Techmeme
February 5, 2025, 10:50 PM

Top News

Annie Palmer / CNBC:
The USPS resumes accepting China and Hong Kong mail hours after suspension due to Trump's EO, disrupting e-commerce, and is implementing “the new China tariffs”  —  WATCH NOW  —  The U.S. Postal Service said Wednesday it will resume accepting inbound mail and packages from China and Hong Kong …
Mathieu Pollet / Politico:
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
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  —  Amazon (AMZN.O) is set to release its long-awaited - and delayed - Alexa generative artificial intelligence voice service …
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%+ after hours  —  Chip tech provider Arm Holdings (O9Ty.F), said on Wednesday it will no longer meet the top end of its previous full-year guidance …
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) …
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”  —  The company said it was due to a “prevalence of violent content.”  —  Reddit has temporarily banned …
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 closes up 6.33%  —  - Figure represents roughly 8.5% of company's workforce  — Salesforce, Amazon, Microsoft recently cut personnel
Jason Shubnell / The Block:
404 Media:
Sources: DOGE staff were ordered to stop using Slack while the org moves from the OMB to the Executive Office of the President, which is not subject to FOIA  —  Employees at Elon Musk's agency have been told: “OMB is asking us to stop generating new slack messages starting now.”
Pei Li / Bloomberg:
Sources: China's State Administration for Market Regulation is examining Apple's policies, including its up to 30% App Store fees, ahead of a potential probe  —  - Company under fire for app commissions, barring outside stores  — Beijing is investigating Google as response to new US tariffs
MacKenzie Sigalos / CNBC:
WH crypto czar David Sacks says stablecoin legislation could be done in the next six months, after lawmakers introduced a bill to create a regulatory framework  —  As David Sacks, the newly appointed White House AI and crypto czar, collaborates with lawmakers on potential regulations for digital assets …
Rafe Uddin / Financial Times:
Uber reports Q4 revenue up 20% YoY to $12B, Gross Bookings up 18% to a record $44.2B, operating profit up 18% to $770M, and trips up 18% to 3.1B; UBER drops 5%+  —  Ride-hailing group's weaker forecast comes after record fourth quarter  —  Uber's shares fell almost 6 per cent on Wednesday …
Jess Weatherbed / The Verge:
Google adds Gemini 2.0 Flash, 2.0 Flash-Lite, and 2.0 Pro Experimental to Gemini's API, and 2.0 Pro Experimental and 2.0 Flash Thinking Experimental to its apps  —  Gemini 2.0 AI updates include cheaper access for developers, and AI that can use other Google apps like YouTube.

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Earlier Picks

Kevin Collier / NBC News:
Henry Chandonnet / Fast Company: