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November 24, 2024, 8:00 PM
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memeorandum
WeSmirchTop News
| Mark Gurman / Bloomberg: |
Thoughts on Apple TV's history and future; sources: Apple postponed a larger-than-usual number of iOS 19 features to spring 2026, when iOS 19.4 is set to debut — Apple doesn't need its own TV set. But it should make a low-cost TV streaming stick to bring its content, apps and smart home features to more households.
More: 9to5Mac, TechCrunch, MacRumors, PhoneArena, 9to5Mac, Digital Trends, Supercharged, How-To Geek, MacRumors, Patently Apple, Philip Elmer‑DeWitt, and AppleInsider
Threads: @markgurman, @richardlawler, @andru, @anildash, @markgurman, @markgurman, and @film_girl
X: @scobleizer, @markgurman, @markgurman, @markgurman, @stevesi, @theapplehub, @vadimyuryev, and @munster_gene
Forums: r/apple and MacRumors Forums
| Wall Street Journal: |
Sources: in the past year, Cantor Fitzgerald agreed to invest as much as $600M in Tether for about a 5% stake; Cantor holds most of Tether's $134B in assets — Before becoming Trump's commerce secretary pick, Lutnick deepened Cantor's ties with a stablecoin firm under investigation
More: crypto.news, Coinpedia Fintech News, Yahoo Finance, The Information, Cryptopolitan, Cryptonews, Crypto Briefing, and Cointelegraph
X: @silvermanjacob, @ccatalini, @ccatalini, @waynevaughan, @ryanrodenbaugh, @ccatalini, and @ccatalini. LinkedIn: Ben Foldy
| Bloomberg: |
Sources: Cantor Fitzgerald plans a $2B+ program to lend USD to clients who put up BTC as collateral and is talking with Tether about supporting the program — - Lutnick set to be next commerce secretary under Trump — Howard Lutnick is moving to strengthen his alliance with one of the most important …
More: Reuters, CryptoSlate, DL News, CryptoGlobe, and Coinpedia Fintech News
| Aya Wagatsuma / Bloomberg: |
Shares of Japan's Fujikura, which specializes in fiber optic cables for data centers, are up 400%+ in 2024 due to the AI boom, leading the Nikkei 225 index — - Fujikura has benefited from surging demand for data centers — The global boom in AI has turned an obscure 139-year-old Japanese company into a stock-market star.| Reporters Without Borders: |
Investigation: how hack-for-hire Appin tried silencing 15+ outlets since 2022 over articles, newsletters, and podcasts covering Appin's “ethical hacking” — Whether based in the US, Switzerland, France or India, any media outlet investigating the “ethical hacking” of Appin … | Steven Overly / Politico: |
Q&A with US Commerce Secretary Gina Raimondo on what happens to the $50B CHIPS program under the Trump administration, the future of AI safety, China, and more — With a massive legacy program hanging in the balance, the Commerce secretary wants to get billions in microchip money out the door in the next two months.
X: @jmart, @senatorhagerty, @benjaminhaddad, and @pstasiatech
| Wall Street Journal: |
How Tim Cook developed a personal relationship with Donald Trump, in part by zeroing in on areas of mutual interest between Apple and Trump's agenda — The election is leading to a return of personal lobbying by CEOs, hoping to develop ties with the new administration; Cook's one-topic meals| Washington Post: |
Sources: Marc Andreessen, Travis Kalanick, and others are involved in Department of Government Efficiency; Andreessen is acting as a networker for recruitment — The Tesla executive and the former presidential candidate are meeting with staff and interviewing experts as they plan for massive federal cuts.| Benedict Evans: |
An overview of macro tech trends for 2025, focusing on generative AI, LLMs, scaling challenges with training ever bigger AI models, the capex surge, and more — Presentations Every year, I produce a big presentation exploring macro and strategic trends in the tech industry. For 2025, ‘AI eats the world’.
Threads: @carnage4life, @carnage4life, @carnage4life, @benedictevans, @bogmoroz, and @petemarcus
| Franz Lidz / New York Times: |
How researchers used AI and drones to find 303 previously uncharted Nazca Lines in Peru in six months, almost doubling the number that had been mapped by 2020 — With drones and A.I., researchers managed to double the number of mysterious geoglyphs in a matter of months.| David Pan / Bloomberg: |
A profile of Chris Maurice, the CEO of US stablecoin startup Yellow Card, which operates in 20 African countries and has traded $3B+ worth of crypto in 2024 — Cryptocurrencies that track the dollar are becoming a popular workaround for companies stymied by currency shortages on the continent.| Hugh Son / CNBC: |
Users of banking startups like Yotta detail losing $7,000 to $200K+ in savings due to fintech middleman Synapse's collapse, after US regulators declined to act — For 15 years, former Texas schoolteacher Kayla Morris put every dollar she could save into a home for her growing family.
More: The Information and The Verge
Threads: @tomgara, @casey.langwith, and @theryanford
Bluesky: @replierocelot.bsky.social and @ernie.tedium.co
X: @unacceptableone, @aprilmac, @real_gadfly, @captainsmash, @mikeinohio, @davidb75478, @chuckbell, @hugh_son, and @amir. LinkedIn: Hugh Son
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