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November 12, 2024, 11:50 AM
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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.
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
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
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.
Kyle Wiggers / TechCrunch:
New York-based ScaleOps, which offers cloud spend management tools, raised a $58M Series B led by Lightspeed, taking its total funding to $80M  —  Thanks to AI, the appetite for cloud services is growing.  Cloud expenditures more than doubled between 2019 and 2023, and are expected …

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From Mediagazer

Brooks Barnes / New York Times:
Universal says it is shifting to five weekends of exclusive theatrical runs, up from three, and will move to a minimum of seven weekends in January 2027

Scott Nover / Washington Post:
Sources: the DOD barred press photographers from briefings on the Iran conflict after they published photos of Pete Hegseth that his staff deemed “unflattering”

Nicole Meir / The Associated Press:
The AP Fund for Journalism doubles the size of its local news program to 100 members, who can now share some of their content via the AP's distribution network

More News

Brian Steinberg / Variety:
Netflix says its ad tier has 70M users globally, up from 40M in May 2024 and 22M in January 2024, and 50%+ of sign-ups are for ad plans in supported countries
Spencer Soper / Bloomberg:
Shopify reports Q3 revenue up 26% YoY to $2.2B, above $2.12B est., GMV up 24% YoY to $69.7B, projects Q4 revenue growth above est.; SHOP jumps 13%+
Jason Koebler / 404 Media:
A look at DeFlock, an open-source project that has crowdsourced the locations of 5,600+ automated license plate reader cameras globally from Flock and others
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”

Earlier Picks

Olga Kharif / Bloomberg:
Alameda Research co-CEO Sam Trabucco has agreed to hand over a slew of properties, including his yacht, to FTX creditors as part of a November 3 settlement deal
Josh Scott / BetaKit:
Canadian digital bank Neo Financial raised a CA$360M Series D from Shopify CEO Tobi Lütke, Slack co-founder Stewart Butterfield, and others
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”
Lucia Moses / Business Insider:
The New York Times says the Tech Guild is ending its strike after a weeklong work stoppage; during the strike, dozens of tech workers crossed the picket line
The Information:
Sources: more than a year before the US election, TikTok executives relaxed moderation rules and enforcement to make the app more appealing to Donald Trump fans
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
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
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