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November 14, 2024, 10:25 AM
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memeorandum
WeSmirchTop News
| Bloomberg: |
Polymarket says the FBI seized CEO Shayne Coplan's phone and electronics; source: the DOJ is investigating Polymarket for allegedly accepting bets from US users — - Polymarket says FBI agents seized CEO's phone, electronics — Platform has taken recent measures to weed out US traders
More: CoinDesk, The Guardian, Axios, Blockworks, TechCrunch, DL News, New York Times, Wall Street Journal, The Independent, Reason, The Daily Caller, The Block, CryptoPotato, Reuters, Fortune, USA Today, Exposing the role …, CCN.com, Barron's Online, Watcher Guru, israelhayom.com, Cryptopolitan, The Crypto Times, Bitcoinist.com, Protos, Nairametrics, Blockhead, Coinspeaker, Techreport, Al Jazeera, CryptoSlate, CoinGape, Reclaim The Net, Business Insider, SiliconANGLE, ZeroHedge News, Bitcoin News, The Information, Fox Business, Decrypt, Cointelegraph, New York Post, CoinJournal, CryptoSlate, Cryptopolitan, UPI, CoinGape, CoinDesk, Crypto Briefing, crypto.news, and Daily Mail
X: @shayne_coplan, @shayne_coplan, @news_of_alpha, @ryansadams, @sarah07144297, @mdudas, @elonmusk, @jseyff, @lucanetz, @elonmusk, @ryansadams, @seanmdav, @packym, @ntmoney, @adamscochran, @trading_axe, @pronounced_kyle, @ryansadams, @nkulw, @rargulati, @brian_armstrong, @pledditor, @qwqiao, @banks, @danprimack, @shaunmmaguire, @micsolana, @cobratate, @spreekaway, @autismcapital, @dogetoshi, @0xmerp, @zck, @joshuaogundu, @ericbalchunas, @dogetoshi, @functi0nzer0, and @mhonkasalo
Forums: Hacker News, r/behindthebastards, r/inthenews, r/news, r/somethingiswrong2024, r/law, r/neoliberal, r/Buttcoin, and r/Conservative
| Javier Espinoza / Financial Times: |
The EU fines Meta €797.72M for tying Facebook Marketplace to Facebook and “imposing unfair trading conditions” on rival websites, the first such fine for Meta — Facebook is undermining rivals by ‘tying’ its free Marketplace services with the social network, Brussels says
More: Meta, TechCrunch, European Commission, Reuters, Washington Post, Silicon Republic, London Evening Standard, Irish Independent, Associated Press, Politico, Wall Street Journal, Bloomberg, The Verge, BBC, Cybernews.com, Times of India, New York Times, Business Insider, Agence France-Presse, Channel NewsAsia, Lawyer Monthly, The Independent, WinBuzzer, lawsociety.ie, Deutsche Welle, and RTÉ
| Tony Romm / Washington Post: |
Sources: the CFPB moves to place Google under formal federal supervision, an extraordinary move that may lead to regular inspections; Google fiercely resisted — The agency aims to conduct more rigorous direct oversight of the tech firm, a major move that Google has resisted in the final months of the Biden administration.| John Voorhees / MacStories: |
Apple releases updates to Final Cut Pro, adding AI-generated closed captions and Vision Pro spatial video editing, and Logic Pro for macOS and iPadOS — Today, Apple revealed the latest updates to Final Cut Pro for the Mac and iPad, with both offering a variety of new features and simplified workflows.
