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t.co
Niantic's $3.5B deal gives Scopely, acquired by Saudi-owned Savvy Games Group in 2023 for $4.9B, a total audience of 500M+ players, driven by Monopoly Go!
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t.co
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30 days ago
Amazon, Google, and Meta join a World Nuclear Association statement, alongside Occidental, Dow, and others, to triple capacity by 2050; Microsoft didn't sign
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t.co
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30 days ago
Google
Amazon
Microsoft
After Palantir's stock jumped 350%+ in 2024, founder Alex Karp has sold $1.9B in shares since January 2024; VerityData says his PLTR holdings are worth $12.8B
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t.co
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30 days ago
Spotify says it paid $10B+ in royalties in 2024, “the largest in music history”, making up 60%+ of its $17.13B+ 2024 revenue, with ~1,500 artists earning $1M+
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t.co
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30 days ago
Spotify
Lego CEO Niels Christiansen says the toymaker plans to make video games in-house, after 2024 revenue rose 13% YoY to ~$10B; its Fortnite tie-up has 87M players
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t.co
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2025-3-11
A look at Amazon's growing array of warehouse robots, from robotic arms to heavy lift units and sorting machines; Amazon Robotics has rolled out 750K+ devices
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t.co
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2025-3-11
Amazon
Robot
Meituan, Ele.me, and other Chinese food delivery companies plan to offer social security benefits to riders after JD's February move, amid government pressure
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t.co
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2025-3-11
China
Cerebras, Groq, and Big Tech target AI inference to challenge Nvidia; Barclays sees inference capex surpassing training in two years, reaching $208.2B in 2026
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t.co
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2025-3-11
AI
Nvidia
Stripe, Revolut, and other banks and fintechs rush to launch stablecoins; there are ~$210B in stablecoins issued globally, including Tether printing $142B
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t.co
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2025-3-10
Asset managers and investors say wealthy Chinese investors are using SPVs to quietly funnel tens of millions of dollars into Musk's xAI, Neuralink, and SpaceX
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t.co
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2025-3-10
China
Asset
SpaceX
Revolut and Visa file challenges against UK's Payment Systems Regulator, say it overstepped its powers with a plan to cap international digital transaction fees
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t.co
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2025-3-8
Europe is in talks with SES, Viasat, and others as it rushes to provide Ukraine with alternatives to Starlink, whose service became patchy near the frontline
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t.co
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2025-3-8
Europe
Ukraine
Trump's Strategic Bitcoin Reserve, which will hold only assets that have been forfeited, disappoints traders who hoped the government would begin buying bitcoin
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t.co
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2025-3-8
Trump
Bitcoin
Asset
Analysis: the $TRUMP memecoin generated $314M from token sales and $36M in fees within three weeks of launch, likely raising conflict of interest concerns
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t.co
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2025-3-7
Trump
Sources: Meta plans to add improved voice features in Llama 4, expected in weeks, betting that future AI agents will be conversational rather than text-led
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t.co
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2025-3-7
AI
Sources: longtime Elon Musk ally Michael Grimes is leading a shake-up of the Chips Program Office, which administers billions in semiconductor subsidies
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t.co
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2025-3-7
Elon Musk
Taiwan's government says it will assist with TSMC's $100B investment in the US, but also do “gatekeeping” to keep the most advanced tech in Taiwan
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t.co
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2025-3-5
Taiwan
Sources: Apple filed a complaint to the Investigatory Powers Tribunal over the UK's demand for a backdoor to read encrypted data of users, even non-UK citizens
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t.co
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2025-3-5
Apple
Builder.ai CEO Sachin Dev Duggal says he is stepping down from the London-based startup, which has raised $450M to use AI to develop apps and websites
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t.co
)
2025-3-4
Startup
AI
London
New York-based corporate payments startup Ramp hit a $13B valuation in a $150M share sale to GIC, Stripes, Thrive, and others, up from $7.65B in April 2024
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t.co
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2025-3-3
Startup
New York
Guggenheim Partners CEO Mark Walter and ex-Legendary Entertainment owner Thomas Tull launch TWG Global to invest in AI, sources say with nearly $40B in assets
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t.co
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2025-3-3
AI
Asset
Singapore charges three men in a case suspected to involve Nvidia chip sales that breach US export controls, after a tip-off the chips were exported to Malaysia
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t.co
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2025-3-3
Singapore
Malaysia
Nvidia
DeepSeek, OpenAI, and others building smaller, powerful models quickly and cheaply using “distillation” raises questions about LLMs' first-mover advantage
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t.co
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2025-3-2
Despite breakthroughs from Amazon and Microsoft, quantum computing is far from its silicon moment, with no consensus on the best way to build practical qubits
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t.co
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2025-3-2
Amazon
Microsoft
Quantum
China replaces tech minister Jin Zhuanglong, a key figure in its push to become a tech superpower, with Li Lecheng; sources: Jin faced a graft-related probe
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t.co
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2025-3-1
China
DeepSeek has sparked a nationwide push in China to deploy its LLMs everywhere from hospitals to local governments as Beijing seeks to solidify its gains in AI
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t.co
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2025-2-27
China
AI
Apple to invest $160M in Indonesia to help resume iPhone 16 sales, with Luxshare committing $150M for a factory to produce about 65% of global AirTag supply
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t.co
)
2025-2-27
iPhone
Apple
Indonesia
Estonia partners with OpenAI and Anthropic to launch an AI skills drive in schools for 20,000 students aged 16 and 17, aiming to help develop critical thinking
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t.co
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2025-2-26
AI
Survey: 92% of UK undergrad students use AI to help them with their studies, up from 66% a year ago, raising questions about how universities assess their work
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t.co
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2025-2-26
AI
Analysts expect Amazon to spend up to $25B of its $100B capex in 2025 on its retail network, focusing on automation and efficiency, amid the AI spending boom
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t.co
)
2025-2-26
Amazon
Retail
AI
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