Sources: a TikTok US deal, which was largely finalized by April 2, was put on hold after China indicated it would reject the deal over President Trump's tariffs
A deal to spin off the U.S. assets of TikTok was put on hold after China indicated that it would not approve …
Trump says he signed an executive order to keep TikTok running for 75 more days, as “the deal requires more work to ensure all necessary approvals are signed”
It was already dubious as hell that Trump had just decreed that TikTok could carry on, but this deadline is explicitly in legislation with no mechanism for the President to extend ...
Sources: Apple TV+ is losing $1B+ annually even as its subscriptions grew to ~45M in 2024; source: Apple has spent $5B+ per year on content since its 2019 debut
Last year, Apple CEO Tim Cook had questions about several pricey movie deals executives of Apple TV+, the company's video-streaming service …
Microsoft reports Q2 revenue up 12% YoY to $69.6B, Microsoft 365 Commercial products and cloud services revenue up 15% YoY, and net income up 10% YoY to $24.1B
Microsoft Cloud and AI Strength Drives Second Quarter Results — REDMOND, Wash. — January 29, 2025 — Microsoft Corp. today announced …
TikTok says it will go dark in the US on Sunday unless the Biden admin provides a “definitive statement” to critical service providers assuring non-enforcement
TikTok said its services will go dark on Sunday without a guarantee from the Biden administration that it won't punish Apple …
Disney, Fox, and WBD say they have agreed to discontinue their Venu Sports streaming joint venture and will focus on existing products and distribution channels
Sigh. Streaming TV prices are going to get obscene in 2025. — www.theverge.com/2025/1/10/24... Mastodon: @SuffolkLITLab@esq.social : TL;DR: Venu Sports, the anticipated joint st...
Disney, Fox, and WBD say they have agreed to discontinue their Venu Sports streaming joint venture and will focus on existing products and distribution channels
The sports-focused streaming service will not move forward, the companies said Friday. — Venu is dead.
Spotify reports Q2 revenue up 20% YoY to €3.8B, MAUs up 14% YoY to 626M, subscribers up 12% YoY to 246M, above est., and €266M operating income; SPOT jumps 12%+
Spotify Technology SA shares surged to their highest in more than three years on Tuesday after the Swedish audio …
Reddit files to list its IPO on the NYSE, reporting revenue up 20% YoY to $804M in 2023, net loss down 43% YoY to $90.8M, 73M DAUs, and a $3.42 global ARPU
- Reddit on Thursday filed to go public. — Its market debut will mark the first major tech initial public offering of the year …
S-1: Sam Altman has an 8.7% stake in Reddit, making him the third-largest shareholder, behind Advance Magazine Publishers, with 30.1%, and Tencent, with 11%
This makes him the third-largest shareholder in Reddit, behind Advance (30 percent) and Chinese tech company Tencent (11 percent). … X: Alexei Oreskovic / @lexnfx : Sam Altman is s...
Apple Vision Pro hands-on: eye and hand tracking are very accurate, but typing is frustrating, the killer app is watching movies, can feel heavy after 15+ min
We got hands-on with the device once more before its official launch, with some new features available to test this time.
Trump Media & Technology Group SPAC partner DWA's filing shows that Truth Social lost $73M on just $3.7M in net sales from its early 2022 launch through H1 2023
The company that TMTG is planned to merge with, DWAC, broke out the surprising results in a securities filing Monday.
Trump Media & Technology Group SPAC partner DWA's filing shows that Truth Social lost $73M on just $3.7M in net sales from its early 2022 launch through H1 2023
The company that TMTG is planned to merge with, DWAC, broke out the surprising results in a securities filing Monday.
Trump Media & Technology Group SPAC partner DWA's filing shows that Truth Social lost $73M on just $3.7M in net sales from its early 2022 launch through H1 2023
The company that TMTG is planned to merge with, DWAC, broke out the surprising results in a securities filing Monday.
Elon Musk, Mark Zuckerberg, Sundar Pichai, Sam Altman, Jensen Huang, and others are expected to attend Senator Schumer's first AI Insight Forum on September 13
Rebecca Klar / The Hill :
Matt Taibbi plans to use Substack Notes instead of Twitter after learning Twitter is blocking Substack links because the company is upset about Substack Notes
On staying at Substack, and leaving Twitter, I guess — Earlier this afternoon, I learned Substack links were being blocked on Twitter.
Elon Musk claims Substack links were never blocked and Substack tried to “download a massive portion of the Twitter database to bootstrap their Twitter clone”
Elon Musk broke his silence about the Twitter CEO's conflict with the online publishing site Substack and one of its biggest writers Matt Taibbi on Saturday.
Matt Taibbi plans to use Substack Notes instead of Twitter after learning Twitter is blocking Substack links because the company is upset about Substack Notes
On staying at Substack, and leaving Twitter, I guess — Earlier this afternoon, I learned Substack links were being blocked on Twitter.
SVB draws support from 300+ VC firms, including General Catalyst, while 1,200+ founders and CEOs sign a Y Combinator petition asking the US Congress to act
More than 100 venture capital and investing firms have signed a statement supporting Silicon Valley Bank, part of mounting industry calls …
How startup founders are reacting to Silicon Valley Bank's collapse, as some worry about frozen funds, operating expenses, and paying employees full salaries
'The Silicon Valley Bank (SVB), a leading lender to startups and venture capitalists … Bloomberg : Khosla Ventures Tells Some Startups Firm Will Cover Payroll South China Morning P...