Philippine President Marcos Jr. signs a law imposing a 12% value-added tax on non-resident digital service providers, including Netflix, HBO, and Disney (Andreo Calonzo/Bloomberg)

Andreo Calonzo / Bloomberg:
Philippine President Marcos Jr. signs a law imposing a 12% value-added tax on non-resident digital service providers, including Netflix, HBO, and Disney  —  Philippine President Ferdinand Marcos Jr. on Wednesday signed a law imposing a 12% value-added tax on non-resident digital service providers including Netflix, HBO and Disney.

How streamers on Twitch and other services are moving further into talking politics, making the livestreaming platforms a focus for both presidential campaigns (New York Times)

New York Times:
How streamers on Twitch and other services are moving further into talking politics, making the livestreaming platforms a focus for both presidential campaigns  —  As more streamers discuss politics, including major events like Tuesday's debate, they have become the focus of intense interest for both presidential campaigns.

Raspberry Pi AI Camera review: the new $70 kit has a smart camera with performance that will cover 99% of basic user projects, and works as a standard Pi camera (Les Pounder/Tom's Hardware)

Les Pounder / Tom's Hardware:
Raspberry Pi AI Camera review: the new $70 kit has a smart camera with performance that will cover 99% of basic user projects, and works as a standard Pi camera  —  Smarter Pi  —  Tom's Hardware Verdict … It may not come as a big surprise.  After all, the $70 Raspberry Pi AI Camera …

Google's lawyers wrapped up their defense of the company in the US DOJ ad tech antitrust trial last week; a judge's ruling is expected in the coming months (New York Times)

New York Times:
Google's lawyers wrapped up their defense of the company in the US DOJ ad tech antitrust trial last week; a judge's ruling is expected in the coming months  —  The tech giant, which wrapped up its arguments in the federal monopoly trial, simply says it has the best product.

California passes a law that includes "neural data" under personal sensitive information, aiming to protect people's brain data from being misused by companies (Jonathan Moens/New York Times)

Jonathan Moens / New York Times:
California passes a law that includes “neural data” under personal sensitive information, aiming to protect people's brain data from being misused by companies  —  The state extended its current personal privacy law to include the neural data increasingly coveted by technology companies.

Sources: Apple considers options for its headsets, including moving compute to iPhone, and is working on homeOS; new Masimo CEO could enable a deal with Apple (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Sources: Apple considers options for its headsets, including moving compute to iPhone, and is working on homeOS; new Masimo CEO could enable a deal with Apple  —  Meta's latest AR glasses and cheaper mixed-reality headset add pressure on Apple to make its Vision push work.

A look at challenges to OpenAI becoming a for-profit company, including the complexity of splitting assets with the nonprofit arm, which will continue to exist (Wall Street Journal)

Wall Street Journal:
A look at challenges to OpenAI becoming a for-profit company, including the complexity of splitting assets with the nonprofit arm, which will continue to exist  —  Converting from a nonprofit happens rarely, especially for organizations this wealthy.  OpenAI has two years to do so.

NYU professor Aswath Damodaran on an AI bot that is trained on his equity valuation work that is in the public domain, why AI will empower generalists, and more (Aswath Damodaran/Financial Times)

Aswath Damodaran / Financial Times:
NYU professor Aswath Damodaran on an AI bot that is trained on his equity valuation work that is in the public domain, why AI will empower generalists, and more  —  Whether the risks to jobs is real or not, it behoves us all to act like it is given how consequential the costs could be

Sources: TSMC's execs took to calling Sam Altman a "podcasting bro" after he said it would take $7T and many years to build 36 chip plants to fulfill his vision (New York Times)

New York Times:
Sources: TSMC's execs took to calling Sam Altman a “podcasting bro” after he said it would take $7T and many years to build 36 chip plants to fulfill his vision  —  Sam Altman, OpenAI's chief executive, is talking to the United Arab Emirates, Asian chipmakers and U.S. officials …

Sources: OpenAI expects its revenue to grow to $11.6B in 2025; ChatGPT has 10M paying users and could bring in $2.7B in revenue in 2024, up from $700M in 2023 (Reuters)

Reuters:
Sources: OpenAI expects its revenue to grow to $11.6B in 2025; ChatGPT has 10M paying users and could bring in $2.7B in revenue in 2024, up from $700M in 2023  —  Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener …

SEMI: China is projected to invest $100B+ on chipmaking equipment from 2025 to 2027, followed by South Korea at $81B, Taiwan at $75B, and the Americas at $63B (Toby Sterling/Reuters)

Toby Sterling / Reuters:
SEMI: China is projected to invest $100B+ on chipmaking equipment from 2025 to 2027, followed by South Korea at $81B, Taiwan at $75B, and the Americas at $63B  —  Semiconductor manufacturers will spend a record $400 billion on computer chip-making equipment in 2025-2027 …

Chinese state media has embraced the success of Black Myth: Wukong, a Chinese AAA game that has sold 20M+ copies globally, hailing it as a soft power export (Lizzi C. Lee/Rest of World)

Lizzi C. Lee / Rest of World:
Chinese state media has embraced the success of Black Myth: Wukong, a Chinese AAA game that has sold 20M+ copies globally, hailing it as a soft power export  —  China is changing its long-critical stance thanks to the smash hit, according to Chinese game developers and industry analysts.

The UK CMA rules that Amazon's $4B Anthropic deal does not qualify for an investigation under merger laws as Anthropic's UK revenue did not meet needed limits (Katharine Gemmell/Bloomberg)

Katharine Gemmell / Bloomberg:
The UK CMA rules that Amazon's $4B Anthropic deal does not qualify for an investigation under merger laws as Anthropic's UK revenue did not meet needed limits  —  The Competition and Markets Authority said Friday that the tie-up did not qualify for an investigation under merger laws.

DefiLlama: Coinbase's L2 Ethereum network Base stands at $2.08B in total value locked, up from $430M at the start of 2024, marking a 370% growth year-to-date (Vishal Chawla/The Block)

Vishal Chawla / The Block:
DefiLlama: Coinbase's L2 Ethereum network Base stands at $2.08B in total value locked, up from $430M at the start of 2024, marking a 370% growth year-to-date  —  - Base has surpassed a total value locked of $2 billion for the first time — a 370% increase year-to-date.

Current and former staff say OpenAI has rushed product announcements and safety testing, lost its lead over rivals, and Altman is detached from the day-to-day (Deepa Seetharaman/Wall Street Journal)

Deepa Seetharaman / Wall Street Journal:
Current and former staff say OpenAI has rushed product announcements and safety testing, lost its lead over rivals, and Altman is detached from the day-to-day  —  Executives and researchers have left this year amid disputes over the company's values and fights among its leaders