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January 29, 2025, 4:48 PM
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Microsoft:
Microsoft reports Q2 revenue up 12% YoY to $69.6B, Microsoft 365 Commercial products and cloud services up 15%, LinkedIn up 9%, and net income up 10% to $24.1B  —  Microsoft Cloud and AI Strength Drives Second Quarter Results  —  REDMOND, Wash. — January 29, 2025 — Microsoft Corp. today announced …
Financial Times:
OpenAI says it has seen some evidence that DeepSeek used “distillation” to train its open-source competitor by using outputs from OpenAI's proprietary models  —  White House AI tsar David Sacks raises possibility of alleged intellectual property theft
More: Wired, 404 Media, BBC, New York Times, TechRadar, The Guardian, Reuters, The Verge, The Information, MacRumors, Fox News, Gizmodo, Axios, Associated Press, Windows Central, Business Insider, International Business Times, Forbes, Cautious Optimism, Mashable, Entrepreneur, Music Business Worldwide, Interesting Engineering, Nikkei Asia, Inside Bitcoins, Fortune, Futurism, Digital Music News, Redmond Pie, Wall Street Journal, en.ain.ua, Marcus on AI, Silicon Republic, PR Daily, Sherwood News, ZeroHedge News, Engadget, BGR, WinBuzzer, and Tech Startups
Bluesky: @mims, @tomwarren.co.uk, @mmasnick, @stevefaktor.com, and @pelops
Mastodon: @timnitGebru@dair …, @ancatdubh@mastodon.ie, @brucelawson@social …, and @GossiTheDog@cyberplace.social
X: @markchen90, @edzitron, @firstadopter, @krishnanrohit, @vikhyatk, @wzihanw, @mayazi, @dan_jeffries1, @ananayarora, @gfodor, @quixoteknight, @rasmus_kleis, @cristinacriddle, @gallabytes, @emollick, @zeyuanallenzhu, @kortizart, @max_paperclips, @eleanorolcott, @angelazhanghk, @marietjeschaake, @daveg, @jxmnop, @nearcyan, @triskweline, @denisewu, @jukanlosreve, @nicoleperlroth, @yacinemtb, @aidan_regan, @deliprao, @markchen90, @wassielawyer, @can, @paulskallas, @stevesi, and @palmerluckey
LinkedIn: Xingchu Liu, Ph.D., Pritam Bordoloi, Guan Seng Khoo, PhD, and Georg Zoeller
Forums: Hacker News, r/technology, r/nottheonion, r/China, r/aiwars, r/LeopardsAteMyFace, r/nottheonion, r/ChatGPT, r/news, r/neoliberal, r/artificial, r/OpenAI, Slashdot, and MacRumors Forums
Bloomberg:
Sources: Microsoft and OpenAI are investigating whether a DeepSeek-linked group obtained a large amount of data from OpenAI's API in an unauthorized manner  —  Microsoft's security researchers in the fall observed individuals they believe may be linked to DeepSeek exfiltrating a large amount …
Jackie Davalos / Bloomberg:
David Sacks says there's “substantial evidence” that DeepSeek “distilled knowledge out of OpenAI models and I don't think OpenAI is very happy about this”
Eduardo Baptista / Reuters:
Alibaba releases Qwen 2.5-Max, an AI model that the company's cloud unit claims “outperforms” GPT-4o, DeepSeek-V3, and Llama-3.1-405B “almost across the board”  —  Chinese tech company Alibaba (9988.HK) on Wednesday released a new version of its Qwen 2.5 artificial intelligence model …
Dario Amodei:
DeepSeek makes US export controls to China even more important, and DeepSeek-V3 is not a unique breakthrough but an expected point on a cost reduction curve  —  A few weeks ago I made the case for stronger US export controls on chips to China.  Since then DeepSeek, a Chinese AI company …
New York Times:
Meta executives say DeepSeek's breakthrough shows that upstarts now have a chance to innovate and compete with AI giants, vindicating its open-source strategy
Ryan Browne / CNBC:
ASML reports Q4 net profit of €2.69B on €9.26B net sales, net bookings up 169% QoQ to €7.09B, and expects 2025 net sales of €30B to €35B, up from €28.3B in 2024  —  Dutch semiconductor giant ASML on Wednesday reported a big jump in fourth-quarter net bookings …
Ryan Browne / CNBC:
ASML CEO Christophe Fouquet says cheaper AI “could mean more applications” and “more demand over time”, and “cost and energy” are the big issues to address
Jay Peters / The Verge:
Comcast starts rolling out its “pioneering new, ultra-low lag connectivity experience” to select US cities, using the L4S standard to significantly cut latency  —  The new technology is based on a standard called L4S, which can significantly reduce latency to help things like video games feel smoother.
Stefano Bernabei / Reuters:
DeepSeek disappears from Apple's and Google's app stores in Italy, a day after Italy's data protection regulator said it asked DeepSeek about personal data use  —  The Chinese artifical intelligence application DeepSeek appeared to be unavailable on Wednesday in Apple and Google app stores in Italy on Wednesday.
Wall Street Journal:
US officials and Google researchers: China, Iran, and 18+ other countries use AI tools like Gemini to bolster their cyberattacks against US and global targets  —  A cyber-threat report from Google is shedding light on how foreign actors are leveraging generative AI to boost their hacking prowess.
Zaheer Kachwala / Reuters:
Trump Media unveils fintech brand Truth.Fi with an investment of up to $250M, which can be allocated to various investments, like BTC and other cryptocurrencies  —  Truth Social parent Trump Media and Technology Group (DJT.O) said on Wednesday its board of directors has approved the launch …
Bloomberg:
Sources: the Trump administration is exploring additional curbs on the sale of chips to China to cover Nvidia's scaled-down H20, designed for the Chinese market  —  - Officials had very early talks about restricting the H20 chip  — Nvidia designed the scaled-down H20 product for Chinese market
New York Times:
Sources detail Elon Musk's time in government, bringing his friends and employees, as he races to cut staff; Musk's plane has not left DC since the inauguration  —  The billionaire and his Silicon Valley associates landed in the capital and immediately moved to cut the size of the federal government …
Vittoria Elliott / Wired:
Sources: the US Office of Personnel Management's highest ranks are now controlled by former employees of Elon Musk's companies, like xAI and the Boring Company
Alex Weprin / The Hollywood Reporter:
Netflix now lets iPhone and iPad app users download an entire TV show season with one tap, a much-requested feature that launched on Android in 2021  —  The new feature lets users download an entire season of a show with one tap.
Mark Gurman / Bloomberg:
Sources: Apple has been working with SpaceX and T-Mobile to add Starlink support from iOS 18.3; T-Mobile is testing it with some users, exclusively for texting  —  - T-Mobile begins pushing offering in limited beta test to users  —  Apple Inc. has been secretly working with SpaceX …
Brody Ford / Bloomberg:
IBM reports Q4 revenue up 1% YoY to $17.6B, vs. $17.5B est., bookings for AI consulting and software crossed $5B, up from $3B in Q3; IBM jumps 8%+ after hours  —  - Software business revenue gained 10%, fueled by Red Hat  — IBM gives a forecast for free cash flow that tops estimates
More: Reuters and CNBC
Christopher Dring / Video Games Chronicle:
Ampere: users spent $465M on Microsoft games in December, making it the biggest publisher, ahead of EA's $366M; Call of Duty HQ had 38M MAUs in November 2024  —  NEARLY $0.5BN WAS SPENT ON XBOX GAMES ACROSS STEAM, PLAYSTATION AND XBOX IN DECEMBER  —  $465 million was spent on Microsoft games …

