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Techmeme
November 11, 2024, 9:10 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  —  In the latest Power On newsletter, Mark Gurman from Bloomberg reported that the 2nd generation of Apple Vision Pro is expected …
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.
Bloomberg:
FTX sues Anthony Scaramucci, Crypto.com, Mark Zuckerberg's FWD.US, and others to recoup SBF's “investments” during his “campaign of influence-buying” in 2022
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.
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” …
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  —  The number of people using ChatGPT and other artificial intelligence products is soaring.  The rate of improvement …
Bloomberg:
How Swiggy beat Amazon to fast grocery deliveries in India by using an army of gig workers, mini-warehouses, and notable investors, ahead of its November 13 IPO  —  It has an army of gig workers, a fleet of mini-warehouses and big-name investors.  But a knockout trading debut isn't a guarantee.
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  —  Over the past several days, Meta's Threads has become inundated with liberal election fraud conspiracies.

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From Mediagazer

Barbara Moens / Financial Times:
Sources: the EU is set to approve Paramount's $111B WBD takeover provided the company accepts certain remedies, the details of which are still being worked out

Max Tani / Semafor:
Documents: The Daily Wire, founded by conservative podcaster Ben Shapiro in 2015, seeks to raise at least $100M in a round that would value the company at $750M

Perry Stein / Washington Post:
Source: the US DOJ sought to force WaPo and WSJ reporters to testify before a grand jury but withdrew the subpoenas this month after the outlets challenged them

More News

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
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
Miles Kruppa / Wall Street Journal:
Chegg has lost 500K+ subscribers since ChatGPT's launch, and its stock is down 99% from early 2021, as students looking for homework help turn to free AI tools
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