Baidu reports Q4 revenue up 6% YoY to ~$4.9B and net income down 48% YoY to ~$366M, as chatbot Ernie, which has 100M+ users, began to augment its ads business — Baidu Inc.'s revenue rose 6% after its ChatGPT-style service began to augment advertising sales, helping the Chinese AI leader weather a severe economic downturn.
A look at the underground floppy disk music scene; Discogs data shows 500+ floppy music releases in the 2020s, more than in the 1980s, 1990s, and 2000s combined — The first computery thing I do in the year 2024 is nudge a 3.5-inch floppy disk into a USB floppy drive that I bought …
Qualcomm unveils AI Hub, a new library of 75+ pre-optimized AI models, X80 5G modem, and FastConnect 7900, a chip that integrates Wi-Fi 7, Bluetooth, and UWB — Qualcomm unveiled a suite of AI, 5G, and Wi-Fi devices at Mobile World Congress (MWC) in Barcelona.
Samsung unveils Galaxy Ring at MWC 2024; the device is centered around health and wellness, comes in three colors, and will be available later this year — After teasing it (again) yesterday, Samsung has finally shown off the Galaxy Ring in physical form at Mobile World Conference (MWC 2024) and revealed some additional details.
Xiaomi launches Xiaomi 14 Ultra with a 6.73" LTPO 120Hz display, Snapdragon 8 Gen 3, and 50MP camera with a 1-inch-type Sony LYT-900 sensor, starting at €1,499 — Xiaomi is using MWC to launch two of its flagships for a global audience — though not including the US, as usual.
Honor announces global availability of Magic 6 Pro with a 6.8" 120Hz OLED display, Snapdragon 8 Gen 3, and 5,600mAh battery, set to retail for €1,299 in Europe — A month and a half after debuting the Magic 6 Pro in China, Honor is announcing global availability of its latest flagship at Mobile World Congress in Barcelona, Spain.
Sources: Apple has considered a fitness ring, smart glasses, and adding cameras and more advanced AI to AirPods, but is not actively developing these devices — Apple has explored the idea of developing new wearable devices — including a fitness ring, smart glasses and even AirPods with cameras …
Omdia estimates that the bill of materials for Apple Vision Pro is $1,542, with both of the 1.25-inch Micro OLED displays from Sony costing about $228 each — - Apple's Vision Pro headset starts at $3,499. — The Vision Pro includes lots of pricey state-of-the-art parts.
Many redditors say they are not enthused about Reddit's IPO and expect CEO Steve Huffman to run the site into the ground while trying to make it profitable — There's the mention of r/WallStreetBets. (Five mentions in total, actually.) There's the stockpile it's amassed of Bitcoin and Ethereum.
In Reddit's S-1, Steve Huffman offers a look at the site's beginnings without naming cofounder Alexis Ohanian, reflecting their schism during the BLM protests — Only one of Reddit's two cofounders is named in a new filing that puts the company weeks away from going public.
FTX agrees to sell FTX Europe back to its founders for $32.7M, drops a lawsuit seeking back $323M it had spent to acquire the startup originally called DA AG — Bankrupt crypto exchange FTX has settled a lawsuit that sought to claw back $323 million that it had spent acquiring a European startup …
How some news accounts on Instagram, including Mo News and Jessica Yellin, are gaining popularity even as the platform tries de-emphasizing political content — In this year's presidential election, more people are turning to Instagram for news, even as the platform tries de-emphasizing “political content.”
Wall Street Journal : Sources: Cantor Fitzgerald agreed to invest as much as $600M in Tether for about a 5% stake in the past year; Canto...
