AMD reports profit beat, but misses on data center revenue

Posted on February 4, 2025 by Techme101

AMD reported better-than-expected results on Tuesday, but data center revenue trailed analysts’ estimates

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Snap shares soar on better-than-expected profit and revenue

Posted on February 4, 2025 by Techme101

Snap reported better-than-expected fourth-quarter results Tuesday but issued earnings guidance that trailed estimates.

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Alphabet expects to invest about $75 billion in capital expenditures in 2025

Posted on February 4, 2025 by Techme101

Alphabet CEO Sundar Pichai said the company plans to invest about $75 billion in capital expenditures in 2025 as it continues to innovate.

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U.K. Announces ‘World-First’ Cyber Code of Practice for Companies Developing AI

Posted on February 4, 2025 by Techme101

The Cyber Code of Practice applies to developers, system operators, and organisations that create, deploy, or manage AI systems.

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Google removes pledge to not use AI for weapons from website

Posted on February 4, 2025 by Techme101

Google removed a pledge to not build AI for weapons or surveillance from its website this week. The change was first spotted by Bloomberg. The company appears to have updated its public AI principles page, erasing a section titled “applications we will not pursue,” which was still included as recently as last week. Asked for […]
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Google Lifts a Ban on Using Its AI for Weapons and Surveillance

Posted on February 4, 2025 by Techme101

Google published principals in 2018 barring its AI technology from being used for sensitive purposes. Weeks into President Donald Trump’s second term, those guidelines are being overhauled.

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Stripe closes $1.1 billion Bridge deal, prepares for aggressive stablecoin push

Posted on February 4, 2025 by Techme101

Stripe has closed its acquisition of Bridge Network, and executives are gearing up to make a big splash in the growing stablecoin market.

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Spyware maker Paragon confirms U.S. government is a customer

Posted on February 4, 2025 by Techme101

Israeli spyware maker Paragon Solutions confirmed to TechCrunch that it sells its products to the U.S. government and other unspecified allied countries. Paragon’s executive chairman John Fleming said in a statement to TechCrunch on Tuesday that, “Paragon licenses its technology to a select group of global democracies — principally, the United States and its allies.” […]
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Okta competitor SailPoint races toward $11.5B IPO

Posted on February 4, 2025 by Techme101

Cybersecurity company SailPoint is hoping to sell $1 billion worth of stock in its upcoming IPO and offer another signal that IPOs will become hot again.
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Amazon to face legal action after Quebec warehouse closures trigger mass layoffs

Posted on February 4, 2025 by Techme101

A union that represents some Montreal Amazon workers said it will petition a court to compel the company to reopen the warehouses and reverse the job cuts.

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