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November 7, 2024, 4:03 AM
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| Annie Palmer / CNBC: |
Sam Altman, Jeff Bezos, Tim Cook, Michael Dell, Satya Nadella, Sundar Pichai, Mark Zuckerberg, and other tech leaders congratulate Trump on his election victory — Leaders of major technology companies congratulated President-elect Donald Trump and Vice President-elect JD Vance on their victory …
More: The Verge, Business Today, Information Age, Wccftech, Daily Mail, Axios, SFGATE, Hindustan Times, Silicon Valley Business …, DNyuz, CNBC, Honolulu Star-Advertiser, Variety, GeekWire, The Guardian, iPhone in Canada Blog, AppleInsider, BetaNews, Wall Street Journal, News18, 9to5Mac, New Jersey Online, Above Avalon, Philip Elmer‑DeWitt, Wall Street Journal, Business Insider, Bloomberg, Mediaite, Daily Mail, HELLO!, New York Times, TMZ.com, CNN, Deadline, Quartz, Gulf Business, Daily Mail, and Business Today
Threads: @zuck, @documentingmeta, @quillmatiq, @kylie.robison, @bostonjoan, @reidhoffman, @mac_ryan_, @anildash, @mattnavarra, @theromit, and @taylorlorenz
Bluesky: @shultzman.com, @o.simardcasanova.net, and @davidrvetter.bsky.social
X: @tim_cook, @jeffbezos, @sama, @mcuban, @sundarpichai, @ajassy, @satyanadella, @reidhoffman, @mikeisaac, @davill, @bgrueskin, @mattdpearce, @jbendery, @gdb, @mikeisaac, @theviewfromll2, @seangarrette, @drericding, @cristianoamon, @elonmusk, @jstein_wapo, @canteverdie, @michaeldell, @dougleone, @aaronp613, @teddyschleifer, and @markmobility
Forums: r/democrats and r/BlueOrigin
| Bloomberg: |
The US SEC's crypto-related enforcement is slated for a major rollback under President Trump, who has pledged to fire Gary Gensler on the first day in office — - Trump has pledged to fire Gensler on the first day in office — Next SEC chair is expected to push forward new regulations| Kevin Roose / New York Times: |
What a Trump victory means for tech: antitrust woes die down, except for Google, TikTok survives, AI progress accelerates, social media shifts right, and more — Another Trump presidency will be good for crypto and Elon Musk, but every big tech company may not benefit from a more hands-off approach to antitrust.
More: Ars Technica, TechCrunch, Newcomer, Benzinga, Financial Times, The Guardian, Fortune, Los Angeles Times, Tech Xplore, Blood in the Machine, Business Insider, Breitbart, New York Post, Business Insider, and Financial Times
Threads: @karaswisher, @taylorlorenz, @bobbyallyn, @daveleebbg, @benedictevans, @nxthompson, and @karaswisher
| Financial Times: |
More: CBS News, Tech Funding News, and The Guardian
| Ismail Shakil / Reuters: |
Canada orders TikTok's business in the country to be dissolved, citing national security risks, but says it is not blocking Canadians' access to the app — Canada on Wednesday ordered Chinese-owned TikTok's business in the country to be dissolved, citing national-security risks …
More: CBC News, Government of Canada, Engadget, The Information, Associated Press, My Cowichan Valley Now, Michael Geist, TikTok, Reuters, iPhone in Canada Blog, Global News, Türkiye Today, SiliconANGLE, Times Colonist, CP24, Globe and Mail, CP24, Ottawa Citizen, vancouversun, The Hacker News, Yen.com.gh, Social Media Today, Digital Music News, Profectio, BNN Bloomberg, The Desk, Anadolu Ajansı …, and BSS
X: @mgeist, @dmacpher, @privacylawyer, @dmacpher, @geoffreygertz, @swbenzie, @prairiecentrist, and @scott_dlb. LinkedIn: Sarah Thompson
Forums: Hacker News, r/technology, and r/China
| Ian King / Bloomberg: |
Qualcomm's Q4 and Arm's Q2 earnings show the smartphone industry making an uneven comeback, with both companies reporting a stronger demand for high-end models — - Both companies are seeing stronger demand for high-end models — Qualcomm results outshine Arm's in dueling reports Wednesday
More: SiliconANGLE, Benzinga, and Fierce Electronics
| Kif Leswing / CNBC: |
| Ian King / Bloomberg: |
More: Arm Newsroom, The Times, Investor's Business Daily, Channel NewsAsia, Yahoo Finance, The Information, and Arm
X: @handleym99, @anshelsag, @benbajarin, @anshelsag, and @thetranscript_
| Zaheer Kachwala / Reuters: |
Take-Two reports Q2 net bookings up 2% YoY to $1.47B, vs. $1.43B est., net revenue up 4% to $1.35B, and sells its Private Division label to an unnamed buyer — Take-Two Interactive Software (TTWO.O) beat Wall Street expectations for second-quarter bookings and profit on Wednesday …
More: GamesIndustry.biz, Bloomberg, Take-Two Interactive, Variety, Video Games Chronicle, Wccftech, Neowin, GamesRadar, The Verge, Push Square, PC Gamer, Neowin, GamesRadar, GameSpot, Eurogamer.net, GamesIndustry.biz, Yahoo Finance, VentureBeat, and GamingBolt
X: @wario64, @jasonschreier, @deantak, @jasonschreier, @videotechuk_, and @gtanet. LinkedIn: Rafael Brown
| Maani Truu / ABC: |
Australia plans to introduce legislation that would ban children under 16 from using social media, not exempting those already with accounts or parental consent — In short: — Social media users under the age of 16 are set to be barred from using social media, under legislation expected to be introduced to parliament this month.| Kyle Wiggers / TechCrunch: |
OpenAI acquired chat.com, which now redirects to ChatGPT; HubSpot co-founder Dharmesh Shah reportedly bought the domain, registered in 1996, for $15.5M in 2023 — OpenAI bought Chat.com, adding to its collection of high-profile domain names. — As of this morning, Chat.com now redirects to OpenAI's AI-powered chatbot, ChatGPT.
