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November 25, 2024, 10:25 AM
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memeorandum
WeSmirchTop 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
More: London Evening Standard, CNET, Gizmodo, HotHardware, Forbes, Tom's Hardware, PCMag, The Sun, TechSpot, Game Developer, Engadget, Benzinga, GameSpot, MSPoweruser, Cryptopolitan, Polygon, Boing Boing, Gematsu, The Verge, TechRaptor, Video Games Chronicle, Cybernews.com, iPhone in Canada Blog, Kotaku, PlayStation LifeStyle, GamesIndustry.biz, GreenBot, TechRadar, Metro.co.uk, Tom's Guide, Press Start, TheGamer, KitGuru, Comic Book, Pure Xbox, WinBuzzer, Neowin, Dexerto, Gameranx, IGN, Wccftech, Push Square, The Shortcut, Android Authority, GamingBolt, Eurogamer.net, Screen Rant, and Oh No They Didn't!
Forums: r/PS5, r/kindafunny, r/technology, r/hardware, r/playstation, r/gaming, and Slashdot
| 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.| 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?
More: Forbes and Freddie deBoer
| 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.
More: CNBC, Computerworld, Proactive, Reuters, Benzinga, The Straits Times, Oregonian, Politico, and Political Wire. Forums: r/hardware
| Peter Chapman / Bloomberg: |
The EU says Corning offered commitments in a bid to settle an antitrust probe over alleged exclusive Gorilla Glass deals, including waiving exclusive clauses — - EU feared deals for smartphone glass were anti-competitive — US firm could avoid hefty fines if remedies are accepted
More: European Commission, The Verge, TechCrunch, and Reuters
| Ingrid Lunden / TechCrunch: |
Tel Aviv-based Appcharge, which helps publishers build websites to sell gaming currencies and other virtual goods, raised $26M at a $100M valuation — As Apple and Google continue to battle with regulators and publishers over whether their app stores are monopolistic, a startup called Appcharge …
More: GamesIndustry.biz and Appcharge
| Kyle Wiggers / TechCrunch: |
PlayAI, which uses AI to clone voices for $49 or $99 per month and recently rolled out AI agents, raised a $20M seed co-led by 500 Startups and Kindred Ventures — Back in 2016, Hammad Syed and Mahmoud Felfel, an ex-WhatsApp engineer, thought it'd be neat to build a text-to-speech Chrome extension for Medium articles.
More: SiliconANGLE, Tech Funding News, and PlayAI Blog
| 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 … | 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| Stephen Nellis / Reuters: |
Nvidia unveils Fugatto, a new AI model for generating music and audio that can modify voices and make novel sounds, trained on open-source data — Nvidia (NVDA.O) on Monday showed a new artificial intelligence model for generating music and audio that can modify voices and generate novel sounds …
More: Moneycontrol, Engadget, NVIDIA, Digital Trends, and NewsBytes
| Aisha S Gani / Bloomberg: |
Klarna reports ~$1.85B in Q1 to Q3 2024 revenue, up 23% YoY, pretax loss down 99% YoY to ~$180K, and Q3 net income up 57% YoY to ~$19.7M, as its US IPO nears — - Buy now, pay later firm's revenue up 23% in nine-month period — Klarna has filed for an initial public offering in the US
More: Klarna US
| Paul Sawers / TechCrunch: |
Italian PE firm Bending Spoons plans to take cloud video platform Brightcove private in a $233M deal; Brightcove, founded in 2004, makes monetization tools — Brightcove, a cloud platform that helps businesses manage and monetize video content, is being taken private by Italian technology …
More: Brightcove Inc.
| Wall Street Journal: |
Sources: in the past year, Cantor Fitzgerald agreed to invest as much as $600M in Tether for 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: Yahoo Finance, CCN.com, Inside Bitcoins, CoinDesk, Bitcoin Insider, Coinpedia Fintech News, The Information, Cryptopolitan, Cryptonews, crypto.news, Crypto Briefing, and Cointelegraph
X: @ryanrodenbaugh, @ccatalini, @ccatalini, @ccatalini, @ccatalini, @silvermanjacob, and @waynevaughan. LinkedIn: Ben Foldy
Sponsor Posts
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Sources:
Sundar Pichai on Gemini 4 and the AI compute crunch
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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| Brendan Greeley / Financial Times: |
More: Bitcoin Insider. Bluesky: @netmojo.ca. X: @tomphilpott, @postdiscipline, and @gilduran76
Forums: r/politics, r/Foodforthought, r/TrueReddit, and r/economy
Earlier Picks
| Washington Post: |
More: Business Insider and New York Times
Bluesky: @conorsen.bsky.social, @carnage4life.bsky.social, @hyperlexic.bsky.social, @jacobbogage.bsky.social, @jacobbogage.bsky.social, @leahmcelrath.bsky.social, @cuthrell.com, @jamellebouie.net, @darrencohen.me, @ericcolumbus.bsky.social, and @jael.bsky.social
X: @faizsays, @jstein_wapo, and @lizzadwoskin
| Reporters Without Borders: |
More: Reporters Without Borders on YouTube. Mastodon: @evacide@hachyderm.io. Bluesky: @campuscodi.risky.biz
| David Pan / Bloomberg: |
More: Coinspeaker. X: @jerallaire, @joshualipsky, @nic__carter, @chrismaurice, @davidpan_1, @africatechsmt, and @pstasiatech
| Mark Gurman / Bloomberg: |
More: HotHardware, T3, Daily Mail, Tom's Guide, Wccftech, Android Headlines, Cult of Mac, 9to5Mac, TechRadar, BGR, Mashable, GSMArena.com, PhoneArena, MacRumors, TechCrunch, Digital Trends, Supercharged, How-To Geek, Patently Apple, AppleInsider, Philip Elmer‑DeWitt, 9to5Mac, MacRumors, and TWICE
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Mastodon: @lapcatsoftware@mastodon … and @lapcatsoftware@mastodon …
X: @scobleizer, @stevesi, @munster_gene, @markgurman, @stevesi, @vadimyuryev, @markgurman, @markgurman, and @theapplehub
Forums: r/apple and MacRumors Forums