Apple updates Macbook Pro, iMac with M3 chip, as expected
Bay Area Times
October 31, 2023
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Top stories today:
- Apple updates Macbook Pro, iMac with M3 chip, as expected
- SBF's cross-examination: SBF wasn't sure ~150 times
- X issues stock to employees at $19B valuation, -39% vs. $31B
- Israel expands airstrikes in Hezbollah, Gaza
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 updates Macbook Pro, iMac with M3 chip, as expected
Screenshot from event.
The iMac was upgraded directly from the M1 to the M3, but other than the chip, its features are also little changed
Screenshot from event.
Apple's announcement event was fully shot on the iPhone 15 Max Pro
USB-C is still being used in these Mac peripherals: Magic Keyboard, Magic Trackpad, and Magic Mouse. - MacRumors
2. SBF's cross-examination: prosecution points out inconsistencies, SBF wasn't sure ~150 times
The prosecution presented hard evidence and SBF said he didn't recall. Examples including: the infamous fake balance sheet with 7 versions, his testimony to Congress, his post-collapse interviews, etc.
~150 times SBF said “I don't know,” “I don't recall,” or similar language. - The Block
Today: cross-examination until lunchtime, then re-direct, and potentially the end of evidence, preparing for closing statements on Wed. - Bloomberg live
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4. X issues stock to employees at $19B valuation, -39% vs. $31B acquisition equity value
The acquisition total price tag was $44B, $13B of which was financed via debt, and $31B with equity. - Fortune
5. Israel expands airstrikes in Hezbollah sites in Lebanon, ground invasion in Gaza
The Israeli military is at 3+ miles deep into Gaza, satellite images show:
IDF: we struck Hezbollah weapons, posts, sites in Lebanon.
1 hostage rescued by IDF.
Netanyahu rejects ceasefire, comparing it to Pearl Harbor, 9/11.
House GOP's $14.3B Israel aid bill cuts same funding from IRS.
“No limits” on how Israel can use weapons: Pentagon.
100 aid trucks/day predicted by Israel.
Hezbollah prepares for possibility of drawn-out conflict.
Saudi forces on alert for 4 soldiers die in fight with Houthi forces.
Mossad chief visited Qatar for hostage negotiations.
Palestinian Authority: won't take over Gaza without 2-state solution.
China online maps remove Israel's name.
Putin blames U.S., Ukraine, West for Dagestan attack.
Just War Theory vs. American Self-Defense: Yaron Brook.
6. Del Complex proposes floating H100 cluster as sovereign nation state
Idea for seasteading 2.0, positioned in international waters in bid to avoid AI regulations. - Del Complex, X
7. Interesting videos, posts, and memes
Judge refuses attempt to deliver $23.5K settlement in 3 tons worth of coins:
8. Other headlines
AI
NVIDIA may cancel $5B of China orders after U.S. export curbs.
Mistral, LLM startup, seeks $300M in funding, 4 months after $113M round.
Google Brain founder: Big Tech lying about AI danger to get power.
UK AI Summit: Elon to join PM Rishi Sunak on Thu for livestream.
Tech
a16z raising $3.4B for early-stage, seed-stage funds, little changed.
Meta launches ad-free subscription in Europe for €9.99+/mo.
Google asked Apple to preload Google app on iOS in 2018.
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Samsung revenue -12% YoY, operating profit -78%.
Pinterest revenue +11% YoY to $685M in Q3.
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Tech & law
Stability AI lawsuit mostly dismissed, in loss of artists.
China invests $2B in memory chip firm.
Biotech
Sarepta's DMD gene therapy fails late-stage clinical trial.
Longevity LLM: AI startup Nuraxi makes bold promises.
24/7 blood pressure monitoring ring: Sky Labs raises $15M C round.
Varieties of buffalofish as negligibly senescent.
Gingivitis bacteria linked to heart disease.
Business
Saudi Arabia: GDP -4.5% in Q3, as government cut oil production.
Saudi Arabia likely to host World Cup 2034.
Telegraph: media moguls fight to buy UK newspaper.
Crypto
Marshall Islands updates DAO law: most tokens not securities.
Animoca Brands takes $50M investment from Saudi Arabia.
Bittrex's U.S. shutdown approved at bankruptcy court.
U.S. politics
Kevin McCarthy gets MAGA primary challenger.
Banned books get +12% boost in circulation: study.
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