Techmeme
November 24, 2024, 4:30 PM

Top News

Mark Gurman / Bloomberg:
Thoughts on Apple TV's history and future; sources: a larger-than-usual number of features scheduled for iOS 19 have been postponed to iOS 19.4 in spring 2026  —  Apple doesn't need its own TV set.  But it should make a low-cost TV streaming stick to bring its content, apps and smart home features to more households.
Bloomberg:
Sources: Cantor Fitzgerald plans a $2B program to lend dollars to clients who put up Bitcoin as collateral and is talking with Tether about support  —  - Lutnick set to be next commerce secretary under Trump  —  Howard Lutnick is moving to strengthen his alliance with one of the most important …
Wall Street Journal:
Sources: Cantor Fitzgerald agreed to invest as much as $600M in Tether for about a 5% stake in the past year; Cantor holds most of Tether's $134B in assets  —  Before becoming Trump's commerce secretary pick, Lutnick deepened Cantor's ties with a stablecoin firm under investigation
New York Times:
Sources: the US government launched an investigation into the Salt Typhoon hack after Microsoft alerted it and telecom companies about anomalies  —  Leaders of the big telecommunications companies were summoned to the White House to discuss strategies for overhauling the security …
David Pan / Bloomberg:
A profile of Chris Maurice, CEO of US-based stablecoin startup Yellow Card, which operates in 20 African countries and has traded $3B+ worth of crypto in 2024  —  Cryptocurrencies that track the dollar are becoming a popular workaround for companies stymied by currency shortages on the continent.
Steven Overly / Politico:
Q&A with US Commerce Secretary Gina Raimondo on what happens to the CHIPS program under the Trump administration, the future of AI safety, and more  —  With a massive legacy program hanging in the balance, the Commerce secretary wants to get billions in microchip money out the door in the next two months.
Hugh Son / CNBC:
Customers of banking startups like Yotta describe losing savings ranging from $7,000 to $200,000+ due to Synapse's collapse, after US regulators refused to help  —  For 15 years, former Texas schoolteacher Kayla Morris put every dollar she could save into a home for her growing family.
Sam McKeith / Reuters:
Australia drops plans to fine internet platforms up to 5% of their global revenue for failing to prevent the spread of misinformation online  —  Australia's government said on Sunday it had dropped plans to fine internet platforms up to 5% of their global revenue for failing to prevent the spread of misinformation online.
Benedict Evans:
An overview of macro tech trends for 2025, focusing on generative AI, LLMs, scaling challenges with training ever bigger AI models, the capex surge, and more  —  Presentations Every year, I produce a big presentation exploring macro and strategic trends in the tech industry.  For 2025, ‘AI eats the world’.
Financial Times:
Similarweb: Bluesky app usage in the US and UK grew ~300% to 3.5M DAUs after Nov. 5; Threads now has 1.5x Bluesky's DAUs in the US, down from 5x before Nov. 5  —  Social media giant's Threads app makes changes as smaller competitor to X surges  —  Meta's Threads is losing ground …
Christine Lemmer-Webber / Dustycloud Brainstorms:
Natasha Lomas / TechCrunch:
Profiles of Teresa Ribera, Henna Virkkunen, and Ekaterina Zaharieva, the three incoming EU commissioners in charge of key tech policy areas into 2029  —  The European Union looks to have clinched political agreement on the team of 26 commissioners who will be implementing President Ursula …

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Earlier Picks

Isabelle Bousquette / Wall Street Journal: