Consumer Tech News (Dec 2-Dec 6): FBI Advises To Adopt Encrypted Messaging Apps, Elon Musk Completed First Starlink Satellite Constellation & More

Lekha Gupta

December 08, 2024

The Federal Bureau of Investigation is advising Americans to adopt encrypted messaging apps to safeguard their communications.

Gamers are spending more time watching gaming content than actually playing games. The study, conducted by Midia Research (via GamesIndustry.biz), reveals that gamers average 8.5 hours weekly watching game-related videos on platforms like YouTube and Twitch, compared to 7.4 hours actively gaming.

Gaming

Microsoft Corporation (NASDAQ:MSFT) announces Xbox Game Pass additions for December 2024, featuring Indiana Jones and the Great Circle launching on Dec. 9.

Microsoftâ€˜s Activision is offering a limited-time opportunity for those who haven't yet jumped into Call of Duty: Black Ops 6 by announcing a seven-day free trial, starting next Friday, Dec. 13.

In a recent interview with Japanese outlet Game Watch, Hidetaka Miyazaki, the studio's acclaimed creator, confirmed that Elden Ring 2 is not part of the company's plans.

Sony Group Corporation (NYSE:SONY) introduced controller-free hand tracking for PS VR2 at Siggraph Asia 2024, demoing it with a cleaning mini-game.

Retail/Media

Walt Disney Co.’s Disney+ announced its expansion in sports content via the integration of ESPN into its platform.

Amazon.com, Inc. (NASDAQ:AMZN) unveiled advanced AI chip clusters designed to enhance the performance of its partner, Anthropic.

Amazon.com co-founder Jeff Bezos shared his positive outlook on Donald Trump's upcoming second term, underscoring potential regulatory reductions.

Smartphone

Apple Inc. (NASDAQ:AAPL) is facing a legal challenge from one of its own, as an ad tech manager has accused the company of violating employee privacy rights through its policies.

Apple reported it plans to launch a foldable iPhone in 2026. It could breathe new life into the foldable smartphone market, which has been experiencing waning consumer interest.

Apple is reportedly facing a delay in its ambitious smart home vision, with a key product now expected to launch in 2025.

Technology

Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg is seeking to play an "active role" in shaping technology policies under the administration of President-elect Donald Trump.

China's BYD Co., Ltd. (OTC:BYDDF) has quietly become a major force in Apple manufacturing ecosystem, now assembling more than 30% of iPads while planning an ambitious artificial intelligence venture with Nvidia Corp. (NASDAQ:NVDA).

Read: How Nvidia CEO Jensen Huang’s Clever Pick-Up Line Turned A Homework Proposal Into Marriage While Building $3.38 Trillion AI Chip Giant Along The Way

Alphabet Inc.‘s (NASDAQ:GOOG) Google introduced its Veo video generator to select Cloud customers. The AI model, capable of creating short video clips from images and prompts, is now available in private preview on Vertex AI, Google's AI development platform.

Elon Musk’s SpaceX has completed its first Starlink satellite constellation aimed at direct-to-cell phone connectivity, making the service fully operational.

Artificial Intelligence (AI)

ChatGPT-parent OpenAI is setting a target to reach 1 billion users by 2025, driven by new AI products, a key partnership with Apple, and significant infrastructure investments.

OpenAI CEO Sam Altman announced a special event titled "12 Days of OpenAI."

Read: Trump’s AI Czar Plans, Alibaba’s New Model, Cathie Wood On Tesla AI, And Musk’s Combat Transformation: This Week In Artificial Intelligence

OpenAI CEO Sam Altman has downplayed concerns about former friend and now rival Elon Musk’s political ties with President-elect Donald Trump but acknowledged that xAI is a formidable competitor.

Read: Are ChatGPT Like LLMS ‘Digital Gods’ Or Just ‘Imitating Monkeys’ — Investor In Elon Musk’s Grok Shares His Thoughts

Misinformation expert Jeff Hancock confessed to utilizing OpenAI’s ChatGPT for organizing citations in a legal document, with hallucinations calling into question the integrity of the filing itself.

Recommended

Legendary Investor: Buy These "Trump Stocks" Now - Ad

My TOP Altcoin for Right Now Is... - Ad

The No. 1 Stock for Trump's Second Term? - Ad

Popular

Justin Trudeau launches Canada-US council as Trump's tariff threats loom

OTTAWA, Ontario (AP) — Outgoing Canadian Prime Minister Justin Trudeau announced Thursday the formation of a Canada-U.S. relations council to support the federal government as it deals with incoming U.S. President Donald Trump’s threat to impose .

Bloomberg reports that Meta will lay off 5% of staff

News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff based on performance and hiring new workers to replace them.

98 Opportunities for 1,000% Gains (And More)

98 Opportunities for 1,000% Gains (And More) - Ad

During the most recent gold bull market, our team tracked down 98 separate opportunities for investors to make 10x their money or more. In fact, there are seven specific gold plays that we believe should be on every investor's radar right now.

American Express agrees to pay more than $138M to resolve investigation into sales and marketing

NEW YORK (AP) — American Express has agreed to pay more than $138 million to resolve a wire fraud investigation related to its sales and marketing practices, federal authorities announced Thursday.

