Techmeme
January 30, 2025, 5:05 AM

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:
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:
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 …
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 …
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 …
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
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.
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  —  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 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 …

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Zoho:
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Featured Podcasts

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Earlier Picks

Andrew J. Hawkins / The Verge:
Alex Weprin / The Hollywood Reporter:
Gene Maddaus / Variety:
Jay Peters / The Verge:
Stefano Bernabei / Reuters:
New York Times: