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Techmeme
November 8, 2024, 8:45 PM
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Top News

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
Forbes:
AI startup founders and VCs hope that a Trump administration will lead to lighter regulations and the return of real acquisitions, not “contorted” ones  —  Practitioners expect more acquisitions and less oversight in a Trump administration expected to repeal Biden's executive order.
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
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
Elizabeth Dwoskin / Washington Post:
With Elon Musk's ascension in Trump's orbit, tech leaders on the right hope to steer the second Trump administration, bringing a startup ethos to the government
Umar Shakir / The Verge:
Google rolls out its Gemini-powered Vids app that lets users create video presentations using a prompt, with full access for Workspace users until at least 2026  —  Google is generally rolling out its Gemini AI-powered Vids app that lets you create video presentations using a prompt.
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
Andrew Cunningham / Ars Technica:
Apple has added a High Power performance mode, previously reserved for its Max chips, to the M4 Pro in both the Mac mini and in the new MacBook Pro  —  First Mac mini redesign in almost 15 years highlights how good the insides are. … The Mac mini will celebrate its 20th birthday in January.
Igor Bonifacic / Engadget:
Palworld developer Pocketpair says Nintendo and Pokémon Company are seeking ~$65K in damages in their lawsuit and lists three patents it's accused of infringing  —  No, Nintendo probably isn't going easy on the studio.  —  Nintendo and the Pokémon Company are seeking approximately $65,700 …
Ingrid Lunden / TechCrunch:
Sources: Upwind, which sells tools to secure cloud infrastructure, is raising a $100M Series B at a $850M-$900M valuation, after raising $50M in September 2023  —  Cybersecurity continues to command a lot of attention from enterprises looking for better protection from malicious hackers, and VCs want in on the action.
Sabrina Willmer / Bloomberg:
A US judge sentences Russian-Swedish national Roman Sterlingov to 12.5 years for operating crypto mixer Bitcoin Fog from 2011 to 2021, laundering ~$400M  —  The founder of a cryptocurrency mixing service known as Bitcoin Fog was ordered to serve 12 1/2 years in prison for laundering tens …
Mark Hachman / PCWorld:
Mercury Research: AMD's desktop CPU market share, in units, grew from 19.2% in Q3 2023 to 28.7% in Q3 2024 and from 19.5% to 22.3% for mobile in the same period  —  AMD's desktop CPU market share jumped nearly 10 percent in the last year, an analyst reported Thursday, on the heels …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:45 PM 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

Winston Cho / The Hollywood Reporter:
A group of consumers refiles a lawsuit to unwind Paramount's WBD deal, citing HBO Max and Paramount+ bundling, the ouster of DC Studios heads, and budget cuts

Alex Sherman / CNBC:
Sources: in its next US TV deal, the NHL seeks a 50%-100% increase over its seven-year, $4.5B contract with ESPN and TNT; formal talks can begin on January 1

Matthew Keys / TheDesk.net:
Newsmax reported Q3 net income of $15.2M and revenue up 52.5% YoY to $69M, including a one-time $14M termination payment for a canceled ad deal; NMAX rose 31.4%

More News

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
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

Earlier Picks

Aoyon Ashraf / CoinDesk:
Block says it is investing less in music streaming app Tidal and winding down decentralized “Web5” venture TBD to focus on its bitcoin mining rigs and wallet
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
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”
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