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Techmeme
November 25, 2024, 11:35 AM
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Top News

James Hunt / The Block:
MicroStrategy bought 55,500 bitcoin for ~$5.4B cash at an average price of $97,862 between November 18 and November 24, taking its holdings to ~386,700 bitcoin  —  - MicroStrategy has purchased another 55,580 BTC for approximately $5.4 billion at an average price of $97,862 per bitcoin.
Financial Times:
The EU says Bluesky breaches its rules for not disclosing key details about itself, and has asked 27 governments to see “if they can find any trace of Bluesky”  —  Social media platform that has grown in exodus from Elon Musk's X is accused of not declaring user numbers
Bloomberg:
Sources: Sony is in the early stages of developing a portable console for PS5 games, building on the PlayStation Portal, although its debut is likely years away  —  - Nintendo's Switch has dominated mobile console space for years  — Rival Microsoft is also developing portable gaming prototypes
Sarah Kessler / New York Times:
US coding boot camp graduates are facing a tough job market due to AI coding tools and mass layoffs; CompTIA: developer job listings are down 56% since 2019  —  Coding boot camps once looked like the golden ticket to an economically secure future.  But as that promise fades, what should you do?
Les Pounder / Tom's Hardware:
Raspberry Pi Pico 2 W review: the new $7 microcontroller is low cost, faster, and adds more RAM and Wi-Fi connectivity, but still uses micro USB  —  The RP2350 finally gets Wi-Fi! … It is fair to say that the Raspberry Pi Pico disrupted the maker community in 2021.
New York Times:
Sources: Intel, the biggest recipient of CHIPS Act money, could get less than $8B, after its Ohio plant delays; the US announced $8.5B for Intel earlier in 2024  —  The Biden administration is reducing its award to the pioneering chip maker to less than $8 billion, from $8.5 billion.
Gary Marcus / Marcus on AI:
A skeptical look at the new AI scaling “laws”, including post-train duration and “inference time compute”, and why they may fail to predict AI model performance  —  Scaling laws ain't what they used to be  —  “If anything we are seeing the emergence of a new scaling law …

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From Mediagazer

Benjamin Mullin / New York Times:
Former 60 Minutes correspondents Sharyn Alfonsi and Scott Pelley plan to serve as part-time journalists-in-residence at Columbia during the coming academic year

Rebecca Rubin / Variety:
Sony's Spider-Man: Brand New Day opened to a record-setting $360M in North America, beating Avengers: Endgame's $357M; globally, it hit $932M, second to Endgame

Natsumi Kawasaki / Nikkei Asia:
MPA: Southeast Asia's premium VOD subscribers rose 15% YoY to 75M in Q2, with viewing hours up ~33%; streaming revenue is projected to grow 14% to $2.9B in 2026

More News

Brendan Greeley / Financial Times:
A bitcoin reserve is a resilience strategy for the “hodlers”, not the US state, as a long-term bet on bitcoin is bullish on a permanent institutional collapse

Earlier Picks

Washington Post:
Sources: Bill Ackman, Travis Kalanick, and others are involved in the Department of Government Efficiency; Marc Andreessen is a networker for talent recruitment
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