| 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| 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 … | 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 — Qualcomm reported better-than-expected fiscal first-quarter results on Wednesday and issued strong guidance for the current period.| 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 … | 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.| 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 … | 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 — X CEO tells investors that the financial health of social-media company is improving — Elon Musk's power in Washington … | 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 — Sonos Inc. said it's cutting about 12% of its staff, or 200 workers, in a bid to make its product teams “flatter, smaller and more focused.”| Bloomberg: |
Sources: SoftBank is in advanced talks to acquire Ampere Computing in a deal that could value the Oracle-backed Arm chip designer at ~$6.5B, including debt — - Deal could value Oracle-backed Ampere at about $6.5 billion — Chip companies looking to capitalize on AI spending boom| 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.”| 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: |
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” — - The brand's primary color is now orange, which it says represents energy, intelligence and Bitcoin.| 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 … | 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| 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 … | Natalie Lung / Bloomberg: |
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| Kevin Collier / NBC News: |
| Wall Street Journal: |
| Pei Li / Bloomberg: |
| Patpicha Tanakasempipat / Bloomberg: |