| Sean Hollister / The Verge: |
Epic v. Google: a US judge orders Google to open the Play Store to rivals from November 1 for three years, distribute third-party stores within Play, and more — Google's Android app store is an illegal monopoly — and now it will have to change. … Google will have to distribute rival … | Lee-Anne Mulholland / The Keyword: |
| Reuters: |
Samsung estimates Q3 operating profit up 274% YoY to ~$6.78B, falling short of analysts' estimates of ~$7.66B, as it lags rivals in the booming AI chip market — Samsung Electronics (005930.KS) estimated on Tuesday its third-quarter operating profit jumped 274%, but that was short … | Yoolim Lee / Bloomberg: |
Samsung Electronics issues a rare apology for posting disappointing preliminary Q3 results and plans to review its organizational culture and processes — - Chipmaker has fallen behind rivals in key AI memory segment — Preliminary results show profit, revenue missing expectations| Reuters: |
| Zack Whittaker / TechCrunch: |
Experts have long warned “secure backdoor” systems are impossible; Salt Typhoon's reported hack of US ISPs' wiretap systems exemplifies the risks of backdoors — News broke this weekend that China-backed hackers have compromised the wiretap systems of several U.S. telecom and internet providers … | Joe Rossignol / MacRumors: |
Two Russian YouTube channels posted videos of an alleged new 14-inch M4 MacBook Pro base model, in what could be the worst Apple product leak since the iPhone 4 — Alleged photos and videos of an unannounced 14-inch MacBook Pro with an M4 chip continue to surface on social media … | Bloomberg: |
A US bankruptcy judge approves repaying FTX customers, and FTX is in talks over $1B in seized US assets; in June 2024, FTX had $12.6B, which may rise to $16.5B — - FTX judge approves plan to distribute at least $12.6 billion — Company in talks over $1 billion seized by prosecutors| Kathrin Hille / Financial Times: |
Foxconn Chair Young Liu says the company plans to build a plant in Mexico's Guadalajara to make Nvidia GB200 Blackwell AI servers, as tech decouples from China — Decision to base plant in Guadalajara shows ‘nearshoring’ of supply chains away from China — Electronics manufacturing group Foxconn … | Ryan Broderick / Garbage Day: |
As Meta proudly unveils AI tools, Facebook users find feeds clogged with AI junk, even when Facebook is needed as a civic resource to coordinate disaster relief — Read to the end for furry opera — We're inching closer to the Garbage Day Live election special!!! Over the next few issues, I'll be announcing a new guest.| Digiday: |
TikTok launches Smart+, an AI-powered ad tool that takes on Google's Performance Max and Meta's Advantage+, automating creative, ad targeting, and optimization — TikTok's cultural clout is undeniable, but the ad dollars? Not quite there — yet. — That's where Smart+ comes in … | Lauren Feiner / The Verge: |
A US federal judge has given the FTC the green light to pursue antitrust claims against Amazon, but ruled that some claims under state laws won't move forward — A federal judge gave the Federal Trade Commission the green light to pursue antitrust claims against Amazon, a newly unsealed order reveals … | Charles Duhigg / New Yorker: |
A deep dive into Chris Lehane, super PACs like Fairshake, and some Silicon Valley executives' political savagery, effectively targeting Katie Porter and others — From crypto to A.I., the tech sector is pouring millions into super pacs that intimidate politicians into supporting its agenda.
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| Zack Whittaker / TechCrunch: |
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