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December 2, 2024, 1:40 PM
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| Kyle Wiggers / TechCrunch: |
Intel says CEO Pat Gelsinger retired and left its board on December 1, and names CFO David Zinsner and Client Computing Group GM Michelle Holthaus as co-CEOs — Intel has announced that CEO Pat Gelsinger has retired, effective December 1, and stepped down from the company's board of directors.
More: Intel, Intel Corporation, CNBC, Silicon Republic, International Business Times, Ars Technica, CRN, eeNews Europe, The Verge, Reuters, Club386, Daring Fireball, Engadget, MacRumors, PCMag, Associated Press, PCWorld, Washington Post, HotHardware, The Register, Observer, The Information, Financial Times, Oregonian, Financial Express, Investor's Business Daily, Columbus Business Journal, Thurrott, Tom's Hardware, UPI, XDA Developers, Constellation Research, Wall Street Journal, Neowin, KitGuru, Financial Times, Beebom, realtor.com, TweakTown, ExtremeTech, Guru3D, CBS News, PC Gamer, Fortune, OC3D, Forbes, Benzinga, ITPro, New York Times, RCR Wireless News, Quartz, NBC News, Life Style Extra, ServeTheHome, Digital Trends, Analytics India Magazine, WinBuzzer, Wccftech, News18, Evertiq AB, Investopedia, Barron's Online, Fox Business, Notebookcheck, Bloomberg, Bloomberg Law, Electronics Weekly, and Yahoo Finance
Bluesky: @espn2, @bdsams.com, @anildash.com, @quinnypig.com, @caro-milanesi, and @jamesaltonsanders.com
Threads: @markgurman, @lior.s.ronen, @vocino, @mattontech, and @carnage4life
X: @pgelsinger, @morningbrew, @mattwbaker, @danielnewmanuv, @ryansmithat, @pgelsinger, @thetranscript_, @iancutress, @patrickmoorhead, @halvarflake, @_fabknowledge_, @underfox3, @kenli729, @iancutress, @squashbionic, @dylanonchips, @kevinsxu, @wenyee_lee, @herbgreenberg, @aschilling, @andrewcurran_, and @caro_milanesi
LinkedIn: Vijay Vijayasankar, Emil Protalinski, and Udhay Shankar
Forums: r/neoliberal, r/LinusTechTips, and r/intelstock
| Bloomberg: |
Sources: Intel CEO Pat Gelsinger was given the option to retire or be removed after the board lost confidence in his plans to turn around Intel — - Gelsinger was given the option to retire or be removed — Company's CFO and product CEO to serve as interim leaders
More: Associated Press, Business Today, Capital Brief, 9to5Mac, Silicon Valley Business …, eeNews Europe, Windows Central, TechCentral.ie, Fierce Network, ComputerWeekly.com, iClarified, Investopedia, Techstrong ITSM, WSYX, Business Insider, Barron's Online, Invezz, The Irish Times, MacDailyNews, Mobile World Live, insideHPC, Channel Futures, Patently Apple, and Capacity Media
Forums: r/wallstreetbets and r/hardware
| Kyle Wiggers / TechCrunch: |
AWS launches Data Transfer Terminal to let customers upload their data to AWS Cloud by plugging in their storage devices at a set of physical locations — At its re:Invent 2024 conference in Las Vegas, Amazon on Sunday announced a somewhat unusual new service for Amazon Web Services (AWS) …
More: Amazon Web Services, Inc, Blocks and Files, ITPro, and International Business Times. Forums: Hacker News
| Belle Lin / Wall Street Journal: |
AWS CEO Matt Garman kicks off his first re:Invent event by discussing upcoming “real, needle-moving” announcements, no end for the AI race, Anthropic, and more — As the cloud-computing leader kicks off its re:Invent conference, Chief Executive Matt Garman says there is no end in sight to the artificial intelligence race
More: Investor's Business Daily, PYMNTS.com, Benzinga, CRN, and SiliconANGLE
| Wall Street Journal: |
The US adds new HBM chip transfer restrictions for China, the fourth attempt in three years to curb China, and adds 140 Chinese companies to its trade blacklist — Export of memory chips used in AI applications is restricted, but delayed announcement gives Chinese companies chance to stock up
More: Reuters, The Hill, Financial Times, The Information, Capital Brief, Tom's Hardware, WinBuzzer, Bloomberg, PCMag, Business Insider, Washington Post, TechRadar, Benzinga, Yahoo Finance, TrendForce News, Semafor, TechPowerUp, New York Times, Wired, and Tech in Asia
X: @wadhwa, @lmatsakis, @lithos_graphein, @fbermingham, and @geoffreygertz
| Financial Times: |
OpenAI CFO Sarah Friar says OpenAI is weighing an ads model, but plans to be “thoughtful”; sources and LinkedIn analysis: OpenAI hired Meta and Google ad talent — ChatGPT maker hires advertising talent from big tech rivals — OpenAI is discussing plans to introduce advertising …
