Snap shares rise on fourth-quarter earnings that beat on sales

Snap released on Wednesday its fourth-quarter earnings that beat on sales but missed on revenue guidance.

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Qualcomm stock sinks as memory shortage drags on forecast

“We’re starting to see that memory is going to define the size of the mobile market,” Qualcomm CEO Cristiano Amon said in an interview.

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Elon Musk’s SpaceX company town is getting a police department

The new department will have up to eight police officers and could be up and running in a few months.

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Meet Gizmo: a TikTok for interactive, vibe-coded mini apps

Gizmo’s app is like a TikTok for vibe-coded mini apps…and it’s a lot of fun.

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Amazon CEO Andy Jassy picks marketplace exec to be his new ‘shadow’ advisor

Jassy was Jeff Bezos’ shadow in the early 2000s before going on to lead Amazon Web Services.

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A16z just raised $1.7B for AI infrastructure. Here’s where it’s going.

Andreessen Horowitz just raised a whopping ⁠new $15 billion in funding⁠. And a $1.7 billion chunk of that is going to its ⁠infrastructure team⁠, the one responsible for some of its biggest, most prominent AI investments including Black Forrest Labs, Cursor, OpenAI, ⁠ElevenLabs⁠, Ideogram, ⁠Fal⁠ and dozens of others.   A16z ⁠general partner with the infra team Jennifer Li⁠ (who oversees such investments as ElevenLabs – just valued at $11 billion); Ideagram and Fal, has a clear thesis on where the team is looking […]

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A New AI Math Startup Just Cracked 4 Previously Unsolved Problems

Axiom says its AI found solutions to several long-standing math problems, a sign of the technology’s steadily advancing reasoning capabilities.

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OpenAI models could help power Alexa as part of Amazon investment deal

The collaboration is being discussed as part of Amazon’s ongoing talks to invest up to $50 billion in OpenAI, according to a source familiar.

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Jim Cramer says the software sell-off creates opportunities in stocks outside of tech

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.

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Restructuring in the AI Era: Washington Post Cuts One-Third of Its Workforce

The Washington Post begins sweeping layoffs as it restructures around subscriptions, events, and AI tools to adapt to a rapidly changing media landscape.
The post Restructuring in the AI Era: Washington Post Cuts One-Third of Its Workforce appeared first on TechRepublic.

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