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February 6, 2025, 11:20 AM
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Top News

Maxwell Zeff / TechCrunch:
Stanford and University of Washington AI researchers claim they trained AI reasoning model s1, distilled from a Gemini 2.0 model, for under $50 in cloud compute  —  AI researchers at Stanford and the University of Washington were able to train an AI “reasoning” model for under $50 in cloud compute credits …
Miles Kruppa / Wall Street Journal:
Email: Google eliminates its goal of hiring more employees from historically underrepresented groups and is reviewing some DEI programs after Donald Trump's EOs  —  Search giant is eliminating goals to hire more minority employees and reviewing DEI programs, part of a pullback across Silicon Valley
Emma Roth / The Verge:
OpenAI opens ChatGPT search to users who are not logged in, after launching it to paying subscribers in October 2024 and logged-in users in December 2024  —  OpenAI is making its AI search engine more accessible.  —  OpenAI is making its AI search engine more accessible.
Casey Hall / Reuters:
Trump's de minimis cancellation is likely to hit Shein harder than online dollar-store Temu, which has shifted to an Amazon-like bulk overseas shipment strategy  —  The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer Shein harder …
Stephen Nellis / Reuters:
Qualcomm CEO Cristiano Amon says Arm has withdrawn its October 2024 breach notice against Qualcomm and Arm no longer plans to end its Qualcomm license agreement  —  Qualcomm's (QCOM.O) Chief Executive Officer Cristiano Amon on Wednesday said Arm Holdings (O9Ty.F) has withdrawn a threat …
Max A. Cherney / Reuters:
Arm reports Q3 revenue up 19% YoY to $983M, vs. $946.7M est., royalty revenue up 23% YoY to $580M, and lowers is FY revenue guidance; ARM drops 5%+
Henry Stockdale / UploadVR:
Interviews with nearly two dozen VR studios on shipping games on Quest, Meta's increased focus on Horizon Worlds, concerns over declining game sales, and more  —  With concerns about declining sales and discoverability, UploadVR spoke with nearly two dozen VR studios to discuss the state of VR development for Quest.
Wall Street Journal:
Sources: OpenAI is expected to air its first TV ad during Super Bowl LIX; MediaRadar says AI companies spent $332M on ads in 2024, over double their 2023 spend  —  The TV spot marks the artificial-intelligence company's biggest foray into consumer advertising to date
Bill Toulas / BleepingComputer:
Kaspersky researchers found apps in Google's Play Store and Apple's App Store that use OCR to steal crypto wallet recovery phrases from images on users' devices  —  Android and iOS apps on the Google Play Store and Apple App Store contain a malicious software development kit (SDK) …
Politico:
The Senate Commerce Committee approves the Kids Off Social Media Act to ban under-13s from social media, clearing the way for consideration by the full Senate  —  The Senate Commerce Committee approved legislation Wednesday to ban children under 13 from social media.
Ingrid Lunden / TechCrunch:
Munich-based Avelios, which is developing a healthcare system covering EHR, billing, clinical records, and more, raised a €30M Series A led by Sequoia  —  The race is on to build a new generation of healthcare software to replace legacy hospital systems that in some cases may not have been updated in decades.
Kate Clark / Bloomberg:
US SEC filing: Sequoia's evergreen fund has grown from $13.6B in early 2023 to $19.6B, , a signal that the firm continues to grow despite a VC funding slowdown  —  The fund's total includes new cash commitments, shares of now-public companies that Sequoia previously backed and cash returns from mergers and acquisitions.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:20 AM ET, February 6, 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

Jennifer Maas / Variety:
Filing: Netflix co-CEO Ted Sarandos received $53.9M in 2025 compensation, down from $62M in 2024; co-CEO Greg Peters received $53.2M, down from $60M in 2024

Reshmi Basu / Bloomberg:
QVC Group, owner of TV shopping channels QVC and HSN, files for bankruptcy as part of a plan to cut more than $5B in debt; shares closed down 69% on Thursday

Katie Robertson / New York Times:
Notus will rename itself The Star and relaunch in early June as it adds local news and sports coverage; source: Robert Allbritton will add ~$30M to its funding

More News

MacKenzie Sigalos / CNBC:
White House crypto czar David Sacks says stablecoin laws could be done in the next six months, after lawmakers unveiled a bill to create a regulatory framework
Karissa Bell / Engadget:
Reddit banned r/WhitePeopleTwitter for 72 hours due to “a prevalence of violent content”, after Elon Musk said on February 3 that its users had “broken the law”

Earlier Picks

404 Media:
Sources: DOGE staff were ordered to stop using Slack while the group moves from the OMB to the Executive Office of the President, which is not subject to FOIA
Mark Gurman / Bloomberg:
Sonos lays off ~200 employees, or 12% of its staff, as it reorganizes to make its product teams “flatter, smaller, and more focused”, weeks after losing its CEO
Kif Leswing / CNBC:
Qualcomm reports Q1 revenue up 17% YoY to $11.67B, vs. $10.93B est., handsets revenue up 13% to $7.57B, net income up 15% to $3.18B, issues a strong Q2 guidance
Greg Bensinger / Reuters:
Amazon announces an Alexa-focused event on February 26 in New York; sources say the company will preview its long-delayed Alexa generative AI revamp
Wall Street Journal:
Sources: banks sold $5.5B in debt that X borrowed, at $0.97 on the dollar, after strong investor demand; they had planned to sell ~$3B at ~$0.95 on the dollar
Jason Shubnell / The Block:
MicroStrategy rebrands as Strategy; its new logo has a stylized “B” for its BTC strategy and orange is its primary color for “energy, intelligence, and Bitcoin”
Brody Ford / Bloomberg:
Workday is cutting about 1,750 workers, or 8.5% of its workforce, as it plans to hire in areas such as AI and take on more people overseas; WDAY closed up 6.33%
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