More: Apple, Apple on YouTube, 9to5Mac, London Evening Standard, MacRumors, MacRumors, Technowize, Creative Bloq, BGR, TechRadar, Cult of Mac, Business Standard, GSMArena.com, Financial Express, Neowin, The Mac Observer, Appleosophy, iClarified, iDownloadBlog.com, Tyler Stalman on YouTube, UploadVR, AppleInsider, ProVideo Coalition, iPhone in Canada Blog, CineD, 9to5Mac, PetaPixel, PetaPixel, ZDNET, TechRadar, 9to5Mac, The Verge, The Verge, TechCrunch, and MobileSyrup
Mastodon: @stroughtonsmith …, @stroughtonsmith …, and @snazzyq@mas.to
| Bloomberg: |
Sources: OpenAI plans to launch a new AI agent codenamed Operator, which can use a computer to take actions on a person's behalf, in January 2025 — The new software, codenamed “Operator,” is set to be released in January. — OpenAI is preparing to launch a new artificial intelligence agent codenamed …
More: The Verge, Neowin, TechRadar, Coinmonks, TechCrunch, Android Authority, WinBuzzer, Nairametrics, Gizchina.com, The Decoder, SiliconANGLE, MarkTechPost, Tom's Guide, Tech in Asia, The Information, Quartz, and eWeek
Forums: r/singularity and Slashdot
| Ramish Zafar / Wccftech: |
AMD says it will lay off ~4% of its global staff to align “resources with our largest growth opportunities”; SEC filing: AMD had 26,000 staff at the end of 2023 — According to a spokesperson, chip designer Advanced Micro Devices, Inc., is laying off a portion of its global workforce.
More: Network World, Financial Express, Tech Startups, Tom's Hardware, CRN, International Business Times, News18, Techreport, Guru3D, Benzinga, Bloomberg, 80 Level, SiliconANGLE, The Information, UPI, VentureBeat, Wall Street Journal, PCMag, Barron's Online, The Verge, Proactive, Engadget, Invezz, The Register, CNBC, PC Gamer, and TechCrunch
| Abner Li / 9to5Google: |
Google says real-time protections against scam calls and malicious apps are rolling out on Pixel 6 or newer devices and coming soon to more Android phones — After demoing at I/O 2024 in May, Google is rolling out real-time Scam Detection for phone calls on Pixel devices.| David Pierce / The Verge: |
Google releases a new free Gemini app for iOS, letting users ask questions and chat via text, voice, or camera, as well as use conversational Gemini Live — In the AI chatbot world, ubiquity is everything. Companies have raced to build desktop and mobile apps for their bots … | Natasha Lomas / TechCrunch: |
UK consumer rights group Which? launches a legal claim against Apple, seeking £3B in compensation, alleging that Apple locked ~40M UK users into iCloud services — U.K. consumer rights group ‘Which?’ is filing a legal claim against Apple under competition law on behalf of some 40 million users …
More: Which?, The Verge, Forbes, AppleInsider, portsmouth.co.uk, Anadolu Ajansı …, 9to5Mac, Metro.co.uk, UPI, ComputerWeekly.com, Wall Street Journal, BBC, MacRumors, Reuters, ITV News, TechRadar, Proactive, Macworld, City A.M., Sky News, LBC, Digital Trends, Telegraph, The Register, TweakTown, NewsBytes, The Independent, Yahoo Finance, Daily Mail, and The Mirror
| Sergiu Gatlan / BleepingComputer: |
FBI and CISA: Chinese hackers breached multiple US telecom companies, compromising the “private communications” of US officials and stealing customer call data — CISA and the FBI confirmed that Chinese hackers compromised the “private communications” of a “limited number” … | Bloomberg: |
Foxconn reports Q3 revenue up 20% YoY to a record ~$57.01B, a ~$1.5B net income, vs. ~$1.41B est., and expects half of its server orders in 2025 to be for AI — - Both beat quarterly profit estimates thanks to AI servers — Hon Hai cloud products to match mobile phone sales in 2025
More: Focus Taiwan, Barron's Online, Wall Street Journal, Reuters, Nikkei Asia, RTÉ, Reuters, Hon Hai, The Indian Express, and BusinessLIVE
| Ian King / Bloomberg: |
Cisco reports Q1 revenue down 6% YoY to $13.8B, vs. $13.77B est., net income down 25% to $2.7B, and forecasts Q2 revenue above estimates — - Company has been working to recover from yearlong slump — Federal government spending is seen as a weak spot for Cisco| Wall Street Journal: |
X names Mahmoud Reza Banki as CFO; Banki, who Trump pardoned for making false statements in January 2021, was Tubi CFO and, a source says, joined X in November — Mahmoud Reza Banki, former Tubi finance chief, joins platform amid financial challenges — Elon Musk's X Corp. named Mahmoud … | Quentyn Kennemer / The Verge: |
Snap unveils new Snapchat location and privacy tools, including letting parents request their teen's location and view their location-sharing settings — Once known only for its self-destructing pics, in recent years Snapchat has sneakily evolved into a location-oriented social media app.
