Posts

Sam Altman says "we added one million users in the last hour", following last week's Images for ChatGPT launch; over the weekend he said "our GPUs are melting" (Kylie Robison/The Verge)

How JioHotstar became India's most popular streamer, with 100M subscribers paying less than $1/month on average, via a freemium model, micro dramas, and more (Lucas Shaw/Bloomberg)

Apple releases iOS 18.4 with Priority notifications for Apple Intelligence, which gets support for eight more languages, Ambient Music via Control Center, more (Juli Clover/MacRumors)

Global foldable smartphone shipments increased by just 2.9% YoY in 2024, and shipments are expected to decline by about 4% YoY in 2025 (Counterpoint Research)

Many LinkedIn users put part-time job-level effort to maintain their pages; LinkedIn: 85% of FTSE 100 CEOs have a presence on the platform, up from 12% in 2023 (Bethan Staton/Financial Times)

Apple's current enterprise offerings are built for single machines and have complex virtualization rules, saddling high-end users with inefficient remote setups (Ernie Smith/Tedium)

Ethereum is struggling to keep the interest of investors and developers, having fallen out of step in an industry transformed by the embrace of Donald Trump (Bloomberg)

Uber and DoorDash are pressing GOP lawmakers to include independent contractors who drive rideshare vehicles and deliver food in Trump's no-tax-on-tips proposal (Richard Rubin/Wall Street Journal)

A look at drone delivery startup Zipline, which has raised $500M+, made 1.4M+ deliveries in seven countries, and delivers packages for Walmart in two US cities (Christopher Mims/Wall Street Journal)

Kalshi sues Nevada's gaming regulators to keep offering event contracts to bet on sports and politics, citing federal regulation by the US CFTC (Robert Burnson/Bloomberg)

A look at AI-generated fake movie trailers on YouTube; WBD, Paramount, and Sony have earned ad revenue from some videos instead of defending their copyright (Jake Kanter/Deadline)

Google will pay $100M in cash to settle a 2011 lawsuit accusing the company of charging for clicks on ads outside the geographic areas the advertisers targeted (Jonathan Stempel/Reuters)

The US FDIC says banks can engage in cryptocurrency and other legally permitted activities without prior regulatory approval if they manage risks appropriately (Pete Schroeder/Reuters)

CoreWeave opens down 2.5% at $39 in its Nasdaq debut; CoreWeave's offering is the largest US IPO since UiPath's NYSE debut in 2021 (Jordan Novet/CNBC)

US chipmaker Wolfspeed's shares fell ~50% on Friday, hitting their lowest since 1998, a day after it appointed a new CEO, amid worries about CHIPS Act funding (Kritika Lamba/Reuters)

Amazon partners with Electronic Arts to bring EA games like Star Wars Jedi: Survivor to cloud gaming service Amazon Luna, which is now available in 14 countries (Dean Takahashi/VentureBeat)

Anthropic says it created a new tool for deciphering how LLMs "think" and used it to resolve some key questions about how Claude and probably other LLMs work (Jeremy Kahn/Fortune)

Sam Altman says "our GPUs are melting" due to ChatGPT's viral image generation and OpenAI plans to temporarily introduce some rate limits (Chris Welch/The Verge)

Ubisoft carves out a unit, which includes Assassin's Creed, into a ~€4B subsidiary; Tencent will invest €1.16B to acquire a 25% stake in the new entity (Bloomberg)

Nintendo Music expands its library with songs from Kirby and the Forgotten Land and Tetris

YouTube says Shorts views will now be counted each time a video starts to play or replay, rather than only after being watched for a certain number of seconds (Aisha Malik/TechCrunch)

Starboard Value nominates three directors including its CEO, Jeff Smith, to Autodesk's board, rekindling its proxy battle with Autodesk over margin concerns (Arsheeya Bajwa/Reuters)

Leaked financial figures: Stripe doubled its free cash flow in 2024 to about $2.2B and grew revenues by about 28% to $5.1B; Chime grew revenues by 31% to $1.7B (Cory Weinberg/The Information)

Nexthop AI launches with $110M in seed and Series A funding led by Lightspeed Ventures, offering hardware and software for cloud AI infrastructure (Kyt Dotson/SiliconANGLE)

The Arc Prize Foundation says its new ARC-AGI-2 test stumps most AI models; humans get 60% of the questions right but GPT-4.5 and Claude 3.7 Sonnet score ~1% (Maxwell Zeff/TechCrunch)

Meta rolls out a pilot program on Instagram designed to let US schools flag any potentially rule-violating post or account for prioritized review (Emma Roth/The Verge)