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November 15, 2024, 6:30 PM
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| Yifan Yu / Nikkei Asia: |
Biden admin finalizes its $6.6B CHIPS Act grant to TSMC; money will be disbursed in stages and TSMC is expected to receive at least $1B by the end of 2024 — LIMA, Peru — The Biden administration has finalized its $6.6 billion CHIPS Act grant to Taiwan Semiconductor Manufacturing Co. …
More: U.S. Department of Commerce, The White House, The Hill, Reuters, Washington Post, Financial Times, Bloomberg, GSMArena.com, Washington Times, Wccftech, Agence France-Presse, HotHardware, Engadget, UPI, Fierce Electronics, PhoneArena, Tom's Hardware, Focus Taiwan, Quartz, Android Headlines, Barron's Online, Semafor, New York Times, Phoenix Business Journal, eeNews Europe, Maginative, and DigiTimes
Mastodon: @KimPerales@toad.social. LinkedIn: Sandra Watson, Christine Dotts, and Danielle Waterfield
| Kyle Wiggers / TechCrunch: |
In his amended lawsuit against OpenAI, Musk names new defendants including Microsoft, Reid Hoffman, and ex-OpenAI board member and Microsoft VP Dee Templeton — Musk's lawsuit against OpenAI accusing the company of abandoning its nonprofit mission was withdrawn in July, only to be revived in August.
More: The Register, United States District Court for the Northern District of California, Engadget, Wall Street Journal, The Information, Washington Post, Reuters, Silicon Valley Business …, New York Times, PYMNTS.com, Business Insider, UPI, Entrepreneur, WinBuzzer, The Verge, BBC, Cryptopolitan, Gizmodo, CoinGape, The Hill, Silicon Republic, Crypto Briefing, The Economic Times, and Tech in Asia. Bluesky: @afortknox.bsky.social
| Shakeel Hashim / Transformer: |
More: TechCrunch, Internal Tech Emails, Watcher Guru, The Verge, and Bloomberg
| Financial Times: |
Sources: xAI raised $5B at a $45B valuation, almost double its valuation a few months ago; SpaceX prepares a tender offer that would value the company at $250B+ — Billionaire's rocket builder plots huge share sale while AI start-up closes in on $5bn funding round
More: CNBC, SiliconANGLE, Axios, MarketWatch, Cryptopolitan, Reuters, Fortune, Quartz, Wall Street Pit, ZeroHedge News, Tech Startups, SpaceNews, Business Insider, and The Record
| Ari Levy / CNBC: |
Palantir stock jumps 9% after announcing a move from the NYSE to the Nasdaq; its stock is up 50%+ since reporting better-than-expected earnings on November 4 — Palantir shares continued their torrid run on Friday, soaring 11% to a record, after the developer of software for the military announced plans …
More: Yahoo Finance, Motley Fool, Proactive, Reuters, Barron's Online, Quartz, and Benzinga. X: @levynews
| Peter Blumberg / Bloomberg: |
X sues to block California's AB 2655, aimed at curbing AI-generated deceptive election content on social media, claiming it impinges on free speech — Elon Musk's social media platform X sued to block a California law aimed at curbing AI-generated deceptive election content on social media …
More: Breitbart, The Record, Forbes, Los Angeles Times, CBS News, Engadget, and TechCrunch. Threads: @mathewi
| Bloomberg: |
Filing: Samsung plans to buy back about $7.2B of its own stock in stages over the next year, in one of the larger shareholder return programs in its history — - Samsung's stock soared as much as almost 9% on Friday — Investors fear the company is missing out on the AI boom| Decrypt: |
Eighteen GOP state AGs sue the SEC and its commissioners, including Gary Gensler, alleging crypto regulatory overreach without Congressional authorization — Ahead of an expected regulatory leadership transition following the election of Donald Trump, 18 states have filed suit against the Securities …
More: US Securities …, Inside Bitcoins, Fox Business, Techreport, Cautious Optimism, The Crypto Basic, Bitcoinist.com, Protos, United States District Court for the Eastern District of Kentucky, Coinspeaker, Blockhead, FXStreet, The Crypto Times, Cryptonews, Coinpedia Fintech News, Benzinga, The Hill, ZeroHedge News, CoinGape, Cointelegraph, CryptoSlate, crypto.news, Cryptopolitan, and Watcher Guru. Forums: Slashdot
| Emma Roth / The Verge: |
Mark Zuckerberg says Threads is testing custom feeds for certain profiles or topics; the Threads' version seems easier to use than Bluesky's custom feeds — Threads is testing a way to create custom feeds for certain profiles or topics, Meta CEO Mark Zuckerberg announced on Friday.
