| Reuters: |
Adobe and Figma agree to terminate their $20B merger, announced in September 2022, after seeing “no clear path” to UK and EU regulatory approval — Adobe (ADBE.O) on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma, pointing to … | Jon Porter / The Verge: |
The EU Commission opens an official DSA investigation into X, focusing on illegal content, disinformation, ad transparency, “deceptive design”, and data access — X, the platform formerly known as Twitter, may have broken the European Union's tough new Digital Service Act rules … | Chance Miller / 9to5Mac: |
Apple plans to halt Apple Watch Series 9 and Ultra 2 sales in the US starting this week, to “preemptively” comply with an ITC patent ruling now under US review — In a statement to 9to5Mac, Apple has announced that it will soon halt sales of its flagship Apple Watch models in the United States.| Andrew Solender / Axios: |
Coinbase, a16z, the Winklevoss twins, and others put $78M in crypto super PACs, an immense figure raised in just three months, ahead of the 2024 US elections — Cryptocurrency industry leaders have poured $78 million into super PACs aimed at bolstering and growing the ranks of crypto-friendly lawmakers … | Lucas Shaw / Bloomberg: |
Streaming TV appears to have entered its franchise era; Netflix plans spinoffs of the Addams Family, Peaky Blinders, and action movie Extraction, among others — Sequels and prequels have already taken over the movie business. Now they're coming for TV. — Good afternoon from Los Angeles … | New York Times: |
| Wall Street Journal: |
Western intelligence officials say that former Wirecard COO Jan Marsalek, who fled to Moscow after nearly $2B went missing, was likely a Russian agent for years — Jan Marsalek, the jet-setting former COO of now-defunct Wirecard, enabled Moscow to fund covert operations around the world, officials say; ‘whiff of Silicon Valley’| Michael Acton / Financial Times: |
The UK NHS partners with Zipline on plans to deliver medical and surgical supplies by drone to 30+ hospitals in northern England in H2 2024, to help cut costs — Silicon Valley group Zipline allies with trust in northern England to drop essential medical supplies| Bloomberg: |
| Matt Day / Bloomberg: |
Inside Amazon's Mission Operations Center during Project Kuiper's launch, part of an ambitious $10B effort to launch 3,000+ satellites and challenge Starlink — Project Kuiper could transform Amazon into a telecommunications giant, but first the company needs to loft more than 3,000 satellites into orbit.| Washington Post: |
Experts and lawmakers say Tesla's largest recall yet is unlikely to solve Autopilot's fundamental flaw: Tesla failing to limit where drivers can use the feature — Tesla's software update adds warnings to improve driver attention while using Autopilot — but doesn't limit where drivers can engage the technology| Bloomberg: |
Tokyo-based chip equipment maker Kokusai expects nearly 50% of its revenue to come from China in the coming months; its stock is up ~66% since its October IPO — - China business accounts for more than 40% of revenue, CEO said — Investment for mature chip fabs likely remain solid next year| Bloomberg: |
In 2020, two Black Nvidia staff met with Jensen Huang to warn over AI discrimination for minorities, but did not feel that he listened or prioritized the issues — As the chipmaker's AI technology has become ubiquitous, it's working to make it more inclusive
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| Yue Wang / Forbes: |