Category Archives: Tech

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Zuckerberg says Meta won’t slow down AI spend despite DeepSeek’s breakthrough

Meta CEO Mark Zuckerberg said China-based DeepSeek has created a powerful artificial intelligence model, but it won’t likely curb Meta’s AI spending.

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SoftBank in talks to invest as much as $25B in OpenAI, report says

SoftBank is in talks to invest up to $25 billion in OpenAI as part of a broader partnership that could see the Japanese conglomerate spend more than $40 billion on AI initiatives with the Microsoft-backed startup, according to Financial Times. … Continue reading

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Tesla’s CFO says tariffs would ‘have an impact’ on company’s profitability

Tesla’s finance chief said on Wednesday that the company’s profitability could take a hit if the new presidential administration implements tariffs. 

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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.

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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.

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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.

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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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