Elon Musk skipped a hearing in Philly about his super PAC’s payouts to voters

A Philadelphia judge ordered X CEO Elon Musk to appear in a hearing Thursday morning over his super PAC’s plan to award $1 million a day to voters in key battleground states. But Musk skipped his courthouse appointment after the same judge granted a request to transfer the case from Pennsylvania state to federal jurisdiction. […]
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Snapchat most-used app for grooming, says NSPCC

The children’s charity says the police data shows people are “still waiting” for social media to be made safe,

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Apple’s services unit is now a $100 billion a year juggernaut after ‘phenomenal’ growth

Apple’s services business has become a critical part of the company’s appeal to Wall Street over the past decade.

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Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%

Amazon CEO Andy Jassy reassured shareholders that the company expects to make money on its generative AI investments.

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TechCrunch Space: Disrupt 2024 wrap-up

Hello, and welcome back to TechCrunch Space. TechCrunch Disrupt 2024 is a wrap, and I’m more than thrilled by the amazing space industry programming we had on offer this year. We covered everything from building a dual-use business to orbital re-entry, we caught up with Rocket Lab’s Peter Beck, and heard about the ground station […]
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Amazon CEO Andy Jassy hints at an ‘agentic’ Alexa

Amazon CEO Andy Jassy today hinted at an improved, “agentic” version of the company’s Alexa assistant — one that could take actions on a user’s behalf. “I think that the next generation of these assistants and generative AI applications will be better at not just answering questions and summarizing, indexing, and aggregating data, but also […]
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Amazon’s cloud unit records highest profit margin in at least a decade

Amazon Web Services delivered an operating margin of over 38%, the highest since at least 2014.

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US drone maker Skydio faces battery squeeze after Chinese sanctions

America’s supply chain vulnerabilities were on full display Thursday after drone manufacturer Skydio told customers it was facing a battery squeeze after being hit with sanctions from China.  “This is an attempt to eliminate the leading American drone company and deepen the world’s dependence on Chinese drone suppliers,” Skydio CEO Adam Bry said in a […]
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Decart’s AI simulates a real-time, playable version of Minecraft

Decart, an Israeli AI company that emerged from stealth today with $21 million in funding from Sequoia and Oren Zeev, has released what it’s claiming is the first playable “open-world” AI model. Called Oasis, the model, which is available for download, powers a demo on Decart’s site: a Minecraft-like game that’s generated on the fly, […]
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Amazon’s advertising business grew 19% in the third quarter

Amazon’s online advertising business jumped 19% year over year to $14.3 billion in the third quarter.

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