Jordan Novet / CNBC: Zoom reports Q3 revenue up 4% YoY to $1.18B, vs. $1.16B est., net income of $207.1M, up from $141.2M, and changes its corporate name to Zoom Communications Inc. — Zoom shares were down about 1% in extended trading on Monday after the video calling software maker announced strong fiscal third-quarter results …
Published: 2024-11-25 21:55:08
Teresa Xie / Bloomberg: Tron founder Justin Sun invests $30M in Trump's World Liberty Financial, making him the largest investor in the DeFi project — - China-born crypto entrepreneur is project's largest investor — SEC sued Sun last year for violating securities regulations
Published: 2024-11-25 21:05:01
Jody Godoy / Reuters: A US judge sets an April 14 trial date for an FTC lawsuit, filed in 2020, alleging that Meta's acquisitions of Instagram and WhatsApp violated antitrust laws — Facebook owner Meta Platforms (META.O) will face trial in April over the U.S. Federal Trade Commission's allegations …
Published: 2024-11-25 20:40:01
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 — Federal prosecutors say Google's dominance of online advertising illegally hurts consumers and small businesses, while the company says it earned its place by being better.
Published: 2024-11-25 20:10:03
David Gilmour / Mediaite: Elon Musk appears to confirm that posts containing links in their main text are deprioritized on X, saying it is to stop “lazy linking” — Elon Musk confirmed that posts containing links in their main text are deprioritized on X in a revelation that renews criticism that the platform …
Published: 2024-11-25 19:55:15
Chris Welch / The Verge: Threads begins testing an option to set For You, Following, or a custom feed as the default feed, another improvement seemingly sparked by Bluesky competition — Threads will now let users decide what feed they want as their default when opening the app. Meta CEO Mark Zuckerberg announced …
Published: 2024-11-25 18:50:16
Kyle Wiggers / TechCrunch: Anthropic announces the Model Context Protocol, an open source standard for connecting AI assistants to data sources — Anthropic is proposing a new standard for connecting AI assistants to the systems where data lives. — Called the Model Context Protocol, or MCP for short …
Published: 2024-11-25 18:20:16
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 — - Texas-based security unicorn is backed by Bain, Evolution — Halcyon is raising $100 million in funding from investors
Published: 2024-11-25 18:15:00
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 — Instagram is introducing the ability for users to share their locations with their friends via DMs (direct messages), the company announced on Monday.
Published: 2024-11-25 17:15:00
The Information: Sources: the prototypes of the thin iPhone are between 5 and 6 millimeters thick, and may be too thin for a physical SIM, which could dampen China sales — Apple's desire to make its products thinner could dampen sales in China if its engineers can't overcome a design hurdle …
Published: 2024-11-25 16:55:00
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 — The RP2350 finally gets Wi-Fi! … It is fair to say that the Raspberry Pi Pico disrupted the maker community in 2021.
Published: 2024-11-25 16:00:45
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 — As Apple and Google continue to battle with regulators and publishers over whether their app stores are monopolistic …
Published: 2024-11-25 15:20:01
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 — Nvidia (NVDA.O) on Monday showed a new artificial intelligence model for generating music and audio that can modify voices …
Published: 2024-11-25 15:10:01
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” — Social media platform that has grown in exodus from Elon Musk's X is accused of not declaring user numbers
Published: 2024-11-25 14:50:01
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 — - Buy now, pay later firm's revenue up 23% in nine-month period — Klarna has filed for an initial public offering in the US
Published: 2024-11-25 14:05:01