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December 1, 2024, 6:25 PM
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| Kyle Wiggers / TechCrunch: |
Elon Musk files for an injunction to halt OpenAI's for-profit transition, alleging that OpenAI is discouraging investors from backing rivals like xAI, and more — Attorneys for tech billionaire Elon Musk have filed for a preliminary injunction against OpenAI, several of its co-founders …
More: CourtListener, PYMNTS.com, Benzinga, The Verge, CNBC, The Indian Express, Engadget, WinBuzzer, PCMag, Agence France-Presse, The Decoder, Mashable, Cryptopolitan, Neowin, Bloomberg, Business Insider, The Information, Tech in Asia, and CoinGape
Bluesky: @edzitron.com, @secure-circuit, @dead.place, and @romitmehta.com. Mastodon: @Kierkegaanks@beige.party
Forums: r/law, r/OpenAI, r/aiwars, r/singularity, and r/ChatGPT
| Financial Times: |
OpenAI says it plans to build data centers in parts of the US Midwest and Southwest; sources: OpenAI is spending $5B+ a year and is “not close to breaking even” — ChatGPT-maker aims for big boost from new AI products, Apple partnership and infrastructure investment| Alexandre Tanzi / Bloomberg: |
A look at Death Clock, an app that claims to predict the user's likely date of death by using an AI model trained on a dataset of 1,200+ life expectancy studies — - Model trained on longevity studies is popular on fitness app — Technology may have wider applications in economics, finance
More: TechCrunch and Cryptopolitan
| Ingrid Lunden / TechCrunch: |
Salesforce says online Black Friday sales grew 5% YoY to $74.4B globally, including $17.5B in the US, up 7% YoY; Adobe: US online sales grew 10.2% YoY to $10.8B — The momentum of Thanksgiving — which saw consumers spend a record $33.6 billion spent globally online on the day — looks like it continued into Black Friday, with a bang.
More: VICE, Digital Journal, PCMag, Retail Dive, New York Post, Barron's Online, Scripps News, Reuters, Bloomberg, WWD, Digital Commerce 360, and CNN
| Ingrid Lunden / TechCrunch: |
| Financial Times: |
Some UK policymakers worry whether Elon Musk will complicate UK-US ties, as his diatribes against the Labour government extend well beyond tech and free speech — A London-based VC has connected Boris Johnson and the Tesla chief, who Tony Blair has praised as ‘an extraordinary innovator’
More: Breitbart. Bluesky: @pickardje, @edwardluce, and @bondhack
X: @elonmusk, @maxtempers, @xdaily, @newstatesman, @sophyridgesky, @supertyler, @edwardgluce, @elonmusk, @elonmusk, and @ianbirrell. Forums: r/ukpolitics
| Bloomberg: |
Q&A with Nokia CEO Pekka Lundmark on Nokia's mobile phone failure, moving from mobile and fixed networks into data centers and defense, fine-tuning 5G, and more — Pekka Lundmark sees opportunities for the Finnish communications company to grow in defense and data centers.
X: @business
| Yoolim Lee / Bloomberg: |
A profile of SK Group Chairman Chey Tae-won, who made a highly risky bet to acquire debt-ridden Hynix in 2012 to form SK Hynix, which is now valued at ~$80B — The race to win the AI chip market is akin to Squid Game, quipped an industry insider during a lunch meeting recently. It's intense.
