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December 2, 2024, 2:40 PM
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| Kyle Wiggers / TechCrunch: |
Intel says CEO Pat Gelsinger retired and left its board on December 1, and names CFO David Zinsner and Client Computing Group GM Michelle Holthaus as co-CEOs — Intel has announced that CEO Pat Gelsinger has retired, effective December 1, and stepped down from the company's board of directors.
More: Intel, CNBC, The Verge, Silicon Republic, International Business Times, Reuters, Ars Technica, CRN, eeNews Europe, Club386, Daring Fireball, Associated Press, PCMag, PCWorld, Observer, MacRumors, Washington Post, Engadget, Financial Times, HotHardware, Neowin, The Register, The Information, UPI, Financial Express, Investor's Business Daily, KitGuru, Columbus Business Journal, Thurrott, Tom's Hardware, Time, Constellation Research, ExtremeTech, Guru3D, PC Gamer, Fortune, XDA Developers, OC3D, Forbes, Benzinga, New York Times, Quartz, Financial Times, NBC News, ServeTheHome, Beebom, realtor.com, TweakTown, Wall Street Journal, Digital Trends, Analytics India Magazine, RCR Wireless News, WinBuzzer, Wccftech, ITPro, News18, Barron's Online, Evertiq AB, Life Style Extra, Mobile World Live, Investopedia, Notebookcheck, Fox Business, Bloomberg Law, Bloomberg, Electronics Weekly, and Yahoo Finance
Bluesky: @harrymccracken.com, @espn2, @bdsams.com, @anildash.com, @quinnypig.com, @caro-milanesi, and @jamesaltonsanders.com
Threads: @markgurman, @mattontech, @lior.s.ronen, @vocino, and @carnage4life
X: @pgelsinger, @pgelsinger, @morningbrew, @mattwbaker, @danielnewmanuv, @ryansmithat, @halvarflake, @_fabknowledge_, @underfox3, @kenli729, @iancutress, @thetranscript_, @patrickmoorhead, @squashbionic, @dylanonchips, @kevinsxu, @wenyee_lee, @herbgreenberg, @aschilling, @andrewcurran_, @iancutress, and @caro_milanesi
LinkedIn: Vijay Vijayasankar, Emil Protalinski, and Udhay Shankar
Forums: r/neoliberal, r/LinusTechTips, and r/intelstock
| Bloomberg: |
Sources: Intel CEO Pat Gelsinger was given the option to retire or be removed after the board lost confidence in his plans to turn around Intel — - Gelsinger was given the option to retire or be removed — Company's CFO and product CEO will serve as interim leaders
More: Entrepreneur, Capital Brief, 9to5Mac, San Francisco Business Times, Yahoo Finance, Computerworld, Fierce Network, ComputerWeekly.com, iClarified, Oregonian, WSYX, eeNews Europe, Windows Central, insideHPC, Business Insider, Channel Futures, Patently Apple, Capacity Media, Thurrott, and MacDailyNews
Forums: r/wallstreetbets and r/hardware
| Kyle Wiggers / TechCrunch: |
AWS launches Data Transfer Terminal to let customers upload their data to AWS Cloud by plugging in their storage devices at a set of physical locations — At its re:Invent 2024 conference in Las Vegas, Amazon on Sunday announced a somewhat unusual new service for Amazon Web Services (AWS) …
More: Amazon Web Services, Inc, ITPro, Blocks and Files, and International Business Times. Forums: Hacker News
| Kyle Wiggers / TechCrunch: |
AWS announces Security Incident Response, a service to help clients prepare for, respond to, and recover from cybersecurity events, including ransomware attacks — Companies often struggle with how to respond to cybersecurity incidents. According to one recent poll, only three … | Financial Times: |
OpenAI CFO Sarah Friar says OpenAI is weighing an ads model, but plans to be “thoughtful”; sources and LinkedIn analysis: OpenAI hired Meta and Google ad talent — ChatGPT maker hires advertising talent from big tech rivals — OpenAI is discussing plans to introduce advertising …
More: The Verge, Inc, The Times, TechCrunch, The Register, PCMag, Search Engine Land, The Wrap, PYMNTS.com, Ghacks, MediaPost, Neowin, Cybernews.com, Proactive, and WinBuzzer
