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Techmeme
October 18, 2024, 2:10 AM
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Top News

Miles Kruppa / Wall Street Journal:
Prabhakar Raghavan will leave his role overseeing Google search and ads products, to be replaced by Nick Fox; Raghavan will become Chief Technologist  —  Prabhakar Raghavan, the most senior Google executive overseeing its search engine and ads products, is leaving the role after a four-year tenure leading …
Ina Fried / Axios:
Google announces a reorganization: Gemini App team will join DeepMind under Demis Hassabis and Assistant teams will move to Platforms & Devices
Sarah Whitten / CNBC:
Netflix reports Q3 revenue up 15% YoY to $9.83B, vs. $9.76B est., paid memberships up 14% to 282.72M, vs. 282.15M est., and net income of $2.4B  —  LOS ANGELES — Netflix reported earnings after the bell.  Here are the results.  — Earnings per share: $5.40.  That may not compare with the $5.12 expected by LSEG.
Nate Raymond / Reuters:
X updates its ToS to steer any disputes by users to the US District Court for the Northern District of Texas, whose judges often favor conservative litigants  —  Elon Musk's X has updated its terms of service to steer any disputes by users of the social media platform formerly known as Twitter …
Ina Fried / Axios:
Sam Altman's Worldcoin rebrands as World, unveils a new Orb powered by Nvidia's Jetson chipset, plans to integrate its ID verification into other software, more  —  - It also is updating its mobile app to support “mini apps” from various third parties.  —  World said the new version …
Samantha Cole / 404 Media:
Sources: Matt Mullenweg offered another buyout offer to Automattic staff; Mullenweg appears to have redirected staff's Blind sign-up emails to himself  —  After an exodus of employees at Automattic who disagreed with CEO Matt Mullenweg's recently divisive legal battle with WP Engine …
Rich Woods / XDA Developers:
Qualcomm cancels the Snapdragon Dev Kit, which was supposed to ship in June, and will offer refunds, as the product failed to meet its “standards of excellence”  —  - Qualcomm canceled the Snapdragon Dev Kit & will offer refunds, as the product failed to meet its “standards of excellence”.
Forbes:
Sources: Stripe is in talks to acquire startup Bridge, a provider of infrastructure for crypto stablecoins, for $1B; Bridge raised $58M  —  The acquisition, potentially Stripe's largest to date, would come as the $70 billion fintech high-flyer makes a bigger push into stablecoin payments.
Emma Roth / The Verge:
On a podcast, Donald Trump says Tim Cook called him “hours ago” to complain about EU fines and that Cook said the EU uses fines “to run their enterprise”  —  Donald Trump said Apple CEO Tim Cook called him to discuss the billions of dollars that Apple has been fined in the European Union.
Sarah Wynn / The Block:
The FBI charges Alabama man Eric Council Jr. with hacking the SEC's X account on January 9, 2024 to post a fake announcement about approving spot bitcoin ETFs  —  - Eric Council Jr., 25, was charged with “conspiracy to commit aggravated identity theft and access device fraud.”
Financial Times:
Sources: last week, Meta fired ~24 staff in LA for using $25 meal credits to buy household items, as it restructures WhatsApp, Instagram, and Reality Labs teams

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:10 AM ET, October 18, 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

Ted Johnson / Deadline:
A new filing from Nexstar in the DirecTV lawsuit says the existing restraining order freezing the Nexstar-Tegna merger could jeopardize assets of both companies

Minho Kim / New York Times:
A US appeals court pauses a lower-court order that would have reinstated around 1,000 Voice of America journalists and staff who had been put on paid leave

Max Tani / @maxwelltani:
Memo: Business Insider says it will give a new “quarterly AI Award” for the best staff AI use, like solving a frustrating problem, with the winner getting $400

More News

Sara Fischer / Axios:
Memo: Google will block US election ads after the polls close on November 5 to prevent voting misinformation, including candidates prematurely claiming victory
Jagmeet Singh / TechCrunch:
Google adds an option for NotebookLM users to customize audio summaries, launches a NotebookLM Business pilot, and says 80K+ organizations use the tool
Sarah Perez / TechCrunch:
On Apple Pay's 10th anniversary, Apple adds support for Klarna in the US and UK and plans to expand installment loan options and add reward redemptions
Kif Leswing / CNBC:
Unity launches the Unity 6 game engine, emphasizing stability, predictable updates, and support for hundreds of players in the same virtual world simultaneously

Earlier Picks

Washington Post:
Instagram rolls out new settings to fight sextortion, like hiding teens' follower lists from potential blackmailers; Meta says the crime is becoming more common
Ingrid Lunden / TechCrunch:
Enterprise data security startup Cyera buys data loss startup Trail Security for $162M in cash and stock; sources: Cyera is raising $200M+ at a ~$3B valuation
Bloomberg:
Sources: the EU warns X that it may calculate fines against X by including Elon Musk's other companies' revenue; the DSA can fine 6% of global annual revenue
Sarah Perez / TechCrunch:
Apple expands Apple Business Connect to let businesses, including those without a physical location, manage their presence in Mail, Phone, and Tap to Pay
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