Nvidia Continues Strong Demand for Taiwan Semiconductor's Advanced Packaging Despite Technology Shifts

Nvidia's demand for advanced packaging from Taiwan Semiconductor remains strong despite evolving technology; plans to use CoWoS-L for Blackwell chip.

Trump's next move could be the catalyst that triggers Bitcoin's next BIG breakout

Trump's next move could be the catalyst that triggers Bitcoin's next BIG breakout - Ad

But here's why I'm not buying Bitcoin directly: It's VERY expensive. Instead, I've found a better way to profit -- without touching any coins, ETFs, or digital wallets. This little-known $25 investment is accessible through your regular brokerage account. It's already up over 10% since Trump's victory, and it's just getting started.

Goldman Sachs Stock May Be Pricey But Its One Of The Cheapest Ways For Investing In Capital Markets: Analyst

Keefe, Bruyette & Woods analyst David Konrad maintained an Outperform rating on Goldman Sachs and raised its price target to $690. The bank posted strong quarterly results, driven by a 33% year-over-year surge in trading revenue and growth in asset management.

Vietnam and Russia sign an agreement to expand cooperation on nuclear energy

HANOI, Vietnam (AP) — Vietnam and Russia inked Tuesday an agreement to boost cooperation on nuclear energy during Russian Prime Minister Mikhail Mishustin’s two-day visit to Hanoi.

The Most Disruptive Technology in Human History

The Most Disruptive Technology in Human History - Ad

A brand new technology is lining up to be more disruptive than the internet or even today's most advanced artificial intelligence. Those who prepare now could see massive stock gains. Those who don't could find themselves on the wrong side of history.

Italy, Albania and UAE ink clean energy cooperation deal

ROME (AP) — Italy, Albania and the United Arab Emirates signed a three-way clean energy cooperation deal Wednesday that calls for the Gulf country’s expertise to be put to use in Albania to produce solar, wind and other renewable energy, some of which would then be transferred to Italy via an underwater cable.

Stock market today: Asian stocks mixed ahead of US inflation data

HONG KONG (AP) — Asian stocks were mixed Wednesday followed Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of market-boosting rate cuts by the Federal Reserve.

The iGaming Underdog Set to Shine

The iGaming Underdog Set to Shine - Ad

This company's premium casino strategy is crushing the competition. Tight share structure, explosive growth, and major market catalysts make this stock a hidden gem in iGaming.

US producer prices rose 0.2% last month on higher energy costs

WASHINGTON (AP) — U.S. wholesale rose last month on higher energy prices.

Cardano Price Up 6%: What's Going On With ADA?

Cardano's (CRYPTO: ADA) price rally has caught social media traders’ attention as whale activity surges and instit

Shutting Down at 11:59 PM EST

Shutting Down at 11:59 PM EST - Ad

We're in the midst of an explosive bull market, with gold prices now higher than at any other point in history. Just days from now -- on Jan. 28 -- we expect a major financial event to push gold toward $3,000 ... and then much higher from there. It's why timing is so critical.

Jamie Dimon Calls Elon Musk 'An Extraordinary Talent' -- JP Morgan CEO Shares Why Trump's Election Victory Didn't Surprise Him

Jamie Dimon offered a praise for Tesla CEO Elon Musk while sharing insights on American political dynamics in an interview.

Why DouYu Shares Are Exploding Higher Thursday

DouYu shares are trading higher by 28.5% during Thursday's session. The company appointed Simin Ren Co-CEO and announced a $300M special dividend.

The $15.7 Trillion AI Revolution Is Here

The $15.7 Trillion AI Revolution Is Here - Ad

Tech giants like Amazon, Google, and OpenAI are paying BILLIONS to access this critical AI tech.

Boeing's aircraft deliveries and orders in 2024 reflect the company's rough year

Boeing delivered less than half the number of commercial aircraft to customers than in 2024 as the American aerospace giant's output suffered under intensified government scrutiny and a , according to data released Tuesday.

US Semiconductor Sanctions Spell Trouble for Nvidia, But May Benefit Big Tech

Nvidia's customers include Microsoft, Amazon, Google, and Meta Platforms. Their orders worth $10 billion were postponed due to overheating issues.

The $124B Smart Glass Disruptor

The $124B Smart Glass Disruptor - Ad

This Nasdaq-listed company is redefining the $124 billion smart glass market. From aircraft cabin shading systems to dimmable rooftops in vehicles to energy-efficient building glass, their technology supports global leaders like Boeing, Ferrari, and National Geographic. Their $38.3 million order backlog and several new multi-million dollar deals across four major sectors positions them as a market disruptor you can't ignore.

France's new prime minister faces first big test during period of political instability, budget woes

PARIS (AP) — France’s new prime minister, François Bayrou, is facing his first major test at parliament on Tuesday as his government has no majority amid .

What's In Store For Comcast In Q4?

Goldman Sachs analyst forecasts in-line Q4 results for Comcast, with minimal growth in 2025, but anticipates improved investor sentiment in 2025 and beyond.

