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The ASP of high-end AI chips from Nvidia and others is ~5x more than that of conventional memory chips, resulting in a winner-takes-all trend in the chip sector (June Yoon/Financial Times)

The ASP of high-end AI chips from Nvidia and other...

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Sources: Thrive Capital is in talks to invest ~$1B in analytics software maker Databricks at a ~$55B valuation; PitchBook: DataBricks has raised $4B+ so far (Bloomberg)

Sources: Thrive Capital is in talks to invest ~$1B...

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Australia plans to enact laws imposing a "digital duty of care" on big tech, which would make companies liable for citizens' safety online (Nicole Hegarty/ABC)

Australia plans to enact laws imposing a "digital ...

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Google says real-time protections against scam calls and malicious apps are rolling out on Pixel 6 or newer devices and coming soon to more Android phones (Abner Li/9to5Google)

Google says real-time protections against scam cal...

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UK consumer rights group Which? launches a legal claim against Apple, seeking £3B in compensation, alleging that Apple locked ~40M UK users into iCloud services (Natasha Lomas/TechCrunch)

UK consumer rights group Which? launches a legal c...

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Polymarket says the FBI seized CEO Shayne Coplan's phone and electronics; source: the DOJ is investigating Polymarket for allegedly accepting bets from US users (Bloomberg)

Polymarket says the FBI seized CEO Shayne Coplan's...

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FBI and CISA: Chinese hackers breached multiple US telecom companies, compromising the "private communications" of US officials and stealing customer call data (Sergiu Gatlan/BleepingComputer)

FBI and CISA: Chinese hackers breached multiple US...

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Spotify plans to pay incentives to video creators who hit certain viewing thresholds and, in January, to let Premium subscribers view podcast videos without ads (Anne Steele/Wall Street Journal)

Spotify plans to pay incentives to video creators ...

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DeepL, which was valued at $2B in May 2024, debuts DeepL Voice to give users real-time text translations of others speaking in one of 13 different languages (Ingrid Lunden/TechCrunch)

DeepL, which was valued at $2B in May 2024, debuts...

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Cisco reports Q1 revenue down 6% YoY to $13.8B, vs. $13.77B estimated, net income down 25% to $2.7B, and forecasts Q2 revenue above estimates (Ian King/Bloomberg)

Cisco reports Q1 revenue down 6% YoY to $13.8B, vs...

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Google announces new features for the Fitbit Ace LTE, its smartwatch for kids, including family group chats, messaging for siblings, and a new mini-game (Lauren Forristal/TechCrunch)

Google announces new features for the Fitbit Ace L...

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Sources: OpenAI plans to launch a new AI agent codenamed Operator, which can use a computer to take actions on a person's behalf, in January (Bloomberg)

Sources: OpenAI plans to launch a new AI agent cod...

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Source: the FBI seized Polymarket CEO Shayne Coplan's phone and electronics early Wednesday morning (Taylor Herzlich/New York Post)

Source: the FBI seized Polymarket CEO Shayne Copla...

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AMD says it will lay off ~4% of its global staff to align "resources with our largest growth opportunities"; SEC filing: AMD had 26,000 employees at 2023's end (Ramish Zafar/Wccftech)

AMD says it will lay off ~4% of its global staff t...

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Zero Gravity Labs, which is building a decentralized AI operating system, raised a $40M seed round and says it secured a $250M "token purchase commitment" (Jamie Crawley/CoinDesk)

Zero Gravity Labs, which is building a decentraliz...

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Docs and sources: Amazon has discontinued a secretive effort to develop an at-home fertility tracker, which was part of its moonshot incubator Grand Challenge (Annie Palmer/CNBC)

Docs and sources: Amazon has discontinued a secret...

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AMD says it will lay off approximately 4% of its global staff; the company had 26,000 employees at the end of last year, according to an SEC filing (Kif Leswing/CNBC)

AMD says it will lay off approximately 4% of its g...

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Sources: Meta plans to launch ads on Threads in early 2025; Meta's public statements imply any ad rollout for Threads next year will be slow (The Information)

Sources: Meta plans to launch ads on Threads in ea...

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