| New York Times: |
Sources describe OpenAI and Microsoft's fraying relationship, OpenAI renegotiating its deal for more computing power, Microsoft's own LLM efforts, and more — The “best bromance in tech” has had a reality check as OpenAI has tried to change its deal with Microsoft and the software maker has tried to hedge its bet on the start-up.| 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 … | Ina Fried / Axios: |
| 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.| Reuters: |
| Todd Spangler / Variety: |
| 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 … | Nate Raymond / Reuters: |
X updates its ToS to steer any disputes by users to the US District Court for the Northern District of Texas, whose judges often favor conservative litigants — Elon Musk's X has updated its terms of service to steer any disputes by users of the social media platform formerly known as Twitter … | Sarah Perez / TechCrunch: |
X updates its Privacy Policy to allow third-party “collaborators” to train their AI models on X user data, unless the user opts out, effective November 15, 2024 — On Wednesday, social network X (formerly Twitter) updated its Privacy Policy to indicate that it would allow third-party … | Qianer Liu / The Information: |
Sources: the US is probing if TSMC has been making AI or smartphone chips for Huawei in breach of US sanctions, including Huawei buying chips via intermediaries — The U.S. Commerce Department is investigating whether Taiwan Semiconductor Manufacturing Co. has been making artificial intelligence … | Rohan Goswami / CNBC: |
Sources: Intel is looking to sell at least a minority stake, or possibly a majority stake, worth billions in its Altera subsidiary at a valuation of around $17B — Intel is looking to sell at least a minority stake in its Altera subsidiary that would raise several billion dollars in cash … | Samantha Cole / 404 Media: |
Sources: Matt Mullenweg offered another buyout offer to Automattic staff; Mullenweg appears to have redirected staff's Blind sign-up emails to himself — After an exodus of employees at Automattic who disagreed with CEO Matt Mullenweg's recently divisive legal battle with WP Engine … | Will Shanklin / Engadget: |
The FCC issues new rules that will require all mobile phones sold in the US to be compatible with hearing aids, “after a transition period” — With the number of Americans 65 and older expected to balloon by nearly 50 percent by 2050, the rules will ensure those with hearing loss … | 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”.| 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.| Kali Hays / Fortune: |
Sources: Meta laid off ~100 people, at least the third such incremental layoff at Meta in 2024, separate from those let go for improper use of Grubhub credits — Mark Zuckerberg at Meta Connect in 2024. — Scores of Meta employees have been laid off this week, as the company embraces … | Financial Times: |
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| Sara Fischer / Axios: |
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