Sources: Elon Musk has given investors who backed his $44B Twitter acquisition 25% of the shares in xAI, which is set to close a $5B round at a $50B valuation (Financial Times)

Analysis: Elon Musk posted about Trump's cabinet picks 70+ times from November 7 to 20 to promote his preferred candidates; Trump picked others in several cases (Reuters)

Reuters: Analysis: Elon Musk posted about Trump's cabinet picks 70+ times from November 7 to 20 to promote his preferred candidates; Trump picked others in several cases  —  Billionaire Elon Musk has been using his social media platform X to go to bat for President-elect Donald Trump's cabinet picks …

Published: 2024-11-27 14:20:00

US police are testing Axon's Draft One, an AI tool that generates police reports directly from Axon's bodycam audio, with 75 officers in Colorado and elsewhere (Barbara Booth/CNBC)

Barbara Booth / CNBC: US police are testing Axon's Draft One, an AI tool that generates police reports directly from Axon's bodycam audio, with 75 officers in Colorado and elsewhere  —  With law enforcement focused on reducing crime rates and budget pressures, while recruiting and retaining staff …

Published: 2024-11-27 13:40:00

A look at the UK's planned Digital Markets Unit, which will regulate US tech companies under the DMCC, passed in May 2024, and have the power to halt any M&A (Ashley Rindsberg/Pirate Wires)

Ashley Rindsberg / Pirate Wires: A look at the UK's planned Digital Markets Unit, which will regulate US tech companies under the DMCC, passed in May 2024, and have the power to halt any M&A  —  london's digital markets, competition and consumers act gives regulators the power to stop any acquisition, anywhere, for basically any reason they want

Published: 2024-11-27 13:05:02

Sources: Guangzhou-based self-driving company Pony.AI raised $260M after pricing its US IPO at $13 per share, the top of the range, implying a ~$4.5B valuation (Bloomberg)

Bloomberg: Sources: Guangzhou-based self-driving company Pony.AI raised $260M after pricing its US IPO at $13 per share, the top of the range, implying a ~$4.5B valuation  —  - Guangzhou-headquartered company prices shares at $13 each  — Company is set to list American depositary shares Wednesday

Published: 2024-11-27 12:30:08

Sources: Elon Musk's xAI plans to debut a consumer app as soon as December; the startup built its Colossus data center, which uses 100K Nvidia GPUs, in 122 days (Wall Street Journal)

Wall Street Journal: Sources: Elon Musk's xAI plans to debut a consumer app as soon as December; the startup built its Colossus data center, which uses 100K Nvidia GPUs, in 122 days  —  The Tesla CEO is racing to make xAI, which launched after its competitors, the world's most advanced AI company

Published: 2024-11-27 12:05:01

Amsterdam-based Just Eat plans to delist from the London Stock Exchange on December 27 owing to the low liquidity, shifting to just an Amsterdam listing (Sarah Jacob/Bloomberg)

Sarah Jacob / Bloomberg: Amsterdam-based Just Eat plans to delist from the London Stock Exchange on December 27 owing to the low liquidity, shifting to just an Amsterdam listing  —  The Amsterdam-headquartered meal delivery firm intends to cancel its secondary listing from the London Stock Exchange to reduce the associated …

Published: 2024-11-27 11:40:14

Anthropic updates Claude to add custom writing styles for tone and length, aiming to personalize its replies, following similar ChatGPT and Gemini features (Jess Weatherbed/The Verge)

Jess Weatherbed / The Verge: Anthropic updates Claude to add custom writing styles for tone and length, aiming to personalize its replies, following similar ChatGPT and Gemini features  —  Anthropic is adding a new feature to its Claude AI assistant that will give users more control over how the chatbot responds to different writing tasks.

Published: 2024-11-27 11:25:03

IDC expects global smartphone shipments to grow 6.2% YoY to 1.24B units in 2024, due to Android shipments growing 7.6% YoY and iPhone shipments growing 0.4% YoY (IDC)

IDC: IDC expects global smartphone shipments to grow 6.2% YoY to 1.24B units in 2024, due to Android shipments growing 7.6% YoY and iPhone shipments growing 0.4% YoY  —  Worldwide smartphone shipments are forecast to grow 6.2% year-over-year in 2024 to 1.24 billion units, according …

Published: 2024-11-27 11:00:43

Singapore, which has clear AV guidelines, is deploying self-driving buses and more as a way to overcome labor shortages and use its scarce land more efficiently (Sandy Ong/Rest of World)

Sandy Ong / Rest of World: Singapore, which has clear AV guidelines, is deploying self-driving buses and more as a way to overcome labor shortages and use its scarce land more efficiently  —  The tiny country has embraced autonomous vehicles as a way to overcome labor shortages and use its scarce land more efficiently.

Published: 2024-11-27 10:30:00

Game console makers rethink selling more powerful machines, as performance improvements become less dramatic and consumers can't tell between 4K and 8K graphics (Bloomberg)

Bloomberg: Game console makers rethink selling more powerful machines, as performance improvements become less dramatic and consumers can't tell between 4K and 8K graphics  —  The human eye can't really tell the difference between 4K and 8K resolution.  —  Video game console manufacturers …

Published: 2024-11-27 09:55:01

Study: about 85% of US unicorn startups that have gone public were unprofitable in 2023, despite most having been founded more than fifteen years earlier (Jeffrey Funk/American Affairs Journal)

Jeffrey Funk / American Affairs Journal: Study: about 85% of US unicorn startups that have gone public were unprofitable in 2023, despite most having been founded more than fifteen years earlier  —  Financial losses for today's start-ups are much more common than they were decades ago, and the losses are much bigger.

Published: 2024-11-27 09:00:51

A look at the evolution of China's chip industry and Huawei under US export controls, as GPUs have become the new focal point of US-China tech competition (Paul Triolo/American Affairs Journal)

Paul Triolo / American Affairs Journal: A look at the evolution of China's chip industry and Huawei under US export controls, as GPUs have become the new focal point of US-China tech competition  —  Since I last wrote about China's responses to U.S. export controls in these pages, in February 2024, much has changed …

Published: 2024-11-27 07:45:00

Roblox is offering 25% more Robux for users buying on the web and via gift cards than those making an IAP via Apple's App Store or Google's Play Store (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch: Roblox is offering 25% more Robux for users buying on the web and via gift cards than those making an IAP via Apple's App Store or Google's Play Store  —  As scrutiny around Apple and Google's app store fees ramps up around the world, Roblox is now offering users who buy its game currency …

Published: 2024-11-27 07:35:01

Huawei's HarmonyOS NEXT in the Mate 70, 70 Pro, 70 Pro+, and X6 is its first fully self-developed mobile OS that reportedly doesn't use open-source Android code (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC: Huawei's HarmonyOS NEXT in the Mate 70, 70 Pro, 70 Pro+, and X6 is its first fully self-developed mobile OS that reportedly doesn't use open-source Android code  —  Huawei on Tuesday launched the Mate 70 series of smartphones that can run on the company's latest self-developed operating system …

Published: 2024-11-27 07:00:38