| Financial Times: |
Industry insiders say DeepSeek's focus on research makes it a dangerous competitor as it's willing to share breakthroughs rather than protect them for profits — Hedge fund billionaire Liang Wenfeng builds model on tight budget despite US attempt to halt China's high-tech ambitions| Carl Franzen / VentureBeat: |
Yann LeCun says DeepSeek “profited from open research and open source” like Meta's Llama and is proof that open source models are surpassing proprietary ones — If you hadn't heard, there's a new AI star in town: DeepSeek, the subsidiary of Hong Kong-based quantitative analysis … | Wall Street Journal: |
In email to X staff, Musk says “user growth is stagnant, revenue is unimpressive, and we're barely breaking even”; sources: banks plan to sell their debt in X — Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar — Wall Street banks are getting ready … | Politico: |
Supporters and skeptics of the TikTok ban in Congress say Trump's US ownership proposal bewilders them, claiming it doesn't comply with the divest-or-ban law — Members of Congress are declaring themselves bewildered by Donald Trump's latest proposal to save TikTok by brokering a joint-ownership deal.| Drew Harwell / Washington Post: |
| The Guardian: |
An investigation reveals how the Israeli military's reliance on Microsoft's cloud and AI systems surged during the most intensive phase of the Israel-Hamas war — Leaked documents shed light on how Israel integrated the US tech giant into its war effort to meet growing demand for cloud and AI tools| New York Times: |
Elon Musk's first moves suggest DOGE will be closer to an IT project than the sweeping operation to slash $2T+ from the federal budget that he once predicted — The rebranding of a former White House digital office into the new Department of Government Efficiency signals its potential limits, budget experts said.| Zack Whittaker / TechCrunch: |
UnitedHealth says the ransomware attack on its Change Healthcare unit in February 2024 affected ~190M people, nearly double its previous estimate of 100M — UnitedHealth has confirmed the ransomware attack on its Change Healthcare unit last February affected around 190 million people in America — nearly double previous estimates.| Ivan Mehta / TechCrunch: |
Meta begins a “limited, early test” of ads in Threads in the US and Japan, with the goal of making the ads “as interesting as organic content” — Meta's X rival Threads said Friday that it is now testing ads with select brands in the U.S. and Japan.| Meghan Bobrowsky / Wall Street Journal: |
Zuckerberg says Meta is building an AI engineer that will “start contributing increasing amounts of code to our R&D efforts” and is planning a 2GW+ data center — Social-media giant to spend between $60 billion and $65 billion, Zuckerberg says| Jaspreet Singh / Reuters: |
| Bloomberg: |
Trump's EO to protect the dollar bars any further work on a CBDC and aligns the government's interests with those of stablecoin issuers like Tether and Circle — - US crypto czar sees potential for extending dollar dominance — USDT, USDC account for almost 90% of total stablecoin value| MacKenzie Sigalos / CNBC: |
| Mark Gurman / Bloomberg: |
Sources: Apple moved Kim Vorrath, a company veteran known for fixing troubled products, to its AI group to help improve Siri and Apple Intelligence — - Kim Vorrath previously worked on Vision Pro, iPhone software — The company is racing to catch up in artificial intelligence| Catherine McGrath / Fortune: |
White House crypto czar David Sacks says NFTs and memecoins are neither securities nor commodities, but collectibles that people buy to “commemorate something” — Non-fungible tokens and memecoins are neither securities nor commodities, according to White House crypto czar David Sacks.| Simon Willison / Simon Willison's Weblog: |
| Rolling Stone: |
Sources: Trump's team members don't buy Zuckerberg's right-wing conversion as entirely genuine; one senior official says he has a “lot more ass-kissing” to do — Trump's aides and allies aren't ready to buy the Facebook chief's right-wing conversion. “He can't just snap his fingers and make the past not happen”| Reuters: |
Uber and Ola deny setting fares based on phone models in India after a government body alleged that the firms use differential pricing for Android and iOS users — Uber (UBER.N) said it does not set ride prices based on a user's phone model, shortly after an Indian government body alleged …
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| Lauren Forristal / TechCrunch: |
| Pranav Dixit / Business Insider: |
| Katie Deighton / Wall Street Journal: |
| Sergiu Gatlan / BleepingComputer: |
| MacKenzie Sigalos / CNBC: |
| Financial Times: |
| Jay Peters / The Verge: |