Bluesky: @malwaretech.com, @melissapopp.com, @sethrosenthal, @parismarx.com, @evacide, @myhamismad, @beaverstanacct, @fiveburger, @eaplind, @bsky.esghound.com, @marypcbuk, @mugrimm, @fittarelli.com, @jamespmcleod.ca, @impemboganecue, @alexhanna, @yeets.biz, @edzitron.com, @cianodonnell, @lukaszolejnik, @richarddmorey, @estherschindler, and @rustybrick.com
X: @mrdylancollins and @eric_seufert
| Wall Street Journal: |
The US adds new HBM chip transfer restrictions for China, the fourth attempt in three years to curb China, and adds 140 Chinese companies to its trade blacklist — Export of memory chips used in AI applications is restricted, but delayed announcement gives Chinese companies chance to stock up
More: Reuters, Reuters, Financial Times, The Hill, The Information, Capital Brief, Bloomberg, Washington Post, WinBuzzer, Tom's Hardware, TechRadar, Benzinga, PCMag, Business Insider, Semafor, Yahoo Finance, TechPowerUp, TrendForce News, New York Times, Wired, and Tech in Asia
X: @wadhwa, @fbermingham, @geoffreygertz, @lmatsakis, and @lithos_graphein
| Bloomberg: |
Super Micro says an external review found no evidence of wrongdoing, and plans to hire a new CFO, chief compliance officer, and general counsel; SMCI jumps 30%+ — - Co seeks new CFO, chief compliance officer and general counsel — Firm's auditor had resigned, citing transparency concerns| Jowi Morales / Tom's Hardware: |
OpenWrt releases the $89+ OpenWrt One router, a “hacker-friendly device” with open-source firmware, two Ethernet ports, three USB ports, and dual-band Wi-Fi 6 — This ‘Unbrickable’ router should never fail you. … The group worked together to draft the specifications for this router …
More: The Register, Software Freedom Conservancy, The Verge, How-To Geek, OpenWrt Wiki, OpenWrt Wiki, It's FOSS News, PCMag, and Liliputing
Bluesky: @anildash.com, @natanael, and @jbhall56
X: @wtogami, @papapishu, @conservancy, and @nickblack
Forums: Hacker News, r/technology, and r/openwrt
| Bloomberg: |
Toronto-based AI chip designer Tenstorrent raised a $700M Series D from Jeff Bezos, Samsung, and more at a ~$2.6B valuation and claims nearly $150M in contracts — - Jim Keller's Tenstorrent designs chips and systems for AI jobs — Samsung and LG also among investors in Series D round
More: Crunchbase News, PYMNTS.com, Tenstorrent, Tom's Hardware, Cryptopolitan, Proactive, Quartz, TipRanks Financial, Wall Street Pit, and CCN.com. X: @tenstorrent
| Kyle Wiggers / TechCrunch: |
World Labs, founded by Fei-Fei Li, gives an “early preview” of its first project, an AI system that generates game-like, 3D scenes from a single image — World Labs, the startup founded by AI pioneer Fei-Fei Li, has unveiled its first project: an AI system that can generate video game-like, 3D scenes from a single image.
More: World Labs. Bluesky: @markriedl. X: @martin_casado, @drjimfan, @nickfloats, @drfeifei, @theworldlabs, and @theworldlabs. Forums: Hacker News
| Sidhartha Shukla / Bloomberg: |
CoinGecko: Ripple-linked XRP's market cap passes $137B to become the third-largest cryptocurrency, up from less than $30B on November 5 when Donald Trump won — - The cryptocurrency gained as much as 15% Monday to hit $2.50 — Since the US election it has added over $100 billion in value
More: San Francisco Business Times and Tech in Asia
| Laura Dobberstein / The Register: |
The UN's ITU and the International Cable Protection Committee announce a 40-member global advisory body to support the resilience of submarine telecom cables — On the same day that a submarine cable suspected of having been cut by a Chinese ship was repaired, two major telco bodies convened …
More: The Record, ITU, TechRadar, and Total Telecom
| Mark Bergen / Bloomberg: |
Amsterdam-based Nebius, which rebranded itself from Russian internet giant Yandex and offers cloud services for AI, raised $700M from Nvidia, Accel, and others — Nebius Group NV, the technology company rebranded from Russian internet giant Yandex, has raised $700 million from a slate … Sponsor Posts
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