X: @business
| Iris Kim / NBC News: |
How Indigenous engineers are using AI to preserve Native American languages, building speech recognition models for 200+ endangered languages in North America — Indigenous languages are rapidly disappearing, and AI could help preserve them, according to Indigenous technologists.| Mariella Moon / Engadget: |
Bluesky requires parody, satire, and fan accounts to label themselves as such, after a researcher found 44 of its 100 most-followed accounts have a doppelganger — Parody and fan accounts will have to clearly label their profiles. — Bluesky has updated its impersonation policy to be …
More: TechCrunch, PhoneArena, TechRadar, Boston Herald, Mashable, Neowin, and Digital Trends
Bluesky: @mikebutcher, @hypervisible, @catholic, @only-good-news, @dpiland, @myrstad, @whitehouse.wtf, @safety.bsky.app, @stephenjcaruso, and @rahaeli. Forums: Slashdot
| Sidhartha Shukla / Bloomberg: |
Ethereum faces questions over its direction as its reliance on Layer-2 blockchains grows, leading to lower fee collection, while rivals like Solana gain ground — - The blockchain has seen fees slide after technical upgrades — Criticisms have weighed on Ether, which has underperformed
More: Unchained, Cryptopolitan, The Block, CoinDesk, and Cointelegraph
X: @balajis, @viktorbunin, @naval, @koeppelmann, @iamdcinvestor, @blockgraze, @laurashin, @jessepollak, @koeppelmann, @justintrimble, @lowbeta_, @joemccann, @jihoz_axie, @divine_economy, @jswihart, @phtevenstrong, @laurashin, @divine_economy, @ercwl, @jihoz_axie, @iamdcinvestor, @iamdcinvestor, @hosseeb, @theblockpro__, @ayyyeandy, @trungtphan, @cwgoes, @axel_bitblaze69, @iamdcinvestor, @theblockpro__, and @jesincomments. Forums: r/ethtrader
| Josh Taylor / The Guardian: |
Meta says it will require advertisers globally to get verified before running financial service ads targeting Australian users, starting in early February 2025 — Exclusive: Businesses to require financial services license number to post Facebook ads, while individuals will need government-issued ID
More: Reuters, AdNews News, Australian Financial Review, Money magazine, Mediaweek, and The Canberra Times. Forums: r/technology
| Jack Coleman / TheGamer: |
Star Citizen, a video game in development since 2012, has now raised $750M+ in crowdfunding, and its single-player spin-off Squadron 42 won't be out until 2026 — - Star Citizen has eclipsed $750 million in crowdfunding. — There is no release date in sight for Star Citizen.Sponsor Posts
Termina:
AI Powered Diligence at Scale — VCs and founders deploy Termina AI Scans on >12% of all known series A+ deals to uncover hidden risks and opportunities. Explore how you too can invest and build better companies with AI.
AI Powered Diligence at Scale — VCs and founders deploy Termina AI Scans on >12% of all known series A+ deals to uncover hidden risks and opportunities. Explore how you too can invest and build better companies with AI.
Intel:
Intel Delivers powerful CPUs for AI and Networking — With the onset of AI, businesses demand powerful and efficient CPUs. Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Intel Delivers powerful CPUs for AI and Networking — With the onset of AI, businesses demand powerful and efficient CPUs. Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Zoho:
Women's Day Special: Practical Lessons from Zoho's Women Leaders on Productivity — On this International Women's Day, it's great to take a moment to recognize some of the incredible women at Zoho who are making a real difference.
Women's Day Special: Practical Lessons from Zoho's Women Leaders on Productivity — On this International Women's Day, it's great to take a moment to recognize some of the incredible women at Zoho who are making a real difference.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box 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 & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Techmeme Ride Home:
(Omnibus) Week Of 03/03/2025
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Decoder with Nilay Patel:
Flying is still safe for now -- but the FAA isn't
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
Notion's lost years, its near collapse during Covid, staying small to move fast, the joy and suffering of building horizontal, more | Ivan Zhao (CEO and co-founder)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Generative Now:
Josh Mohrer: Is the Future of AI Businesses A Solo Pursuit?
A podcast from Lightspeed dedicated to highlighting the stories, strategies and insights behind today's most exciting AI companies.
Subscribe to Generative Now.
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| Lauren Feiner / The Verge: |
More: BetaKit, PhoneArena, KUNC, Instapundit, The Student Lawyer, and The Hindu