Manish Singh / TechCrunch:
SoftBank says Vision Fund co-CEO Rajeev Misra will step down from his leadership roles; during his 10-year tenure, he led investments in WeWork, Wag, and others — SoftBank said the co-CEO of Vision Fund, Rajeev Misra, will soon step down from his leadership roles at the bank’s flagship …
SoftBank reports Q2 net income of ~$7.7B and a Vision Fund gain of ~$2.42B, driven by strong Indian IPOs and valuation gains in startups like Coupang and Didi (Bloomberg)
Bloomberg:
SoftBank reports Q2 net income of ~$7.7B and a Vision Fund gain of ~$2.42B, driven by strong Indian IPOs and valuation gains in startups like Coupang and Didi — – Vision Fund gets boost from bets on Didi and Coupang — Legacy-conscious founder Masayoshi Son is readying next gamble
Rival search engines Ecosia and Qwant launch European Search Perspective, a joint venture to develop an index of the web to reduce reliance on Google and Bing (Paresh Dave/Wired)
Paresh Dave / Wired:
Rival search engines Ecosia and Qwant launch European Search Perspective, a joint venture to develop an index of the web to reduce reliance on Google and Bing — Generative AI and new rules targeting tech giants are giving Ecosia and Qwant fuel to challenge Google and Microsoft and develop a web index for Europe.
Amazon’s Annapurna Labs plans to unveil “Trainium 2” AI chips next month, in an effort that can rival Nvidia; Trainium 2 is being tested by Anthropic and others (Financial Times)
Financial Times:
Amazon’s Annapurna Labs plans to unveil “Trainium 2” AI chips next month, in an effort that can rival Nvidia; Trainium 2 is being tested by Anthropic and others — Big Tech group’s Annapurna Labs is spending big to build custom chips that lessen its reliance on market leader
Kuo: Apple plans a smart home IP camera and aims for 10M+ annual shipments, with production scheduled for 2026; Goertek will be the exclusive assembly supplier (Ming-Chi Kuo)
Ming-Chi Kuo:
Kuo: Apple plans a smart home IP camera and aims for 10M+ annual shipments, with production scheduled for 2026; Goertek will be the exclusive assembly supplier — 1. Apple is making its first foray into the smart home IP camera market, with mass production scheduled for 2026, targeting annual shipments in the tens of millions.
Filing: a Chinese court agrees to hear a Fortnite-like case against Apple by Bodyreader, a posture correcting app Apple removed in 2020; Bodyreader seeks ~$420K (Pei Li/Bloomberg)
Pei Li / Bloomberg:
Filing: a Chinese court agrees to hear a Fortnite-like case against Apple by Bodyreader, a posture correcting app Apple removed in 2020; Bodyreader seeks ~$420K — – Beijing court agreed to hear complaint about Apple’s practices — Apple is coming under pressure in its biggest overseas market
A look at DeFlock, an open-source project that has crowdsourced the locations of 5,600+ automated license plate reader cameras globally from Flock and others (Jason Koebler/404 Media)
Jason Koebler / 404 Media:
A look at DeFlock, an open-source project that has crowdsourced the locations of 5,600+ automated license plate reader cameras globally from Flock and others — DeFlock has mapped the locations of more than a thousand ALPRs around the United States and thousands more around the world.
Signal announces a suite of call features, including the ability to share a link to a call, emoji reactions, a “raise hand” button, and a dedicated calls tab (Jay Peters/The Verge)
Jay Peters / The Verge:
Signal announces a suite of call features, including the ability to share a link to a call, emoji reactions, a “raise hand” button, and a dedicated calls tab — Signal is making a bunch of improvements to calls so they are more competitive with Zoom and Google Meet, including the ability to share a link to a call.
Bitcoin passes $89K for the first time, Tesla closes up 8.96%, Coinbase closes up 19.76%, and Robinhood closes up 7.4%, as investors pile into “Trump trades” (Financial Times)
Financial Times:
Bitcoin passes $89K for the first time, Tesla closes up 8.96%, Coinbase closes up 19.76%, and Robinhood closes up 7.4%, as investors pile into “Trump trades” — Markets expect US president-elect to take light-touch approach to regulation — Investors betting that Donald Trump’s …
Alameda Research co-CEO Sam Trabucco has agreed to hand over a slew of properties, including his yacht, to FTX creditors as part of a November 3 settlement deal (Olga Kharif/Bloomberg)
Olga Kharif / Bloomberg:
Alameda Research co-CEO Sam Trabucco has agreed to hand over a slew of properties, including his yacht, to FTX creditors as part of a November 3 settlement deal — – Former Alameda Research co-CEO reached a settlement deal — Sam Trabucco, one of Sam Bankman-Fried’s inner circle …