More: Mashable, TechCrunch, Engadget, MakeUseOf, Neowin, iPhone in Canada Blog, Pocket-lint, Newser, and Sherwood News
Threads: @zuck, @willoremus, @herb.scribner, @techjournalism, @crumbler, @carnage4life, @thetwolauras, @respectmyplanet22, @realsfdynasty, and @drtheresamacphail
Bluesky: @acee-slater.bsky.social, @editkev.football, @hodgdon.bsky.social, @neighbor.bsky.social, @edavis.dev, @proggrrl.bsky.social, @lc-in-ca.bsky.social, and @blemley.us
X: @mikeisaac and @sarahpereztc
| Luc Cohen / Reuters: |
A senior SDNY prosecutor says the office will devote fewer resources to policing crypto crimes after securing several major convictions, including that of SBF — The U.S. Attorney's Office in Manhattan will devote fewer resources to policing cryptocurrency crimes after securing several major convictions … | Jay Peters / The Verge: |
Bluesky says it has “no intention” of taking user content to train AI tools, ahead of X implementing new terms of service that let it train AI on user content — ‘We do not use any of your content to train generative AI, and have no intention of doing so.’
More: anderegg.ca, Engadget, TechCrunch, The Wrap, PCMag, Digital Trends, and MakeUseOf
Bluesky: @bsky.app, @bsky.app, @00valcho.bsky.social, @mario-y.bsky.social, @p1ombo.bsky.social, @tehninini.bsky.social, @dannymacfinn.bsky.social, @ralanr.bsky.social, @azarynn.etheirys.social, @bluesilverwind.bsky.social, @kimchithecat.bsky.social, @johnny2tehb.bsky.social, @daveys-gaming.bsky.social, @crvscience.bsky.social, @jeffmiracola.bsky.social, @grezydragonlady.bsky.social, @xett.bsky.social, @techviews.bsky.social, @ficmenhitdiff.bsky.social, @hikatamika.com, and @ryandenton81.bsky.social. Forums: Hacker News
| Radio Free Europe/Radio Liberty: |
Apple removes RFE/RL's Svoboda app from the Russian App Store at the demand of Roskomnadzor; Apple also removed recent podcasts by Ekho Moskvy and others — U.S. technology giant Apple has notified RFE/RL that it has removed several of its apps following a request from Russia's media regulator, Roskomnadzor.
More: Reuters, Meduza, Meduza, AppleInsider, 9to5Mac, and MacDailyNews
| Ruxandra Iordache / CNBC: |
Alibaba reports Q2 revenue up 5% YoY to ~$32.4B, below ~$32.7B est., and net income up 58% YoY to ~$6.07B due to the performance of its equity investments — Chinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September quarter, but sales fell short as sluggishness … | Jibin Joseph / PCMag: |
UK mobile operator Virgin Media O2 creates Daisy, an AI-generated “scambaiter” tool that mimics the voice of an elderly woman to waste scammers' time — After a survey found that 71% of Brits want revenge on scammers, mobile operator O2 deploys Daisy, an AI tool that keeps fraudsters on the line to waste their time.
More: O2 on YouTube, Forbes, Virgin Media O2, Cryptopolitan, TechCrunch, PhoneArena, Neowin, PetaPixel, Telecoms Tech News, BGR, Shelly Palmer, MSPoweruser, BetaNews, Total Telecom, Mashable, Computerworld, The Register, Gizmodo, Infosecurity, Telegraph, The Fast Mode, MobileSyrup, Decrypt, The Mirror, GovTech, TechSpot, MakeUseOf, The Independent, KnowTechie, Not the Bee, and Tom's Guide
Threads: @carnage4life, @evilcheltdevil, @stopsatgreen, and @lasserodeck
Bluesky: @benjclarke.me and @moosic.bsky.social
X: @trinitytakei and @geerlingguy
LinkedIn: Seth Ruden, Peter Barclay, Brian Casteel, Lance Spitzner, James Lusher, and Jeff Geerling
Forums: r/Cyberpunk, r/technews, and Slashdot
| David Shepardson / Reuters: |
The US DOJ says Cruise admits to submitting a false report to influence an investigation into an October 2023 crash with a pedestrian and will pay a $500K fine — General Motors' (GM.N) self-driving car unit, Cruise, admitted on Thursday to submitting a false report to influence … Sponsor Posts
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