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February 6, 2025, 8:00 PM
Mediagazer memeorandum WeSmirch
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Top News

Amazon.com, Inc.:
Amazon reports Q4 revenue up 10% YoY to $187.8B, vs. $187.3B est., a $20B net income, vs. $10.6B in Q4 2023, a $21.2B operating income, vs. $13.2B in Q4 2023  —  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, on what Andy Jassy calls a “once-in-a-lifetime” opportunity
Natalie Andrews / Wall Street Journal:
US lawmakers introduce a bipartisan bill that would ban DeepSeek's app from government-owned devices, amid concerns that the app allows China to see user data  —  Bipartisan bill comes amid concerns that the application allows China to see user data  —  WASHINGTON—Lawmakers plan to introduce …
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
Jess Weatherbed / The Verge:
Google Photos starts adding its SynthID watermarks to photos that have been edited using Magic Editor, but says some changes may be too small to detect  —  But Google admits that some generative AI adjustments may be ‘too small’ for SynthID to detect.  —  But Google admits …
Romain Dillet / TechCrunch:
Mistral releases iOS and Android apps and unveils several updates to its AI assistant Le Chat, including a $14.99 per month Pro tier  —  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.
Katherine Long / Wall Street Journal:
DOGE staffer Marko Elez resigns after being linked to racist posts on X; he was embedded in the US Treasury and previously worked at SpaceX, Starlink, 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 data from across the Education Department with AI tools in Microsoft's Azure to look for potential spending cuts
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  —  OpenAI is making its AI search engine more accessible.  —  OpenAI is making its AI search engine more accessible.
Maxwell Zeff / TechCrunch:
Stanford and University of Washington AI researchers claim they trained AI reasoning model s1, distilled from a Gemini 2.0 model, for under $50 in cloud compute  —  AI researchers at Stanford and the University of Washington were able to train an AI “reasoning” model for under $50 in cloud compute credits …
Paul Sawers / TechCrunch:
GitHub announces updates for Copilot, including Vision for Copilot to generate interfaces, code, and alt text from a screenshot, photo, or a diagram  —  GitHub has announced a slew of updates for Copilot, while also giving a glimpse into a more agentic future for its AI-powered pair programmer.
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%+  —  - Roblox had 85.3 million daily active users in fourth quarter  — The company's quarterly bookings reached $1.36 billion
Stephanie Hughes / Bloomberg:
Payments software company Lightspeed says it plans to continue operating as a publicly traded company and will buy back up to $400M of stock; LSPD falls 15%+  —  - Board of directors ‘unanimously’ agreed not to go private  — Shares slide 16% after company announces results of review
More: BetaKit.  Bluesky: @sheepmachine

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From Mediagazer

Todd Spangler / Variety:
Sources: Disney is laying off several hundred employees globally across multiple teams, including TV and film

Brooks Barnes / New York Times:
Disney's live-action Lilo & Stitch grossed $610M globally in just 10 days, and could reach $950M; the film cost $100M and may make $300M+ in box office profit

Max Tani / Semafor:
Sources: in May 2024, Business Insider sent some staff a recommended reading list that included seemingly AI-generated books that did not appear to exist

More News

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
Jagmeet Singh / TechCrunch:
TrueFoundry, which helps enterprises deploy AI systems at scale, raised $19M led by Intel Capital, taking its total funding to $21M+, and claims 30 customers

Earlier Picks

Henry Stockdale / UploadVR:
Interviews with nearly two dozen VR studios on shipping games on Quest, Meta's increased focus on Horizon Worlds, concerns over declining game sales, and more
Politico:
The Senate Commerce Committee approves the Kids Off Social Media Act to ban under-13s from social media, clearing the way for consideration by the full Senate
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