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Techmeme
November 11, 2024, 10:10 AM
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Top News

Mark Gurman / Bloomberg:
Apple's future growth may come from several new Watch- or iPad-level businesses; visionOS 2.2's ultrawide Mac display mode is the Vision Pro's first killer app  —  Apple may never find another product with as much revenue potential as the iPhone, but it can still thrive with several new Apple Watch- or iPad-level businesses.
Michael Burkhardt / 9to5Mac:
Gurman: Apple may release its second-generation Vision Pro between fall 2025 and spring 2026, and it could feature an M5 around when the first Macs get the chip
Emily Nicolle / Bloomberg:
FTX sues Binance and former CEO Changpeng Zhao, seeking to claw back almost $1.8B it alleges was fraudulently transferred by Sam Bankman-Fried in a 2021 deal  —  Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison.
Adam James / The Block:
MicroStrategy says it bought 27,200 bitcoin for roughly $2.03B in cash at an estimated $74,463 per coin, taking its total bitcoin holding to 279,420  —  - MicroStrategy added approximately 27,200 bitcoin for roughly $2.03 billion in cash at an estimated $74,463 per coin.
Bloomberg:
11x, which makes AI bots that help salespeople with common tasks, raised $50M led by a16z at a $320M valuation, after raising a $24M Series A in September 2024  —  Artificial intelligence-powered sales startup 11x has raised $50 million in a new funding round led by Andreessen Horowitz …
a16z crypto:
a16z says it is “very optimistic” that the US government will “foster innovation” in crypto and there is a “pathway for constructive engagement” with regulators  —  Miles Jennings Michele Korver Brian Quintenz  —  We've been flooded with crypto founders asking us …
Zak Killian / HotHardware:
Intel's Robert Hallock admits “our wounds with Arrow Lake not hitting the performance we projected were self-inflicted” and promises fixes for performance gains  —  Speaking plainly, Intel's recently-launched Core Ultra 200 desktop CPUs, code-named “Arrow Lake” …
Frederic Lardinois / TechCrunch:
An interview with Mozilla interim CEO Laura Chambers about Firefox's 20th birthday, growth due to the EU's DMA, privacy, the Google search deal, AI, and more  —  Exactly 20 years ago, Mozilla started shipping version 1.0 of its Firefox browser.  At the time, you could download it or buy …

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This is a Techmeme archive page. It shows how the site appeared at 10:10 AM ET, November 11, 2024.

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From Mediagazer

Michael Savage / The Guardian:
Prince Harry and six other prominent figures face an up to £50M legal bill after losing their phone-hacking case against Daily Mail owner Associated Newspapers

Alex Weprin / The Hollywood Reporter:
The Hill launches The Hill Insider, costing $5.99 per month for exclusive content and $9.99 for an ad-free experience, Nexstar's first major DTC subscription

Dan Mangan / CNBC:
A federal judge orders that E. Jean Carroll be paid $5M plus interest for damages from a verdict holding President Trump civilly liable for sexually abusing her

More News

Taylor Lorenz / User Mag:
Threads becoming inundated with liberal election fraud conspiracies highlights the shift toward a “post-truth” online landscape across the political spectrum
Zachary Small / New York Times:
A painting depicting Alan Turing as the god of AI, which was created by an AI-powered humanoid robot called Ai-Da, sold at a Sotheby's auction for nearly $1.1M
Washington Post:
Research: AI disinfo amplified satire, false political narratives, and hate speech since August; users falsely assessed content authenticity 52% of the time

Earlier Picks

Newcomer:
San Francisco's next mayor, Dan Lurie, a Levi's heir with no political experience, wasn't tech leaders' top choice but is a moderate who aims to work with them
Reuters:
Source: the US ordered TSMC to halt shipments of 7nm or more advanced chips that power AI accelerator and GPUs to Chinese customers starting on November 11
Chun Han Wong / Wall Street Journal:
A profile of Chen Yixin, a Xi Jinping protégé who heads the Chinese intelligence agency accused of likely steering the Salt Typhoon cyberattacks on the US
The Information:
Sources: Orion, OpenAI's upcoming flagship model currently in development, shows a smaller increase in quality from GPT-4 than GPT-4 had over GPT-3 at launch
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