Joshua Benton / Nieman Lab:
Trump’s new FCC nominee promises to bring Project 2025-style governance to media — In September, I went through all the proposals from Project 2025 — the Heritage Foundation’s policy blueprint for a second Trump term — that would have a direct impact on the media.
Musk asked X users to try “submitting x-ray, PET, MRI or other medical images to Grok for analysis” weeks ago; many have, and HIPAA protections may not apply (Elizabeth Passarella/New York Times)
Elizabeth Passarella / New York Times:
Musk asked X users to try “submitting x-ray, PET, MRI or other medical images to Grok for analysis” weeks ago; many have, and HIPAA protections may not apply — Privacy experts cringed when people started feeding their medical images to the A.I. tool Grok.
Goldman Sachs says it is reaching out to potential partners about plans to spin out its digital-assets platform within 12 to 18 months (Anna Irrera/Bloomberg)
Anna Irrera / Bloomberg:
Goldman Sachs says it is reaching out to potential partners about plans to spin out its digital-assets platform within 12 to 18 months — – The bank is looking to create separate industry-owned company — Tech allows firms to issue and settle assets on the blockchain
India fines Meta ~$25M and imposes new data rules, over antitrust issues from 2021 when it removed a way to opt out of sharing WhatsApp data with Meta companies (Manish Singh/TechCrunch)
Manish Singh / TechCrunch:
India fines Meta ~$25M and imposes new data rules, over antitrust issues from 2021 when it removed a way to opt out of sharing WhatsApp data with Meta companies — India’s competition watchdog has ordered WhatsApp to stop sharing user data with other Meta units for advertising purposes …
News influencers survey: 20% of US adults say they get news from social media influencers, 85% of influencers are on X and 27% identify as right-wing, and more (Pew Research Center)
Pew Research Center:
News influencers survey: 20% of US adults say they get news from social media influencers, 85% of influencers are on X and 27% identify as right-wing, and more — The creators and consumers in the world of news and information on social media — Table of Contents Table of Contents
MicroStrategy bought ~51,780 bitcoin for ~$4.6B between November 11 and November 17, its largest purchase since starting in 2020, and now holds $29B+ in bitcoin (Dave Liedtka/Bloomberg)
Dave Liedtka / Bloomberg:
MicroStrategy bought ~51,780 bitcoin for ~$4.6B between November 11 and November 17, its largest purchase since starting in 2020, and now holds $29B+ in bitcoin — The enterprise software maker, whose corporate strategy includes buying the cryptocurrency, bought the tokens between Nov. 11 and Nov. 17 …
Roblox rolls out parental controls and gatekeeping features, like letting parents link accounts with a child and banning text chat for under 13s outside games (Sarah E. Needleman/Wall Street Journal)
Sarah E. Needleman / Wall Street Journal:
Roblox rolls out parental controls and gatekeeping features, like letting parents link accounts with a child and banning text chat for under 13s outside games — Videogame company has denied the allegations and says the new protections were planned before a short seller’s report
PitchBook: in 2023, US VCs returned $26B worth of shares back to investors, the lowest amount since 2011, and invested $60B more than they collected, a record (Berber Jin/Wall Street Journal)
Berber Jin / Wall Street Journal:
PitchBook: in 2023, US VCs returned $26B worth of shares back to investors, the lowest amount since 2011, and invested $60B more than they collected, a record — Investors hope the Trump administration will make tech acquisition deals easier — Silicon Valley’s venture-capital firms …
How Substack is betting on politics content and recruiting stars like Nate Silver, as profits remain elusive; sources: Elon Musk sought to buy it in April 2023 (New York Times)
New York Times:
How Substack is betting on politics content and recruiting stars like Nate Silver, as profits remain elusive; sources: Elon Musk sought to buy it in April 2023 — The newsletter start-up, which once drew an overture from Elon Musk, is betting on politics content and recruiting stars.
Xiaomi reports Q3 revenue up 31% YoY to ~$12.8B, above ~$12.4B est., and a ~$738.5M net income, above ~$653M est., buoyed by growing smartphone and EV sales (Bloomberg)
Bloomberg:
Xiaomi reports Q3 revenue up 31% YoY to ~$12.8B, above ~$12.4B est., and a ~$738.5M net income, above ~$653M est., buoyed by growing smartphone and EV sales — – Xiaomi again raises delivery target for SU7 sedan for 2024 — Handset shipments grow thanks to continued industry recovery
