Christiaan Hetzner / Fortune:
Three Nvidia customers spent a collective $12.6B in Q3, when it had a total revenue of $35.1B; each of them spent $10B+ in the nine months to October — Nvidia founder and CEO Jensen Huang doesn’t have any real competition in the market for AI training chips. — MADS CLAUS RASMUSSEN—RITZAU SCANPIX/AFP VIA GETTY IMAGES
The EU closes a four-year long investigation into Apple’s rules for e-book and audiobook app developers after the complainant withdrew its complaint (Foo Yun Chee/Reuters)
Foo Yun Chee / Reuters:
The EU closes a four-year long investigation into Apple’s rules for e-book and audiobook app developers after the complainant withdrew its complaint — EU antitrust regulators on Friday closed a four-year long investigation into Apple’s (AAPL.O) rules for competing e-book and audiobook apps developers …
Microsoft President Brad Smith calls on Donald Trump to “push harder” against cyberattacks from Russia, China, and Iran amid a wave of state-sponsored hacks (Tim Bradshaw/Financial Times)
Tim Bradshaw / Financial Times:
Microsoft President Brad Smith calls on Donald Trump to “push harder” against cyberattacks from Russia, China, and Iran amid a wave of state-sponsored hacks — Big Tech group’s president calls on new US administration to take tougher approach on state-sponsored cyber attacks
A UK CMA report finds that Apple’s policies hold back innovation in mobile browsers and recommends investigating Apple and Google’s mobile ecosystems (Tim Hardwick/MacRumors)
Tim Hardwick / MacRumors:
A UK CMA report finds that Apple’s policies hold back innovation in mobile browsers and recommends investigating Apple and Google’s mobile ecosystems — Apple’s restrictions on mobile browsers are limiting innovation and holding back new features that could benefit iPhone users …
Filing: Japanese chipmaker Kioxia plans its Tokyo Stock Exchange debut on December 18 and sets its indicative IPO price at about $9 per share to raise ~$180M (Yuki Furukawa/Bloomberg)
Yuki Furukawa / Bloomberg:
Filing: Japanese chipmaker Kioxia plans its Tokyo Stock Exchange debut on December 18 and sets its indicative IPO price at about $9 per share to raise ~$180M — – Former Toshiba memory unit nears listing after multiple delays — Company needs to invest more to catch up to Samsung in NAND
Q&A with Sam Liang, CEO of AI transcription app Otter.ai that claims to have ~20M users, on plans to create personalized AI avatars for online meetings and more (Elaine Moore/Financial Times)
Elaine Moore / Financial Times:
Q&A with Sam Liang, CEO of AI transcription app Otter.ai that claims to have ~20M users, on plans to create personalized AI avatars for online meetings and more — Co-founder of transcription start-up reckons we can even let avatars take our place in work interactions
Texas AG opens a probe into the World Federation of Advertisers to determine if it conspired to boycott “certain social media platforms”; X sued WFA in August (Maxwell Zeff/TechCrunch)
Maxwell Zeff / TechCrunch:
Texas AG opens a probe into the World Federation of Advertisers to determine if it conspired to boycott “certain social media platforms”; X sued WFA in August — Texas Attorney General Ken Paxton announced on Thursday he is opening an investigation into the World Federation of Advertisers …
The UK plans to draft a regulatory framework to oversee stablecoins and staking services as part of a single overarching regime for cryptoassets in early 2025 (Emily Nicolle/Bloomberg)
Emily Nicolle / Bloomberg:
The UK plans to draft a regulatory framework to oversee stablecoins and staking services as part of a single overarching regime for cryptoassets in early 2025 — – Planned legislation pushed back due to change of government — New administration to publish single overarching crypto regime
Klarna’s planned US IPO in H1 2025 could presage an uptick in IPOs by fintechs like Trustly, Chime, Zilch, Plaid, and Revolut after a relatively slow period (Bloomberg)
Bloomberg:
Klarna’s planned US IPO in H1 2025 could presage an uptick in IPOs by fintechs like Trustly, Chime, Zilch, Plaid, and Revolut after a relatively slow period — – Trustly, Chime, Zilch among candidates for a stock listing — Sector stocks have bounced back after painful IPO losses
Brave Search introduces AI chat to let users ask follow-up questions to initial queries, bringing together capabilities of chat-first and search-first tools (Aisha Malik/TechCrunch)
Aisha Malik / TechCrunch:
Brave Search introduces AI chat to let users ask follow-up questions to initial queries, bringing together capabilities of chat-first and search-first tools — Brave announced on Thursday that it’s introducing an AI chat mode for follow-up questions based on initial queries on Brave Search.
