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Techmeme
November 1, 2024, 10:40 AM
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Top News

Apple Inc.:
Apple reports Q4 revenue up 6% YoY to $94.9B, and net income down 36% YoY to $14.74B, after paying a $10.2B charge as part of an income tax decision in the EU  —  iPhone drives record September quarter revenue Services revenue reaches new all-time high  —  Apple® today announced financial results …
CNBC:
Apple Q4 revenue: iPhone up 6% YoY to $46.22B, Mac up 2% YoY to $7.74B, iPad up 8% YoY to $6.95B, and Wearables, Home, and Accessories down 3% YoY to $9.04B  —  Apple reported earnings after the bell.  Here are the results.
Mishaal Rahman / Android Authority:
Google plans to release Android 16 in Q2 2025 “to better align with the schedule of device launches”; major Android releases have been in Q3 or Q4 since 2013  —  Android 16 is launching in Q2 of 2025, which is months earlier than previously expected.  —  •  —  TL;DR
Reuters:
Researchers linked to China's military used Llama 2 to develop an AI model for potential military use; Meta says use of “outdated” Llama 2 would be “irrelevant”  —  Top Chinese research institutions linked to the People's Liberation Army have used Meta's publicly available Llama model …
Manish Singh / TechCrunch:
Indonesia bans Pixel smartphone sales, saying Google must comply with rules requiring 40% local content in smartphones, days after banning the iPhone 16 lineup  —  Indonesia has banned sales of Google Pixel smartphones for failing to meet domestic content requirements, days …
Shirin Ghaffary / Bloomberg:
OpenAI unveils ChatGPT Search to let paid users search for timely information using GPT-4o, after testing the feature in July 2024, a direct challenge to Google  —  The new option will let the chatbot's users search for timely information much as they would on the web.
Hayden Field / CNBC:
During a Reddit AMA, Sam Altman says GPT-5 likely won't come this year as OpenAI faces “a lot of limitations and hard decisions” in allocating compute resources
Gerrit De Vynck / Washington Post:
OpenAI says ChatGPT Search draws on articles from the WSJ and others it has deals with, and will direct election-related queries to sources like AP and Reuters
Jordan Novet / CNBC:
Intel reports Q3 revenue down 6% YoY to $13.28B, vs. $13.02B est., a net loss of $16.99B, and Q4 guidance above estimates; INTC jumps 6%+ after hours  —  Intel shares rose 7% in extended trading on Thursday after the chipmaker reported better-than-expected earnings and issued quarterly guidance that topped estimates.
Callan Quinn / CoinDesk:
Crypto firm Immutable says the SEC issued it a Wells notice related to the sale of its IMX tokens in 2021, and accuses the agency of “regulation by enforcement”  —  The firm's IMX token is down over 13% at $1.16 following the announcement.  — Immutable said that it received …
Bloomberg:
Former Lacework CEO and former Facebook Global Head of Engineering Jay Parikh joins Microsoft's senior leadership team, reporting directly to Satya Nadella  —  - Company struggling to ramp up data centers to meet AI demand  — Jay Parikh will report directly to Microsoft CEO Nadella
Krisztian Sandor / CoinDesk:
Tether reports Q3 net profit of $2.5B, driven by yields on its US Treasury and gold holdings and bringing YTD profit to $7.7B, as USDT's market cap nears $120B  —  The company also owns a significant amount of gold and the big move higher in the yellow metal boosted profits.
Anthropic:
Anthropic says governments should urgently take action on AI policy in the next 18 months and suggests principles for AI regulation that support innovation  —  Increasingly powerful AI systems have the potential to accelerate scientific progress, unlock new medical treatments, and grow the economy.
Benjamin Mayo / 9to5Mac:
Satellite services provider Globalstar says Apple took a 20% ownership stake worth ~$400M, and has committed another $1.1B to expand satellite service capacity  —  Satellite services provider GlobalStar today disclosed an expansion of its deal with Apple.  Apple will commit an additional $1.1 billion …
Martyn Landi / The Independent:
UK police received 7,062 reports of online grooming over the past year; Snapchat was named in 48% of the cases where the means of communication was disclosed  —  The children's charity said more than 7,000 offences were recorded by police in the last year.  —  Your support helps us to tell the story
More: BBC.  Forums: Beehaw
Amazon.com, Inc.:
Amazon reports Q3 revenue up 11% YoY to $158.9B, net income up 55% YoY to $15.3B, and operating income up 56% YoY to $17.4B; AMZN jumps 5%+  —  Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its third quarter ended September 30, 2024.  - Net sales increased 11% …
Tom Warren / The Verge:
Microsoft delays rolling out its controversial Recall feature for Copilot Plus PCs to December to “refine the experience”, after pushing it from June to October  —  Microsoft says it needs more time to make sure the AI feature is ‘a secure and trusted experience’

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:40 AM ET, November 1, 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

Katie Deighton / Wall Street Journal:
WME is selling sports marketing agency 160over90 to Publicis Groupe for, sources say, $500M+; WME bought the agency in 2018 for about $200M

Variety:
Sources: the legal team for Paramount President Jeff Shell has engaged in preliminary talks about a possible exit from the company, where he was hired in 2024

Philip Oltermann / The Guardian:
Penguin Random House sued OpenAI for copyright infringement, alleging its LLM “memorized” a popular German children's book series and can reproduce the content

More News

Jordan Novet / CNBC:
Amazon reports Q3 AWS revenue up 19% YoY to $27.45B, vs. $27.52B est., and AWS operating income of $10.45B, vs. $9.15B est., up from $7B in Q3 2023
Kyle Wiggers / TechCrunch:
Meta is working with Wonik and GelSight to develop and commercialize tactile sensors for AI, including the Allegro robotic hand and Digit 360 tactile fingertips

Earlier Picks

Tom Warren / The Verge:
Microsoft says Windows 10 consumers will only be able to buy one year of Extended Security Updates for $30, after the company ends support on October 14, 2025
Andy Greenberg / Wired:
Sophos details a five-year battle with Chinese hackers exploiting its firewalls, and how its device “implants” traced the hacks to a university and a contractor
Ryan Christoffel / 9to5Mac:
Kuo: Apple plans to use its own Wi-Fi and Bluetooth chip made using TSMC's N7 process and supporting Wi-Fi 7 in the iPhone 17, reducing its reliance on Broadcom
Emma Roth / The Verge:
Google adds Gemini to Google Maps in the US, with AI-summarized reviews and answers to descriptive questions from users, and adds 150 cities to Immersive View
Andrew Webster / The Verge:
Nintendo launches Nintendo Music, an iOS and Android app that lets Switch Online subscribers stream or download gaming tunes from Nintendo titles
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