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November 6, 2024, 5:15 PM
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memeorandum
WeSmirchTop News
| Financial Times: |
Elon Musk's gamble on Donald Trump pays off, as Trump wins the race; Trump gave Musk a lengthy shout out in his victory speech, calling him “a super-genius” — “A star is born: Elon,” said Donald Trump in a lengthy shout out to his biggest donor while claiming victory in the US presidential race on Wednesday morning.
More: Wired, Cryptonews, TechCrunch, Mercury News, Forbes, Australian Financial Review, Washington Post, Hollywood Life, Newsweek, Business Insider, New York Times, The Verge, Stratechery, Agence France-Presse, Cryptopolitan, and Gizmodo
Threads: @moskov. X: @mcuban, @elonmusk, @eric_seufert, @galois_capital, @leahfeiger, @elonmusk, @elonmusk, @isaiah_p_taylor, @jamesrbuk, @max_fisher, @catehall, @elonmusk, @nxthompson, @levie, @elonmusk, @iamdcinvestor, @taylorlorenz, @wholemarsblog, @shaunmmaguire, @chafkin, @america, @chrismanfrank, @davidsacks, @andrewyang, @nikitabier, @alifarhat79, @0xfoobar, @cristianoamon, @ehjovan, @newyorker, @cremieuxrecueil, @elonmusk, @allstooweli, and @conorsen
| Annie Palmer / CNBC: |
Jeff Bezos, Sam Altman, Tim Cook, Sundar Pichai, Mark Zuckerberg, Satya Nadella, Michael Dell, and other tech leaders congratulate Trump on his election victory — Leaders of major technology companies congratulated President-elect Donald Trump and Vice President-elect JD Vance on their victory …
More: The Verge, GeekWire, Daily Mail, AppleInsider, 9to5Mac, Hindustan Times, CNBC, The Guardian, iPhone in Canada Blog, News18, Fast Company, iClarified, Fortune, Wall Street Journal, Business Insider, Bloomberg, Daily Mail, HELLO!, New York Times, TMZ.com, CNN, Variety, Gulf Business, Quartz, Deadline, Mediaite, Neowin, Daily Mail, and Business Today
Threads: @zuck, @reidhoffman, @taylorlorenz, @mattnavarra, @anildash, and @theromit
Bluesky: @shultzman.com, @davidrvetter.bsky.social, and @o.simardcasanova.net
| Kevin Roose / New York Times: |
| Financial Times: |
More: BetaNews, CBS News, DeviceSecurity.io, The Guardian, and Tech Funding News
| Rebecca Bellan / TechCrunch: |
Lyft partners with autonomous vehicle startup May Mobility to launch cars in Atlanta in 2025, and self-driving car company Mobileye and smart dashcam firm Nexar — It seems Lyft is hoping to catch up to Uber's string of autonomous vehicle partnerships. — Lyft announced Wednesday three …
More: Lyft, Tech Brew, Robotics & Automation News, The Verge, Electrek, Self Drive News, Reuters, Bloomberg, and Engadget
| Kif Leswing / CNBC: |
Qualcomm reports Q4 revenue up 19% YoY to $10.24B, vs. $9.9B est., guides to a strong Q1, and approves $15B in additional buybacks; QCOM jumps 7%+ after hours — Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and the company guided to a strong December quarter.| Akash Sriram / Reuters: |
Lyft reports Q3 revenue up 32% YoY to $1.52B, vs. $1.44B est, gross bookings up 16% to $4.1B, forecasts Q4 gross bookings above est.; LYFT jumps 20% after hours — Lyft (LYFT.O) forecast current-quarter gross bookings above estimates after beating September-quarter sales on Wednesday …
More: SiliconANGLE, Investor's Business Daily, Bloomberg, VentureBeat, MarketWatch, Lyft, and Benzinga
| David Yaffe-Bellany / New York Times: |
Stand With Crypto: US voters elected 253 pro-crypto candidates to the House, compared to 115 anti-crypto candidates, and 16 pro-crypto Senate candidates — The spending spree fueled a string of victories on Tuesday for congressional candidates who had expressed support for cryptocurrencies.
