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November 11, 2024, 6:45 PM
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James Van Straten / CoinDesk:
Bitcoin passes $88K, a new record, adding almost $20K in under a week; Tesla jumped 8.96% today, while Meta, Apple, Nvidia, Amazon, Microsoft were down slightly  —  Gold and most of the so-called magnificent seven tech stocks are down on the day.  — Bitcoin touched a record-high $85,000 …
Adam James / The Block:
MicroStrategy says it bought 27,200 BTC for ~$2.03B in cash at ~$74,463 per coin from October 31 to November 10, 2024, taking its total holding to 279,420 BTC  —  - MicroStrategy added approximately 27,200 bitcoin for roughly $2.03 billion in cash at an estimated $74,463 per coin.
a16z crypto:
a16z says it is “very optimistic” that the US government will “foster innovation” in crypto and there is a “pathway for constructive engagement” with regulators  —  Miles Jennings Michele Korver Brian Quintenz  —  We've been flooded with crypto founders asking us …
Emily Nicolle / Bloomberg:
FTX sues Binance and former CEO Changpeng Zhao, seeking to claw back almost $1.8B it alleges Sam Bankman-Fried fraudulently transferred in a July 2021 deal  —  Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison.
Reuters:
Ilya Sutskever says “we're back in the age of wonder and discovery” as AI companies focus on pre-training, inference improvements, and finding the “next thing”  —  Artificial intelligence companies like OpenAI are seeking to overcome unexpected delays and challenges …
Emma Roth / The Verge:
iOS 18.2 public beta introduces Share Item Location, letting users share a link with the location of AirTags or Find My accessories with airlines and others  —  Apple will now let you share the location of a lost AirTag with other people.  The Find My feature, called Share Item Location …
Jowi Morales / Tom's Hardware:
LG Display shows off a stretchable display prototype that can expand by up to 50%, more than doubling the previous record of 20% elongation  —  This stretchable display unlocks an infinite number of possibilities.  —  LG Display, one of the global leaders in display technologies …
Greg Bensinger / Reuters:
Sources: Amazon is developing smart glasses that would guide its delivery drivers to, around, and within buildings, but the tech may take years to perfect  —  Amazon (AMZN.O) is developing smart eyeglasses for its delivery drivers to guide them to, around and within buildings …
Lucia Moses / Business Insider:
The NYT says the Tech Guild is ending its strike after a weeklong stoppage; during the strike, dozens of tech workers crossed the picket line  —  New York Times tech workers are ending their strike after a weeklong stoppage, Business Insider first reported.
The Information:
Sources: more than a year before the election, TikTok execs revamped moderation rules and trust and safety staff to make TikTok more appealing to Trump fans  —  More than a year before Donald Trump's landslide victory in last week's presidential election, TikTok's top leaders insisted …

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From Mediagazer

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Sam Roberts / New York Times:
Arthur L. Carter, who started a Connecticut newspaper in 1981, bought and sold The Nation, and founded the New York Observer in 1987, has died at 93

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

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