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Nate Raymond / Reuters: X updates its ToS to steer any disputes by users to the US District Court for the Northern District of Texas, whose judges often favor conservative litigants  —  Elon Musk's X has updated its terms of service to steer any disputes by users of the social media platform formerly known as Twitter …

Sarah Perez / TechCrunch: X updates its Privacy Policy to allow third-party “collaborators” to train their AI models on X user data, unless the user opts out, effective November 15, 2024  —  On Wednesday, social network X (formerly Twitter) updated its Privacy Policy to indicate that it would allow third-party …

Will Shanklin / Engadget: The FCC issues new rules that will require all mobile phones sold in the US to be compatible with hearing aids, “after a transition period”  —  With the number of Americans 65 and older expected to balloon by nearly 50 percent by 2050, the rules will ensure those with hearing loss …

Todd Spangler / Variety: Netflix forecasts 2025 revenue of $43B-$44B, which would be 11%-13% higher than its 2024 guidance, and targets a 2025 operating margin of 28% vs. 27% in 2024  —  Netflix is expecting to keep growing revenue at double-digit percentages in 2025.  —  In reporting Q3 2024 results that beat analyst forecasts …

Forbes: Sources: Stripe is in talks to acquire startup Bridge, a provider of infrastructure for crypto stablecoins, for $1B; Bridge raised $58M  —  The acquisition, potentially Stripe's largest to date, would come as the $70 billion fintech high-flyer makes a bigger push into stablecoin payments.

Sarah Whitten / CNBC: Netflix reports Q3 revenue up 15% YoY to $9.83B, vs. $9.76B est., paid memberships up 14% to 282.72M, vs. 282.15M est., and net income of $2.4B  —  LOS ANGELES — Netflix reported earnings after the bell.  Here are the results.  — Earnings per share: $5.40.  That may not compare with the $5.12 expected by LSEG.

Kali Hays / Fortune: Sources: Meta laid off ~100 people, at least the third such incremental layoff at Meta in 2024, separate from those let go for improper use of Grubhub credits  —  Mark Zuckerberg at Meta Connect in 2024.  —  Scores of Meta employees have been laid off this week, as the company embraces …

Rich Woods / XDA Developers: Qualcomm cancels the Snapdragon Dev Kit, which was supposed to ship in June, and will offer refunds, as the product failed to meet its “standards of excellence”  —  - Qualcomm canceled the Snapdragon Dev Kit & will offer refunds, as the product failed to meet its “standards of excellence”.

Margaux MacColl / TechCrunch: Abel, founded by Daniel Francis, or @growing_daniel on X, to build AI that uses body cam footage and other data to fill out police reports, raised a $5M seed  —  Earlier this year, Abel founder Daniel Francis was in a car going 135 miles per hour down a highway in Oakland, California.

Samantha Cole / 404 Media: Sources: Matt Mullenweg offered another buyout offer to Automattic staff; Mullenweg appears to have redirected staff's Blind sign-up emails to himself  —  After an exodus of employees at Automattic who disagreed with CEO Matt Mullenweg's recently divisive legal battle with WP Engine …

Pew Research Center: Survey: 68% of US adults support a ban on middle and high school students using phones during class and 24% oppose it; 53% oppose a ban lasting full school days  —  As lawmakers and educators crack down on cellphone use in schools, most Americans back bans on using phones in classrooms but are less supportive of full-day restrictions.

Sabrina Willmer / Bloomberg: Filing: US prosecutors ask a judge to sentence Ilya Lichtenstein, mastermind of the 2016 Bitfinex hack, to five years in prison; sentencing is due in November  —  - Ilya Lichtenstein pled guilty to 2016 Bitfinex exchange hack  — He and rapper-wife Razzlekhan conspired to launder proceeds

Laura Hughes / Financial Times: NHS doctors warn of safety risks from an outdated IT infrastructure, as the UK government plans to digitize the world's largest publicly funded health service  —  Plans to digitise health service must first tackle ‘flip a coin’ nature of equipment across UK, say medical staff

Jon Victor / The Information: UK filings: Google DeepMind's operating profit rose 91% YoY to £136M in 2023, after Google Brain merger; Alphabet's Isomorphic Labs had £60.4M loss, up 3x+ YoY  —  Source:  —  Operating profit at Google's AI research unit, DeepMind, increased 91% last year to 136 million pounds …

Dave Sebastian / Bloomberg: Overseas share sales by Taiwanese companies, led by chipmakers and hardware manufacturers, have totalled $2.9B so far in 2024, on track for the most since 2007  —  - Share sales by Taiwan firms abroad totalled $2.9 billion  — Hon Hai among issuers seeking cash to fund capacity expansion

Prarthana Prakash / Fortune: Amsterdam-based Tebi, a payments app aimed at independent businesses like bars and cafes, raised a €20M Series A led by Index Ventures  —  Tebi was founded in 2021.  —  One of the founders of Dutch fintech star Adyen, Arnout Schuijff, has been quietly building out his next startup since leaving …

Kyle Wiggers / TechCrunch: Dane Stuckey, the former CISO of Palantir, joins OpenAI as its CISO and will serve alongside OpenAI head of security Matt Knight  —  Dane Stuckey, the former CISO of analytics firm Palantir, has joined OpenAI as its newest CISO, serving alongside OpenAI head of security Matt Knight.

Bloomberg: Filing: Elon Musk poured ~$75M into his pro-Trump America PAC, making seven donations between July 3 and September 5; Musk was the PAC's only donor  —  - Disclosure is first look into Musks' donations to Trump group  — Super PAC spent $69 million to bolster Trump's ground game

Kyle Wiggers / TechCrunch: Xscape, which develops data center interconnects using silicon photonics, raised a $44M Series A led by IAG Capital Partners, taking its total funding to $57M  —  The GPUs and other chips used to train AI communicate with each other inside data centers through “interconnects.”

Allie Garfinkle / Fortune: Los Angeles-based Ghost, a B2B marketplace for surplus inventory with more than 6,000 members, raised a $40M Series C led by L Catterton  —  Ghost cofounders Josh Kaplan and Dee Murthy.  —  MATT CLERKIN AT CLERK CREATIVE  —  At Ghost, all product development groups are named after, well, ghosts.

Bloomberg: Filings: Marc Andreessen and Ben Horowitz each donated $2.5M to pro-Trump super PAC Right For America; Andreessen also gave ~$844K to the GOP and Trump campaign  —  - Horowitz later said he would also donate to Democrat Harris  — Apollo's Marc Rowan also contributed to pro-Trump super PAC

P.R. Venkat / Wall Street Journal: Filing: Chinese smart-driving company Horizon Robotics is targeting to raise ~$700M in its Hong Kong IPO; Alibaba and Baidu are among its cornerstone investors  —  Alibaba, Baidu, and state-owned Beijing Financial Holdings are among the cornerstone investors who have agreed to take over 30% of Horizon Robotics' shares ahead of the IPO

Ingrid Lunden / TechCrunch: Monogoto, which offers software-defined connectivity tools for enterprises, raised a $27M Series A led by Toyota Ventures, taking its total funding to $38M  —  Connectivity and connected networks are part and parcel of the way many devices and services operate today, thanks to innovations …

Michael Nuñez / VentureBeat: Anthropic updates its Responsible Scaling Policy, setting benchmarks for when an AI model's abilities reach a point where additional safeguards are necessary  —  Anthropic, the artificial intelligence company behind the popular Claude chatbot, today announced a sweeping update …