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Techmeme
December 23, 2024, 11:30 PM
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Top News

Ryan Christoffel / 9to5Mac:
In a viral YouTube video, MegaLag claims PayPal's Honey browser extension doesn't show users the best coupons and deals, and steals creators' affiliate revenue  —  Honey is a popular browser extension owned by PayPal that's at the center of a big new controversy.
New York Times:
The Biden administration opens a trade investigation into China's production of older chips, a move that may lead to tariffs or other measures to block imports  —  The older-style chips are crucial for a wide array of appliances and other machinery, including weaponry.
Ben Lovejoy / 9to5Mac:
Kuo: Apple's M5 chip will use TSMC's advanced N3P node; M5 Pro, Max, and Ultra will use a new server-grade SoIC packaging featuring separate CPU and GPU designs  —  One of the key elements of Apple's A-series and M-series chips is the System-on-a-Chip (SoC) design which tightly integrates all the components within a single package.
Financial Times:
Sources: Meta plans to add a display to its Ray-Ban glasses as soon as H2 2025 to show notifications or AI responses, and has accelerated Orion's development  —  Social media group accelerates plans to build ‘augmented reality’ headsets in battle with Apple and Google
Annie Palmer / CNBC:
Donald Trump announces Scott Kupor, a managing partner at a16z, will serve as director of OPM, and Michael Kratsios will serve as the White House OSTP director  —  President-elect Donald Trump is tapping tech heavyweights to join his new administration, continuing a trend …
Kyle Wiggers / TechCrunch:
Donald Trump announces that Sriram Krishnan, until recently a general partner at a16z, will serve as senior policy advisor for AI at the White House OSTP
Lauren Thomas / Wall Street Journal:
Xerox agrees to acquire Lexmark from Ninestar, PAG Asia Capital, and Shanghai Shouda in a deal valued at $1.5B, including debt, and expected to close in H2 2025  —  Deal values the closely held company at $1.5 billion, including debt  —  Xerox Holdings has struck a deal for Lexmark International …
Reuters:
Sources: Microsoft is working on adding more first- and third-party AI models to power 365 Copilot, to lower its reliance on OpenAI amid cost and speed concerns  —  Microsoft (MSFT.O) has been working on adding internal and third-party artificial intelligence models to power …
Reuters:
Filing: Chinese video surveillance provider Dahua to terminate or exit five government projects in Xinjiang; Hikvision made a similar announcement this month  —  China's video surveillance equipment maker Zhejiang Dahua Technology (002236.SZ) said that it and its subsidiaries have agreed …
Gene Maddaus / Variety:
The Animation Guild ratifies a contract with major studios, without AI demands such as letting members opt out of using AI or allowing AI training on their work  —  The Animation Guild has ratified its contract with the major studios, despite concerns from some about protections against artificial intelligence.
Antonio Pequeño IV / Forbes:
xAI announces it raised a $6B Series C from a16z, BlackRock, Fidelity, Kingdom Holdings, Sequoia, Nvidia, and others, at a reported valuation of at least $40B  —  Elon Musk's xAI announced Monday it raised $6 billion in a Series C funding round, putting the company's value at more than $40 billion …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:30 PM ET, December 23, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Ted Johnson / Deadline:
Memo: Lesley Stahl, Bill Whitaker, and Jon Wertheim say they will stay at 60 Minutes as they don't want to see it die and are “working to build trust with Nick”

Jody Godoy / Reuters:
Sources: a group of US states is preparing a lawsuit against Paramount's WBD acquisition; California's AG has said his office would make a decision soon

Anthony D'Alessandro / Deadline:
This weekend, Lionsgate's Michael will become the studio's highest grossing movie; the Michael Jackson biopic has earned $346.6M domestically and $508M+ abroad

More News

Bloomberg:
VC insiders say many partners left big firms in 2024, either quitting or being pushed out, as bleak market conditions led to less funding and leaner operations
New York Times:
Telegram is set to be profitable in 2024, a first, with $1B+ in revenue, up from nearly $350M in 2023, and ending 2024 with ~$500M in cash, as it pays down debt

Earlier Picks

Manish Singh / TechCrunch:
X raised US Premium+ prices by 37.5% to $22 per month, effective December 21, and EU prices 31% from €16 to €21 per month; the basic subscription still costs $3
Bloomberg:
Google says it plans to counter Japan's claims that it engages in anticompetitive practices in search; source: Japan's FTC sent Google a cease-and-desist order
Om Malik / On my Om:
AI platforms are unlikely to become a major source of traffic or ad revenue for media outlets, with content deals offering only a short-term revenue boost
Ethan Mollick / One Useful Thing:
The past month's announcements from Google, OpenAI, and others have transformed the state of generative AI, highlighting the breadth and pace of change
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