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November 1, 2023, 6:40 PM
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| The Walt Disney Company: |
Disney plans to acquire the 33% stake in Hulu held by Comcast's NBCUniversal, giving Disney full ownership; Disney expects to pay NBCU ~$8.61B by December 1 — The Walt Disney Company (NYSE: DIS) announced today that it will acquire the 33% stake in Hulu, LLC held by Comcast Corp.'s (NASDAQ …
More: Financial Times, Thurrott, The Information, Gizmodo, The Verge, Bloomberg, Variety, Reuters, Deadline, Wall Street Journal, Digital Trends, The Hill, The Hollywood Reporter, CNBC, and iClarified
Bluesky: @diabolique.bsky.social, @epro.social, and @paleofuture.bsky.social
X: @gamoid, @tim_bays, @tim_bays, and @dylanbyers
| Ingrid Lunden / TechCrunch: |
At the UK's AI Safety Summit, the UK releases the Bletchley Declaration, signed by 28 countries and the EU, and the US announces an AI Safety Institute — The world is locked in a race, and competition, over dominance in AI, but today, a few of them appeared to come together …
More: GOV.UK, U.S. Department of Commerce, BBC, The Guardian, The White House, GOV.UK, Engadget, SiliconANGLE, Decrypt, Engadget, The Guardian, Unite.AI, iTnews, Financial Times, Washington Post, Dark Reading, Financial Times, Reuters, Nextgov/FCW, Reuters, Neowin, Tech Monitor, DataBreachToday.com, New Scientist, Reuters, Silicon Republic, CityAM, GOV.UK, Refuge, The Royal Family on YouTube, CryptoSlate, Cointelegraph, Metaverse Post, DatacenterDynamics, PetaPixel, CSO, The Register, and Reuters
X: @racejustice, @jeremyakahn, @damini_satija, @heliaebrahimi, @yougov, @hugogye, @michelledonelan, @tommackenzietv, @slakster, @iainastewart, @tw_seal, @potus, @robertwiblin, @darrenpjones, @matthewclifford, @camerondlwalker, @jturner_uk, @refugecharity, @michaelbhaskar, @sebkrier, @jdr_tech, @helenmargetts, @kashhill, @darrenpjones, @joshgd, @shakeelhashim, @rishisunak, @benioff, @cabinetofficeuk, @tomhfh, @matthewclifford, @halhod, @yuanfenyang, @elonmusk, @joelmiller, and @verajourova
LinkedIn: John Ridd and Alex Kendall
Forums: r/singularity and r/neoliberal
| Financial Times: |
More: Politico, Nikkei Asia, Bloomberg, Android Headlines, Global Times, The Hill, Fortune, CityAM, Reuters, Center for Human …, Politico, TechCrunch, Amnesty International, Bloomberg, Associated Press, Reuters, and Washington Post
Bluesky: @martinsfp.bsky.social. X: @shakeelhashim, @mattsheehan88, @yuanfenyang, @amnestytech, and @allthecitizens. LinkedIn: Michael Hobbs
| Bloomberg: |
A look at Apple's ambition to revolutionize health care: some breakthroughs marred by philosophical disagreements, a culture of conservatism, and tech realities — The company is working on big things, but employees disagree over whether they should be serving people who are healthy or sick.
More: 9to5Google, Android Authority, 9to5Mac, Insider, Wccftech, The Verge, PhoneArena, Gadgets & Wearables, AppleInsider, MacDailyNews, UploadVR, XDA Developers, iClarified, Macworld, BGR, iThinkDifferent, MacRumors, and iDownloadBlog.com
Forums: r/apple and MacRumors Forums
| Mark Gurman / Bloomberg: |
Sources: Apple plans new health features for 2024's Apple Watch, like an elevated blood pressure sensor, and a paid health coaching service, possibly using AI — - AirPods will get hearing-aid capability and hearing tests — AI health coach in the works, as are Vision Pro health tools
More: Gizmodo, Tom's Guide, The Messenger, Pocket-lint, Neowin, CNBC, Digital Trends, SlashGear, MacDailyNews, Droid Life, and Wccftech
| CoinDesk: |
The US SEC charges SafeMoon and its executives for selling unregistered crypto securities and misappropriating investors' funds the team promised were “locked” — Crypto company SafeMoon's CEO and chief technology officer were arrested, accused of withdrawing more than $200M …
More: US Department of Justice, US Securities …, Protos, DL News, Bloomberg, Blockworks, The Block, CryptoPotato, Decrypt, Fortune, Seeking Alpha, CoinGape, FXStreet, Watcher Guru, Cryptonews, CryptoSlate, crypto.news, Coinpedia Fintech News, Bitcoin Insider, Crowdfund Insider, and Cryptopolitan
Bluesky: @epro.social. X: @ednynews, @zekefaux, @cfarivar, @coffeebreak_yt, @adamscochran, and @givnerariel. LinkedIn: Keanu Estañol
Forums: r/SafeMoon, r/barstoolsports, and r/SafeMoon
| Joe Duball / IAPP: |
The EDPB instructs the Irish DPC to ban Meta's use of personal data for behavioral ads on the legal base of contract and legitimate interest in the EU and EEA — An unprecedented shakeup in the advertising technology space has arrived in Europe. Changes are coming to adtech's approach …
More: Reuters, European Data Protection Board, Bloomberg, The Register, Livemint, Mikołaj Barczentewicz, JURIST, Telewizja Polska S.A, NewsBytes, Times of Malta, Head Topics, zylstra.org, and Mobile Dev Memo
X: @johnnyryan, @jduballreports, @gateklons, @joegtjones, @privacat, @gateklons, @privacymatters, @eric_seufert, @privacymatters, @gateklons, @mbarczentewicz, and @gateklons. Forums: Beehaw
| David Pierce / The Verge: |
US v. Google offers a rare look at Google's top 20 queries by revenue for a week in September 2018: iPhone, insurance, cheap flights, online colleges, and more — Not all Google searches make Google money. Google often says that it only shows ads on about 20 percent of queries, the ones it calls “commercial queries.”
