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Techmeme
December 23, 2024, 8:25 PM
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Top News

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.
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
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.
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:
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  —  Even as Telegram faces legal scrutiny and grapples with billions in debt, it is set to be profitable for the first time as it tries cryptocurrencies, subscriptions and ads.
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  —  X is raising prices for its top-tier subscription service, Premium+, by 37.5% to $22 a month, marking …
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  —  - Google prepares case against antitrust watchdog's allegations  — Regulators around the world are ramping up Big Tech scrutiny
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 …
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  —  The last month has transformed the state of AI, with the pace picking up dramatically in just the last week.

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This is a Techmeme archive page. It shows how the site appeared at 8:25 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

Dominick Mastrangelo / The Hill:
President Trump told reporters “it's imperative” for CNN to be sold: “Any deal it should be guaranteed and certain that CNN is part of it or sold separately”

Charlotte Tobitt / Press Gazette:
Mirror Editor-in-Chief Caroline Waterston steps down after less than two years, to be succeeded by Chloe Hubbard, currently UK editor at The Independent

Sara Fischer / Axios:
Pinterest agrees to acquire tvScientific, a CTV ad platform that automates and optimizes ad buying; tvScientific was founded in 2020 and has raised ~$60M

More News

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
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
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

Earlier Picks

Maxwell Zeff / TechCrunch:
OpenAI details “deliberative alignment”, a new method it used to make o1 and o3 “think” about its safety policy before responding, to improve overall alignment
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
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