Techmeme
September 2, 2024, 8:15 AM

Top News

Mark Gurman / Bloomberg:
A look at Apple's strategy to keep execs, who wish to retire, around longer; sources: M4 Mac mini will have 5 USB-C ports, internal power supply, and no USB-A  —  Apple's succession strategy has come into focus with the upcoming exit of its chief financial officer.
Faiz Siddiqui / Washington Post:
Fidelity's latest valuation of X, 72% lower than when Musk took over, would mean top investor Prince Alwaleed bin Talal al Saud is down $1.4B and Ellison $720M  —  Elon Musk bought Twitter with a combination of his own money, bank loans and capital raised from friends and associates.
New York Times:
Bluesky reports a record spike in usage as many X users in Brazil move to Bluesky and Threads; Brazil is X's fifth-largest international market, with 20M+ users  —  The platform went dark across Brazil on Saturday, sending online commentators to new digital town squares.
New York Times:
Nick Burns / Americas Quarterly:
Reuters:
Sources: Pat Gelsinger aims to present Intel's board ideas to cut capex spending and more, like halting the $32B chip plant project in Germany or selling Altera  —  Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company's board of directors …
Bloomberg:
OKX says OKX SG received a Major Payment Institution license from the Monetary Authority of Singapore, and appoints former Grab exec Gracie Lin as OKX SG CEO  —  - CEO Lin to focus on products, seeks MAS nod for adding tokens  —  Crypto exchange OKX named former regulator Gracie Lin as CEO …
Wall Street Journal:
Apple and Meta fight over who should determine user's age in teen social media use bills; Apple lobbied Louisiana to kill a device level age check requirement  —  Earlier this year, freshman Louisiana legislator Kim Carver got a close look at Apple's AAPL -0.34%decrease; red down pointing triangle formidable lobbying machine.
More: AppleInsider
Jay Peters / The Verge:
A look at Sub.club, which aims to let users on ActivityPub-based platforms monetize content via subscriptions while taking a 6% cut, available in dev preview  —  The fediverse has the potential to help create enduring and interoperable social networks.  But many creators and businesses rely on bigger …
Daniel Lippman / Politico:
Sources: LobbyMatic, which offers AI tools for lobbying, is covertly run by far-right conspiracy theorists and convicted felons, including Jacob Wohl  —  Jacob Wohl and Jack Burkman are operating under the pseudonyms Jay Klein and Bill Sanders.  —  A Washington startup pitched as a service …
Bluesky: @wagatwe.com
Chien Mi Wong / Bloomberg:
Sources: ByteDance is tapping banks, including Citigroup and JPMorgan, for a $9.5B loan, the biggest dollar-denominated corporate loan in Asia excluding Japan  —  - Loan carries greenshoe option that allows size to increase  — Citigroup, Goldman Sachs, JPMorgan are the loan coordinators

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Featured Podcasts

Cheeky Pint:
Compliance at scale and why TAM is a distraction with Christina Cacioppo of Vanta
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
Invest Like the Best:
Sergey Levine - Building LLMs for the Physical World
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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The Talk Show With John Gruber:
'You're Going to Have the Niggles', With Christina Warren
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
Subscribe to The Talk Show With John Gruber.
Lenny's Podcast:
From skeptic to true believer: How OpenClaw changed my life | Claire Vo
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Big Technology Podcast:
Why OpenAI Killed Sora, Did Apple Just Save Siri?, Meta's Big Loss
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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