Techmeme
October 30, 2024, 10:35 AM

Top News

Jason Schreier / Bloomberg:
PlayStation closes Firewalk Studios, which debuted shooter game Concord in August 2024 before taking it offline, and mobile studio Neon Koi, impacting ~210 jobs  —  The company will also close the mobile game studio Neon Koi, which hasn't released a game, according to a blog post from Sony on Tuesday.
Rohan Goswami / CNBC:
Super Micro's stock drops 30%+ after disclosing that auditor Ernst & Young had resigned following months of disagreement over governance and board independence  —  Super Micro's shares plunged as much as 35% Wednesday morning after the company disclosed its auditor had resigned following months …
Alphabet:
Alphabet reports Q3 revenue up 15% YoY to $88.27B, Search revenue up 12% YoY, net income up 34% YoY, and traffic acquisition costs up 9% YoY; GOOG jumps 5%+  —  MOUNTAIN VIEW, Calif. - October 29, 2024 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2024.
Jay Peters / The Verge:
Sundar Pichai says “more than a quarter of all new code at Google is generated by AI, then reviewed and accepted by engineers”  —  Google is building a bunch of AI products, and it's using AI quite a bit as part of building those products, too.  “More than a quarter of all new code …
Jennifer Elias / CNBC:
Abner Li / 9to5Google:
Google updates Chrome desktop to let users choose how aggressively it frees up inactive tab resources across three modes, and adds a Performance Detection tool  —  Last year, Chrome introduced Memory and Energy Saver modes, and Google is now updating its desktop browser with Performance issue alerts.
Tom Warren / The Verge:
GitHub says Copilot will support Anthropic, Google, and OpenAI models, unveils an AI tool to build micro web apps called Spark, Copilot for Xcode, 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 …
The GitHub Blog:
Katrina Manson / Bloomberg:
Microsoft says Russian hackers have sent “highly targeted spearphishing emails” to thousands of US officials, defense workers, and others during the past week  —  - Thousands targeted in spearphishing campaign during last week  — Hackers said to impersonate Microsoft employees in some emails
Rebekah Valentine / IGN:
Ubisoft quietly debuted its first blockchain game, Champions Tactics: Grimoria Chronicles, for free on PC last week; in-game figurines are listed for $7 to $63K  —  It's called Champions Tactics and it sure looks like...something.  —  Three years ago, Ubisoft promised it would start making its own blockchain games.
New York Times:
Sources detail how TikTok struck a deal with GoTo to buy a ~75% stake in Tokopedia for $840M, letting TikTok restart TikTok Shop in Indonesia in December 2023  —  Agata Pinastika Kenastuti's children's clothing shop in Jakarta, Indonesia, was full of inventory when TikTok Shop shut.
Jonathan Vanian / CNBC:
Reddit reports 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 30%+  —  Reddit shares jumped 22% in extended trading Tuesday, topping $100 for the first time, after the social media company reported third-quarter results …
Wall Street Journal:
Sources: xAI is in the early stages of talks with investors to raise several billion dollars in a round that would value xAI at ~$40B, up from $24B in May 2024  —  New fundraising effort would substantially increase startup's valuation from spring  —  Elon Musk's xAI is in talks with investors …
Tess Owen / Wired:
TTP data: US anti-government militia activity has grown on Facebook, with the platform even auto-generating some group pages, despite users flagging the issue  —  Ahead of the election, anti-government militias are using Facebook to recruit, coordinate training, and promote ballot box stakeouts.
Arsheeya Bajwa / Reuters:
AMD reports Q3 revenue up 18% YoY to $6.82B, vs. $6.71B est., Data Center revenue up 122% YoY to $3.5B, and forecasts Q4 revenue below est.; AMD drops 5%+  —  Advanced Micro Devices (AMD.O) on Tuesday forecast fourth-quarter revenue just shy of estimates as supply chain constraints hamper …
Leo Schwartz / Fortune:
Chaos Labs and Inca Digital analysts say Polymarket activity exhibits signs of wash trading, a form of market manipulation to create a false volume and activity  —  Polymarket CEO Shayne Coplan.  —  COURTESY OF POLYMARKET  —  The prediction market Polymarket has skyrocketed …
Paige Smith / Bloomberg:
Visa and Coinbase partner to let eligible US and EU users deposit funds into their Coinbase accounts, sometimes instantly; Visa powers the Coinbase debit card  —  - Access to crypto used to be challenging but is becoming easier … Coinbase already has millions of connections …

Sponsor Posts

ElevenLabs:
ElevenAgents by ElevenLabs  —  You know us for voice.  Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency.  Hear it for yourself.
Intel:
5G's most deployed platform  —  Powering live networks with built-in Inference across Core and RAN.  That's the power of Intel Inside®
Zoho:
Keep your business moving with delegated signing in Zoho Sign  —  Contracts piling up while you're traveling or stuck in back-to-back meetings?  With Zoho Sign's delegated signing feature, those delays will be a thing of the past.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Invest Like the Best:
William Hockey - Building the Operating System for the Dollar and Silicon Valley Heresy
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
BG2 Pod:
ChatGPT - The Super Assistant Era
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Lenny's Podcast:
The tactical playbook for getting 20-40% more comp (without sounding greedy) | Jacob Warwick (Executive Negotiator)
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:
AI Backlash Intensifies, Nvidia GTC Preview, Meta's Embarrassing Delay
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.
Access:
Meet Starboy, the alien toy that hates being called AI
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Tools and Weapons with Brad Smith:
Everybody Goes Home: How technology is helping prevent wildfires from spreading
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.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:35 AM ET, October 30, 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

Earlier Picks

Karissa Bell / Engadget:
Reuters:
Reuters: