11:25 PM • | Brian Krebs / Krebs on Security: An investigation suggests the third suspect behind the hacks of Snowflake clients may be a US Army soldier who is or was recently stationed in South Korea |
11:20 PM • | Allie Garfinkle / Fortune: Wherobots, which offers a cloud-based platform to process and analyze geospatial data from satellites and other sources, raised a $21.5M Series A led by Felicis |
11:01 PM • | Robert Booth / The Guardian: TikTok plans to block users under 18 years of age from using beauty filters and says it is tightening its systems to block users under 13 from the platform |
10:10 PM • | Nitasha Tiku / Washington Post: OpenAI suspends access to Sora in response to a group of artists leaking access to the tool in protest of the company's treatment of creative professionals |
10:01 PM • | Reuters: Samsung names Young Hyun Jun as its co-CEO as well as head of its memory chip business and appoints Jinman Han as the company president and foundry unit head |
8:55 PM • | Stephen Nakrosis / Wall Street Journal: Evolv reaches an agreement to resolve an FTC inquiry alleging the company made false claims about its AI-powered security system's ability to screen for weapons |
7:50 PM • | 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” |
7:01 PM • | 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 |
6:20 PM • | Sam Kim / Bloomberg: South Korea says it will bolster its domestic chipmakers next year with $10.2B in support including loans, citing potential economic uncertainty under Trump |
6:05 PM • | 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 |
5:55 PM • | 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 |
5:25 PM • | 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 |
4:55 PM • | Brody Ford / Bloomberg: HP reports Q4 revenue up 1.7% YoY to $14.1B, Personal Systems revenue up 2% to $9.59B vs. $9.74B est., forecasts Q1 profit below est.; HPQ drops 7%+ after hours |
4:50 PM • | 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 |
4:45 PM • | Teresa Xie / Bloomberg: Kraken says it is shutting down its NFT marketplace almost two years after it was launched |
4:35 PM • | Kif Leswing / CNBC: Dell Q3: revenue up 10% YoY to $24.4B, vs. $24.67B est., Infrastructure Solutions Group up 34% driven by AI sales, net income up 12%; DELL drops 11% after hours |
3:45 PM • | 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 |
1:55 PM • | 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 |
11:35 AM • | Natalie Lung / Bloomberg: Uber launches a data labeling service called Scaled Solutions, accepting gig worker signups from India, the US, Canada, Poland, and Nicaragua |
10:45 AM • | 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 |
9:15 AM • | Shirin Ghaffary / Bloomberg: /dev/agents, which plans to build a cloud-based OS for AI agents that can work across phones, laptops, and cars, raised $56M, a source says at a $500M valuation |
8:40 AM • | Mark Banchereau / Associated Press: Interpol arrested 1,006 suspects in 19 African countries from September 2 to October 31 to clamp down on cybercrime that left 35K victims with $193M in losses |
7:45 AM • | Bloomberg: OpenAI, Meta, and Orange plan to train AI models on African languages, starting with Wolof and Pulaar, addressing a shortage for Africa's thousands of dialects |
7:20 AM • | 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 |
6:25 AM • | Adam Satariano / New York Times: An interview with Margrethe Vestager, the EU's tech antitrust enforcer since 2014, on her “partly successful” tenure, US collaboration, Trump, the DSA, and more |
6:05 AM • | Devin Coldewey / TechCrunch: Cradle, which uses AI to help design proteins and says its SaaS model is popular, raised a $73M Series B led by IVP, after a $24M Series A in November 2023 |
5:45 AM • | 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 |
5:30 AM • | Nilay Patel / The Verge: Q&A with GoDaddy CEO Aman Bhutani on running the company since 2019, competing with Squarespace, Wix, and more, AI, social media, the Airo service, and more |
5:15 AM • | 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 |
4:55 AM • | 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 |
4:10 AM • | Bill Donahue / Billboard: Drake initiates legal action against UMG and Spotify for allegedly using bots, payola, and more to pump Kendrick Lamar's Not Like Us, a track that attacks Drake |
1:50 AM • | Bloomberg: Sources: Xiaomi prepares a self-designed chip for its smartphones, to reduce its reliance on Qualcomm and MediaTek, with mass production set to begin in 2025 |
1:00 AM • | Financial Times: Sources: Apple talked to local tech firms to power Apple Intelligence in China; a CAC official says approval without a partner is a “difficult and long process” |
12:50 AM • | Reuters: A Japanese government source says Japan's FTC raided Amazon Japan on November 26 over allegations of inappropriately urging sellers to lower prices on Amazon |
10:20 PM • | Bloomberg: Sources: Qualcomm's interest in an Intel acquisition has cooled; CEO Cristiano Amon says “right now, at this time, we have not identified any large acquisition” |
9:15 PM • | Casey Newton / Platformer: A look at Bluesky's moderation efforts as its growth surges; Bluesky plans to quadruple the size of its contract workforce of content moderators from 25 to 100 |
8:40 PM • | Financial Times: Telegram's H1 2024 unaudited financial docs: revenue up 190% YoY to $525M, a $335M post-tax profit, and $1.3B in digital assets, vs. nearly $400M at 2023's end |
