Techmeme
October 17, 2024, 7:00 PM

Top News

Miles Kruppa / Wall Street Journal:
Prabhakar Raghavan will leave his role overseeing Google search and ads products, to be replaced by Nick Fox; Raghavan will become Chief Technologist  —  Prabhakar Raghavan, the most senior Google executive overseeing its search engine and ads products, is leaving the role after a four-year tenure leading …
Sarah Whitten / CNBC:
Netflix reports Q3 revenue up 15% YoY to $9.83B, vs. $9.76B est., paid memberships up 14% to 282.72M, vs. 282.15M est., and net income of $2.4B  —  LOS ANGELES — Netflix reported earnings after the bell.  Here are the results.  — Earnings per share: $5.40.  That may not compare with the $5.12 expected by LSEG.
Sarah Wynn / The Block:
The FBI charges Alabama man Eric Council Jr. with hacking the SEC's X account on January 9, 2024 to post a fake announcement about approving spot bitcoin ETFs  —  - Eric Council Jr., 25, was charged with “conspiracy to commit aggravated identity theft and access device fraud.”
Ina Fried / Axios:
Sam Altman's Worldcoin rebrands as World, unveils a new Orb powered by Nvidia's Jetson chipset, plans to integrate its ID verification into other software, more  —  - It also is updating its mobile app to support “mini apps” from various third parties.  —  World said the new version …
Rich Woods / XDA Developers:
Qualcomm cancels the Snapdragon Dev Kit, which was supposed to ship in June, and will offer refunds, as the product failed to meet its “standards of excellence”  —  - Qualcomm canceled the Snapdragon Dev Kit & will offer refunds, as the product failed to meet its “standards of excellence”.
Emma Roth / The Verge:
On a podcast, Donald Trump says Tim Cook called him “hours ago” to complain about EU fines and that Cook said the EU uses fines “to run their enterprise”  —  Donald Trump said Apple CEO Tim Cook called him to discuss the billions of dollars that Apple has been fined in the European Union.
Bloomberg:
Sources: the EU warns X that it may calculate fines against X by including Elon Musk's other companies' revenue; the DSA can fine 6% of global annual revenue  —  - Commission may base fine on revenue from Musk's ventures  — Investigators haven't come to a conclusion about fining X
Financial Times:
Sources: last week, Meta fired ~24 staff in LA for using $25 meal credits to buy household items, as it restructures WhatsApp, Instagram, and Reality Labs teams  —  The terminations took place last week, just days before the $1.5tn social media company separately began restructuring certain …
Kali Hays / Fortune:
More: Social Media TodayThreads: @kalihays1 and @mac_ryan_
X: @realneilraina and @lexnfxForums: Blind
Forbes:
Sources: Stripe is in talks to acquire startup Bridge, a provider of infrastructure for crypto stablecoins, for $1B; Bridge raised $58M  —  The acquisition, potentially Stripe's largest to date, would come as the $70 billion fintech high-flyer makes a bigger push into stablecoin payments.
Sarah Perez / TechCrunch:
On Apple Pay's 10th anniversary, Apple adds support for Klarna in the US and UK and plans to expand installment loan options and add reward redemptions  —  On Thursday, Apple celebrated 10 years with Apple Pay and announced how the service will evolve in the future, including features …
Kif Leswing / CNBC:
Unity launches the Unity 6 game engine, emphasizing stability, predictable updates, and support for hundreds of players in the same virtual world simultaneously  —  Five months into his tenure as CEO of Unity Software, Matt Bromberg is overseeing his first big product launch as he tries …
Washington Post:
Instagram rolls out new settings to fight sextortion, like hiding teens' follower lists from potential blackmailers; Meta says the crime is becoming more common  —  Scammers are targeting teens by getting hold of their intimate photos.  —  Instagram says it's rolling out a suite of new settings …
Jagmeet Singh / TechCrunch:
Google adds an option for NotebookLM users to customize audio summaries, launches a NotebookLM Business pilot, and says 80K+ organizations use the tool  —  Google Thursday updated the audio summarization feature of its AI note-taking and research assistant NotebookLM, which recently gained …
Ingrid Lunden / TechCrunch:
Enterprise data security startup Cyera buys data loss startup Trail Security for $162M in cash and stock; sources: Cyera is raising $200M+ at a ~$3B valuation  —  Cyera, the Israel-founded, U.S.-based cybersecurity unicorn that uses artificial intelligence to build what's known …
Jane Lanhee Lee / Bloomberg:
TSMC reports Q3 revenue up 39% YoY to ~$23.6B and net income up 54.2% YoY to ~$10.1B, both above estimates, boosted by strong sales of Nvidia AI chips  —  - The chipmaker boosts its target for 2024 revenue growth  — Net income soared 54% in better-than-expected results

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
10 ways you can transform your retail business with Zoho Workplace  —  According to Vantage Market Research, the size of the global retail market may reach a staggering $40 trillion by 2030.  That's trillion with a T, followed by thirteen zeros.
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Wed. 12/04 - Spotify Wrapped 2024 Has NotebookLM Baked In
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:00 PM ET, October 17, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Kevin Purdy / Ars Technica:
Google Online Security Blog:
Jessie Yeung / CNN:
Ryan Browne / CNBC:
The Verge:
Lawrence Abrams / BleepingComputer:
Sarah Perez / TechCrunch: