| The Walt Disney Company: |
Disney plans to acquire NBCU's 33% stake in Hulu, gaining full ownership, and expects to pay ~$8.61B, representing NBCU's share of a $27.5B guaranteed floor — The Walt Disney Company (NYSE: DIS) announced today that it will acquire the 33% stake in Hulu, LLC held by Comcast Corp.'s (NASDAQ … | Joe Duball / IAPP: |
The EDPB instructs the Irish DPC to ban Meta's use of personal data for behavioral ads on the legal base of contract and legitimate interest in the EU and EEA — An unprecedented shakeup in the advertising technology space has arrived in Europe. Changes are coming to adtech's approach … | CoinDesk: |
The US SEC charges SafeMoon and its executives for selling unregistered crypto securities and misappropriating investors' funds the team promised were “locked” — Crypto company SafeMoon's CEO and chief technology officer were arrested, accused of withdrawing more than $200M … | Bloomberg: |
A look at Apple's ambition to revolutionize health care: some breakthroughs marred by philosophical disagreements, a culture of conservatism, and tech realities — The company is working on big things, but employees disagree over whether they should be serving people who are healthy or sick.| Mark Gurman / Bloomberg: |
Sources: Apple plans new health features for 2024's Apple Watch, like an elevated blood pressure sensor, and a paid health coaching service, possibly using AI — - AirPods will get hearing-aid capability and hearing tests — AI health coach in the works, as are Vision Pro health tools| Ingrid Lunden / TechCrunch: |
At the UK's AI Safety Summit, the UK releases the Bletchley Declaration, signed by 28 countries and the EU, and the US announces an AI Safety Institute — The world is locked in a race, and competition, over dominance in AI, but today, a few of them appeared to come together … | Filipe Espósito / 9to5Mac: |
Apple quietly discontinued Apple Music's $4.99/month Voice Plan, which was introduced in 2021 and let users access the Apple Music catalog exclusively via Siri — Apple this week held a special event to announce new Macs, but what the company didn't tell is that it has just quietly discontinued the … | Jennifer Pattison Tuohy / The Verge: |
DoorDash tests a prompt warning customers that orders with no tip ahead of time may take longer to get delivered, since drivers choose which orders to accept — DoorDash has added a pop-up in its app this week warning customers that orders with no tip might take longer to get delivered.| Amanda Chicago Lewis / The Verge: |
A critical look at the SEO industry, as users complain that Google isn't as useful anymore and some SEO experts say it's now harder to game Google's algorithm — As the public begins to believe Google isn't as useful anymore, what happens to the cottage industry of search engine optimization experts … | David Pierce / The Verge: |
US v. Google offers a rare look at Google's top 20 queries by revenue for a week in September 2018: iPhone, insurance, cheap flights, online colleges, and more — Not all Google searches make Google money. Google often says that it only shows ads on about 20 percent of queries, the ones it calls “commercial queries.”| Brian Steinberg / Variety: |
Shareholder letter: Netflix says its ad tier has 15M+ MAUs globally, accounting for ~30% of new sign-ups where it's available, and plans new ad formats for 2024 — Netflix is ready to use “The Crown,” “Squid Game” and other signature series to take ad dollars from rival streamers.| Ben Thompson / Stratechery: |
If we accept the premise that regulation locks in incumbents, then it's notable that the early AI winners seem the most invested in generating alarm about AI — In 2019, a very animated Bill Gates explained to Andrew Ross Sorkin why Microsoft lost mobile:| RT Watson / The Block: |
After securing regulatory approval, Coinbase says that eligible US retail customers can now access BTC and ETH futures contracts via Coinbase Financial Markets — - Coinbase's service offering crypto futures trading to eligible retail U.S. customers is now active and includes “nano” bitcoin contracts.| Ron Miller / TechCrunch: |
Snowflake unveils Snowflake Cortex, a fully managed service designed to help business users and developers work with AI-powered apps on its Data Cloud platform — Companies use Snowflake to store their data in the cloud. With the ever growing interest in generative AI and large language models … | Theo Wayt / The Information: |
Flexport acquires the tech stack of shuttered digital freight startup Convoy; a source says Convoy CEO Dan Lewis will join Flexport as part of the deal — Flexport has reached a deal to buy the technology of shuttered trucking startup Convoy, as Flexport doubles down on its U.S. trucking ambitions … | Brody Ford / Bloomberg: |
Intuit plans to shut personal finance app Mint, which had 3.6M MAUs in 2021, on January 1, 2024, and is pushing users to Credit Karma, which it acquired in 2020 — - Credit Karma hopes to attract more high-score customers — Mint service had 3.6 million monthly active users in 2021| Sarah Perez / TechCrunch: |
CRM platform HubSpot plans to acquire B2B data provider Clearbit, which has 400K+ users and 1,500+ business customers, and was valued at $250M in January 2019 — HubSpot, the Boston-based marketing software maker and CRM platform, announced today it's acquiring the B2B data provider Clearbit … | Sam Tobin / Reuters: |
Apple loses a bid to block a UK lawsuit over allegedly hiding defective iPhone batteries and “throttling” them via updates; Apple calls the lawsuit “baseless” — Apple Inc (AAPL.O) on Wednesday lost a bid to block a mass London lawsuit accusing it of hiding defective batteries … | Manya Saini / Reuters: |
PayPal reports Q3 revenue up 9% YoY to $7.4B, vs. $7.38B est., total payment volume up 13% YoY to $387.7B, vs. $377.9B, and forecasts FY 2023 profit above est. — PayPal Holdings (PYPL.O) raised its forecast for full-year adjusted profit above Wall Street estimates on Wednesday … | Taylor Soper / GeekWire: |
Chainguard, which helps companies secure their open-source software supply chain, raised a $61M Series B led by Spark Capital, taking its total funding to $116M — Chainguard, a Kirkland, Wash.-based cybersecurity startup, raised $61 million in a Series B round.| Reuters: |
EA reports Q2 net bookings up 4% YoY to $1.82B, vs. $1.78B est., revenue of $1.91B, up from $1.9B in Q2 2022, and raises its annual profit forecast — Electronic Arts (EA.O) on Wednesday beat analysts' estimates for quarterly net bookings and profit and raised its annual earnings projection …
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| Worldcoin: |
| Hayden Field / CNBC: |
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| Nilesh Christopher / Rest of World: |
| New York Times: |