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Techmeme
November 1, 2024, 3:45 PM
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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  —  The Pixelmator Team announced the news in a blog post on Friday:  —  Pixelmator has signed an agreement to be acquired by Apple, subject to regulatory approval.
Benjamin Mayo / 9to5Mac:
Satellite services provider Globalstar says Apple took a 20% ownership stake worth ~$400M, and has committed another $1.1B to expand satellite service capacity  —  Satellite services provider GlobalStar today disclosed an expansion of its deal with Apple.  Apple will commit an additional $1.1 billion …
Manish Singh / TechCrunch:
Indonesia bans Pixel smartphone sales, saying Google must comply with rules requiring 40% local content in smartphones, days after banning the iPhone 16 lineup  —  Indonesia has banned sales of Google Pixel smartphones for failing to meet domestic content requirements, days …
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  —  - Amazon, Alphabet, Meta and Microsoft all accelerated spending  — Mixed results from the big tech won't slow 2025 investment
Reuters:
Researchers linked to China's military used Llama 2 to develop an AI model for potential military use; Meta says use of “outdated” Llama 2 would be “irrelevant”  —  Top Chinese research institutions linked to the People's Liberation Army have used Meta's publicly available Llama model …
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  —  Android 16 is launching in Q2 of 2025, which is months earlier than previously expected.  —  •  —  TL;DR
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.
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  —  iPhone drives record September quarter revenue Services revenue reaches new all-time high  —  Apple® today announced financial results …
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”  —  The firm's IMX token is down over 13% at $1.16 following the announcement.  — Immutable said that it received …
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”  —  After helping lead startups' crusade against California AI regulation, the tech policy veteran has new fights to pick.

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From Mediagazer

David Ellison / @ellisonskydance:
David Ellison announces that the combined Paramount and Warner Bros. Discovery will be called Skydance “to preserve what has made each of these studios iconic”

Thuy Lan Nguyen / The Washington Sun:
The Washington Sun is launching a six-month run of a monthly print magazine; the first three issues will be distributed to Washingtonian subscribers

James Faris / Business Insider:
Sources: Comcast is cutting a few hundred streaming technology jobs, mostly at Sky, though some US NBCU workers will be affected

More News

Anthropic:
Anthropic says governments should urgently take action on AI policy in the next 18 months and suggests principles for AI regulation that support innovation
Jordan Novet / CNBC:
Amazon reports Q3 AWS revenue up 19% YoY to $27.45B, vs. $27.52B est., and AWS operating income of $10.45B, vs. $9.15B est., up from $7B in Q3 2023

Earlier Picks

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
Amazon.com, Inc.:
Amazon reports Q3 revenue up 11% YoY to $158.9B, net income up 55% YoY to $15.3B, and operating income up 56% YoY to $17.4B; AMZN jumps 5%+
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, The Verge, HotHardware, Tom's Guide, Platformer, Wall Street Journal, Ars Technica, The Independent, Thurrott, New York Post, TechRadar, Poynter, Entrepreneur, Windows Central, CNBC, London Evening Standard, MEDIANAMA, Axios, Gizchina.com, KnowTechie, Nairametrics, Tech Monitor, Invezz, Tech Startups, PYMNTS.com, Outlook Business, Jakarta Globe, Newser, The Economic Times, Forbes, BGR, The Rundown AI, Silicon Republic, The News International, Shelly Palmer, TechIssuesToday.com, VentureBeat, News18, Inc, Geek News Central Podcast, The Indian Express, YourStory.com, Business Standard, Türkiye Today, GreenBot, NPR, Financial Express, NewsBytes, Phandroid, Mobile World Live, Livemint, MarkTechPost, Near Media, Redmond Pie, Business Today, Adweek, Hindustan Times, 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, Fast Company, Fast Company, New York Times, Wired, Axios, and Washington Post
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
See also Mediagazer
Tom Warren / The Verge:
Microsoft says Windows 10 consumers will only be able to buy one year of Extended Security Updates for $30, after the company ends support on October 14, 2025
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
Emma Roth / The Verge:
Google adds Gemini to Google Maps in the US, with AI-summarized reviews and answers to descriptive questions from users, and adds 150 cities to Immersive View
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