Ivan Mehta / TechCrunch:
X raises its Premium+ subscription to $40 per month, or $395 per year, after raising it to $22 per month in December 2024, following Grok3's launch — Hours after Elon Musk's AI company, xAI released the latest version of its AI model, Grok 3, X has significantly hiked the price …
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Tuesday, February 18, 2025
X raises its Premium+ subscription to $40 per month, or $395 per year, after raising it to $22 per month in December 2024, following Grok3's launch (Ivan Mehta/TechCrunch)
Baidu reports Q4 revenue down 2% YoY to ~$4.7B, above $4.6B est., and a ~$717M net income, above ~$540M est., as its search and AI businesses face competition (Bloomberg)
Bloomberg:
Baidu reports Q4 revenue down 2% YoY to ~$4.7B, above $4.6B est., and a ~$717M net income, above ~$540M est., as its search and AI businesses face competition — Revenue for the three months ended December shrank 2% to 34.1 billion yuan ($4.7 billion), versus an average estimate of 33.4 billion yuan.
Monday, February 17, 2025
An analysis of credit and debit card data shows TikTok Shop passed Shein and Temu in US sales in January 2025, growing 153% to Shein's 26% and Temu's 28% (Bloomberg)
Bloomberg:
An analysis of credit and debit card data shows TikTok Shop passed Shein and Temu in US sales in January 2025, growing 153% to Shein's 26% and Temu's 28% — The popular video app, which brought in-app shopping to its millions of American users in 2023, continued to surpass Shein …
Sources: Wall Street banks led by Morgan Stanley have offloaded almost all of Elon Musk's $12.5B in loans used to buy Twitter, and now hold $1B+ in X debt (Financial Times)
Financial Times:
Sources: Wall Street banks led by Morgan Stanley have offloaded almost all of Elon Musk's $12.5B in loans used to buy Twitter, and now hold $1B+ in X debt — Investor perception of debt has changed since Donald Trump's election victory — Wall Street banks have rid themselves of almost …
New junior developers are reliant on Copilot, Claude, and other AI tools, meaning foundational coding knowledge is now missing, creating problems down the road (Namanyay Goel/N's Blog)
Namanyay Goel / N's Blog:
New junior developers are reliant on Copilot, Claude, and other AI tools, meaning foundational coding knowledge is now missing, creating problems down the road — 100k+ views 70+ votes 50+ votes — Something's been bugging me about how new devs and I need to talk about it.
Chinese President Xi meets with Alibaba co-founder Jack Ma, Huawei founder Ren Zhengfei, and more, signaling Beijing's support for the long-marginalized sector (Bloomberg)
Bloomberg:
Chinese President Xi meets with Alibaba co-founder Jack Ma, Huawei founder Ren Zhengfei, and more, signaling Beijing's support for the long-marginalized sector — - Meeting signals a more supportive stance toward private firms — Xi's presence marks a potentially powerful endorsement
The US NLRB rules that Amazon must negotiate with the Amazon Labor Union, which represents ~5K workers at its Staten Island warehouse; Amazon plans to appeal (Greg Bensinger/Reuters)
Greg Bensinger / Reuters : The US NLRB rules that Amazon must negotiate with the Amazon Labor Union, which represents ~5K workers at its ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...