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January 30, 2025, 11:10 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
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
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 …
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 …
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 …
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.
Kurt Wagner / Bloomberg:
Court filing: Elon Musk, seeking to dismiss Don Lemon's lawsuit, blames an “invasive and charged interview” for canceling Lemon's $1.5M partnership with X  —  - Former CNN star is suing Musk over failed $1.5 million deal  — X owner says journalist's interview led to ‘sour’ relationship
See also Mediagazer
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

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From Mediagazer

Gene Maddaus / Variety:
A US judge orders a temporary halt to the Paramount-WBD merger, as a 12-state coalition, led by California, argues it would violate federal antitrust law

Michael M. Grynbaum / New York Times:
Unsealed docs: the DOJ sought phone records of NYT reporters and their relatives in an extraordinary attempt to unmask sources of NYT's Air Force One coverage

MJ Franklin / New York Times:
How publishers are cashing in on surging public interest in The Odyssey through splashy reissues; Circana BookScan says sales of The Odyssey rose by 76% YoY

More News

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

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
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