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Author Archives: Techme101
Alphabet praises DeepSeek, but it’s massively ramping up its AI spending
Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 billion. © 2024 TechCrunch. All rights reserved. For personal use only.
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Sophos Acquires Secureworks for $859 Million
Sophos has completed its acquisition of managed cyber security services provider Secureworks.
Gartner: Samsung was the Top Semiconductor Vendor Globally in 2024
Samsung Electronics returned to number one partially on the strength of its memory device sales. Intel and NVIDIA followed in the rankings in spots two and three, respectively.
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Snap says TikTok uncertainty benefited its business
During Snap’s fourth-quarter earnings call on Tuesday, CEO Evan Spiegel said that the uncertainty surrounding TikTok’s future has positively affected its business. “We’re not trying to draw too many conclusions from some of the engagement lift we saw when [TikTok] … Continue reading
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A16z hires acquitted former Marine Daniel Penny as an investor
Powerhouse venture firm Andreessen Horowitz has hired Daniel Penny as an investor, its webpage confirms. Penny is the former Marine who was tried last year and found not guilty of criminally negligent homicide in the death of a homeless man … Continue reading
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Match appoints Zillow co-founder Spencer Rascoff as CEO
Match Group announced Zillow co-founder Spencer Rascoff as its new CEO in a release Tuesday.
Miist, founded by a 25-year-old, wants people to vape their way out of smoking addiction and migraines
As a university student, Dalton Signor was troubled by how many people around him smoked or vaped, including his grandmother and 14-year-old sister. Signor (pictured center) felt that existing smoking cessation medicines, whether patches, gums, or lozenges, are not very … Continue reading
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AMD reports profit beat, but misses on data center revenue
AMD reported better-than-expected results on Tuesday, but data center revenue trailed analysts’ estimates
Snap shares soar on better-than-expected profit and revenue
Snap reported better-than-expected fourth-quarter results Tuesday but issued earnings guidance that trailed estimates.
Alphabet expects to invest about $75 billion in capital expenditures in 2025
Alphabet CEO Sundar Pichai said the company plans to invest about $75 billion in capital expenditures in 2025 as it continues to innovate.