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From Mediagazer

Matthew Belloni / Puck:
Sources: David Ellison told execs he will move Paramount out of California if AG Rob Bonta doesn't negotiate a settlement of the WBD antitrust case by October 1

Wall Street Journal:
Ari Emanuel's Mari agrees to buy British theater group ATG Entertainment from PE firm Providence, sources say in a deal valuing ATG at ~£4.5B including debt

Reuters:
RTL reports H1 revenue up 4% YoY to €2.9B and raises its FY revenue forecast to between €7.1B and €7.2B, accounting for the June acquisition of Sky Deutschland

More News

Ryan Gallagher / Bloomberg:
The UK National Audit Office says the government was operating at least 228 “legacy” computer systems as of March 2024, increasing the risk of a disruptive hack

Earlier Picks

bellingcat:
A look at MrDeepFakes, a site with obscure ownership that hosts non-consensual deepfake porn, has close to 650K members, and gets millions of visits per month
Ryan Knappenberger / Courthouse News Service:
A US federal judge denied a motion by Apple to intervene as a defendant in the remedy trial of the DOJ vs. Google case, saying Apple's motion was untimely
More: 9to5Mac and MediaPost
Bluesky: @quinnypig.com.  X: @balancecrafting, @jason_kint, and @vidushi_law.  Forums: r/apple
promptfoo:
DeepSeek-R1 refuses to answer ~85% of 1,360 prompts on sensitive topics in China, but the restrictions can be bypassed via simple jailbreaking
Cynthia Littleton / Variety:
Sony names CFO Hiroki Totoki as CEO, succeeding Kenichiro Yoshida, and PlayStation co-CEO Hideaki Nishino as CEO of Sony Interactive Entertainment, from April 1
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