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October 7, 2024, 8:45 AM
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| Mark Gurman / Bloomberg: |
Sources: Apple aims to debut iOS 18.1 and Apple Intelligence on October 28 and unveil a new iPad mini and Macs in late October; some could ship from November 1 — Apple is inching away from its annual product upgrade cycle, a move that could lead to more frequent releases and fewer jarring delays.
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Forums: r/technology, r/hardware, r/apple, r/ios, and MacRumors Forums
| Frederic Lardinois / TechCrunch: |
An interview with AWS CEO Matt Garman on generative AI, AWS' AI chatbot Q, shutting down services, investing in open source, open sourcing projects, and more — It was quite a surprise when Adam Selipsky stepped down as the CEO of Amazon's AWS cloud computing unit.| Reuters: |
Samsung says it is not interested in spinning off its contract chip manufacturing business; sources say it has struggled to win big orders for new chip capacity — Samsung Electronics (005930.KS) is not interested in spinning off its contract chip manufacturing business … | Wall Street Journal: |
eMarketer expects Google's share of the US search ad market to drop below 50% in 2025 for the first time in 10+ years, as Amazon, Apple, and others make gains — A flurry of new offerings for advertisers is hitting the market — Google's grip on the nearly $300 billion search advertising business is loosening.
More: WinBuzzer, Financial Times, TipRanks Financial, Motley Fool, Radio Free Mobile, Yahoo Finance, and The Express Tribune
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X: @eric_seufert, @ashkan, @bwertz, @pkedrosky, @aravsrinivas, and @aepstein_
LinkedIn: David Wiener and Jordan Steiner
Forums: r/technology and r/wallstreetbets
| John Foley / Financial Times: |
Among US companies founded in the past 20 years, only Meta and Uber have become “scale insurgent”, with $10B in annual revenue and $1B of operating cash flow — More companies are reaching the $1bn valuation milestone, but growing from horned foal to winged steed is getting tougher| Emily Nicolle / Bloomberg: |
SportQuake: crypto companies have spent a record of almost £130M on Premier League sponsorship deals for the 2024/25 season, buoyed by tighter gambling rules — English football club deals with crypto firms are at a record high. … The flood of crypto money into English football is continuing … | Max Tani / Semafor: |
Substack, which still isn't profitable but has added 1M+ paid subscribers over the past year, is trying to become a primary way creators of all mediums get paid — The News — Seven years since its launch, the newsletter platform Substack has consolidated its dominance of the independent news business.
More: Business Insider. Bluesky: @plutopsyche.nicomaramckay.com. X: @semaforben, @emily_sundberg, and @semafor. LinkedIn: Jason Whittaker
| Olesia Safronova / Bloomberg: |
A Ukrainian official says the country's hackers carried out a cyberattack that took down the online broadcasts of 20+ Russian broadcasters, including Rossiya 24 — - Russian state media reported ‘unprecedented’ cyberattack — Disruption coincided with Russian president's 72nd birthday| Daniel Thomas / Financial Times: |
The BBC, ITV, Channel 4, and Channel 5 agree a deal with Amazon to put free streamer Freely, developed by joint venture Everyone TV, on Amazon's US smart TVs — Agreement with US tech company is set to provide a boost to broadcasters' new platform Freely — BBC, ITV, Channel 4 and Channel 5 …
More: Reuters, The Sun, Reuters, RXTV, Broadband TV News, The Media Leader, Deadline, and Advanced Television
| Washington Post: |
Investigation: police in 15 US states used facial recognition in 1,000+ cases since 2020 and routinely failed to tell defendants about their use of the software — A Post investigation found that many defendants were unaware of the technology's role in linking them to crimes, leading to questions of fairness.| Philip Heijmans / Bloomberg: |
UN report: cyber crime syndicates raked in as much as $37B in 2023 and are growing in Myanmar, Cambodia, Laos, and across Southeast Asia despite police efforts — - Operations are becoming more professionalized with use of AI — Casinos, hotels and SEZs being used by cyber crime groups
More: Reuters, PCMag, PhoneArena, and Tech in Asia
| Sylvia Pfeifer / Financial Times: |
Dealroom: US VCs made up 65% of 2024 VC investments in European defense startups, up from 18% in 2023, for a total of $458M, or 3x+ more than in any prior year — American venture capital funds have provided the lion's share of investment to the nascent sector this year
X: @elenlazarou and @pluralplatform
Sponsor Posts
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Sources:
Tobi Lütke on the AI agent revolution and future of Shopify
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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