Tech Meme

Mark Gurman / Bloomberg: Apple is renaming the Gulf of Mexico to Gulf of America on its Maps app, following Google, first for users in the US and soon for all users globally  —  – Change to occur for US users and then roll out globally later  — Move follows Google; Microsoft and MapQuest haven’t made shift Lees verder op Tech Meme

Bill Peters / MarketWatch: Lyft reports Q4 revenue up 27% YoY to $1.55B, vs. $1.56B est., Q1 gross bookings forecast below est., announces a $500M buyback plan; LYFT drops 9%+ after hours  —  CEO says Lyft is ‘in advanced discussions’ with partners on autonomous vehicles.  Board OKs stock repurchase of up to $500 million. Lees verder op Tech Meme

Ananya Mariam Rajesh / Reuters: DoorDash reports Q4 revenue up 25% YoY to $2.87B, vs. $2.84B est., total orders up 19% YoY to 685M, and plans to buy back shares worth up to $5B in FY 2025  —  DoorDash (DASH.O) topped analysts’ estimate for quarterly revenue and total orders on Tuesday, as customers turned to its online platform … Lees verder op Tech Meme

Kate Knibbs / Wired: Thomson Reuters has won the first major AI copyright case in the US, filed in 2020 against the legal AI startup Ross Intelligence  —  The Thomson Reuters decision has big implications for the battle between generative AI companies and rightsholders.  —  Thomson Reuters has won the first major AI copyright case in the United States. Lees verder op Tech Meme

Zoë Schiffer / Wired: Sources: Altman told staff OpenAI’s board has not gotten an official offer from Musk and other investors, and if it happens, the board plans to reject the “bid”  —  OpenAI’s CEO claims the company has yet to receive an official offer from Elon Musk’s team, sources say. Lees verder op Tech Meme

New York Times: Elon Musk’s six companies, which face 32+ ongoing probes, pending complaints, or enforcement actions from 11+ US agencies, score benefits from Trump shake-ups  —  Elon Musk controls six companies, including Tesla.  Mr. Musk’s companies secured $13 billion in federal contracts … Lees verder op Tech Meme

Matt Levine / Bloomberg: The bid for OpenAI’s nonprofit is top-tier M&A trolling by Musk, as it complicates OpenAI’s fundraising by likely altering the cost of equity for new investors  —  Also passthrough fees, memecoins and financial advisers who tell you how to give away all your money.  —  OpenAI hostile takeover Lees verder op Tech Meme

Reuters: Filing: Binance and the US SEC have jointly asked a judge to stay the regulator’s lawsuit against the crypto exchange for 60 days, citing Trump admin changes  —  Binance and the U.S. Securities and Exchange Commission have jointly asked a federal judge to stay the regulator’s lawsuit … Lees verder op Tech Meme

John Kang / Forbes: Sources: Meta is in talks to acquire South Korean AI chip startup FuriosaAI, which has raised ~$115M since its 2017 founding; the deal could close this month  —  Seoul-based FuriosaAI was founded in 2017 and is led by June Paik, who previously worked at Samsung Electronics and AMD. Lees verder op Tech Meme

Patrick Smith / NBC News: Shopify shutters Ye’s store, which began selling swastika shirts before a Super Bowl ad boosted traffic to the site, saying it violated Shopify’s ToS  —  Shopify said in a statement: “This merchant did not engage in authentic commerce practices and violated our terms so we removed them from Shopify.” Lees verder op Tech Meme