Apple gets 36% of Google's revenue in search deal
Bay Area Times
November 14, 2023
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Top stories today:
- Apple gets 36% of Google's revenue in search deal
- CPI, core CPI expected at 0.1%, 0.3% for Oct.
- Life expectancy gender gap increasing
- Israel says Hamas continues to operate within hospitals
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).
All times are ET.
1. Apple gets 36% of Google's revenue in search deal
The number was supposed to be confidential, but an expert witness testified about it during Google's defense in its D.C. antitrust trial.
2. CPI, core CPI expected at 0.1%, 0.3% for Oct., with core above its 0.16% monthly target
CPI: expected at 0.1% MoM / 3.3% YoY in October, from 0.4% / 3.7% in September.
Core CPI: exp. at 0.3% / 4.1%, from 0.3% / 4.1%.
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4. Life expectancy gender gap increasing due to Covid, accidents, homicide, heart disease
Women 79.3, men 73.5: U.S. life expectancy in 2021.
Gap of 5.8 years largest in 30 years.
Life expectancy in the U.S. has been falling significantly since 2020
5. Israel says Hamas continues to operate within hospitals, as 70-hostage swap nears
70 hostages for 5-day truce: deal may be near.
Rantisi Hospital held Hamas explosives center: IDF.
Al-Shifa Hospital: IDF says it offers incubators, respirators.
Defense Minister: Hamas has lost control of Gaza.
6. South Korea’s memory-chip exports +1% YoY in Oct., after -18% in Sep.
7. Commercial loans’ non-judicial foreclosure sale notices hit record in 2023
8. Russia exporting most of its oil above $60 price cap
Russia has successfully used its “shadow fleet” of ageing oil tankers to circumvent Western sanctions.
9. Interesting videos, posts, and memes
10. Other headlines
AI
NVIDIA showcases H200 chip.
YouTube to require AI disclosures.
35 VC firms sign pledge to invest in responsible AI.
Youtube co-founder launching EyeTell, AI to generate video scripts.
OpenAI’s 6-member non-profit board: a look at.
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Tech
Foxconn’s revenue -12% YoY to $47.6B in Q3, income +11% to $1.3B.
Brex’s revenue +1% QoQ to $283M ARR in Q3, expenses still 2x its revenue.
SpaceX’s Starship to make 2nd test flight as early as Friday.
Snap to allow direct purchases of Amazon products, following Meta.
Uber Tasks in testing in Florida and Alberta.
Truth Social: $4M in revenue, -$73M in losses since 2022 launch.
WhatsApp launches voice chat feature for larger groups.
X to change algorithm to highlight posts from smaller accounts.
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Sportradar: NBA player tracking measures usage like never before.*
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Tech & law
Biotech
Business
Crypto
The Block sold to Foresight Ventures at $70M valuation.
FTX former employee seeks $275K in unpaid bonus.
Crypto.com gets Dubai license.
U.S. politics
Nikki Haley will launch $10M ad campaign in Iowa and NH in Dec.
Speaker Johnson proposes stopgap bill to avert shutdown on Fri.
Supreme Court launches code of conduct amid ethics scrutiny.
Trump: federal prosecutors object against televising D.C. trial.
Former Trump lawyer: “boss not going to leave.”
Maryanne Barry, Trump’s eldest sister, dies at 86.
World
Biden, Xi to announce deal for China to crack down on fentanyl.
Argentina’s inflation hit 143% before Sunday’s runoff elections.
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