Techmeme
November 21, 2024, 10:55 AM

Top News

Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership  —  President, Global Affairs & Chief Legal Officer, Google & Alphabet  —  As part of its lawsuit over how we distribute Search …
Michael Liedtke / Associated Press:
Filing: the US DOJ asks a judge to force Google to sell Chrome, restrict Android from favoring Google Search, and ban default search deals on iOS and other Oses  —  U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through …
M.G. Siegler / Spyglass:
Forcing Google to sell Chrome sounds good on paper but the reality of it happening is fairly small as it will be extremely messy, if not impossible to execute  —  The idea that Google would be broken up as a result of their loss in the antitrust trial against their Search monopoly was never going to happen.
Paresh Dave / Wired:
Four former Google executives say innovation by rivals is key to breaking Google Search's dominance, and ChatGPT-like tools will one day supplant Google Search  —  Despite shared concerns about Google's power, critics of the company and former executives express little agreement on what …
Brian Fung / CNN:
Bloomberg:
Paige Smith / Bloomberg:
The CFPB will supervise tech companies with digital wallets, like Apple Pay, Google Pay, and Venmo, with 50M+ annual transactions, treating them more like banks  —  The US Consumer Financial Protection Bureau will now treat those companies more like banks as long as they handle …
Daniel Howley / Yahoo Finance:
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% YoY to $30.8B, vs. $29B est., and forecasts Q4 revenue above est.  —  Nvidia (NVDA) reported its Q3 earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines …
Steven Levy / Wired:
How Satya Nadella put Microsoft back on top, including by cleaning up its toxic culture, embracing open source, and crafting the OpenAI deal, as it nears 50  —  When Satya Nadella took over as CEO, the company was lumbering and uncool.  He cleaned up a toxic culture, crafted the deal of the decade, and put Microsoft back on top.
Matt Swayne / The Quantum Insider:
Google Quantum AI and DeepMind researchers debut ML decoder AlphaQubit, which surpasses existing methods in identifying and correcting quantum computing errors  —  - Google researchers introduced AlphaQubit, an AI-powered decoder that improves quantum error correction, reducing errors …
George Hammond / Financial Times:
A profile of Thrive Capital, whose biggest portfolio companies include OpenAI and Stripe, as rivals dismiss the VC firm's approach as closer to asset management  —  As OpenAI raced to raise almost $7bn last month, one investor was always on hand.  Thrive Capital stayed close …
Michelle Conlin / Reuters:
Nick Pickles, who left X as VP of Global Affairs in September, joins Sam Altman's Tools for Humanity, which is building World Network, as chief policy officer  —  Nick Pickles, the former head of global affairs at Elon Musk's social media platform X, is joining forces with one of Musk's rivals, his fellow OpenAI co-founder Sam Altman.
Ronan Farrow / New Yorker:
The Trump administration's promises of mass deportations may lead to increased use of spyware like Graphite; ICE has a $2M contract with Graphite maker Paragon  —  Other Western democracies have been roiled by the use of spyware to target political opponents, activists, journalists, and other vulnerable groups.
Catherine McGrath / Fortune:
Las Vegas-based Monkey Tilt, which combines online gambling with a chat function and content made by influencers, raised a $30M Series A led by Pantera  —  Monkey Tilt launched just eight months ago and has amassed $200 million of monthly betting volume.  —  Online gambling used …
More: Cryptonews
Sarah McBride / Bloomberg:
Colorado-based Enveda, which uses AI to find drug candidates, raised $130M, after raising $55M in June, and launches a clinical trial for an oral eczema drug  —  AI has so far failed to transform health care, but investors are betting on its potential.  —  Enveda Therapeutics Inc. …

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More News

Swetha Gopinath / Bloomberg:
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Earlier Picks

Sara Fischer / Axios:
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