Techmeme
November 28, 2024, 1:45 PM

Top News

Ben Westcott / Bloomberg:
Australia's Senate passes a social media ban for children under 16, brushing aside lawmaker concerns on both sides; tech companies could be fined up to AU$50M  —  - Australia's social media laws to be among strictest in world  — Children under age of 16 will be banned from opening accounts
Dan Milmo / The Guardian:
Ofcom: 22.9M UK adults visited Reddit in May 2024, up 47% YoY, making it the fifth biggest social media platform in the UK, above X's 22.1M and LinkedIn's 18.3M  —  Discussion platform takes fifth place in rankings and is the fastest growing large social media platform in the UK
Ingrid Lunden / TechCrunch:
Ofcom: UK adults now spend 4 hours and 20 minutes on average daily online, a jump from 3 hours and 41 minutes in 2023, which was only an 8-minute bump over 2022  —  Adults are spending an average of 4 hours and 20 minutes each day online across smartphones, tablets and computers in the U.K. …
Richard Lawler / The Verge:
Microsoft says a feature to let US users play and buy Xbox games from the Xbox app on Android is “ready to go live as soon as the court makes a final decision”  —  A few weeks ago, Microsoft exec Sarah Bond said that in November, “players will be able to play and purchase Xbox games directly from the Xbox App on Android.”
Kyle Wiggers / TechCrunch:
Alibaba releases 32.5B-parameter QwQ-32B-Preview under Apache 2.0 and claims the “reasoning” AI model beats OpenAI's o1-preview on the AIME and MATH tests  —  A new so-called “reasoning” AI model, QwQ-32B-Preview, has arrived on the scene.  It's one of the few to rival OpenAI's o1 …
Bloomberg:
Sources: the US FTC opens an antitrust investigation into Microsoft, focusing on its cloud and software licensing business and its cybersecurity and AI products  —  - FTC has sent detailed information demand to Microsoft  — Questions focus on software licensing, cybersecurity and AI
Ana Altchek / Business Insider:
On Joe Rogan's podcast, Marc Andreessen criticizes the “raw administrative power” of US agencies like the CFPB, SEC, and FTC, talks Elon Musk and DOGE, and more  —  - Marc Andreessen discussed Elon Musk and the Department of Government Efficiency on Joe Rogan's podcast.
Aisha S Gani / Bloomberg:
Memo: Revolut tells ex-staff who were at the startup for 2+ years and held $100K+ in vested stock that they can join a secondary share sale at a $45B valuation  —  - Ex-workers will be able to cash in at $45 billion valuation  — Secondary share sale began this summer with current employees
More: UKTN
Alex Konrad / Forbes:
Young founders and coders applying for Elon Musk's DOGE cite a range of professional and civic motivations; sources say DOGE is seeking 100 full-time DC hires  —  The incoming Trump administration's planned agency for cutting government excess is seeking 100 full-time hires in the nation's capital …
The Information:

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More News

Mike Masnick / Techdirt:
New York Times:

Earlier Picks

Jon Henley / The Guardian:
Abner Li / 9to5Google:
Kelcee Griffis / Bloomberg:
Bloomberg: