Amazon's annual tax bill fell 87% YoY to $1.2B in 2025, as profits grew 45% to ~$90B, mostly due to GOP's depreciation breaks in the One Big Beautiful Bill
Amazon's annual tax bill fell 87% YoY to $1.2B in 2025, as profits grew 45% to ~$90B, mostly due to GOP's depreciation breaks in the One Big Beautiful Bill
The 87 percent drop is largely due to a more generous depreciation break in the ‘One Big Beautiful Bill Act.’
Sources: Meta is pursuing a Llama successor and new frontier AI model, codenamed Avocado, set for release in Q1 2026 and that could be a proprietary model
Meta CEO Mark Zuckerberg was so optimistic last year about his company's Llama family of artificial intelligence models that he predicted …
Paramount launches a hostile bid to acquire WBD, offering WBD shareholders $30/share in a $108.4B all-cash deal; sources say WBD rejected the same bid last week
Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war …
Trump says Microsoft should fire its global affairs head Lisa Monaco over her work in the Biden administration, calling her a “menace to US National Security”
President Trump late Friday demanded Microsoft fire its head of global affairs, Lisa Monaco, over her work in the Biden administration.
How ChatGPT and other AI tools enable systemic cheating in college, unravelling the entire academic project; one student says “the ceiling has been blown off”
ChatGPT has unraveled the entire academic project. — Chungin “Roy” Lee stepped onto Columbia University's campus …
The Trump administration exempts smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from “reciprocal tariffs”
President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …
The Trump administration excludes smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from reciprocal tariffs
President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …
Trump officials accidentally added The Atlantic's EIC to a Signal group chat about the US' Houthi war plans; Signal is not approved for sharing classified info
U.S. national-security leaders included me in a group chat about upcoming military strikes in Yemen. I didn't think it could be real.
On Joe Rogan's podcast, Mark Zuckerberg said Biden administration officials would “scream” and “curse” at Meta employees to take down vaccine content, and more
Meta CEO Mark Zuckerberg told Joe Rogan in a podcast published on Friday that his company was pressured …
Sam Altman, Jeff Bezos, Tim Cook, Michael Dell, Satya Nadella, Sundar Pichai, Mark Zuckerberg, and other tech leaders congratulate Trump on his election victory
RE: https://www.threads.net/... Anil Dash / @anildash : Absolutely pathetic behavior. He said he was going to throw you in prison and you still can't help sucking up to a fascist....
Mark Zuckerberg, Tim Cook, Sundar Pichai, and more quietly courted Trump before the election, laying the groundwork for improved Silicon Valley and DC relations
The executives of tech's biggest companies largely ignored Donald Trump before the 2016 election. This time around, they're far more friendly.
Jeff Bezos congratulates Trump on his “political comeback and decisive victory” in a rare X post; Bezos last reacted to Trump's failed assassination on July 13
Kurt Schlosser / GeekWire :
Elon Musk's gamble on Donald Trump pays off, as Trump wins the race; Trump gave Musk a lengthy shout out in his victory speech, calling him “a super-genius”
“A star is born: Elon,” said Donald Trump in a lengthy shout out to his biggest donor while claiming victory in the US presidential race on Wednesday morning.
Donald Trump says “I'm for TikTok, because you need competition”, and “if you don't have TikTok, you have Facebook and Instagram” and “that's Zuckerberg”
It's late June, and Donald Trump is plotting his next presidency in the gilded offseason isolation of the Mar-a-Lago Club.
Google's rollout of AI generated summaries in search will threaten web publishers; Gartner predicts traffic to the web from search engines will fall 25% by 2026
Washington Post :
Trump Media & Technology Group closed down 21% on April 1, wiping out its gains from last week's debut, after disclosing a $58M+ loss on $4.1M in 2023 revenue
Shares of Donald Trump's social media company plunged 21% on Monday, wiping out the gains from its debut last week …
How researchers used AI to read the Herculaneum papyri, charred in 79 AD by Mount Vesuvius' eruption, potentially rewriting key parts of ancient world history
Well, make a 3D CT scan, use the images to virtually unfold, recognize the ink drops, and off you go. Amazing work by three students (from Berlin, Nebraska and ETH Zurich). … X: N...
The NYT sues OpenAI and Microsoft for copyright infringement, alleging they used millions of its articles to train AI, the first major US media outlet to sue
community responds Gaurav Girotra / Tech in Asia : NYT files copyright suit against OpenAI, Microsoft Jacob Oliver / CryptoSlate : New York Times sues Microsoft, OpenAI for alleged...
A look at the hard right tilt of X, which once served as the hub of real-time news and global debate, and how its political shift could intensify business woes
The billionaire bought Twitter to revive its business and make it less “woke.” He has succeeded at only one of those goals.