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January 30, 2025, 2:35 AM
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Microsoft:
Microsoft reports Q2 revenue up 12% YoY to $69.6B, Microsoft 365 Commercial products and cloud services revenue up 15% YoY, and net income up 10% YoY to $24.1B  —  Microsoft Cloud and AI Strength Drives Second Quarter Results  —  REDMOND, Wash. — January 29, 2025 — Microsoft Corp. today announced …
Todd Bishop / GeekWire:
Satya Nadella says Microsoft's AI business has surpassed an annual revenue run rate of $13B, up 175% YoY, as the company faces new scrutiny over AI spending
Reuters:
Microsoft says Q2 capital expenditures hit $22.6B, vs. $20.95B estimated, and forecasts Q3 Azure growth between 31% and 32%, vs. 33% expected
Meta:
Meta reports Q4 revenue up 21% YoY to $48.4B, net income up 49% YoY to $20.8B, and family daily active people up 5% YoY to 3.35B on average for December 2024  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2024.
Charles Rollet / TechCrunch:
Mark Zuckerberg says spending heavily on AI infrastructure is a “strategic advantage” and vows Meta will invest “hundreds of billions” in AI over the long term  —  U.S. markets panicked on Monday over speculation that DeepSeek's AI models would crush demand for GPUs, with Nvidia's stock dropping almost 20%.
Jonathan Vanian / CNBC:
Meta's Reality Labs posts Q4 revenue up 1% YoY to $1.1B, vs. $1.1B est., and a $4.97B operating loss, vs. $5.4B est.; Reality Labs has lost $60B+ since 2020  —  Meta continues to lose billions of dollars developing the virtual reality and augmented reality technologies needed to underpin the nascent metaverse.
Wall Street Journal:
Meta agrees to pay ~$25M to settle a 2021 lawsuit that Trump brought against Meta and Mark Zuckerberg after it suspended his accounts following the Jan. 6 riot  —  The president had sued the social-media company after his accounts were suspended  —  President Trump has signed settlement papers …
Wired:
Wiz: DeepSeek left one of its critical databases exposed, leaking more than 1M records including system logs, user prompt submissions, and users' API keys  —  China-based DeepSeek has exploded in popularity, drawing greater scrutiny.  Case in point: Security researchers found more than 1 million records …
Tom Warren / The Verge:
Microsoft adds DeepSeek's R1 to Azure AI Foundry and GitHub, and plans to make a distilled, smaller version of R1 available to run locally on Copilot+ PCs soon  —  Microsoft has moved surprisingly quickly to bring R1 to its Azure customers.  —  Microsoft has moved surprisingly quickly to bring R1 to its Azure customers.
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
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 …
Financial Times:
Sources: SoftBank is in talks to invest $15B-$25B in OpenAI on top of its $15B+ commitment to Stargate; the deal would make it OpenAI's biggest financial backer  —  Deal would make Japanese group biggest financial backer in ChatGPT maker  —  SoftBank is in talks to invest as much as $25bn into OpenAI …
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.
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.

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From Mediagazer

Axios:
FCC Chairman Brendan Carr tells a Senate committee the FCC “is not an independent agency”; the agency removed “independent agency” from its site as he testified

Laura Cress / BBC:
Netflix wins rights to a FIFA soccer simulation game, developed by Delphi Interactive and set for release ahead of the 2026 World Cup, for free to Netflix users

Sarah Perez / TechCrunch:
YouTube says it will no longer give data to US Billboard charts after January 16, saying Billboard's ranking formula doesn't count ad-supported streams fairly

More News

NewsGuard's Reality Check:
NewsGuard: with news-related prompts, DeepSeek's chatbot repeated false claims 30% of the time and provided non-answers 53% of the time, giving an 83% fail rate
Andrew J. Hawkins / The Verge:
Waymo plans to test AVs in 10 new US cities in 2025, starting with Las Vegas and San Diego, as it plans robotaxi operations in Austin, Atlanta, and Miami soon
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

Earlier Picks

Gene Maddaus / Variety:
The US Copyright Office says using AI tools to assist in creative processes doesn't compromise copyright protections as long as the content has human authorship
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
More: Wccftech, Push Square, and Metro.co.uk
Bluesky: @shinobi602 and @knoebel
Forums: r/gaming, r/Games, r/xbox, and r/PS5
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
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
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
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
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