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Monthly Archives: January 2025
Meta’s Reality Labs posts $5 billion loss in fourth quarter
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter.
UK’s first smartphone video call via satellite made from Welsh mountain
Vodafone says the tech could lead to the elimination of “not spots”, which cover an estimated 9% of the UK.
Elon Musk claims Tesla will launch a self-driving service in Austin in June
Tesla CEO Elon Musk said Wednesday that his company will launch a paid ride-hailing robotaxi service in Austin, Texas this coming June, the latest in a long line of sky-high promises he has yet to meet about autonomy. Musk was … Continue reading
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Threads adds another 20M monthly users since December, reaching 320M
Threads, Meta’s microblogging service, is growing at a fast pace as users gravitate to the app over rivals like X. During the company’s fourth-quarter earnings presentation on Wednesday, CEO Mark Zuckerberg revealed that Threads now has 320 million monthly active … Continue reading
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Exposed DeepSeek Database Revealed Chat Prompts and Internal Data
China-based DeepSeek has exploded in popularity, drawing greater scrutiny. Case in point: Security researchers found more than 1 million records, including user data and API keys, in an open database.
IBM shares rise 8% on earnings beat
In a statement, IBM CEO Arvind Krishna said the company has recorded $5 billion in bookings for its generative AI business.
Microsoft brings a DeepSeek model to its cloud
Microsoft’s close partner and collaborator, OpenAI, might be suggesting that DeepSeek stole its IP and violated its terms of service. But Microsoft still wants DeepSeek’s shiny new models on its cloud platform. Microsoft today announced that R1, DeepSeek’s so-called reasoning … Continue reading
Joe Lonsdale’s 8VC seeking $1B for new fund
8VC, a venture firm led by Palantir founder Joe Lonsdale, is seeking nearly $1 billion for its sixth fund, according to a regulatory filing. The Austin-based firm’s latest fund aims to raise nearly 14% more than its previous $880 million … Continue reading
Amazon lays off ‘small number’ of employees in communications and sustainability units
Amazon laid off more than 27,000 in 2022 and 2023 and has continued making smaller cuts.
DeepSeek might have a trademark problem in the U.S.
Chinese AI company DeepSeek has been accused of IP theft, faced privacy inquiries in Europe, and has been the target of an enormous cyberattack. Now, it appears the company has a new headache on its hands: a U.S. trademark conflict. … Continue reading
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