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October 7, 2024, 8:45 AM
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| Mark Gurman / Bloomberg: |
Sources: Apple aims to debut iOS 18.1 and Apple Intelligence on October 28 and unveil a new iPad mini and Macs in late October; some could ship from November 1 — Apple is inching away from its annual product upgrade cycle, a move that could lead to more frequent releases and fewer jarring delays.
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Forums: r/technology, r/hardware, r/apple, r/ios, and MacRumors Forums
| Frederic Lardinois / TechCrunch: |
An interview with AWS CEO Matt Garman on generative AI, AWS' AI chatbot Q, shutting down services, investing in open source, open sourcing projects, and more — It was quite a surprise when Adam Selipsky stepped down as the CEO of Amazon's AWS cloud computing unit.| Reuters: |
Samsung says it is not interested in spinning off its contract chip manufacturing business; sources say it has struggled to win big orders for new chip capacity — Samsung Electronics (005930.KS) is not interested in spinning off its contract chip manufacturing business … | Wall Street Journal: |
eMarketer expects Google's share of the US search ad market to drop below 50% in 2025 for the first time in 10+ years, as Amazon, Apple, and others make gains — A flurry of new offerings for advertisers is hitting the market — Google's grip on the nearly $300 billion search advertising business is loosening.
More: WinBuzzer, Financial Times, TipRanks Financial, Motley Fool, Radio Free Mobile, Yahoo Finance, and The Express Tribune
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LinkedIn: David Wiener and Jordan Steiner
Forums: r/technology and r/wallstreetbets
| John Foley / Financial Times: |
Among US companies founded in the past 20 years, only Meta and Uber have become “scale insurgent”, with $10B in annual revenue and $1B of operating cash flow — More companies are reaching the $1bn valuation milestone, but growing from horned foal to winged steed is getting tougher| Emily Nicolle / Bloomberg: |
SportQuake: crypto companies have spent a record of almost £130M on Premier League sponsorship deals for the 2024/25 season, buoyed by tighter gambling rules — English football club deals with crypto firms are at a record high. … The flood of crypto money into English football is continuing … | Max Tani / Semafor: |
Substack, which still isn't profitable but has added 1M+ paid subscribers over the past year, is trying to become a primary way creators of all mediums get paid — The News — Seven years since its launch, the newsletter platform Substack has consolidated its dominance of the independent news business.
More: Business Insider. Bluesky: @plutopsyche.nicomaramckay.com. X: @semaforben, @emily_sundberg, and @semafor. LinkedIn: Jason Whittaker
| Olesia Safronova / Bloomberg: |
A Ukrainian official says the country's hackers carried out a cyberattack that took down the online broadcasts of 20+ Russian broadcasters, including Rossiya 24 — - Russian state media reported ‘unprecedented’ cyberattack — Disruption coincided with Russian president's 72nd birthday| Daniel Thomas / Financial Times: |
The BBC, ITV, Channel 4, and Channel 5 agree a deal with Amazon to put free streamer Freely, developed by joint venture Everyone TV, on Amazon's US smart TVs — Agreement with US tech company is set to provide a boost to broadcasters' new platform Freely — BBC, ITV, Channel 4 and Channel 5 …
More: Reuters, The Sun, Reuters, RXTV, Broadband TV News, The Media Leader, Deadline, and Advanced Television
| Washington Post: |
Investigation: police in 15 US states used facial recognition in 1,000+ cases since 2020 and routinely failed to tell defendants about their use of the software — A Post investigation found that many defendants were unaware of the technology's role in linking them to crimes, leading to questions of fairness.| Philip Heijmans / Bloomberg: |
UN report: cyber crime syndicates raked in as much as $37B in 2023 and are growing in Myanmar, Cambodia, Laos, and across Southeast Asia despite police efforts — - Operations are becoming more professionalized with use of AI — Casinos, hotels and SEZs being used by cyber crime groups
More: Reuters, PCMag, PhoneArena, and Tech in Asia
| Sylvia Pfeifer / Financial Times: |
Dealroom: US VCs made up 65% of 2024 VC investments in European defense startups, up from 18% in 2023, for a total of $458M, or 3x+ more than in any prior year — American venture capital funds have provided the lion's share of investment to the nascent sector this year
X: @elenlazarou and @pluralplatform
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