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Techmeme
November 2, 2024, 1:30 AM
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Top News

Chance Miller / 9to5Mac:
Popular photo editing company Pixelmator says it has signed an agreement to be acquired by Apple, pending regulatory approval  —  Apple is acquiring the popular photo editing company Pixelmator.  The Pixelmator Team announced the news in a blog post on Friday and said there will be “no material changes” to its apps “at this time.”
Richard Lawler / The Verge:
Okta fixes a flaw present since July 23, 2024 that, under specific conditions, let users log in with any password if the account's username had 52+ characters  —  The vulnerability is fixed now, but Okta said that for three months it could've been used to access accounts with usernames stretching at least 52 characters long.
Bloomberg:
Nvidia will replace Intel in the Dow Jones Industrial Average on November 8, after Amazon replaced Walgreens in February; Intel joined the index in 1999  —  - Intel, Dow Inc. are set to leave the 30-member index  — Nvidia up 3.2% in post-market trading, while Intel is down 2%
Alexander Osipovich / Wall Street Journal:
Polymarket user Fredi9999, a self-described Frenchman, says he bet $30M+ on Trump after analyzing polls; he can't exit his wagers without crashing the market  —  Self-described French trader says he bet more than $30 million on U.S. election after analyzing polls
Michael Kan / PCMag:
Google researchers detail Project Big Sleep, formerly Project Naptime, which used an AI agent to discover a previously unknown and exploitable bug in SQLite  —  The company's experimental AI agent finds a previously unknown and exploitable software bug in SQLite, an open-source database engine.
Jay Peters / The Verge:
Meta rolls out its Quest v71 update, including a redesign of Meta Horizon OS, a calendar app, and the ability to use Travel Mode on a train  —  Meta is introducing some big changes with its Quest v71 update, including a redesign of Meta Horizon OS, a calendar app, and the ability to use Travel Mode on a train.
Microsoft:
Microsoft and a16z jointly share US public policy ideas for AI startups, saying “regulation should be implemented only if its benefits outweigh its costs”  —  Satya Nadella, Chairman and CEO, Microsoft; Brad Smith, Vice-Chair and President, Microsoft, Marc Andreessen …
Malathi Nayak / Bloomberg:
A judge rules Parag Agrawal and other former Twitter executives can proceed with claims that Elon Musk cheated them out of severance pay by terminating them  —  A judge ruled late Friday that former chief executive officer Parag Agrawal and other high-ranking officers can proceed with claims …
More: Benzinga
Anton Shilov / Tom's Hardware:
Intel outlines plan to break free from TSMC manufacturing, including making a majority of Nova Lake CPUs, due in 2026, internally  —  Good days are coming for Intel.  —  Intel's next-generation Panther Lake (via SeekingAlpha) processors will contain 70% in-house silicon, positively affecting the company's margins.

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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.

From Mediagazer

Jennifer Maas / Variety:
Disney reports Q3 revenue up 7% YoY to $25.2B, below $25.4B est., adjusted EPS of $2.06, above $1.85 est., and entertainment revenue up 6% to $11.3B

Katie Robertson / New York Times:
The NYT reports Q2 revenue up 11% YoY to $762.5M, digital-only subscription revenue up 16% to $407.9M, and adjusted operating profit up 16% to $155.3M

Ted Johnson / Deadline:
A US federal judge sets the antitrust trial over Paramount's acquisition of WBD for March 2 to March 19, 2027; Paramount had sought a November start

More News

Reuters:
Disney forms the Office of Technology Enablement to coordinate its use of emerging technologies such as AI and mixed reality, to be led by CTO Jamie Voris
Sarah McBride / Bloomberg:
A profile of YC Head of Public Policy Luther Lowe, who led a California pressure campaign against AI safety bill SB 1047 and aims to fight for “little tech”
Benjamin Mayo / 9to5Mac:
Satellite services provider Globalstar says Apple committed $1.1B to expand satellite service capacity and $400M to buy a 20% equity stake; GSAT closes up 31%
Bloomberg:
The capital expenditures of Amazon, Alphabet, Meta, and Microsoft are set to total over $200B in 2024, as companies accelerate spending to chase AI developments
Callan Quinn / CoinDesk:
Crypto firm Immutable says the SEC issued it a Wells notice related to the sale of its IMX tokens in 2021, and accuses the agency of “regulation by enforcement”

