Techmeme
January 29, 2025, 9:55 PM

Top News

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 …
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:
Meta's Reality Labs posts Q4 revenue up 1% YoY to $1.1B, vs. $1.1B est., and a $4.97B operating loss, vs. $5.4B est.; Reality Labs has lost $60B+ since 2020  —  Meta continues to lose billions of dollars developing the virtual reality and augmented reality technologies needed to underpin the nascent metaverse.
Charles Rollet / TechCrunch:
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 …
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 …
Financial Times:
More: 404 Media, Vox, BBC, Nikkei Asia, PCMag, VentureBeat, The Guardian, TechRadar, New York Times, The Verge, Gizmodo, MacRumors, NBC News, How-To Geek, TechCrunch, Tom's Hardware, Fox News, Australian Financial Review, Axios, Inc, Forbes, Security Boulevard, Futurism, IGN, Fortune, Android Police, Associated Press, Android Headlines, Barron's Online, IJR, Mashable, Music Business Worldwide, Windows Central, Engadget, iPhone in Canada Blog, The Hill, Sherwood News, Reuters, Inside Bitcoins, Digital Music News, Techstrong.ai, Marcus on AI, and Wall Street Journal
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:
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 …
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 …
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 …
Stefano Bernabei / Reuters:
DeepSeek disappears from Apple's and Google's app stores in Italy, a day after Italy's data protection regulator said it asked DeepSeek about personal data use  —  The Chinese artifical intelligence application DeepSeek appeared to be unavailable on Wednesday in Apple and Google app stores in Italy on Wednesday.
Ryan Browne / CNBC:
Ryan Browne / CNBC:

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More News

Meir Orbach / CTech:
Andrew J. Hawkins / The Verge:
Bloomberg:
Alex Weprin / The Hollywood Reporter:
Gene Maddaus / Variety:

Earlier Picks

Christopher Dring / Video Games Chronicle:
More: Thurrott, GamingBolt, VICE, and Wccftech
Bluesky: @shinobi602 and @knoebel
Forums: r/gaming, r/Games, r/xbox, and r/PS5
Wall Street Journal:
Ryan Gallagher / Bloomberg:
bellingcat: