Alphabet’s Q1 profit was boosted by $8B in unrealized gains from an investment in SpaceX; Alphabet has been a major SpaceX investor since at least 2015 (Davey Alba/Bloomberg) April 25, 2025 by appcompact
Netflix rolls out subtitles with just spoken dialog, without audio cues or speaker names, and says ~50% of US viewing hours happen with subtitles or captions on (Emma Roth/The Verge) April 25, 2025 by appcompact
a Yahoo executive estimates that a bid for Chrome would cost tens of billions of dollars, and says Yahoo “would be able to pursue it with Apollo” (Leah Nylen/Bloomberg) April 25, 2025 by appcompact
Facebook will reduce the reach of accounts sharing spammy content and make them ineligible for monetization, after Zuckerberg promised a return to “OG Facebook” (Aisha Malik/TechCrunch) April 25, 2025 by appcompact
The US Federal Reserve withdraws guidance requiring banks to seek regulatory approval before engaging in crypto-related activities, joining the FDIC and OCC (Pete Schroeder/Reuters) April 24, 2025 by appcompact
The EU Commission says it banned officials from meeting with lobbyists acting on Huawei’s behalf, after the EU Parliament banned Huawei staff from its premises (Edith Hancock/Wall Street Journal) April 24, 2025 by appcompact
Ziff Davis sues OpenAI, alleging it used Ziff Davis' content to train AI models; sources say Ziff Davis is seeking at least hundreds of millions of dollars (Benjamin Mullin/New York Times) April 24, 2025 by appcompact
Sources: Adam Neumann's real estate startup Flow raised more than $100M from investors including a16z in a round that more than doubles its valuation to ~$2.5B (Sonali Basak/Bloomberg) April 24, 2025 by appcompact
Sources: Apple plans to relocate its secret robotics team from John Giannandrea's AI unit and place it under SVP John Ternus, who oversees hardware engineering (Mark Gurman/Bloomberg) April 24, 2025 by appcompact
Meta lays off an unspecified number of employees in Reality Labs, affecting Oculus Studios teams and, sources say, staff involved in Meta's hardware efforts (Alex Heath/The Verge) April 24, 2025 by appcompact