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Techmeme
November 18, 2024, 3:25 PM
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Top News

Oliver Darcy / Status:
Q&A with The Verge EIC Nilay Patel on a likely FCC Chair Brendan Carr, Elon Musk's alliance with Donald Trump and how it threatens the First Amendment, and more  —  “All of these men are now hopelessly trapped in a problem their own platforms and algorithms created.”
Bloomberg:
Trump names FCC Commissioner Brendan Carr as FCC chair; Carr floated limiting Section 230 and says the FCC has “an important role to play reining in Big Tech”  —  - Senior Republican on panel seeks to rein in tech, backs Musk  — Carr wrote a chapter of Project 2025 on the FCC's priorities
Rob Pegoraro / PCMag:
Brendan Carr claims Big Tech “worked with marketing, ad, & ‘fact checkers’ to punish free speech outlets” and asks tech leaders about NewsGuard partnerships  —  Brendan Carr, currently a senior GOP commissioner, is a longtime opponent of net neutrality regulation …
Bloomberg:
MicroStrategy bought ~51,780 bitcoin for ~$4.6B between November 11 and November 17, its largest purchase since starting in 2020, and now holds $29B+ in bitcoin  —  - Firm announced a $21 billion equity sale plan last month  — Sold 13.6 million shares in past week to fund Bitcoin purchase
Sarah E. Needleman / Wall Street Journal:
Roblox debuts new parental controls and gatekeeping features, like letting parents link accounts to a child's and banning text chat for under 13s outside games  —  Videogame company has denied the allegations and says the new protections were planned before a short seller's report
Anna Irrera / Bloomberg:
Goldman Sachs says it is reaching out to potential partners about plans to spin out its digital-assets platform within 12 to 18 months  —  - The bank is looking to create separate industry-owned company  — Tech allows firms to issue and settle assets on the blockchain
New York Times:
How Substack is betting on politics content and recruiting stars like Nate Silver, as profits remain elusive; sources: Elon Musk sought to buy it in April 2023  —  The newsletter start-up, which once drew an overture from Elon Musk, is betting on politics content and recruiting stars.
Pew Research Center:
News influencers survey: 20% of US adults say they get news from social media influencers, 85% of influencers are on X and 27% identify as right-wing, and more  —  The creators and consumers in the world of news and information on social media  —  Table of Contents Table of Contents
Manish Singh / TechCrunch:
India fines Meta ~$25M and imposes new data rules, over antitrust issues from 2021 when it removed a way to opt out of sharing WhatsApp data with Meta companies  —  India's competition watchdog has ordered WhatsApp to stop sharing user data with other Meta units for advertising purposes …
Reuters:
Sources and ads: Foxconn tells recruiters that help hire iPhone assembly workers in India to remove age, gender, and marital criteria and its name from job ads  —  Apple supplier Foxconn has ordered the hiring agents that help recruit iPhone assembly workers in India to remove age …

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This is a Techmeme archive page. It shows how the site appeared at 3:25 PM ET, November 18, 2024.

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From Mediagazer

Salon:
Salon, launched in 1995 to cover politics, culture, and more, says it is closing: “business realities of independent digital journalism have changed profoundly”

A.J. Katz / The Wrap:
LIV Golf is shutting down after five years and over $5B in Saudi backing, ending its efforts to build a TV audience on Fox and, before that, The CW

Matthew Keys / TheDesk.net:
Nexstar reports Q3 net income up 285% YoY to $250M and net revenue up 78% YoY to $2.1B, as Q3 political ads brought in $317M; results include Tegna numbers

More News

Earlier Picks

Wall Street Journal:
Sources detail efforts by Alphabet and Meta to sink KOSA, which passed in the Senate almost unanimously, by dividing US House lawmakers using culture war issues
Bloomberg:
Sources: Trump's transition team is looking for candidates to lead the US Department of Transportation and develop a framework to regulate autonomous vehicles
Nextgov/FCW:
Sources: CISA Director Jen Easterly and Deputy Director Nitin Natarajan plan to leave the agency on January 20, 2025, when Donald Trump is set to be inaugurated
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