Techmeme
November 12, 2024, 4:15 PM

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.
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:
Alan Ohnsman / Forbes:
Waymo opens robotaxi rides to anyone in LA within an 80-square-mile area running from downtown LA to Santa Monica and says ~300K users had been on the waitlist  —  The Alphabet company said about 300,000 people in the second-largest U.S. city have been waiting to use its robotic ridehail service …
Washington Post:
Sources: advisors to Donald Trump expect the president-elect to halt a potential US ban of TikTok, which faces a January 19 deadline to divest  —  The president-elect promised to ‘save’ the social media app, which faces a deadline early next year to find a non-China-based owner.
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
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

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Earlier Picks

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Financial Times:
Olga Kharif / Bloomberg: