Techmeme
October 29, 2024, 6:30 PM

Top News

Chris Welch / The Verge:
Apple updates the Mac mini with a smaller design, five USB-C ports, and up to 64GB of RAM, shipping from November 8 for $599+ with M4 and $1,399+ with M4 Pro  —  As part of the company's week of Mac-focused announcements, Apple has just introduced a smaller, yet even more powerful Mac Mini.
Benjamin Mayo / 9to5Mac:
Apple debuts the M4 Pro: Thunderbolt 5, up to a 14-core CPU, up to a 20-core GPU with up to 2x an M4 GPU's power, a 16-core Neural Engine, and up to 64GB of RAM  —  The just-announced Mac mini includes the unveiling of the M4 Pro chip for the first time.  The new upscale chip features 14-CPU cores …
Alphabet:
Alphabet reports Q3 revenue up 15% YoY to $88.27B, Search revenue up 12% to $49.39B, net income up 34% to $26.3B, and traffic acquisition costs up 9% to $13.72B  —  MOUNTAIN VIEW, Calif. - October 29, 2024 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2024.
Jennifer Elias / CNBC:
Tom Warren / The Verge:
GitHub plans to update Copilot to support Anthropic, Google, and OpenAI models, unveils AI web app building tool Spark, updates Copilot in VS Code, and more  —  GitHub is going multi-model for its Copilot code completion and programming tool.  Developers will soon be able to choose models from Anthropic …
Jason Koebler / 404 Media:
Elon Musk's PAC sends Republicans texts impersonating Kamala Harris that push policies Harris doesn't support, without disclaimers, and ups its social ad spend  —  An Elon Musk-funded super PAC has expanded an advertising campaign in which it is impersonating Democrats and targeting registered Republicans …
Arsheeya Bajwa / Reuters:
AMD reports Q3 revenue up 18% YoY to $6.82B, vs. $6.71B est., Data Center revenue up 122% to $3.5B, and Q4 revenue forecast below est.; AMD drops 5% after hours  —  Advanced Micro Devices (AMD.O) on Tuesday forecast fourth-quarter revenue just shy of estimates as supply chain constraints hamper …
Reuters:
Dozens of sources share how Intel CEO Pat Gelsinger fumbled the company's revival, including offending TSMC with Taiwan comments and losing a deep TSMC discount  —  Pat Gelsinger took the reins as Intel (INTC.O) CEO three years ago with hopes of reviving the American industrial icon.
Reuters:
Sources: OpenAI has been working for months with Broadcom on its first in-house AI chip, for inference, built by TSMC, and has dropped its foundry plans for now  —  OpenAI is working with Broadcom (AVGO.O) and TSMC (2330.TW) to build its first in-house chip designed to support …
Alex Weprin / The Hollywood Reporter:
Snap says it will roll out its new “simple” Snapchat app in Q1 2025, ~10M users are testing it, but warns the engagement metrics are worse on iOS versus Android  —  In its third-quarter earnings report, Snap warned investors of “near term disruption” connected to the launch of the new Snapchat.
Wall Street Journal:
Sources: xAI is in talks with investors to raise several billion dollars in a funding round that would value it around $40B; xAI was valued at $24B in May  —  New fundraising effort would substantially increase startup's valuation from spring  —  Elon Musk's xAI is in talks with investors …
Ben Thompson / Stratechery:
Why Meta is well positioned to be AI's main beneficiary in the short, medium, and long term: generative AI, ads, infinite content, XR, “generative UI”, and more  —  Stratechery has benefited from a Meta cheat code since its inception: wait for investors to panic, the stock to drop …
Pritam Biswas / Reuters:
MetaMask crypto wallet maker Consensys is cutting 162 staff, or ~20% of its workforce, citing broader macroeconomic pressures and ongoing regulatory challenges  —  Cryptocurrency firm Consensys said on Tuesday it would cut 20% of its total workforce, citing broader macroeconomic pressures …
Jonathan Vanian / CNBC:
Reddit Q3: revenue up 68% YoY to $348.4M, vs. $312.8M est., DAUs up 47% YoY to 97.2M, vs. 96.5M est, ARPU of $3.58, vs. $3.24 est.; RDDT jumps 20%+ after hours  —  Reddit shares jumped 22% in extended trading Tuesday, topping $100 for the first time, after the social media company reported …

Sponsor Posts

Google:
Reimagine your photos with a prompt  —  Our new native image generation and editing is state-of-the-art, and ranked #1 in the world.  Try it for free in the Gemini app.
F5:
Securing AI models and agents in the enterprise  —  The new AI stack creates a highly dynamic attack surface, and traditional controls aren't keeping up.  F5's recent acquisition will bring advanced AI guardrails to enterprise apps.
Zoho:
Uncover what's new in Zoho Solo with iOS 26 and iPadOS 26  —  It's that time of the year again when we get to bring you exciting new updates in Zoho Solo, all built to complement the latest from Apple.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Grit:
How WordPress Became a Web Giant | Automattic Founder and CEO Matt Mullenweg
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
From managing people to managing AI: The leadership skills everyone needs now | Julie Zhuo (Facebook VP, Sundial CEO, The Making of a Manager author)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
How We Use ChatGPT, Meta's New AI Glasses, Can Jimmy Kimmel Be Canceled?
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
Charlie Kirk and Online Rage + Inside Trump's Chip Flip + This Week in A.I.
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Channels with Peter Kafka:
I tried Zuckerberg's $800 Ray-Bans. Are they the future? With Alex Heath
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:30 PM ET, October 29, 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.

More News

Washington Post:
Casey Hall / Reuters:

Earlier Picks

Aanu Adeoye / Financial Times:
Sankalp Phartiyal / Bloomberg:
Reuters:
Brian Heater / TechCrunch: