| Chance Miller / 9to5Mac: |
Popular photo editing company Pixelmator says it has signed an agreement to be acquired by Apple, pending regulatory approval — Apple is acquiring the popular photo editing company Pixelmator. The Pixelmator Team announced the news in a blog post on Friday and said there will be “no material changes” to its apps “at this time.”| Benjamin Mayo / 9to5Mac: |
Satellite services provider Globalstar says Apple committed $1.1B to expand satellite service capacity and $400M to buy a 20% equity stake; GSAT closes up 31% — Satellite services provider GlobalStar today disclosed an expansion of its deal with Apple. Apple will commit an additional $1.1 billion … | Reuters: |
Researchers linked to China's military used Llama 2 to develop an AI model for potential military use; Meta says use of “outdated” Llama 2 would be “irrelevant” — Top Chinese research institutions linked to the People's Liberation Army have used Meta's publicly available Llama model … | Manish Singh / TechCrunch: |
Indonesia bans Pixel smartphone sales, saying Google must comply with rules requiring 40% local content in smartphones, days after banning the iPhone 16 lineup — Indonesia has banned sales of Google Pixel smartphones for failing to meet domestic content requirements, days … | Anton Shilov / Tom's Hardware: |
Intel outlines plan to break free from TSMC manufacturing, including making a majority of Nova Lake CPUs, due in 2026, internally — Good days are coming for Intel. — Intel's next-generation Panther Lake (via SeekingAlpha) processors will contain 70% in-house silicon, positively affecting the company's margins.| Reuters: |
Disney forms the Office of Technology Enablement to coordinate its use of emerging technologies such as AI and mixed reality, to be led by CTO Jamie Voris — Walt Disney (DIS.N) is forming a new unit to coordinate the company's use of emerging technologies such as artificial intelligence and mixed reality … | Jay Peters / The Verge: |
Meta rolls out its Quest v71 update, including a redesign of Meta Horizon OS, a calendar app, and the ability to use Travel Mode on a train — Meta is introducing some big changes with its Quest v71 update, including a redesign of Meta Horizon OS, a calendar app, and the ability to use Travel Mode on a train.| Bloomberg: |
The capital expenditures of Amazon, Alphabet, Meta, and Microsoft are set to total over $200B in 2024, as companies accelerate spending to chase AI developments — - Amazon, Alphabet, Meta and Microsoft all accelerated spending — Mixed results from the big tech won't slow 2025 investment| The Information: |
CoreWeave told investors its signed contracts are worth $17B, including $10B by Microsoft from 2023 to 2030, and it expects revenue to grow 4x to $8B in 2025 — CoreWeave, a fast-growing cloud startup that operates data centers for artificial intelligence developers, pitches itself to investors … | Apple Inc.: |
Apple reports Q4 revenue up 6% YoY to $94.9B, and net income down 36% YoY to $14.74B, after paying a $10.2B charge as part of an income tax decision in the EU — iPhone drives record September quarter revenue Services revenue reaches new all-time high — Apple® today announced financial results … | Callan Quinn / CoinDesk: |
Crypto firm Immutable says the SEC issued it a Wells notice related to the sale of its IMX tokens in 2021, and accuses the agency of “regulation by enforcement” — The firm's IMX token is down over 13% at $1.16 following the announcement. — Immutable said that it received … | Sarah McBride / Bloomberg: |
A profile of YC Head of Public Policy Luther Lowe, who led a California pressure campaign against AI safety bill SB 1047 and aims to fight for “little tech” — After helping lead startups' crusade against California AI regulation, the tech policy veteran has new fights to pick.| Anthropic: |
Anthropic says governments should urgently take action on AI policy in the next 18 months and suggests principles for AI regulation that support innovation — Increasingly powerful AI systems have the potential to accelerate scientific progress, unlock new medical treatments, and grow the economy.
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