8:15 PM • | Reuters: Brazil's antitrust regulator says Apple must allow app developers to link to external payment methods and to offer non-Apple in-app payment processing options |
7:00 PM • | Wall Street Journal: A ransomware attack on major supply chain software provider Blue Yonder is disrupting operations at Starbucks, the UK's Sainsbury's and Morrisons, and others |
5:35 PM • | Maria Deutscher / SiliconANGLE: N-able, which sells software for managed service providers and spun off from SolarWinds in 2021, acquires DC-based cybersecurity company Adlumin in a $266M deal |
4:55 PM • | Jordan Novet / CNBC: Zoom reports Q3 revenue up 4% YoY to $1.18B, vs. $1.16B est., net income up 47% YoY to $207.1M, and drops “Video” from its name, now Zoom Communications Inc. |
4:05 PM • | Teresa Xie / Bloomberg: Tron founder Justin Sun invests $30M in Donald Trump's World Liberty Financial, making him the largest investor in the DeFi project; the US SEC sued Sun in 2023 |
3:40 PM • | Jody Godoy / Reuters: A US judge sets an April 14 trial date for an FTC lawsuit from 2020 that alleges Meta acted illegally by acquiring Instagram and WhatsApp to crush competition |
3:10 PM • | Washington Post: The US DOJ and Google made their closing arguments in the ad-market antitrust case before Judge Leonie Brinkema, who expressed some skepticism toward both sides |
2:55 PM • | David Gilmour / Mediaite: Elon Musk appears to confirm that X deprioritizes posts with links in their main text, to stop “lazy linking”, and tells users to “put the link in the reply” |
1:50 PM • | Chris Welch / The Verge: Threads begins testing an option to set For You, Following, or a custom feed as the default, another improvement seemingly sparked by competition from Bluesky |
1:20 PM • | Kyle Wiggers / TechCrunch: Anthropic debuts the Model Context Protocol, an open-source standard for connecting AI assistants to data sources, to help AI models give more relevant answers |
1:15 PM • | Katie Roof / Bloomberg: Austin-based anti-ransomware startup Halcyon raised $100M at a $1B valuation led by Evolution Equity Partners, bringing its total funding to date to $190M |
12:15 PM • | Aisha Malik / TechCrunch: Instagram adds the ability for users to share their locations with friends via DMs for up to one hour, in select countries |
11:55 AM • | The Information: Sources: Apple's thin iPhone prototypes are 5mm to 6mm thick, below the iPhone 16's 7.8mm, and might be too thin for a physical SIM, which may hurt China sales |
11:00 AM • | Les Pounder / Tom's Hardware: Raspberry Pi Pico 2 W review: the new $7 microcontroller is low cost, faster, and adds more RAM and Wi-Fi connectivity, but still uses micro USB |
10:20 AM • | Ingrid Lunden / TechCrunch: Tel Aviv-based Appcharge, which helps game developers build websites to sell gaming currencies and other virtual goods, raised $26M at a $100M valuation |
10:10 AM • | Stephen Nellis / Reuters: Nvidia unveils Fugatto, an AI model for generating music and audio that can also modify voices, trained on open-source data, and weighs whether to release it |
9:50 AM • | Financial Times: The EU says Bluesky breaches its rules for not disclosing key details about itself, and has asked 27 governments to see “if they can find any trace of Bluesky” |
9:05 AM • | Aisha S Gani / Bloomberg: Klarna reports ~$1.85B in Q1 to Q3 2024 revenue, up 23% YoY, pretax loss down 99% YoY to ~$180K, and Q3 net income up 57% YoY to ~$19.7M, as its US IPO nears |
8:50 AM • | Kyle Wiggers / TechCrunch: PlayAI, which uses AI to clone voices for $49 or $99 per month and recently rolled out AI agents, raised a $21M seed co-led by 500 Startups and Kindred Ventures |
8:40 AM • | Paul Sawers / TechCrunch: Italian private equity firm Bending Spoons plans to take cloud video management and monetization platform Brightcove private in a deal valued at $233M |
8:35 AM • | James Hunt / The Block: MicroStrategy bought 55,500 bitcoin for ~$5.4B cash at an average price of $97,862 between November 18 and November 24, taking its holdings to ~386,700 bitcoin |
7:50 AM • | Peter Chapman / Bloomberg: The EU says Corning offered commitments in a bid to settle an antitrust probe over alleged exclusive Gorilla Glass deals, including waiving exclusive clauses |
6:45 AM • | Carolyn Cohn / Reuters: Insurance broker Howden: cyberattacks have lost UK businesses ~£44B in revenue in the past five years and 52% of companies have reported at least one attack |
6:20 AM • | Eri Sugiura / Financial Times: Airbnb plans to let tenants in nearly 1,500 flats owned by Greystar in London to sublet homes on a part-time basis, expanding on a 2022 Greystar partnership |
5:55 AM • | Sarah Kessler / New York Times: US coding boot camp graduates are facing a tough job market due to AI coding tools and mass layoffs; CompTIA: developer job listings are down 56% since 2019 |
5:35 AM • | Bloomberg: Sources: Sony is in the early stages of developing a portable console for PS5 games, building on the PlayStation Portal, although its debut is likely years away |
3:50 AM • | Gary Marcus / Marcus on AI: A skeptical look at the new AI scaling “laws”, including post-train duration and “inference time compute”, and why they may fail to predict AI model performance |
2:05 AM • | Asa Fitch / Wall Street Journal: A look at the rise of super clusters, which use ~100K Nvidia GPUs for training giant AI models, and the new engineering challenges arising from large clusters |
12:10 AM • | Brendan Greeley / Financial Times: A bitcoin reserve is a resilience strategy for the “hodlers”, not the US state, as a long-term bet on bitcoin is bullish on a permanent institutional collapse |