Earlier Picks

Bloomberg:
Former Lacework CEO and former Facebook Global Head of Engineering Jay Parikh joins Microsoft's senior leadership team, reporting directly to Satya Nadella
Mishaal Rahman / Android Authority:
Google plans to release Android 16 in Q2 2025 “to better align with the schedule of device launches”; major Android releases have been in Q3 or Q4 since 2013
Krisztian Sandor / CoinDesk:
Tether reports Q3 net profit of $2.5B, driven by yields on its US Treasury and gold holdings and bringing YTD profit to $7.7B, as USDT's market cap nears $120B
Apple Inc.:
Apple reports Q4 revenue up 6% YoY to $94.9B, and net income down 36% YoY to $14.74B, after paying a $10.2B charge as part of an income tax decision in the EU
Hayden Field / CNBC:
During a Reddit AMA, Sam Altman says GPT-5 likely won't come this year as OpenAI faces “a lot of limitations and hard decisions” in allocating compute resources
Shirin Ghaffary / Bloomberg:
OpenAI unveils ChatGPT Search to let paid users search for timely information using GPT-4o, after testing the feature in July 2024, a direct challenge to Google
More: OpenAI, News.ng, The Verge, Tom's Guide, Wall Street Journal, Platformer, HotHardware, BleepingComputer, Android Headlines, Skift, TechRadar, Poynter, Entrepreneur, Wccftech, New York Post, TechSpot, Tech.co, The Independent, PYMNTS.com, Newser, Thurrott, Jakarta Globe, KnowTechie, Windows Central, Invezz, Tech Startups, Shelly Palmer, Forbes, Ars Technica, MEDIANAMA, The Economic Times, Tech Monitor, The News International, Outlook Business, Gizchina.com, Search Engine Roundtable, London Evening Standard, Silicon Republic, The Rundown AI, Nairametrics, Axios, TechIssuesToday.com, News18, Geek News Central Podcast, Mobile World Live, The Indian Express, YourStory.com, Business Standard, Türkiye Today, NPR, GreenBot, Financial Express, NewsBytes, Adweek, Phandroid, Livemint, CNBC, VentureBeat, Business Today, Skift, MediaPost, Decrypt, CNET, Wall Street Pit, Pocket-lint, Mashable, Digital Trends, TechRepublic, PhoneArena, Proactive, How-To Geek, Android Central, Android Police, Benzinga, The Decoder, Yahoo Finance, Android Authority, 9to5Mac, iPhone in Canada Blog, Yen.com.gh, Neowin, Tom's Guide, TechRadar, ZDNET, Business Insider, MIT Technology Review, GeekWire, MacRumors, Forbes, iClarified, WinBuzzer, The Information, Quartz, PCMag, MIT Technology Review, Washington Post, Fast Company, Fast Company, New York Times, Wired, and Axios
Threads: @hexinab0x, @thiccreese, and @mergesort.  Mastodon: @carnage4life@mas.to
X: @sama, @sama, @parkerortolani, @kimmonismus, @emollick, @stammy, @maxwinebach, @sama, @bindureddy, @benjamindekr, @emollick, @kyliebytes, @rowancheung, @stevenheidel, @embirico, @kimmonismus, @bentossell, @openai, @treiner5, @sama, @snsf, @suhail, @kevinweil, @artemr, @artemr, @altryne, @yampeleg, @openai, and @simonw
LinkedIn: Emil Protalinski, Eric Herbel, Daniel Longoria, and Conor Dragomanovich
Forums: r/technology, r/OpenAI, r/wallstreetbets, and r/ChatGPT
Ryan Christoffel / 9to5Mac:
Kuo: Apple plans to use its own Wi-Fi and Bluetooth chip made using TSMC's N7 process and supporting Wi-Fi 7 in the iPhone 17, reducing its reliance on Broadcom
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