| 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 … | 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.| Kevin Roose / New York Times: |
| 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 … | 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.| 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| 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.| Bloomberg: |
| Ismail Shakil / Reuters: |
Canada orders TikTok's business in the country to be dissolved, citing national security risks, and says it's not blocking Canadians' access to the app — Canada on Wednesday ordered Chinese-owned TikTok's business in the country to be dissolved, citing national-security risks … | 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 … | Kyle Wiggers / TechCrunch: |
OpenAI acquired chat.com, which now redirects to ChatGPT; HubSpot co-founder Dharmesh Shah reportedly bought the domain, registered in 1996, for $15.5M in 2023 — OpenAI bought Chat.com, adding to its collection of high-profile domain names. — As of this morning, Chat.com now redirects to OpenAI's AI-powered chatbot, ChatGPT.| 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| 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.| 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| 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 …
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| Bill Toulas / BleepingComputer: |