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November 29, 2024, 1:05 AM
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Top News

Bloomberg:
Experts worry about the unintended consequences of Australia's controversial but popular social media ban on under-16s; Meta, TikTok, and X expressed concerns  —  - Children under 16 barred from popular social media sites  — Politicians under pressure to stem online bullying, grooming
Ben Westcott / Bloomberg:
Australia's Senate passes a social media ban for children under 16, brushing aside lawmaker concerns on both sides; tech companies could be fined up to AU$50M  —  - Australia's social media laws to be among strictest in world  — Children under age of 16 will be banned from opening accounts
Victoria Kim / New York Times:
Details of Australia's social media ban for kids remain unclear, such as how to enforce it and what platforms it covers; kids and parents won't face punishment  —  The law sets a minimum age for users of platforms like TikTok, Instagram and X. How the restriction will be enforced online remains an open question.
Ismail Shakil / Reuters:
Canada's Competition Bureau sues Google over alleged anti-competitive conduct in online advertising, seeking Google to sell two of its ad tech tools and more  —  Canada's Competition Bureau is suing Alphabet's (GOOGL.O) Google over alleged anti-competitive conduct in online advertising, the antitrust watchdog said on Thursday.
Reuters:
Delivery Hero's Talabat, one of the largest food delivery services in the UAE, sets its Dubai IPO price at the top end of its range and plans to raise ~$2B  —  Talabat, one of the largest food ordering businesses in the Middle East, is set to raise about $2 billion from the largest initial public offering …
Manish Singh / TechCrunch:
Filing: Zomato has raised $1B by issuing approximately 336.5M shares at about $3 each, its first major fundraise since its 2021 IPO  —  Zomato has raised $1 billion through a so-called qualified institutional placement, completing its first major fundraise since its 2021 IPO.
More: Inc42 Media
Bill Toulas / BleepingComputer:
ESET researchers find the first UEFI bootkit designed specifically to target Linux systems, marking a shift in bootkits that previously focused on Windows  —  The first UEFI bootkit specifically targeting Linux systems has been discovered, marking a shift in stealthy and hard-to-remove bootkit threats …
Ella Creamer / The Guardian:
Writers and publishers criticize Spines, which raised a $16M seed round and charges authors $1,200 to $5,000 to use AI to edit and distribute their books  —  Publisher Spines will charge authors between $1,200 and $5,000 to have their books proofread, designed and distributed with the help of artificial intelligence
Bloomberg:
An ex-staffer sues Binance for dismissing her for allegedly raising concerns about a co-worker taking a bribe; Binance says she was fired for poor performance  —  - Binance staffer accused of bribing to speed up client process  — Binance says employee was dismissed for poor performance
Kyle Wiggers / TechCrunch:
Alibaba releases 32.5B-parameter QwQ-32B-Preview under Apache 2.0 and claims the “reasoning” AI model beats OpenAI's o1-preview on the AIME and MATH tests  —  A new so-called “reasoning” AI model, QwQ-32B-Preview, has arrived on the scene.  It's one of the few to rival OpenAI's o1 …
Ingrid Lunden / TechCrunch:
Ofcom: UK adults now spend 4 hours and 20 minutes on average daily online, a jump from 3 hours and 41 minutes in 2023, which was only an 8-minute bump over 2022  —  Adults are spending an average of 4 hours and 20 minutes each day online across smartphones, tablets and computers in the U.K. …
Dan Milmo / The Guardian:
Ofcom: 22.9M UK adults visited Reddit in May 2024, up 47% YoY, making it the fifth biggest social media platform in the UK, above X's 22.1M and LinkedIn's 18.3M

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:05 AM ET, November 29, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

CNBC:
Newsmax shares jumped 179% on Tuesday and have risen 1,500%+ since their Monday debut, bringing the company's market cap to ~$20.8B, above WBD's and Fox Corp's

Stephen Battaglio / Los Angeles Times:
Steve Kornacki signs a deal with NBC News and NBC Sports and departs from MSNBC, which Comcast is spinning off into a new corporate entity

American Journalism Project:
John Thornton, founder of The Texas Tribune, co-founder of the American Journalism Project, and venture capitalist, has died at age 59

More News

Mathieu Pollet / Politico:
In a risk assessment submitted to the EU in September 2023, X defended its new approach to content policing and “mission to promote open conversation”
Niall Firth / MIT Technology Review:
How Altera deployed up to 1,000 AI agents that used LLMs to interact in Minecraft, finding that they formed a remarkable range of personality traits and roles
Wall Street Journal:
How Huawei and other Chinese tech companies are bombarding workers in Taiwan, Europe, and Silicon Valley with job offers in areas like advanced chips and AI

Earlier Picks

Ana Altchek / Business Insider:
On Joe Rogan's podcast, Marc Andreessen criticizes the “raw administrative power” of US agencies like the CFPB, SEC, and FTC, talks Elon Musk and DOGE, and more
Kelcee Griffis / Bloomberg:
T-Mobile's CSO says “suspicious behavior, discovery-type commands” on the company's network routers tipped it off to the potentially Salt Typhoon-linked breach
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