Tech Meme

Jonathan Vanian / CNBC: Meta’s Reality Labs posts Q4 revenue up 1% YoY to $1.1B, vs. $1.1B est., and a $4.97B operating loss, vs. $5.4B est.; Reality Labs has lost $60B+ since 2020  —  Meta continues to lose billions of dollars developing the virtual reality and augmented reality technologies needed to underpin the nascent metaverse. Lees verder op Tech Meme

Tom Warren / The Verge: Microsoft adds DeepSeek’s R1 to Azure AI Foundry and GitHub, and plans to make a distilled, smaller version of R1 available to run locally on Copilot+ PCs soon  —  Microsoft has moved surprisingly quickly to bring R1 to its Azure customers.  —  Microsoft has moved surprisingly quickly to bring R1 to its Azure customers. Lees verder op Tech Meme

Meta: Meta reports Q4 revenue up 21% YoY to $48.4B, net income up 49% YoY to $20.8B, and family daily active people up 5% YoY to 3.35B on average for December 2024  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2024. Lees verder op Tech Meme

Alexandra S. Levine / Bloomberg: Employer.com founder Jesse Tinsley says his US investor group vying to buy TikTok has secured $20B+ and recruited the CEOs of Roblox and Anchorage as investors  —  – Tinsley’s group has recruited Roblox CEO among investors  — Unclear if TikTok parent ByteDance will consider Tinsley bid Lees verder op Tech Meme

Microsoft: Microsoft reports Q2 revenue up 12% YoY to $69.6B, Microsoft 365 Commercial products and cloud services up 15%, LinkedIn up 9%, and net income up 10% to $24.1B  —  Microsoft Cloud and AI Strength Drives Second Quarter Results  —  REDMOND, Wash. — January 29, 2025 — Microsoft Corp. today announced … Lees verder op Tech Meme

Zaheer Kachwala / Reuters: Trump Media unveils fintech brand Truth.Fi with an investment of up to $250M, which can be allocated to various investments, like BTC and other cryptocurrencies  —  Truth Social parent Trump Media and Technology Group (DJT.O) said on Wednesday its board of directors has approved the launch … Lees verder op Tech Meme

Andrew J. Hawkins / The Verge: Waymo plans to test AVs in 10 new US cities in 2025, starting with Las Vegas and San Diego, as it plans robotaxi operations in Austin, Atlanta, and Miami soon  —  The theme of this year’s road trip is ‘generalizability.’  —  The theme of this year’s road trip is ‘generalizability.’ Lees verder op Tech Meme

Brody Ford / Bloomberg: IBM reports Q4 revenue up 1% YoY to $17.6B, vs. $17.5B est., bookings for AI consulting and software crossed $5B, up from $3B in Q3; IBM jumps 8%+ after hours  —  International Business Machines Corp. reported better-than-projected quarterly sales and profit, as well as increased bookings … Lees verder op Tech Meme

Jordan Novet / CNBC: Microsoft reports Q2 Intelligent Cloud revenue up 19% YoY to $25.5B, vs. $25.8B est., with Azure and other cloud services revenue up 31%, down from 33% in Q1  —  Microsoft shares fell 5% in extended trading on Wednesday after the software company issued fiscal second quarter results … Lees verder op Tech Meme

Meir Orbach / CTech: Maryland-based Tenable, which specializes in security exposure management, agrees to acquire Israel-based Vulcan Cyber in a $150M deal set to close in Q1 2025  —  Cybersecurity giant to integrate Vulcan’s technology into its security exposure platform.  —  Tenable  —  Cybersecurity  —  Vulcan Cyber Lees verder op Tech Meme