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Techmeme
November 26, 2024, 8:40 AM
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Thomas Gryta / Wall Street Journal:
The US awards Intel up to $7.865B under the CHIPS Act to help build or expand chip plants in Arizona, New Mexico, Ohio, and Oregon, including $1B+ later in 2024  —  Government grant is less than originally expected because the chip giant is also receiving separate funding for defense
Gian Volpicelli / Bloomberg:
Bluesky says it is working to comply with EU rules and is consulting with its lawyers, after the bloc accused the social network of flouting its regulations  —  Bluesky said it's working to comply with European Union rules after the bloc accused the fast-growing social media platform of flouting its digital regulations.
Casey Newton / Platformer:
A look at Bluesky's moderation efforts as its growth surges; Bluesky plans to quadruple the size of its contract workforce of content moderators from 25 to 100  —  This article includes references to child sexual abuse material (CSAM).  —  Aaron Rodericks didn't know what he was looking at.
Wall Street Journal:
A ransomware attack on major supply chain software provider Blue Yonder is disrupting operations at Starbucks, the UK's Sainsbury's and Morrisons, and others  —  Attack strikes operations managed through Blue Yonder, one of the largest supply chain technology providers
Foo Yun Chee / Reuters:
Google proposes Search tweaks in Europe to comply with the DMA, including removing the map showing hotel locations and results in Germany, Belgium, and Estonia  —  Google has proposed more changes to its search results in Europe after some smaller rivals complained about lower traffic …
Chris Welch / The Verge:
Threads begins testing an option to set For You, Following, or a custom feed as the default, another improvement seemingly sparked by competition from Bluesky  —  Threads will now let users decide what feed they want as their default when opening the app.  Meta CEO Mark Zuckerberg announced …
New York Times:
Huawei unveils the $760+ Mate 70 series, powered by its HarmonyOS Next, calling the flagship device the “smartest” Mate phone, as it faces US chip curbs  —  Last year, a chip breakthrough put Huawei on top of the Chinese smartphone market.  Now it is rolling out its newest phone, the Mate 70 series.
The Information:
Sources: Apple's thin iPhone prototypes are between five and six millimeters thick, and might be too thin for a physical SIM, which could dampen China sales  —  Apple's desire to make its products thinner could dampen sales in China if its engineers can't overcome a design hurdle …
David Gilmour / Mediaite:
Elon Musk appears to confirm that posts containing links in their main text are deprioritized on X, saying it is to stop “lazy linking”  —  Elon Musk confirmed that posts containing links in their main text are deprioritized on X in a revelation that renews criticism that the platform …
Teresa Xie / Bloomberg:
Tron founder Justin Sun invests $30M in Trump's World Liberty Financial, making him the largest investor in the DeFi project  —  - China-born crypto entrepreneur is project's largest investor  — SEC sued Sun last year for violating securities regulations
Bill Donahue / Billboard:
Drake launches legal action against UMG and Spotify for allegedly using bots, payola, and more to inflate Kendrick Lamar's Not Like Us, a track attacking Drake  —  In a legal petition, the star's company accuses UMG of serious wrongdoing — a stunning twist months after his high-profile feud with Kendrick.
Bloomberg:
Sources: Qualcomm's interest in an Intel acquisition has cooled; CEO Cristiano Amon says “right now, at this time, we have not identified any large acquisition”  —  - A deal would likely have been one of the largest ever in tech  — Qualcomm “hasn't identified large acquisition,” CEO said
Washington Post:
The US DOJ and Google made their closing arguments in the ad-market antitrust case before Judge Leonie Brinkema, who expressed some skepticism toward both sides  —  Federal prosecutors say Google's dominance of online advertising illegally hurts consumers and small businesses, while the company says it earned its place by being better.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:40 AM ET, November 26, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Alex Weprin / The Hollywood Reporter:
Filing: Byron Allen sold his 10.7% Starz stake over August and September, netting a bit less than $45M; he acquired it from Steve Mnuchin's Liberty 77 for $25M

Wall Street Journal:
MGM Resorts says talks with People Incorporated are over, after each weighed buying the other; MGM amended its voting deal with People, which owns ~27% of MGM

Mark Stenberg / Adweek:
A source and internal figures: Condé Nast forecasts $130M in Q4 US advertising, $35M+ below its goal; Condé Nast says the figures are “materially inaccurate”

More News

Maria Deutscher / SiliconANGLE:
N-able, which sells software for managed service providers and spun off from SolarWinds in 2021, acquires DC-based cybersecurity company Adlumin in a $266M deal

Earlier Picks

Jordan Novet / CNBC:
Zoom reports Q3 revenue up 4% YoY to $1.18B, vs. $1.16B est., a $207M net income, up from $141M YoY, and changes its corporate name to Zoom Communications Inc.
Kyle Wiggers / TechCrunch:
Anthropic announces the Model Context Protocol, an open source standard for connecting AI assistants to data sources
Aisha Malik / TechCrunch:
Instagram adds the ability for users to share their locations with friends via DMs for up to one hour, in select countries
Les Pounder / Tom's Hardware:
Raspberry Pi Pico 2 W review: the new $7 microcontroller is low cost, faster, and adds more RAM and Wi-Fi connectivity, but still uses micro USB
Stephen Nellis / Reuters:
Nvidia unveils Fugatto, an AI model for generating music and audio that can also modify voices, trained on open-source data, and weighs whether to release it
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