Techmeme
January 29, 2025, 7:50 PM

Top News

Meta:
Meta reports Q4 revenue up 21% YoY to $48.4B, net income up 49% YoY to $20.8B, and family daily active people up 5% YoY to 3.35B on average for December 2024  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2024.
Jonathan Vanian / CNBC:
Charles Rollet / TechCrunch:
Microsoft:
Microsoft reports Q2 revenue up 12% YoY to $69.6B, Microsoft 365 Commercial products and cloud services revenue up 15% YoY, and net income up 10% YoY to $24.1B  —  Microsoft Cloud and AI Strength Drives Second Quarter Results  —  REDMOND, Wash. — January 29, 2025 — Microsoft Corp. today announced …
Financial Times:
Wired:
Wiz: DeepSeek left one of its critical databases exposed, leaking more than 1M records including system logs, user prompt submissions, and users' API keys  —  China-based DeepSeek has exploded in popularity, drawing greater scrutiny.  Case in point: Security researchers found more than 1 million records …
Bloomberg:
Wall Street Journal:
Meta agrees to pay ~$25M to settle a 2021 lawsuit that Trump brought against Meta and Mark Zuckerberg after it suspended his accounts following the Jan. 6 riot  —  The president had sued the social-media company after his accounts were suspended  —  President Trump has signed settlement papers …
Dario Amodei:
DeepSeek makes US export controls to China even more important, and DeepSeek-V3 is not a unique breakthrough but an expected point on a cost reduction curve  —  A few weeks ago I made the case for stronger US export controls on chips to China.  Since then DeepSeek, a Chinese AI company …
New York Times:
Eduardo Baptista / Reuters:
Alibaba releases Qwen 2.5-Max, an AI model that the company's cloud unit claims “outperforms” GPT-4o, DeepSeek-V3, and Llama-3.1-405B “almost across the board”  —  Chinese tech company Alibaba (9988.HK) on Wednesday released a new version of its Qwen 2.5 artificial intelligence model …
Tom Warren / The Verge:
Microsoft adds DeepSeek's R1 to Azure AI Foundry and GitHub, and plans to make a distilled, smaller version of R1 available to run locally on Copilot+ PCs soon  —  Microsoft has moved surprisingly quickly to bring R1 to its Azure customers.  —  Microsoft has moved surprisingly quickly to bring R1 to its Azure customers.
Zaheer Kachwala / Reuters:
Trump Media unveils fintech brand Truth.Fi with an investment of up to $250M, which can be allocated to various investments, like BTC and other cryptocurrencies  —  Truth Social parent Trump Media and Technology Group (DJT.O) said on Wednesday its board of directors has approved the launch …
New York Times:
Sources detail Elon Musk's time in government, bringing his friends and employees, as he races to cut staff; Musk's plane has not left DC since the inauguration  —  The billionaire and his Silicon Valley associates landed in the capital and immediately moved to cut the size of the federal government …
Jay Peters / The Verge:
Comcast starts rolling out its “pioneering new, ultra-low lag connectivity experience” to select US cities, using the L4S standard to significantly cut latency  —  The new technology is based on a standard called L4S, which can significantly reduce latency to help things like video games feel smoother.
Ryan Browne / CNBC:
Ryan Browne / CNBC:
Bloomberg:
Sources: the Trump administration is exploring additional curbs on the sale of chips to China to cover Nvidia's scaled-down H20, designed for the Chinese market  —  - Officials had very early talks about restricting the H20 chip  — Nvidia designed the scaled-down H20 product for Chinese market

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More News

Meir Orbach / CTech:
Andrew J. Hawkins / The Verge:
Alex Weprin / The Hollywood Reporter:
Gene Maddaus / Variety:
Christopher Dring / Video Games Chronicle:
More: Thurrott, GamingBolt, Windows Central, and VICE
Bluesky: @shinobi602 and @knoebel
Forums: r/gaming, r/Games, r/xbox, and r/PS5
Ben Wilson / Windows Central:

Earlier Picks

Wall Street Journal:
Ryan Gallagher / Bloomberg:
bellingcat:
Cynthia Littleton / Variety: