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JD.com's costly bid to challenge Meituan in food delivery, while the latter enters the e-commerce space, has led to a loss of ~$70B in combined market value (Charlotte Yang/Bloomberg)
2025-04-25 06:53 - https://www.techmeme.com/feed.xml
Baidu rolls out Ernie 4.5 Turbo and X1 Turbo, new versions of its flagship foundation and reasoning models, as it looks to take on Alibaba's Qwen and DeepSeek (Bloomberg)
2025-04-25 05:53 - https://www.techmeme.com/feed.xml
Adobe says Firefly users can now generate images using OpenAI's GPT, Google's Imagen 3 and Veo 2, and Flux 1.1 Pro, in addition to its own Firefly image models (Stephen Nellis/Reuters)
2025-04-25 05:53 - https://www.techmeme.com/feed.xml
Sources: Apple plans to move assembly of all US-sold iPhones, ~60M/year, to India by the end of 2026, as President Trump's trade war pushes a pivot from China (Financial Times)
2025-04-25 04:53 - https://www.techmeme.com/feed.xml
YouTube is testing a new AI Overviews carousel in its search results for queries focused on products and location information, for some US Premium subscribers (Danny Goodwin/Search Engine Land)
2025-04-25 03:53 - https://www.techmeme.com/feed.xml
Sources: the US is conducting a criminal antitrust probe into TP-Link's pricing strategies and whether the router maker represents a national security threat (Bloomberg)
2025-04-25 03:53 - https://www.techmeme.com/feed.xml
Source: Alphabet's Q1 profit was boosted by $8B in unrealized gains from an investment in SpaceX; Alphabet has been a major SpaceX investor since at least 2015 (Davey Alba/Bloomberg)
2025-04-25 01:52 - https://www.techmeme.com/feed.xml
Netflix rolls out subtitles with just spoken dialog, without audio cues or speaker names, and says ~50% of US viewing hours happen with subtitles or captions on (Emma Roth/The Verge)
2025-04-25 01:52 - https://www.techmeme.com/feed.xml
Facebook will reduce the reach of accounts sharing spammy content and make them ineligible for monetization, after Zuckerberg promised a return to "OG Facebook" (Aisha Malik/TechCrunch)
2025-04-25 00:52 - https://www.techmeme.com/feed.xml
The US Federal Reserve withdraws guidance requiring banks to seek regulatory approval before engaging in crypto-related activities, joining the FDIC and OCC (Pete Schroeder/Reuters)
2025-04-24 23:52 - https://www.techmeme.com/feed.xml
US v. Google: a Yahoo executive estimates that a bid for Chrome would cost tens of billions of dollars, and says Yahoo "would be able to pursue it with Apollo" (Leah Nylen/Bloomberg)
2025-04-24 23:52 - https://www.techmeme.com/feed.xml
Intel CEO Lip-Bu Tan announces changes, including an engineering refocus, reductions in unnecessary bureaucracy and workforce, and four-day-per-week RTO policy (Sean Hollister/The Verge)
2025-04-24 22:52 - https://www.techmeme.com/feed.xml
The EU Commission says it banned officials from meeting with lobbyists acting on Huawei's behalf, after the EU Parliament banned Huawei staff from its premises (Edith Hancock/Wall Street Journal)
2025-04-24 21:52 - https://www.techmeme.com/feed.xml
Ziff Davis sues OpenAI, alleging it used Ziff Davis' content to train AI models; sources say Ziff Davis is seeking at least hundreds of millions of dollars (Benjamin Mullin/New York Times)
2025-04-24 21:52 - https://www.techmeme.com/feed.xml
Meta lays off Reality Labs staffers, affecting Oculus Studios teams; sources: 100+ staff are affected, including those involved in Meta's hardware efforts (Bloomberg)
2025-04-24 20:51 - https://www.techmeme.com/feed.xml
Intel reports Q1 revenue flat YoY at $12.67B, vs. $12.3B est., forecasts Q2 revenue below est., and reduces its 2025 capex target; INTC drops 5%+ after hours (Reuters)
2025-04-24 21:52 - https://www.techmeme.com/feed.xml
Alphabet reports Google Cloud Q1 revenue up 28% YoY to $12.26B, vs. $12.27B est., and says AI Overviews now has 1.5B users per month, up from 1B in October (Jennifer Elias/CNBC)
2025-04-24 20:51 - https://www.techmeme.com/feed.xml
Sources: Adam Neumann's real estate startup Flow raised more than $100M from investors including a16z in a round that more than doubles its valuation to ~$2.5B (Sonali Basak/Bloomberg)
2025-04-24 20:51 - https://www.techmeme.com/feed.xml
Alphabet says it surpassed 270M paid subscriptions, driven by YouTube and Google One, and reports YouTube Q1 ad revenue up 10.3% YoY to $8.93B, vs. $8.97B est. (Todd Spangler/Variety)
2025-04-24 20:51 - https://www.techmeme.com/feed.xml
Sources: Apple plans to relocate its secret robotics team from John Giannandrea's AI unit and place it under SVP John Ternus, who oversees hardware engineering (Mark Gurman/Bloomberg)
2025-04-24 20:52 - https://www.techmeme.com/feed.xml
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