More: Domain Name Wire, Hindustan Times, Engadget, Neowin, Analytics India Magazine, and The Verge
X: @sama, @nearcyan, @kyliebytes, @avischiffmann, @rowancheung, @netcapgirl, @0xgaut, and @yacinemtb
Forums: Hacker News and Slashdot
| David Yaffe-Bellany / New York Times: |
Stand With Crypto: US voters elected 253 pro-crypto candidates to the House, compared to 115 anti-crypto candidates, and 16 pro-crypto Senate candidates — The spending spree fueled a string of victories on Tuesday for congressional candidates who had expressed support for cryptocurrencies.
More: The Crypto Times, CryptoPotato, Bitcoin Insider, Coinpedia Fintech News, CoinGape, CoinDesk, The Japan News, Decrypt, CNBC, Blockworks, Gizmodo, CoinDesk, The Daily Hodl, Cryptopolitan, and The Block
X: @senlummis, @brian_armstrong, @peterlbrandt, @coinbase, @paulg, @tyler, @twobitidiot, @danheld, @rachaelrad, @nic__carter, @bitstein, @antoniogm, @erictrump, @arrington, @brian_armstrong, @twobitidiot, @ryanwatkins_, @prestonjbyrne, @excellion, @ryansadams, @aridavidpaul, @iamdcinvestor, @ryansadams, @pt, @cameron, @iamdcinvestor, @nic__carter, @milesjennings, @ntmoney, @standwithcrypto, @pythianism, @jessewldn, @cz_binance, @pumpdotfun, @samlyman33, @cburniske, @adamscochran, @ledger, @emiliemc, @katiebiber, @cz_binance, @zguz, @katiebiber, @yugacohler, @saylor, @jbsdc, @erikvoorhees, @prestonjbyrne, @nic__carter, @eleanorterrett, @pacificdiplomat, @iampaulgrewal, @adamscochran, @tyler, @laurashin, @nataliepropy, @edkrassen, @logandobson, @dogetoshi, @evan_ss6, @travisbloom, and @cburniske. Forums: r/CryptoCurrency
| Jay Peters / The Verge: |
Roblox plans to stop kids under 13 from accessing experiences with “certain types of interactive features”, including “social hangouts”, starting November 18 — Roblox is going to block kids from accessing certain types of experiences following reports alleging that the platform has enabled child abuse.
More: Roblox Developer Forum, Engadget, and Bloomberg
| Krisztian Sandor / CoinDesk: |
JPMorgan rebrands its Onyx blockchain unit as Kinexys and plans to add on-chain foreign exchange capabilities as early as Q1 2025, starting with USD and EUR — The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities …
More: J.P. Morgan, Bloomberg, The Information, Decrypt, CryptoSlate, and CoinGape
| Priyanka.G / Reuters: |
Bumble reports Q3 revenue down 0.7% YoY to $273.6M, vs. $271.9M est., its first quarterly sales drop since going public in 2021, and 4.3M total paying users — Bumble (BMBL.O) posted on Wednesday its first decline in quarterly sales since going public in 2021 and said that it would take longer …
More: Bumble Inc.
| Mackenzie Hawkins / Bloomberg: |
Sources: TSMC and GlobalFoundries have finished negotiating agreements for billions of dollars in grants and loans under the CHIPS Act to support US factories — - US officials look to announce agreements in coming weeks — Biden team is racing to get Chips Act money out the door
More: Reuters and Phoenix Business Journal
| Akash Sriram / Reuters: |
Lyft reports Q3 revenue up 32% YoY to $1.52B, vs. $1.44B est, gross bookings up 16% to $4.1B, forecasts Q4 gross bookings above est.; LYFT jumps 20% — Lyft (LYFT.O) forecast current-quarter gross bookings above estimates after beating September-quarter sales on Wednesday as more people return to offices …
More: Lyft, SiliconANGLE, MarketWatch, Investor's Business Daily, SiliconANGLE, CNBC, Bloomberg, and VentureBeat
| Rebecca Bellan / TechCrunch: |
More: Lyft, Fleet News Daily, Robotics & Automation News, Tech Brew, Electrek, Bloomberg, and The Verge
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