces Ventura, a smart TV operating system, and plans to partner with TV manufacturers for its rollout, expected in H2 2025
Claudia Assis / MarketWatch:
Palo Alto Networks reports Q1 revenue up 14% YoY to $2.14B, vs. $2.12B est., and projects FY 2025 sales in line with estimates; PANW drops ~5% after hours
Larry Dignan / Constellation Research:
Snowflake reports Q3 revenue up 28% YoY to $942.09M, vs. $898.46M est., and partners with Anthropic to bring Claude 3.5 models to Cortex AI; SNOW jumps 20%+
Hayden Field / CNBC:
Menlo Ventures: business spending on generative AI hit $13.8B in 2024, up from $2.3B in 2023; OpenAI's marketshare in enterprise AI declined from 50% to 34%
Sarah Perez / TechCrunch:
Threads begins rolling out the ability to create custom feeds globally, giving users options beyond “For You” and “Following” feeds
Zac Hall / 9to5Mac:
Meta unveils new Messenger features, including audio and video voicemail, AI backgrounds for video calls, and hands-free calling and messaging via Siri
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