Sources: White House and lawmakers are scrutinizing Apple's plan to use Alibaba's AI on iPhones in China, over concerns about data sharing, censorship, and more — The Trump administration and congressional officials have raised concerns about a deal to put a Chinese company's artificial intelligence on iPhones.
Sources: ByteDance expects 2025 revenue to grow 20% YoY to $186B vs. 29% growth in 2024, driven by TikTok's global expansion; ByteDance has 4B MAUs across apps — TikTok's owner expects sales to increase to roughly $186 billion from $155 billion in 2024, people familiar with its finances said.
Charter Is in Talks to Combine with Rival Cox Communications … The companies are discussing a cash and stock transaction that would value Cox at more than $30 billion including debt, according to the people. The Cox family would be the largest shareholder in the combined company with a stake …
Epic Games says Fortnite on iOS will be offline worldwide “until Apple unblocks it” after Apple rejected its latest submission to the US App Store — Epic says that the game is ‘offline’ on iPhones everywhere after Apple rejected its App Store resubmission.
Hacking group DragonForce says it stole UK retailer Co-op's customer data and planned to deploy ransomware, but Co-op quickly shut down its systems, unlike M&S — Co-op narrowly averted being locked out of its computer systems during the cyber attack that saw customer data stolen …
YouTube announces Peak Points, a pilot Gemini AI feature that lets advertisers target ads to viewers when they are most engaged with a video — YouTube on Wednesday announced a new tool that will allow advertisers to use Google's Gemini AI model to target ads to viewers when they are most engaged with a video.
Filing: GD Culture Group, a struggling China-linked company that has only eight staff, plans to buy $300M in BTC and $TRUMP, creating clear ethical conflicts — The firm, which produces content for TikTok, recorded no revenue last year, but it announced this week that a mysterious stock sale …
Foxconn reports Q1 revenue up 24% YoY to ~$54B, net profit up 91% YoY to ~$1.38B, above est.,; cloud and networking, like AI servers, was 34% of its Q1 revenue — The company still expects AI servers to be a growth driver this year — Foxconn Technology Group reported strong first-quarter results …
SoftBank reports Q4 net profit up 124% YoY to ~$3.5B, a surprise profit and above a ~$182M loss est., due to improving valuations of Alibaba, T-Mobile, and more — Analysts had predicted a small quarterly loss at Japanese tech investment group — Roula Khalaf, Editor of the FT …
How President Trump is leveraging the US' dominance in AI chips to secure strategic deals with Middle Eastern oil-rich countries like Saudi Arabia and the UAE — As the president heads to the Middle East, America's dominance over A.I. chips has become a powerful source of leverage for the president.
How India aims to become a regional data center hub, leveraging its low energy pricing and AI-skilled workforce; power supply constraints pose a major challenge — Domestic demand is rising fast and international cloud providers are looking to expand footprints — Krishn Kaushik and Chris Kay in Chennai
Q&A with Whitney Wolfe Herd about returning as Bumble CEO, Tinder lawsuit, being bullish about using AI in dating apps, funding for female founders, and more — Devin Oktar Yalkin for The New York Times — It feels like a lifetime ago, but when Whitney Wolfe Herd co-founded her first company …
As the consumer metaverse falters, the World Economic Forum projects the industrial metaverse will reach $100B by 2030, led by platforms like Nvidia Omniverse — Forget Mark Zuckerberg's vision of VR meetings; the industrial metaverse bridges digital and physical worlds in a way that's actually useful.
Sources: OpenAI is negotiating with Microsoft to enable a future IPO; Microsoft offers to cut its equity stake for continued access to OpenAI tech beyond 2030 — High-stakes talks to revise terms of multibillion-dollar partnership are key to plans to adopt for-profit model
Q&A with Anthropic co-founder Jack Clark on the parts of the economy AGI will affect last, why he's relatively bearish on AI-fueled economic growth, and more — And the inevitable future of AI-enhanced parenting — SUBSCRIBE - Apple - Google - Stitcher - Spotify - YouTube
The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...
