Callie Holtermann / New York Times:
Bluesky says it has gained 1M+ users in the week since the US election, mostly in the US, the UK, and Canada, and now has 14.7M users in total — With one million new accounts added since the U.S. elections, Bluesky has solidified itself as an option for people looking to change their social media service.
Sources: top crypto executives are courting Bitcoin enthusiast and Trump transition co-chair Howard Lutnick; the industry is seeking to reshape the SEC and more (New York Times)
New York Times:
Sources: top crypto executives are courting Bitcoin enthusiast and Trump transition co-chair Howard Lutnick; the industry is seeking to reshape the SEC and more — As Bitcoin soars to record highs, cryptocurrency executives are maneuvering to influence Donald J. Trump’s transition and secure their policy goals.
How Roger Ver, known as “Bitcoin Jesus”, is fighting the IRS, which says he owes $48M+ after selling $240M in tokens, from Mallorca after his April 2024 arrest (Bloomberg)
Bloomberg:
How Roger Ver, known as “Bitcoin Jesus”, is fighting the IRS, which says he owes $48M+ after selling $240M in tokens, from Mallorca after his April 2024 arrest — – Roger Ver charged with underreporting value of token holdings — Longtime crypto investor renounced US citizenship in 2014
Charles Sporck, an early champion of globalization who moved some of Fairchild’s chip assembly operations from the US to Hong Kong in the 1960s, died at 96 (James R. Hagerty/Wall Street Journal)
James R. Hagerty / Wall Street Journal:
Charles Sporck, an early champion of globalization who moved some of Fairchild’s chip assembly operations from the US to Hong Kong in the 1960s, died at 96 — He argued that offshoring allowed the U.S. semiconductor industry to create more high-paying jobs at home
How Italy became an unexpected spyware hub, going under the radar by specializing in cheaper tools, as authorities carry out thousands of operations since 2021 (Suzanne Smalley/The Record)
Suzanne Smalley / The Record:
How Italy became an unexpected spyware hub, going under the radar by specializing in cheaper tools, as authorities carry out thousands of operations since 2021 — In April 2022, about four months after Kazakhstan’s government violently cracked down on nationwide protests …
PitchBook: Q3 2024 crypto VC funding fell 31.3% YoY to $1.7B and VC deals fell 25.3% YoY to 392, as infrastructure startups continued to draw investors’ focus (Muyao Shen/Bloomberg)
Muyao Shen / Bloomberg:
PitchBook: Q3 2024 crypto VC funding fell 31.3% YoY to $1.7B and VC deals fell 25.3% YoY to 392, as infrastructure startups continued to draw investors’ focus — – VC investment dropped 31% to $1.7 billion in the third quarter — Infrastructure startups continued to draw the focus of backers
Aicpb.com: ByteDance’s Doubao had 51M MAUs in China, the highest for AI chatbots in China, ahead of 12.5M for Baidu’s Wenxiaoyan and 10M for Moonshot AI’s Kimi (Ben Jiang/South China Morning Post)
Ben Jiang / South China Morning Post:
Aicpb.com: ByteDance’s Doubao had 51M MAUs in China, the highest for AI chatbots in China, ahead of 12.5M for Baidu’s Wenxiaoyan and 10M for Moonshot AI’s Kimi — Its popularity has been enabled by ByteDance’s deep pockets, strong product team, and a design philosophy that brings the human touch to AI
Tencent reports Q3 revenue up 8% YoY to ~$23.9B and net income up 20% YoY to ~$7.4B, vs. ~$6.2B est., buoyed by Dungeon & Fighter Mobile and Black Myth: Wukong (Zheping Huang/Bloomberg)
Zheping Huang / Bloomberg:
Tencent reports Q3 revenue up 8% YoY to ~$23.9B and net income up 20% YoY to ~$7.4B, vs. ~$6.2B est., buoyed by Dungeon & Fighter Mobile and Black Myth: Wukong — – Net income for the September quarter beat analyst estimates — Tencent kicks off a busy earnings season for China tech
CBRE: tech companies leased 9.9M square feet of US office space in Q3, up from ~8M in Q2 and the highest since Q4 2021, as demand grows from new AI companies (Peter Grant/Wall Street Journal)
Peter Grant / Wall Street Journal:
CBRE: tech companies leased 9.9M square feet of US office space in Q3, up from ~8M in Q2 and the highest since Q4 2021, as demand grows from new AI companies — The increase comes as hiring by technology companies has edged higher — Technology companies’ leasing of office space jumped …
Just Eat Takeaway announces that it is selling Grubhub to Wonder in a $650M deal expected to close in Q1 2025; Just Eat bought Grubhub for $7.3B in 2020 (Ivan Mehta/TechCrunch)
Ivan Mehta / TechCrunch:
Just Eat Takeaway announces that it is selling Grubhub to Wonder in a $650M deal expected to close in Q1 2025; Just Eat bought Grubhub for $7.3B in 2020 — Netherlands-based Just Eat Takeaway announced today that it is selling Grubhub to Wonder in a deal valued at $650 million.