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US labor experts and economists warn US unemployment benefits are unlikely to protect against AI job losses, and the GOP-led Congress is doing little to prepare (New York Times)

US labor experts and economists warn US unemployme...

1 month ago 12 Add to circle

Samsung reaches a $1T valuation, making it only the second Asian company after TSMC to hit the mark, after its stock rose 4x+ over the past year on the AI boom (Sangmi Cha/Bloomberg)

Samsung reaches a $1T valuation, making it only th...

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Sources: the WH is mulling EOs to address security risks from advanced AI, including barring companies from "interfering" with the government's use of models (Politico)

Sources: the WH is mulling EOs to address security...

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Doc and sources: Google is testing an agent in the Gemini app, internally named Remy, that can integrate with Google services to take actions on a user's behalf (Hugh Langley/Business Insider)

Doc and sources: Google is testing an agent in the...

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Astrocade, which lets users create video games using natural language prompts, raised $56M, including a Series A and a Series B, and says it has ~5M MAUs (Allie Garfinkle/Fortune)

Astrocade, which lets users create video games usi...

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Sources: Meta is building an OpenClaw-inspired agent internally called Hatch, to be powered by its Muse Spark model, and an agentic shopping tool in Instagram (Jyoti Mann/The Information)

Sources: Meta is building an OpenClaw-inspired age...

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Sources: Alphabet sold its biggest-ever euro-denominated bonds, raising €9B, and its first Canadian dollar notes, raising CA$8.5B, months after raising $20B (Bloomberg)

Sources: Alphabet sold its biggest-ever euro-denom...

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Kaspersky says Daemon Tools, a widely used app for mounting disk images, has been backdoored in a monthlong compromise that has pushed malicious updates (Dan Goodin/Ars Technica)

Kaspersky says Daemon Tools, a widely used app for...

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EA reports Q4 net bookings up 3.6% YoY to $1.86B, vs. $2B est., weighed down by a post-launch drop-off in engagement for Battlefield 6 (Anhata Rooprai/Reuters)

EA reports Q4 net bookings up 3.6% YoY to $1.86B, ...

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GlobalFoundries reports Q1 revenue up 3% YoY to $1.63B, in line with est., and forecasts Q2 revenue and adjusted earnings above estimates; GFS closes up 9.28% (Patrick Seitz/Investor's Business Daily)

GlobalFoundries reports Q1 revenue up 3% YoY to $1...

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Micron closes up 11% after announcing its highest-capacity SSD has started to ship, lifting its market cap past $700B for the first time; Sandisk closes up 12% (Lola Murti/CNBC)

Micron closes up 11% after announcing its highest-...

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A US court sentences a Latvian national to 8.5 years for acting as a negotiator for Russia's Karakurt ransomware group (Sergiu Gatlan/BleepingComputer)

A US court sentences a Latvian national to 8.5 yea...

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Super Micro reports Q3 revenue up 123% YoY to $10.24B, vs. $12.33B est., forecasts Q4 revenue and adjusted profit above estimates; SMCI jumps 17%+ after hours (Juby Babu/Reuters)

Super Micro reports Q3 revenue up 123% YoY to $10....

1 month ago 7 Add to circle

Match Group reports Q1 revenue up 4% YoY to $864M, vs. $855M est., as Tinder's new user registrations grew for the first time since 2024, up 1% (Samantha Kelly/Bloomberg)

Match Group reports Q1 revenue up 4% YoY to $864M,...

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Source: Anthropic plans to spend about $200B on Google's cloud and chips over five years, representing 40%+ of the "revenue backlog" Google disclosed last week (The Information)

Source: Anthropic plans to spend about $200B on Go...

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Apple reaches a $250M settlement in a CA federal court to resolve a false advertising class action lawsuit over the launch of a "personalized" Siri in 2024 (Michael Acton/Financial Times)

Apple reaches a $250M settlement in a CA federal c...

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AMD reports Q1 revenue up 38% YoY to $10.25B, Data Center revenue up 57% to $5.8B, and forecasts Q2 revenue above estimates, as AI chip demand stays strong (Zaheer Kachwala/Reuters)

AMD reports Q1 revenue up 38% YoY to $10.25B, Data...

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Xbox CEO Asha Sharma says Xbox "will begin winding down Copilot on mobile and will stop development of Copilot on console" as part of a strategic shift (Jay Peters/The Verge)

Xbox CEO Asha Sharma says Xbox "will begin winding...

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