| Wall Street Journal: |
Meta plans to ask Facebook and Instagram users in Europe if they want to get “less personalized ads” and cuts subscription prices by 40%, a concession to the EU — Facebook and Instagram owner faces pressure in Europe to ask users before using their data to target ads or train artificial intelligence| Ming-Chi Kuo: |
Kuo: Apple schedules production of a smart home IP camera for 2026 and is aiming for 10M+ annual shipments; Goertek will be the exclusive assembly supplier — 1. Apple is making its first foray into the smart home IP camera market, with mass production scheduled for 2026, targeting annual shipments in the tens of millions.| Tom Warren / The Verge: |
Nvidia launches its Nvidia app for Windows, designed to overhaul and replace the GeForce Experience app, after a beta earlier in 2024 — Nvidia is officially launching its Nvidia app on PC today, designed to overhaul and replace the GeForce Experience app.| Paresh Dave / Wired: |
Rival search engines Ecosia and Qwant debut European Search Perspective, a joint venture to develop a web index for Europe to reduce reliance on Google and Bing — Generative AI and new rules targeting tech giants are giving Ecosia and Qwant fuel to challenge Google and Microsoft and develop a web index for Europe.| Gian Volpicelli / Bloomberg: |
The EU notifies Apple of “potentially prohibited geo-blocking practices” on the App Store and other apps, and says it must align with EU anti-geo-blocking rules — Alexa's New AI Brain Is Stuck in the Lab … Quicktake| Jay Peters / The Verge: |
Signal rolls out new call features, including the ability to share a link to a call, emoji reactions, a “raise hand” button, and a dedicated calls history tab — Signal is making a bunch of improvements to calls so they are more competitive with Zoom and Google Meet, including the ability to share a link to a call.| Bloomberg: |
SoftBank reports Q2 net income of ~$7.7B and a Vision Fund gain of ~$2.42B, driven by strong Indian IPOs and valuation gains in startups like Coupang and Didi — - Tech investor rakes in profit on hot Indian IPO market — Legacy-conscious founder Masayoshi Son is readying next gamble| Eleanor Olcott / Financial Times: |
Baidu unveils smart glasses, powered by its Ernie LLM, that would “become a private assistant” by tracking calories, playing music, and more, launching in 2025 — Launch comes as Chinese internet groups jostle for dominance in hardware — Baidu has unveiled artificial … | Financial Times: |
Amazon's Annapurna Labs plans to unveil Trainium 2 AI chips in December, as part of taking on Nvidia; Anthropic, Databricks, and others are testing Trainium 2 — Big Tech group's Annapurna Labs is spending big to build custom chips that lessen its reliance on market leader| Pei Li / Bloomberg: |
Filing: a Chinese court agrees to hear an Epic-like case against Apple by Bodyreader, a posture correcting app Apple removed in 2020; Bodyreader seeks ~$420K — - Beijing court agreed to hear complaint about Apple's practices — Apple is coming under pressure in its biggest overseas market| Financial Times: |
Bitcoin passed $89K for the first time, Tesla closed up 8.96%, Coinbase closed up 19.76%, and Robinhood closed up 7.4%, as investors pile into “Trump trades” — Markets expect US president-elect to take light-touch approach to regulation — Investors betting that Donald Trump's … | Adam James / The Block: |
| 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 … | Bloomberg: |
Alibaba, JD, and Xiaomi report a plethora of Singles' Day sales statistics to show how 2024's shopping event was one of the biggest yet, as China's economy sags — - Data shows sales surged, but over a much longer period — Analysts warn shoppers still show signs of moderated spending| Financial Times: |
Analysts: Nintendo and Sony are heading into the holiday season with little to offer consumers; the Switch is seven years old and the $700 PS5 Pro is overpriced — Video game industry fears its most important quarter will fall flat with few new mass-market offerings| Kyle Wiggers / TechCrunch: |
Writer, which makes enterprise generative AI tools, raised a $200M Series C led by Premji, Radical Ventures, and Iconiq at a $1.9B valuation, for $326M raised — Writer has raised $200 million at a $1.9 billion valuation to expand its generative AI platform.
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| The Information: |
| Jowi Morales / Tom's Hardware: |
| Emma Roth / The Verge: |