| Annie Palmer / CNBC: |
Sam Altman, Jeff Bezos, Tim Cook, Michael Dell, Satya Nadella, Sundar Pichai, Mark Zuckerberg, 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 … | New York Times: |
Mark Zuckerberg, Tim Cook, Sundar Pichai, and more quietly courted Trump before the election, laying the groundwork for improved Silicon Valley and DC relations — The executives of tech's biggest companies largely ignored Donald Trump before the 2016 election. This time around, they're far more friendly.| Kevin Roose / New York Times: |
What a Trump victory means for tech: antitrust woes die down, except for Google, TikTok survives, AI progress accelerates, social media shifts right, and more — Another Trump presidency will be good for crypto and Elon Musk, but every big tech company may not benefit from a more hands-off approach to antitrust.| New York Times: |
| Kurt Wagner / Bloomberg: |
| Emma Roth / The Verge: |
Microsoft starts rolling out AI-powered text editing feature Rewrite in Notepad, and Generative Fill and Generative Erase features in Paint to Windows Insiders — Microsoft is adding AI-powered text editing to Notepad, the stripped-down text editor originally introduced in 1983.| Ismail Shakil / Reuters: |
Canada orders TikTok's business in the country to be dissolved, citing national security, but says it is not blocking Canadians' access; TikTok plans to appeal — Canada on Wednesday ordered Chinese-owned TikTok's business in the country to be dissolved, citing national-security risks … | Bloomberg: |
The US SEC's crypto enforcement is slated for a major rollback under President Trump, who in July 2024 pledged to fire Gary Gensler on the first day in office — - Trump has pledged to fire Gensler on the first day in office — Next SEC chair is expected to push forward new regulations| David Yaffe-Bellany / New York Times: |
| Zaheer Kachwala / Reuters: |
Take-Two reports Q2 net bookings up 2% YoY to $1.47B, vs. $1.43B est., net revenue up 4% to $1.35B, and sells its Private Division label to an unnamed buyer — Take-Two Interactive Software (TTWO.O) beat Wall Street expectations for second-quarter bookings and profit on Wednesday … | Maani Truu / ABC: |
Australia plans to introduce legislation that would ban children under 16 from using social media, not exempting those already with accounts or parental consent — In short: — Social media users under the age of 16 are set to be barred from using social media, under legislation expected to be introduced to parliament this month.| Bloomberg: |
France's gambling regulator says it is “aware” of Polymarket and is “currently examining its operation and compliance”, after user Fredi9999 made a ~$48M profit — - Inquiry follows publicity around French trader's huge bets — Online gambling and betting is tightly regulated in France| Ian King / Bloomberg: |
Qualcomm's Q4 and Arm's Q2 earnings show the smartphone industry making an uneven comeback, with both companies reporting a stronger demand for high-end models — - Both companies are seeing stronger demand for high-end models — Qualcomm results outshine Arm's in dueling reports Wednesday| Ian King / Bloomberg: |
| Jay Peters / The Verge: |
Roblox plans to stop kids under 13 from accessing experiences with “certain types of interactive features”, including “social hangouts”, starting November 18 — Roblox is going to block kids from accessing certain types of experiences following reports alleging that the platform has enabled child abuse.| Mackenzie Hawkins / Bloomberg: |
Sources: TSMC and GlobalFoundries have finished negotiating agreements for billions of dollars in grants and loans under the CHIPS Act to support US factories — - US officials look to announce agreements in coming weeks — Biden team is racing to get Chips Act money out the door| 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.| Jennifer Pattison Tuohy / The Verge: |
Matter launches its 1.4 spec, including “enhanced multi-admin” and updates to energy management support, in a bid to get the smart home standard back on track — It's been two long years since the launch of Matter — the one smart home standard designed to rule them all … | Amanda Gerut / Fortune: |
Streams Charts: Election Day livestreams generated ~84M hours of watch time, with 80.6% on YouTube, where Fox News had 1.14M peak viewers, beating other outlets — A man seen watching the broadcasting of the U.S. election results at the restaurant in Bangkok.| Krisztian Sandor / CoinDesk: |
JPMorgan rebrands its Onyx blockchain unit as Kinexys and plans to add on-chain foreign exchange capabilities as early as Q1 2025, starting with USD and EUR — The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities … | Sarah Jacob / Bloomberg: |
Adyen reports Q3 revenue up 20% YoY to €498.3M, vs. €503.3M est., and processed volume growth slowed to 32% from 45% in H1 2024; ADYEN falls 9%+ in Amsterdam — The Amsterdam-based company's processed volume expansion missed estimates in the period, slowing to 32% in the period from 45% in the first half.
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| Meir Orbach / CTech: |
| Akash Sriram / Reuters: |
| Adrian Kingsley-Hughes / ZDNET: |