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November 8, 2024, 11:15 AM
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Alexandra S. Levine / Bloomberg:
Some TikTok staff and users see Trump as a possible savior from the ban; others question whether Trump even cares about the app now that the campaign is over  —  Trump has signaled he's against a possible ban of the viral video-sharing app  —  Some TikTok staff and creators …
MacKenzie Sigalos / CNBC:
Block reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% YoY to $2.25B, Cash App gross profit up 21% to $1.31B, and a $284M net income  —  WATCH NOW  —  Block reported third-quarter revenue on Thursday that trailed Wall Street expectations.
Financial Times:
Sources: TSMC told Chinese customers it would no longer manufacture AI chips at advanced process nodes of 7nm or smaller as of this coming Monday  —  World's biggest contract chipmaker acts to ensure it is in line with US restrictions on Chinese access to latest processors
Sarah Perez / TechCrunch:
TikTok launches Share to TikTok, which lets users directly share music from Apple Music and Spotify in a post to their TikTok Feed or in DMs via TikTok Messages  —  TikTok on Thursday debuted a new feature that will more closely connect its app, which already influences which songs top the charts …
Sebastian Sinclair / Decrypt:
Detroit plans to accept crypto for tax and fee payments from mid-2025 via a PayPal platform that will convert them to USD, becoming the largest US city to do so  —  Starting in mid-2025, Detroit residents will be able to pay with popular cryptos like Bitcoin and Ethereum through a PayPal-managed platform.
Anissa Gardizy / The Information:
Source: Amazon is discussing a second multibillion-dollar Anthropic investment, asking Anthropic to use servers with Amazon chips; Anthropic prefers Nvidia GPUs  —  Amazon is discussing making a second multibillion-dollar investment in OpenAI rival Anthropic, according to a person involved in the discussions.
Bloomberg:
Sony reports Q2 revenue up 9% YoY to ~$19.45B, operating profit up 73% YoY to ~$2.96B vs. ~$2.18B est., and PS5 sales of 3.8M units, down from 4.9M a year ago  —  - Chinese hit ‘Wukong’ helped game sales on aging PlayStation 5  — Image sensor business was hurt by demand lull in North America
Blake Brittain / Reuters:
A US federal judge dismisses Raw Story and AlterNet's copyright lawsuit against OpenAI over LLM training, for now, saying the outlets couldn't show enough harm  —  A New York federal judge on Thursday dismissed a lawsuit against artificial intelligence giant OpenAI that claimed it misused articles …
Ming-Chi Kuo:
Kuo: Apple plans to upgrade the high-end iPhone 18's wide-angle lens in 2026 to a variable aperture camera; Sunny Optical will be the primary shutter supplier  —  Key Growth Drivers for Sunny Optical's Apple Orders in 2025-2026:  —  1. Lens Supply Allocation to Rebound Significantly from ~5% in 2024 to 15-20% in 2025

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:15 AM ET, November 8, 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

Sara Guaglione / Digiday:
The Washington Post's new Your Personal Podcast, which offers AI-generated customizable podcasts, was developed under a multiyear agreement with ElevenLabs

Ashley Capoot / CNBC:
Disney and OpenAI sign a three-year deal to bring 200+ Disney characters to Sora; Disney will make a $1B investment in OpenAI and become a major OpenAI customer

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

More News

Reuters:
Sources: Trump's transition team is considering Dan Gallagher, a former SEC commissioner and Robinhood's current legal chief, to replace SEC chair Gary Gensler

Earlier Picks

Bloomberg:
An interview with Changpeng Zhao about his four months of incarceration, investing in X, forced separation from Binance, plans for the future, and more
Tom Warren / The Verge:
Nvidia plans to add a 100-hour monthly cap for new Performance and Ultimate GeForce Now users from January 1 to avoid raising prices “in the foreseeable future”
Devindra Hardawar / Engadget:
Mac mini (2024) review: incredibly fast with the M4 Pro, well-equipped for creative work, and smaller design takes less space, but spec upgrades are overpriced
Emma Roth / The Verge:
Microsoft starts rolling out AI-powered text editing feature Rewrite in Notepad, and Generative Fill and Generative Erase features in Paint to Windows Insiders
Maani Truu / ABC:
Australia plans to introduce legislation that would ban children under 16 from using social media, including those who already have accounts or parental consent
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