More: The Hill, PhoneArena, Search Engine Land, and 9to5Google
| Filipe Espósito / 9to5Mac: |
Apple quietly discontinued Apple Music's $4.99/month Voice Plan, which was introduced in 2021 and let users access the Apple Music catalog exclusively via Siri — Apple this week held a special event to announce new Macs, but what the company didn't tell is that it has just quietly discontinued the … | Brian Steinberg / Variety: |
Shareholder letter: Netflix says its ad tier has 15M+ MAUs globally, accounting for ~30% of new sign-ups where it's available, and plans new ad formats for 2024 — Netflix is ready to use “The Crown,” “Squid Game” and other signature series to take ad dollars from rival streamers.
More: Netflix, PYMNTS.com, Ars Technica, CNBC, Android Authority, PhoneArena, Gizmodo, TVLine, Reuters, AdExchanger, TechRadar, 9to5Mac, PCMag, BGR, The Hollywood Reporter, MSPoweruser, Neowin, Android Headlines, SlashGear, and Deadline
| Ben Thompson / Stratechery: |
If we accept the premise that regulation locks in incumbents, then it's notable that the early AI winners seem the most invested in generating alarm about AI — In 2019, a very animated Bill Gates explained to Andrew Ross Sorkin why Microsoft lost mobile:
X: @esyudkowsky, @bgurley, @_kolossus, @hamandcheese, @packym, @stratechery, @malikpiara, @mattzeitlin, and @katieharbath. Forums: Hacker News
| AI Snake Oil: |
More: Mozilla, DatacenterDynamics, The Hill, Semafor, CPO Magazine, Hardcore Software, Platformer, CNBC, and New York Times
X: @amasad, @random_walker, @matthew_d_green, @soumithchintala, @stevesi, @mozilla, @random_walker, @brian_armstrong, @random_walker, @sriramk, @losslandscape, @ylecun, @dan_jeffries1, @matthew_d_green, @giffmana, @giffmana, @tszzl, @finbarrtimbers, @vote_forpedro, @pwlot, @drjwrae, @sriramk, @krishnanrohit, @canadakaz, @matthieurouif, @repkenbuck, @bznotes, @garrytan, @suhail, @ylecun, @_willfalcon, @paulg, @random_walker, @suhail, and @suhail. LinkedIn: Joelle Pineau
| RT Watson / The Block: |
After securing regulatory approval, Coinbase says that eligible US retail customers can now access BTC and ETH futures contracts via Coinbase Financial Markets — - Coinbase's service offering crypto futures trading to eligible retail U.S. customers is now active and includes “nano” bitcoin contracts.| Sam Tobin / Reuters: |
Apple loses a bid to block a UK lawsuit over allegedly hiding defective iPhone batteries and “throttling” them via updates; Apple calls the lawsuit “baseless” — Apple Inc (AAPL.O) on Wednesday lost a bid to block a mass London lawsuit accusing it of hiding defective batteries …
More: Competition Appeal Tribunal, 9to5Mac, Gizmodo, iTnews, PYMNTS.com, Bloomberg, The Verge, Stack Diary, Android Authority, Neowin, MacDailyNews, MacRumors, and AppleInsider
Forums: r/technology and MacRumors Forums
| Ron Miller / TechCrunch: |
Snowflake unveils Snowflake Cortex, a fully managed service designed to help business users and developers work with AI-powered apps on its Data Cloud platform — Companies use Snowflake to store their data in the cloud. With the ever growing interest in generative AI and large language models …
More: InfoWorld, InfoWorld, Dow Jones Newswires, Constellation Research, Forbes, Snowflake, SiliconANGLE, VentureBeat, and Snowflake
LinkedIn: Jonathan Regenstein, Ramanuj V., Ryan T. McBroom, and Doug Cook
| Manya Saini / Reuters: |
PayPal reports Q3 revenue up 9% YoY to $7.4B, vs. $7.38B est., total payment volume up 13% YoY to $387.7B, vs. $377.9B, and forecasts FY 2023 profit above est. — PayPal Holdings (PYPL.O) raised its forecast for full-year adjusted profit above Wall Street estimates on Wednesday …
More: Bloomberg, Dow Jones Newswires, and PayPal
