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February 7, 2025, 1:45 AM
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Top News

Amazon.com, Inc.:
Amazon reports Q4 revenue up 10% YoY to $187.8B, vs. $187.3B est., net income up 89% YoY to $20B, and operating income up 61% YoY to $21.2B  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2024.  Fourth Quarter 2024
Annie Palmer / CNBC:
Amazon expects to boost its capex to $100B in 2025, largely driven by AI and up from 2024's ~$83B, in what Andy Jassy calls a “once-in-a-lifetime” opportunity
Mark Gurman / Bloomberg:
Sources: Apple plans to unveil its long-awaited overhaul of the iPhone SE as early as next week, opting to reveal it on its website instead of at a launch event  —  - Revamped SE model is set to be unveiled in the coming days  — Apple plans flurry of 2025 products, including smart home hub
Natalie Andrews / Wall Street Journal:
US lawmakers introduce a bipartisan bill that would ban DeepSeek's app from government-owned devices, amid concerns that China would be able to access user data  —  Bipartisan bill comes amid concerns that the application allows China to see user data  —  WASHINGTON—Lawmakers plan …
Romain Dillet / TechCrunch:
Mistral releases iOS and Android apps and updates to its AI assistant Le Chat, including a $14.99-per-month Pro tier to access the “highest-performing model”  —  Mistral, the company that is sometimes considered as Europe's great hope for AI, is releasing several updates to Le Chat, its AI assistant product.
Zaheer Kachwala / Reuters:
Take-Two reports Q3 net bookings up 3% YoY to $1.37B, vs. $1.39B est., and reiterates GTA VI is set to launch in the fall of 2025; TTWO jumps 6%+ after hours  —  Take-Two Interactive Software (TTWO.O) forecast its fourth-quarter bookings below Wall Street expectations on Thursday …
Katherine Long / Wall Street Journal:
DOGE staff member Marko Elez resigns after being linked to racist X posts; the 25-year-old was embedded in the US Treasury and previously worked at SpaceX and X  —  A staffer for Elon Musk's Department of Government Efficiency whose access to U.S. Treasury payment systems was approved …
Washington Post:
Sources: DOGE is processing sensitive financial data from across the Education Department with AI tools in Microsoft Azure to look for potential spending cuts
Abner Li / 9to5Google:
Email: Google is testing a Search “AI Mode” powered by Gemini 2.0 that lets users ask “open-ended / exploratory questions” and get AI Overview-style responses  —  As previously spotted, Google Search is working on a new “AI Mode” that offers a “persistent place” …
Jess Weatherbed / The Verge:
Google starts using SynthID watermarks in Google Photos on images that were edited using Magic Editor, but says some Reimagine edits may be too small to detect  —  But Google admits that some generative AI adjustments may be ‘too small’ for SynthID to detect.
Marina Temkin / TechCrunch:
In a meeting with GOP lawmakers, Donald Trump proposed taxing carried interest as ordinary income, a policy that could sharply increase the tax bill for VCs  —  On Thursday, President Trump asked Republican lawmakers to end tax breaks on carried interest.  —  The tax break allows private equity …
Ashley Belanger / Ars Technica:
Kadrey v. Meta: unsealed emails show Meta allegedly torrented 81.7TB+ of data across multiple shadow libraries through the site Anna's Archive for AI training  —  Newly unsealed emails allegedly provide the “most damning evidence” yet against Meta in a copyright case raised by book authors alleging …
Jagmeet Singh / TechCrunch:
Customer service software startup Sprinklr cuts 500 jobs, ~15% of its workforce, citing weak business performance; C-level staff remain unaffected  —  Sprinklr, a U.S. firm providing a customer experience management platform to global brands, has laid off about 15% of its workforce …

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From Mediagazer

Sara Fischer / Axios:
PBS and a public TV affiliate in Minnesota sue the Trump administration, saying his executive order to cut federal funding violated PBS' First Amendment rights

Max Tani / Semafor:
The California State Senate opens an inquiry into whether Paramount's reported $15M proposed settlement with Trump violated bribery and unfair competition laws

Chris Willman / Variety:
Taylor Swift acquires the rights to her first six albums from Shamrock Capital; sources say the deal was in the mid-$300M range

More News

Paul Sawers / TechCrunch:
GitHub announces updates for Copilot, including Vision for Copilot being able to generate interfaces, code, and alt text from a screenshot, photo, or a diagram

Earlier Picks

Mark Gurman / Bloomberg:
Apple is at the center of an escalating US-China geopolitical fight spanning tariffs, regulatory probes, and a backlash caused by anti-US rhetoric in China
Cecilia D'Anastasio / Bloomberg:
Roblox reports Q4 revenue up 32% YoY to $988.2M, bookings up 21% YoY to $1.36B, vs. $1.37B est., and DAUs up 19% YoY to 85.3M, vs. 88.4M est.; RBLX falls 15%+
Emma Roth / The Verge:
OpenAI opens ChatGPT search to users who are not logged in, after launching it to paying subscribers in October 2024 and logged-in users in December 2024
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