More: The Register, PCMag, TechCrunch, Search Engine Land, PYMNTS.com, The Wrap, Ghacks, The Verge, MediaPost, Neowin, Cybernews.com, Proactive, and WinBuzzer
Bluesky: @fiveburger, @eaplind, @bsky.esghound.com, @marypcbuk, @mugrimm, @fittarelli.com, @jamespmcleod.ca, @impemboganecue, @alexhanna, @yeets.biz, @edzitron.com, @cianodonnell, @richarddmorey, @lukaszolejnik, @estherschindler, and @rustybrick.com
X: @mrdylancollins and @eric_seufert
| Bloomberg: |
Super Micro says an external review found no evidence of wrongdoing, and plans to hire a new CFO, chief compliance officer, and general counsel; SMCI jumps 30%+ — - Co seeks new CFO, chief compliance officer and general counsel — Firm's auditor had resigned, citing transparency concerns| Jowi Morales / Tom's Hardware: |
OpenWrt releases the $89+ OpenWrt One router, a “hacker-friendly device” with open-source firmware, two Ethernet ports, three USB ports, and dual-band Wi-Fi 6 — This ‘Unbrickable’ router should never fail you. … The group worked together to draft the specifications for this router …
More: The Register, Software Freedom Conservancy, How-To Geek, The Verge, OpenWrt Wiki, OpenWrt Wiki, It's FOSS News, PCMag, and Liliputing
X: @wtogami, @papapishu, @conservancy, and @nickblack
Forums: Hacker News, r/technology, and r/openwrt
| Bloomberg: |
Toronto-based AI chip designer Tenstorrent raised a $700M Series D from Jeff Bezos, Samsung, and more at a ~$2.6B valuation and claims nearly $150M in contracts — - Jim Keller's Tenstorrent designs chips and systems for AI jobs — Samsung and LG also among investors in Series D round
More: Crunchbase News, PYMNTS.com, Tenstorrent, Tom's Hardware, TipRanks Financial, CCN.com, Proactive, Quartz, and Wall Street Pit. X: @tenstorrent
| Sidhartha Shukla / Bloomberg: |
CoinGecko: Ripple-linked XRP's market cap passes $137B to become the third-largest cryptocurrency, up from less than $30B on November 5 when Donald Trump won — - The cryptocurrency gained as much as 15% Monday to hit $2.50 — Since the US election it has added over $100 billion in value
More: San Francisco Business Times and Tech in Asia
| Laura Dobberstein / The Register: |
The UN's ITU and the International Cable Protection Committee announce a 40-member global advisory body to support the resilience of submarine telecom cables — On the same day that a submarine cable suspected of having been cut by a Chinese ship was repaired, two major telco bodies convened …
More: The Record, ITU, TechRadar, and Total Telecom
| Kyle Wiggers / TechCrunch: |
World Labs, founded by Fei-Fei Li, gives an “early preview” of its first project, an AI system that generates game-like, 3D scenes from a single image — World Labs, the startup founded by AI pioneer Fei-Fei Li, has unveiled its first project: an AI system that can generate video game-like, 3D scenes from a single image.| Mark Bergen / Bloomberg: |
Amsterdam-based Nebius, which rebranded itself from Russian internet giant Yandex and offers cloud services for AI, raised $700M from Nvidia, Accel, and others — Nebius Group NV, the technology company rebranded from Russian internet giant Yandex, has raised $700 million from a slate … Sponsor Posts
Command Line:
GitHub Universe 2026: Highlights from the developer's developer conference — Copilot Fusion was the belle of the ball, but the hero at the heart of the two-day event was the developer community.
GitHub Universe 2026: Highlights from the developer's developer conference — Copilot Fusion was the belle of the ball, but the hero at the heart of the two-day event was the developer community.
Will Reed:
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
Introducing the new Zoho Analytics: Agentic analytics for every business — We're excited to announce the launch of the new Zoho Analytics! This release marks a major shift for the product …
Introducing the new Zoho Analytics: Agentic analytics for every business — We're excited to announce the launch of the new Zoho Analytics! This release marks a major shift for the product …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
The Upstarts Podcast:
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Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Cheeky Pint:
Why Sam Altman is against a single superintelligence
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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Great Chat:
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Sources:
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Big Technology Podcast:
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