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Sources: the EU will impose minimal fines on Apple and Meta next week, far below the DMA's 10% of global turnover cap, to avoid tensions with President Trump
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www.ft.com
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2 days ago
Trump
Apple
AI startup Synthesia says it's creating a $1M stock pool to pay actors with equity for the use of their likeness, a first for the AI industry
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www.ft.com
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5 days ago
Startup
AI
Equity
Malaysia plans to tighten chip rules, says Washington demanded it track high-end Nvidia chips entering the country, suspecting many are ending up in China
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6 days ago
China
Malaysia
Nvidia
Annual meeting: Samsung co-CEO Han Jong-hee says the company will pursue “meaningful” M&A deals in 2025 and apologizes to investors for weak stock performance
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www.ft.com
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11 days ago
Samsung
Sources: US Commerce Secretary Howard Lutnick urged civil servants in charge of the $42B rural broadband program to increase the project's use of Starlink
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www.ft.com
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12 days ago
Anthropic Chief Product Officer Mike Krieger says the company is preparing enterprise features and discussing voice product launches with “a bunch of partners”
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12 days ago
Ofcom will enforce rules under the UK's Online Safety Act, designed to protect internet users from illegal content harmful activity online, starting March 17
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14 days ago
Current and former Meta employees describe how Joel Kaplan has risen over the past decade to become Mark Zuckerberg's most trusted political fixer
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14 days ago
Zuckerberg
Deliveroo reports FY 2024 revenue up 2% YoY to £2.08B and a £2.9M net profit, up from a £31.8M loss in 2023, its first annual profit, and plans a £100M buyback
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17 days ago
A look at UK fintechs Revolut and Monzo's push to expand in the US, where they face steep challenges in a complex regulatory environment and strong competition
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www.ft.com
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18 days ago
PitchBook: the AI frenzy has led to the fastest investment pace since 2021, with $30B+ invested into startups so far this quarter and $50B more in the works
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www.ft.com
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21 days ago
Startup
AI
Sources: Microsoft canceled some CoreWeave agreements over delivery issues and missed deadlines before its IPO; Microsoft made up 62% of CoreWeave's 2024 sales
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www.ft.com
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24 days ago
Microsoft
IPO
Turing winners Andrew Barto and Richard Sutton warn over unsafe AI deployment, saying releasing models “without safeguards is not good engineering practice”
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25 days ago
AI
Sources: Huawei has increased its AI chip yield to nearly 40%, up from 20% about a year ago, making its Ascend chips profitable for the first time
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2025-2-27
AI
Thoma Bravo closed a €1.8B fund for European software deals, after opening a London office in 2023; the US PE firm has deployed €14B in Europe since 2010
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2025-2-25
Europe
London
Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B
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2025-2-24
IPO
A look at Apple's quiet pivot to India, where Foxconn now makes the iPhone 16 Pro; sources say China views Apple's growing business in India with suspicion
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2025-2-18
China
India
iPhone
Apple
Surj, the sporting arm of Saudi Arabia's PIF, plans to invest $1B in DAZN and a new joint venture with the sports streamer; source: Surj will take a <5% stake
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2025-2-18
Arabia
Saudi Arabia
How Walmart's investment in tech, including an AI tool to plan worker shifts, helped it take on Amazon, with 18% of its ~$680B revenue in 2024 generated online
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2025-2-16
Amazon
AI
Walmart
Thoma Bravo stands to gain $4B+ from SailPoint's IPO, which is expected to value the company at $12B+; Thoma Bravo acquired SailPoint for $6.9B in April 2022
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2025-2-13
IPO
A look at the race to bring satellite-connected smartphones to a wider market, as estimates suggest that ~350M people lack access to mobile broadband coverage
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www.ft.com
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2025-2-10
Mobile
Macron announces that companies have agreed to invest €109B in AI projects in France in the coming years, saying it's France's equivalent to Stargate for the US
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2025-2-10
France
AI
UK orders Apple to give it access to encrypted cloud data
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2025-2-10
Cloud
Apple
Investors worry about EU satellite operators Eutelsat and SES amid soaring debt and rise of Starlink, which now has 6,000+ satellites and serves ~130 countries
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2025-2-8
Sources: China is looking at launching a formal probe into Intel; a source says whether such a probe is officially launched could depend on US-China relations
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2025-2-8
China
Intel
Netflix hopes its expansion into live programming boosts its nascent ad business; Bernstein estimates its two NFL games generated up to $180M in US advertising
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2025-2-5
Netflix
programming
Investor letter: Elliott Management warns the White House's embrace of crypto is helping fuel a speculative mania that could cause “havoc” when prices collapse
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2025-1-31
Mistral AI, seen as Europe's great hope for AI, is losing ground to US rivals and being overshadowed by DeepSeek; sources say its ARR is in the tens of millions
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2025-1-30
Europe
AI
OpenAI says it had seen some evidence that DeepSeek used “distillation” to train its open-source competitor by using outputs from OpenAI's proprietary models
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2025-1-29
US tech stocks fell sharply pre-market over DeepSeek concerns, with NVDA down 8%+ and META and MSFT down 3%; ASML fell 9%+; Japanese chip companies also dropped
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2025-1-27
Japan
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