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Top stories today:
- Telegram CEO Durov hacked by France, UAE in 2017
- VC funding in Chinese startups slowing further in Q3
- Corporate funding rounds account for 12% of startup funding in 2023
- Appleās global revenues to surpass $400B for the first time in 2024
- Smartphone shipments expected to +6% in 2024, driven by GenAI optimism
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
1. Telegram CEO Durov hacked by France, UAE in 2017, had dinner with Macron in 2018
Macron invited Durov to move Telegram to Paris in 2018.
Telegram allegedly ignored subpoenas & court orders for years.
Telegram says it complies with the EUās Digital Services Act.
Tonight: deadline for French authorities to release or charge Durov.
Tech execsā liability fears sparked by Durovās arrest.
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