US House Speaker Mike Johnson says the GOP "probably will" try to repeal the CHIPS Act, but then walks it back, saying the GOP may "further streamline" the bill (Stephen Groves/Associated Press)

Stephen Groves / Associated Press:
US House Speaker Mike Johnson says the GOP “probably will” try to repeal the CHIPS Act, but then walks it back, saying the GOP may “further streamline” the bill  —  House Speaker Mike Johnson said Friday that Republicans “probably will” try to repeal legislation …

A Chainalysis study based on digital wallet use data from January 1, 2024 to October 8, 2024 suggests Tether's USDT has gained traction in EMEA time zones (Bloomberg)

Bloomberg:
A Chainalysis study based on digital wallet use data from January 1, 2024 to October 8, 2024 suggests Tether's USDT has gained traction in EMEA time zones  —  - Some data signal USDT activity moved toward EMEA time zones  — US officials are reportedly stepping up probes into the token

Satellite services provider Globalstar says Apple took a 20% ownership stake worth ~$400M, and has committed another $1.1B to expand satellite service capacity (Benjamin Mayo/9to5Mac)

Benjamin Mayo / 9to5Mac:
Satellite services provider Globalstar says Apple took a 20% ownership stake worth ~$400M, and has committed another $1.1B to expand satellite service capacity  —  Satellite services provider GlobalStar today disclosed an expansion of its deal with Apple.  Apple will commit an additional $1.1 billion …

The capital expenditures of Amazon, Alphabet, Meta, and Microsoft are set to total over $200B in 2024 as companies accelerate spending chasing AI (Bloomberg)

Bloomberg:
The capital expenditures of Amazon, Alphabet, Meta, and Microsoft are set to total over $200B in 2024 as companies accelerate spending chasing AI  —  - Amazon, Alphabet, Meta and Microsoft all accelerated spending  — Mixed results from the big tech won't slow 2025 investment

Canalys: global smartphone shipments grew 5% YoY in Q3 to reach 309.9M units, the strongest Q3 performance since 2021; Samsung led with 57.5M units, Apple 54.5M (Canalys)

Canalys:
Canalys: global smartphone shipments grew 5% YoY in Q3 to reach 309.9M units, the strongest Q3 performance since 2021; Samsung led with 57.5M units, Apple 54.5M  —  According to Canalys research, global smartphone shipments grew 5% year on year in Q3 2024, reaching 309.9 million units, the strongest Q3 performance since 2021.

Crypto firm Immutable says it received a Wells notice from the SEC related to the sale of its IMX tokens in 2021, accuses the SEC of "regulation by enforcement" (Callan Quinn/CoinDesk)

Callan Quinn / CoinDesk:
Crypto firm Immutable says it received a Wells notice from the SEC related to the sale of its IMX tokens in 2021, accuses the SEC of “regulation by enforcement”  —  The firm's IMX token is down over 13% at $1.16 following the announcement.  — Immutable said that it received …