Techmeme
November 12, 2024, 10:55 AM

Top News

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.
Gian Volpicelli / Bloomberg:
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.
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
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 …
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 …

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Earlier Picks

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The Information:
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