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Techmeme
November 24, 2024, 12:15 PM
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Top News

Mark Gurman / Bloomberg:
Thoughts on Apple TV's history and future; sources: a larger-than-usual number of features scheduled for iOS 19 have been postponed to iOS 19.4 in spring 2026  —  Apple doesn't need its own TV set.  But it should make a low-cost TV streaming stick to bring its content, apps and smart home features to more households.
Wall Street Journal:
Sources: Cantor Fitzgerald agreed to invest as much as $600M in Tether for about a 5% stake in the past year; Cantor holds most of Tether's $134B in assets  —  Before becoming Trump's commerce secretary pick, Lutnick deepened Cantor's ties with a stablecoin firm under investigation
Financial Times:
Similarweb: Bluesky app usage in the US and UK grew ~300% to 3.5M DAUs after Nov. 5; Threads now has 1.5x Bluesky's DAUs in the US, down from 5x before Nov. 5  —  Social media giant's Threads app makes changes as smaller competitor to X surges  —  Meta's Threads is losing ground …
Christine Lemmer-Webber / Dustycloud Brainstorms:
ActivityPub co-author on Bluesky and ATProto being neither decentralized nor federated, and how Bluesky is building a good X replacement with a “credible exit”
Wall Street Journal:
Sources: TikTok CEO Shou Chew, who has known Elon Musk for several years, has sought Musk's counsel in recent weeks on the incoming Trump administration  —  Popular video app and Chinese parent ByteDance view rival social-media owner as conduit to the president-elect
New York Times:
Sources: the US government launched an investigation into the Salt Typhoon hack after Microsoft alerted it and telecom companies about anomalies  —  Leaders of the big telecommunications companies were summoned to the White House to discuss strategies for overhauling the security …
New York Times:
Senate Intelligence Committee Chairman Mark Warner says China-linked Salt Typhoon group listened to phone calls and read texts by hacking US telecom networks
Benedict Evans:
An overview of macro tech trends for 2025, focusing on generative AI, LLMs, scaling challenges with training ever bigger AI models, the capex surge, and more  —  Presentations Every year, I produce a big presentation exploring macro and strategic trends in the tech industry.  For 2025, ‘AI eats the world’.
Natasha Lomas / TechCrunch:
Profiles of Teresa Ribera, Henna Virkkunen, and Ekaterina Zaharieva, the three incoming EU commissioners in charge of key tech policy areas into 2029  —  The European Union looks to have clinched political agreement on the team of 26 commissioners who will be implementing President Ursula …
Hugh Son / CNBC:
Customers of banking startups like Yotta describe losing savings ranging from $7,000 to $200,000+ due to Synapse's collapse, after US regulators refused to help  —  For 15 years, former Texas schoolteacher Kayla Morris put every dollar she could save into a home for her growing family.

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From Mediagazer

Jennifer Maas / Variety:
Disney reports Q3 revenue up 7% YoY to $25.2B, below $25.4B est., adjusted EPS of $2.06, above $1.85 est., and entertainment revenue up 6% to $11.3B

Katie Robertson / New York Times:
The NYT reports Q2 revenue up 11% YoY to $762.5M, digital-only subscription revenue up 16% to $407.9M, and adjusted operating profit up 16% to $155.3M

Charisma Madarang / Rolling Stone:
US celebrity blogger Perez Hilton is recovering in hospital after members of the public reported that he had appeared to self-harm during a TikTok livestream

More News

Sam McKeith / Reuters:
Australia drops plans to fine internet platforms up to 5% of their global revenue for failing to prevent the spread of misinformation online

Earlier Picks

Isabelle Bousquette / Wall Street Journal:
Six months into a deal with OpenAI, Spanish bank BBVA says staff created 2,900+ GPTs and reported productivity gains, but questions ChatGPT's scalability
Reuters:
An investigation finds several women across the US were deceived, drugged, terrorized, and sexually enslaved by sex traffickers to make money from OnlyFans
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