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November 26, 2024, 7:01 PM
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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
Jason Koebler / 404 Media:
X files an objection to including X accounts belonging or related to Infowars in the outlet's bankruptcy auction, arguing it has ownership of all X accounts  —  On Monday, X filed an objection in The Onion's bid to buy InfoWars out of bankruptcy.  In the objection, Elon Musk's lawyers argued that X has …
Kyle Wiggers / TechCrunch:
A group published a project on Hugging Face that seemingly granted brief access to OpenAI's Sora, protesting what it calls duplicity and “art washing” by OpenAI  —  A group appears to have leaked access to Sora, OpenAI's video generator, in protest of what it's calling duplicity and “art washing” on OpenAI's part.
Foo Yun Chee / Reuters:
Google proposes Search tweaks in the EU 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 …
New York Times:
Huawei unveils the $760+ Mate 70 series, powered by its HarmonyOS Next, calling the flagship the “smartest” Mate phone, as it continues to face 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.
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
Mia Sato / The Verge:
A lawsuit between two Amazon influencers over allegations of copyright infringement shows the challenges of defining originality and ownership in content  —  One Amazon influencer makes a living posting content from her beige home.  But after she noticed another account hocking the same minimal aesthetic …
Connor Hart / Wall Street Journal:
CrowdStrike reports Q3 revenue up 29% YoY to $1.01B, vs. $982.8M est., a $16.8M loss, compared to a $26.7M profit a year earlier, and raises its FY 2025 outlook  —  Cybersecurity company were dragged down by expected headwinds following one of the worst computer outages ever
Kate Knibbs / Wired:
Analysis finds over 54% of longer English-language posts on LinkedIn are likely AI-generated; LinkedIn says it doesn't track how many posts are created by AI  —  A new analysis estimates that over half of longer English-language posts on LinkedIn are AI-generated, indicating the platform's embrace of AI tools has been a success.
Bill Donahue / Billboard:
Drake initiates legal action against UMG and Spotify for allegedly using bots, payola, and more to pump Kendrick Lamar's Not Like Us, a track that attacks 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.
Teresa Xie / Bloomberg:
Kraken says it is shutting down its NFT marketplace almost two years after it was launched  —  - Holders will have help from support moving NFTs from platform  — NFTs struggle to rebound from the crypto bear market of 2022  —  The crypto exchange Kraken is shutting down its NFT marketplace almost …
Bloomberg:
Sources: Xiaomi prepares a self-designed chip for its smartphones, to reduce its reliance on Qualcomm and MediaTek, with mass production set to begin in 2025  —  - Chinese firm is said to use in-house chips on 2025 phones  — Xiaomi's smartphone, EV businesses needs steady chip supply
Sara Fischer / Axios:
Meta says Threads had 35M new signups since November 1 and is now going on three months of 1M+ million signups per day; Threads had 275M+ MAUs in Q3 2024  —  - Bluesky said last week it now has more than 20 million users. … - According to the new data, another 20 million new signups have been added in the past 11 days.
Axios:
Luma Partners: in Q3, M&A volume in ad tech rose 118% YoY and 26% QoQ and has continued to heat up in Q4 with Samba TV-Semasio, Zeta-LiveIntent, and other deals  —  - The take-private deal is the latest in a flurry of deal flow in the media sector.  — Brightcove, which hosts …
Shirin Ghaffary / Bloomberg:
/dev/agents, which plans to build a cloud-based OS for AI agents that can work across phones, laptops, and cars, raised $56M, a source says at a $500M valuation  —  The company is looking to build an operating system to support a new crop of artificial intelligence products.
David Shepardson / Reuters:
The FCC approves a license for SpaceX and T-Mobile to use Starlink to offer supplemental coverage from space in a bid to extend internet access to remote areas  —  The Federal Communications Commission said on Tuesday it has approved a license for T-Mobile (TMUS.O) and Elon Musk's SpaceX Starlink unit …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:01 PM 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

Jasper Ward / Reuters:
Filing: a US judge dismisses with prejudice Trump's defamation lawsuit against Wall Street Journal regarding a birthday card to Jeffrey Epstein signed by Trump

Reuters:
Independent Russian newspaper Novaya Gazeta plans to shut down after 30+ years, following pressure from Russian authorities and the persecution of its reporters

Amy Chozick / New York Times:
Amy Chozick, who wrote a profile of Elizabeth Holmes, talks about ghosting Nathan Fielder after tentatively agreeing to be filmed for You Can See Everything

More News

Brody Ford / Bloomberg:
HP reports Q4 revenue up 1.7% YoY to $14.1B, Personal Systems revenue up 2% to $9.59B vs. $9.74B est., forecasts Q1 profit below est.; HPQ drops 7%+ after hours
Kif Leswing / CNBC:
Dell Q3: revenue up 10% YoY to $24.4B, vs. $24.67B est., Infrastructure Solutions Group up 34% driven by AI sales, net income up 12%; DELL drops 6% after hours

Earlier Picks

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”
Financial Times:
Telegram's H1 2024 unaudited financial docs: revenue up 190% YoY to $525M, a $335M post-tax profit, and $1.3B in digital assets, vs. nearly $400M at 2023's end
Jordan Novet / CNBC:
Zoom reports Q3 revenue up 4% YoY to $1.18B, vs. $1.16B est., net income up 47% YoY to $207.1M, and drops “Video” from its name, now Zoom Communications Inc.
Teresa Xie / Bloomberg:
Tron founder Justin Sun invests $30M in Donald Trump's World Liberty Financial, making him the largest investor in the DeFi project; the US SEC sued Sun in 2023
Kyle Wiggers / TechCrunch:
Anthropic debuts the Model Context Protocol, an open-source standard for connecting AI assistants to data sources, to help AI models give more relevant answers
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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