Techmeme
November 26, 2024, 8:55 PM

Top News

Jason Koebler / 404 Media:
X files an objection to including X accounts belonging or related to Infowars in the outlet's bankruptcy auction, arguing it has ownership of all X accounts  —  On Monday, X filed an objection in The Onion's bid to buy InfoWars out of bankruptcy.  In the objection, Elon Musk's lawyers argued that X has …
Kyle Wiggers / TechCrunch:
A group published a project on Hugging Face that seemingly granted brief access to OpenAI's Sora, protesting what it calls duplicity and “art washing” by OpenAI  —  A group appears to have leaked access to Sora, OpenAI's video generator, in protest of what it's calling duplicity and “art washing” on OpenAI's part.
Thomas Gryta / Wall Street Journal:
The US awards Intel up to $7.865B under the CHIPS Act to help build or expand chip plants in Arizona, New Mexico, Ohio, and Oregon, including $1B+ later in 2024  —  Government grant is less than originally expected because the chip giant is also receiving separate funding for defense
Foo Yun Chee / Reuters:
Google proposes Search tweaks in the EU to comply with the DMA, including removing the map showing hotel locations and results in Germany, Belgium, and Estonia  —  Google has proposed more changes to its search results in Europe after some smaller rivals complained about lower traffic …
Mia Sato / The Verge:
A lawsuit between two Amazon influencers over allegations of copyright infringement shows the challenges of defining originality and ownership in content  —  One Amazon influencer makes a living posting content from her beige home.  But after she noticed another account hocking the same minimal aesthetic …
New York Times:
Huawei unveils the $760+ Mate 70 series, powered by its HarmonyOS Next, calling the flagship the “smartest” Mate phone, as it continues to face US chip curbs  —  Last year, a chip breakthrough put Huawei on top of the Chinese smartphone market.  Now it is rolling out its newest phone, the Mate 70 series.
Gian Volpicelli / Bloomberg:
Bluesky says it is working to comply with EU rules and is consulting with its lawyers, after the bloc accused the social network of flouting its regulations  —  Bluesky said it's working to comply with European Union rules after the bloc accused the fast-growing social media platform of flouting its digital regulations.
Felix Ng / Cointelegraph:
US appeals court finds the OFAC exceeded its authority in sanctioning Tornado Cash's immutable smart contracts, as they can't be owned and so are not “property”  —  A US appeals court ruled the Treasury's OFAC “overstepped” when it sanctioned crypto mixer Tornado Cash's smart contracts.
Kate Knibbs / Wired:
An analysis finds over 54% of longer English-language posts on LinkedIn are likely AI-generated; LinkedIn says it doesn't track how many posts are created by AI  —  A new analysis estimates that over half of longer English-language posts on LinkedIn are AI-generated, indicating the platform's embrace of AI tools has been a success.
Teresa Xie / Bloomberg:
Kraken says it is shutting down its NFT marketplace almost two years after it was launched  —  - Holders will have help from support moving NFTs from platform  — NFTs struggle to rebound from the crypto bear market of 2022  —  The crypto exchange Kraken is shutting down its NFT marketplace almost …
Connor Hart / Wall Street Journal:
CrowdStrike reports Q3 revenue up 29% YoY to $1.01B, vs. $982.8M est., a $16.8M loss, compared to a $26.7M profit a year earlier, and raises its FY 2025 outlook  —  Cybersecurity company were dragged down by expected headwinds following one of the worst computer outages ever
David Shepardson / Reuters:
The FCC approves a license for SpaceX and T-Mobile to use Starlink to offer supplemental coverage from space in a bid to extend internet access to remote areas  —  The Federal Communications Commission said on Tuesday it has approved a license for T-Mobile (TMUS.O) and Elon Musk's SpaceX Starlink unit …
Axios:
Luma Partners: in Q3, M&A volume in ad tech rose 118% YoY and 26% QoQ and has continued to heat up in Q4 with Samba TV-Semasio, Zeta-LiveIntent, and other deals  —  - The take-private deal is the latest in a flurry of deal flow in the media sector.  — Brightcove, which hosts …
Sara Fischer / Axios:
Meta says Threads had 35M new signups since November 1 and is now going on three months of 1M+ signups per day; Threads had 275M+ MAUs in Q3 2024  —  - Bluesky said last week it now has more than 20 million users. … - According to the new data, another 20 million new signups have been added in the past 11 days.

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