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t.co
Spotify slashed nearly €500M in marketing, R&D spending, and general administrative expenses in 2024, which helped the company swing to a net income of €1.1B
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t.co
)
2025-3-17
Spotify
Foxconn CEO Young Liu says “the attitude and the approach” of the US government toward tariffs has become a “big headache” for companies like Apple and Amazon
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t.co
)
2025-3-14
Amazon
Apple
Two activist groups launch a legal challenge against the UK's bid to force Apple to create a data “backdoor”, arguing it would breach consumers' privacy rights
(
t.co
)
2025-3-14
Apple
Sources: DeepSeek has shown little intention to further commercialize its tech in the near term, instead focusing on model development and building AGI
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t.co
)
2025-3-14
GoTo, which operates Gojek and is a part owner of e-commerce company Tokopedia, reports adjusted EBITDA of $23.5M for 2024, its first annual profit
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t.co
)
2025-3-13
The FCC is creating a security council to bolster US defenses against cyberattacks and help it stay ahead of China in critical technologies, such as AI and 5G
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t.co
)
2025-3-13
China
AI
5G
Niantic's $3.5B deal gives Scopely, acquired by Saudi-owned Savvy Games Group in 2023 for $4.9B, a total audience of 500M+ players, driven by Monopoly Go!
(
t.co
)
2025-3-12
Amazon, Google, and Meta join a World Nuclear Association statement, alongside Occidental, Dow, and others, to triple capacity by 2050; Microsoft didn't sign
(
t.co
)
2025-3-12
Google
Amazon
Microsoft
After Palantir's stock jumped 350%+ in 2024, founder Alex Karp has sold $1.9B in shares since January 2024; VerityData says his PLTR holdings are worth $12.8B
(
t.co
)
2025-3-12
Spotify says it paid $10B+ in royalties in 2024, “the largest in music history”, making up 60%+ of its $17.13B+ 2024 revenue, with ~1,500 artists earning $1M+
(
t.co
)
2025-3-12
Spotify
Lego CEO Niels Christiansen says the toymaker plans to make video games in-house, after 2024 revenue rose 13% YoY to ~$10B; its Fortnite tie-up has 87M players
(
t.co
)
2025-3-11
A look at Amazon's growing array of warehouse robots, from robotic arms to heavy lift units and sorting machines; Amazon Robotics has rolled out 750K+ devices
(
t.co
)
2025-3-11
Amazon
Robot
Meituan, Ele.me, and other Chinese food delivery companies plan to offer social security benefits to riders after JD's February move, amid government pressure
(
t.co
)
2025-3-11
China
Cerebras, Groq, and Big Tech target AI inference to challenge Nvidia; Barclays sees inference capex surpassing training in two years, reaching $208.2B in 2026
(
t.co
)
2025-3-11
AI
Nvidia
Stripe, Revolut, and other banks and fintechs rush to launch stablecoins; there are ~$210B in stablecoins issued globally, including Tether printing $142B
(
t.co
)
2025-3-10
Asset managers and investors say wealthy Chinese investors are using SPVs to quietly funnel tens of millions of dollars into Musk's xAI, Neuralink, and SpaceX
(
t.co
)
2025-3-10
China
Asset
SpaceX
Revolut and Visa file challenges against UK's Payment Systems Regulator, say it overstepped its powers with a plan to cap international digital transaction fees
(
t.co
)
2025-3-8
Europe is in talks with SES, Viasat, and others as it rushes to provide Ukraine with alternatives to Starlink, whose service became patchy near the frontline
(
t.co
)
2025-3-8
Europe
Ukraine
Trump's Strategic Bitcoin Reserve, which will hold only assets that have been forfeited, disappoints traders who hoped the government would begin buying bitcoin
(
t.co
)
2025-3-8
Trump
Bitcoin
Asset
Analysis: the $TRUMP memecoin generated $314M from token sales and $36M in fees within three weeks of launch, likely raising conflict of interest concerns
(
t.co
)
2025-3-7
Trump
Sources: Meta plans to add improved voice features in Llama 4, expected in weeks, betting that future AI agents will be conversational rather than text-led
(
t.co
)
2025-3-7
AI
Sources: longtime Elon Musk ally Michael Grimes is leading a shake-up of the Chips Program Office, which administers billions in semiconductor subsidies
(
t.co
)
2025-3-7
Elon Musk
Taiwan's government says it will assist with TSMC's $100B investment in the US, but also do “gatekeeping” to keep the most advanced tech in Taiwan
(
t.co
)
2025-3-5
Taiwan
Sources: Apple filed a complaint to the Investigatory Powers Tribunal over the UK's demand for a backdoor to read encrypted data of users, even non-UK citizens
(
t.co
)
2025-3-5
Apple
Builder.ai CEO Sachin Dev Duggal says he is stepping down from the London-based startup, which has raised $450M to use AI to develop apps and websites
(
t.co
)
2025-3-4
Startup
AI
London
New York-based corporate payments startup Ramp hit a $13B valuation in a $150M share sale to GIC, Stripes, Thrive, and others, up from $7.65B in April 2024
(
t.co
)
2025-3-3
Startup
New York
Guggenheim Partners CEO Mark Walter and ex-Legendary Entertainment owner Thomas Tull launch TWG Global to invest in AI, sources say with nearly $40B in assets
(
t.co
)
2025-3-3
AI
Asset
Singapore charges three men in a case suspected to involve Nvidia chip sales that breach US export controls, after a tip-off the chips were exported to Malaysia
(
t.co
)
2025-3-3
Singapore
Malaysia
Nvidia
DeepSeek, OpenAI, and others building smaller, powerful models quickly and cheaply using “distillation” raises questions about LLMs' first-mover advantage
(
t.co
)
2025-3-2
Despite breakthroughs from Amazon and Microsoft, quantum computing is far from its silicon moment, with no consensus on the best way to build practical qubits
(
t.co
)
2025-3-2
Amazon
Microsoft
Quantum
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