Bloomberg: Trump Media & Technology Group’s stock jumps 10%+, hitting a $7B+ market cap, as Donald Trump beats Kamala Harris, despite losing $19M+ in Q3; TSLA rises 10%+  —  – Shares rise as much as 35% at open before trimming gain  — Stock’s rally adds about $500 million to Trump’s net worth Lees verder op Tech Meme

Giuseppe Fonte / Reuters: Sources: the US has recently renewed calls for Italy to repeal its domestic web tax, which applies to Meta, Google, and Amazon and raises under €500M per year  —  The United States has recently renewed calls for Italy to repeal its domestic web tax, people familiar with the matter told Reuters … Lees verder op Tech Meme

Samuel Stolton / Bloomberg: The European Commission opens an antitrust investigation into smartphone glass maker Corning for allegedly abusing its market dominance to squeeze out rivals  —  – EU fears deals with smartphone firms are anti-competitive  — Corning pressed to remedy EU concerns with concessions Lees verder op Tech Meme

Michelle Conlin / Reuters: Polymarket and Kalshi expect to pay out ~$450M total to US election bettors; Kalshi says 28K bet on Harris, 40K on Trump; one Polymarket user bet $40M on Trump  —  Thousands who gambled on the U.S. election are looking forward to a potential payout of about $450 million from online gambling sites … Lees verder op Tech Meme