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Category Archives: Tech
Meta says end of fact-checking hasn’t impacted ad spend
Meta says its controversial decision to put an end to its fact-checking program hasn’t impacted advertiser spend. On its Q4 2024 call, Meta CFO Susan Li assured investors that advertiser demand remains strong and the company’s commitment to brand safety … Continue reading
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Mark Zuckerberg starts Meta earnings call by praising Trump administration
Meta CEO Mark Zuckerberg praised the Trump administration during a call with investors on Wednesday.
Zuck shrugs off DeepSeek, vows to spend hundreds of billions on AI
Meta is doubling down on AI spending despite markets briefly panicking over concerns DeepSeek will reduce AI demand. © 2024 TechCrunch. All rights reserved. For personal use only.
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LinkedIn passes $2B in premium revenue in 12 months, with overall revenue up 9% on the year
LinkedIn, the social platform where people look for and talk about work, may be less visible in Microsoft’s earnings compared to the years when it was an independent company. But around earnings time, LinkedIn often reveals some figures that point … Continue reading
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Meta’s Reality Labs posts $5 billion loss in fourth quarter
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter.
UK’s first smartphone video call via satellite made from Welsh mountain
Vodafone says the tech could lead to the elimination of “not spots”, which cover an estimated 9% of the UK.
Elon Musk claims Tesla will launch a self-driving service in Austin in June
Tesla CEO Elon Musk said Wednesday that his company will launch a paid ride-hailing robotaxi service in Austin, Texas this coming June, the latest in a long line of sky-high promises he has yet to meet about autonomy. Musk was … Continue reading
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Threads adds another 20M monthly users since December, reaching 320M
Threads, Meta’s microblogging service, is growing at a fast pace as users gravitate to the app over rivals like X. During the company’s fourth-quarter earnings presentation on Wednesday, CEO Mark Zuckerberg revealed that Threads now has 320 million monthly active … Continue reading
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IBM shares rise 8% on earnings beat
In a statement, IBM CEO Arvind Krishna said the company has recorded $5 billion in bookings for its generative AI business.
Microsoft brings a DeepSeek model to its cloud
Microsoft’s close partner and collaborator, OpenAI, might be suggesting that DeepSeek stole its IP and violated its terms of service. But Microsoft still wants DeepSeek’s shiny new models on its cloud platform. Microsoft today announced that R1, DeepSeek’s so-called reasoning … Continue reading