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November 25, 2024, 11:10 AM
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Top News

Bloomberg:
Sources: Sony is in the early stages of developing a portable console for PS5 games, building on the PlayStation Portal, although its debut is likely years away  —  - Nintendo's Switch has dominated mobile console space for years  — Rival Microsoft is also developing portable gaming prototypes
James Hunt / The Block:
MicroStrategy bought 55,500 bitcoin for ~$5.4B cash at an average price of $97,862 between November 18 and November 24, taking its holdings to ~386,700 bitcoin  —  - MicroStrategy has purchased another 55,580 BTC for approximately $5.4 billion at an average price of $97,862 per bitcoin.
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”  —  Social media platform that has grown in exodus from Elon Musk's X is accused of not declaring user numbers
Sarah Kessler / New York Times:
US coding boot camp graduates are facing a tough job market due to AI coding tools and mass layoffs; CompTIA: developer job listings are down 56% since 2019  —  Coding boot camps once looked like the golden ticket to an economically secure future.  But as that promise fades, what should you do?
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  —  The RP2350 finally gets Wi-Fi! … It is fair to say that the Raspberry Pi Pico disrupted the maker community in 2021.
New York Times:
Sources: Intel, the biggest recipient of CHIPS Act money, could get less than $8B, after its Ohio plant delays; the US announced $8.5B for Intel earlier in 2024  —  The Biden administration is reducing its award to the pioneering chip maker to less than $8 billion, from $8.5 billion.
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
Gary Marcus / Marcus on AI:
A skeptical look at the new AI scaling “laws”, including post-train duration and “inference time compute”, and why they may fail to predict AI model performance  —  Scaling laws ain't what they used to be  —  “If anything we are seeing the emergence of a new scaling law …

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This is a Techmeme archive page. It shows how the site appeared at 11:10 AM ET, November 25, 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

Rohan Goswami / Semafor:
Sources: some WBD investors warm to David Ellison and his top team, after they were reassured that Paramount's Middle Eastern financing is secure

Alex Weprin / The Hollywood Reporter:
CBS names Tony Dokoupil as the new anchor of CBS Evening News as part of a major overhaul under Bari Weiss; Dokoupil is currently an anchor on CBS' morning show

Nick Vivarelli / Variety:
The UK's Channel 4 names Priya Dogra as CEO, starting March 2026, replacing Alex Mahon, who stepped down after eight years; Dogra currently works for Sky

More News

Brendan Greeley / Financial Times:
A bitcoin reserve is a resilience strategy for the “hodlers”, not the US state, as a long-term bet on bitcoin is bullish on a permanent institutional collapse

Earlier Picks

Washington Post:
Sources: Bill Ackman, Travis Kalanick, and others are involved in the Department of Government Efficiency; Marc Andreessen is a networker for talent recruitment
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