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Techmeme
November 12, 2024, 1:50 AM
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Top News

Financial Times:
Bitcoin passes $89K for the first time, Tesla closes up 8.96%, Coinbase closes up 19.76%, and Robinhood closes up 7.4%, as investors pile into “Trump trades”  —  Markets expect US president-elect to take light-touch approach to regulation  —  Investors betting that Donald Trump's …
Adam James / The Block:
MicroStrategy says it bought 27,200 BTC for ~$2.03B in cash at ~$74,463 per coin from October 31 to November 10, 2024, taking its total holding to 279,420 BTC
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
Reuters:
Ilya Sutskever says “we're back in the age of wonder and discovery” as AI companies focus on pre-training, inference improvements, and finding the “next thing”  —  Artificial intelligence companies like OpenAI are seeking to overcome unexpected delays and challenges …
Ming-Chi Kuo:
Kuo: Apple plans a smart home IP camera and aims for 10M+ annual shipments, with production scheduled for 2026; Goertek will be the exclusive assembly supplier  —  1. Apple is making its first foray into the smart home IP camera market, with mass production scheduled for 2026, targeting annual shipments in the tens of millions.
Jay Peters / The Verge:
Signal announces a suite of call features, including the ability to share a link to a call, emoji reactions, a “raise hand” button, and a dedicated calls tab  —  Signal is making a bunch of improvements to calls so they are more competitive with Zoom and Google Meet, including the ability to share a link to a call.
Jowi Morales / Tom's Hardware:
LG Display shows off a stretchable display prototype that can expand by up to 50%, more than doubling the previous record of 20% elongation  —  This stretchable display unlocks an infinite number of possibilities.  —  LG Display, one of the global leaders in display technologies …
Jason Koebler / 404 Media:
A look at DeFlock, an open-source project that has crowdsourced the locations of 5,600+ automated license plate reader cameras globally from Flock and others  —  On his drive to move from Washington state to Huntsville, Alabama, Will Freeman began noticing lots of cameras.
The Information:
Sources: more than a year before the election, TikTok execs revamped moderation rules and trust and safety staff to make TikTok more appealing to Trump fans  —  More than a year before Donald Trump's landslide victory in last week's presidential election, TikTok's top leaders insisted …
Emma Roth / The Verge:
iOS 18.2 public beta introduces Share Item Location, letting users share a link with the location of AirTags or Find My accessories with airlines and others  —  Apple will now let you share the location of a lost AirTag with other people.  The Find My feature, called Share Item Location …
Olga Kharif / Bloomberg:
Alameda Research co-CEO Sam Trabucco has agreed to hand over a slew of properties, including his yacht, to FTX creditors as part of a November 3 settlement deal  —  Alexa's New AI Brain Is Stuck in the Lab … Quicktake
Pei Li / Bloomberg:
Filing: a Chinese court agrees to hear a Fortnite-like case against Apple by Bodyreader, a posture correcting app Apple removed in 2020; Bodyreader seeks ~$420K  —  - Beijing court agreed to hear complaint about Apple's practices  — Apple is coming under pressure in its biggest overseas market
Emily Nicolle / Bloomberg:
FTX sues Binance and former CEO Changpeng Zhao, seeking to claw back almost $1.8B it alleges Sam Bankman-Fried fraudulently transferred in a July 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.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:50 AM ET, November 12, 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

New York Times:
Sources: WBD staff are bracing for widespread layoffs as David Ellison wants $6B in “synergies”; the internal mood is grim as staff preferred Netflix's proposal

CNN:
CNN employees and viewers have serious concerns about whether Ellison will uphold CNN's editorial independence amid severe political pressure

Henry Dyer / The Guardian:
UK minister Josh Simons resigns over allegations that a think tank he led has probed some journalists and falsely linked them to a “pro-Kremlin” network

More News

Josh Scott / BetaKit:
Canadian digital bank Neo Financial raised a CA$360M Series D from Shopify CEO Tobi Lütke, Slack co-founder Stewart Butterfield, and others
Lucia Moses / Business Insider:
The NYT says the Tech Guild is ending its strike after a weeklong stoppage; during the strike, dozens of tech workers crossed the picket line

Earlier Picks

Greg Bensinger / Reuters:
Sources: Amazon is developing smart glasses that would guide its delivery drivers to, around, and within buildings, but the tech may take years to perfect
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