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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. (Jordan Novet/CNBC)
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
Tron founder Justin Sun invests $30M in Trump's World Liberty Financial, making him the largest investor in the DeFi project (Teresa Xie/Bloomberg)
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
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 (Jody Godoy/Reuters)
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
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 (Washington Post)
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
Elon Musk appears to confirm that posts containing links in their main text are deprioritized on X, saying it is to stop "lazy linking" (David Gilmour/Mediaite)
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
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 (Chris Welch/The Verge)
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
Anthropic announces the Model Context Protocol, an open source standard for connecting AI assistants to data sources (Kyle Wiggers/TechCrunch)
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
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 (Katie Roof/Bloomberg)
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
Instagram adds the ability for users to share their locations with friends via DMs for up to one hour, in select countries (Aisha Malik/TechCrunch)
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
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 (The Information)
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
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 (Les Pounder/Tom's Hardware)
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
Tel Aviv-based Appcharge, which helps game developers build websites to sell gaming currencies and other virtual goods, raised $26M at a $100M valuation (Ingrid Lunden/TechCrunch)
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
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 (Stephen Nellis/Reuters)
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
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" (Financial Times)
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
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 (Aisha S Gani/Bloomberg)
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
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