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November 6, 2024, 1:20 PM
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memeorandum
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| 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, The Verge, Cryptonews, Business Insider, Stratechery, Washington Post, Business Insider, Forbes, Agence France-Presse, PennLive, New York Times, Cryptopolitan, The Verge, Gizmodo, Alternet.org, and EV
X: @mcuban, @elonmusk, @leahfeiger, @elonmusk, @cristianoamon, @conorsen, @andrewyang, @wholemarsblog, @eric_seufert, @chafkin, @galois_capital, @elonmusk, @isaiah_p_taylor, @jamesrbuk, @max_fisher, @catehall, @elonmusk, @nxthompson, @levie, @elonmusk, @iamdcinvestor, @taylorlorenz, @shaunmmaguire, @america, @chrismanfrank, @davidsacks, @nikitabier, @alifarhat79, @0xfoobar, @ehjovan, @newyorker, @cremieuxrecueil, @elonmusk, and @allstooweli
| Kurt Schlosser / GeekWire: |
Jeff Bezos congratulates Trump on his “political comeback and decisive victory” in a rare X post; Bezos last reacted to Trump's failed assassination on July 13 — Jeff Bezos wasted no time in sending his good wishes to President-elect Donald Trump on Wednesday morning …
More: Wall Street Journal, Business Insider, CNBC, Daily Mail, New York Times, TMZ.com, CNN, Variety, Mediaite, HELLO!, Deadline, and Business Today
Threads: @zuck, @theromit, and @taylorlorenz
| Financial Times: |
A look at Trump's potential new administration, including Elon Musk, tasked with “a complete financial and performance audit of the entire federal government” — The new US president is expected to prize loyalty in his picks for key posts — After clinching the election …
More: Business Insider, The Guardian, and Tech Funding News
| 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, Le Monde.fr, Washington …, New Republic, CryptoPotato, Cryptopolitan, Bloomberg, Washington Post, The Crypto Times, The Block, Decrypt, Coinpedia Fintech News, CoinDesk, The Crypto Basic, Techreport, Coinspeaker, Blockonomi, DL News, Cointelegraph, Fortune, Rolling Stone, and CNBC
X: @iampaulgrewal, @bgarlinghouse, @bgarlinghouse, @cameron, @brian_armstrong, @kylesamani, @brian_armstrong, @johnedeaton1, @kmsmithdc, @cameron, @eleanorterrett, @mdudas, @berniemoreno, @cameron, @mdudas, @jbsdc, @charliekirk11, @marietjeschaake, @berniemoreno, @vivekgramaswamy, @garrytan, @periannedc, @yashar, @nsquaredvalue, @tyler, @rasterlyrock, @avichal, @tyler, @qwqiao, @mdudas, @intangiblecoins, @cspan, @jchervinsky, @eleanorterrett, @kimdotcom, @mikeisaac, @adamkovac, @viktorbunin, @intangiblecoins, @shaughnessy119, and @caribwayoflife
| 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.| The Block: |
Bitcoin passes $74K, hitting an all-time high, and other coins also jump, as Trump wins the US presidential race; bitcoin is up nearly 70% year-to-date — - The largest cryptocurrency by market cap has gained nearly 70% year-to-date and reached a new all-time high today …
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| 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: CryptoSlate, New York Times, DL News, Decrypt, Axios, Blockonomi, Forbes, Cautious Optimism, and Protos
X: @shayne_coplan, @polymarket, @autismcapital, @polymarket, @shayne_coplan, @0xlstern, @theninaparker, @tier10k, @d_gilz, @typesfast, @0xmikado, @tenreirodaniel, @lessin, @thestalwart, @thestalwart, @polymarket, @mansourtarek_, @mattyglesias, @ecommerceshares, @tyler, @lopp, @zerohedge, @shayne_coplan, @thestalwart, @chainlinkgod, @0xmert_, @nicolebehnam, @polymarket, @jillrgunter, @ntmoney, @rleshner, @nic__carter, @dystopiabreaker, @gregusjakub, @naval, @0xgaut, and @0xcygaar
| Michelle Conlin / Reuters: |
Polymarket and Kalshi expect to pay out ~$450M total to US election bettors; Kalshi says 28K bet on Harris, 40K on Trump; one Polymarket user bet $40M on Trump — Thousands who gambled on the U.S. election are looking forward to a potential payout of about $450 million from online gambling sites …
More: Bloomberg, Inc, Semafor, Business Insider, Cryptonews, and CryptoPotato
| Bloomberg: |
More: Gizmodo, Times of India, Associated Press, Quartz, Cryptopolitan, RTÉ, New York Times, UPI, Fast Company, Bloomberg, Barron's Online, Dow Jones Newswires, Proactive, New York Times, Wccftech, Axios, SEC, and CNBC
X: @timobrien, @tier10k, @brianstelter, @molly0xfff, @smalls2672, @danprimack, @fredericlambert, @rkylesmith, 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 …
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X: @genepark, @shannongrixti, and @tomwarren
| 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 … | Ash Parrish / The Verge: |
Nintendo says its unannounced Switch successor will be able to play current Switch games and have carryover for Switch Online services and accounts — Nintendo hasn't announced its Switch successor yet, but we do know one thing for sure: it will be able to play current Switch games …
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X: @nintendocoltd, @j0hnadouglas, @genepark, and @saltydkdan
Forums: r/EmulationOnAndroid, r/JRPG, r/splatoon, r/kindafunny, and r/gaming
| 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, Forbes, Club386, Windows Central, XDA Developers, PC Gamer, Eurogamer.net, PCGamesN, TechSpot, Wccftech, Digital Trends, and WePC
| Kaustuv Basu / Bloomberg Law: |
Workers at AI companies seek specific whistleblower protections, arguing that AI advancements pose threats that they can't legally expose under current US laws — Search by Topic — Whistleblowing By Employee Artificial Intelligence Tax Evasion Medicaid Fraud — Search by Company| Martin Peers / The Information: |
Reddit's 12% stock rally on November 5 grew its market cap to $21.52B, passing the $20.45B market cap of Snap, which has 4x as many users and 4x as much revenue — You're likely distracted right now by election results, which have surely started rolling in as you're reading.Sponsor Posts
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