U.S. prosecutors are seeking to block the deal citing antitrust concerns.
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Thursday, January 30, 2025
How DeepSeek changed Silicon Valley’s AI landscape
Chinese AI lab DeepSeek provoked the first Silicon Valley freak-out of 2025 after releasing open versions of AI models that compete with the best technology OpenAI, Meta, and Google have to offer. DeepSeek claims to have built its models highly efficiently and quickly, and is providing these models at a fraction of the price American […]
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Data center operator DataBank nets $250M equity investment
The data center market is booming, driven by AI demand. Just last week, OpenAI said that it plans to team up with backers including SoftBank to spend at least $100 billion on data center infrastructure in the U.S. Microsoft aims to put around $80 billion toward AI infrastructure this year, and rival tech giants have […]
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International police coalition takes down two prolific cybercrime and hacking forums
Authorities said the two forums — Cracked and Nulled — had more than 10 million users.
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Amazon hikes prices for its Music Unlimited subscriptions
Amazon is the latest company to announce a price hike for its music streaming subscriptions. The company revealed this week that the price of an Amazon Music Unlimited Individual plan for Prime members is going from $9.99 per month to $10.99. As for subscribers without a Prime membership, the price of their subscription is going […]
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Wednesday, January 29, 2025
European embedded banking startup Swan adds another $44 million to its Series B
French startup Swan has raised another €42 million (around $44 million at current exchange rates). The company considers this round as the second part of the Series B round that was originally announced in September 2024. Swan helps other companies offer financial products at scale. The company can generate both virtual and physical cards that […]
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SoftBank in talks to invest as much as $25B in OpenAI, report says
SoftBank is in talks to invest up to $25 billion in OpenAI as part of a broader partnership that could see the Japanese conglomerate spend more than $40 billion on AI initiatives with the Microsoft-backed startup, according to Financial Times. The potential investment would make SoftBank OpenAI’s largest single backer, the report said, surpassing Microsoft, […]
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Meta says end of fact-checking hasn’t impacted ad spend
Meta says its controversial decision to put an end to its fact-checking program hasn’t impacted advertiser spend. On its Q4 2024 call, Meta CFO Susan Li assured investors that advertiser demand remains strong and the company’s commitment to brand safety remains unchanged, despite the new measures. Meanwhile, CEO Mark Zuckerberg noted that the community notes […]
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Zuck shrugs off DeepSeek, vows to spend hundreds of billions on AI
Meta is doubling down on AI spending despite markets briefly panicking over concerns DeepSeek will reduce AI demand.
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LinkedIn passes $2B in premium revenues in 12 months, with overall revenues up 9% on the year
LinkedIn, the social platform where people look for and talk about work, may be less visible in Microsoft’s earnings compared to the years when it was an independent company. But around earnings time, LinkedIn often reveals some figures that point to how it continues to grow. On Wednesday, as Microsoft reported its Q2 numbers, the […]
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Elon Musk claims Tesla will launch a self-driving service in Austin in June
Tesla CEO Elon Musk said Wednesday that his company will launch a paid ride-hailing robotaxi service in Austin, Texas this coming June, the latest in a long line of sky-high promises he has yet to meet about autonomy. Musk was unsurprisingly light on details. He said that there will be no people in the cars, […]
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Threads adds another 20M monthly users since December, reaching 320M
Threads, Meta’s microblogging service, is growing at a fast pace as users gravitate to the app over rivals like X. During the company’s fourth-quarter earnings presentation on Wednesday, CEO Mark Zuckerberg revealed that Threads now has 320 million monthly active users (MAUs), up from 300 million last month. The app had 275 million monthly active […]
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Hackers are hijacking WordPress sites to push Windows and Mac malware
A cybersecurity company says hackers are pushing Mac and Windows malware through sites that are using outdated versions of WordPress.
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Health insurance startup Alan keeps growing at a rapid pace
With its 700,000 customers, Alan could be considered as a mature company. But the health insurance company that wants to become a digital companion for your health is still growing like a startup. On Wednesday, the company shared some financial metrics. The most impressive one is its top-line revenue. In 2024, the company generated €505 […]
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Netflix adds a convenient feature for iOS users to download an entire TV season at once
Netflix announced on Wednesday that it’s giving iOS users a new feature that allows them to download an entire season of their favorite TV show with one tap. The feature first became available to Android users. The Season Download button is available in the Netflix app, located next to the Share button on a show’s […]
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