| Financial Times: |
Sources: Arm plans to launch its own chip, expected to be a CPU for servers in large data centers, this year after securing Meta as one of its first customers — Move by SoftBank-owned chip designer threatens to upend the balance of power in the $700bn semiconductor industry| Bloomberg: |
Alibaba Chair Joe Tsai says Apple will use the Chinese tech giant's AI tech on iPhones sold in China, speaking at the World Government Summit in Dubai — - Chairman Joe Tsai confirms Apple will use its AI technology — Alibaba is staging a comeback after years of turbulence| Emma Roth / The Verge: |
Tim Cook teases an announcement of “the newest member of the family” on February 19; Mark Gurman reported Apple would update the iPhone SE — Apple will reveal its next device on February 19th. — Apple will reveal its next device on February 19th.| Joe Rossignol / MacRumors: |
Apple resumes advertising on X for the first time since November 2023, when it halted ads due to Elon Musk's comments; @Apple is running a Safari privacy promo — Apple this month started advertising on X for the first time in more than a year. The company had stopped advertising … | Naman Ramachandran / Variety: |
Sony Q3: revenue up 18% YoY to $28.6B, operating income up 1% to $3.05B, gaming and network revenue up 16% to $10.92B, driven by PS5 sales; SONY closes up 5.55% — Sony Group Corporation turned in a strong third quarter for 2024, riding high on gaming and music while its film unit faced headwinds.| Andy Robinson / Video Games Chronicle: |
| Jez Corden / Windows Central: |
| Alexandra Bruell / Wall Street Journal: |
The Atlantic, Politico, Vox and others sue Cohere, alleging it used copyrighted works to train its LLM and shared versions of entire articles without permission — Lawsuit accuses Canadian company of sharing versions of entire articles without permission — The Atlantic, Politico … | Amanda Silberling / TechCrunch: |
YouTube updates Shorts to integrate Google DeepMind's latest video model Veo 2, letting creators generate AI video clips to add to any of their Shorts — YouTube Shorts is integrating with Google DeepMind's latest video model, Veo 2, allowing creators to generate AI video clips for their posts.| Abner Li / 9to5Google: |
Google's Gemini can now recall and “reference past chats for more tailored help”; the feature is rolling out in English for Advanced subscribers — Google today is rolling out a new Gemini app feature for Advanced subscribers that can recall and “reference past chats for more tailored help.”| Andy Greenberg / Wired: |
Recorded Future: Salt Typhoon breached five more telcos and ISPs, including two US telcos, and 12+ universities in December-January by exploiting Cisco routers — Despite high-profile attention and even US sanctions, the group hasn't stopped or even slowed its operation, including the breach of two more US telecoms.| J. Edward Moreno / Sherwood News: |
Airbnb Q4: revenue up 12% YoY to $2.48B, Nights and Experiences Booked up 12%, Gross Booking Value up 13% to $17.6B vs. $17.2B est.; ABNB jumps 13%+ after hours — Consumers spent more than $81 billion on Airbnb in 2024. — 12m — Short-term rental giant Airbnb reported quarterly results … | Samuel Stolton / Bloomberg: |
Meta says it will let classified ad firms in Europe pay to place their listings on Facebook Marketplace, after a pilot with eBay, following the EU's €798M fine — - Company was fined €798 million by EU for abusing dominance — Move to open up Facebook Marketplace will come with costs| Reuters: |
Germany's Bundeskartellamt charges Apple with abusing its market power via App Tracking Transparency, giving itself preferential treatment, and requires changes — The German antitrust authority has charged Apple (AAPL.O) with abusing its market power through its app tracking tool … | Dan Primack / Axios: |
Texas-based humanoid robot startup Apptronik raised a $350M Series A co-led by B Capital and Capital Factory and plans a series of pilot programs in 2025 — embargo moved to thurs... Apptronik, a Texas-based developer of humanoid robots, announced Wednesday that it's raised $350 million in Series A funding.| Todd Spangler / Variety: |
Roku reports Q4 revenue up 22% YoY to $1.2B, vs. $1.15B est., a net loss of $35.5M, and streaming households up 12% YoY to 89.8M; ROKU jumps 10%+ after hours — Platform revenue tops $1 billion for the first time, with political ads representing 6% of segment revenue in the quarter| Stephanie Palazzolo / The Information: |
Source: Anthropic has developed a hybrid AI model that combines traditional LLM capabilities with reasoning features and plans to release it in the coming weeks — After OpenAI released its reasoning models last fall, Google, Alibaba, High-Flyer Capital Management and others followed with their own.| Chainalysis: |
In 2024, crypto scams received at least $9.9B on-chain, up 40% YoY and likely a record; scams marketplace Huione Guarantee received $376M+ in crypto in 2024 — The Chainalysis Crypto Crime Report — In 2024, cryptocurrency scams received at least $9.9 billion on-chain … | Beatrice Nolan / Fortune: |
After Meta laid off 3,600 of its “lowest performers” on February 10, some say they had good performance reviews, and experts say the label is highly subjective — - <strong>Meta said it was cutting low performers in its most recent round of cuts. However, some staffers and experts have questioned the company's methods.| Joseph Menn / Washington Post: |
Sen. Ron Wyden and Rep. Andy Biggs write to National Intelligence Director Tulsi Gabbard asking her to demand the UK retract its back door request to Apple — Letter urges new intelligence chief Tulsi Gabbard to take resolute action to stymie a top ally's controversial and confidential order.| Kyle Wiggers / TechCrunch: |
Court filing: Elon Musk will withdraw his $97.4B bid if OpenAI's board of directors “preserve the charity's mission” and halt its conversion to a for-profit — In a court filing on Wednesday, a lawyer for Elon Musk said the billionaire will withdraw his $97.4 billion bid … | Malathi Nayak / Bloomberg: |
| Bailey Lipschultz / Bloomberg: |
Sources: Thoma Bravo-backed enterprise security software company SailPoint raised $1.38B in an upsized IPO at $23 per share, giving it a $12.8B market cap — The Austin-based company and the sellers sold 60 million shares Thursday for $23 each after marketing 50 million for $21 to $23 apiece …
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| Tanaya Macheel / CNBC: |
| Dan Primack / Axios: |
| Lorenzo Franceschi-Bicchierai / TechCrunch: |
| Paul Sawers / TechCrunch: |
| Ingrid Lunden / TechCrunch: |
| The Markup: |
| Ken Bensinger / New York Times: |