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Techmeme
January 30, 2025, 11:20 AM
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Top News

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
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
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
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 …
Sergiu Gatlan / BleepingComputer:
Europol and German law enforcement arrest two suspects and seize 17 servers to take down Cracked and Nulled, two of the largest hacking forums with 10M+ users  —  Europol and German law enforcement confirmed the arrest of two suspects and the seizure of 17 servers in Operation Talent …
Wall Street Journal:
Meta agrees to pay ~$25M to settle Trump's 2021 lawsuit against Meta and Mark Zuckerberg after the company suspended his accounts following the January 6 riot  —  The president had sued the social-media company after his accounts were suspended  —  President Trump has signed settlement papers …
Financial Times:
Sources: SoftBank is in talks to invest $15B to $25B in OpenAI on top of its $15B+ commitment to Stargate; the deal would make SoftBank OpenAI's biggest backer  —  Deal would make Japanese group biggest financial backer in ChatGPT maker  —  SoftBank is in talks to invest as much as $25bn into OpenAI …
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.
Dominic Preston / The Verge:
Vodafone makes “the world's first” satellite video call using a standard smartphone via SpaceMobile satellites; the service is set to launch in Europe in 2025  —  It's partnered with Starlink rival AST SpaceMobile on a direct-to-smartphone satellite service it plans to launch in Europe later this year.
Mistral AI:
Mistral launches Small 3, a latency-optimized 24B-parameter model that it says is competitive with larger models such as Llama 3.3 70B or Qwen 32B  —  Apache 2.0, 81% MMLU, 150 tokens/s  —  Today we're introducing Mistral Small 3, a latency-optimized 24B-parameter model released under the Apache 2.0 license.
Tom Warren / The Verge:
Microsoft unveils Intel-powered Surface Pro 11 and Surface Laptop 7 for businesses, both Copilot+ PCs starting at $1500, or $500 more than Qualcomm variants  —  Along with a new USB 4 dock, the Surface devices are designed for businesses.  —  Along with a new USB 4 dock, the Surface devices are designed for businesses.
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
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

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This is a Techmeme archive page. It shows how the site appeared at 11:20 AM ET, January 30, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Anthony D'Alessandro / Deadline:
Rentrak: US summer 2026 box office revenue hit a record $4.76B, beating 2013's record, with each of the four months topping $1B for the first time

Melanie Goodfellow / Deadline:
France and Korea pledge to invest $1.16B in the global screen industries from 2027 to 2031, as part of the Lumière Summit in France for preservation of cinema

Nadia Khomami / The Guardian:
An archive of more than 100 hours of Oasis recordings, amassed by the band's sound engineer, is to be auctioned for up to £1.6M despite objections from the band

More News

Earlier Picks

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
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 bitcoin and other crypto
Mediagazer memeorandum WeSmirch
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