More: Gizmodo, Fox Business, The Daily Hodl, Cryptonews, Bitcoin Insider, Crypto Briefing, Cointelegraph, Yahoo Finance, Cryptopolitan, Decrypt, and CCN.com
X: @brian_armstrong, @ntmoney, @nataliepropy, @logandobson, @travisbloom, @standwithcrypto, and @zguz. Forums: r/CryptoCurrency
| MacKenzie Sigalos / CNBC: |
Republican blockchain entrepreneur Bernie Moreno defeats Senate Banking Chair Sherrod Brown in the Ohio Senate race; crypto PACs gave $40M+ to defeat Brown — Crypto fans are celebrating the results of the Ohio Senate race, where blockchain entrepreneur Bernie Moreno has defeated Senate …
More: Decrypt, CNBC, Time, The Information, The Hill, Bloomberg, New Republic, Washington Post, Cryptopolitan, The Block, The Crypto Basic, Techreport, Coinspeaker, Le Monde.fr, Blockonomi, The Crypto Times, Decrypt, CoinDesk, and CNBC
X: @iampaulgrewal, @bgarlinghouse, @bgarlinghouse, @cameron, @brian_armstrong, @brian_armstrong, @eleanorterrett, @mdudas, @berniemoreno, @cameron, @mdudas, @jbsdc, @charliekirk11, @marietjeschaake, @berniemoreno, @vivekgramaswamy, @garrytan, @periannedc, @yashar, @nsquaredvalue, @tyler, @rasterlyrock, @avichal, @tyler, @cameron, @qwqiao, @mdudas, @intangiblecoins, @cspan, @jchervinsky, @eleanorterrett, @kimdotcom, @mikeisaac, @adamkovac, @viktorbunin, @kmsmithdc, @intangiblecoins, @johnedeaton1, @kylesamani, @shaughnessy119, and @caribwayoflife
| Marc Hochstein / CoinDesk: |
Donald Trump winning the US election vindicates Polymarket, Kalshi, PredictIt, and other prediction betting markets, which heavily favored Trump for months — Tuesday night's election returns were a shocker if you only watched CNN. But not if you'd looked at the betting all along.
More: Wired, DL News, Fortune, New York Times, Decrypt, Axios, Cautious Optimism, Protos, and Blockonomi
X: @shayne_coplan, @kalshi, @polymarket, @shayne_coplan, @0xlstern, @theninaparker, @tier10k, @d_gilz, @typesfast, @0xmikado, @tenreirodaniel, @lessin, @thestalwart, @thestalwart, @polymarket, @mansourtarek_, @mattyglesias, @ecommerceshares, @tyler, @lopp, @zerohedge, @shayne_coplan, @chainlinkgod, @0xmert_, @polymarket, @nicolebehnam, @polymarket, @jillrgunter, @ntmoney, @rleshner, @nic__carter, @dystopiabreaker, @gregusjakub, @naval, @0xgaut, @0xcygaar, @autismcapital, and @thestalwart
| Bloomberg: |
More: Benzinga, Fortune, Times of India, New York Times, Quartz, RTÉ, Dow Jones Newswires, UPI, Proactive, New York Times, Fast Company, Barron's Online, Associated Press, Gizmodo, Wccftech, Bloomberg, Axios, SEC, and CNBC
X: @rkylesmith, @timobrien, @tier10k, @brianstelter, @molly0xfff, @smalls2672, @danprimack, @fredericlambert, and @i
Forums: r/wallstreetbets and r/politics
| Samuel Stolton / Bloomberg: |
The European Commission opens an antitrust investigation into smartphone glass maker Corning for allegedly abusing its market dominance to squeeze out rivals — - EU fears deals with smartphone firms are anti-competitive — Corning pressed to remedy EU concerns with concessions| Sean Hollister / The Verge: |
PlayStation 5 Pro review: high fidelity and frame rate, and smaller, lighter, and quieter than the original PS5, but $699 is pricey and a disk drive costs extra — Sony's $700 PlayStation is here for people who don't want to muck around. … You don't need me to tell you the new PS5 Pro …
More: IGN, TechRadar, Eurogamer.net, Ars Technica, Gizmodo, GamesRadar, Tom's Guide, Polygon, Engadget, Push Square, Washington Post, GameSpot, Mashable, PC Gamer, Gameranx, T3, CNET, GamesHub, PlayStation LifeStyle, The Shortcut, and Club386
X: @genepark, @shannongrixti, and @tomwarren
| Jaspreet Singh / Reuters: |
Match Group reports Q3 revenue up 2% YoY to $895M, vs. $900.9M est., paying users down 3% to 15.2M, forecasts Q4 revenue below est.; MTCH drops 12%+ after hours — Match Group (MTCH.O) forecast fourth-quarter revenue below Wall Street estimates on Wednesday, signaling weak demand …
More: Bloomberg, San Antonio Express-News, and Match Group
| Ian King / Bloomberg: |
Arm reports Q2 revenue up 5% YoY to $844M, vs. $810.9M est., royalty revenue up 23% to $514M, and forecasts Q3 revenue below estimates — - Midpoint of revenue range would fall short of estimates — Shares slip in late trading following the release of earnings| Bloomberg: |
Sources: Saudi Arabia plans a new AI project to rival the UAE's tech hub, backed by $50B to $100B to invest in data centers, startups, new talent, and more — - Entity would build on kingdom's efforts to emerge as AI hub — PIF, Google AI partnership may serve as model for project| Tom Warren / The Verge: |
AMD Ryzen 7 9800X3D review: the $479 Zen 5-based CPU improves gaming performance, day-to-day tasks, and creative workloads, and should be the pick for PC gamers — AMD's 7800X3D successor is also better at non-gaming workloads this time around. … AMD has dominated PC gaming CPU performance for more than two years.
More: Phoronix, PC Gamer, TechSpot, Eurogamer.net, Laptop Mag, Forbes, PCGamesN, Wccftech, Club386, Digital Trends, Windows Central, XDA Developers, and WePC
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