| Sarah Perez / TechCrunch: |
CRM platform HubSpot plans to acquire B2B data provider Clearbit, which has 400K+ users and 1,500+ business customers, and was valued at $250M in January 2019 — HubSpot, the Boston-based marketing software maker and CRM platform, announced today it's acquiring the B2B data provider Clearbit …
More: HubSpot, PYMNTS.com, HubSpot, MarTech, and B2B Marketing Intelligence
X: @jasonlk, @aschwags3, @asanwal, @maccaw, @nicoaferr, @dharmesh, @joaomdmoura, @rauchg, @yaminirangan, @hubspot, @firstround, @amitvasudev_, @mattsornson, @clearbit, and @bhalligan
LinkedIn: Andy Laux and Katie Burke
| Rohan Goswami / CNBC: |
Airbnb Q3: revenue up 18% YoY to $3.4B, vs. $3.37B est., Nights and Experiences Booked up 14% YoY to 113.2M, vs. 112.9M est., and Q4 revenue forecast below est. — - Airbnb reported its third-quarter earnings results after the bell, beating consensus estimates on revenue but falling short … | Joshua Oliver / Financial Times: |
A look back at testimony from Caroline Ellison, Gary Wang, and Nishad Singh and SBF's counterclaims, as the jury prepares to deliberate which version to believe — Former crypto tycoon will soon learn whether he was able to successfully counter his former colleagues' testimony — Four people were in the room.
More: Bloomberg, New York Times, and BBC
| Anna Irrera / Bloomberg: |
HSBC launches a blockchain platform to tokenize ownership of gold held in its London vault; HSBC is one of the world's largest custodians of precious metals — - System creates tokens representing gold in bank's vault — Blockchain allows investors to more easily track gold they own| Jessica Bursztynsky / Fast Company: |
DoorDash reports Q3 revenue up 27% YoY to $2.16B, vs. $2.09B est., total orders up 24% YoY to 543M, and net loss down 75% YoY to $75M; DASH jumps 7%+ — DoorDash reported its “best quarter ever” since its IPO in a number of key categories on Wednesday, which it says was driven partly by efficiency and customer demand as summer ended.
More: The Information, Bloomberg, Barron's Online, Tech Xplore, and DoorDash
| Reuters: |
EA reports Q2 net bookings up 4% YoY to $1.82B, vs. $1.78B est., revenue of $1.91B, up from $1.9B in Q2 2022, and raises its annual profit forecast — Electronic Arts (EA.O) on Wednesday beat analysts' estimates for quarterly net bookings and profit and raised its annual earnings projection …
More: VentureBeat, VentureBeat, Video Games Chronicle, and Dow Jones Newswires
| Todd Spangler / Variety: |
Roku reports Q3 revenue up 20% YoY to $912M, vs. $853.2M est., net loss up 170% YoY to $330M, and forecasts a “similar” YoY ad growth for Q4; ROKU jumps 15%+ — Roku shares rose after the streaming-platform company beat Wall Street expectations for the third quarter of 2023 on the top line.| Hayden Field / CNBC: |
LinkedIn announces a GPT-4-powered AI chatbot that the company calls a “job seeker coach”, available to Premium users, and says the platform now has 1B+ members — - LinkedIn said it surpassed 1 billion members and debuted an AI chatbot billed as a “job seeker coach” and other generative AI tools for Premium members.
More: LinkedIn, Reuters, ZDNet, PYMNTS.com, Gizmodo, Search Engine Journal, TechCrunch, Neowin, MSPoweruser, Engadget, SiliconANGLE, The Hill, and Fast Company. LinkedIn: Tomer Cohen
| Kif Leswing / CNBC: |
Qualcomm Q4: adjusted revenue down 24% YoY to $8.67B, vs. $8.51B est., handset chip sales down 27% YoY to $5.46B, vs. $5.34B est., and a strong Q1 2024 forecast — - Qualcomm reported fourth-quarter earnings on Wednesday that beat expectations for sales and earnings, despite big year-over-year declines …
More: Reuters, The Information, Qualcomm, and Android Central
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