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January 31, 2025, 2:25 PM
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Top News

Kyle Wiggers / TechCrunch:
OpenAI launches o3-mini, its latest reasoning model that it says is largely on par with o1 and o1-mini in capability, but runs faster and costs less  —  OpenAI on Friday launched a new AI “reasoning” model, o3-mini, the newest in the company's o family of reasoning models.
Business Insider:
In a leaked recording of an all-hands meeting, Mark Zuckerberg said Meta was slow to respond to TikTok's rise because “we didn't think TikTok was social”  —  - Mark Zuckerberg addressed several recent policy changes in a company all-hands meeting on Thursday.
The Verge:
Leaked all-hands: Mark Zuckerberg said Meta sold more than 1M Ray-Ban smart glasses in 2024, revealing sales figures for the first time
Stephanie Kirchgaessner / The Guardian:
WhatsApp says it disrupted a campaign in which 90 journalists and other members of civil society were targeted using spyware from Israel-based Paragon  —  Messaging app said it had ‘high confidence’ some users were targeted and ‘possibly compromised’ by Paragon Solutions spyware
Dylan Patel / SemiAnalysis:
A close look at DeepSeek, which is estimated to have access to ~50K Hopper GPUs, a total server capex of ~$1.3B, and a GPU spend of $500M+ over its history  —  The DeepSeek Narrative Takes the World by Storm  —  DeepSeek took the world by storm.  For the last week, DeepSeek has been the only topic …
Samantha Kelly / CNET:
Apple agrees to a $20M settlement to resolve claims that some Watch batteries swelled over time, potentially damaging other key components, such as the display  —  Eligible Apple Watch owners have until April 10, 2025, to apply for a payout.  —  Owners of certain Apple Watch models …
Lauren Feiner / The Verge:
Apple files an emergency motion to halt the remedy trial of the DOJ vs. Google case while it appeals a court's denial of its request to intervene as a defendant  —  The company wants to play a bigger role to avoid ending its lucrative search deal.  —  The company wants to play a bigger role to avoid ending its lucrative search deal.
Costas Mourselas / Financial Times:
Investor letter: Elliott Management warns the White House's embrace of crypto is helping fuel a speculative mania that “could wreak havoc” when prices collapse  —  Supporting digital assets that could marginalise the dollar is ‘dangerous’, investor letter says
Bloomberg:
Sources: US officials are investigating whether DeepSeek bought advanced Nvidia chips from third parties in Singapore, circumventing US restrictions on AI chips  —  - Nvidia says it ‘insists’ that customers comply with laws  — Singapore accounts for about 20% of Nvidia's revenue
VideoCardz.com:
Nvidia updates its PC app and rolls out the new GPU drivers, bringing Multi Frame Generation to RTX 50 Series GPUs and DLSS transformer models to all RTX GPUs  —  NVIDIA DLSS4 released, Override feature now available  —  Following the launch of the GeForce RTX 5090 and 5080 …
CNBC:
Apple reports a record $124.3B revenue in Q1, up 4% YoY, net income up 7.1% to $36.3B, China net sales down 11% to $18.5B, largest drop in China since Q1 2024  —  Analysts are concerned about how Apple will signal the March quarter is shaking out.
Apple Inc.:
Apple Q1: iPhone down 1% YoY to $69.14B, vs. $71.03B est., Mac up 15% to $8.99B, iPad up 15% to $8.09B, and Wearables, Home, and Accessories down 2% to $11.75B
Wall Street Journal:
SoftBank, which sources say is in talks to invest $15B-$25B in OpenAI and $18B in Stargate, could borrow against its $140B+ Arm stake to fund the investments  —  Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer  —  In his newly built palace near Tokyo …
Counterpoint Research:
Indian smartphone market's revenue rose 9% YoY in 2024, with shipments up 1% YoY to 153M units; Nothing was the fastest-growing brand, up 577% YoY  —  - The Indian smartphone market's Revenue on the basis of the wholesale price rose 9% YoY in 2024 to reach a record high.
Kyle Wiggers / TechCrunch:
The Allen Institute for AI releases Tulu 3 405B, an open source model that it claims outperforms DeepSeek V3 and OpenAI's GPT-4o on certain benchmarks  —  Move over, DeepSeek.  There's a new AI champion in town — and they're American.  —  On Thursday, Ai2, a nonprofit AI research institute based …
Dan Primack / Axios:
Source: Anton Levy is stepping down as General Atlantic's co-president and chairman of global technology; Levy led investments in Alibaba, Facebook, and more  —  No word yet on his future plans, although it doesn't sound like anything is imminent.  — Levy will be replaced …
Kyle Wiggers / TechCrunch:
Microsoft creates the Advanced Planning Unit within its Microsoft AI division to help the company understand the societal, health, and work implications of AI  —  Microsoft says that it's creating a new unit, the Advanced Planning Unit (APU), within its Microsoft AI business division …
Jordan Novet / CNBC:
Intel reports Q4 revenue down 7% YoY to $14.26B, vs. $13.81B est., Data Center and AI down 3% YoY to $3.39B, and forecasts Q1 revenue below estimates  —  Intel issued disappointing quarterly guidance on Thursday, but reported earnings and revenue that topped estimates.  Shares were up 3% after hours.

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From Mediagazer

Meg James / Los Angeles Times:
Paramount agrees to pay Trump $16M to settle his 60 Minutes lawsuit, stating the money will go to his future presidential library, without offering an apology

Kerry Flynn / Axios:
G/O Media sells gaming news site Kotaku to Keleops, the European company that acquired Gizmodo in 2024, leaving G/O Media with just one property, The Root

Deadline:
Dr. Phil's Merit Street Media JV, launched in April 2024, files for Chapter 11 and sues business partner Trinity Broadcasting Network for breach of contract

More News

Arasu Kannagi Basil / Reuters:
Grayscale launches a dogecoin-focused fund, says it has “transitioned from a memecoin” to a tool for “global financial inclusion and a viable means of payment”

Earlier Picks

CRN:
Intel says it no longer plans to sell its next-gen Falcon Shores AI accelerator chip, which was set to launch in late 2025, to focus on its Jaguar Shores chip
MK Manoylov / The Block:
Tether plans to bring USDT to the Bitcoin base layer again and to the Layer 2 protocol Lightning Network, following USDT expansions to Celo and other networks
Todd Bishop / GeekWire:
Amazon sues Washington state to limit the release of public records to The Washington Post about Jeff Bezos' Amazon Project Kuiper satellite facility in Seattle
Dylan Butts / CNBC:
Samsung reports Q4 revenue up 12% YoY to ~$52.2B, vs. ~$51.9B est., operating profit up 132% YoY to ~$4.5B, vs. ~$4.7B est., and FY 2024 revenue of ~$207B
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