Limited Time Offer -- Weiss' Gold Playbook

Limited Time Offer -- Weiss' Gold Playbook - Ad

Do not miss the details about how to claim your piece of high-grade gold bullion -- minted exclusively for Weiss Members. The fact is that gold prices are now higher than ever before. It's critical you get all the critical facts BEFORE the Gold Bull Market Summit recording goes offline.

Austrian far right and conservatives reach budget accord in a step toward new government

VIENNA (AP) — Austrian far-right leader Herbert Kickl and his prospective coalition partners said Monday that they have reached an agreement to bring down the budget deficit, an important first step toward what would be the country's first post-World War II government led by the far right.

Elon Musk Emerges As Potential TikTok US Buyer As Ban Deadline Looms, Company Terms It 'Pure Fiction'

Chinese officials are considering Tesla Inc. CEO Elon Musk as a potential buyer for TikTok's U.S. operations.

Man Who Predicted Trump's Win: "Do This Before January 20th"

Man Who Predicted Trump's Win: "Do This Before January 20th" - Ad

According to legendary investor Louis Navellier, who correctly predicted Trump's win... This Trump inauguration move could be the difference between accelerating your retirement in the first 100 days of his administration...OR losing a big chunk of your retirement.

Question on ASEAN stumped Hegseth at Senate hearing. What is it and why is it important?

BANGKOK (AP) — Sen. Tammy Duckworth, grilling President-elect choice for defense secretary over whether he had the “breadth and depth of knowledge” needed to lead international negotiations, asked if could name one member of the , describe what type of agreement the U.S. had with the countries and how many nations were in the bloc.

Jack Daniels' parent Brown-Forman is cutting its workforce and closing its barrel-making plant

LOUISVILLE, Ky. (AP) — Spirits giant Brown-Forman Corp. said Tuesday it's reducing its global workforce by about 12% and closing its hometown barrel-making plant in Louisville. The cost-cutting moves come as American whiskey producers face stiff challenges from changing consumer trends and renewed tariff threats.

Shocker: Trump's 1st Day Could Change Everything

Shocker: Trump's 1st Day Could Change Everything - Ad

Legendary investor Louis Navellier, who correctly predicted Trump's win... Believes this "day-one" Trump move is about to create a rare opportunity for everyday Americans like you to turn a small stake into real wealth in the stock market. But hurry...

ChargePoint Outpaces Tesla In EV Network Market Share, But JPMorgan Stays Cautious

ChargePoint dominates U.S. EV charging market with 32% share and 70,000+ ports, but faces challenges with sluggish subsidies and high capex. JPMorgan remains cautious.

Ripple Labs Donates $100K In XRP For California Wildfires Relief, Says Contributions Will Be Doubled

The blockchain-based company Ripple Labs announced a donation of $100,000 worth of XRP (CRYPTO: XRP) tokens on Tuesday to support the wildfire relief efforts in California.

Elon's "Final Move" Could Send This Stock Soaring

Elon's "Final Move" Could Send This Stock Soaring - Ad

Whenever Elon Musk starts a new venture...Early investors get the opportunity to become millionaires...Early investors in Paypal made as much as 59,500%...SpaceX rose 5,500x in value...And most recently, Tesla jumped over 38,000%!

Mark Zuckerberg Backs Nvidia CEO Jensen Huang's View On Quantum Computing: 'It's Still Quite A Ways Off'

Mark Zuckerberg aligned with Jensen Huang's cautious outlook on quantum computing, suggesting the technology remains years away.

Two private lunar landers head toward the moon in a roundabout journey

CAPE CANAVERAL, Fla. (AP) — In a two-for-one moonshot, SpaceX launched a pair of lunar landers Wednesday for U.S. and looking to jumpstart business on .

The High Roller of iGaming Stocks

The High Roller of iGaming Stocks - Ad

Targeting high-margin players with 60% revenue growth and cutting-edge technology, this stock is a standout in iGaming. Opportunities like this are rare--Get the symbol here the crowd catches on.

Biden administration cancels loans for 260,000 former Ashford University students

WASHINGTON (AP) — More than 260,000 former students of the now-defunct for-profit Ashford University are getting their erased as the Biden administration presses ahead with in its final days.

Warren Buffett Sounds Alarm on 'Casino-Like' Market, Shares This Key Lesson for Young Investors

In early 2024, Warren Buffett voiced his concerns about the current state of the stock market.

Bitcoin Hits $106K: Trump's Next Move Could Trigger $200K

Bitcoin Hits $106K: Trump's Next Move Could Trigger $200K - Ad

This rally is no accident -- it's part of Trump's bold vision to make America the "Bitcoin Superpower." Central to Trump's plan is the creation of a National Bitcoin Reserve -- a move that could make the U.S. one of the largest Bitcoin buyers in history, creating massive upward pressure on Bitcoin's price.

Elon Musk Sued By SEC For Allegedly Hiding Twitter Stake That Allowed Him To Buy Stock At Artificially Low Prices

The SEC has sued Elon Musk for allegedly failing to disclose his Twitter stake in a timely manner, allowing him to buy shares at artificially low prices and underpay investors by over $150 million.

Trending Now