More: 9to5Mac, TechCrunch, The Economic Times, and The Indian Express
| Jess Weatherbed / The Verge: |
Google updates Maps to help users search for products like home goods, clothing, and electronics and find stores nearby, improve traffic reporting, and more — Google has added some new travel and shopping features to Maps that aim to make it easier to find local products and stay on time during busy periods.| Michelle Anindya / Rest of World: |
How Grab built GrabMaps by using data from drivers, users, and merchants in 500+ Southeast Asian cities, adding 800,000+ km of missing roads to OpenStreetMap — The super-app uses its own drivers and cameras to create hyperlocal maps in eight countries. — • JAKARTA, INDONESIA| Lauren Forristal / TechCrunch: |
Google announces new features for the Fitbit Ace LTE, its smartwatch for kids, including family group chats, messaging for siblings, and a new mini-game — Fitbit's Ace LTE, the smartwatch designed for ages 7+, is introducing new features to help families stay connected and get active together.| New York Times: |
A look at “blind box livestreaming”, an e-commerce trend in China that has become an entertaining and, some users and experts said, addictive pastime — How many plastic trinkets would you end up with? The game keeps many addicted, buyers and spectators alike.| Bloomberg: |
Sources: the UK Treasury is planning to introduce legislation on stablecoins and staking; the FCA says it plans to publish a crypto regulatory roadmap “shortly” — - Government to introduce legislation on stablecoins, staking — UK faces industry pressure for clarity as US, EU set pace
More: crypto.news, CoinGape, The Crypto Times, Bitcoin Insider, and Blockonomi
| Claire Che / Bloomberg: |
JD.com reports Q3 revenue up 5.1% YoY to ~$36B, above $35.9B est., and net income up 48% YoY to ~$1.6B, suggesting a recovery in segments of China's economy — - Topline growth was moderate, even off a low 2023 base — Investors want evidence of a broad consumer spending rebound
More: Investor's Business Daily, Reuters, and BusinessLIVE
| Chris Welch / The Verge: |
Sonos reports Q4 revenue down 8% YoY to $1.5B, spent $4M on “app recovery investments”, and has released 16 app updates and “restored 90% of missing features” — Sonos is still trying to climb out from the hole it dug itself earlier this year by recklessly shipping … | Anne Steele / Wall Street Journal: |
Spotify plans to pay incentives to video creators who hit certain viewing thresholds and, in January 2025, to let Premium users view podcast videos without ads — Audio-streaming giant plans to pay hosts to make podcast videos and allow premium subscribers to watch them without ads| Ingrid Lunden / TechCrunch: |
DeepL debuts DeepL Voice to give users real-time text translations of others speaking in one of 13 different languages; DeepL had a $2B valuation in May 2024 — DeepL has made a name for itself with online text translation it claims is more nuanced and precise than services from the likes of Google … | Ava Benny-Morrison / Bloomberg: |
US filing: FTX co-founder Gary Wang, due for sentencing on November 20, built “tools” to help the US detect potential fraud in the stock and crypto markets — - Prosecutors said the Wang offered ‘outstanding’ cooperation — Much like his former FTX colleagues that became government witnesses … Sponsor Posts
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