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Techmeme
November 26, 2024, 6:50 AM
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Top News

Thomas Gryta / Wall Street Journal:
The US awards Intel up to $7.865B under the CHIPS Act to help build or expand 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
Chris Welch / The Verge:
Threads begins testing an option to set For You, Following, or a custom feed as the default feed, another improvement seemingly sparked by Bluesky competition  —  Threads will now let users decide what feed they want as their default when opening the app.  Meta CEO Mark Zuckerberg announced …
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 …
Wall Street Journal:
A ransomware attack on Blue Yonder, a major supply chain software provider, is disrupting operations at Starbucks, the UK's Sainsbury's, and other retailers  —  Attack strikes operations managed through Blue Yonder, one of the largest supply chain technology providers
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 …
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.
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.
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
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.
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.

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From Mediagazer

Edward Helmore / The Guardian:
AG Todd Blanche defends the White House ban on CNN, MS NOW, and Politico, saying access is “a privilege” and Trump is “sick and tired” of inaccurate reporting

Dominic Ponsford / Press Gazette:
The BBC plans to cut ~90 jobs from BBC Local, aiming to save ~£9.1M, as part of a plan to eliminate ~250 full-time jobs in its Nations division by 2027/28

Reshmi Basu / Bloomberg:
Sources: Getty is in talks with lenders on a potential bankruptcy loan and handing them control through Chapter 11; filings: Getty had $1.3B+ debt as of June 30

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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
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.

Earlier Picks

Kyle Wiggers / TechCrunch:
Anthropic announces the Model Context Protocol, an open source standard for connecting AI assistants to data sources
Katie Roof / Bloomberg:
Austin-based anti-ransomware startup Halcyon raised $100M at a $1B valuation led by Evolution Equity Partners, bringing its total funding to date to $190M
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
Financial Times:
The EU says Bluesky breaches its rules for not disclosing key details about itself, and has asked 27 governments to see “if they can find any trace of Bluesky”
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