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November 29, 2024, 6:35 PM
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| Ingrid Lunden / TechCrunch: |
Sources: Meta plans to build a fiber-optic subsea cable that is 40,000+ kilometers long and extends around the world, a project that could cost more than $10B — Meta, the parent of Facebook, Instagram, and WhatsApp, is the second-biggest driver of internet usage globally.
More: The Verge, International Business Times, SiliconANGLE, Business Insider, Tom's Hardware, Neowin, WinBuzzer, TechSpot, iPhone in Canada Blog, Nairametrics, Engadget, Silicon UK, Telecoms Tech News, ZeroHedge News, Benzinga, NewsBytes, Reuters, CNBC, and Capacity Media
Bluesky: @seanokane.bsky.social and @sanjanah.bsky.social
Forums: r/technology and Slashdot
| Josh Rubin / Toronto.com: |
Major Canadian news organizations, including Torstar, Postmedia, and CBC, sue OpenAI, alleging breach of copyright and terms of use — A broad coalition of Canada's major news organizations, including the Toronto Star, Metroland Media, Postmedia, The Globe and Mail, The Canadian Press and CBC …
More: Washington Post, Postmedia, The Information, TechCrunch, The Verge, The Hill, BetaKit, Reuters, Business Insider, CBC News, The Guardian, MobileSyrup, financialpost, iPhone in Canada Blog, The Hollywood Reporter, Deadline, The Logic, Bloomberg, and Globe and Mail. Bluesky: @mickeydjuric.bsky.social
| Akila Quinio / Financial Times: |
Sources: European regulators rebuked Wise in 2022 after finding it lacked proof of address for hundreds of thousands of customers, forcing it into remediation — Regulatory review in 2022 found fintech lacked proof of address for hundreds of thousands of customers
More: PYMNTS.com, Tech Monitor, The Paypers, Finextra, and Reuters
| Sergiu Gatlan / BleepingComputer: |
Report: Russia arrested notorious cybercriminal Mikhail Matveev for developing malware and running hacking groups; US DOJ filed charges against him in 2023 — Russian citizen and notorious ransomware affiliate Mikhail Pavlovich Matveev (also known as Wazawaka, Uhodiransomwar, m1x …
More: Engadget and DataBreaches.Net
| Shannon Connellan / Mashable: |
Bluesky replies now default to appear by “hotness”, which weights liked replies that are more recent more heavily; some say this rewards clout farming like X — Not everyone is happy about it being the default. — Bluesky replies will now default to appear by “hotness” … | Vanessa Friedman / New York Times: |
How Amazon Haul, a storefront for fashion, home, and other items at “ultralow prices”, reflects the “haul” shopping phenomenon popularized by YouTube and TikTok — It is the shopping phenomenon of our times, and now it's an Amazon store.
More: Fast Company, Bloomberg, MakeUseOf, Althouse, and Tech in Asia
Bluesky: @ibogost.bsky.social and @ibogost.bsky.social
| Allison Johnson / The Verge: |
Samsung Galaxy S24 FE review: reasonable price, telephoto camera, and a big screen, but the screen isn't that sharp and other ~$500 phones offer more value — The S24 FE feels less like a ‘Fan Edition’ and more like an exercise in retail positioning. … There's something bugging me about Samsung's “Fan Edition” phone line.
More: Android Central, Android Police, Digital Trends, IGN, Tom's Guide, Notebookcheck, and PhoneArena
| Craig Coben / Financial Times: |
MicroStrategy is now the largest corporate holder of bitcoins, owning ~2% of them, and its stock is up 450%+ this year, as its risky bitcoin strategy continues — Despite massive fundraising plans, the stock is up 450% this year, valuing the company at about $90bn| Bloomberg: |
Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chip startup Rapidus — - Ishiba promised more than ¥10 trillion in outlays on chips, AI — Some of the funds are seen going to foundry startup Rapidus| The Information: |
Sources: ByteDance execs fear that launching its own AI models, or apps powered by the models, in the US could give lawmakers another excuse to attack TikTok — TikTok owner ByteDance, whose artificial intelligence chatbot is a major hit in China, wants to compete worldwide in generative AI.| Financial Times: |
Sequoia's former China unit HongShan is pushing for deals in Europe and North Asia, as it struggles to deploy $9B due to a weak domestic market and US controls — Neil Shen's HongShan has struggled to invest its $9bn cash pile in a weak domestic market and tough US controls
More: TechCrunch, Inc42 Media, This Week in Fintech, and TechCrunch
| Victoria Kim / New York Times: |
Details of Australia's social media ban for kids remain unclear, such as how to enforce it and what platforms it covers; kids and parents won't face punishment — The law sets a minimum age for users of platforms like TikTok, Instagram and X. How the restriction will be enforced online remains an open question.
More: The Information, PhoneArena, CBC News, Reuters, Fortune, MediaPost, The Indian Express, CMU, Wccftech, The Economic Times, Agence France-Presse, NewsBytes, 9News, Business Today, NEOS KOSMOS, The Guardian, New York Times, ABC, Crikey, NBC News, The Hill, Althouse, Business Insider, Forbes, Just The News, PhoneArena, Reuters, Axios, 9to5Mac, and Semafor
| Bloomberg: |
More: Prime Minister of Australia, The Guardian, The Sun, Associated Press, BBC, Sherwood News, BetaNews, TechSpot, Silicon UK, The Indian Express, The Information, 9to5Mac, RedState, TweakTown, CCN.com, The Economic Times, Silicon Republic, Tech Xplore, Deutsche Welle, Yahoo News, Business Today, CleanTechnica, News18, BusinessLIVE, SiliconANGLE, Kyodo News+, The Independent, ABC, The Guardian, Crikey, CNN, The Register, Reuters, WAGA-TV, Benzinga, New York Times, Tech.co, iPhone in Canada Blog, The Sun, The Verge, Engadget, IGN, Silicon Republic, Al Jazeera, Boing Boing, UPI, The Indian Express, Newser, Meta Australia Policy Blog, TechCrunch, Metro.co.uk, and Patently Apple
Mastodon: @ameel@mastodon.social. Bluesky: @bartorchard.daliban.social and @theronbaumann.bsky.social. X: @cameronwilson
LinkedIn: Marcus Carter and Stephan A. Schwartz
Forums: r/askspain and r/worldnews
| Claire Che / Bloomberg: |
Didi reports Q3 revenue up 5% YoY to $7.44B and a net income of $128M, its second straight quarterly profit, as the company prepares for a Hong Kong IPO — How Swiggy Beat Amazon to 13-Minute Grocery Deliveries in India … Quicktake
More: DiDi Global, Reuters, and Tech in Asia
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| Ella Creamer / The Guardian: |
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Bluesky: @kint.bsky.social. X: @compbureau, @khushitavasant, @chrispavlovski, @mediamorphis, @jason_kint, @mgeist, @jason_kint, and @paulvieira. LinkedIn: Gunes Menghwar
Forums: r/technology and Slashdot