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November 11, 2024, 10:50 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.
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 …
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 …
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 …
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” …

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This is a Techmeme archive page. It shows how the site appeared at 10:50 AM ET, November 11, 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

Katie Deighton / Wall Street Journal:
WME is selling sports marketing agency 160over90 to Publicis Groupe for, sources say, $500M+; WME bought the agency in 2018 for about $200M

Lucia Moses / Business Insider:
OpenAI partners with Smartly, an adtech company that helps clients optimize ads in real time, to design ad formats that match ChatGPT's conversational interface

Charlotte Tobitt / Press Gazette:
An interview with WSJ EIC Emma Tucker on increasing digital-only subscriptions by 30% to 4.29M since 2023, culture change, events, print, AI tools, and more

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

Earlier Picks

Washington Post:
Research: AI disinfo amplified satire, false political narratives, and hate speech since August; users falsely assessed content authenticity 52% of the time
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
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